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 […]
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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 […]
North Korea is so weak its economy might not last long under tough United Nations sanctions, a high-ranking defector said Monday in his first public speaking engagement in the U.S. The former insider’s view of dictator Kim Jong Un’s oppressive regime comes just as North Korea’s deputy U.N. ambassador stepped up the tough talk. “Nuclear […]
Legal and political considerations are obviously intertwined in the debate about a financial settlement as the UK prepares to leave the EU. But it is possible to separate them in some respects. Article 70 of the Vienna Convention on the Law of Treaties states that the termination of a treaty… “does not affect the right, […]
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 […]
Prime minister and Brexit secretary to meet Jean-Claude Juncker and Michel Barnier in attempt to break stalemate. Theresa May and David Davis will make a surprise visit to Brussels for a private dinner with the European commission chief, Jean-Claude Juncker, and the EU’s top Brexit negotiator, Michel Barnier, in a diplomacy blitz before a crucial […]
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