Workday’s stock sees a record surge. Could a buyout spark a software revival?
Shares of the HR software company rose 18% on Thursday on reports of a potential private-equity acquisition.
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President Donald Trump on Saturday threatened to push forward with a fund to compensate his allies if two Republican holdouts will not support his nominee for attorney general, injecting fresh uncertainty into a Senate confirmation vote planned for next weekand underscoring once more his interest in securing payouts for supporters who feel unjustly persecuted. Trump asserted in his…
Tax Fraud Blotter: Took the internet by storm
That’s entertainment; false, fictitious and fraudulent; dismantled conspiracy; and other highlights of recent tax cases. Processing Content Miami: A Florida man pleaded guilty to evading taxes on millions in income that he earned from business ventures that sold internet access to American servicemembers and contractors stationed abroad. Between 2013 and 2018, Joseph Stewart, of Miami,…
Copley Equity-backed FMG Leading snaps up Broadbranch Advisors
FMG Leading helps PE-backed healthcare companies design and test value creation and growth strategies. Copley Equity Partners invested in FMG Leading in 2022. Broadbranch Advisors provides companies with data and research on their markets and competitors to support strategic decision-making. FMG Leading, a healthcare investment-focused advisory firm backed by Copley Equity Partners, announced the add-on…
Rotunda-backed RMH Systems snaps up material handling integrator Top Shelf
The acquisition marks RMH’s second add-on since partnering with Rotunda Capital Partners in February 2025 Top Shelf founder Tim Neroni will remain onboard to lead the Ohio operation RMH Systems, a portfolio company of Rotunda Capital Partners, has acquired Top Shelf, a Columbus, Ohio-based material handling integrator. No financial terms were disclosed.
The average stock is having a moment as semiconductors struggle. It’s a sign of a healthy market.
It has been a good week to be average on Wall Street.
OpenAI Pauses Some Work on New Astra Model on Cyber Concerns
OpenAI is pausing some internal work around one of its upcoming artificial intelligence models to implement stricter safeguards after the system was found to be significantly more adept at cybersecurity tasks. The ChatGPT maker said on Friday it “cannot rule out” that the unreleased Astra model would reach OpenAI’s “critical cybersecurity threshold,” meaning it’s capable…
