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Blackstone Reaches $1 Trillion in Assets
The private-equity firm is the first among its publicly traded peers to hit that mark. Source link
Netflix's Show Doesn't Always Go On
Strong subscriber growth doesn’t deliver big revenue boost, and Hollywood strikes are having an impact. Source link
United Airlines Triples Second-Quarter Profit
The carrier lifted its earnings outlook on increased passenger volumes, and its CEO vowed to make changes after late-June disruptions. Source link
Netflix Password-Sharing Crackdown Delivers Jolt of New Subscriber Growth
The streaming giant says the Hollywood strikes will lead to less content spending and increased free cash flow this year. Source link
Oddity Shares Jump 40% in Stock Market Debut
Investors scooped up shares of the direct-to-consumer beauty and tech company. Source link
These Energy Companies Don't Need Sky-High Oil and Gas Prices
Oil field service companies shares are beating those of their customers Source link
Goldman Sachs Isn't Transforming Fast Enough
The bank’s shrinking principal investment holdings still make earnings too volatile Source link
Carvana Strikes Deal to Avert Cash Crunch
The used-car seller will sell stock and pledge assets to back new debt. Source link
Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
The bank also took impairments related to real-estate investments, much of it tied to office properties. Source link
Governments in China are Propping Up Hong Kong's Ailing IPO Market
Municipalities and state-backed investors that want to drum up more economic activity are buying shares in companies going public. Source link