University of California Invests $4bn in Blackstone S Real Estate Fund
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What Commercial Real Estate Agents Wish They Knew Sooner
These 20 outsourced tasks will drive productivity and profits.Inc. - Business -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Deutsche Bank expects fewer U.S. commercial real estate provisions in second half
Deutsche Bank, one of the banks most exposed to U.S. commercial real estate, reported elevated levels of credit-loss provisions for a second straight quarter but said they will start to gradually decline.MarketWatch - Business -
Pro-Palestinian protests erupt at University of Southern California
Pro-Palestinian protesters at the University of Southern California were forced to clear their tents by campus police Wednesday. CBS News Los Angeles reporter Luzdelia Caballero is following the protests.CBS News - Top stories - California -
What to know about pro-Palestine university protests, from Texas to California
A wave of pro-Palestinian protest grew even larger Wednesday as college students around the country marched, camped out and in some cases were taken into police custody.The Hill - Politics - California -
Dozens arrested in California and Texas as campus administrators move to shut down protests – live
More than 60 people, including a journalist, arrested at University of Southern California and University of Texas at Austin. Campus protests: full storyMike Johnson, the Republican House speaker, will visit Columbia University today to speak to ...The Guardian - World - California -
Speaker Johnson calls on Columbia University president to resign and threatens federal funding for colleges
After a meeting with Columbia University President Minouche Shafik, House Speaker Mike Johnson called on her to resign Wednesday if she can’t tamp down Gaza war protests at the school and threatened federal funding for colleges that don't create ...NBC News - Politics -
Speaker Johnson calls on Columbia University president to resign and threatens federal funding for colleges
After a meeting with Columbia University President Minouche Shafik, House Speaker Mike Johnson called on her to resign Wednesday if she can’t tamp down Gaza war protests at the school and threatened federal funding for colleges that don't create ...NBC News - Top stories -
S&P Futures Lower After First-Quarter GDP Estimate
Stock futures fell after data showed that U.S. economic growth slowed in the first quarter. The Nasdaq-100 posted the biggest losses as Meta dragged down the wider tech sector.The Wall Street Journal - World -
Blackstone to Buy Franchiser Tropical Smoothie Cafe
The deal values the smoothie chain at around $2 billion, including debt.The Wall Street Journal - World -
Concord tops Blackstone in bidding war for Hipgnosis
Offer for music rights group rises to $1.5bn as Apollo-backed investor beats rival’s bidFinancial Times - Business -
Blackstone to acquire Tropical Smoothie Cafe restaurant chain
Blackstone said it is acquiring acquire Tropical Smoothie Cafe, an Atlanta-based franchiser with over 1,400 locations in 44 states, from Leichtman Capital Partners.MarketWatch - Business -
Blackstone to Buy Franchiser Tropical Smoothie Cafe
The deal values the smoothie chain at around $2 billion, including debt.The Wall Street Journal - Business -
With 3 Words, Economists Explain the Real Reason There Are So Many Bad Bosses
The Peter Principle explained.Inc. - Business -
LIVE Transfer Talk: Real Madrid plot move for Milan defender Thiaw
Real Madrid have made AC Milan centre-back Malick Thiaw one of their top targets. Transfer Talk has the latest.ESPN - Sports -
How Barcelona's rescheduled match helps Real Madrid in Champions League
A week after losing El Clasico, Barcelona's rearranged LaLiga match against Valencia could help Real Madrid's bid for a 15th Champions League crown.ESPN - Sports - UEFA Champions League -
Concord outbids Blackstone for rights to songs by Shakira, Justin Timberlake
The Nashville music producer, which is being financed by Apollo Global Management, outbid private equity giant BlackstoneMarketWatch - Business -
Hipgnosis Accepts Improved Concord Offer
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.5 billion takeover by Concord Chorus, trumping an approach from Blackstone.The Wall Street Journal - World -
Quant hedge funds enjoy bumper start to 2024
Trend-followers profit from bets on rocketing cocoa price and against sinking yenFinancial Times - Business -
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.The Wall Street Journal - World -
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 -
Arizona House Votes to Repeal Abortion Ban
The state Senate will vote on the measure next week, and several Republicans have signaled they would join Democrats to support it, giving it a good chance of passage. Democratic Gov. Katie Hobbs has said she would sign a repeal.The Wall Street Journal - World - Abortion -
Gov. Gavin Newsom wants to let Arizona doctors provide abortions in California
California Gov. Gavin Newsom and state lawmakers have announced legislation aimed at helping Arizonans access abortions after the Arizona Supreme Court allowed a near total-ban to move forwardABC News - Health - California -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
The Guardian view on globalisation’s discontent: it’s not right for poor countries to fund the rich | Editorial
Wealthy nations exploit their position as the world’s bankers to siphon off hundreds of billions from the needy. Developing nations have long complained that globalisation has enthroned western currencies in such a way as to subsidise living ...The Guardian - World -
Bears unveil $5 billion plan for lakefront stadium and seek public funding to make it happen
The Chicago Bears unveiled a nearly $5 billion proposal for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city’s lakefront, and they are asking for public funding to help ...ABC News - Sports -
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 -
Chicago Bears to seek public funding in $5bn plan for new lakefront stadium
Bears unveil $5bn proposal for new domed lakefront stadiumPlan calls for $900m from Illinois Sports Facilities AuthorityThe Chicago Bears unveiled a nearly $5bn proposal Wednesday for an enclosed stadium next door to their current home at Soldier ...The Guardian - World -
Democrats fret it could be curtains for local theaters without federal funds
Professional nonprofit theaters haven’t recovered from the Covid pandemic, with dozens of stages set to shutter. Democrats are introducing legislation that could keep the curtains from closing.NBC News - Top stories -
Anne Heche's 'insolvent' estate cannot settle debts, actor's son claims in legal docs
Homer Laffoon, Anne Heche's son and the executor of her estate, said in legal documents that his mother's estate is "not in a condition to be closed."Los Angeles Times - Entertainment -
Tupac's estate threatens to sue Drake over diss track using what appears to be late rapper's AI-generated voice
Tupac Shakur’s estate is threatening to sue Drake over his recent Kendrick Lamar diss track, calling what appears to be the use of an artificial intelligence-generated version of the late rapper’s voice a “blatant abuse” of his legacy.NBC News - Top stories -
Estate of Tupac Shakur threatens legal action against Drake over AI diss track
Drake used AI to simulate the voice of the late rapper and have him chide Kendrick Lamar, which the estate calls a ‘flagrant violation’. The estate of the late Tupac Shakur has sent a cease and desist letter to Drake, following the release of a ...The Guardian - World -
Meta stock plunges 15% as company plans to invest heavliy in artificial intelligence
Meta shares plunged more than 15% in extended trading on Wednesday after the company issued a light forecast, which overshadowed better-than-expected first-quarter results.NBC News - Top stories -
BNP Paribas bets on investment bank for growth despite bond trading blip
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fallFinancial Times - Business -
Project Primus Looks to Teach Family Scions How to Invest
The investment boot camp, which requires a $1 million commitment, aims to capitalize on the coming multitrillion-dollar generational wealth transfer.The Wall Street Journal - World -
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.
Blackstone struck a deal to acquire restaurant franchiser Tropical Smoothie Cafe from Levine Leichtman Capital for nearly $2 billion, including debt.The Wall Street Journal - World -
Gov. Gavin Newsom introduces bill to allow Arizona doctors to perform abortions in California
California Gov. Gavin Newsom announced a bill Wednesday which would expand abortion access for Arizona residents following the state's Supreme Court decision to uphold a near-total abortion ban earlier this month.NBC News - Top stories - California -
Gov. Gavin Newsom proposes bill to allow Arizona doctors to perform abortions in California
California Gov. Gavin Newsom announced a bill Wednesday that would expand abortion access for Arizona residents after the state's Supreme Court upheld a near-total abortion ban this month.NBC News - Politics - California -
New California rule aims to limit health care cost increases to 3% annually
A new rule in California aims to limit health care price increases to just 3% each yearABC News - Health - California -
New California rule aims to limit health care cost increases to 3% annually
A new rule in California aims to limit health care price increases to just 3% each yearABC News - Top stories - California