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Carvana, Used Car Dealer, Reaches Deal to Restructure Debt

Most of the company’s bondholders have agreed to accept bonds that are worth less than what they were owed but that are secured against real estate and other assets.  » mehr lesen

Jaguar Land Rover’s Owner to Build Battery Plant in England

The factory, made possible by government subsidies, could produce nearly half of the electric-car batteries needed in Britain by 2030.  » mehr lesen

U.K. Inflation Rate Slows to 7.9 Percent

The larger-than-expected slowdown, led by motor vehicle fuel prices, offers some relief to the government and the Bank of England.  » mehr lesen

The FTC and Justice Department Aren’t Backing Down From an Antitrust Fight

New guidelines show that despite legal setbacks, top competition officials intend to maintain a tough approach to takeovers and technology giants.  » mehr lesen

Microsoft and Activision Delay Deal to Settle UK Regulatory Issues

The extension is likely a signal that the companies believe they will eventually receive needed approvals.  » mehr lesen

Kim Kardashian’s Skims Is Now Worth $4 Billion

As the apparel company prepares to expand into physical stores and men’s clothing, its latest funding round may spur questions about when it intends to go public.  » mehr lesen

As Sunak Makes His Case to Britons, the Economy Could Undermine It

Britain’s Conservative government faces a morass of problems, some new, others longstanding, that are stymying Prime Minister Rishi Sunak.  » mehr lesen

Angelo Mozilo, Whose Mortgage Giant Fell in Housing Bust, Dies at 84

He built Countrywide Financial into the country’s largest mortgage lender, but its increasingly risky loans helped precipitate the 2008 financial crisis.  » mehr lesen

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