Baxter Is in Advanced Talks to Buy Hill-Rom for About $10 Billion
The talks follow an earlier bid from Baxter International that medical equipment maker Hill-Rom Holdings rebuffed.
Catalent to Buy Supplement Maker Bettera Holdings for $1 Billion
The contract drug manufacturer's deal for closely held Bettera would expand Catalent's manufacturing capabilities for vitamin, minerals and supplements to make them in gummy form.
Fortescue Net Profit More Than Doubled
Fortescue Metals Group Ltd. said its annual net profit more than doubled to $10.30 billion, as a surge in iron-ore prices more than offset rising costs.
Crown Resorts Posts Net Loss, to Skip Dividend
Australian casino operator Crown Resorts Ltd. reported a statutory annual loss and said it won't pay a dividend in the next half year as it faces further disruptions from the coronavirus pandemic and regulatory issues.
GM's Chevy Bolt Recall Casts Shadow Over EV Push
GM this month expanded the Bolt safety recall for the second time and paused production of all new Bolts. The safety action on its lone U.S. electric car will cost GM an estimated $1.8 billion, among its costliest recalls.
CVS Wants to Be Your Therapist, Too
The pharmacy chain is joining Walgreens and Walmart in offering expanded in-person counseling at or near stores, as more people seek mental health services.
Elizabeth Holmes Might Claim Abusive Relationship in Theranos Fraud Trial
The biotech startup founder alleges in newly unsealed court documents a decadelong abusive relationship with the company's former president that could figure in her defense; he denies any abuse.
How the Biggest Companies Have Fared During the Pandemic
More than three-quarters of the S&P 500 have reported higher revenue than in 2019, but a fifth remain below those levels.
Sinopharm Covid Vaccine Seen as Less Effective in Bahrain Study
The vaccine made by China's Sinopharm was less effective than others at preventing infection, hospitalization and death, especially among people over 50, according to a study by the kingdom of Bahrain and Columbia University researchers.
(END) Dow Jones Newswires
August 29, 2021 23:00 ET (03:00 GMT)
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