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Blackstone To Grant Equity To Rank-And-File Employees At US Buyouts: Report

By Shivani Kumaresan
May 22, 6:44 AM
Blackstone is set to grant equity to employees at its U.S. buyout companies, expanding ownership beyond management. Announced at an investor conference, this plan covers new acquisitions and starts with the 18,000 employees of Copeland. To qualify, employees must stay until Blackstone sells or goes public. This initiative follows industry trends promoting broader employee ownership.

AIEQ

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Stocks Falter As Fed Signals Need For Higher-For-Longer Rates; Uber Crashes, Energy Sector Loses Ground: What’s Driving Wednesday’s Market?

By Piero Cingari
May 8, 1:26 PM
Wednesday witnessed a tempering of the bullish sentiment that had buoyed Wall Street in recent sessions, with major indices showing slight declines around midday trading in New York.

ABNB