Australian Shares Rise

Merck KGaA Shares Jump on Expectations of AI Boost

The German company said booming artificial-intelligence demand would help its electronics sales grow faster than previously expected over the medium term.

Business - The Wall Street Journal - October 17

CVS replaces CEO as profits, share price suffer

Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.

CVS Ousts Karen Lynch as C.E.O. and Shares Fall

Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state of the company’s finances.

Business - The New York Times - October 18

Ryan Reynolds Shares the Keys to Killer Marketing

At the 2024 Inc. 5000 Conference, the ‘Deadpool’ actor and entrepreneur said ads should be joyful and culturally relevant.

Business - Inc. - October 18

Vietnam Elects Luong Cuong as President, Reviving Power-Sharing Arrangement

The move restores a “four pillar” government structure that divides top-level duties to avoid the rise of a single strongman.

World - The New York Times - October 21

Is it better for my taxes if I donate shares or cash?

You get the biggest benefit by getting rid of the biggest potential tax liability.

Business - MarketWatch - October 21

This Company Created an ‘Easy Button’ for Sharing Information Securely

Two brothers with roots in national security built Virtru based on the insight that private companies have the same needs as government.

Business - Inc. - October 21

FirstFT: HSBC overhaul to divide businesses along east-west lines

Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity push

World - Financial Times - October 22

Tokyo Metro Shares Surge in Trading Debut

The initial public offering by the operator of subways in Tokyo is the largest since SoftBank Corp.’s $21 billion IPO in 2018.

Business - The Wall Street Journal - October 22

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