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Todd Boehly’s investment house in advanced talks to buy private credit firm
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Private Equity Warms Up to Clean-Energy Tax Credits
Private-equity firms are beginning to tap a nascent market for clean-energy tax credits, betting on a boost to returns from helping project developers get better terms for the tradable credits.The Wall Street Journal - World -
Now everyone hates private equity I’ll buy some
And I’ve found a way to do it that avoids the insane feesFinancial Times - World -
Shoppers are taking on credit-card debt to buy groceries. That’s ‘a canary in a coal mine.’
As grocery prices rise, one in four adults who pay for food with credit cards are carrying debt.MarketWatch - Business -
British investor in talks to buy 49% share in Teesside International Airport
Michael Flacks wants to transform the facility into a cargo, repair and maintenance hubFinancial Times - World -
Garland in House spotlight as panels vote on advancing contempt of Congress resolutions
Politico - Politics -
China Says It Will Start Buying Apartments as Housing Slump Worsens
Signaling growing alarm, policymakers ramped up efforts to stem a continued decline in real estate values.The New York Times - Business - China -
Trex, a maker of weatherproof decking, will invest $450 million to boost capacity and give the company a firm footing in the South, bucking forecasts for a decline in home-improvement spending.
Trex, a maker of weatherproof decking, will invest $450 million to boost capacity and give the company a firm footing in the South, bucking forecasts for a decline in home-improvement spending.The Wall Street Journal - World -
Body shaming, IQ insults and cross talk: House committee meeting devolves into chaos
A fiery exchange between Reps. Marjorie Taylor Greene and Jasmine Crockett leads to chaos in the House Oversight Committee.NBC News - Top stories -
‘I racked up $45,000 in credit-card debt doing home repairs’: Should I refinance my $1.5 million house — or take out a personal loan to pay it off?
“We live in a very strong housing market in Los Angeles so we’re not worried about it losing value.”MarketWatch - Business -
Michael Cohen and Todd Blanche Match Wits in Trump Hush-Money Trial
Michael D. Cohen tried to parry attacks on his honesty as Todd Blanche, Donald J. Trump’s lawyer, tried to destroy his credibility with jurors.The New York Times - Top stories - Donald Trump
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Iran’s President Ebrahim Raisi dead in helicopter crash
Aircraft came down on Sunday in remote and mountainous north-westFinancial Times - Business - Iran -
Raisi’s death deals blow to Iranian regime
Hardline cleric was seen as integral to republic’s succession planFinancial Times - Business - Iran -
Ebrahim Raisi, president of Iran, 1960-2024
Conservative cleric and protégé of Ayatollah Ali Khamenei was a contender to become the Islamic republic’s next supreme leaderFinancial Times - Business -
The battlegrounds that could decide a US-China war over Taiwan
Five key military contests are likely to determine the outcome of a conflictFinancial Times - Business - China -
The relationship between Xi and Putin is built to last
A shared antagonism towards the US will prevent tensions between China and Russia from coming to the foreFinancial Times - Business