Beats Music LLC, the subscription streaming service from rapper Dr. Dre and record producer Jimmy Iovine, raised a second round of funding from existing investors, said three people with knowledge of the deal.
Thomas H. Lee Partners LP has told investors it expects to seek $3 billion for its next private- equity fund, less than half the amount it raised for the prior pool that closed in 2007, according to two people briefed on the matter.
Arizona may cut off jobless benefits for about 15,000 people and stop $3 million a week flowing into the economy unless legislators reconvene to revise a law to match federal rules as more than half of U.S. states have.
The U.S. Department of Justice may pursue claims against other lenders after suing Deutsche Bank AG for more than $1 billion, alleging the firm lied while arranging federal insurance on faulty mortgages.
Thomas H. Lee Partners LP, the private-equity firm whose investments include Dunkin’ Brands Group Inc. and Univision Communications Inc., is weighing a $4 billion buyout fund, half the size of its predecessor, according to two people with knowledge of the firm’s plans.