Banks sell them to loan mutual funds, or they slice-and-dice them into structured Collateralized Loan Obligations (CLOs in short) and sell them to institutional investors.
According to media, President Trump announced last week that he plans to impose 25 percent tariffs on imported steel and 10 percent on imported aluminum.
Workers, innovation, and productivity all suffer when corporations spend their new U.S. tax breaks on stock buybacks.
Just last week, the SEC confounded these expectations, by asking sponsors to withdraw proposals to offer ETFs based on bitcoin futures.
Actual voting data seems to confirm the study; many shareholders are coming off the sidelines on environmental and social shareholder proposals.
Artificial intelligence (AI) is useful for optimally controlling an existing system, one with clearly understood risks. It excels at pattern matching and control mechanisms.
The article also touted infrastructure as a new growth area. But as we’ve written, infrastructure deals are getting a deserved bad name in the US.
These were not top-tier b-school alum; they were writers, computer programmers, online forum moderators and ended up owing a fortune.
Since then, the reports from the Uber side as to where SoftBank stands have kept shifting, and its allies can’t keep their story straight.
Gymboree’s June bankruptcy filing occurred days after it couldn’t make a semiannual interest payment on debt dating back to Bain Capital’s $1.8 billion 2010 buyout.