Ares Slashes Value of Three Clearlake-Owned Software Companies

Ares Management Corp. wrote down the value of loans to three Clearlake Capital Group-owned software businesses, as it warns of difficult conversations ahead with companies vulnerable to disruption ...

Powell’s Future a Bigger Question Than Rates: Decision-Day Guide

Uncertainty around the economic outlook and a leadership transition at the US central bank loom large over this week’s meeting of Federal Reserve officials, who are expected to leave interest rates ...

Purdue Pharma’s $5.5 Billion Criminal Plea Deal Approved by Judge

A New Jersey federal judge accepted Purdue Pharma LP’s multibillion-dollar criminal plea deal with the US government on charges related to its dissemination of addictive opioid products, a critical ...

Bank Groups Eye Changes to Fed’s Relaxed Capital Proposals

Bank groups said that although the Federal Reserve’s eased capital plans are a major improvement over previous versions, the recent proposals still need changes to help avoid risk assessments they say ...

Bankruptcy Report Sheds Light on First Brands Accounting, Audits

First Brands Group LLC doled out bonuses to employees who booked accounting adjustments that inflated its profit margins and ...

AI Power-Gear Spending in US Surging Up to $65 Billion (Correct)

US spending on power-generation equipment for data centers may reach $65 billion by 2030, up from $2.6 billion last year, with the rapidly growing industry accounting for the largest share of the ...

Fintech RYVYL, Founders to Settle SEC Blockchain Disclosure Suit

Payment processor RYVYL Inc. and its two founders agreed to settle an SEC lawsuit alleging they misled investors by claiming the company used blockchain technology and digital tokens for transactions, ...

Large Projects to Get Tax Guidance Priority, Canada Budget Says

Major industrial projects seeking written guidance from Canada’s tax authority will get priority under a new measure aimed at ...

California Panel Advances Bill to Tax More Foreign Income

California lawmakers advanced a bill out of committee Monday that would change how much of a multinational company’s foreign ...

NY Yeshiva Regulation Row Hinges on Students’ Due Process Rights

A New York State judge cast doubt on claims from Hasidic and Haredi students attending Jewish yeshivas that they have a right ...

Parents Sue Over New Jersey School Trans Disclosure Policies

Multiple parents sued New Jersey state and local school officials Tuesday over laws and policies they say impede their rights ...

T-Mobile Beats Customer Estimates As CEO Promotes New Metric (1)

T-Mobile US Inc. beat Wall Street expectations for the number of new customer accounts it added in the first quarter, as a new chief executive officer looks to put his stamp on the company.