Stephen A - Wander City

Blackstone Considers Small Investment in TikTok

alishpagda08@gmail.com3 months ago07 mins

The private equity giant Blackstone is weighing taking a small stake in TikTok ahead of an April 5 deadline set by President Trump for the Chinese-owned app to change its ownership or face a U.S. ban under federal law, two people familiar with the situation said. Investing in TikTok would give Blackstone the chance to…

C.E.O.s Look Beyond a Rosy Inflation Report

alishpagda08@gmail.com4 months ago017 mins

The cloud behind the inflation silver lining Even upbeat economic news can offer little comfort to markets and the C-suite. Stocks look set to open lower as relief over Wednesday’s better-than-expected inflation report fades, and concerns grow that a trade war could sap consumer spending and corporate profits. That’s led more corporate chiefs to speak…