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...CD&R and BC Partners declined to comment....
...Leahy said that in recent years CD&R had “never really been able to do a consumer deal”, adding: “They’ve all been retail deals and also we’ve never really done a leisure or consumer services deal.”...
...CD&R bought MFG for £500mn nearly a decade ago....
...One congressional aide said the bill was a “monumental moment” and that there was a “huge groundswell of bipartisan support” for the measure on Capitol Hill....
...CD&R declined to comment....
...month, the highly popular short-video sharing platform has dominated nearly all my personal and work conversations, whether it’s at brunch with friends in Big Sur or afternoon coffee with a VC near Sand Hill...
...Spencer Hill of Goldman Sachs (who forecasted yesterday’s core CPI reading almost exactly) spots this “January effect” in labour-intensive price categories such as medical services, personal care and daycare...
...His first delivery was at the top of Pig Hill, one of the steepest in Pittsburgh. As he struggled up, drivers in cars rolled down their windows to tell him, “Good job.”...
...“We are taking action on a comprehensive plan to bring these aeroplanes safely back to service and to improve our quality and delivery performance.”...
...The asset manager has also boosted its contracts with outside lobbying firms that work on Capitol Hill from four to seven in recent weeks, according to disclosure statements....
...Challenged by shrinking CD sales and online piracy, Sony had merged with BMG Music, then owned by Germany’s Bertelsmann, in 2004, leaving the two management teams almost immediately in conflict....
...There was about $20bn of CDS on CS debt at the time of its collapse, and, as Risk reported at the time, it wasn’t “crystal clear” whether the AT1 bond vaporisation would trigger CDS payouts....
...There, hackers gained access to customer data with a stolen username and password used by an outside information technology service provider....
...Much ink was spilled about the great goods-to-services rotation: goods spending should return to trend as services spending rises....
...Perhaps modern services-based economies can largely shrug off rate increases. Rick Rieder of BlackRock makes this point in a recent note....
...At Citigroup, customers can buy CDs with APYs as high as 4.75 per cent....
...So, in the autumn of 2021, Zaslav decamped to the Beverly Hills Hotel and launched a listening tour....
...Envision’s physician practice group was in the middle of the “surprise billing” controversy in which unsuspecting emergency room patients are hit with massive charges for basic services....
...But the streamers were still more Silicon Valley than Beverly Hills....
...Shou — this time in a suit — endured a five-hour grilling in a bipartisan pummelling from a congressional committee on Capitol Hill....
...What will it say about tech in the UK if one of the giants closes its service and heads to Europe....
...Major filmmakers partnered with “the greatest movie studio”, he said, now found themselves “working for the worst streaming service”. If that sounded hissy, action followed....
...If anyone thought this was only relevant for a small segment of the market, just look at the crazy weekend when Credit Suisse CDS spreads were trending on social media....
...In the four decades prior, the US government was responsible for regulating the air service....
...But the streaming service’s executives make the point that its social relevance remains as formidable as ever....
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