Morgan Stanley reveals $911 million Archegos loss as profit jumps
(Reuters) -Morgan Stanley lost nearly $1 billion from the collapse of family office Archegos Capital Management, the bank said on Friday, muddying its [...]
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McDonald's to hire 25,000 staff in Texas this month
A sign is seen at a McDonald’s restaurant in Queens, New York, U.S., March 17, 2020. REUTERS/Andrew Kelly(Reuters) – McDonald’s Corp said on [...]
More women in Italian boardrooms, but fewer female CEOs
FILE PHOTO: Ferrari’s logo is seen on the facade of Milan’s stock exchange, downtown Milan, Italy January 4, 2016. REUTERS/Stefano RellandiniMILAN (Reuters) – [...]
Synnex Corp to merge with Tech Data in $7.2 billion deal
(Reuters) – IT solutions firm Synnex Corp said on Monday it will merge with peer Tech Data in a deal worth about $7.2 [...]
Alan Mnuchin-backed SPAC to raise $400 million via U.S. IPO
(Reuters) – Veteran investment banker Alan Mnuchin plans to raise $400 million for a blank-check firm through an initial public offering in the [...]
Electric utility FirstEnergy to give Carl Icahn two board seats
(Reuters) – Electric utility company FirstEnergy Corp said on Tuesday it would add two members backed by activist investor Carl Icahn to its [...]
Blank-check backed by Bain Capital affiliate aims for $300 million IPO
(Reuters) – A blank-check firm backed by BCC Investment Management, an affiliate of Bain Capital, is looking to raise up to $300 million [...]
Just Energy files to restructure in Canada after Texas freeze hit
(Reuters) – Electricity and gas provider Just Energy Group Inc said it was restructuring under the Companies’ Creditors Arrangement Act in Canada and [...]
Vince Holding Corp. Names Jack Schwefel as CEO
Jack Schwefel has been appointed chief executive officer of Vince Holding Corp. The move is effective March 29. Schwefel will be based at [...]
Ken Moelis-backed SPACs aim to raise $1.2 billion through IPOs
FILE PHOTO: Chief executive officer of Moelis & Co., Ken Moelis smiles after ringing the bell to mark the company’s IPO on the [...]