Apollo Is Considering IPO of Cloud-Hosting Firm Rackspace

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Apollo Is Considering IPO of Cloud-Hosting Firm Rackspace

The private equity firm has held early talks with advisers and may seek to begin the process before the end of the year, said the people, who asked not to be identified because they weren't authorized to speak publicly. Rackspace could have an enterprise value of as much as $10 billion in a U.S. listing,
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How to Grow Your Firm and Monetize Advisory Services

An obvious piece of expertise to monetize is your knowledge of accounting software. Many businesses are looking to make the move to using online accounting software, but aren't sure where to start. Or maybe they're already using QuickBooks Online, Xero, or Sage and they are looking for an expense
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The Financial Crisis Isn't Over for Students

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Noah Smith at nsmith150@bloomberg.net. To contact the editor responsible for this story: Brooke Sample at bsample1@bloomberg.net. Before it's here, it's on the
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One Venezuelan Actually Chose to Come Back Home

Editor's Note: There are few places as chaotic or dangerous as Venezuela. “Life in Caracas” is a new series of short stories that seeks to capture the surreal quality of living in a land in total disarray. On the afternoon of Nov. 19, 2017, I walked off the plane at the Caracas international airport, strolled
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GE Jumps Most in Two Years on Speculation Buffett Will Buy Stake

General Electric stock surges on news Warren Buffett may take a position in the stock. It started swirling through the markets early in the morning. One trader after another passed it on, irrespective of whether there's any truth to it: Warren Buffett, they said they had been told, was apparently interested in
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