The financier, who died at 78 years old, was known for prominent takeovers of Snapple and Warner Music. Story Published at: February 24, 2023 at 01:13PM Continue Reading…
Remembering Thomas H. Lee, a Veteran of Private Equity
Sale of Manchester United Highlights Pricey Bets on Soccer
Several bidders have emerged to buy the English soccer club, promising to pay billions to own a big piece of the world’s most popular sport. Story Published at: February 21, 2023 at 01:07PM Continue Reading…
Authorities Step Up Their Crypto Crackdown
A string of enforcement actions, the latest involving the multibillion-dollar collapse of Terraform Labs, has put the chill on a recent Bitcoin rally. Story Published at: February 17, 2023 at 12:36PM Continue Reading…
Investors Await a Momentous Inflation Report
Tuesday’s Consumer Price Index data could hold big clues about the Federal Reserve’s future policy moves. Story Published at: February 14, 2023 at 12:44PM Continue Reading…
The Winners and Losers from Super Bowl LVII
There were surprises on-field and off — from Rihanna’s halftime performance to Disney’s controversial ad splash. Story Published at: February 13, 2023 at 01:05PM Continue Reading…
The S.E.C. Signals a Crackdown on Another Crypto Practice
Cryptocurrency executives worry that charges against Kraken, a popular exchange, over the business known as staking would further chill their industry. Story Published at: February 10, 2023 at 12:52PM Continue Reading…
Bob Iger’s Turnaround Plan Takes Shape
Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business, cut costs, and formulate a succession plan. Story Published at: February 9, 2023 at 12:50PM Continue Reading…
Biden Makes His Business Case in the State of the Union
The president took credit for strong job growth and his legislative agenda that’s boosted investment in infrastructure and clean energy projects. Story Published at: February 8, 2023 at 12:42PM Continue Reading…
ChatGPT Gets Fresh Competition
Google and Baidu are set to introduce their own A.I.-powered chatbots to challenge OpenAI, Microsoft and the rising popularity of ChatGPT. Story Published at: February 7, 2023 at 12:33PM Continue Reading…
Carlyle Taps a Former Goldman Executive to Fill Its Leadership Void
The private equity giant has fallen behind rivals in fundraising in recent months, and its stock has underperformed the broader market. Story Published at: February 6, 2023 at 12:28PM Continue Reading…