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HP doesn’t need Xerox, which may have been the point

After HP Inc. rebuffed Xerox Holdings Corp.’s attempted $34 billion takeover attempt, don’t be surprised if the printer company’s next step is to say, “You don’t buy us, we buy you.” But don’t expect any offer to be generous. A counteroffer from its bigger rival may have been Xerox’s plan all along. The two companies have been involved in tentative ...

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How to overcome losing 600,000 people a year

You know times are hard in provincial South Korea when the guy selling walkers and hearing aids can only make ends meet by day trading. Ho Cheol Lee, 52, keeps his eyes on flashing stock quotes while his shop, crammed with wheelchairs, canes and other equipment for seniors, sits empty. Lee has run the store for roughly two decades, and ...

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US futures decline on China tensions; bonds advance

Bloomberg American equity-index futures declined along with stocks in Europe and Asia after the US Senate passed legislation supporting Hong Kong protesters, drawing a rebuke from China and potentially complicating trade talks. Bonds gained. Contracts on all three major US indexes declined, signalling a weak open in New York. The 10-year Treasury yield fell to a three-week low and the ...

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