US producer prices rise solidly; healthcare costs increasing

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US producer prices rise solidly; healthcare costs increasing

U.S. producer prices increased by the most in six months in October, lifted by gains in the costs of goods and services, further bolstering the Federal Reserve’s stance that it will probably not cut interest rates again in the near term. By Lucia Mutikani.
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Banks Set to Cash in on the Saudi Aramco IPO Want You to Know They're Still Serious About Climate Change

More than two-dozen investment banks involved in the potentially record-breaking listing of Saudi Aramco are expected to bring home serious bank in the coming weeks. By one measure, they’ll be splitting $450 million in fees. But they’re likely to face a hefty …
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Kalanick Has Now Sold $711 Million of Uber Since Lockup Expired

Travis Kalanick sold 6.1 million shares of Uber Technologies Inc. just days after disposing of a fifth of his stake, bringing the total offloaded to $711
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Apple Plans Mega Bundle of Music, News, TV as Early as 2020

Apple Inc. is considering bundling its paid internet services, including News+, Apple TV+ and Apple Music, as soon as 2020, in a bid to gain more
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Canopy Growth CEO defends ugly quarter as one-time event

Many people love to smoke marijuana, but few, it appears, will buy the oil derived from the plant. The world’s largest cannabis company by market value, Canopy Growth Corp., said Thursday that it lost C$26.9 million ($20.3 million) on returned cannabis oil …
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