Business
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Thomas H. Lee, a Pioneer in Leveraged Buyouts, Is Dead at 78
Competitors focused on the largest targets possible, but Mr. Lee triumphed at medium-sized targets. He has organized acquisitions of companies…
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Disney+ Adds 12 Million Subscribers, but Cites ‘Peak Losses’
Confidence generated by subscriber growth was offset by wider overall financial losses in the company’s direct-to-consumer sales segment.
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Bread Prices Skyrocket as Inflation Grips Europe
Since Russia’s invasion of Ukraine, the price of the wheat that Julien Bourgeois grinds for boulangerie in his family’s mill…
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Britain’s Spending and Tax Cut Plans Worry Investors in Its Debt
In the UK, 10 days of nationwide mourning leading up to Queen Elizabeth’s state funeral will bring many of the…
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Berkshire Hathaway cleared to buy up to 50% of Occidental Petroleum.
Warren Buffett’s Berkshire Hathaway on Friday received approval from federal energy regulators to acquire up to 50% of Occidental Petroleum,…
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At Last, Online Travel Planning Is Becoming (a Little) Easier
The internet has made it easier for us to plan our own trips and see how much we can save,…
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U.K. Inflation Jumps to 10.1 percent, Pushed Higher by Food
UK consumer prices continued to rise in July, 10.1% increase It’s the fastest pace since 1982. Rising food prices pushed…
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Biden Signs Climate, Health Bill Into Law as Other Economic Goals Remain
WASHINGTON — President Biden signed a landmark tax, health and energy bill on Tuesday, taking an important step toward achieving…
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Biden Signs Expansive Health, Climate and Tax Law
WASHINGTON—President Biden on Tuesday signed into law much-anticipated legislation aimed at reducing health care costs, cutting greenhouse gas emissions and…
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Education Department wipes out $4 billion in ITT Tech student loans.
The Department of Education this week sent DeVry University, once one of the largest for-profit university chains in the United…
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