apollo global management – Jahanagahi
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Business

Redbox getting swallowed by Chicken Soup For The Soul

red boxphoto: Justin Sullivan/ (Getty Images) Great news for anybody who wants to see some sun-damaged touch screens get livened up by a little good, hearty cheer: Redbox just got itself bought by Chicken Soup For The Soul Entertainment Inc., the company behind eight million books of inspirational sub-Reader’s Digest horseshit, and also, for some […]

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Markets

Stock Turmoil Spreads to Junk Bonds, Hurts Deals

Shock waves from the stock market’s declines are spreading into junk bonds, sending prices tumbling and forcing some companies to cancel new deals. Average prices of US high-yield bonds fell to around 91 cents on the dollar Monday, the lowest level since May of 2020 when pandemic shutdowns slammed the global economy, according to data […]