Business

Trump Is Set To Deal A Major Blow To Grad Student Unions

Unions that have been trying to organize graduate students at private universities are about to have some cold water thrown on their campaigns. The federal agency that referees collective bargaining in the private sector announced Wednesday that it would be issuing a new rule regarding whether such students who teach qualify as employees eligible to

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Colluding drug firms ‘cost the NHS millions of pounds’

Image copyright Getty Images Image caption Prochlorperazine is prescribed for nausea and dizziness Four pharmaceutical firms have been accused of illegally colluding to restrict the supply of an anti-nausea tablet, driving the price paid for it by the NHS up by 700%. The Competition and Markets Authority (CMA) said the cost of Prochlorperazine rose from

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Avon to be acquired by Brazil’s Natura for £1.6bn

Image copyright Avon Brazilian cosmetics group Natura has announced that it is buying UK-based direct-selling cosmetics business Avon. Natura, which already owns The Body Shop and Aesop, is Brazil’s top business in cosmetics, perfumes and toiletries. Its all-stock offer of about $2bn (£1.6bn) means Natura shareholders will hold 76% of the combined company, which will

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DOJ Antitrust Staff Recommends Blocking T-Mobile-Sprint Deal: Report

WASHINGTON, May 22 (Reuters) – The U.S. Justice Department’s antitrust division staff has recommended the agency file a lawsuit to block T-Mobile US Inc’s $26 billion acquisition of smaller rival Sprint Corp, according to two sources familiar with the matter. The final decision on whether to allow two of the four nationwide wireless carriers to

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Trump Accidentally Launched His Own War On Christmas And Consumers Will Suffer

President Donald Trump’s trade war with China is turning into a different kind of “war on Christmas” as consumers can now expect to pay more for their holiday decor. The Trump administration just increased tariffs to 25% on a wider category of goods, including holiday lights. And that means this Christmas could be a whole lot

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