America July 17, 2024
TikTok Loses 1st Challenge Against EU Big Tech Law
TikTok lost its bid to escape European Union digital market rules on Wednesday when the bloc’s General Court found the…
America July 17, 2024
EssilorLuxottica $1.5B Streetwear Brand Buy
Italian-French eyewear giant EssilorLuxottica announced on Wednesday that it will purchase U.S. urban fashion brand Supreme for $1.5 billion in…
America July 17, 2024
Allianz To Buy Income Insurance In US$1.6B
Allianz SE announced on Wednesday its plan to acquire a majority stake in Singapore-based insurer Income Insurance Ltd. for 2.2…
America July 16, 2024
Ozy Media Carlos Watson found guilty of fraud
A New York federal jury on Tuesday convicted former Ozy Media CEO Carlos Watson of fraud and identity theft. The…
America July 16, 2024
Blue Owl Buys Atalaya Capital for $800M
Kirkland & Ellis LLP-advised private-equity shop Blue Owl Capital Inc. on Tuesday unveiled plans to buy alternative credit manager Atalaya…
America July 16, 2024
Lineage Launches Potential $3.6B IPO
Cold-storage warehouse giant Lineage Inc. on Tuesday set a price range for an estimated $3.6 billion initial public offering (IPO).…
America July 16, 2024
NYC Rikers Officers OT Suit Settlement Reached
New York City has agreed to pay $6.2 million to settle a proposed collective action brought by a group of…
America July 16, 2024
Philly Charter School Embezzlement: Nonprofit Leader Sentenced for Theft
Abdur Rahim Islam, the head of famed R&B producer Kenny Gamble’s Philadelphia-based housing and education nonprofit, was sentenced to seven…
America July 16, 2024
Menendez Convicted of Bribery: A Landmark Verdict
A New York federal jury found U.S. Sen. Robert Menendez guilty on Tuesday of taking gold bars, cash, and a…
America July 16, 2024
InterCement $1B Bankruptcy Relief Amid Massive Debt Crisis
InterCement, the third-largest cement and concrete supplier in Brazil, has sought Chapter 15 recognition from a New York bankruptcy court.…
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