Category Archives: News

Market appears to be headed for its broadest slowdown in years ‘Affordability is becoming a headache for homebuyers’: They were fed up with Seattle’s home bidding wars. They were only in their late 20s but had already lost two battles and were ready to renew with their landlord. Then, in May, their agent called. Suddenly, Redfin’s […]

The fast-fashion behemoth is using its downtown stores to ship online orders, aiming to minimize sale hurdles and speed up delivery The ship-from-store operation inside a Zara store in Spain. PHOTO: ZARA 3 COMMENTS By Jeannette Neumann July 31, 2018 7:00 a.m. ET MADRID—Fast-fashion giant Zara is equipping its stores to also ship online purchases, betting that the […]

Kevin Dowd July 30, 2018 At the start of this month, KKR officially converted from a partnership to a corporation. It was the culmination of a gradual, decades-long shift that’s seen the firm become more and more interested in the public markets, in contrast to its traditionally private-markets-focused PE peers. KKR’s penchant for exiting investments via IPO is one indication […]

This wedding season, some wineries, tour operators and hotels want a divorce from rowdy bachelorette partyers—forbidding veils, tiaras, crowns and inflatable objects. ‘Ro-sé, all day!’   Suellen Tunney gazed out the french doors toward the stone terrace of Wölffer Estate Vineyard in the Hamptons last summer and saw noisy groups of women in tiaras, sashes […]

  NEWS PROVIDED BY AGT Food and Ingredients Inc. Jul 26, 2018, 11:32 EST SYMBOL: TSX: AGT REGINA, July 26, 2018 /CNW/ – AGT Food and Ingredients Inc. (“AGT” or the “Company“) (TSX: AGT) today announced that it has received a non-binding proposal (the “Proposal“) from a group comprised of certain members of its management group, led […]

KPS Capital has agreed to sell Expera Specialty Solutions LLC to Ahlstrom-Munksjö Oyj for $615 million. Deutsche Bank and Barclays served as financial advisers to KPS and Expera on the deal. Wisconsin-based Expera is a maker of specialty paper products. PRESS RELEASE New York, NY (July 23, 2018) — KPS Capital Partners, LP (“KPS”) announced today that it has signed a definitive agreement, through […]

  Dive Brief: Albertsons opened a new $7.2 million experience-focused store in Boise, Idaho with two floors and an in-store bar called Broadway on the Rocks, according to the Idaho Statesman. The new concept store will include culinary classes, events, a restaurant-style food court that holds up to 200 people, a concierge, and will serve wine and […]

Buyout groups indicate willingness to pay mid-$20s per-share price for Arconic Rows of aluminum coils sit on the floor of the Arconic Inc. manufacturing facility in Alcoa, Tenn. PHOTO: LUKE SHARRETT/BLOOMBERG NEWS 4 COMMENTS By Miriam Gottfried, Dana Mattioli and Dana Cimilluca Updated July 25, 2018 5:27 p.m. ET Arconic Inc. ARNC +10.07% is weighing takeover approaches from at least two private-equity groups, […]

Concerns about revenue growth, monetizing Instagram Stories and the impact of new privacy laws hit the social-media giant’s shares Facebook Chief Executive Mark Zuckerberg attended a hearing at the European Parliament in Brussels in May. PHOTO: EBS/AGENCE FRANCE-PRESSE/GETTY IMAGES 17 COMMENTS By Deepa Seetharaman July 26, 2018 3:11 a.m. ET The earnings call that cast serious doubt about Facebook Inc.’s FB 1.32% seemingly […]

  A focus of a snarky Instagram account, the uninspired gray fleece vest is an inescapable presence in cubicles around the country. So how did this ho-hum uniform overtake the suit as the corporate outfit of choice? Jared Dunn, the finicky COO on HBO’s “Silicon Valley,” television’s most prominent posterchild for the midtown uniform. PHOTO: JOHN P. […]