Canada’s antitrust watchdog plans to appeal a court ruling that gave approval to Rogers Communications Inc.’s takeover of a rival, a last-ditch effort to halt one of the country’s biggest-ever corporate mergers.
(Bloomberg) — Donald Trump’s tax returns show how the former president used a range of write-offs in the US tax code to pay little or no federal income tax, according to six years of records released Friday by a House panel.
US stocks fell on the last trading day of 2022, closing out the worst year in more than a decade for global equities and bonds.
A year ago, crypto analysts, riding high from the successes of 2021, had big hopes for Bitcoin, with some of them seeing the token hitting $100,000 or more in 2022.
The dollar is headed into 2023 on a more downbeat note as the pace of Federal Reserve interest-rate hikes begins to slow amid signs that inflation risks are beginning to lessen.
Tesla Inc. is expected to announce record quarterly deliveries in early January but that may not be enough to satisfy investors as the electric-vehicle leader grapples with inflation, rising interest rates, crimped production in China and concerns about softening demand.
The worst year for equity bulls since 2008 will also be remembered as one when the predominant investment strategies veered from one another by the most in two decades.
(Bloomberg) — Cathie Wood’s worst-ever year wasn’t even over before the clouds started to gather for 2023.
(Bloomberg) — Airline passengers traveling to France, Spain and the UK from China will have to present a negative Covid test due to concerns over a surge in infections after Beijing scrapped its strict lockdown measures.
(Bloomberg) — Merck & Co. notched its best yearly gain in more than two decades, making it the top-performing drugmaker in the S&P 500 in 2022 as investors rewarded the company for strong earnings and upbeat clinical trial data.
