Silver Lake and Davidson Kempner face off over ecommerce start-up

Two of Wall Street’s most aggressive investment firms are battling over the control of a troubled ecommerce start-up, underlining how even companies buckling under high interest rates and a weakening economy remain prime targets for creative financiers.  Vacasa, a publicly traded vacation rental marketplace once worth billions, last week accepted a sweetened buyout offer worth…

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DOGE’s Victims Could Be Europe’s Gain

Analysis DOGE’s Victims Could Be Europe’s Gain Vast U.S. human capital is now available. Europe—and the future trans-Atlantic relationship—could benefit. By Cornelia Woll, President of the Hertie School and Professor of International Political Economy, and Goran Buldioski Elon Musk’s X account displayed on a smartphone in front a European Union flag in Brussels on Jan….

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Big Four accountants attack IRS over ‘capricious’ US tax treatment of Coca-Cola

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deloitte, PwC and KPMG have launched a scathing attack on the Internal Revenue Service, which they accused of “a pattern of arbitrary, capricious and unreasonable conduct” towards multinational companies that risks eroding confidence in the…

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America’s Universities Could End up Zombies

Argument An expert’s point of view on a current event. America’s Universities Could End up Zombies U.S. higher education is the envy of the world—but, with state interference, maybe not for long. Cook-Steve-foreign-policy-columnist4Steven A. Cook By Steven A. Cook, a columnist at Foreign Policy and the Eni Enrico Mattei senior fellow for Middle East and…

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