HP Inc. says its board has rejected a roughly $33.5 billion takeover offer from Xerox. The Palo Alto, California-based company said Sunday that the cash and stock deal undervalues its business and its board cited concerns about “outsized” debt levels should the companies combine.
BOSTON (AP) — The Dunkin’ coffee chain says customers will have to do without a “double cup” for their iced drinks. A new campaign focused in Massachusetts and Rhode Island tells customers they can no longer nest their iced drinks in a second, foam cup for extra insulation as the company moves to eliminate its polystyrene cups.
WASHINGTON (AP) — The White House is ramping up its push to get a bill through Congress that curbs prescription drug costs, feeling a new urgency as the impeachment investigation advances amid the 2020 election campaign.
LONDON (AP) — A senior British business leader has raised concerns about the economic policies of the two main parties in next month’s election, describing 2020 as the most important year in a generation due to uncertainty over Britain’s departure from the European Union.
VENICE, Italy (AP) — Venetians are bracing for the prospect of another exceptional tide in a season that is setting records. Officials are forecasting a 1.6 meter (5 feet, 2 inch) surge of water Sunday through the lagoon city.
DUBAI, United Arab Emirates (AP) — Protesters angered by Iran raising government-set gasoline prices by 50% blocked traffic in major cities and occasionally clashed with police Saturday after a night of demonstrations punctuated by gunfire, in violence that reportedly killed at least one person.
WASHINGTON (AP) — Federal prosecutors offered a plea deal to two correctional officers responsible for guarding Jeffrey Epstein on the night of his death, but the officers have declined the offer, people familiar with the matter told The Associated Press.
LONG BEACH, Calif. (AP) — California’s struggling marijuana market can expect more strain and turbulence for at least a couple of years as it deals with sustained competition from illegal sales, industry layoffs and fallout from a national vaping crisis, the state’s top cannabis regulator said Friday.
The National Rifle Association’s embattled top executive earned about $2 million last year at a time when the gun rights lobby is beating back challenges from regulators, longtime members and gun control groups, according to tax filings cited in media reports.
WASHINGTON (AP) — The Federal Reserve said Friday that corporate debt remains at historically high levels but overall the U.S. financial system is resilient, a view in sharp contrast to the problems that led to the 2008 financial crisis.
U.S. regulators on Friday approved a new medicine that can help reduce extremely painful sickle cell disease flare-ups. The Food and Drug Administration approved Novartis AG’s Adakveo for patients 16 and older.
OKLAHOMA CITY (AP) — An Oklahoma judge who last summer ordered consumer products giant Johnson & Johnson to pay $572 million to help address the state’s opioid crisis on Friday reduced that amount in his final order in the case by $107 million because of his miscalculation.