CVC Capital Partners, a Luxembourg-based private equity group, aims to raise €1.25 billion through a listing in Amsterdam in the coming weeks involving both new and existing shares. The company, founded over 40 years ago, officially confirmed its plans on Monday, after two earlier attempts failed because of volatility on the financial markets. The company has €186 billion in assets under management and invests in companies, debt and infrastructure. CVC has a workforce of 1,154 people, of whom...
Michigan public schools used nearly half their pandemic relief spending on employee compensation, according to a new report from a Michigan policy watchdog. Many of the state’s students, meanwhile, continue to perform below pre-pandemic testing benchmarks.
The Sun has settled 1,600 claims and paid out £1 billion to keep cases out of court, it has been revealed.
We will never know how much pandemic aid fraud was committed. There were just too many trillions of dollars, and too many programs run by incompetent fools to get any kind of accurate accounting.
The $1.326 billion prize ranks as the eighth largest in U.S. lottery history and came after 41 consecutive drawings without a jackpot winner.
Investors close to Elon Musk are in talks to help xAI raise $3 billion in a round that would value the artificial-intelligence startup at $18 billion. The venture-capital firm Gigafund and Steve Jurvetson, a prominent Musk backer and co-founder of another venture firm, are among the backers considering investing in the round, the people said.
Ibotta, a digital rewards company, raised $577.3 million in its IPO
Millions taking part in the eighth-largest Powerball drawing in U.S. history will have to wait a little longer to find out if they've struck it rich. The $1.3 billion Powerball drawing was delayed on Saturday night after the Multi-State Lottery Association said a single jurisdiction had yet to wrap up its normal pre-draw security procedures."Powerball game rules require that every single ticket sold nationwide be checked and verified against two different computer systems before the winning...
MORIARTY, N.M. (KRQE) – The Moriarty Fire Department is on the scene of a fire they say killed one person. Crews say they responded to the scene in reference to a vehicle and grass fire at 10:30 a.m. They say the fire started from a collision involving an RV and semi-truck. Crews say one person died []
Munich-based digital products engineering company Nagarro crossed the $1 billion revenue mark in financial year 2023 based on year-end currency rates, growing 9.4% year-on-year on a constant currency basis.Revenue increased from about $908 million in 2022. The company follows a January to December financial year.Listed independently on the Frankfurt Stock Exchange in 2020, when its revenue was $516 million at year-end exchange rates, Nagarro has more than doubled its revenue in the past three...
Michael RaineyApril 15, 2024Millions of Americans have been removed from state-level Medicaid programs over the last year, following the
Apple has tried and failed to have a lawsuit in the UK dismissed, one that's valued at nearly $1 billion, brought against the company by 1,500 UK-based developers. A UK court ruled earlier today that the suit can be brought, and will thus proceed to trial - although this step will most likely only take place next year. The suit alleges that Apple charged the developers in question unfair commission fees of up to 30% on purchases of apps and other content. The plaintiffs say Apple is abusing...