Even as big private equity firms suffer serious public image problems, some investment groups that buy up small to mid-sized businesses say they consider those companies to be partners, not resources to pillage. Bob Moon reports.
The crisis in the subprime mortgage market continues to take its toll on Wall Street. Merrill Lynch will sell off the assets of two hedge funds that relied on subprime loans that are now going south. Amy Scott reports.
Rupert Murdoch is reportedly offering to make an old-fashioned swap. He'll give away MySpace for a 25 percent stake in Yahoo. It's about making moolah, says Dan Sabbagh who broke the story for the also News Corp-owned Times of London.
Profits are soaring at private equity firms around the globe, but as more and more jobs are cut and news of their substantial tax advantage makes headlines, private equity's popularity keeps sinking further into the mud. Stephen Beard has details.
Wendy's has made it official: It's hanging out the "for sale" sign. But the fast food company's been hinting that it might be looking for a buyer since April and speculators may have pushed the stock price too high. Jill Barshay reports.
Yahoo CEO Terry Semel stepped down today and the company named co-founder Jerry Yang to take his place. We tracked down Fortune magazine's Adam Lashinsky on the roads of Silicon Valley to size things up.
Some lawmakers are moving to make sure one of the world's biggest private-equity firms can't take advantage of tax laws by becoming a publicly-traded company. Steve Henn reports.
It hasn't gone unnoticed by Congress that private equity firms are starting to go public. Or that they pay less than half the tax rate public companies do. So yesterday it introduced a bill to even the playing field. Steve Henn reports.
JP Morgan Chase said today it's moving back to Lower Manhattan at the World Trade Center site. Officials hope it will lure other businesses to locate there, too. But Alisa Roth reports the bank didn't come cheap.
