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It wasn't the endless shrimp that doomed Red Lobster. How private equity pinched the seafood chain.
NBC Universal via AOL· 6 days agoWhen a private-equity firm bought Red Lobster in 2014, it sold the land under the restaurants for...
Hertz explores financial strategies after failed EV bet
Investing.com· 22 hours agoHertz explores financial strategies after failed EV bet
Sources: Hertz Is Exploring Options for Raising Financing | Transport Topics
Transport Topics· 5 hours agoHertz’s shares hit a record low in April after it reported a loss that was nearly three times worse...
RXO joins logistics companies facing ratings agency cut
FreightWaves via Yahoo Finance· 16 hours agoThat is the lowest rating considered investment-grade. The outlook remains stable. When S&P Global...
Ratings Agencies Drop Outlooks on Focus, Edelman
WealthManagement.com· 6 days agoMoody’s Ratings and S&P Global Ratings recently issued negative outlooks on RIA aggregator Focus Financial Partners and Edelman Financial ...
These 3 Mortgage REITs Have Been On Fire Over The Last Month
Benzinga via Yahoo Finance· 7 days agoMortgage REITs (mREITs) were among the worst-performing REIT subsectors during 2022 and 2023 when...
Moody’s, Fitch downgrade Forward Air debt; stock decline now above 90%
FreightWaves via Yahoo Finance· 3 days agoTwo rating agencies have cut the debt rating of beleaguered Forward Air. The post Moody’s, Fitch...
5 PR Mistakes AI Startups Must Avoid | Entrepreneur
Entrpreneur· 1 day agoThe world of entrepreneurship has been transformed in a big way by the emergence of artificial intelligence. In 2023, AI startups worldwide raised an impressive $50 billion. It's< ...
Saudi Arabia issues $5bn in dollar-denominated sukuk
Gulf Business· 2 days agoSaudi Arabia is turning to the debt market to find alternative funding sources to cover an anticipated fiscal shortfall of about $21bn this year.
Saudi Arabia Taps Bond Market With $5 Billion Sukuk Deal
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Saudi Arabia raised $5 billion through the sale of dollar-denominated sukuk as it...