3M's (NYSE: MMM) spin-off announcement last month caught the market by surprise and inevitably raised comparisons with General Electric's (NYSE: GE) impending breakup. Both companies plan to spin off their healthcare businesses in 2023 (with GE also planning to spin off its power and renewable energy businesses together in 2024) to unlock value for shareholders. Let's look at 3M's plans and what they mean for the investment case for the stock.
A mother found out about son’s affair with his teacher after spotting a love bite on his neck, a court has heard.
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To some, arriving at an important event naked is the stuff of nightmares. For others, it’s a meticulously planned reality.
Ukrainian President Volodymyr Zelensky on Thursday fired the head of the department responsible for his personal protection after two of its officers were detained this week over an alleged assassination plot. Zelensky published a decree to "dismiss Sergiy Leonidovich Rud from the post of head of the State Protection Department of Ukraine".It did not state a reason for Rud's removal or name a replacement to the highly sensitive position.The announcement came after Ukraine's SBU security service
A bus crashed off a bridge and into the Moyka River in Saint Petersburg, Russia, on Friday, May 10, with local police saying around 20 people were on board.Local media reported that at least five people died, with four “seriously injured”. These figures had not been officially confirmed.The city’s governor, Alexander Beglov, said emergency services from various departments were on the scene.Local police said the circumstances that led to the bus being driven into the river were still being determined.This security footage shows the bus driving along the side of a building, swerving to hit a car, and then crashing into the river. Credit: Russian Ministry of Internal Affairs via Storyful
Julen Lopetegui expected to be appointed as successor in east London
A new photo of Pedro Pascal and Dakota Johnson kissing has gone viral on the internet, but this isn't a sign of new love.
A shocking scene unfolded at a Thai restaurant in Brooklyn, New York, on April 29, when an angry customer threw a cup of hot coffee at a waitress. Security footage captured the irate woman yelling at the waitress for allegedly throwing a menu at her, before furiously hurling a cup of scolding hot coffee at her face. Police are investigating the assault.
A man accused of brutally stabbing and dismembering his mother in an east-end condo before leaving her remains in garbage bags on the street told a Toronto jury that while he came from an abusive home, he never intended to kill his mother.
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Russia keeps jamming US precision weapons in Ukraine, showing the US a problem it needs to solve before its next big fight.
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Hong Kong's dai pai dong food stalls are facing extinction. The remaining licenses are only transferrable to family members.
Russia only had one tank on display during its Victory Day parade this year. Every year, Moscow wraps itself in patriotic pageantry for Victory Day, a celebration of its victory over Nazi Germany in the Second World War. Today marks the 79th anniversary and Mr Putin addressed the parade in the Red Square, talking up his country's military capabilities in a speech aimed as much at a foreign audience as a domestic one.
AFP via Getty ImagesIsraeli Ambassador to the United Nations Gilad Erdan pulled out a paper shredder at the podium of the General Assembly on Friday and shredded a copy of the U.N. Charter to protest a resolution in support of Palestinian membership. “Today I will hold up a mirror for you,” he said, shortly before the general assembly overwhelmingly voted to back Palestinian membership. “This is your mirror. So that you can see exactly what you are inflicting upon the U.N. Charter with this dest
Sir Jim Ratcliffe, it is fair to say, is not afraid of voicing an opinion. A number of Ineos executives involved at his Ligue 1 club Nice had a WhatsApp group and, on occasion, Ratcliffe would not be shy about sharing his bemusement, for example, about an interim manager’s left-field team selections.
What’s the Fed put? It’s when the Federal Reserve signals that it will reduce rates if the economy or financial markets fall apart. The concept originated in the 1980s and 1990s, when markets became conditioned to expect the Fed to step in during times of financial market stress—causing the stock market to rally.
Israeli prime minister says country can ‘stand alone’ but later says he hopes US and Israel can overcome differences
SATS Ltd. ( SGX:S58 ), is not the largest company out there, but it received a lot of attention from a substantial...
We are *so* here for Bella Hadid's cowgirl era, including her latest outfit that consists of a crop top and suede midi skirt worn with brown cowboy boots.
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