Walgreens Weighs $2 Billion Sale of Pharmacy Automation Unit iA
Walgreens Boots Alliance Inc. is weighing a sale of its pharmacy automation business, which could fetch up to $2 billion, according to people familiar with the matter.
Bloomberg Business
Bitcoin Eyes First Two-Day Drop of 2023 as Microsoft Dents Mood
Bitcoin is flirting with its first back-to-back drop since the start of the year following a poor revenue outlook from technology bellwether Microsoft Corp. that dented wider investor sentiment.
Russia Orders Closure of Country’s Oldest Human Rights Group
A Russian court on Wednesday ordered the closure of the Moscow Helsinki Group, the country’s oldest human rights organization, amid an accelerating crackdown on the remnants of civil society since President Vladimir Putin’s invasion of Ukraine.
DirecTV Drops Newsmax Channel in Dispute Over Fees
DirecTV said it dropped Newsmax in a dispute over fees — a move characterized as “censorship” by the conservative news channel.
Russian Oil Switching at Sea Gathers Pace in Wake of European Sanctions
Russia is transferring record amounts of its flagship Urals crude at sea as Moscow tries to overcome freight costs that soared following European sanctions.
UK to Subsidize Semiconductor Firms in Bid to Make Domestic Chips
The UK government will provide direct taxpayer funding to support British semiconductor companies as part of a strategy for a sector that has become a lightning rod in global geopolitics, according to officials familiar with the plans.
National Instruments Co-Founder Backs $7 Billion Emerson Offer
Emerson Electric Co.’s $7 billion takeover offer for National Instruments Corp. has won support from the measurement systems maker’s co-founder.
Key US Inflation Gauge Seen Slowing But Leaving Fed Wanting More
The Federal Reserve’s preferred inflation gauges probably cooled in December to the slowest paces in more than a year, reinforcing a step down in the pace of interest-rate hikes but likely not enough for officials to discuss a pause.
Laid-Off Foreign Tech Workers Are Set to Find New Jobs in Chicago
Chicago is looking to attract a myriad of foreign workers laid off by technology giants as companies in the city and its suburbs seek to lure top talent and fill thousands of open positions.
Turkey Weighs Lira Hedging Restrictions to Curb Dollar Demand
Turkey’s central bank is considering a measure to deter lenders from selling currency derivatives to their customers, the latest effort to curb growing corporate demand for dollars.
