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Chinese group seeks to seal takeover of AC Milan by June

  Thetford / AFP The Chinese investor group pursuing a takeover of the AC Milan soccer club, which is controlled by former Italian Prime Minister Silvio Berlusconi, is targeting a deal by June, people with knowledge of the matter said. The consortium, whose investors have a background in renewable energy and media, has agreed on most key terms and is seeking ...

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Treasuries best place to be as investors binge at US auctions

  Bloomberg Buyers snapped up $56 billion in Treasury debt at auctions this week, lured by higher yields than found in most other developed nations, as slow global growth and mixed U.S. economic data complicate the Federal Reserve’s efforts to raise interest rates. With investors buoyed by an April 14 report showing benign consumer-price inflation, demand was so strong at ...

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UnitedHealth to exit Michigan Obamacare exchange, state says

  Bloomberg UnitedHealth Group Inc. plans to exit a third state Obamacare market as the insurer works to stem losses from its struggling Affordable Care Act business. The insurer won’t sell policies through Michigan’s ACA exchange for next year, according to Andrea Miller, a spokeswoman for the state’s Department of Insurance and Financial Services. Georgia and Arkansas said last week ...

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