Latest in The waning of active funds is drying up the IPO market
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Travel group HBX to test Europe’s IPO market with Spanish listing
Hotel room wholesaler could be valued at €5bn in first big European flotation of the yearFinancial Times - Jan. 16 -
At Davos, Trump will face a less friendly brand of billionaire – but their dominance is waning | Larry Elliott
These high priests of globalisation are facing the fact that Trump’s tariffs are part of a global shift to protectionism. Hollywood would struggle to come up with a better plot. On Monday, as ...The Guardian - Jan. 16 -
Goldman Sachs CEO Solomon says IPO market is 'going to pick up' along with dealmaking
At an event hosted by Cisco on Wednesday, Goldman Sachs CEO David Solomon indicated that the multi-year IPO drought should be coming to an end.CNBC - Jan. 16 -
Not Drunk, Not Dry: What it Means to Be ‘Soberish’
Conscious of the health risks of alcohol, more people are experimenting with cutting back on drinking.The New York Times - Jan. 15 -
Malaysia Retailer Eco-Shop to Tap Investors Ahead of IPO
The Malaysian discount-store retailer aims to start tapping investors early next week ahead of a planned initial public offering valuing the company at over $1 billion, people familiar with the ...The Wall Street Journal - Jan. 15 -
‘Dry hurricane’ fans devastating LA fires
Palisades blaze only 17% contained as threat to life and financial costs escalateFinancial Times - Jan. 14 -
Class of 2025? The IPO hopefuls that could revive London
After disappointment in 2024, financial services, industrials and consumer names could debut this yearFinancial Times - Jan. 13 -
Billionaire Issa brothers’ EG Group readies $13bn US IPO
Private equity-backed petrol station business expected to list as early as this yearFinancial Times - Jan. 12 -
These Maps Show Just How Dry Southern California Is Right Now
In early January, soil moisture in much of Southern California was in the bottom 2 percent of historical records.Wired - Jan. 11 -
Fintech IPOs return with precious little credit in the bank
Hope still wins out over experience as financial disrupters seek to ride the latest waveFinancial Times - Jan. 11 -
Columbia Professor Katherine Franke Says She Was Forced to Retire Because of Activism
Katherine Franke, a law professor and vocal advocate of pro-Palestinian students, had been under investigation over remarks she made about Israeli students.The New York Times - Jan. 11 -
Healthy Deal Pipeline Fuels Revived IPO Outlook for 2025
Wall Street banks eye private-equity owned companies looking for exits as the lineup of projected public offerings grows.Inc. - Jan. 10 -
Maps show how dry the Southern California is, as L.A. wildfires burn
Dry vegetation helped fuel fires that spread through the Los Angeles area in early January 2025.CBS News - Jan. 10 -
It's 'Dry January.' Here's how much you can save by not drinking for a month
Giving up alcohol for 31 days is associated with numerous health benefits. But for a growing number of adults, saving money is a top motivator.CNBC - Jan. 10 -
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Silicon Valley’s largest start-ups to shun IPOs in 2025
Huge recent fundraising deals for Databricks, SpaceX and OpenAI further delay need for stock market debutsFinancial Times - Jan. 10 -
‘Completely Dry’: How Los Angeles Firefighters Ran Out of Water
As wildfires roar into residential neighborhoods, firefighters in California and elsewhere are finding that water systems can’t keep up with the demand.The New York Times - Jan. 10 -
Slipped up during Dry January? Expert tips for getting back on track
In Dry January, people choose to give up alcohol for the month, but what happens if they have a drink? Here's what an expert says.CBS News - Jan. 9 -
New York governor wants to limit hedge funds from buying up homes
New York Gov. Kathy Hochul says she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the stateABC News - Jan. 9 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
Lebanon Elects New President in Sign of Hezbollah's Waning Influence
Lebanon’s Parliament chose a U.S.-trained general as president, ending a two-year vacancy.The Wall Street Journal - Jan. 9 -
Fund managers to warn FCA over US activist’s plans to shake up UK trusts
Saba Capital has taken stakes in seven trusts and called on investors to vote for changes to their boardsFinancial Times - Jan. 9 -
Water tanks went dry in Pacific Palisades, hampering efforts to fight fire
Demand for water to fight the Palisades Fire led all three of the area's water tanks and some fire hydrants to temporarily dry up in the last roughly 24 hours.NBC News - Jan. 9 -
Buildings gutted in Altadena as Eaton Fire remains active
Cars, businesses and homes are gutted in Altadena, California, as the Eaton Fire continues to spread. CBS News Los Angeles' Joy Benedict reports.CBS News - Jan. 8 -
Active mutual funds struggle to beat large-cap stock benchmarks — again
Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.MarketWatch - Jan. 8 -
Southern California Is Dangerously Dry for This Time of Year
Ordinarily, the region would have seen some rain by January.The New York Times - Jan. 8 -
Does Dry January Really Make People Healthier?
Abstaining from alcohol can have immediate benefits. But lasting gains require lasting change.Wired - Jan. 7 -
Where fire danger is heightened due to dry weather
Parts of Southern California will be threatened with increased fire danger again in the coming days.ABC News - Jan. 6 -
Did the US jobs market hold up?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 5 -
US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - Jan. 5 -
MLB rumors: Dodgers won't rush to trade after Hyeseong Kim signing, Justin Verlander market heating up
Here are the latest news and rumors for Major League Baseball's hot stoveCBS Sports - Jan. 4 -
How increased Israeli military activity is changing the Middle East
The Biden administration notified Congress of a proposed $8 billion arms sale to Israel as the U.S. government maintains its strong support for its ally in the Middle East. While the Israeli ...CBS News - Jan. 4 -
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Jan. 4 -
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Dry January made easy with non-alcoholic drink recipes
As Dry January gains popularity, mocktails are becoming a go-to for many. Food & Wine's executive wine editor Ray Isle shares recipes and tips for non-alcoholic indulgence.CBS News - Jan. 3 -
Active-duty US Army Green Beret identified as Cybertruck suspect
Law enforcement officials say they have identified the primary suspect in the Cybertruck explosion in Las Vegas on New Year's Day as a highly decorated active duty Army soldier who was on approved ...NBC News - Jan. 3 -
Biden to award medals of honor, valor in waning days at White House
President Biden will award the Medal of Honor to seven U.S. Army soldiers and the Medal of Valor to eight public safety officers at the White House on Friday. The Medal of Honor is given to members ...The Hill - Jan. 3 -
Crypto, Roaring Kitty and 'fartcoin': Market speculation picks up to start 2025
Many speculative pockets of the stock market surged in early trading Thursday, the first session of the new year.CNBC - Jan. 2 -
China steps up drive to break Boeing and Airbus grip on plane market
State-owned Comac opens offices abroad and pushes for overseas certification as it increases output of C919 jetsFinancial Times - Jan. 1