Business Breakingviews TV: Unhealthy M&A Posted
Antony Currie and Robert Cyran explain why insurer Cigna is spending $54 bln for drugs middleman Express Scripts – and how it’s undermining the rationale behind the deal by paying a 31 pct premium that cost cuts can’t cover.
Business Breakingviews TV: Unhealthy M&A Elon Musk lands in China for Tesla talks Elizabeth Holmes to begin 11-year prison sentence Biden lauds debt ceiling deal in face of GOP skeptics China's own airliner completes first commercial flight S. Korea aims to become world's largest arms dealer McCarthy 'not at all' worried of losing role amid debt deal Biden, McCarthy reach tentative US debt ceiling deal McCarthy cites 'progress' in debt ceiling talks Ukraine tech startup turns to military drones Iraqi transit project aims to one day rival Suez U.S. says JBS ransomware attack likely from Russia No deal on debt, U.S. pushes back default date U.S. stocks end sharply higher on debt ceiling optimism Resiliency of consumer 'will eventually fade' -CIO 'Tight monetary policy' needed to tame U.S. inflation -IMF Business Lookahead: jobs, prices and AI U.S. consumer spending and inflation rise in April McCarthy: Progress made in debt talks Billionaire wins $926 mln from Credit Suisse The Week in Numbers: the AI gold rush for-phone-only for-tablet-portrait-up for-tablet-landscape-up for-desktop-up for-wide-desktop-up