Finance

Private Equity

Private Equity Firms to Commit $12 Billion for NFL Team Stakes After League Vote

Photo by Sandro Schuh via Unsplash

As the price of franchises soar, shrinking the pool of would-be acquirers, NFL owners are rethinking their aversion to private equity.

2 min read

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Banking

The EU Wants to Make Its Bankers More Fireable

The German government is planning to make it easier for companies in the financial sector to fire high-earning employees.

1 min read
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Energy

US Coal Miners Arch and Consol to Combine Into $5.2 Billion Giant

Arch Resources and Consol Energy announced plans for a merger to create a new $5.2 billion coal giant called Core Natural Resources.

1 min read
Photo by NoeHill via CC BY-SA 3.0

Banking

Wells Fargo Sells Most of Its Commercial Real Estate Servicing Business

Wells Fargo said Tuesday that it will sell most of its commercial mortgage servicing business to Trimont, a global loan services provider.

1 min read

Regulation

Carl Icahn Settles SEC Charges He Hid Billions in Loans Backed by Company Stock

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Famed activist investor Carl Icahn agreed to pay $500,000, and his Icahn Enterprises $1.5 million, to settle civil charges from the SEC.

1 min read

Banking

UBS Quarterly Profit Doubles Market Forecast

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UBS appears to have regained its form, reporting $1.1 billion in net income for the second quarter, doubling analyst estimates.

2 min read

Markets

Proposed Nasdaq Rules Would Clamp Down on Risky Penny Stocks

Photo by Ajay Suresh via CC BY 2.0

After months of criticism for listing over 400 penny stocks, Nasdaq is proposing tightened rules to crack down.

1 min read

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