Mercer Raises $3.9 Billion for Multi Asset Private Capital Fund
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Siemens to Sell Innomotics to KPS Capital Partners for $3.8 Billion
Siemens agreed to sell its Innomotics large motors business to private-equity firm KPS Capital Partners, the latest move by the German industrial giant to reshuffle its portfolio.The Wall Street Journal - Business -
'Speed Capital' Review: How the Indy 500 Was Born
Road racing in the early 20th century was popular, but hard to watch as the cars zoomed by. Indianapolis changed that.The Wall Street Journal - World -
CoreWeave Raises $7.5 Billion in Debt for AI Computing Push
The deal is one of the largest-ever private debt financings.The Wall Street Journal - Tech -
Param Labs raises $7M to fund gaming ecosystem development
Param Labs announced it's raised $7 million in its latest funding round to fund its modular gaming ecosystem.VentureBeat - Tech -
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AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.
CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.The Wall Street Journal - World -
Chevron to sell UK North Sea assets as it exits ageing oil basin
Company to focus on newer oilfields, bringing to an end more than 55 years of operations in regionFinancial Times - Business - United Kingdom -
Biden asserts executive privilege to prevent Congress from getting recordings
President Biden asserted executive privilege to keep Congress from obtaining recordings of his interviews with the special counsel who investigated his handling of documents. The counsel had referred to the president as a "well meaning elderly man ...NBC News - Politics - Joe Biden -
Blow to UAW as Mercedes-Benz workers in Alabama vote against union
Defeat marks a reversal for the United Auto Workers after victory at Volkswagen plant in ChattanoogaFinancial Times - Business -
Russian court seizes assets worth €463mn from Italy’s UniCredit
Move follows dispute with a subsidiary of Gazprom over guarantees made to German group LindeFinancial Times - Business - Russia -
Sony and Apollo Take Key Step in Bid for Paramount’s Assets
The two companies have expressed interest in acquiring the media conglomerate, but are backing away from their $26 billion all-cash offer.The New York Times - Business -
Reddit shares surge as it strikes content deal with OpenAI
Agreement comes as competition for high-quality data to underpin AI models intensifiesFinancial Times - Business -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
Asia-Pacific Innovative Lawyers
Generative AI and global tensions are shaping the legal agenda as lawyers respond to political and economic uncertainty, climate change and workloads. Plus: best practice case studies and a spotlight on JapanFinancial Times - World -
Water company boss defends multi-million pay packet
The water firm made 60,000 sewage spills last year but insists river quality is improving.BBC News - Top stories -
More trouble in Belgium for Miami-based 777 Partners after court authorizes seizure of assets
A Belgian court has ruled that all assets in the country belonging to American investment group 777 Partners can be seized, in the latest legal setback for the embattled company that owns Standard Liège and several other soccer clubsABC News - Sports -
2024 NFL schedule oddity: Chiefs deemed as 'Cowboys-level asset' after getting games on every day but Tuesday
The Chiefs play a regular-season game on six of the seven days of the weekCBS Sports - Sports - NFL -
Meet Salim Ramji, Who Is Going to Oversee the Retirement Assets of Tens of Millions of Americans
The first outsider to run Vanguard needs to win over the Bogleheads. Colleagues say he can.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 -
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