A group of lenders led by the Royal Bank of Canada is selling a leveraged loan of as much as $2.75 billion supporting Blackstone Inc.’s deal for an Emerson Electric Co. unit, according to people familiar with the matter.
South Africa’s governing African National Congress contradicted a statement by President Cyril Ramaphosa that the party had decided the country should withdraw from the International Criminal Court.
Presidential contender Nikki Haley called for a “national consensus” on abortion and urged her party to acknowledge the limits of federal action on the issue, which has vexed fellow Republicans eager to win over women and swing-state voters.
Canada has become the second-most favorable place to invest in green energy projects after Prime Minister Justin Trudeau’s government rolled out a tax credit in last month’s budget, according to Rystad Energy.
Consumers are still spending on McDonalds Corp. hamburgers, Nestlé SA coffee creamer and Kimberly-Clark Corp.’s Huggies diapers even as prices for those products rise, helping boost sales for some of the biggest companies in the US and Europe.
Donald Trump is threatening to skip the Republican presidential debates, saying in a social media post that nobody got his approval beforehand and that he won’t appear at a forum held at the Ronald Reagan Presidential Library.
Apple Inc. is working on an artificial intelligence-powered health coaching service and new technology for tracking emotions, its latest attempt to lock in users with health and wellness features.
Biogen Inc.’s drug for a rare form of amyotrophic lateral sclerosis was approved by US regulators, marking the first clearance of a treatment targeting a specific genetic cause of the incurable paralysis disease.
The severe contraction in the US housing market over the past year looks like it may be coming to an end, and the bottoming-out is raising hopes on Wall Street that the country could avoid a recession altogether.
BlackRock Inc.’s Dalia Blass, who helped oversee the asset manager’s response to key policy issues including a Republican-led backlash to ESG investing, is leaving the firm to become a law partner at Sullivan & Cromwell.
