Philip Morris International has raised its bid against Carlyle to acquire Vectura, a U.K.-based drug manufacturer specializing in inhaled medicines, to 1.02 billion pounds ($1.41 billion). The U.K.'s Takeover Panel said that the deal could enter a rare head-to-head auction.
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The Congressional Budget Office released a report Thursday estimating the $1 trillion proposal would add $256 billion to the nation's budget deficit over the...
Former President Donald Trump issued a statement Saturday slamming the infrastructure bill as a “gift to the Democrat Party, compliments of Mitch McConnell.”
Gas prices have surged to a new seven-year high and while some experts predict predict they’ll come down soon, others expect more pain at the pump if crude oil prices rise.
Detroit's Big Three automakers plan to announce on Thursday that they aspire to have 40% to 50% of new vehicle sales by 2030 be electric models as they call for billions in U.S. government assistance to meet aggressive targets, sources briefed on the matter said.