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Why Visa and Plaid called off their $5.3 billion fintech deal
One year after Visa announced its agreement to buy fintech startup Plaid, the companies on Tuesday walked away from the deal amid regulatory opposition that threatened to hold up the merger for years. The proposed $5.3 billion deal was one of the fintech industry’s largest in history, and preceded a flurry of other mergers by […]
As vaccines roll out, businesses face a new quandary
Good morning. David Meyer here in Berlin, filling in for Alan. As vaccination drives roll out at varying speeds, there’s a big question mark over the issue of what may become—hopefully temporarily—a two-tiered populace. In Israel, which is running the world’s speediest COVID-19 inoculation campaign (though that hasn’t warded off the need for a tight […]
Fight over hospital’s COVID-19 vaccine mandate ends with 153 workers out of a job
Enlarge / Houston Methodist Hospital at the Texas Medical Center campus in Houston, Texas. (credit: Getty | Bloomberg) After staging weeks of protest and being called “reprehensible” by a federal judge, 153 workers of a Houston-based hospital system lost their jobs Tuesday for refusing to get vaccinated against COVID-19. Houston Methodist hospital system had placed […]