President Joe Biden praised a pair of Canadian citizens whose detention in China sparked an international firestorm, a nod to the solidarity between the US and Canada over rising tensions with Beijing.
US officials now expect that a phone call between President Joe Biden and China’s President Xi Jinping won’t happen as soon as they had hoped, as ties between the world’s two biggest economies continue to fray, according to people familiar with the matter.
BridgeBio Pharma Inc., which develops treatments for genetic diseases, is attracting takeover interest from bigger drug companies, according to people familiar with the matter.
The gap between Activision Blizzard’s stock price and Microsoft Corp.’s takeover offer is at its narrowest level since the $69 billion merger was announced in January 2022, as an update from UK regulators lifts expectations that the deal could go through.
This island country is switching up its time zone and saying goodbye to the twice-yearly clock change starting March 25.
Joe Biden came to Canada seeking a show of unity on Ukraine, climate change and trade, but the US president also delighted in poking at the northern nation’s main sports rivalry.
Billionaire investor Carl Icahn upped his criticism of Illumina Inc.’s acquisition of Grail Inc., saying in his latest attack that its board set a “new low” in governance by pursuing the deal over antitrust regulators’ objections.
Investors are steering clear of corporate America’s most vulnerable borrowers, even as credit markets rally on bets that the worst of the global banking crisis may be over.
Bond traders Friday all but abandoned wagers that the Federal Reserve will raise interest rates in May and added to bets that its next shift will be a rate cut as early as June as the US approaches a recession.
California Governor Gavin Newsom lifted many of the water-use restrictions he imposed during the state’s punishing three-year drought, now that months of intense rains have refilled reservoirs and inundated farm fields.
