2019

Trump Needs a Target to Stay Interested in His Campaign. For Now, It’s Biden.

He has tried workshopping versions of those critiques as Twitter attacks, referring to Mr. Biden as “sleepy” and “swampman,” and blaming him for the 1994 crime bill that critics say increased mass incarceration. West Wing aides have been discussing another criminal justice reform event as a vehicle to underscore Mr. Biden’s support of the crime

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Private equity firm buying Shutterfly for $1.74 billion

Private equity firm Apollo Global Management is buying online photo publishing company Shutterfly for $51 per share. Apollo will pay $1.74 billion for the 20-year-old company, which became popular offering its users prints and photobooks of their favorite shots. But demand for that type of service has declined as people opt to share photos online

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Raytheon and United Technologies to create a defense giant

Raytheon and United Technologies will join to create a massive aerospace and defense company in a sector that is already rapidly consolidating. The combined company, which will count among its portfolio of weaponry the F-35 fighter jet engines, Patriot and Tomahawk missile systems in addition to space suits and intelligence technology as well as Pratt

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