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...The saga is a window into the vagaries of private-company dealmaking, and how esoteric financial accounting can be weaponised by a canny counterparty....
...The FT’s Wall Street editor Sujeet Indap explains how the deal went off the rails, and how the supermarket’s owners might end up paying millions of dollars to sell their company....
...The design of O’Neill’s home is a mix of Taoist nods — with a meandering front path, door and shutters painted red for luck, (mistranslated) Chinese characters on the gate — and rambling, Spanish-California...
...The Carmel Beach Hotel, operated by Mirabel, the hotel-restaurant company owned by local David Fink, has taken over Colonial Terrace at the corner of 13th and San Antonio (a serendipitous location: San Antonio...
...Is Napa Valley quantitatively important to California wine? Absolutely not. The volume of wine it produces is just four per cent of the total. But in terms of image and prestige, it is vital....
...In reality, Microsoft is the company showing the most tangible proof of AI revenue generation from hefty investments....
...“The settlement reflects [our] desire to avoid the distraction related to protracted litigation in this case,” said the company....
...Blackstone owes the University of California twice as much as it did last quarter as part of a complex transaction to shore up its flagship real estate fund....
...California is the biggest delegate prize in the presidential primary, with 424 Democratic delegates – nearly one-third of the total at stake on Super Tuesday....
...Ithaca Energy has agreed a deal to acquire almost all of Eni’s UK oil and gasfields in a transaction worth about £750mn that will turn the London-listed company into one of the North Sea’s largest producers...
...These investors, however, have very little say in the running of the companies contained in their funds, unlike direct shareholders....
...The most closely watched race in California is to fill the US Senate seat vacated by the death of Democrat Dianne Feinstein....
...His claim against UTA has no merit and is an attempt to divert attention from the misappropriation of company funds that led to his termination.”...
...It was a busy, buzzy Friday night at Notting Hill’s Coronet Theatre, where the 30-artist, 16-day Taiwan Festival was entering its second week with Taipei’s Hung Dance company....
...At the turn of the millennium, the golden age of apathy, of 60 per cent voter turnout, casual political chat was rare, because it was considered naff. It is now ambient....
...“Continuing regulatory challenges” would contribute to a non-cash charge of $3.5bn-$4bn, the oil company said, reflecting a writedown in the value of its US upstream oil and gas assets, primarily in California...
...This may explain the compression in private equity’s outperformance that is already evident; see the chart below from Bain & Company’s Global Private Equity report (while remembering that internal rates...
...Pranab BardhanDistinguished Professor Emeritus of Economics, University of California Berkeley, CA, US...
...Christie’s brings some Los Angeles warmth to a wintry London this week where it will show its star consignment for March: David Hockney’s “California” (1965), estimated at around £16mn....
...“Lee has played a great role in the election, reminding Democrats in California of the leftist perspective,” he said....
...So they launched a programme at the University of Southern California in 2013 to create a new approach to learning that combined tech, design, business and the arts....
...“Continuing regulatory challenges” in California will contribute to a non-cash charge of $3.5bn to $4bn, the oil company said, reflecting a write down in the value of its US upstream oil and gas assets,...
...Emeritus Professor Albion M UrdankUniversity of California, Los Angeles, US...
...If the company fails to do so, then the job — and most likely the expense — will fall to the city of Los Angeles....
...“We’re hoping to get more of our Nordic artists to come here to do residencies,” she says. “There’s a strong tradition of ceramics in California, and it would great to create work right here....
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