U.S. Representative Steve Scalise is positioning himself as a compromise candidate for the House’s No. 3 leadership post as the Republican Party struggles over its direction.
Valeant Pharmaceuticals International Inc. today began a tender offer to acquire the shares of Allergan Inc., the maker of Botox, the first move in its attempted hostile takeover of the drugmaker.
Starwood Capital Group, the investment firm run by Barry Sternlicht, agreed to buy seven U.S. malls from Taubman Centers Inc. for about $1.4 billion to expand its retail holdings.
While cybersecurity stocks like FireEye Inc. and Imperva Inc. have crashed this year, Check Point Software Technologies Ltd. has weathered the selloff.
After years of subpar results at Harvard Management Co., three high-level managers have exited the $32.7 billion endowment and the university is searching for new leadership.
Adobe Systems Inc.’s shares soared to a record after the company posted quarterly subscriber gains that showed it is making progress in its transition to cloud software.
Shire Plc rose a third consecutive day after an analyst said Allergan Inc. plans to bid for the Anglo-Irish drugmaker as the U.S. competitor seeks to prevent a hostile takeover by Valeant Pharmaceuticals International Inc.
The European Union has to rely on antitrust and privacy rules to curb Google Inc.’s search-engine dominance and can’t just break up the company, German Interior Minister Thomas de Maiziere said.
A California city still burdened by debt payments from its 2001 bankruptcy is struggling to avoid defaulting on those bonds or going insolvent for a second time in 13 years.
The Milken Institute likes to keep up with the newest new thing, so it was no surprise that its April conference in Los Angeles included a panel on investing in marijuana.
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