S.&.P. Announces $1.37 Billion Settlement With Prosecutors
Standard & Poorâs, a rating agency accused of inflating its assessment of mortgage investments that spurred the 2008 financial crisis, also signed a statement of facts that outlined its role in...
View ArticleStaples Is Said to Be in Talks to Buy Office Depot
Pressure for the combination has come from the activist hedge fund Starboard Value, which has called on both companies to merge to better compete against the likes of Walmart and Amazon.
View ArticleApparent Discount Mars $41 Billion Spectrum Sale
A 25 percent âsmall businessâ discount claimed by Dish Network is helping the pay-TV company add to its unused stockpile and outbid rival operators that badly need capacity, contends Robert Cyran...
View ArticleBrokerage Firms Most Worried About Hackers and Rogue Employees, Finra Report...
The Finra report recommended that all brokerage firms assess their security as well as review the safeguards put in place by their vendors, after finding that a small minority of firms are not yet...
View ArticleObamaâs Budget Proposal Would Create an International Minimum Tax for...
President Obamaâs proposal to tax foreign earnings trapped overseas is best thought of as a jobs-friendly international minimum tax, writes Victor Fleischer in the Standard Deduction column.
View ArticleJapan Post Offers $5.1 Billion for Australian Package Delivery Company
The acquisition is the biggest ever for the Japanese postal service, Japan Post Holdings, and marks an ambitious new push into overseas markets.
View ArticleAltice Offers $4.4 Billion for Vivendiâs Stake in Numericable-SFR
The offer by Altice to buy Vivendi's 20 percent stake comes nearly three months after the French media group completed the sale of its former mobile unit, SFR, to Numericable.
View ArticleCrédit Agricole Earnings Beat Expectations
The large French bank said it had worked over the year to increase its financial strength, partly by reinvesting dividends and accumulated earnings.
View ArticleSwiss Prosecutors Search Offices of HSBC Unit
The investigation by the Geneva prosecutorâs office comes amid recent media reports about the HSBC unit's previous efforts to help wealthy clients seeking to avoid taxes.
View ArticleTesco, Britainâs Largest Retailer, Names John Allan as Chairman
The appointment comes at a critical juncture for the company, which had been mired in investigations after an overstatement of profit of more than $400 million.
View ArticleMorning Agenda: Snapchat Reaches for $19 Billion Valuation
Snapchat is said to be raising financing that could value the company at up to $19 billion. | Hedge funds are tiptoeing back into the energy sector. | Greek bailout talks drag on.
View ArticleA Call for Law Firms to Go Public
In a law review article, a founder of a major litigation finance company says law firms should abandon the partnership structure.
View Article8 Tax Loopholes the Obama Administration Could Close
The Treasury Department has the legal authority to close some tax loopholes that Congress did not intend, writes Victor Fleischer in the Standard Deduction column.
View ArticleJapan Post Paying a Rich Price to Show Global Expansion
But the acquisition of Toll Holdings will help spruce up Japan Postâs upcoming initial public offering â and fuel further deal-making, says Peter Thal Larsen of Reuters Breakingviews.
View ArticleU.S. Announces Third Bitcoin Auction
The U.S. Marshals Service will auction 50,000 Bitcoins seized in connection with the online marketplace Silk Road.
View ArticleFacing Demand, Uber Expands Funding Round by $1 Billion
Investors just can't get enough of Uber, the ride-hailing service, so the company has expanded the capacity for its latest funding round to $2.8 billion.
View ArticleA Boom in Private Equityâs Secondary Market
Secondary sales of stakes in private equity, venture capital and real estate funds totaled $47 billion in 2014, roughly 80 percent more than in 2013, research by the investment bank Evercore found.
View ArticleWomen and Minorities Make Slight Gains at Law Firms
The percentage of associates at law firms who are women rose to just less than 45 percent in 2014, according to the National Association for Law Placement, while the percentage who are minorities...
View ArticleTwo Deals Bring Attention to Bankingâs Safra Family
The Safra Group, headed by Joseph Safra, recently bought Chiquita Brands International, the fruit company, and the London office tower known as the Gherkin.
View ArticleVice Media Chief Said to Pay $300,000 for Dinner for 30
Shane Smith is said to have bought the meal during the International CES trade show in Las Vegas.
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