Business News
Apollo picks Austin for second headquarters as expansion shifts beyond New York
Apollo Global Management is choosing Austin as the site of its second headquarters as the private capital firm expands its U.S. footprint beyond New York. The move places future hiring in Texas ...
SBA opens disaster loan relief for Virginia drought-hit businesses and nonprofits
Federal disaster assistance is now available for eligible Virginia businesses and private nonprofits facing economic losses from a drought that begins on April 28. The program also covers several ...
Qcells starts Georgia solar cell production as U.S. manufacturing capacity expands
Domestic solar manufacturing is gaining a new link in its supply chain as Qcells begins producing solar cells at its Cartersville, Georgia facility. The start-up is significant because the U.S. ...
Boots explores $10 billion sale as IPO plans face reversal
Boots is weighing a potential ownership change after its private equity backer began engaging strategic buyers months before a possible London listing. The discussions could lead the British ...
U.S. wholesale inventories extend gains in April as supply risks lift stockpiling
Rising supply disruption risks and higher commodity costs are prompting U.S. businesses to hold more goods in stock. U.S. wholesale inventories increase for a third straight month in April, with ...
Maine Democrats face nomination risk in U.S. Senate primary
Maine Democrats enter Tuesday's primary under mounting pressure over their prospects in a must-win U.S. Senate race. The vote is set to test whether the party can still avoid backing a nominee ...
EU budget draft sets up battle over spending cuts and priorities
Negotiations over the European Union's next shared budget are entering a critical phase as member states prepare for the first draft of a seven-year framework due to start in 2028. The proposal is ...
KBRA assigns preliminary ratings to Achieve debt relief ABS notes
Achieve Debt Relief is returning to the asset-backed securities market with its second deal backed by debt settlement fees from a static pool of enrolled customers. The ACHD Trust 2026-DS1 ...
CVM resumes trial of sanctioning process regarding disclosure of information by IRB on 6/9
The Securities and Exchange Commission resumes on Tuesday, June 9, the trial session of an administrative sanctioning process related to the disclosure of information by IRB - BRASIL RESSEGUROS ...
KBRA assigns preliminary ratings to Jack in the Box Funding 2026 notes
Jack in the Box is moving ahead with a new whole business securitization tied to its restaurant franchise system and company-operated stores in the western and southern U.S. The proposed Series ...
Maryland tops U.S. states for earnings among adults without bachelor's degrees
Rising higher-education costs are keeping the financial return on college under close scrutiny across the U.S. New Census-based rankings show adults aged 25 and older with some college or an ...
Labour leadership pushes cabinet unity as Andy Burnham pressure grows
Pressure is building inside the Labour Party as Keir Starmer seeks to keep his senior team aligned ahead of elections that could reshape the party's standing. The effort comes as Andy Burnham's ...
SBA opens disaster loan program for Oregon storm-hit businesses and residents
Federal disaster financing is becoming available for Oregon communities affected by severe storms, flooding, landslides and mudslides that struck Dec. 15 to 21, 2025. The relief covers Clackamas, ...
TIAA secures AM Best 'aa' rating for $2 billion surplus notes
Teachers Insurance and Annuity Association of America is preparing a $2 billion, 30-year surplus note issuance as it manages funding needs tied to broader corporate activity. The planned debt ...
Just Group Tier 2 notes rated BBB by Fitch
Just Group is tapping the subordinated debt market with a GBP250 million Tier 2 issuance that Fitch views as broadly neutral for the insurer's capitalisation and leverage. The planned refinancing ...
Private equity in football remains a viable Premier League investment thesis
With the club season over and attention turning to the World Cup, investors are reassessing whether private equity ownership can generate lasting value in elite football. Experiences at Manchester ...
UK pub groups seek World Cup boost to sales and valuations
Britain's pub industry enters the World Cup under pressure from weaker consumer demand, higher taxes and continued venue closures. The tournament gives listed operators a chance to lift drink and ...
UK recruiters see temporary hiring rise as permanent placements weaken
Rising cost pressures and a more uncertain economic backdrop are pushing UK employers to rely more on temporary staff while holding back on permanent hiring. The shift is becoming more pronounced ...
UK jobs market survey shows firms pause permanent hiring as Iran war lifts uncertainty
Britain's labour market is cooling in May as employers pull back on permanent recruitment amid rising cost pressures and a weaker economic outlook. The shift is pushing more companies toward ...
U.S. politics faces rising anti-AI backlash as economic and social anxieties deepen
Public concern over artificial intelligence is intensifying as the technology advances quickly and investment in its infrastructure keeps rising. In the U.S., those fears are extending beyond job ...
English universities raise overseas undergraduate fees as funding pressure deepens
England’s leading universities are increasing charges for overseas undergraduates as institutions seek more revenue to offset pressure on domestic funding. International tuition at top-ranked ...
