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The Bond Selloff Is Gathering Pace Why the Fed Isn t Intervening

Microsoft’s CEO Nadella on search and AI at Google trial, Birkenstock presses forward with IPO despite gloomy conditions, and other news to start your day.

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Novartis to Complete Spinoff of Generic Drug Division

Swiss pharmaceutical maker Novartis plans to spin off its Sandoz generic drugs division starting Wednesday, to focus on its core drug R&D business.

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Kaiser Permanente Braces for Healthcare Worker Strike

The unions representing 75,000 healthcare workers are seeking higher wages, more staffing, job protections, retiree healthcare, and other benefits.

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Federal Shutdown Could Last 3 Weeks, Goldman Says

Goldman Sachs' top economist Jan Hatzius says the odds of a government shutdown are now 90%, and partisan politics mean it wouldn't end quickly.

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Biden Backs UAW Workers on Picket Line Why the Fed Won t Like It

Congress scrambles to prevent government shutdown, JPMorgan’s Jamie Dimon warns of 7% interest rates, and other news to start your day.

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