PE firm KKR acquires $373 million portfolio of Synovus Bank's prime auto loans
Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans
2023-08-09 05:57
WeWork says it has 'substantial doubt' about its ability to stay in business
"Substantial doubt exists" about WeWork's ability to continue to stay in business, due to the company's losses, projected cash needs, and increased member turnover, according to the company's second quarter earnings release.
2023-08-09 05:55
Marketmind: China seen sliding into deflation
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-09 05:48
Disney's ESPN inks $2 billion deal with Penn to launch sports betting business
Walt Disney's ESPN and casino-owner Penn Entertainment have agreed to jointly launch a sports betting business under the
2023-08-09 05:24
Lyft Shares Slide After Posting Slowest Growth Since Pandemic
Lyft Inc. shares fell after the company reported its slowest revenue growth in two years, overshadowing a better-than-expected
2023-08-09 05:23
Tilray to Buy Eight Beverage Brands for $85 Million From AB InBev
Tilray Brands Inc. shares jumped the most since February 2021 after the cannabis and consumer packaged goods company
2023-08-09 04:20
Wall Street WhatsApp, Texting Fines Exceed $2.5 Billion
Wells Fargo & Co. and BNP Paribas SA are among firms that will pay hundreds of millions of
2023-08-09 03:57
Lula Enlists Neighbors in Brazil’s Battle to Save the Amazon
The leaders of South America’s Amazon nations gathered in Brazil on Tuesday as President Luiz Inacio Lula da
2023-08-09 03:50
Ex-FTX Executive Salame Talking to Prosecutors About Plea Deal
Ryan Salame, the former co-chief executive of FTX Digital Markets, is in negotiations with federal prosecutors to plead
2023-08-09 03:24
KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial
2023-08-09 02:58
UPS driver pay deal in US to be worth $170,000 a year, firm says
The shipping giant warns of lower profits after it agreed a deal to avert a US drivers' strike.
2023-08-09 02:55
Software Maker Alteryx’s 23% Drop Prompts Bullish Options Bets
Alteryx Inc.’s plunge on Tuesday to a five-year low spurred a wave of options wagers that the software
2023-08-09 02:54