California is likely to face a $68 billion deficit in its next fiscal year as income tax revenue plummets, marking the second consecutive year of shortfalls that could lead to cuts to key safety-net programs, according to the state’s budget adviser.
Carlyle Group Inc. co-founder David Rubenstein is in talks to acquire Major League Baseball’s Baltimore Orioles, according to people with knowledge of the matter.
For decades, Trafigura's former chief operating officer has quietly been one of the most powerful people in commodity trading. This week he was charged with corruption in Switzerland.
Bain Capital senior advisor Paul Edgerley and Solamere Capital co-founder Spencer Zwick are among the donors hosting a fundraiser for Nikki Haley, according to a person familiar with the event, as the Republican presidential contender draws growing interest from Wall Street.
Blackstone Inc. has provided a more than $1 billion private credit loan package for BeyondTrust, a cybersecurity company, according to people with knowledge of the transaction.
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