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6h
Washington Post
Weather Channel pulling plug on ‘Wake Up With Al'; Vivian Brown leaves networkThe Weather Channel (TWC) is cancelling its morning show featuring the jovial a
Weather Channel pulling plug on ‘Wake Up With Al'; Vivian Brown leaves network
Washington Post / Posted 6 hours ago
The Weather Channel (TWC) is cancelling its morning show featuring the jovial and popular Al Roker. “Wake up with Al”, which airs from 5 to 7 a.m. eastern, will be discontinued some time this month. The decision to ax the show was a financial one... Read more
14h
Yale Daily News
Schwarzman committee seeks student inputWith little fanfare, the blue plaque that labeled the building on the corner of
Schwarzman committee seeks student input
Yale Daily News / Posted 14 hours ago
With little fanfare, the blue plaque that labeled the building on the corner of Grove and College streets as “Commons” was replaced this summer by another sign reading “Schwarzman Center.” But administrators are planning far more publicity for the... Read more
14h
AllAfrica.com
Dangote Meets Mugabe On Investment ApprovalBy Favour Nnabugwu With Agency Report Nigeria's billionaire, AlhajiAliko Dango
Dangote Meets Mugabe On Investment Approval
AllAfrica.com / Posted 14 hours ago
By Favour Nnabugwu With Agency Report Nigeria's billionaire, AlhajiAliko Dangote has met with the Zimbabwean President Robert Mugabe on the need to speed up the necessary approval for his investment in power, mining and cement industries in the... Read more
13 related stories
1d
iol.co.za
Dangote keen to invest in ZimHarare - Aliko Dangote, Africa’s richest man, is considering investments in Zim
Dangote keen to invest in Zim
iol.co.za / Posted yesterday
Harare - Aliko Dangote, Africa’s richest man, is considering investments in Zimbabwe’s cement, power generation and coal-mining industries as part of an expansion in the southern African nation. Dangote Cement may start building a $400 million, 1.5... Read more
13 related stories
2d
Investopedia
The Biggest Private Equity Firms in San Francisco (KKR,BX)There are a number of prominent private equity firms located in San Francisco d
The Biggest Private Equity Firms in San Francisco (KKR,BX)
Investopedia / Posted 2 days ago
There are a number of prominent private equity firms located in San Francisco due in part to its proximity to Silicon Valley, the heart of the tech industry in the United States. Google, Apple, Facebook and Yahoo have their headquarters in Silicon... Read more
2d
GlobeSt.com
REIT M&A: Much Since 2000, Much More AheadThere are efficiencies to be gained," says Rose. NEW YORK CITY�As part of our
REIT M&A: Much Since 2000, Much More Ahead
GlobeSt.com / Posted 2 days ago
There are efficiencies to be gained," says Rose. NEW YORK CITY�As part of our 15th-anniversary celebration, the editors of GlobeSt.com sounded out the members of advisory board for their thoughts on the moments that have defined commercial real... Read more
5d
Investopedia
Career Choice: Bulge Bracket Vs. Boutique BankAspiring investment bankers can work in one of two types of investment banks: b
Career Choice: Bulge Bracket Vs. Boutique Bank
Investopedia / Posted 5 days ago
Aspiring investment bankers can work in one of two types of investment banks: bulge bracket or boutique. Bulge bracket banks are multinational brand-name banks that regularly handle billion-dollar transactions and employ thousands of people in... Read more
5d
Reuters UK Edition
Wells Fargo front-runner to buy GE's railcar financing unitA Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, Febru
Wells Fargo front-runner to buy GE's railcar financing unit
Reuters UK Edition / Posted 5 days ago
A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, February 10, 2015. A deal to buy the business, which has more than $4 billion in assets, could be announced by the Sept. 7 U.S. Labor Day holiday, Bloomberg said, citing... Read more
5d
Reuters
Wells Fargo front-runner to buy GE's railcar financing unitA Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, Febru
Wells Fargo front-runner to buy GE's railcar financing unit
Reuters / Posted 5 days ago
A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, February 10, 2015. A deal to buy the business, which has more than $4 billion in assets, could be announced by the Sept. 7 U.S. Labor Day holiday, Bloomberg said, citing... Read more
6d
Market Watch
Michaels swings to profit, raises sales outlookMichaels Cos. on Thursday raised its earnings guidance for the year as its sale
Michaels swings to profit, raises sales outlook
Market Watch / Posted 6 days ago
Michaels Cos. on Thursday raised its earnings guidance for the year as its sales increased 3.8% in the second quarter. The arts-and-crafts retailer now expects earnings of $1.66 to $1.72 a share, up one cent from its previous view. For the current... Read more
7d
Chicago Tribune
Judge clears path for sale of troubled film studio Relativity MediaAt a hearing Tuesday in Manhattan, Judge Michael Wiles approved the auction sch
Judge clears path for sale of troubled film studio Relativity Media
Chicago Tribune / Posted 7 days ago
At a hearing Tuesday in Manhattan, Judge Michael Wiles approved the auction schedule proposed by the company to finalize a sale in October. Wiles also gave the go-ahead for $49.5 million in debtor-in-possession financing to keep the studio running as... Read more
7d
Los Angeles Times
Judge clears path for sale of troubled film studio Relativity MediaAt a hearing Tuesday in Manhattan, Judge Michael Wiles approved the auction sch
Judge clears path for sale of troubled film studio Relativity Media
Los Angeles Times / Posted 7 days ago
At a hearing Tuesday in Manhattan, Judge Michael Wiles approved the auction schedule proposed by the company to finalize a sale in October. Wiles also gave the go-ahead for $49.5 million in debtor-in-possession financing to keep the studio running as... Read more
7d
International Business Times
German payment processor Wirecard bidding £6bn for British rival Worldpay German payments processor Wirecard has joined other bidders, looking to acquire
German payment processor Wirecard bidding £6bn for British rival Worldpay
International Business Times / Posted 7 days ago
German payments processor Wirecard has joined other bidders, looking to acquire UK-based payment gateway provider Worldpay. Wirecard values Worldpay, which is owned by Advent International Corp and Bain Capital, at about £6bn (€8.2bn,... Read more
7d
Reuters
U.S. 'deficit hawks' keep up fight despite fading interestWASHINGTON As the U.S. government's budget deficit has declined, so has anxiety
U.S. 'deficit hawks' keep up fight despite fading interest
Reuters / Posted 7 days ago
WASHINGTON As the U.S. government's budget deficit has declined, so has anxiety about it in Congress and on the presidential campaign trail, but one family and the Washington "deficit hawk" community it bankrolls are unfazed. Among the capital's... Read more
5 related stories
7d
Zero Hedge
So This Is Why The "Smart Money" Was Selling The Most Stocks In HistoryPrecisely two months ago, we reported something very troubling, namely that "Th
So This Is Why The "Smart Money" Was Selling The Most Stocks In History
Zero Hedge / Posted 7 days ago
Precisely two months ago, we reported something very troubling, namely that "The "Smart Money" Just Sold The Most Stocks In History." This is what BofA reported at the time: "BofAML clients were big net sellers of US stocks in the amount of $4.1bn,... Read more
7d
Reuters UK Edition
German payments company Wirecard to bid for WorldpayGerman payments company Wirecard AG has joined the bidding for British rival Wo
German payments company Wirecard to bid for Worldpay
Reuters UK Edition / Posted 7 days ago
German payments company Wirecard AG has joined the bidding for British rival Worldpay Ltd, Bloomberg reported. Other suitors for Worldpay are U.S. private equity firm Blackstone Group LP and buyout firm Hellman & Friedman. Worldpay is also... Read more
8d
Arkansas Democrat-Gazette
Business news in briefLR outlet mall begins naming tenants Outlets of Little Rock made its first rou
Business news in brief
Arkansas Democrat-Gazette / Posted 8 days ago
LR outlet mall begins naming tenants Outlets of Little Rock made its first round of official store announcements Monday. The 325,000-square-foot open-air shopping center at Interstate 30 and 430 is scheduled to open Oct. 16 and will include... Read more
9 related stories
9d
Finance and Commerce
BlackRock to finance rental-home investorsBlackRock Inc. is the latest company planning to finance investors who buy sing
BlackRock to finance rental-home investors
Finance and Commerce / Posted 9 days ago
BlackRock Inc. is the latest company planning to finance investors who buy single-family homes, capitalizing on soaring rental demand as the U.S. homeownership rate sits at a five-decade low. BlackRock, the world’s largest money manager, will buy... Read more
9d
Crain's New York Business
Owners of 5 Bryant Park resurrect and display 1950s mosaic muralA construction worker continues work on a door framed by a hand-cut glass tile
Owners of 5 Bryant Park resurrect and display 1950s mosaic mural
Crain's New York Business / Posted 9 days ago
A construction worker continues work on a door framed by a hand-cut glass tile mural created by artist Max Spivak. A recently uncovered 1950s mural adorning the entrance facade of a Manhattan office tower has been restored and is again visible to... Read more
9d
Market Watch
Ukraine nears deal on debt restructuringUkraine's government is nearing a restructuring deal with its creditors that wo
Ukraine nears deal on debt restructuring
Market Watch / Posted 9 days ago
Ukraine's government is nearing a restructuring deal with its creditors that would call for a 20% reduction in the value of the country's bonds, marking a possible breakthrough in negotiations that have been deadlocked for months, according to people... Read more
9d
GlobeSt.com
Cap Rates Approach Stability: CBREChris Ludeman, global president of CBRE Capital Markets. The firm expects cap r
Cap Rates Approach Stability: CBRE
GlobeSt.com / Posted 9 days ago
Chris Ludeman, global president of CBRE Capital Markets. The firm expects cap rates to stabilize in most markets. LOS ANGELES�Cap rates continued narrowing across key markets and property types in the first half of this year, according to CBRE�s... Read more
11d
Orlando Sentinel
SeaWorld boosts lobbying, campaign spending as it seeks political cloutAs it faces controversy and calls for tougher industry regulation, SeaWorld Ent
SeaWorld boosts lobbying, campaign spending as it seeks political clout
Orlando Sentinel / Posted 11 days ago
As it faces controversy and calls for tougher industry regulation, SeaWorld Entertainment Inc. has been trying to boost its political influence. SeaWorld spent almost half a million dollars on federal lobbying from January to June — 68 percent more... Read more
5 related stories
12d
Orange County Business Journal
Stearns to Sell Majority Stake to BlackstoneSanta Ana-based mortgage lender Stearns Holdings LLC has agreed to sell a major
Stearns to Sell Majority Stake to Blackstone
Orange County Business Journal / Posted 12 days ago
Santa Ana-based mortgage lender Stearns Holdings LLC has agreed to sell a majority stake to the Blackstone Group LP, a global asset manager in New York. Financial terms of the deal and details on the percentage of ownership sold weren’t... Read more
12d
Crain's New York Business
Owners of 5 Bryant Park resurrect 1950s mosaic mural, put it on displayA construction worker continues work on a door framed by a hand-cut glass tile
Owners of 5 Bryant Park resurrect 1950s mosaic mural, put it on display
Crain's New York Business / Posted 12 days ago
A construction worker continues work on a door framed by a hand-cut glass tile mural created by artist Max Spivak. A recently uncovered 1950s mural adorning the entrance facade of a Manhattan office tower has been restored and is again visible to... Read more
12d
Crain's New York Business
Owners of 5 Bryant Park resurrect 1950s mosaic mural, put it on displayA recently uncovered 1950s mural adorning the entrance facade of a Manhattan of
Owners of 5 Bryant Park resurrect 1950s mosaic mural, put it on display
Crain's New York Business / Posted 12 days ago
A recently uncovered 1950s mural adorning the entrance facade of a Manhattan office tower has been restored and is again visible to the public. The hand-cut glass tile mural was created by noted mosaic artist Max Spivak in 1958 for the 34-story... Read more
12d
Computer Business Review
Google and Amazon race to buy $700m Tata data centresDC business sale could help reduce the company’s $1.4bn debt. The companies ar
Google and Amazon race to buy $700m Tata data centres
Computer Business Review / Posted 12 days ago
DC business sale could help reduce the company’s $1.4bn debt. The companies are looking to acquire the firm's 44 data centres in a transaction expected to reach $650 million to $700 million, according to The Economic Times. CBR first reported Tata... Read more
13d
KPLR 11 St. Louis
Weather Channel's future clouded by sales talkNEW YORK (CNNMoney) — Seven years after buying The Weather Channel, NBCUniversa
Weather Channel's future clouded by sales talk
KPLR 11 St. Louis / Posted 13 days ago
NEW YORK (CNNMoney) — Seven years after buying The Weather Channel, NBCUniversal and its private equity partners are getting more serious about possibly cashing out. Two banks, Morgan Stanley and PJT Partners, are working with the channel’s owners... Read more
2 related stories
13d
FOX 2 News St. Louis
Weather Channel's future clouded by sales talkNEW YORK (CNNMoney) — Seven years after buying The Weather Channel, NBCUniversa
Weather Channel's future clouded by sales talk
FOX 2 News St. Louis / Posted 13 days ago
NEW YORK (CNNMoney) — Seven years after buying The Weather Channel, NBCUniversal and its private equity partners are getting more serious about possibly cashing out. Two banks, Morgan Stanley and PJT Partners, are working with the channel’s owners... Read more
2 related stories
13d
Business Insider
10 things you need to know before the opening bellKazakhstan's tenge crashed. Kazakhstan removed the dollar peg of its currency,
10 things you need to know before the opening bell
Business Insider / Posted 13 days ago
Kazakhstan's tenge crashed. Kazakhstan removed the dollar peg of its currency, the tenge, allowing the market to set the price as its economy reels from the weakness in oil prices. "The head of state stressed that due to the new economic reality it... Read more
13d
Market Watch
Weather Channel's owners explore a saleThe owners of the Weather Channel have held talks with tech and media companies
Weather Channel's owners explore a sale
Market Watch / Posted 13 days ago
The owners of the Weather Channel have held talks with tech and media companies about selling the cable network and digital juggernaut, according to reports late Wednesday by Bloomberg and CNNMoney. The reports said the owners -- Comcast's [s:CMCSA]... Read more
2 related stories
13d
Zero Hedge
US Plans Dramatic Increase In Global Lethal & Surveillance Drone Flights By 2019Yo, yo, O-dood in the White House. When the eff are you going to release those
US Plans Dramatic Increase In Global Lethal & Surveillance Drone Flights By 2019
Zero Hedge / Posted 13 days ago
Yo, yo, O-dood in the White House. When the eff are you going to release those 28 redacted pages from the 9/11 Commission Report, those very same pages that spineless congressmen have now perused and were shocked . . .shocked . . .shocked, and said... Read more
14d
Reuters
Airbnb partners with China Broadband, Sequoia to expand in ChinaBrian Chesky, Chief Executive Officer of Airbnb smiles during a session at the
Airbnb partners with China Broadband, Sequoia to expand in China
Reuters / Posted 14 days ago
Brian Chesky, Chief Executive Officer of Airbnb smiles during a session at the annual meeting of the World Economic Forum (WEF) in Davos January 23, 2014. Online home-rental marketplace Airbnb Inc said on Tuesday it was partnering with investment... Read more
4 related stories
14d
Channel NewsAsia
Airbnb partners with China Broadband, Sequoia to expand in ChinaREUTERS: Online home-rental marketplace Airbnb Inc said on Tuesday it was partn
Airbnb partners with China Broadband, Sequoia to expand in China
Channel NewsAsia / Posted 14 days ago
REUTERS: Online home-rental marketplace Airbnb Inc said on Tuesday it was partnering with investment firms China Broadband Capital and Sequoia China to expand into the Chinese market and find a chief executive for its operations in the country. The... Read more
4 related stories
14d
Reuters UK Edition
Airbnb partners with China Broadband, Sequoia to expand in ChinaBrian Chesky, Chief Executive Officer of Airbnb smiles during a session at the
Airbnb partners with China Broadband, Sequoia to expand in China
Reuters UK Edition / Posted 14 days ago
Brian Chesky, Chief Executive Officer of Airbnb smiles during a session at the annual meeting of the World Economic Forum (WEF) in Davos January 23, 2014. Online home-rental marketplace Airbnb Inc said on Tuesday it was partnering with investment... Read more
4 related stories
16d
TheStreet.com
5 Real-Estate Investments for Higher ReturnsNEW YORK (TheStreet) -- The stock market is high. Bond yields are low. You own
5 Real-Estate Investments for Higher Returns
TheStreet.com / Posted 16 days ago
NEW YORK (TheStreet) -- The stock market is high. Bond yields are low. You own a home and have plenty of savings. So where should you invest any extra money? Consider what the smart money -- private-equity funds -- has been investing in, quite... Read more
17d
Los Angeles Times
An 'unlimited' parental leave policy sounds great, but will it work?In the race to load up tech industry employees with generous perks, Netflix jus
An 'unlimited' parental leave policy sounds great, but will it work?
Los Angeles Times / Posted 17 days ago
In the race to load up tech industry employees with generous perks, Netflix just made a quantum leap ahead of most everyone else. The company recently announced in a blog post that it was introducing an expanded maternity and paternity leave policy,... Read more
18d
Market Watch
KKR's Samson Resources to file for bankruptcyKKR & Co.'s Samson Resources Corp. plans to file for chapter 11 bankruptcy prot
KKR's Samson Resources to file for bankruptcy
Market Watch / Posted 18 days ago
KKR & Co.'s Samson Resources Corp. plans to file for chapter 11 bankruptcy protection by mid-September after finalizing a restructuring plan with key lenders Friday. The filing would represent the biggest corporate casualty yet of a slump in oil and... Read more
3 related stories
19d
Philly.com
SunGard's 10-year squeezeSix wealthy corporate buyout firms -- Silver Lake Management, Bain Capital, Bla
SunGard's 10-year squeeze
Philly.com / Posted 19 days ago
Six wealthy corporate buyout firms -- Silver Lake Management, Bain Capital, Blackstone Group LP, Goldman Sachs Group, KKR, Providence Equity Partners, TPG Capital -- and senior managers paid $11 billion (including about $3.6 billion in equity, the... Read more
6 related stories
19d
GlobeSt.com
Report: Blackstone to Sell Two Boston Buildings500 Boylston St., Boston BOSTON�The Blackstone Group, LP has reportedly agreed
Report: Blackstone to Sell Two Boston Buildings
GlobeSt.com / Posted 19 days ago
500 Boylston St., Boston BOSTON�The Blackstone Group, LP has reportedly agreed to sell the 500 Boylston St. and 222 Berkeley St. office buildings in a deal valued at approximately $1.3 billion. The buildings, located on the same block in Boston�s... Read more
19d
The Star
US shale firms turn to private equity as market funding tails offHOUSTON: A renewed slide in crude prices is having the effect US energy sector
US shale firms turn to private equity as market funding tails off
The Star / Posted 19 days ago
HOUSTON: A renewed slide in crude prices is having the effect US energy sector dealmakers and private equity managers have been looking for: oil companies are now returning calls from potential buyers. Throughout much of the crude market rout that... Read more
3 related stories
19d
Reuters UK Edition
U.S. shale firms turn to private equity as market funding tails offA pumpjack brings oil to the surface in the Monterey Shale, California, April 2
U.S. shale firms turn to private equity as market funding tails off
Reuters UK Edition / Posted 19 days ago
A pumpjack brings oil to the surface in the Monterey Shale, California, April 29, 2013. HOUSTON A renewed slide in crude prices is having the effect U.S. energy sector dealmakers and private equity managers have been looking for: oil companies are... Read more
3 related stories
19d
Reuters
U.S. shale firms turn to private equity as market funding tails offA pumpjack brings oil to the surface in the Monterey Shale, California, April 2
U.S. shale firms turn to private equity as market funding tails off
Reuters / Posted 19 days ago
A pumpjack brings oil to the surface in the Monterey Shale, California, April 29, 2013. HOUSTON A renewed slide in crude prices is having the effect U.S. energy sector dealmakers and private equity managers have been looking for: oil companies are... Read more
3 related stories
19d
Boston Herald
The TickerBack Bay office towers sold Blackstone Group LP agreed to sell two office buil
The Ticker
Boston Herald / Posted 19 days ago
Back Bay office towers sold Blackstone Group LP agreed to sell two office buildings in Boston for about $1.3 billion to a unit of JPMorgan Chase & Co. and Oxford Properties Group, according to two people with knowledge of the contract. The... Read more
20d
Crain's New York Business
Blackstone agreed to sell two Boston office buildings for $1.3 billionBlackstone Group is selling two Boston office buildings. Blackstone Group agre
Blackstone agreed to sell two Boston office buildings for $1.3 billion
Crain's New York Business / Posted 20 days ago
Blackstone Group is selling two Boston office buildings. Blackstone Group agreed to sell two office buildings in Boston for about $1.3 billion to a unit of JPMorgan Chase & Co. and Oxford Properties Group, according to two people with knowledge of... Read more
20d
TheStreet.com
FIS (FIS) to Purchase Financial Software Maker SunGard for $9.1 BillionFIS announced Wednesday that it has agreed to acquire the PE-backed Wayne, Pa.-
FIS (FIS) to Purchase Financial Software Maker SunGard for $9.1 Billion
TheStreet.com / Posted 20 days ago
FIS announced Wednesday that it has agreed to acquire the PE-backed Wayne, Pa.-based financial technology vendor for $9.1 billion in cash and stock. The deal, which includes debt, is expected to close during the fourth quarter. Shares of... Read more
6 related stories
20d
FOX Business
How the 1 Percent Works OutWhen it comes to making big boardroom decisions, most executives like to take t
How the 1 Percent Works Out
FOX Business / Posted 20 days ago
When it comes to making big boardroom decisions, most executives like to take their time but when it comes time to hit the gym-- it’s a whole different story. They want it quick and intense according to their trainers. “CEOs and top executives come... Read more
20d
The Fremont Argus
Hewlett Packard names board members for post-split companiesHewlett-Packard named the board members of its post-split companies, with the n
Hewlett Packard names board members for post-split companies
The Fremont Argus / Posted 20 days ago
Hewlett-Packard named the board members of its post-split companies, with the new business enterprise company drawing almost two-thirds of its directors from the existing board, and the personal computer and printer business bringing in more new... Read more
4 related stories
20d
Silicon Valley
Hewlett Packard names board members for post-split companiesHewlett-Packard named the board members of its post-split companies, with the n
Hewlett Packard names board members for post-split companies
Silicon Valley / Posted 20 days ago
Hewlett-Packard named the board members of its post-split companies, with the new business enterprise company drawing almost two-thirds of its directors from the existing board, and the personal computer and printer business bringing in more new... Read more
4 related stories
21d
Business Standard India
GE to sell health care finance business to Capital One for $9 bnDeal to help GE achieve its target of shedding about $100 billion worth of fina
GE to sell health care finance business to Capital One for $9 bn
Business Standard India / Posted 21 days ago
Deal to help GE achieve its target of shedding about $100 billion worth of finance assets this yearDeal to help GE achieve its target of shedding about $100 billion worth of finance... Read more
26 related stories
21d
Salon.com
The 1 percent’s sinister inequality lie: How cold-blooded billionaires are pretending to care about the American dreamOne of the more interesting sub-plots of this election season is the newfound
The 1 percent’s sinister inequality lie: How cold-blooded billionaires are pretending to care about the American dream
Salon.com / Posted 21 days ago
One of the more interesting sub-plots of this election season is the newfound interest in income inequality among the billionaire class. It seems odd, wouldn’t you say, that they would be suddenly struck by the idea that such drastic disparities in... Read more
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