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Don’t mistake investors for complete pushovers

  A takeover bid for one of the UK’s few publicly traded software companies of any size is facing resistance. When stocks are falling everywhere, snubbing a cash offer is brave. But shareholders in Aveva Group Plc are justified in holding out. The situation is emblematic of the opportunistic bids we could see exploiting this year’s collapse in the pound ...

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After Hurricane Ian, build back different

  Florida’s home-insurance business was in trouble even before Hurricane Ian tore across the state. Big insurers were taking their business elsewhere, smaller ones were going broke, costs due to litigation and fraud had soared, and so had premiums. The private market was pulling back as the risk of weather-related damage mounted, leaving homeowners to buy protection from the state-backed ...

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United nears ‘triple-digit’ order for widebody jets

Bloomberg United Airlines Holdings Inc. is closing in on an order for more than 100 widebody jets as it studies offers for Boeing Co.’s 787 Dreamliner and Airbus SE’s A350. The transaction would be one of the largest-ever purchases of long-range aircraft. It’s part of a broader push by Chief Executive Officer Scott Kirby to upgrade United’s offering a little ...

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