ABB Nears Sale of Power Grids to Hitachi in $11 Billion Deal

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ABB Nears Sale of Power Grids to Hitachi in $11 Billion Deal

ABB Ltd. is nearing an agreement to sell about 80 percent of its power grids unit to Hitachi Ltd. in a deal that would value the entire business at about
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Novartis May Team With Reinsurers to Cut Drug Costs, FT Reports

Swiss drugmaker Novartis AG is considering working with reinsurers to provide alternative financing options for life-saving drugs, potentially saving
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Pelosi Has Earned Her Speakership

“Well, then go do it. Go do it.” With just a few brisk, unadorned words, Nancy Pelosi, the House Speaker-designate, challenged, and bested, President
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Don't Let the Boy Scouts Go Bankrupt

The Boy Scouts of America is not exactly confirming reports that it's considering bankruptcy, but it's not exactly denying them, either. It's hard to see
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Hammerson accused of masking debts

Shopping centre owner Hammerson has been accused of understating its true debt position through creative accounting. Hammerson has kept its
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