Michael J. de la Merced
Posts
Samuel Butler, Lawyer Who Helped Create Corporate Giants, Dies at 94
Leading the elite Wall Street firm Cravath, he became a go-to adviser on mergers and acquisitions — “all the big deals that were going on...
Kalshi, an Online Prediction Market, Will Open Up to Brokerages
The platform, which recently hired Donald Trump Jr. as an adviser, is seeking to tap Wall Street to expand its potential customer base.
Barry Sternlicht Is Bringing Back the Starwood Hotel Brand
Twenty years ago, the hotel magnate stepped down from Starwood, which later sold to Marriott for $13 billion. Now, he wants to give it another...
Anysphere, a Maker of A.I. Coding Software, Raises $100 Million
The company’s Cursor product, which can autocomplete programming code, helped the start-up draw a $2.5 billion valuation.
Deal Makers See a Rebound in 2025 as Trump Returns to Power
It was another down year for mergers and acquisitions, but Wall Street is optimistic that the lengthy lull is coming to an end.
The Other Game
At the DealBook Summit, seven sports stars and experts discussed how building a brand as an athlete has changed.
Britannica, Onetime Encyclopedia Publisher, Pushes A.I. Tools
The encyclopedia maker could have become a casualty of the Wikipedia era. But it has remade itself into a digital learning giant that is weighing...
David Bonderman, Co-Founder of Private Equity Giant TPG, Dies at 82
A globe-trotting lawyer turned investor, he helped transform a cottage industry into a colossus with influence on Wall Street and beyond.
Their Lives Were Bound by a Fraud Case; Their Fates by a Sinking Yacht
Mike Lynch and Christopher Morvillo spent 12 years together fighting a legal battle over two continents. Their victory celebration ended in tragedy.
Political Betting Markets See Vindication in Trump Victory
Prediction markets, which surged to prominence during the presidential campaign, started reflecting a likely Trump win several weeks ago, even as opinion polls showed a...