Health insurer Centene is buying rival WellCare Health Plans in a $17 bln deal. By creating clout in government-supported healthcare, Rob Cyran explains that the buyer is gambling that federal aid will continue to grow and antitrust regulators won’t in…
The souped-up news and entertainment products CEO Tim Cook unveiled on Monday look decent enough, but are hardly must-haves. Nor is its Goldman Sachs-backed credit card. Rob Cyran and Jen Saba bite into Apple’s uninspiring attempt to boost subscription…
Donald Trump wants to nominate conservative commentator Stephen Moore to one of two vacant seats on the Federal Reserve’s board. That would politicize the U.S. central bank in a way the U.S. president hasn’t risked before, as Tom Buerkle explains.
CLSA’s chief executive has quit just two weeks after its chairman left, sparking speculation of culture clashes between the brokerage and its owner, Citic Securities. Bank mergers are hard. Alec Macfarlane explains why it’s too early to write this one …
The abandonment of Biogen’s Alzheimer’s drug, which cost it $18 billion in market value, follows the failure of similar efforts by others. It’s a potentially huge market, but a tough one to crack. Rob Cyran explains why investors may have been too opti…
European authorities hit the Alphabet unit with a fresh penalty for abusing its dominance. Yet Rob Cyran points out that nearly $10 bln in collective fines pale beside the company’s $600 bln increase in market worth, which suggests regulators may need …
Starboard has produced a 197-page deck to support its opposition to Bristol-Myers’ $74 bln offer for Celgene. Antony Currie and Rob Cyran highlight the presentation’s contradictions and misplaced micromanagement that undermine Starboard’s case.
The ride-hailing company seeks a valuation of up to $23 bln with its public offering. Lyft has first-mover advantage over Uber, but as Richard Beales explains, supervoting shares for the founders and no clear path to profitability pose tough questions …
After scandal enveloped a member of South Korean boy band Big Bang, shares in the industry’s talent agencies plummeted this week. Robyn Mak and Jeffrey Goldfarb discuss how YouTube and Spotify should be able to help the popular music export pick up the…
After scandal enveloped a member of South Korean boy band Big Bang, shares in the industry’s talent agencies plummeted this week. Robyn Mak and Jeffrey Goldfarb discuss how YouTube and Spotify should be able to help the popular music export pick up the…