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...A surety bond is similar to a bank line of credit and ensures that a party will be able to pay a legal judgment in full in the event that an appeal fails....
...Robinson was pushed out in 1993 after heavy losses related to his acquisitions and his empire was quickly dismantled by successors....
...He had been JPMorgan’s co-head of Emea M&A and co-head of its global strategic investor group M&A. Blackstone has hired Dan Leiter as international head of the firm’s credit and insurance business....
...AXA Millésimes, the insurance company’s wine division, is far lower-key than Bernard Arnault’s vast LVMH empire, but has its own investment in Outpost on Howell Mountain, east of the valley....
...Steve Coll, ‘Private Empire: ExxonMobil and American Power’ (2012) Favourite: Bad Blood: Secrets and Lies in a Silicon Valley Startup, by John Carreyrou....
...Disposals included the sale of its assets in Germany, Czech Republic, Hungary and Romania to Vodafone for €18.4bn in 2019 and spinning out its Latin American business in 2018....
...But that only puts it in line with rivals Gap and American Eagle Outfitters. The rapid rise of Abercrombie, along with Reddit’s attention, smacks of meme stock status....
...Biden on Wednesday visited US Steel’s headquarters in Pittsburgh, and in front of cameras, had a clear message: US Steel should remain “American-owned, American-operated by American union steelworkers —...
...The billionaire donor class also backed long-shot candidates, who failed Jeff Yass, the Susquehanna International Group co-founder and TikTok investor, was the biggest donor to American Exceptionalism,...
...Rothschild sided with buccaneers such as Sir James Goldsmith and Kerry Packer, with whom, in 1989, he made an audacious yet unsuccessful bid for British American Tobacco....
...One reason: many insurance companies do not cover prescriptions for the drugs. With list prices ranging from more than $900 to $1,300 per month, they are pricey for the average American....
...I’m paying for that when I pay my insurance. Consequently, I think the American public is getting it, understanding it....
...“I love that red-hot line between sculpture and furniture,” says Ross....
...Robert Burke, a luxury consultant who brought Burch’s line to Bergdorf Goodman when she launched, says few modern American brands have been able to scale to the same level....
...AI empire Blackstone is building a $25bn empire of data centres in a bet on the artificial intelligence boom, Bloomberg reports....
...Hunter Point Capital, the alternative investment shop co-founded by Bennett Goodman, has hired Phillip Titolo as its head of insurance solutions. Titolo previously worked at MassMutual....
...Division co-heads Ashok Varadhan and Dan Dees will now run the unit....
...“It was co-ordinated that he would arrive like that,” Cohen said....
...But American Express chief executive Steve Squeri found himself facing particularly worrying circumstances....
...SSG’s co-investors include a who’s who of American billionaires, from New York Mets owner Steve Cohen to Atlanta Falcons owner Arthur Blank....
...The country’s trade surplus has been eroded....
...Aggarwal co-founded the ride-hailing app Ola Cabs over a decade ago, before adding to his mobility empire by creating Ola Electric, and most recently expanding into artificial intelligence with start-up...
...Example: in the 1990s, trousers rode low – the most extreme example being Alexander McQueen’s “Bumster” line, based in part on the unintentional exposure colloquially known as “builder’s bum”....
...US prosecutors called his alleged scheme “one of the biggest financial frauds in American history”....
...As a civil matter, there is no threat of prison time for the former president but his business empire is at risk of being dismantled....
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