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McKinsey Is Shutting Down Its Restructuring Business
Business

McKinsey Is Shutting Down Its Restructuring Business

Consulting firm McKinsey & Co. is shutting down its corporate-restructuring practice after numerous lawsuits and government investigations concerning the division’s work advising troubled borrowers, people familiar

Apartment-Building Sales Drop the Most in 14 Years
Business

Apartment-Building Sales Drop the Most in 14 Years

Interest-rate increases and banking turmoil push down demand for multifamily buildings. Source link

TikTok Fined $15.8 Million by U.K. Regulator for Misuse of Children’s Data
Business

TikTok Fined $15.8 Million by U.K. Regulator for Misuse of Children’s Data

Tech Social-media platform failed to remove underage users, authorities say Source link

Housing Is Turning Out to Be a Lousy Shelter for Investors
Finances

Housing Is Turning Out to Be a Lousy Shelter for Investors

Apartments have been the second-worst performing type of real estate in the U.S. after offices over the past year. Source link

ESG Trendsetters: How Array Technologies Brings ESG into the DNA of its Business
Business

ESG Trendsetters: How Array Technologies Brings ESG into the DNA of its Business

In our latest episode of ESG Trendsetters we highlight Array Technologies (ARRY), a leading American company and global provider of utility-scale solar tracker technology on

Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
Business

Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy

Markets Finance The company says it is working toward finding a buyer for a once star player in the billionaire’s portfolio Source link

Australia Bans TikTok From Government Devices Amid Security Concerns
Business

Australia Bans TikTok From Government Devices Amid Security Concerns

With the decision, Australia joins the U.S. and all other members of the so-called Five Eyes intelligence alliance in restricting government access to the video-sharing

America Has Too Much Parking. Really.
Business

America Has Too Much Parking. Really.

Many cities are getting rid of spaces, freeing land for new development. “People are looking for a place to live, not to park,” said a

Klaviyo Hires Bankers, Plans for Late 2023 IPO
Finances

Klaviyo Hires Bankers, Plans for Late 2023 IPO

WSJ News Exclusive Finance Marketing-automation company’s plans show potential thaw in new-issue market Source link

WWE to Combine With UFC's Endeavor
Business

WWE to Combine With UFC's Endeavor

World Wrestling Entertainment has reached a deal to combine with Endeavor Group Holdings, owner of the Ultimate Fighting Championship. Source link