Macy’s

Consumer

Macy’s Says Accounting Worker Hid $154 Million in Expenses

Photo by Phillip Pessar via CC BY 2.0

Macy’s shocked markets Monday when it discovered a single worker hid up to $154 million in delivery expenses over the last three years.

2 min read

Photo by Anthony Quintano via CC BY 2.0

Consumer

Macy’s Says No to Private Equity Buyout. Now What?

The board of directors for Macy’s unanimously voted to end negotiations with Arkhouse and Brigade to take the company private.

1 min read

Photo by Kārlis Dambrāns via CC BY-SA 4.0

International Economics

China Brings in Subsidies for Smartphones

On Friday, Beijing announced that a trade-in program that previously applied to big appliances and cars will now be widened to smartphones.

1 min read
Photo by David Vives via Unsplash

Private Equity

Will Private Equity Fuel a Big Year for IPOs?

As the New Year rolls in, Wall Street is preparing for a slew of listing announcements from private equity-backed firms.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Rawpixel via Freepik

Private Equity

All in the Franchise: Why Private Equity Loves the Business Model

It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.

6 min read

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