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Warburg Pincus Names Jeffrey Perlman President
Finances

Warburg Pincus Names Jeffrey Perlman President

The 40-year-old will take over from Timothy Geithner, who will become chairman of the private-equity firm. Source link

Microsoft, Activision Blizzard Extend $75 Billion Merger Deadline
Business

Microsoft, Activision Blizzard Extend $75 Billion Merger Deadline

The extension, until mid-October, allows the companies to continue with efforts to gain regulatory approval in the U.K. Source link

Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
Finances

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
Finances

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

Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
Finances

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

Jailed Crypto Tycoon's Company Appoints CEO
Finances

Jailed Crypto Tycoon's Company Appoints CEO

Terraform Labs has tapped Chris Amani to run the company as co-founder Do Kwon faces charges of fraud. Source link

U.S. Rate Rises Have Hit the Yen Hard, but Now It's Staging a Comeback
Business

U.S. Rate Rises Have Hit the Yen Hard, but Now It's Staging a Comeback

Japan’s currency has surged against the dollar this month. Central bank moves look set to boost it further. Source link

Stubborn Inflation Means More Pain for the U.K.
Business

Stubborn Inflation Means More Pain for the U.K.

Consumer prices in the U.K. continue to rise at a faster rate than in most other rich countries, threatening fresh hardship for millions of voters