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Nordstrom Family Weighs Taking Retailer Private
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Private equity firms step up plans to edge banks out of low-risk lending
Apollo issues record $40bn of loans in the first quarter, mirroring growth at rivals including KKR and BlackstoneFinancial Times - Business -
Tommy Dorfman wed 'private' person Elise Williams in a secret Santa Monica ceremony
Tommy Dorfman and wife are ready to begin 'celebrating [their] love with the world' after revealing their spur-of-the-moment 2023 elopement.Los Angeles Times - Entertainment -
Israeli Officials Weigh Sharing Power With Arab States in Postwar Gaza
Though likely to displease both Israel’s right wing and many Arab states, it signals that Israel is thinking about the future, and could inform future talks.The New York Times - World - Israel -
Biden weighs in on protests, line between free speech and chaos
President Joe Biden responded to growing political pressure as protests continue across college campuses, walking a line between free speech and desire for law and order. “There's the right to protest, but not the right to cause chaos,” he said. ...NBC News - Politics - Joe Biden
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America's War Machine Runs on Rare-Earth Magnets. China Owns That Market.
China dominates the market, but U.S. defense needs are pushing a revival effort after decades of deindustrialization.The Wall Street Journal - Business - China -
Elon Musk Tries to Make Himself Indispensable at Tesla Ahead of Pay Vote
The CEO is shifting the EV maker’s strategy and suggesting that he could take his ideas on AI elsewhere.The Wall Street Journal - Business - Elon Musk -
Bombardier Sets Course Beyond Jet Making for Future Growth
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.The Wall Street Journal - Business -
AI Could Breathe Life Back into Apple's iPhone Sales
Apple — and investors — are looking to artificial intelligence to breathe new life into its offerings, particularly as iPhone sales continue to sputter.The Wall Street Journal - Business - Apple -
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - Business