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Posts made in May, 2014
Private equity firm Apax Partners is continuing its long running search for a buyer for Epicor, an enterprise resource planning (ERP) software vendor. The firm first bought Epicor for $2 billion in 2011, an investment that seems to have paid off somewhat after the ERP company generated over $1 billion in revenue in 2013. Despite...
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Financial experts agree; it is safe to say that the financial crisis of 2008 is over. Law professor and former assistant Treasury secretary Michael S. Barr, however, believes that it is only a matter of time until Americans experience another financial crash — and the next financial crisis will be wholly our fault. The first...
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One of George Harrison’s guitars, amongst other Beatles and rock memorabilia, is going to be sold at Julien’s Auctions sale on May 17 at Manhattan’s Hard Rock Cafe. The 1962 Rickenbacker 425 is estimated to go for a staggering price upwards of $600,000. The auction is also set to feature Jimi Hendrix’s...
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MSNBC’s Morning Joe co-host Joe Scarborough got a bit too impassioned about Andrea Peyser’s opinion piece on Monica Lewinsky. What started as a fair defense of the infamous intern segued into caustic over-generalizations. Scarborough ultimately described “you women’s rights ladies” as...
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This winter’s brutally cold “polar vortex” caused energy prices to go up for many Americans — but a growing fragility in the U.S. energy system could make the cost of energy continue to increase indefinitely, an April 25 article in the Los Angeles Times reported. A recent study predicted that the cost of...
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