(Reuters) – Starwood Capital Group and Apollo Global Management (APO.N) have submitted offers to buy an aircraft-financing business owned by General Electric Co (GE.N) that could be valued at about $4 billion, Bloomberg reported on Tuesday, citing people familiar with the matter. GE is working with advisers as it explores a possible sale of PK […]

(Reuters) – Shareholders of WestJet Airlines (WJA.TO) on Tuesday voted in favor of its deal to be acquired by billionaire Gerry Schwartz’s private equity firm Onex Corp (ONEX.TO) for C$3.5 billion. More than 92.5% of the votes cast at the special meeting were in favor of the proposed deal, the company said in a statement. […]

Like many non-Democrats with an interest in both public policy and supernatural religion, I have two favorite 2020 Democratic candidates: Marianne Williamson and Andrew Yang. Williamson is interesting because she helps reveal the spiritual shape of political ideas. Yang is interesting because he’s eager to think well outside the existing policy consensus and propose ideas […]

(Want to get this briefing by email? Here’s the sign-up.) Good morning. We’re covering the ballooning federal budget and the growing protests in Puerto Rico. We’re also looking ahead to Robert Mueller’s scheduled testimony in Congress on Wednesday. A new leader in Britain Boris Johnson, one of the country’s most polarizing politicians, today won the […]

(Reuters) – Private equity firm Catalyst Capital Group Inc on Monday offered to buy an estimated C$150 million stake in Hudson’s Bay Co (HBC.TO), and said it will oppose Executive Chairman Richard Baker’s C$1.74 billion take-private proposal. A shareholder group led by Baker, which collectively owns a 57% stake in Hudson’s Bay, had made an […]

(Want to get this briefing by email? Here’s the sign-up.) Good evening. Here’s the latest. 1. Protesting Puerto Ricans paralyzed San Juan. Filling miles of a major highway, tens of thousands of people demanded that Gov. Ricardo A. Rosselló resign. Organizers hoped the island-wide strikes and rallies would draw a million people — about a […]

This article is part of David Leonhardt’s newsletter. You can sign up here to receive it each weekday. “The world has never had as much debt as it has right now,” Aaron Kuriloff of The Wall Street Journal wrote earlier this year. The world’s combined debts — held by governments, consumers and businesses — has […]

By Adnan Khan Video by Adam Westbrook In 2003, Adnan Khan committed a robbery in which one of his accomplices unexpectedly killed their victim. The prosecutors, judge and jury all agreed Khan did not plan or commit the murder. Yet he was still sentenced as if he had — and given a life sentence. The […]

MANILA — Since taking office just over three years ago, President Rodrigo Duterte has not only overseen a murderous campaign on drug users and sellers. He has also unleashed a brazen assault on the country’s democratic institutions — at times, using his so-called war on drugs as a pretense for going after his political adversaries […]

Are we being hypocrites when it comes to one of our own, Lisa Smith, and her child? We had a National Day of Commemoration on Sunday, July 14, for all Irish men and women who died in all wars. We did not differentiate what war, what side they fought for or the reasons they went […]