Marc Rowan of Apollo Global Management and Stan Druckenmiller of Duquesne Family Office are among the donors hosting a fundraiser for Republican presidential candidate Tim Scott in the Hamptons next week.
Pinterest Inc. said revenue in the current quarter will rise in line with analysts’ estimates, disappointing some investors after digital-ad rivals posted surprisingly upbeat results last week. Shares fell as much as 5% in after-market trading.
South African business leaders told President Cyril Ramaphosa that the jobless rate could rise to 38.1% by 2030 without urgent action to solve the country’s energy, logistics and crime crises.
Vista Equity Partners is offering to pump $1 billion of preferred equity into its portfolio company Finastra Group Holdings Ltd. in an effort to get a multi-billion dollar refinancing over the line after months of haggling with potential lenders.
Petroleos Mexicanos shut down the country’s largest oil-exporting terminal because of a leak, adding to a string of major operational headaches for the state-owned company just as the summer driving season increases demand for crude.
Meta Platforms Inc. started its process of ending news availability in Canada over a law requiring digital platforms to pay local news outlets.
Creditors led by Apollo Global Management Inc. are nearing a deal to provide Yellow Corp. with fresh cash during a coming bankruptcy, according to people with knowledge of the matter.
A gravity-defying rally in electric vehicle startup Nikola Corp. is showing no signs of stopping, as the company’s latest efforts to conserve cash and secure funds reignites a fervor for the stock.
Tupperware Brands Corp. has been warning for months that it may go bust, but that isn’t keeping retail investors away from powering an eye-popping rally reminiscent of the pandemic-era meme stock craze.
Fani Willis, the Atlanta-area district attorney investigating former President Donald Trump, and the local sheriff have received “dozens” of threats in recent months, the sheriff said Tuesday.
