Benjamin R. Punongbayan already loomed large in the public accounting profession then, but was the David going against the Goliath in the industry when he cofounded the company with veteran banker Jose Araullo. “The way we looked at it, we were going to be successful, so why lease a small
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Blackstone Group LP, which scored big four years ago when a company it owned sold New York's Waldorf Astoria hotel for a record-setting price to a little-known Chinese insurer, may soon get a chance to own the iconic landmark again. The U.S. private equity firm has held initial discussions about
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Of the 113 Pratt-powered aircraft in operation worldwide, about 30 percent are equipped with either one or two flawed engines, the planemaker said in an emailed response to questions from Bloomberg News on Monday. The issues are different from faults that have previously afflicted the engine type
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The Information Commissioner's Office (ICO) took down its website after a warning that hackers were taking control of visitors' computers to mine cryptocurrency.
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Brian Eckhouse, Bloomberg Technology. Infrastructure funds agreed to snap up two clean-energy companies in the past week, both with billion-dollar deals. And they're hungry for more. Funds are raising billions of dollars from institutional investors for assets including renewables. As the economics of
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