SoftBank wants its competing portfolio companies to stop losing so much money and, in some cases, to merge. That’s the news out from the Financial Times today, which reported that Uber and DoorDash discussed merging last year. The talks didn’t wind up …
See Original Article

This week kicked off what could be a three-week trial concerning a southeast Missouri peach grower, Bayer and BASF. The trial is at the U.S. District Court Eastern District of Missouri Southeastern Division in Dunklin County, Mo. and centers on whether …
See Original Article

WILMINGTON, Del. (Reuters) – Directors of Tesla Inc (TSLA.O) settled a shareholder lawsuit over its 2016 acquisition of SolarCity Corp, leaving Chief Executive Officer Elon Musk as the lone defendant facing claims that Tesla paid $2.6 billion for a worthless …
See Original Article

Biogen Inc. BIIB reported fourth-quarter 2019 earnings per share of $8.34, which comprehensively beat the Zacks Consensus Estimate of $8.00. Earnings rose 19% year over year, backed by higher revenues and lower operating expenses. Sales of this …
See Original Article

‘When you don’t know, the best investment strategy is to be smartly diversified across geographic locations, across asset classes, and across currencies.’ That’s how Ray Dalio, founder of hedge-fund behemoth Bridgewater Associates, says he’s approaching …
See Original Article