California’s long-running love affair with “direct democracy” will be tested in the November election as entrepreneurs and interest groups seek voter approval of nine initiatives, two of which have national implications. Proposition 23 would suspend California’s unique global warming law, which seeks to cut the state’s greenhouse gas emissions to 1990 levels by 2020. The [...]
It has been 25 years since West Virginia had an open Senate seat, so Monday night’s debate was a bit of a novelty for Mountain State voters. But the four Senate hopefuls wasted little time in the hourlong debate to make the case that they should win the special election to fill remaining two years [...]
When it comes to initial public offerings, the reach of many companies is far exceeding the market’s grasp. DealBook’s Peter Lattman reported a month ago on the huge backlog of I.P.O.’s that have been filed and are waiting to go to market. Now, Thomson Reuters has data showing the volume of postponed I.P.O.’s worldwide has [...]
Affiliated Managers Group, the owner of stakes in more than two dozen money managers, is expected to announce Monday that it has agreed to buy a majority stake in New York-based Trilogy Global Advisors, a firm with $12 billion in assets under management, people with direct knowledge of the deal told DealBook on Monday. Terms [...]
NEW YORK — At a conference traditionally dominated by international concerns, First Lady Michelle Obama chose instead to focus on an issue much closer to home in her speech Thursday that closed the sixth annual Clinton Global Initiative. Drawing on one of the event’s themes of “Harnessing Human Potential,” Mrs. Obama encouraged the audience of [...]
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