Why Americans eat so much peanut butter
For most Americans, when it comes to peanut butter, only one question is paramount: creamy or crunchy? What most consumers don’t know, is how that choice is shaped by hundreds …
Mergers and acquisitions
Eli Lilly to acquire obesity drug maker Versanis for $1.9 billion
Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images Eli Lilly on Friday said it will acquire Versanis, a privately held …
UK CMA softens stance after blocking deal
Britain’s competition regulator, the staunchest opponent of Microsoft’s $69 billion acquisition of gaming giant Activision Blizzard, flat out blocked the deal in April. It appears the U.K. Competitions and Markets …
Illumina hit with record EU fine over Grail deal
Rafael Henrique | Lightrocket | Getty Images European Union regulators on Wednesday fined Illumina a record 432 million euros ($476 million) for closing its acquisition of cancer test developer Grail …
JetBlue to end American Airlines deal, focus on Spirit, after antitrust case
American and JetBlue flights prepare to take off at Los Angeles International Airport, Jan. 11, 2023. Carolyn Cole | Los Angeles Times | Getty Images JetBlue Airways said Wednesday that …
Temasek says it’s not looking to invest in crypto firms right now
Rohit Sipahimalani, chief investment officer of Temasek Holdings Pte, speaks during a news conference in Singapore, on Tuesday, July 11, 2023. Ore Huiying | Bloomberg | Getty Images Singapore’s sovereign …