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Nashville Mayor Megan Barry Resigns

Nashville Mayor Megan Barry Resigns

Nashville Mayor Megan Barry resigned Tuesday after pleading guilty to a felony that stemmed from an investigation into an affair she had with an officer on her security detail.

Published 3 months ago

The New ID Theft: Thousands of Credit Applicants Who Don’t Exist

The New ID Theft: Thousands of Credit Applicants Who Don’t Exist

Synthetic-identity fraud is one of the fastest growing forms of identity theft—and the hardest to spot and combat. Scammers use phony names and unused Social Security numbers to secure debt, a crime that exposes a vulnerability in the U.S.’s credit-checking system. ‘It seemed too easy.’

Published 3 months ago

Tax Cuts Fuel Biggest Merger Spree Since 2000

Tax Cuts Fuel Biggest Merger Spree Since 2000

Tax cuts and economic growth are spurring a spending spree by U.S. companies on deal making as well as share buybacks. But with some deals being done at big earnings multiples, companies and their investors may find they haven’t spent wisely when the dust eventually settles.

Published 3 months ago

CVS Readies $44 Billion Bond Sale

CVS Readies $44 Billion Bond Sale

Pharmacy chain CVS Health plans to sell about $44 billion of bonds as soon as Tuesday to help pay for its $69 billion acquisition of health insurer Aetna Inc.—the largest corporate bond sale in more than two years and a bellwether for the health of the corporate bond market.

Published 3 months ago

Why Spotify Won’t Be the Netflix of Music

Why Spotify Won’t Be the Netflix of Music

Musicians have long complained about the power of big record labels. Investors tempted to buy Spotify stock when it goes public later this month could end up sympathizing.

Published 3 months ago

Boost for Ramaphosa as South Africa avoids recession

Boost for Ramaphosa as South Africa avoids recession

First annual economic expansion for four years will be welcomed by new president

Published 1 second ago

Donald Trump’s trade follies presage more protectionism

Donald Trump’s trade follies presage more protectionism

Everybody, even the US, would be damaged by the Balkanisation of the global economy

Published 1 second ago

Does America Really Need Another Light Beer? Corona Thinks So

Does America Really Need Another Light Beer? Corona Thinks So

As Americans pay more for natural dog food, organic macaroni and cheese and small-batch tequila, beer companies say light beer drinkers want an upgrade, too.

Published 3 months ago

UnitedHealth Will Pass Drug Rebates Directly to Some Consumers

UnitedHealth Will Pass Drug Rebates Directly to Some Consumers

UnitedHealth Group’s insurance arm will change how it handles some rebates it gets from drugmakers, passing them on to individuals who take the medicines amid pressure to reduce costs and bolster transparency around pharmaceuticals.

Published 3 months ago

Global Inflation Stalled in January

Global Inflation Stalled in January

Inflation in the world’s largest economies was unchanged for a third straight month in January, while it fell in rich countries, according to figures released by the OECD.

Published 3 months ago

Facebook looks to change the tune with move into music videos

Facebook looks to change the tune with move into music videos

Social media group’s deals with music labels point to latest effort to lock-in users

Published 1 second ago