Infrastructure from Investment Backwater to A 1tn Asset Class
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America needs to treat ‘the cloud’ as critical infrastructure
Microsoft’s cut-throat approach is a national security risk the United States cannot abide.The Hill - Politics -
Oaktree Spins Out Transportation-Infrastructure Group
Two senior Oaktree executives have formed Duration Capital Partners with $3.65 billion in infrastructure assets, people familiar with the matter said.The Wall Street Journal - World -
‘This is a unique time’: ARK Invest’s chief futurist tackles tech innovation from AI to robotics
ARK Invest's chief futurist Brett Winton lists five groups in the heart of tech innovation.CNBC - Business -
The screws are turning on Russia’s state assets
EU resistance to confiscation is unsustainableFinancial Times - World - Russia -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
LSE Group investors back doubling chief’s pay to US levels
David Schwimmer could earn up to £13.1mn this year and become one of the best-paid FTSE 100 executivesFinancial Times - Business -
PwC picks consultant Marco Amitrano as next UK senior partner
Big Four firm names new head after three-way race that included female candidates for first timeFinancial Times - Business - United Kingdom -
The new class war: A wealth gap between millennials
The surge in wealth among millennial heirs is creating new markets for wealth-management firms, luxury companies, travel firms and real estate brokers.CNBC - Business -
The new class war: A wealth gap between millennials
The wealth gap between rich millennials and the rest of their age group is the largest of any generation, creating a new wave of class tension and resentment, according to a recent study.NBC News - Top stories -
Why ARK Invest thinks it’s an 'amazing time' to invest in cutting-edge tech
ARK Invest's Brett Winston is betting big on private tech companies for long-term gains.CNBC - Business -
Is it too late to invest in the gold rush?
Demand from China drove prices to a record high this month — now many suspect the normal rules no longer applyFinancial Times - Business -
Is it too late to invest in the gold rush?
Demand from China drove prices to a record high this month — now many suspect the normal rules no longer applyFinancial Times - World -
As rumors swirl about her successor, UK ambassador holds court
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Big asset managers adopt ‘vulture’ tactics in distressed debt fights
Loosening credit agreements mean traditional investors who once could avoid messy legal battles are having to evolveFinancial Times - Business -
Big asset managers adopt ‘vulture’ tactics in distressed debt fights
Loosening credit agreements mean traditional investors who once could avoid messy legal battles are having to evolveFinancial Times - Business -
House approves bill to divest TikTok, freeze Russian assets
Politico - Politics - Russia -
World War II History Haunts Attempts to Seize Russian Assets
Berlin is one of the strongest opponents of a U.S.-led initiative that would funnel frozen Russian funds to help rebuild Ukraine and bolster its armed forces.The Wall Street Journal - World - Russia -
Microsoft's profit rose last quarter as AI bolstered demand for its software and cloud services, prompting the company to spend heavily on infrastructure to accommodate the appetite for the technology.
Microsoft’s profit rose last quarter as AI bolstered demand for its software and cloud services, prompting the company to spend heavily on infrastructure to accommodate the appetite for the technology.The Wall Street Journal - World -
They Entered College in Isolation and Leave in Protest: The Class That Missed Out on Fun
The pandemic left many students anxious and lonely, still choosing to go to class online, watch games on their phones and eat meals in their rooms. ‘We’ve never had a calm time when we can just focus on being kids.’The Wall Street Journal - World -
How to Snag a First-Class Seat With Credit Card and Airline Points
Some frequent fliers insist you should only use your precious credit card points on first-class flights. New award-flight search companies help you figure out how.The Wall Street Journal - World -
MP hits out at 'spoilt middle-class climate clowns'
A Cumbrian MP's office is plastered in posters by Just Stop Oil protesters, leading to arrests.BBC News - Top stories - Climate -
China's middle-class sees decrease in confidence as economy faces slowdown
NBC News' Janis Mackey Frayer speaks with a 39-year-old Beijing resident who is navigating being laid off from an internet company while the middle-class in China decreases.NBC News - Top stories - China -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Honda Commits to E.V.s With Big Investment in Canada
The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.The New York Times - Business -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
3 gold investing mistakes to avoid right now
Looking to make a successful investment in gold? Then be sure to avoid making these simple mistakes.CBS News - Top stories -
Gold's price is high. Is it still safe to invest in?
Gold has long been thought of as a safe investment. But is it still safe after recent price growth? Find out here.CBS News - Top stories -
‘The working class can’t afford it’: the shocking truth about the money bands make on tour
As Taylor Swift tops $1bn in tour revenue, musicians playing smaller venues are facing pitiful fees and frequent losses. Should the state step in to save our live music scene?. When you see a band playing to thousands of fans in a sun-drenched ...The Guardian - World -
NFL Draft: What's the record for receivers selected in first round? 2024 class could set new mark
This year's class could break the recordCBS Sports - Sports - NFL -
NFL Draft: What's the record for QBs selected in first round? 2024 class could set new mark
How many quarterbacks will be selected on Thursday night?CBS Sports - Sports - NFL -
Rock & Roll Hall of Fame's latest class includes Mary J. Blige and Cher
Mary J. Blige, Cher, Foreigner, A Tribe Called Quest, Kool & The Gang, Ozzy Osbourne, Dave Matthews Band and Peter Frampton have been named to the Rock & Roll Hall of Fame.CBS News - Entertainment -
2024 NFL Draft closes chapter for COVID-wrecked 2021 recruiting class defined by visit bans, canceled season
For better or worse, the Class of 2021 finally gets the (in-person) stage it deservesCBS Sports - Sports - NFL -
A $100,000 salary no longer buys you a middle-class lifestyle. Here’s why it costs so much more now.
“We’re definitely not doing what you would think somebody with our income could do with the money,” one six-figure earner said.MarketWatch - Business -
Think the NFL's rookie WR group will be good? College football's freshman class in 2024 season should rival it
No. 1 recruit Jeremiah Smith headlines our five-pack of elite receivers who could lead the way in the 2027 or 2028 NFL DraftCBS Sports - Sports - NFL