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How SunPower Narrowly Avoided Bankruptcy With 'Trojan Horse' Rescue Deal

Expensive financing helps troubled solar company survive a few more months. ....

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The art of moneymaking by Blackstone, BlackRock

Two major events are shaking up the asset management world. ....

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BlackRock to buy GIP in US$12.5-billion deal; fourth-quarter profit rises on stronger AUM

BlackRock said it will buy GIP for $3-billion in cash and roughly 12 million Blackrock shares to create an investing platform with more than $150-billion in combined assets ....

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FL Legislature must expand state health insurance to Florida College System employees

Currently, the public servants of the Florida College System do not have access to the attractive State Group Insurance Program (SGIP). ....

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'Dualing' obesity drugs: Roche's $2.7B buyout of Carmot driven by Mounjaro twin mechanism

The same mechanism of action deployed by Eli Lilly and Co.’s obesity drug Mounjaro (tirzepatide) helped lure Roche Holding AG to the buyout of Carmot Therapeutics Inc., as the pharma giant agreed to pay $2.7 billion up front for the privately held outfit, promising another $400 million if milestones are met. ....

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