Latest in China Evergrande liquidators put founder’s private jet up for sale
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Founder of failed crypto lending platform Celsius Network pleads guilty to fraud charges
The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has pleaded guilty to federal fraud charges, admitting that he misled customers about the businessABC News - Dec. 3 -
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 - Dec. 3 -
China bars some mineral exports to US
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story China bars some mineral exports to US China has banned exports of some rare minerals to the ...The Hill - Dec. 3 -
Alex Mashinsky: founder of bankrupt crypto firm to plead guilty to fraud
Mashinsky, 59, who led Celsius and was charged last year on seven criminal counts, agrees to plead guilty to two. Alex Mashinsky, the founder of bankrupt cryptocurrency lender Celsius Network, said ...The Guardian - Dec. 3 -
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 - Dec. 3 -
Celsius founder Alex Mashinsky pleads guilty in fraud case
Cryptocurrency lender’s former chief reaches agreement with prosecutors in criminal caseFinancial Times - Dec. 3 -
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 - Dec. 3 -
Modelo brewer Constellation Brands' sale of Svedka vodka is a positive move for the stock
Wine and spirits have been a consistent drag on the brewer's earnings.CNBC - Dec. 3 -
China Announces a Ban on Rare Minerals to the U.S.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.The New York Times - Dec. 3 -
Global Airlines Too Slow to Switch to Green Jet Fuel, Study Says
The advocacy group Transport and Environment faults carriers for slow adoption rates, and oil producers for underinvesting in the sustainable aviation gas.Inc. - Dec. 3 -
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 - Dec. 3 -
At Art Basel Miami Beach, a Dance Performance and Related Objects for Sale
At Art Basel Miami Beach, the Mexican choreographer Diego Vega Solorza explores masculinity in a new work and his gallery sells objects from performances.The New York Times - Dec. 3 -
The most expensive US property for sale is a mere $295m – and likely to flood
The sprawling Florida mansion sits in one of the most vulnerable places in the US to climate-driven disasters. A sprawling Florida mansion set beside a powdery white sand beach overlooking the ...The Guardian - Dec. 3 -
China retaliates against latest US chip restrictions
Beijing bans export of materials used in semiconductors and batteriesFinancial Times - Dec. 3 -
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 - Dec. 3 -
It’s Time to Put Everyone on a Performance Improvement Plan
Why does this valuable tool have such a bad reputation? It can be a great way to make your employees’ lives and work better–if approached correctly.Inc. - Dec. 3 -
Moscow approves sale of Carlsberg’s Russian assets for $322mn
Danish brewer had previously accused the Kremlin of ‘stealing’ the businessFinancial Times - Dec. 3 -
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 - Dec. 3 -
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the ...The Hill - Dec. 3 -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
Prosecution makes closing argument in murder trial over stabbing death of Cash App founder Bob Lee
Closing arguments have begun in the trial of a tech consultant in the stabbing death of Cash App founder Bob Lee in San Francisco last yearABC News - Dec. 2 -
Chip war ramps up with new US semiconductor restrictions on China
Biden administration broadens limits on Chinese access to advanced microchip technology, with Donald Trump expected to go even further . The US has announced new export restrictions targeting ...The Guardian - Dec. 3 -
Liquid AI’s new STAR model architecture outshines Transformer efficiency
The STAR framework leverages evolutionary algorithms and a numerical encoding system to balance quality and efficiency in AI models.VentureBeat - Dec. 3 -
Israel and Hizbollah exchange fire, putting truce under severe strain
Air strikes by Israeli military across Lebanon come after militant group fires rocketsFinancial Times - Dec. 2 -
49ers put running backs Christian McCaffrey, Jordan Mason on injured reserve
McCaffrey suffered a PCL injury during Sunday's loss to the Bills, while Mason went on IR with a high ankle sprain.Yahoo Sports - Dec. 2 -
Best Kindle Cyber Monday Deals and Amazon Device Sales (2024)
Cyber Monday is almost over—grab the brand-new Kindle lineup and many other Amazon products, from Eero routers to Ring cameras, before time runs out.Wired - Dec. 2 -
How 2 Female Founders Took on Stephen Miller—and Won
How Hello Alice co-founders Elizabeth Gore and Carolyn Rodz survived a terrible, horrible, no good, very bad year of legal challenges and navigated their startup to profitability.Inc. - Dec. 2 -
Maternal Mortality Is a Crisis. This Founder Is Training a New Generation of Doulas to End It
Latham Thomas’s Mama Glow is fighting for birth equity and, in the process, supporting thousands of new entrepreneurs.Inc. - Dec. 2 -
The Jets are the NHL’s hottest team. So why can’t they fill their arena?
Winnipeg got off to a record-setting start to the season. But balancing corporate demands and human passion is a tough task . “From our standpoint, the game has never been healthier,” NHL ...The Guardian - Dec. 2 -
The AI Version of Panasonic’s Founder Revives His Management Expertise for a New Audience
The chatty digital replica of Kōnosuke Matsushita, who started the electronics giant in 1918, offers an online path to lessons from the man once called the ‘god of management.’Inc. - Dec. 2 -
Jets are sticking with struggling Aaron Rodgers as their starting quarterback
Aaron Rodgers will remain the New York Jets’ starting quarterback despite speculation the team could bench him in what has been a disappointing seasonABC News - Dec. 2