US Supreme Court upholds law banning TikTok
By Andrew Chung and John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court refused to rescue TikTok on Friday from a law that required the popular short-video app to be sold by its Chinese parent company ByteDance or banned on Sunday in
Goldman Sachs boosts CEO pay to $39 million, lines up five more years at helm
By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs raised CEO David Solomon’s compensation 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at
Private equity ‘secondary’ sales hit record as Ardian closes $30 billion fund
By Mathieu Rosemain and Andres Gonzalez PARIS/LONDON – The secondary market for private equity funds saw record transaction volumes last year as buyout bosses and their investors looked for ways to generate cash amid a downturn in dealmaking. Paris-based Ardian said this
Spotify cut at Wolfe Research as bull case requires more than music share gains
Investing.com — Wolfe Research downgraded Spotify Technology (NYSE:SPOT) to Peer Perform from Outperform on Friday, citing concerns over its valuation and the limited profitability of its core music streaming business. The firm noted that while Spotify is “pacing towards 1B+
