Sentara will not merge with North Carolina-based hospital chain Cone Health

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Sentara will not merge with North Carolina-based hospital chain Cone Health

It’s not clear what prompted the about-face by the health care systems, but in a statement to The Virginian-Pilot on Wednesday, North Carolina Attorney General Josh Stein said a recent wave of hospital consolidations has given him “real concerns” about the …
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Exxon Activist Seen Winning Third Board Seat in Preliminary Vote

Preliminary tallies show the newest nominee from Engine No. 1’s slate elected to Exxon’s 12-member board is private equity investor Alexander Karsner, according to the people, who asked not to be identified because the tally hasn’t been published. Exxon …
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If Inflation Is Coming, Bonds May Do A Little Better Than You Expect

Common wisdom is that bonds will fare poorly in an inflationary environment. Though, there’s some truth to that. In an inflationary environment, bonds could actually beat stocks, and we have seen this occur with some regularity historically.
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Palantir gets aggressive in SPAC investments, backing digital health, aviation and robot companies

Palantir is one of several investors putting a total of $230 million in a deal that will turn Babylon Health into a public company, according to an announcement on Thursday. In less than three months, Palantir has forged agreements to invest in at least six …
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Indian shares rise as daily COVID-19 cases fall; GDP data eyed

Indian shares on Monday extended last week’s rally as declining COVID-19 cases buoyed investor sentiment ahead of GDP data for the first three months of the year. The NSE Nifty 50 index (.NSEI) rose 0.44% to 15,503.70 by 0515 GMT, while the benchmark …
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