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...Private capital groups have also planned large investments into utilities as part of efforts to transition power companies to lower-carbon energy production....
...Taylor Swift has reinstated her music on TikTok, putting her at odds with her own record label, Universal Music, which went to war with the social media group in February, muting her songs and the rest of...
...If approved by a court, the settlement would resolve claims alleging that the firm had conspired with peers and the industry’s main trade group to artificially prop up sales commissions....
...Higher interest and working capital payments as well as a £100mn increase in capex as it developed new models meant its free cash outflow increased by around £60mn to £360mn....
...Srettha Thavisin said he had been told of the deal by promoter Anschutz Entertainment Group....
...It feels like it’s its own category of cultural capital, I don’t know....
...Bruin Capital, the investment group founded by former IMG executive George Pyne, agreed to sell sports marketing company Two Circles....
...It has also prompted lawmakers in both red and blue states to introduce so-called “Taylor Swift” bills aimed at reining in the ticketing giant....
...However, the record company’s position was seen by some music executives to have been undermined after the decision by Taylor Swift — Universal’s biggest artist — to reinstate her music on TikTok last month...
...The new capital spending adds a second fab that will also make 2nm and 4nm chips, as well as the construction of an advanced chip packaging facility for “2.5D packaging” of processor and memory chips....
...The £365mn joint venture between Manchester City’s parent group and Denver-based Oak View Group abruptly postponed the opening of Co-Op Live, the UK’s biggest indoor arena....
...They selected an alternate financing plan from Dyal Capital, an institutional investor that already had NBA approval....
...Midway through May 2023, the group signed a $200mn four-year credit facility with a group of banks....
...They pointed out, approvingly, that the group managed to track the index while holding a large cash reserve. But holding cash for cash’s sake does not earn companies a gold star....
...Activist investor Sparta Capital Management is calling on London-listed engineer Wood Group to consider a US listing to address the “continued underperformance of its shares”....
...Today, BHE is the largest owner of wind generation among regulated utilities in the US, giving the group a significant renewable energy business....
...Union membership in the country has been falling but levels remain among the highest in Europe and Sweden’s powerful labour groups still wield enormous collective strength, aided by the right to “sympathy...
...Active mutual funds experienced outflows of more than $50bn in the first three months of the year, according to Morningstar Direct, hurting large asset managers such as Capital Group, T Rowe Price and Franklin...
...WaPo’s figures come from an article Cohan wrote for Inc, an American business magazine....
...Skydance’s two-step deal is backed by private equity groups RedBird and KKR....
...Universal Music is set to pull its songs from TikTok after a breakdown in negotiations over payment, which would remove the social media platform’s access to music from stars such as Taylor Swift, The Weeknd...
...It estimated that revenue for the three months to June would be in the range of $240mn-$255mn, also above expectations, according to data from S&P Capital IQ....
...One of the “big five” academic publishers alongside Elsevier, SAGE, Springer Nature and Taylor & Francis, Wiley’s research publishing division reported revenues of $659mn in the nine months to January 31...
...Private equity group Silver Lake, an investor in Manchester City’s parent group, raised its largest fund to date....
...With a shareholder vote set for April 3, Disney faces proxy fights with Peltz’s Trian Partners and Blackwells Capital, which are seeking board seats and other changes aimed at boosting the company’s share...
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