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Subway Sale Process Heats Up as Bidders Head to Second Round
More than 10 possible suitors, including some big names in private equity, are conducting due diligence. Source link
Muni Junk Bond King John Miller to Retire
Nuveen municipal-bond chief John Miller, who helped transform the Chicago-based investment firm into the nation’s top manager of junk-rated state and local debt, will retire
AI Can Write a Song, but It Can't Beat the Market
Quants have tried for decades with limited success at the biggest challenge. Source link
Houston Apartment Owner Loses 3,200 Units to Foreclosure
The U.S. multifamily housing sector is feeling the heat as interest rates rise and rent growth slows. Source link
Former Outcome Health Executives Found Guilty of Fraud
Business Health Care Health Verdict caps fall of startup’s executive team led by Rishi Shah, who could face years in prison Source link
Citi Long-Serving M&A Chief to Retire
One of Citigroup’s top dealmakers, Mark Shafir, is retiring from the investment bank. Source link
Laid-Off Tech Workers Launch ‘Revenge Startups’ Just as Money Dries Up
Venture-capital investors, as recently as last year, used to seek out founders who were quitting their tech jobs to launch their own businesses. Now that
Stock Pickers Failed to Take Part in First-Quarter Rally
Bearish positioning and less exposure to the large technology stocks hurt active fund managers. Source link
Goldman Sachs Paying $15 Million to Settle Investigation of Swaps Business
Markets Finance Bank’s swaps dealer priced derivatives in terms that put clients at a disadvantage, CFTC says Source link
Tonal Founder Steps Down as CEO
The at-home fitness company completed its latest funding round at a fraction of its prior valuation. Source link