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Apollo Global-backed security company ADT files for US IPO

Bloomberg ADT Inc., the security company backed by Apollo Global Management LLC, filed for a US initial public offering. The company filed with an initial offering size of $100 million, a placeholder that’s typically used to calculate fees and will likely change, according to a filing with the US Securities and Exchange Commission. ADT intends to use the proceeds to ...

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‘UK economy holds back due to inflation, Brexit’

Bloomberg A picture of inflation-squeezed consumers and Brexit-wary companies emerged in the UK’s latest overview of its economy. Annual growth in the third quarter slowed to 1.7 percent, slightly higher than previously estimated but still the weakest pace in 4 1/2 years, the Office for National Statistics (ONS) said. The economy expanded an unrevised 0.4 percent from the second quarter, ...

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Spinal-cord implants emerge as alternative to pills in US

Bloomberg For millions of Americans suffering from debilitating nerve pain, a once-overlooked option has emerged as an alternative to high doses of opioids: implanted medical devices using electricity to counteract pain signals the same way noise-cancelling headphones work against sound. The approach, called neuromodulation, has been a godsend for Linda Landy, who was a 42-year-old runner when a foot surgery ...

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