Fresenius shares rally after it ditches Akorn takeover

Fresenius shares rally after it ditches Akorn takeover

Shares in health-care group Fresenius jumped as much as 3.9 percent after it pulled out of the $4.75 billion acquisition of Akorn, with analysts saying it was extricating itself from taking on an underperforming business. Germany’s Fresenius on Sunday cited evidence of misconduct in the target’s reporting of drug development data to U.S. health-care regulators, […]

The Most Important Social Security Chart You'll Ever See

The Most Important Social Security Chart You'll Ever See

Your Social Security benefits are calculated based on a bunch of different factors. Some vary depending on your circumstances — such as how much you earn — and others are simply fixed. You may know, for example, that the earlier you start collecting benefits, the smaller the checks will be, and that you can make […]

'No Black bucks for Starbucks': Protesters at Phoenix Starbucks call company racist

'No Black bucks for Starbucks': Protesters at Phoenix Starbucks call company racist

CLOSE The small group of protesters entered several downtown Phoenix Starbucks locations on April 21, accusing the company of being racist following the arrest of two black men at a Philadelphia store. BrieAnna Frank/The Republic The group convenes at its second location for the day, at a Starbucks inside downtown Phoenix’s Renaissance Hotel.(Photo: BrieAnna J. […]

Oil Erases Gains After Trump Slams OPEC for Inflating Prices

Oil Erases Gains After Trump Slams OPEC for Inflating Prices

Oil fell in New York after U.S. President Donald Trump criticized OPEC and said crude prices are “artificially Very High.” The comments came as the Organization of Petroleum Exporting Countries and allies including Russia showed willingness to further tighten oil markets and boost prices. Looks like OPEC is at it again. With record amounts of […]

Qualcomm to Cut 1500 Jobs in California, State Filings Show

Qualcomm to Cut 1500 Jobs in California, State Filings Show

By and April 19, 2018, 5:39 PM EDT Qualcomm Inc. will cut 1,500 jobs in California, the majority at the chipmaker’s San Diego headquarters, according to documents filed with the state. Some 1,231 positions will be eliminated in San Diego with terminations starting about June 19, the company said in a WARN, or Worker Adjustment […]

Qualcomm May Be Collateral Damage in a US-China Trade War

Qualcomm May Be Collateral Damage in a US-China Trade War

Qualcomm’s situation illustrates the perils of trying to punish a major trading partner that has become a crucial link in supply chains stretching across the globe. By targeting foreign players with ties to their own markets, the United States and China are putting their own economic futures at risk. The question is whether the Trump […]

Cadillac Chief Leaves GM, Citing `Philosophical Differences'

Cadillac Chief Leaves GM, Citing `Philosophical Differences'

General Motors Co.’s Cadillac chief is leaving the company in the midst of a $12 billion plan to turn around the brand, citing strategic differences with other managers. Johan de Nysschen is exiting immediately and will be replaced by Steve Carlisle, who’s been president of GM Canada since late 2014. De Nysschen, 58, joined the […]

Starbucks Will Close All Its US Stores For Anti-Racial Bias Training

Starbucks Will Close All Its US Stores For Anti-Racial Bias Training

Starbucks will close more than 8,000 stores and corporate offices in the US on the afternoon of May 29 to hold anti–racial bias training as the company struggles to cope with the fallout of two black men being arrested at a location in Philadelphia. Fierce backlash against the coffee chain followed after a video of […]

1 2 3 9