Let's paint a little picture of one corporate story in the news this Thursday morning...
Men and women in $4000 suits sitting around a fancy, mahogany-lined boardroom at a big private equity firm.
They're earnestly discussing a new and promising acquisition...
Chuck E. Cheese. You know, the place where "a kid can be a kid?"
An entity connected to Apollo Global Management is buying the restaurant and arcade game chain for $950 million (when the assumption of debt is included)
Chuck E. Cheese -- the restaurant chain with pizza, high-pitched laughter and sometimes tears.
In 1956, Faulkner was given an "undesirable" discharge because he was gay. About a year ago, Faulkner learned he had terminal cancer. The Marines expedited a change in his status and earlier this month Faulkner's discharge was changed to "honorable." He died Tuesday at the age of 79.
If you've got a newer car, chances are it's got GPS. That's useful, but it also might be collecting data on you. A Ford executive recently stirred up controversy when he said the automaker knows when drivers of its cars break traffic laws.
Alan Mulally, Ford's CEO, later said that Ford doesn't track cars -- and won't even down the road. He also called for better privacy laws as cars add new location-based technology.
Ryan Calo, Law Professor at the University of Washington, joins Marketplace's Mark Garrison to discuss.