Deal Archives - DR News - News, Retirement, Finance

Healthcare Investment Surges in India Amid Overall Private Deal Contraction

New Delhi, India – Private equity and venture capital investors are increasingly eyeing the Indian healthcare sector, drawn by the growing expenditure on medical services in the country with the largest population in the world. This surge in investment shines a beacon of hope in an otherwise subdued landscape of overall deal activity. According to a report by Bain & Company, investments in India’s health and pharmaceutical industry reached approximately $5.5 billion in 2023, marking …

UMG Strikes ‘Multi-Dimensional’ Deal with TikTok, Paving the Way for Return of Top Artists

Los Angeles, California – Universal Music Group and TikTok have recently reached a comprehensive agreement, allowing UMG’s lineup of artists like Taylor Swift, Drake, and Olivia Rodrigo to once again connect with over one billion TikTok users. The music giant had temporarily removed its catalog from the platform back in February due to contract-related issues. The new deal not only marks the artists’ return to TikTok but also addresses concerns regarding generative AI within the …

Beckham Sues Wahlberg Over $10 Million F45 Deal Debacle

Los Angeles, California – Soccer icon David Beckham is taking legal action against actor Mark Wahlberg over alleged losses stemming from a failed brand deal with F45 Training. The fitness company, in which Wahlberg holds a 36 percent stake and serves as the chief branding officer, is at the center of the dispute. Beckham’s firm, DB Ventures, claims that the former Manchester United player was deceived by Wahlberg, leading to financial losses. The lawsuit alleges …

Johnson Defies Biden, Casts Doubt on Border Deal for Ukraine Aid

Washington, D.C. – As the political tug-of-war over Ukraine aid and border security continues, Senator Johnson stands firm in his opposition to a proposed deal, defying the Biden administration’s efforts to unlock the much-needed assistance. The negotiations between Congress and the White House have hit a roadblock, with no clear resolution in sight. The standoff has sparked tensions between lawmakers, with House and Senate Republicans at odds over the issue. Johnson’s unwavering stance on border …

AustralianSuper to Nearly Double Private Equity Assets Amid Increased Deal Activity

Melbourne, Australia – AustralianSuper, the largest pension fund in the country, has announced plans to significantly increase its private equity assets in the coming years. This decision comes as the market sees a resurgence in deals, following a period of stagnation due to rising borrowing costs. With assets totaling A$330 billion ($215 billion), AustralianSuper aims to raise its private equity allocation from the current 5% to as high as 9% of its portfolio. Chief Investment …

AI Comedy Special Impersonating George Carlin Settles with Estate in Landmark Deal

Los Angeles, California – The estate of late comedian George Carlin has recently come to a settlement with the creators of a comedy special that utilized artificial intelligence to mimic the iconic comedian. In a proposal awaiting approval from a Central District of California judge, the team behind the controversial special “George Carlin: I’m Glad I’m Dead” has agreed to permanently refrain from sharing the hour-long YouTube video on any platforms and to cease using …

Exclusive: Lawmaker Protests Singapore’s ‘Eras Tour’ Deal with Taylor Swift Promoter

Washington, DC – A lawmaker in the Philippines is raising concerns over an exclusivity deal reportedly struck between the government of Singapore and concert promoter Anschutz Entertainment Group (AEG) regarding Taylor Swift’s ‘Eras Tour’ in Southeast Asia. Joey Salceda, a member of the center-right Lakas–CMD party in the Philippines’ House of Representatives, has called on his nation’s Department of Foreign Affairs to formally protest the deal. He argues that the arrangement between Singapore and AEG, …

Meghan Markle Receives Criticism for Lemonada Media Deal, Kinsey Schofield Slams the Duchess

LOS ANGELES, CALIFORNIA – Meghan Markle, the Duchess of Sussex, has recently made headlines with her new podcast deal with Spotify. This move comes after her decision to part ways with the streaming platform and find a new home for her audio content. Markle’s podcast, titled ‘Archetypes,’ has found a new host after her departure from Spotify. The former royal’s venture into podcasting has generated significant buzz, prompting discussion and speculation around the content and …

Republicans Outraged Over Leaders Backing Bipartisan Tax Deal

Washington, D.C. – House Republicans are expressing frustration and anger as party leaders throw their support behind a bipartisan tax deal. The deal includes an expansion of the child tax credit, a move that is causing concern among some Republicans. The proposed changes to the child tax credit and the potential impact on families are also being discussed. Speaker Johnson has announced his intention to bring the bipartisan tax package to the House floor, signaling …

Retirement Specialist Teresa Ghilarducci on the Gray New Deal and the Broken U.S. Retirement System

NEW YORK, NY – Retirement expert Teresa Ghilarducci is advocating for a “Gray New Deal” to improve job and pension prospects for older Americans. Ghilarducci, a professor at the New School for Social Research, asserts that older adults should not feel ashamed about the size of their retirement accounts and should not be required to work during retirement. According to Ghilarducci, the current U.S. retirement system is failing employees, particularly those in middle- and lower-income …