Entries by News Desk

Advisory Board Co sells health, education businesses for $2.6bn

US-based consulting and research firm Advisory Board Company said Tuesday it will sell its education business to affiliates of investment firm Vista Equity Partners and its healthcare business to health-services company Optum, in deals valued at a collective $2.6bn. Advisory shareholders will get an estimated $54.29 per share, including a fixed price of $52.65 and […]

Amazon Studios boss Roy Price resigns following Weinstein allegations

Amazon Studios boss Roy Price has resigned from his role after becoming embroiled in the string of sexual allegations that have emerged against Hollywood producer Harvey Weinstein. The company’s head of video content was recently put on “indefinite leave” after he was accused of ignoring actress Rose McGowan’s claims that Weinstein raped her. According to […]

Mortgage Rates: Down On Low Inflation

Average rates on 30-year and 15-year fixed-rate mortgages fell three basis points, and the 5/1 ARM declined one basis point, according to a NerdWallet survey of daily mortgage rates published by national lenders. The drop in rates followed tame inflation news. The core Consumer Price Index (for items excluding food and energy) was up 1.7% in September compared with […]