Category: Business News

Tax Changes Are Coming Next Year

The Senate and House may spend most of the month ironing out the differences in their tax bills. Or they may be delayed by other legislation and not enact a new tax code until...

Wall Street set for strong open

Over the weekend, Senate Republicans managed to narrowly pass a bill to revamp the country’s tax system U.S. drugstore operator CVS Health is to buy Aetna, a U.S. health insurer, for $69 billion U.S....

Bitcoin Now Bigger

Bitcoin’s extraordinary price surge means its market capitalization now exceeds the annual output of whole economies, and the estimated worth of some of the world’s top billionaires. With the debate over its bubble status still...

Aetna set to approve sale to CVS Health

Aetna Inc’s (AET.N) board of directors was meeting on Sunday to approve the U.S. health insurer’s sale to U.S. drugstore chain operator CVS Health Corp (CVS.N) for approximately $207 per share in cash and...

Alibaba sells $7 billion of bonds

Chinese e-commerce giant Alibaba Group Holding Ltd. tapped the corporate bond market this week with a five-part deal that included a 40-year maturity, making it the company’s longest-dated bond. The company offered five tranches...