ICU Medical Inc., the San Clemente, California-based producer of intravenous medical equipment, is weighing a sale that may fetch more than $1 billion, said people familiar with the matter. The shares rose to their highest closing price since first being sold to the public 21 years ago.
U.S. Secretary of State John Kerry traveled to Asia seeking to reassure allies in South Korea and Japan and encourage China to increase pressure on North Korea to drop its threats and nuclear-weapons development.
The U.S. wants to send a message that America can defend itself and allies without “getting too jumpy” about North Korea’s barrage of threats, Susan Rice, the U.S. ambassador to the United Nations, said.
San Antonio Mayor Julian Castro predicted President Barack Obama will win at least 70 percent of the Hispanic vote, describing Republican challenger Mitt Romney as “the most conservative candidate that the Latino community has ever seen.” Castro, the convention’s keynote speaker on Sept. 4, was interviewed today at a Bloomberg/Washington Post breakfast in Charlotte, North Carolina.
North Korea vowed to boost its nuclear capability after the United Nations Security Council, including its ally China, imposed new sanctions against the totalitarian state for last month’s rocket launch.
China’s decision to join Russia in blocking United Nations action on Syria may carry little risk of economic reprisals from Persian Gulf states, the major oil suppliers that pushed to condemn the Assad regime.