By Chibuike Oguh NEW YORK (Reuters) – The investment arm of insurance giant Metlife Inc said on Tuesday it had agreed to acquire Raven Capital Management, a U.S. private credit manager with $2.1[...]
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Health
Australia’s Medibank slapped with class action over cyber incident
(Reuters) – Australian health insurer Medibank Private Ltd said on Tuesday a class action suit had been filed against it over last year’s cybercrime incident that compromised personal info[...]
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Activist investor rallies Bayer shareholders as pressure on CEO mounts -sources
By Emma-Victoria Farr, Patricia Weiss and Oliver Hirt FRANKFURT (Reuters) -Bayer investor Jeff Ubben has contacted fellow shareholders in the German group, investors and sources familiar with the matt[...]
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CVS nearing $10.5 billion deal for primary-care provider Oak Street Health – WSJ
(Reuters) -CVS Health Corp is close to an agreement to buy primary care center operator Oak Street Health Inc for about $10.5 billion including debt, the Wall Street Journal reported on Monday, citing[...]
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What the world’s longest happiness study says about money
By Chris Taylor NEW YORK (Reuters) – For generations, society has grappled with the question of whether money brings happiness. Now a new book has some answers – with the data to back it u[...]
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Nearly 60 hair relaxer lawsuits against L’Oreal, others consolidated in Illinois federal court
By Diana Novak Jones (Reuters) – Nearly 60 lawsuits claiming hair relaxer products sold by L’Oreal USA Inc and other companies cause cancer and other health problems will be consolidated i[...]
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Drug companies face COVID cliff in 2023 as sales set to plummet
By Michael Erman and Patrick Wingrove NEW YORK (Reuters) – Pharmaceutical companies that made billions from the pandemic over the past two years selling vaccines and treatments are now up agains[...]
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U.S. military members suing 3M seek dismissal of subsidiary’s bankruptcy
By Dietrich Knauth (Reuters) – Current and former U.S. military members suing 3M over allegedly defective military earplugs have asked a U.S. judge to dismiss 3M subsidiary Aearo Technologies[...]
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Merck sees sharp decline in COVID sales for 2023 after strong fourth quarter
By Michael Erman (Reuters) – Merck & Co on Thursday forecast 2023 earnings below Wall Street estimates along with an expected steep decline in sales of its COVID-19 antiviral treatment, and[...]
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