Slowly but surely, investment bankers from New York to London are chipping away at the tens of billions of dollars in leveraged buyout debt that remains famously stuck on their balance sheets.
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Apollo Global Management Inc. and former SoftBank Group Corp. executive Marcelo Claure are in talks to acquire Millicom International Cellular SA, the Latin American telecommunications firm said in a statement Wednesday.
Israeli Prime Minister Benjamin Netanyahu said concerns over his plan to rein in the judiciary are misguided, as the move will cut unnecessary regulation and make the country a more attractive place to invest.
Donald Trump adviser Steve Bannon was ordered to testify under oath in a long-running sex-discrimination lawsuit against the former president’s 2016 campaign by a former staffer, who claims she was harassed by a male colleague who got angry when she was promoted.
Robert L. Johnson, co-founder of BET and the first Black billionaire in the US, says few Black workers and entrepreneurs are reaping the benefits of the billions of dollars companies pledged following 2020’s Black Lives Matter protests.
The US will send Ukraine 31 of its M1 Abrams battle tanks, adding to a German commitment to supply some of its top-line armor and infusing the country with a major new capability as it looks to pry Russian forces from the east.
Wall Street firms that help issue asset-backed securities wouldn’t be able to bet against those products under a plan from the US Securities and Exchange Commission.
A decision about whether to prosecute isn’t always straight forward.
Switzerland will allow demining equipment made in the country to be used in Ukraine in some cases, in another sign it’s moving away from its traditional neutral stance.
