There is political logic to Fitch’s downgrading of US debt A divided Congress is in no position to tackle America’s serious fiscal problems #press
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Lawyers warn of ‘massive’ test for attorney-client privilege A US court order compelling Covington & Burling to hand over client names to SEC after data breach has put firms on edge #press
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Apollo chief warns private equity industry ‘in retreat’ as rates rise Buyout groups must ‘go back to investing in the old-fashioned way’, Marc Rowan says #press
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How bonds ate the entire financial system A very short, very wild history of the market that will shape the next financial crisis #press
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Warner Bros Discovery saves $100mn as Hollywood strikes keep costs down Executives extol strategic focus on financial discipline as losses narrow in group’s streaming unit #press
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Apollo chief warns private equity industry ‘in retreat’ as rates rise Buyout groups must ‘go back to investing in the old-fashioned way’, Marc Rowan says #press
Client Challenge
Apollo chief warns private equity industry ‘in retreat’ as rates rise Buyout groups must ‘go back to investing in the old-fashioned way’, Marc Rowan says #press
Client Challenge
Israeli tech sector sounds the alarm over Benjamin Netanyahu’s judicial changes Entrepreneurs warn about economic impact of controversial drive to weaken power of courts #press
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Lufthansa posts record profits as ticket prices soar Strong demand coupled with supply constraints have allowed airlines to charge more #press
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Trump’s co-conspirators: indictment puts focus on 2020 inner circle Lawyers, a US justice department official and consultant are accused of helping former president challenge election results #press
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