Paramount Lays Off 15 Percent of U.S. Employees
The company is cutting staff ahead of its merger next year with the Hollywood studio Skydance.
Posted inBanking and Financial Institutions Blackstone Group, The KKR & Co LP Mergers, Acquisitions and Divestitures Private Equity Real Estate (Commercial) Renting and Leasing (Real Estate) Starwood Capital Group Stocks and Bonds
Private REITS Were a Hot Investment Trend, but They’ve Lost Some Appeal
Drawn by the opportunity to invest with private equity firms, small investors rushed into real estate investment trusts. But the funds have lost some appeal as interest rates have climbed.
Posted inBoards of Directors Dorsey, Jack Executive Compensation Kordestani, Omid R (1963- ) Mergers, Acquisitions and Divestitures Musk, Elon Social Media Suits and Litigation (Civil) Wages and Salaries X (Formerly Twitter)
Former Twitter Board Member Sues Elon Musk’s X For $20 Million in Pay
After purchasing Twitter, Mr. Musk failed to cash out Omid Kordestani’s stock, according to allegations in a new lawsuit.
Posted inConsumer Product Safety Commission Consumer Protection Fires and Firefighters Mergers, Acquisitions and Divestitures Ovens and Stoves Recalls and Bans of Products Samsung Group South Korea
Samsung Recalls 1 Million Stoves That Started 250 Fires and Killed Pets
Thirty models of Samsung stoves were part of the recall over fires started by accidental contact.