The UK's top court recently made a big decision. It said car finance companies might not have to pay as much money back to customers as previously thought. This could be a game-changer for the industry. The court's ruling means the total compensation bill might be less than half of what was initially estimated. That's a huge deal! Some experts think this could lead ...
Retirement accounts like 401(k)s are usually simple. They mostly hold stocks and bonds. But things might change soon. An order from President Trump wants to add new types of investments to these accounts. These include cryptocurrency, real estate, and private equity. Private equity firms buy companies, often those in trouble. Sometimes they fix these companies. Othe...
President Donald Trump has signed an executive order that could potentially open up 401(k) retirement plans to include investments in private equity and cryptocurrencies. This move, if fully implemented, would allow millions of Americans to diversify their retirement portfolios beyond traditional stocks and bonds. The process won't be immediate. Federal agencies wil...
A major investment group is thinking about a big move. They might raise over a billion dollars to keep a stake in a company that deals with water infrastructure. This is not a small deal. It's a big bet on the future of water management. The company in question is Azuria Water Solutions. They are not a small player. They are big in the water business. The investment...
Jamie Dimon, the head of JPMorgan, has expressed concerns about the rapid growth of private credit and its potential to trigger another financial crisis. He has compared it to the risky lending practices that led to the Global Financial Crisis. However, not everyone agrees that private credit is as risky as Dimon suggests. Private credit is a type of lending that is...
Private equity firms are playing a big role in shaping the future of elderly care. These firms invest money into businesses, including those in healthcare. But not many studies look closely at how these firms affect long-term care. Most research focuses on the United States, leaving other countries like Ireland under the radar. In Ireland, private equity investment ...
A Turkish private equity firm has come to the rescue of a Harvard research lab. The lab focuses on biological research. This move comes as the university faces significant funding cuts from the Trump administration. The deal is quite unusual. It involves a lab run by a professor of genetics and metabolism. The firm, İş Private Equity, has promised $39 million to supp...
The Dollar Tree Inc. has decided to sell the Family Dollar chain. This chain has over 7, 000 stores. The sale is to a pair of private equity firms. The price is $1 billion. This sale marks the end of a decade-long attempt to merge the two chains. The original purchase of Family Dollar was made for over $8 billion. Since then, Dollar Tree has faced many challenges. T...
The retail world is buzzing with news that Family Dollar is changing hands. The company is being sold to two private equity firms, Brigade Capital Management and Macellum Capital Management. This deal is worth just over $1 billion. This move comes after years of challenges in managing the Family Dollar brand. Dollar Tree, the parent company, bought Family Dollar bac...
Bluebird Bio, once a shining star in the biotech world, is now a shadow of its former self. The company, known for its groundbreaking gene therapies, has been sold to private equity firms Carlyle and SK Capital for a mere $30 million. This sale marks the end of a long and tumultuous journey for Bluebird, which once had a market cap of around $9 billion. The company'...