Latest in BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
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BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - 1d -
Here’s how investors will be affected by BlackRock’s $12 billion purchase of private-credit provider HPS
In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.MarketWatch - 23h -
BlackRock Acquires HPS, a Major Lender of Private Credit
The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion.The New York Times - 18h -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - 1d -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - 1d -
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - 1d -
OpenAI Expands in Europe With Zurich Office
OpenAI said it would set up a new office in Zurich, Switzerland, as part of efforts from the ChatGPT maker to bolster its presence in Europe as the continent emerges as a key battleground for ...The Wall Street Journal - 6h -
Critical Role May Expand Into Video Games
In March 2025, the Critical Role team will celebrate the 10th anniversary of their wildly popular live play series that led to an independent media empire that includes The Legend of Vox Machina ...GameSpot - 1d -
12/2: The Daily Report
Lindsey Reiser reports on President Biden's pardon of his son Hunter, the latest controversy surrounding President-Elect Trump's incoming administration, and what's next for Hezbollah amid the ...CBS News - 1d -
12/3: The Daily Report
Jericka Duncan reports on efforts to drum up support on Capitol Hill for President-Elect Trump's administration picks, what happens next in South Korea following its president's reversal of a ...CBS News - 14h -
What credit card debt relief options work best with bad credit?
A damaged credit score can complicate the debt relief process, but you still have plenty of options to consider.CBS News - 23h -
BlackRock launches active short-term money market ETF
Manager claims to be first to offer strategy in a Ucits-regulated ETF in EuropeFinancial Times - 1d -
Sovereign investment dispute resolution is broken
(for everyone except the lawyers, naturally)Financial Times - 1d -
Why finding a partner for Steph is biggest issue Warriors face
The Golden State Warriors finding a complimentary two-way option next to Steph Curry is key to saving a season that began with so much promise.Yahoo Sports - 1d -
Peter Thiel's Founders Fund loses one of first partners to emeritus role
Brian Singerman said on Tuesday that he's stepping down as a general partner of Founders Fund after 13 years.CNBC - 20h -
Telegram partners with child safety group to scan content for sexual abuse material
Before the arrest of Telegram’s CEO, the platform had a reputation for resisting outside pressure to moderate content.NBC News - 18h -
12/2: CBS Evening News
Biden faces backlash for granting pardon to son Hunter; Amazon's driver program faces criticism over safety issuesCBS News - 1d -
12/3: CBS Evening News
Pete Hegseth, Trump's pick for defense secretary, on shaky ground; Colorado deputies hailed as heroes for fiery home rescueCBS News - 11h -
What our expert shoppers are buying this Cyber Monday
Here are our editors' favorite Cyber Monday deals this year, from 100% cotton throws to marked down monitors.NBC News - 1d -
US expands list of Chinese technology companies under export controls
The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chipsABC News - 1d -
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Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - 2d -
How Private Funds Could Hurt Americans Under Trump
The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.The New York Times - 21h -
Private payrolls grew by 146,000 in November, less than expected, ADP says
Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.CNBC - 4h -
Treasury yields slip after ISM’s services reading drops for November
U.S. government debt rallied on Wednesday, sending yields lower, after the Institute for Supply Management’s survey of service companies for November reflected anxiety over incoming-President ...MarketWatch - 56m -
Trump nominates Jared Isaacman, private astronaut and Shift4 CEO, for NASA chief
President-elect Donald Trump on Wednesday nominated Jared Isaacman to be NASA Administrator.CNBC - 17m -
Billionaire who performed the first private spacewalk is Trump's pick to lead NASA
President-elect Donald Trump has tapped a tech billionaire who performed the first private spacewalk to lead NASAABC News - 5m -
This investment is cheaper and better than mutual funds
Opponents shouldn’t block 403(b)s from purchasing collective investment trustsMarketWatch - 3h -
13 Best Travel Tuesday Deals (2024)
Welcome to Travel Tuesday. We’ve got deals on suitcases, bags, and noise-canceling headphones ahead of your next flight.Wired - 1d -
ACC 'incredibly shocked' Canes fell to 12 in CFP
After Alabama snuck into the coveted No. 11 spot ahead of Miami, as announced on ESPN's CFP rankings release show Tuesday, ACC commissioner Jim Phillips said the league was "incredibly shocked and ...ESPN - 2h -
12:30 Report — Trump’s nomination headaches
{beacon} View Online 12:30 REPORT It’s Wednesday. The 2025 House calendar was released this morning. Now you can start planning your year, Hill folks and journalists. Here’s what’s happening ...The Hill - 38m -
Over-60s who live apart from partners have better wellbeing, study finds
Enjoying a romantic relationship without cohabiting, or ‘living apart, together’, found to be a popular arrangement. It’s known as living apart, together. Being in a serious relationship while ...The Guardian - 1d -
MicroStrategy has kept buying bitcoin as prices have pulled back
The software company has spent nearly $7 billion buying bitcoin in the past two weeks as prices have pulled back.MarketWatch - 1d -
Jim Cramer says AMD stock is a buy on Intel's CEO shakeup — 'It's winning'
Pat Gelsinger's retirement from Intel will only help Club holding and longtime rival AMD, Jim Cramer said Monday.CNBC - 1d -
The 45 Best Cyber Monday Deals From Best Buy (2024)
Best Buy's Cyber Monday deals take up to 40 percent off—grab that iPad Mini or the TV you've been eyeing all year before time runs out.Wired - 1d -
Alleged Switch 2 Accessories Are Now Available To Buy--With A Major Asterisk
With Nintendo set to announce the Switch 2 , or whatever it's called, in just a few months, at least one retailer has already begun selling alleged accessories for it. There are some major ...GameSpot - 1d -
BNPL Fuels Black Friday Weekend Buying, and Risks of Spiking Debt
Buy Now Pay Later companies processed over $9 billion worth of purchases on Cyber Monday alone, as consumers increasingly used deferred payment options on their credit cards.Inc. - 1h