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Market News
March 11, 2021
Blackstone Inks Deal to Expand Headquarters on Park Avenue
Blackstone Group Inc. has signed a lease to expand its headquarters in Manhattan, taking more space on Park Avenue as the firm commits to stay in New...
March 11, 2021
Chinese Debt Becomes an Unlikely Safe Haven During Bond Turmoil
An upstart contender to U.S. Treasuries has emerged in the wake of last month’s vicious debt rout.
March 11, 2021
Purdue Deal Said to Include $1.2 Billion More From Sacklers
The billionaire Sackler family members who own Purdue Pharma LP are proposing to contribute another $1.2 billion to the opioid maker’s bankruptcy...
March 11, 2021
KKR Aims to Raise $12 Billion for Latest Infrastructure Fund
KKR & Co. is seeking about $12 billion for its fourth global infrastructure fund, according to a person with knowledge of the matter.
March 11, 2021
Online Retailer Boxed Said In Merger Talks With Seven Oaks SPAC
Boxed, an online retailer of products in bulk, is in talks to go public through a merger with Seven Oaks Acquisition Corp., a blank-check firm,...
March 11, 2021
Gun Background Checks Bill May Test Manchin on Filibuster Rule
A House-passed bill to expand gun background checks will be an early test of Democratic Senator Joe Manchin’s commitment to the Senate rules that...
March 11, 2021
‘Breathe a Sigh of Relief’: Muni Market Lauds Biden State Rescue
President Joe Biden’s stimulus plan aims to remove the financial pressure on states and cities, promising a considering improvement to the outlooks...
March 11, 2021
Quest Sees Direct-to-Consumer Testing Taking Off Post-Pandemic
Commercial laboratory Quest Diagnostics Inc. sees a growing direct-to-consumer testing opportunity following the Covid-19 pandemic, as patients seek...
March 11, 2021
UN Pressure on Ethiopia Ramps Up as Humanitarian Crisis Deepens
The Biden administration’s new envoy to the United Nations is seeking to dial up the pressure on countries like Ethiopia and Yemen to end their...
March 11, 2021