Below please find daily updates pertaining to the latest in financial, business, and tax news:
Mike Moore, a pioneer of the cigarette litigation of the 1990s, is encouraging states to sue drug companies over the painkiller epidemic....Sun, Jul 23, 2017
Private-equity firm KKR is nearing a deal to buy health-information provider WebMD Health, according to people familiar with the matter. ...Mon, Jul 24, 2017
China reined in one of its brashest conglomerates with the approval of President Xi Jinping—a mark that the broader government clampdown on large private companies comes right from the top....Mon, Jul 24, 2017
Singapore-based ride-hailing firm GrabTaxi Holdings is raising $2.5 billion in Southeast Asia’s largest-ever round of startup fundraising as it seeks to battle Uber Technologies across the populous region....Mon, Jul 24, 2017
Germany’s largest car maker has asked Europe’s antitrust watchdog to scrutinize decades of coordination efforts by the country’s main auto manufacturers amid growing concern they might have breached antitrust regulations. ...Thu, Jul 20, 2017
ECB policy makers haven't yet discussed the future of their bond-purchase program after its tentatively scheduled end in December, but will do so in the fall, ECB President Mario Draghi said....Fri, Jul 21, 2017
The Trump administration is asking the Defense Department and other agencies to assess industry’s ability to fill U.S. defense needs. ...Thu, Jul 20, 2017
The International Monetary Fund provides public access to board-meeting minutes only up to 2010, even though its guidelines require that such information should be available for more-recent deliberations. ...Thu, Jul 20, 2017
For the first time in years, pay for lowest-income Americans is rising faster than for other groups. Weekly pay for earners at the lowest 10th percentile of the wage scale rose at a faster rate last quarter, from a year earlier, than any other group....Thu, Jul 20, 2017
The number of Americans applying for first-time unemployment benefits fell last week, another signal of a buoyant job market....
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