$4 Billion Purchase
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The Wall Street Journal - World
Private-equity firm Carlyle Group is in exclusive talks to acquire medical-device maker Baxter's kidney-care spinoff Vantive for more $4 billion, including debt.
Private-equity firm Carlyle Group is in exclusive talks to acquire medical-device maker Baxter’s kidney-care spinoff Vantive for more $4 billion, including debt. -
Financial Times - Business
Tesla cars put on local Chinese government’s purchase list for first time
Announcement comes as Elon Musk’s group faces increasing competition in world’s largest car marketTesla -
The Wall Street Journal - World
Your Old Clothes Are Worth Billions
Secondhand apparel retail is a booming business, but turning a profit is harder than it sounds. -
ABC News - World
EU commission approves Lufthansa purchase of long-troubled Italian airline ITA, with conditions
The European Commission has approved Lufthansa’s takeover of Italian airline ITA with conditions to protect competitionEuropean Union -
Yahoo Sports - Sports
Disney CEO Bob Iger and Willow Bay close to purchasing controlling stake in NWSL club Angel City FC: Reports
Iger and Bay will replace Reddit co-founder Alexis Ohanian as majority owner of the team, which is worth a reported $300 million. -
The Wall Street Journal - World
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - World
Shell to Take Impairment Hit of Up to $2 Billion
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant as European energy majors grapple with weak market conditions, while trading in its core gas division is set to fall on quarter. -
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CBS News - Top stories
Saks Fifth Avenue owner buying Neiman Marcus for $2.65 billion
Canada's Hudson's Bay Company, which owns Saks Fifth Avenue and other retailers, is buying 117-year-old Neiman Marcus. -
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The Hill - Politics
Saks Fifth Avenue parent to buy Neiman Marcus Group for $2.65 billion
Saks Fifth Avenue parent company HBC announced Thursday a $2.65 billion deal to acquire Neiman Marcus Group, the parent company of Neiman Marcus and Bergdorf Goodman. HBC said that after the deal goes through it will launch Saks Global, which will ... -
The Wall Street Journal - Business
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - World
China's Central Bank Borrows 'Hundreds of Billions' of Yuan in Government Bonds
China’s central bank has signed agreements with major brokers to borrow “hundreds of billions” of yuan worth of government bonds, a move analysts say is likely aimed at stabilizing plummeting long-term bond yields.China -
The New York Times - Business
Investors Pour $27.1 Billion Into A.I. Start-Ups, Defying a Downturn
Funding for A.I. firms made up nearly half the $56 billion in U.S. start-up financing from April to June, according to PitchBook. -
MarketWatch - Business
CureVac’s stock soars on GSK’s $1.56 billion deal for its COVID-19 and flu vaccines
U.K. pharmaceutical giant GSK said the deal gives it the rights to develop, manufacture and commercialize messenger RNA-based candidate vaccines for flu and COVID-19. -
MarketWatch - Business
Jeff Bezos aims to sell another $5 billion of Amazon stock, after earlier selling spree
The Amazon founder and executive chair has filed to sell up to 25 million shares, after he dumped 50 million in February. -
CNBC - Business
Romance scams cost consumers $1.14 billion last year. It's a 'more insidious' fraud, expert says
Cyber criminals are tapping into wealth accounts through human connection. Here's how to spot it and cut ties as soon as you can. -
CNBC - Business
Tesla short sellers lost $3.5 billion in two days of trading after deliveries report
With Tesla's stock close to wiping out its losses for the years, investors betting for a decline have had a rough week.Tesla -
CNBC - Business
Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal
The deal will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus' namesake department store chain and Bergdorf Goodman. -
MarketWatch - Business
Saks Fifth Avenue buying Neiman Marcus in $2.65 billion deal, with backing by Amazon
High-end retail chains Saks Fifth Avenue will buy rival Neiman Marcus in a deal that will see Amazon.com and Salesforce also take stakes, the companies said in a statement on Thursday. -
CNBC - Business
Over $170 billion wiped off cryptocurrencies as market tanks on Mt. Gox bitcoin payout fears
Cryptocurrencies plunged on Friday as investors get anxious about the planned payout of nearly $9 billion to users of collapsed bitcoin exchange Mt. Gox.Crypto -
CNBC - Business
Energy giant Shell to take up to a $2 billion impairment hit on Rotterdam, Singapore plants
Energy giant Shell on Friday said it expects to record a post-tax impairment hit of up to $2 billion mainly linked to its Singapore and Rotterdam plants. -
MarketWatch - Business
How a burger-shack owner allegedly toppled a government and evaded taxes on $7 billion in U.S. military contracts
Douglas Edelman has been charged with hiding $350 million in income. He allegedly spent the money on yachts and an Austrian chalet. -
The Wall Street Journal - World
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a biofuels plant.
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a biofuels plant. -
ABC News - Tech
Scammers are swiping billions from Americans every year. Worse, most crooks are getting away with it
Sophisticated overseas criminals are stealing tens of billions of dollars from Americans every year, a crime wave projected to get worse as the U.S. population ages and technology makes it easier to successfully perpetrate fraud -
CBS News - Top stories
7/4: CBS Evening News
California firefighters battling Thompson Fire contend with simmering heat; Nonprofit reunites Marines with their K9s -
Inc. - Business
4 Ways to Respond Instead of React
How you respond in the moment can determine your outcome. -
The Wall Street Journal - World
Amazon will build a top-secret cloud for Australia's government to deepen collaboration with the U.S. and strengthen Canberra's defense communications.
Amazon will build a top-secret cloud for Australia’s government to deepen collaboration with the U.S. and strengthen Canberra’s defense communications. -
BBC News - Top stories
Where do I vote and when do polling stations close?
The UK general election is on Thursday, 4 July, but there are reports some postal votes have been delayed. -
CBS News - Top stories
July 4 travel expected to break records
AAA projects more than 60 million Americans will drive 50 miles or more this week over the Fourth of July holiday, which is millions more than last year. The TSA says it will be busiest on Sunday, when more than 3 million travelers could be ... -
ESPN - Sports
Source: Bronny signs four-year Lakers contract
The Lakers have signed Bronny James to his rookie contract, which will pay him $7.9 million over four years, a league source told ESPN.NBA -
Inc. - Business
Americans Ready to Set July 4 Travel Records
Despite steep gas prices, looming storms, and costlier fixings for backyard barbecues, an estimated 71 million people will be on the move this holiday weekend.