McKinsey’s wholly owned hedge fund affiliate, MIO Partners, holds indirect stakes in addiction treatment centers and a maker of overdose treatments.
Category Archives: business
Super Bowl ads went for light humor. Not all succeeded.
Bruce Springsteen, Drake and Timothée Chalamet were among the celebrities featured in commercials.
Fox News Media cancels highly rated 'Lou Dobbs Tonight' over election conspiracies
The host used his show to support former President Donald Trump’s election conspiracies, prompting a $2.7 billion defamation lawsuit.
Latino-owned businesses are seeing record growth. Big banks are still not funding them.
Latino business revenue growth should be a key metric in helping them gain capital, “but they continue to fall short,” says Stanford University research analyst Marlene Orozco.
U.S. economy gains just 49,000 jobs in January as Biden pushes $1.9 trillion relief package
“We’re still in the dark days of winter with respect to the pandemic and the economy,” one economist said.
New online platform 'Nearby' wants to help small businesses compete with Amazon
Since there was no website where locals could “buy things from the shops in your own local hometown, and get them delivered to your doorstep,” one woman founded a company that does just that.
Top financial regulators believe markets 'resilient,' after Yellen meeting
While some bystanders cheered the online antics of the Reddit-fueled stock rally, the episode exposed several exploitable angles in the financial market.
Despite a pandemic winter, economists see green shoots
“It shows the resiliency of corporate America and how they’ve been boosted by fiscal and monetary stimulus,” one analyst said.
Inside the Bezos exit: What Amazon workers think about the leadership shakeup
AWS workers praise the incoming CEO, Andy Jassy, although some remain concerned about work conditions.
After GameStop mania, regulators set to review what led to market volatility
“I hope there is an investigation. I want complete transparency,” said the head of one trading app.