The billionaire Sackler family members who own Purdue Pharma LP are proposing to contribute another $1.2 billion to the opioid maker’s bankruptcy settlement plan, part of a deal to wipe out lawsuits targeting the company, according people familiar with the de…
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Former Wells Fargo CEO Dick Kovacevich says the U.S. economy is already well underway into a recovery despite the Biden administration's stimulus package. He speaks on "Bloomberg Markets." (Source: Bloomberg)
Source: Bloomberg, 05:32
KKR & Co. is seeking about $12 billion for its fourth global infrastructure fund, according to a person with knowledge of the matter.
Boxed, an online retailer of products in bulk, is in talks to go public through a merger with Seven Oaks Acquisition Corp., a blank-check firm, according to people with knowledge of the matter.
Source: Bloomberg, 25:55
Topline The more infectious U.K. coronavirus variant that scientists believe could “ sweep the world ” could be up to twice as deadly as previous dominant variants, researchers said Wednesday, underscoring the urgency of ongoing vaccination campaigns and rigorous monitoring to identify potentially dangerous mutant viruses as they arise. Key Facts The B.1.1.7. variant, which…
Topline Just one year after the onset of the coronavirus pandemic in the United States, the rapid pace of vaccinations and massive scale of fiscal stimulus spending will push the American economy to recover twice as fast as expected, the Organization for Economic Cooperation and Development said Tuesday . Key Facts The Paris-based policy organization…
Topline Despite spending months after the 2020 presidential election attacking the safety of mail-in voting, former President Donald Trump once again relied on the voting method to cast his ballot in a Florida municipal election held Tuesday. Key Facts First reported by The Palm Beach Post , Trump requested his mail-in ballot for the town’s…
Updated Mar 9, 2021, 09:07am EST Topline The two German shepherds belonging to President Joe Biden and First Lady Jill Biden were sent back to the family’s Delaware home after the younger dog, Major, displayed aggressive behavior towards staff and bit a member of the White House security team, CNN reported Tuesday. Key Facts CNN…