CVC Set to Launch IPO, Seeks Valuation of Up to $16 Billion, Sources Say

The global buyout firm CVC Capital Partners is poised to kick off a share sale in Amsterdam, in the latest sign of a pickup in initial public offerings. 


 
Berkshire Hathaway Buys More Liberty Sirius XM Stock. Trade Not a Winner for Berkshire.

Warren Buffett's Berkshire has been accumulating the tracking stock on nearly every trading session since late March. 


 
The Tesla Cybertruck Has Had a Rough Start. Now Production Is Halted.

Tesla seems to have run into a problem producing its newest model, its oddly-shaped pickup truck. 


 
Franklin Templeton Turns Toward Private Investing as Mutual-Fund Business Shrinks

After a string of acquisitions, the firm now manages more than $260 billion in alternative assets like private credit. 


 
UnitedHealth's Earnings Could Illuminate True Fallout From Cyberattack on Change Unit

Investors might get a better sense of the fallout for UnitedHealth Group when it reports first-quarter earnings results Tuesday. 


 
GE Sells Crotonville, a Training Ground for Generations of Managers

The site where former CEO Jack Welch once held lectures in a sunken auditorium known as "The Pit" will become a conference center. 3M and Boeing are still looking to unload campuses. 


 
Powerful Senator Crafts TikTok Crackdown

Washington Democrat Maria Cantwell has deep experience with tech legislation, while frustrating some colleagues. 


 
$850 Millennium Falcons and $680 Titanics: Grown-Ups Are Now a Gold Mine for Lego

Adult fans of Lego, known as AFOLs, are big business; "Nowadays it's not so geeky." 


 
Will Banks Finally Have to Pay You More for Your Savings?

Deposit costs are still a moving target, even for the biggest banks. 


 
Inside Amazon's Push to Crack Trader Joe's-and Dominate Everything

A secret war room and other tactics fueled the retail giant's rise


(END) Dow Jones Newswires

04-15-24 0115ET