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Did President Biden just issue a red line to Putin?

Did President Joe Biden just issue a red line to Russian leader Vladimir Putin? When Biden described the warning he presented to Putin on cyberattacks, it certainly sounded like one. This is both surprising and potentially problematic, but could also spur much-needed progress in the development of norms and doctrine in cyberspace. Biden called his handing to Putin a list ...

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Morrison makes for $8b PE catnip

US buyout group Clayton, Dubilier & Rice LLC has chosen a soft target in approaching Wm Morrison Supermarkets Plc with a 5.5 billion pound ($7.6 billion) takeover proposal. The UK grocer says the price is too low. But its defenses are weak and it could have a fight on its hands to stay independent. The only surprise about CD&R’s 230 ...

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Get ready for ‘chaos’ in container shipping

The world’s cargo ships just can’t seem to get their act together. First there were the queues at the twin ports of Los Angeles and Long Beach, which left as many as 40 container vessels awaiting a berth in early February amid a flood of traffic. Combined volumes at the terminals hit a record of 1.9 million containers in May, ...

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