Business COVID 19

Why Stimulus 3.0 + Impeachment 2.0 adds up to very little for investors

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. Stocks and futures are little changed on Thursday despite reports the incoming Biden administration is planning a fresh round of stimulus spending, this one carrying a $2 […]

Business

Carrefour shares pop as merger talks intensify

Alimentation Couche-Tard Inc., the Canadian owner of Circle K convenience stores, is exploring a takeover of French grocer Carrefour SA in a roughly $20 billion deal that would create a trans-Atlantic retail giant. Couche-Tard’s initial proposal values the French company at about 20 euros per share, people with knowledge of the matter said. That would […]