CVS Health to pause M&A and focus on integration
By Raghav Mahobe and Leroy Leo (Reuters) – CVS Health Corp said on Wednesday it would pause its recent acquisition…
Updated
UBS aims to close Credit Suisse deal by end of May, early June-CEO
ZURICH (Reuters) -UBS Chief Executive Sergio Ermotti said on Wednesday that the Swiss bank was working on closing its merger…
UBS weighed Credit Suisse deal as early as December – SEC filing
By Noele Illien ZURICH (Reuters) -UBS was considering the potential impact of buying struggling rival Credit Suisse as early as…
Adobe’s $20 billion Figma buyout deal under UK competition watchdog scanner
(Reuters) – Britain’s competition watchdog said on Wednesday it was looking into Adobe Inc’s $20 billion buyout deal for cloud-based…
New York State bans natural gas in some new construction
By Brendan O’Brien (Reuters) – New York has become the first U.S. state to pass legislation banning the use of…
US services sector still growing; inflation remains sticky
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. services sector maintained a steady pace of growth in April as new…
World Bank board elects US nominee Ajay Banga as president
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -The World Bank’s board of governors on Wednesday elected former Mastercard CEO…
US Senate Democrats launch renewed effort to counter China
By Patricia Zengerle and David Shepardson WASHINGTON (Reuters) – U.S. Senate Democrats launched a renewed effort to stave off competition…
Estee Lauder sinks after dour 2023 outlook due to slow recovery in Asia
By Ananya Mariam Rajesh and Katherine Masters (Reuters) – Estee Lauder Cos Inc’s shares plunged on Wednesday after the cosmetics maker…
Robinhood, securities regulators face off over Massachusetts fiduciary rule
By Chris Prentice (Reuters) -Massachusetts’ highest court on Wednesday heard arguments on whether to revive a state fiduciary duty rule…