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American Capital Shareholders Should Take Ares' Money And Run
Based on the announced terms of the deal, I think this is the end of the road for American Capital shareholders. While the IRR for holding on is favorable if the deal closes in six months, everything about this company has dragged out for years, and ...
Ares Capital Buys American Capital For $3.4B  FINalternatives
Ares Capital to buy American Capital in deal valued at $3.4 billion  Reuters
Washington Post  
Sports Authority shutting down with giant going-out-of-business sale
Sports Authority, in planning to close all of its stores,is set to launch its going-out-of-business sales this week, according to court documents.
Sports Authority closing; Glenwood Meadows owner hopes for new major sports ...  Glenwood Springs Post Independent
Englewood grappling with likely loss of Sports Authority corporate HQ  The Denver Post
Switzerland Opens Criminal Proceedings Against BSI Over 1MDB Dealings
SINGAPORE—Authorities in Switzerland said Tuesday they have opened criminal proceedings against Swiss private bank BSI SA for “serious breaches” of anti-money-laundering regulations relating to its dealings with Malaysian state investment fund ...
Singapore Shows Spine in Bank Shutdown  Bloomberg
Swiss bank to be shut over Malaysia scandal  USA TODAY
German Investor Confidence Falls as Economic Growth Seen Slowing
German investor confidence dropped for the first time in three months in May in a sign that growth momentum is set to slow amid concerns over a U.K.
German investor morale falls in May as Brexit risks cloud outlook  Reuters
German investor confidence down amid concern over UK vote  Washington Post
GLOBAL MARKETS-Shares climb as markets play Fed waiting game
... * Crude oil edges lower in fifth day of falls. * World shares look to avoid eighth fall in 10 sessions. * Dollar nudges higher amid talk of Fed rate hike.
Will The Fed Drive With Both Feet On The Pedals?  Seeking Alpha
Asian markets slump amid expectations Fed will raise rates  Tulsa World
Like Clockwork: Metro Opens Rail Line, Driver Crashes Into It
With perfect weather and free fares on Saturday, crowds swarmed the new Expo Line extension to Santa Monica this weekend. Things went relatively smoothly, but the big test was the Monday morning commute: Would all those media folks take the train to ...
LA's rail extension adds car-free options for visitors  USA TODAY
Scenes from the first train from Santa Monica to downtown LA in 63 years  Los Angeles Times
Court Tosses Crisis-Era Fraud Fine -- WSJ
An appeals court dealt the Obama administration a major setback in its efforts to levy tough fines on corporations and executives, overturning a civil mortgage-fraud case against Bank of America Corp.
BofA $1.3 Billion 'Hustle' Judgment Tossed by Appeals Court  Bloomberg
Penalty Against Bank of America Overturned in Mortgage Case  New York Times
A meatless burger that bleeds vegetable juices just debuted at Whole Foods
It was the steak dinners, Ethan Brown says, that changed his life. He had embarked on a career in the clean energy industry, a path befitting an environmentalist out to save the world.
Meet the First Vegan Burger to be Sold at the Meat Counter  One Green Planet
Plant-Based, the Beyond Burger Aims to Stand Sturdy Among Meat  New York Times
Billionaire vows to crush Disney in China
HONG KONG (CNNMoney) —One of China's richest men has vowed to crush Disney's big plans for its giant new resort in the country.
Sony Full-Year Forecast Down Following Japanese Earthquakes  Hollywood Reporter
Chinese billionaire Wang Jianlin warns Disney over Shanghai resort  Financial Times
Here's What You'll Pay for Gas This Memorial Day Weekend
AAA expects more than 38 million Americans will travel this Memorial Day weekend. Gas prices during the busy Memorial Day weekend will likely be the lowest since 2005, according to the latest projections from the American Automobile Association.
Hit the Road Jack: Record travel in Carolinas expected  Salisbury Post
Where in Michigan gas prices rose the highest  MLive.com