equity
Pizza Hut is getting a new owner after years of weak sales and growing questions about the future of one of America’s best-known pizza brands.Yum! Brands said Tuesday it entered into agreements to sell Pizza Hut for $2.7 billion, splitting the business between two buyers. LongRange Capital, a private equity…
Before some startup founders raise their Series A, they’ll be raising AI tokens. Loading audio narration… OpenAI CEO Sam Altman announced a new offer for Y Combinator’s current batch of founders: fork over some equity, and OpenAI will offer up $2 million in API tokens. YC general partner Tyler Bosmeny…
After years in private equity’s shadow, Wall Street’s biggest banks are reclaiming their status as some of finance’s top-paying employers. Loading audio narration… A new report from compensation consultancy Johnson Associates found that major banks are projected to increase bonuses by 39% from 2022 levels, outpacing wealth management and hedge…
