TPG Gains on Stepped Up Deal Activity

Nov. 7, 2023 6:25 pm ET|WSJ Pro Buyout firm TPG boosted its deal activity in the September quarter, defying a broader slowdown and notched two significant sales, including an exit from its 13-year investment in Hollywood talent company Creative Artists Agency. That transaction helped bolster the firm’s distributable earnings, a closely watched performance metric that … Read more

Granite Creek Capital Raises $300 Million for Growth Investments

Nov. 7, 2023 6:30 am ET|WSJ Pro Granite Creek Capital Partners has raised $300 million to back midsize companies with minority growth investments as the private-equity firm looks to prosper from a time when many business owners are reluctant to sell outright. Chicago-based Granite Creek said it wrapped up its third fund above the $250 million … Read more

He Was Told He Had No Talent. This $7 Million Hawaii Home Is His Revenge.

His dreams of becoming an architect quashed by his high school teacher, Thomas Ryan finally got to showcase his knack for designing homes with a minimalist, geometric structure.

Google’s Cloud Sales Disappoint as Advertising Rebounds

Updated Oct. 24, 2023 6:08 pm ET Google reported its strongest business growth in more than a year but disappointed investors with relatively weak cloud-computing sales, delivering a mixed picture as it continues to wrestle with competitors developing artificial-intelligence tools. Google’s parent company Alphabet reported third-quarter revenue of $77 billion Tuesday, up 11% from the same … Read more

Amazon Confronts a New Rival: TikTok

In the emerging business of ‘social shopping,’ TikTok dominates the social and is spending big to improve the selling. Amazon dominates selling, and is working on the social.

Law Firms Alter Diversity Programs Amid Legal Challenges

The changes by Perkins Coie and Morrison & Foerster come as employers look to sort out the ramifications of the Supreme Court’s ruling against affirmative action. Source link

UAW Adopts an Unlikely Power Symbol: a Trash Can

Auto workers buy into wastebasket mania after union leadership “trashes” contract proposals; “For me, it was a turning point.” Source link

What Could Finally Turn Around Citigroup?

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Bankruptcy Judge Jones Named in a Lawsuit Over Romantic Relationship With Local Lawyer

A Texas bankruptcy judge has been in a romantic relationship with a lawyer whose former firm brought major chapter 11 cases to his court, a premier landing spot for corporate reorganizations. Source link

Artificial Empathy Is Coming. Are We Ready for Emotions From AI?

By Lisa Bannon Oct. 7, 2023 9:02 am ET Listen to article (3 minutes) Busy, stressed-out humans aren’t always good at expressing empathy. Now computer scientists are training artificial intelligence to be empathetic for us. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link