Private Equity Firm Advent Pauses Subway Pursuit as Auction Process Drags On
Advent International has stopped working on a potential deal for Subway as the auction of the sandwich chain drags on, according to people familiar with the matter.
Advent International has stopped working on a potential deal for Subway as the auction of the sandwich chain drags on, according to people familiar with the matter.
Results from Apple Inc. and Amazon.com Inc. after Thursday’s close represent the next big hurdle for the market’s tech-fueled rally, and it may be the hardest to clear.
Texas authorities are disputing claims by the Mexican government that a drowning in the Rio Grande was caused by the controversial buoys put up by the state.
The UK Treasury has called on the Financial Conduct Authority to “urgently” investigate the scale of debanking after the outcry that followed the closure of Nigel Farage’s account with Coutts.
The longtime leader of the University of California-Los Angeles is stepping down, leaving three top university presidencies open in the state.
The UK’s shadow energy secretary has demanded the government act urgently after a report showed how Drax Group Plc benefited from a loophole in a green-energy subsidy program that he said allowed households to be “ripped off.”
A former National Basketball Association player was ordered to spend 10 years in prison for leading a scheme to defraud the league’s health care plan out of more than $5 million.
Expedia Group Inc. tumbled the most in more than a three years after reporting second-quarter revenue that missed analysts’ estimates, signaling a potential slowdown in travel demand during the busy summer season.
JetBlue Airways Corp., Alaska Air Group Inc. and other US carriers expected the post-pandemic travel boom to send ticket prices soaring this summer. Instead, they’re getting battered.
Barclays Plc could shift its European headquarters to Paris from Dublin.