Summary: NextEra Energy Partners, LP is a growth-oriented limited partnership company with investments in renewable energy and natural gas pipeline projects.
Full articleSummary: UBS analyst lowered price target on NextEra Energy Partners and keeps Neutral rating due to uncertainties in addressing CEPF buyouts.
Full articleSummary: Oak Street Health, a subsidiary of CVS Health Inc agreed to settle for $60 million following allegations of False Claims Act violation by paying kickbacks to third-party insurance agents for patient referrals. The settlement also resolves claims brought under the whistleblower provisions of the False Claims Act by Joseph Stinson.
Full articleSummary: Oak Street Health, a subsidiary of CVS Health Inc, agreed to settle for $60 million in Medicare kickback violations under False Claims Act. The claims involved paying kickbacks to third-party insurance agents to recruit seniors, leading to false Medicare submissions.
Full articleSummary: Vectura Fertin Pharma, an affiliate of Philip Morris International, has sold UK-based Vectura Group to Molex Asia Holdings, with upfront cash consideration of £150m and potential deferred payments of up to £148m. The remaining units of Vectura Fertin Pharma will focus on developing and commercializing oral consumer health and wellness offerings and inhaled prescription products.
Full articleSummary: China Development Bank Financial Leasing Co., Ltd. announces the purchase of fifty 737 MAX-8 aircraft from The Boeing Company to optimize fleet structure and increase fuel efficiency.
Full articleSummary: The Bank for International Settlements is working on a blockchain-based project named Agora, aiming to revolutionize cross-border payments worldwide by creating an international platform for trading tokenized assets using digital currencies backed by participating central banks.
Full articleSummary: North America is expected to become the worldwide price setter for natural gas due to substantial reserves and technology sharing overseas.
Full articleSummary: Vectura Fertin Pharma, Inc., an affiliate of Philip Morris International Inc. (PMI) (NYSE: PM), announces the sale of its subsidiary Vectura Group Ltd. (Vectura) to Molex Asia.
Full articleSummary: The American Bankers Association believes that the Financial Crimes Enforcement Network has greatly underestimated the number of new bank accounts opened each year, leading to increased compliance burden. They suggest reforms to customer identification requirements to reduce paperwork.
Full articleSummary: Disney drops plan to block a wrongful death lawsuit over a food allergy incident at Disney Springs due to controversy around fine print clauses, including waivers to sue in court.
Full articleSummary: Citigroup Global Markets Australia Pty Limited and related entities have ceased to be substantial shareholders in Lifestyle Communities Ltd as of August 19, 2024. This follows a series of transactions involving shares of the company.
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