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Del Frisco's Restaurant Group sells for $ 650 million to private equity firm | Mergers and acquisitions

Irving steakhouse chain co-founded by "Queen of Steaks" Dee Lincoln has been sold for $ 650 million to a private equity firm in Connecticut, which heavily invests in restaurant brands. Cash Deal Monday with L Catterton, the company that has invested in other restaurant brands like Cheddar's Scratch Kitchen, Uncle Julios and PFChangs. L Catterton pays $ 8 per share …

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Oxford University accepts £ 150m from the US private equity chief

Image Rights Getty Images Caption The multi-billionaire Stephen Schwarzman is a confidant of President Trump The largest single donation to a British university went to Oxford for a new institute dealing with the ethics of artificial intelligence. Stephen Schwarzman, a US private-equity billionaire who advised Republican presidents such as Donald Trump, has given the university 150 million pounds. A new …

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Shutterfly signs a private contract with Apollo Global

Shutterfly office in Santa Clara, California. Karen Desjardin | Getty Images Shutterfly, a digital imaging company, announced Monday that it has agreed to acquire the private equity firm Apollo Global Management for $ 2.7 billion. Apollo Funds acquires all outstanding shares of Shutterfly for $ 51 per share in cash, representing a premium of approximately 1.5% to Shutterfly's closing price …

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NASA opens the ISS for commercial and private astronauts

Today, NASA executives announce that the space agency will open up parts of the International Space Station for more commercial opportunities, allowing businesses to use the space station's facilities in unprecedented ways, such as turning commercials or movies against the backdrop of space. NASA also calls on the private space industry to send in ideas for habitats and modules that …

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Employment growth nearly comes to a standstill in May – the number of private employees rises by 27,000

Job creation nearly came to a standstill in May, which is another sign that US economic slowdown is slowing down. According to a report from Wednesday's contract processing firm ADP and Moody's Analytics, companies created just 27,000 new jobs during the month, far below Dow Jones estimates of 173,000. The value was the worst since the beginning of economic expansion, …

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America's first private moon lander wants to be made in India – Quartz

The first US lunar lander in the 21st century will be designed in India, the result of NASA's new willingness to outsource production of its space vehicles. NASA says it will spend more than $ 250 million hiring private companies to transport scientific missions to the moon. Three companies-Astrobotic, Intuitive Machines, and Orbit Beyond- These privately-operated missions, part of the …

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Meet the first private companies NASA has selected to deliver things to the moon – TechCrunch

The National Aeronautics and Space Administration has selected Astrobotic, Intuitive Machines and Orbit Beyond as the first three private companies to deliver scientific and technological payloads under the Commercial Lunar Payload Service (CLPS) as part of their Artemis program. In a statement yesterday, the government said every lander will carry payloads provided by NASA to conduct scientific research and demonstrate …

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Warren Buffett's private lunch auction receives winning bid

Berkshire Hathaway CEO Warren Buffett is now over an anonymous person in a bid to win $ 4,567,888. The bid surpassed last year's, which was $ 3.3 million, and exceeded the previous record , which was $ 3,456,789, according to The Wall Street Journal. Buffett at Smith & Wollensky steakhouse in New York City. The founder of the steakhouse makes …

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Builders of private border walls should stop

Sunland Park spokesman Peter Ibarbo told CNN that the project does not have the necessary approvals to proceed as an application was incomplete. "The rules apply to everyone," Ibarbo said. "That's the process." The chief inspector of the city is scheduled to visit the construction site on Wednesday to determine the next steps, Ibarbo said. Brian Kolfage, whose GoFundMe campaign …

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Group says it is building its own border wall on private land

"Strap on, we're just starting!" The group wrote in a Facebook post in which it said they were pictures of construction work on the weekend. On Monday night, a CNN team watched as heavy machines rumbled over the construction site near the New Mexico-Texas state border near El Paso. Kris Kobach, former Foreign Minister of Kansas and longtime immigration hardliner, …

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