The husband-and-wife team atop Soho China had already been keeping a lower profile than they did during an earlier, freer era of the country’s economic revival. Now they are selling their real estate business to Blackstone.
The I.R.S. almost never audits private equity firms, even as whistle-blowers have filed claims alleging illegal tax avoidance.
Oatly, maker of dairy alternatives, could be worth $10 billion when it lists on the stock market this week. The share sale is a barometer of changing consumer preferences.
Dividend recaps, a kind of borrowing long condemned for loading up companies with debt for the benefit of their private equity owners, has surged.
Silicon Valley techies and Wall Street titans have bought homes and moved businesses there in the pandemic, coaxed by an eager mayor.
Business is about accountability.
As the government rolls out trillions of dollars in emergency stimulus funds, a push by the industry has met with only modest success.
Fearful of the more progressive candidates, some finance executives had sidelined themselves from the elections until Mr. Biden surged.