A record low for oil prices
That’s the age David Bowie turned just two days before he died on Sunday, ending a battle with cancer that lasted 18 months. Known for pushing boundaries in his art and music, Bowie was also innovative in how he handled his intellectual properties. In fact, in 1997, he issued his own bonds.
That’s how much the union between drug makers Shire and Baxalta will reportedly be worth in a deal announced Monday. As the New York Times writes, the deal ends a six month process in which Baxalta initially felt undervalued by Shire’s offers. The resulting company will reportedly take in more than $20 billion in sales by 2020.
That’s how many cars were sold in 2015, ending a record-breaking year for the auto industry. With the North American International Auto Show in Detroit kicking off Monday, many car makers will be optimistically showing off new models. But not everyone will be present — with an estimated $5 million cost to present at the show, luxury car makers that don’t have new models are skipping the Motor City this year.
That’s the price that oil fell below on Monday, marking the first time it has done so since 2003. As the Wall Street Journal writes, a strong U.S. dollar combined with fears over the volatility of Chinese markets have caused the 12-year low.
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