
Owens & Minor cancels $1.36B Rotech acquisition
Owens & Minor is paying an $80 million termination fee to end the deal.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


New York Post
7 minutes ago
- New York Post
Canadian government ends Air Canada strike, imposes binding arbitration
The Canadian government brought the Air Canada strike to a screeching halt Saturday by imposing binding arbitration on the airline and its flight attendants. The move came less than 12 hours after Air Canada's 10,000 flight attendants walked off the job, at 1 a.m. Saturday, after months of stalled negotiations over a new contract. Canada's labor policy minister, Patty Hajdu, said she met with both sides Friday night and determined there was a low likelihood of a near-term deal. 'They are so far apart on a number of issues that they are going to need some help,' she told the Wall Street Journal. 3 The Canadian government imposed binding arbitration Saturday to bring a strike by the country's largest airline carrier to a screeching halt. AFP via Getty Images 'This is not a decision that I've taken lightly, but the potential for immediate negative impact on Canadians and our economy is simply too great,' she said. The most contentious issue in the contract talks has been the Canadian Union of Public Employees' demand for compensation for time spent on the ground between flights and when helping passengers board. Flight crews are currently only compensated when their airplane is moving. 3 Striking Air Canada workers walk the picket line at Pearson International Airport in Toronto. AFP via Getty Images Montreal-based Air Canada formally requested this week the government impose binding arbitration, arguing talks were at an impasse. 3 Air Canada said it was premature to discuss when flights would resume as the arbitration order was just unveiled. AP The union in a statement said the government gave Air Canada what it wanted. The union, known as CUPE, made 'reasonable proposals for a fair cost-of-living wage increase,' it said. 'Air Canada responded by sandbagging the talks.' Air Canada said it was premature to discuss when flights would resume as the arbitration order was just unveiled. Air Canada transports about 130,000 passengers daily, operates nearly 200 flights daily to the U.S., and flies to nearly 60 countries.


Boston Globe
37 minutes ago
- Boston Globe
Hawaiian Airlines to cancel only direct flight to Boston
'Despite our team's best efforts, soft post-pandemic travel demand from Asia combined with various market challenges have persisted in Seoul, as well as in Fukuoka and Boston,' Hawaiian Airlines CEO Joe Sprague said. The airline began service to Boston in 2019 and currently operates four direct, non-stop flights between Logan International Airport and Honolulu's Daniel K. Inouye International Airport each week. Advertisement Logan International Airport did not immediately respond to a request for comment. Hawaiian Airlines was the only airline that offered direct flights between Logan International Airport in Boston and Daniel K. Inouye International Airport in Honolulu, according to the 'We remain committed to continuing to provide robust Hawaiian Airlines service between Asia and Hawai'i through our nonstop Japan flights, and via one-stop connections to and from Incheon and beyond with our global partner airlines,' Sprague said. The suspension is set to go into effect Nov. 19, when all direct flights between Boston and Honolulu will cease operation. After the suspension, Boston-based travelers will have to arrange for connecting flights on their route to Honolulu and the state of Hawai'i. Advertisement 'Between Honolulu and Boston, guests can connect daily on Alaska Airlines' flights via Seattle, Portland, San Francisco and San Diego,' Hawaiian Airlines said in the statement. Travelers who booked Hawaiian Airlines flights between Honolulu and Boston after the Nov. 19 suspension will be reaccommodated with another flight to their location or receive a refund, the airline said in the statement announcing the suspension. The planes that were used to fly between Honolulu and Logan International will redirect their courses to support high-demand flight paths, the airline said. In the statement, Hawaiian Airlines said that the aircraft will be redeployed to offer an increased number of flights between Honolulu and Sydney, Australia, Papeete, Tahiti, Los Angeles, and Seattle. 'These adjustments will ensure we are meeting strong demand for travel to Hawaiʻi – both internationally and domestically – while providing all our guests access to more destinations,' Sprague said. Hawaiian Airlines and Alaska Airlines The deal was intended to offer more flights between the 138 destinations the airlines accommodate and maintain Honolulu as a travel hub, the Katie Cressman can be reached at

Epoch Times
2 hours ago
- Epoch Times
Malfunctioning Insulin Pumps Recalled After 59 Injuries
San Diego-based Tandem Diabetes Care, Inc. is voluntarily recalling insulin pumps used to manage blood sugar, the company said in an Aug. 12 announcement by the Food and Drug Administration. Insulin pumps are wearable devices that deliver insulin at predetermined doses at specific times. Such devices can feature alarm functions to alert users about various situations, such as issues with insulin delivery.