Private Equity
First Read begins the day with news that the closure of Payless stores will result in about 16,000 people losing their jobs, Democratic presidential candidate Elizabeth Warren is proposing universal child care funded by a wealth tax, and Google claims that Nest Secure's built-in mic was never supposed to be a secret.
1 min read · 20 February 2019
4 min read · 20 February 2019
2 min read · 19 February 2019
2 min read · 19 February 2019
2 min read · 19 February 2019
In Second Opinion, Google acquires cloud migration platform Alooma, Walmart stock surges after the company reports its best holiday quarter in years and Senator Bernie Sanders, the 2016 Democratic primary runner-up, joins the 2020 presidential race.
1 min read · 19 February 2019
Some 14% of global professionals expect private equity activity to deteriorate over the next 12 months, compared with only 1% last year, according to S&P Global Market Intelligence.
2 min read · 19 February 2019
First Read begins the day with news that student loan company Navient has rejected a $3.2 billion takeover bid from Canyon Capital and Platinum Equity, Netflix cancels its last two Marvel shows, and Payless ShoeSource filed for voluntary Chapter 11 bankruptcy protection again.
1 min read · 19 February 2019
3 min read · 19 February 2019
In Second Opinion, Key investors are reportedly unhappy with Softbank's tech investment fund, officials say Grand Canyon tourists have been exposed to radiation for years and Payless is closing all of its U.S. stores.
1 min read · 18 February 2019