Latest in Private equity investors trapped in China as top firms fail to find exit deals
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Sephora Promo Codes and Deals: Save Up to 50%
Find best-selling cosmetics, fragrances, and beauty products for up to half the price at Sephora.Wired - 18m -
Palestinian Christians struggle to find hope at Christmas
For the second year running, tourists are staying away and public festivities have been cancelled.BBC News - 2h -
China steps up campaign for single people to date, marry and give birth
Women receive cold-calls about family planning and universities asked to offer ‘love courses’ to tackle demographic crisisFinancial Times - 3h -
Private equity payouts fell 50% short in 2024
Value of investments cashed out lingers well below historic average for third consecutive yearFinancial Times - 3h -
How a Consulting Firm and Trump’s I.R.S. Pick Pushed a Problematic Tax Credit
Billy Long worked with Lifetime Advisors, a company that solicited clients to claim a pandemic-era tax credit that the I.R.S. said became a magnet for fraud.The New York Times - 13h -
Trump team reportedly planning immediate WHO exit, Trump slams Biden's death row commutations
President-elect Donald Trump's transition team is laying the groundwork for the U.S. to exit the World Health Organization on the first day he's in office, according to a new Reuters report. CBS ...CBS News - 13h -
Biden to Decide on U.S. Steel Sale After Key Panel Fails to Reach Consensus
The Committee on Foreign Investment in the United States sent its findings on Nippon Steel’s $15 billion proposed acquisition to Biden, who has 15 days to make a final decision.Inc. - 14h -
Display Option on Smart Glasses Shows How Meta May Succeed Where Google Glass Failed
Meta’s Ray-Ban sunglasses successful partnership adds a breakthrough feature in 2025, which could show us what “future smartphones” might look like, and kick off a new app economy.Inc. - 16h -
‘We need to be prepared’: China adapts to era of extreme flooding
While some residents take to building houses in trees, officials recognise need for national response to climate disasters. Every summer, Dongting Hu, China’s second-largest freshwater lake, swells ...The Guardian - 20h -
FirstFT: Private equity groups unable to sell or list China-based portfolio companies
Also in today’s newsletter, picks for France’s new cabinet, and Russian cargo ship sinks in the Mediterranean SeaFinancial Times - 20h -
Don't Look Now, but China's AI Is Catching Up Fast
Chinese artificial-intelligence startups are using workarounds to challenge OpenAI despite a lack of access to advanced chips.The Wall Street Journal - 21h -
The 'Invisible Wall' Amplifying China's Population Doom Loop
A two-tier system that has long made workers leave children behind in villages is cutting into birthrates.The Wall Street Journal - 1d -
9 Last-Minute Deals on WIRED-Approved Gifts That Will Arrive In Time
These discounted tablets, headphones, and kitchen goods can still make it under the tree—if you hurry.Wired - 1d -
How Multifamily Investors Can Beat the Odds in 2025
Thrive amid high interest rates with these five real estate investing techniques.Inc. - 1d -
Nordstrom Family Reaches $4 Billion Deal to Take Retailer Private
The department-store chain agreed to be acquired by members of the founding family and Mexican retailer El Puerto de Liverpool.The Wall Street Journal - 1d -
The Juan Soto wealth effect: Soaring athlete salaries attract wealth management firms
Skyrocketing salaries for top athletes and lucrative deals for college players have touched off a new gold rush among wealth management firms.NBC News - 11h -
How to find the most affordable car insurance
Auto insurance costs are rising, but drivers can still find affordable car insurance with the help of these tips.CBS News - 16h -
How Trump’s tariffs can generate both economic and political reform in China
If Trump is allowed by Elon Musk to stick to his guns, he can apply to China the principle he announced for his domestic opponents: “Success will be our retribution.”The Hill - 17h -
Panel fails to reach consensus on national security risk of U.S. Steel sale
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel to purchase U.S. Steel.CBS News - 17h -
This contrarian investor says the tech bubble is getting scary. Here’s his game plan.
The bear market may have already begun, says contrarian investor Steven Jon Kaplan. Here are the red flags he’s already seeing.MarketWatch - 17h -
Rahm Emanuel rips US defense firms, calls for punishments in final Tokyo missive
U.S. Ambassador to Japan Rahm Emanuel is calling for defense firms that miss deadlines and increase costs to be forbidden from bidding on new military contracts as a punishment. The final note in ...The Hill - 21h -
Small retail investors hold about 9.5% of bitcoin. Here’s why that doesn’t tell the full story.
Here’s your comprehensive road map for tracking the footprint of retail investors across bitcoin’s $2 trillion market cap.MarketWatch - 22h -
Questions Emerge About Data Used by China to Defend Against Doping Allegations
China and the World Anti-Doping Agency say that positive tests for a banned drug among elite Chinese swimmers were a result of unwitting contamination. But the science behind that assertion is not ...The New York Times - 22h -
Holiday tips are topping out at pandemic-era levels
Many people are tipping their babysitters, housekeepers and teachers this holiday season, but often by the same amounts as three years ago.NBC News - 22h -
Did Elon Musk kill a bill blocking investments in China to help Tesla?
Democrats have accused the Tesla CEO of influencing the government-funding bill to his own benefit.MarketWatch - 22h -
Ripley to The Rings of Power: your top TV of 2024
Who is a god of TV? Who has magical chemistry? And who deserves to be lightning-bolted for bad behaviour? Here are Guardian readers’ best shows of the year. (Netflix) My favourite show of 2024. It ...The Guardian - 23h -
‘A sense of freedom’: China’s small bookshops relocate across the world
As stores that were spaces for open discussion have been forced to close, new ventures spring up overseas. On 24 November, exactly two years after a fire in an apartment building in Xinjiang ...The Guardian - 1d -
Private equity investors trapped in China as top firms fail to find exit deals
Sales and listings of Chinese companies by world’s biggest buyout groups have ground to a halt, data showsFinancial Times - 1d -
Investors call for UK government to reform defined benefit pensions
Overhaul could free up billions for real estate and infrastructure, asset managers sayFinancial Times - 1d -
UAE becomes Africa’s biggest investor amid rights concerns
Activists alarmed at emirati companies’ poor record on labour rights and fear projects may fail to address environmental concerns. The United Arab Emirates has become the largest backer of new ...The Guardian - 1d -
What is neijuan, and why is China worried about it?
The buzzword – which went viral after a student was filmed working on his laptop while riding his bicycle – reflects a mix of competitiveness and hopelessness amid China’s slowing economy. On the ...The Guardian - 1d -
MLB, umpires reach tentative deal for new CBA
Major League Baseball and the Major League Baseball Umpires Association came to a tentative agreement on a new five-year collective bargaining agreement Monday.ESPN - 1d -
Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access
The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to receive their pay.NBC News - 1d -
College basketball rankings: Kentucky slips in AP Top 25, No. 2 Auburn gains on top-ranked Tennessee
The Tigers received a few more first-place votes than last week and narrowed the gap behind the VolunteersCBS Sports - 1d -
Trump announces slate of top Pentagon appointments
President-elect Trump on Sunday night revealed several new nominees for senior Pentagon roles, including his pick for the Defense Department’s No. 2 civilian. In a Truth Social post, Trump said he ...The Hill - 1d -
Nordstrom to go private in $6.25 billion deal with Nordstrom family
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal.CBS News - 1d -
US targets China with probe into semiconductor industry
The White House on Monday launched a new probe into China's semiconductor industry as the Biden administration continues to take more aggressive action against Chinese technology out of national ...The Hill - 1d -
Australia to extradite former Marine pilot who worked in China
Australia has agreed to extradite a former Marine pilot whom the U.S. has accused of training Chinese pilots more than a decade ago. Australian Attorney General Mark Dreyfus confirmed in a ...The Hill - 1d -
Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El ...NBC News - 1d -
GameSpot's Top Ten Games Of 2024
GameSpot brings you our staff picks for the best 10 games of 2024. Timestamps: 00:00 Astro Bot 03:30 Balatro 06:15 Elden Ring: Shadow of the Erdtree 08:25 Helldivers 2 10:55 Indiana Jones and The ...GameSpot - 1d