Brad Jacobs, the billionaire who founded XPO Logistics Inc., is creating a publicly listed company designed for multiple acquisitions and funded with $1 billion, mostly from Jacobs himself.
The US Supreme Court signaled a likely divide over Purdue Pharma LP’s $6 billion opioid settlement, as the justices weighed Biden administration contentions that the accord improperly shields the Sackler family members who own the company.
African nations should conserve and expand their forest cover to take advantage of the rising demand for carbon offsets even though the current pricing for such projects remains low, a new report says.
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European natural gas prices slumped to a two-month low as persistent low demand for the fuel helps to preserve the region’s inventories.
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