business
Financial Services Roundup: Market Talk
Find insight on CVC Capital Partners, Allianz, Swiss Re and more in the latest Market Talks covering Financial Services. Source link
Restaurant Executives Tell Us How They Get Customers When Times Are Hard
Eateries are turning to deals and better operations to compete at a time when many consumers cling to their kitchens. Source link
RedBird Drops $660 Million Bid for Britain’s Telegraph Newspaper
The failed deal prolongs an already drawn-out sale process for the publication. Source link
H. Lundbeck Launches Bid for Avadel in Move to Scuttle Alkermes Deal
The unsolicited bid—worth up to $2.25 billion—potentially upends Avadel’s deal to be acquired by Alkermes. Source link
Will Trump’s Trade War Break America’s Addiction to Cheap Stuff?
The president has said American children should be content with two dolls instead of 30. But the country’s shopping habit has been built over decades of abundant imports from Asia. Source link
Topgolf in Talks to Be Sold to Private-Equity Firm Leonard Green
The deal would value the high-tech driving ranges at about $1 billion. Source link
Meet the New CEO of Walmart
John Furner, a lifer at the retailer, grew up in Arkansas and interned at Sam’s Club Mexico. Source link
Walmart CEO Doug McMillon to Step Down
John Furner will succeed Doug McMillon as president and chief executive of the retail giant. Source link
Enbridge $1.4 Billion Project Aims to Boost Canadian Oil Flow to U.S. Refineries
Pipeline operator Enbridge will push ahead with a $1.4 billion expansion of its core network to boost deliveries of Canadian heavy oil and reach key refining markets in the U.S. Midwest and Gulf Coast. Source link
Walmart CEO Doug McMillon to Step Down
John Furner will succeed Doug McMillon as president and chief executive of the retail giant. Source link