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  • 2 weeks ago | wsj.com | Ben Glickman

    Private-equity firm Providence strikes a deal to buy live-event logistics company GCLProvidence Equity Partners struck a more-than $1 billion deal to acquire a live-event logistics company that has worked on Taylor Swift and Beyoncé’s tours, according to people familiar with the matter.

  • 2 weeks ago | wsj.com | Ben Glickman

    Strava, whose valuation includes debt, says it acquired cycling app The BreakawayStrava, the popular running and exercise app, has completed a fresh round of fundraising valuing the business at $2.2 billion including debt, Chief Executive Mike Martin said. The company is also announcing its second acquisition in two months. Expansion during pandemicThe app surged in popularity during the Covid-19 pandemic, when people were going outdoors more for exercise, and has continued to ride health trends.

  • 2 weeks ago | wsj.com | Ben Glickman

    Private-equity firm Providence is near a deal to buy live-event logistics company GCLProvidence Equity Partners is nearing a more-than $1 billion deal to acquire a live-event logistics company that has worked on Taylor Swift and Beyoncé’s tours, according to people familiar with the matter. Led Zeppelin rootsThe private-equity firm is close to acquiring GCL, or Global Critical Logistics, from fellow buyout firm ATL Partners, the people said.

  • 2 weeks ago | wsj.com | Ben Glickman

    Citigroup Chief Executive Jane Fraser says market activity suggests CEOs are delaying major decisions. (Mike Blake/Reuters)Citigroup chief Jane Fraser says that tariffs are already reshaping the economy, and could thrust the world into a new era defined more by self-interest than by cooperation.

  • 2 weeks ago | wsj.com | Ben Glickman |Dean Seal

    Commerce secretary also sells more than $360 million in stock back to his former companiesCommerce Secretary Howard Lutnick is handing ownership of the Wall Street firm he ran for over three decades to his children and selling his stakes in other parts of his empire for over $360 million. Cantor Fitzgerald said Monday that Lutnick would transfer his ownership of the company to trusts benefiting his adult children.

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Ben Glickman
Ben Glickman @BenGlickman
8 May 25

Popes named Leo have - started the holy roman empire - overseen the East-West schism in Christianity - excommunicated Martin Luther I'm sure everything will be cool and normal this time tho

Ben Glickman
Ben Glickman @BenGlickman
5 May 25

Someone should ask Tom Cruise his thoughts on this executive order because the guy basically never speaks out on even vaguely political issues unless it directly affects The Movies (Trump approval rating 16 points underwater, Tom Cruise +41) https://t.co/OfLbcvlTrG

Ben Glickman
Ben Glickman @BenGlickman
1 May 25

Two trips to the hospital, 110 hour workweeks and a pizza-party scolding. Over a dozen departures at the junior level since the start of last year. @ajsaeedy and I wrote about the working conditions for juniors at Baird industrials. https://t.co/Z2H0kJxj8L