The creators of South Park are in discussions with Carlyle Group Inc. for a private loan totaling around $800 million that would be used to refinance an existing credit facility and fund a cash payout, according to people with knowledge of the matter.
UK Prime Minister Rishi Sunak is about to begin a two-day trip to Israel and the wider region, part of a procession of foreign leaders who have made a personal effort to prevent the conflict from widening.
Axel Capital Management’s Anna Nikolayevsky said she likes chipmaker Micron Technology Inc., saying it benefits from government subsidies and is considered strategic by the US.
Goldman Sachs Group Inc. and Bank of New York Mellon Corp. sold a combined $6 billion of investment-grade bonds on Wednesday, joining other Wall Street stalwarts selling debt post-earnings even as borrowing costs rise.
Several Republicans are preparing to enter the race for US House speaker as Trump loyalist Jim Jordan’s bid unravels amid objections to his hardball tactics and deep divisions within the party.
Seafood restaurant chain Red Lobster Management LLC brought in AlixPartners for operational advice as it seeks to address mounting losses, according to people with knowledge of the situation.
Delta Air Lines Inc. is rolling back some of the widespread and unpopular changes to its SkyMiles loyalty program, trimming the increase in requirements for various status levels and adding access to its airport lounges. But the shift to using cash spent, not miles flown, in calculating rewards remains in place.
Alcoa Corp. the largest US aluminum producer, said it initiated job cuts at an Australian alumina refinery amid a glut of the raw material, which is used to make aluminum.
Zions Bancorp slumped after the regional lender reported soaring deposit costs, as elevated interest rates force banks to pay up for customer funds.
Lam Research Corp. fell as much as 3.8% in late trading after revenue fell for a third straight quarter, a sign demand for chipmaking equipment remains sluggish.
