U.S. 'industrial renaissance' is fueling a rebound in fundraising, Apollo CEO Marc Rowan says

Capital raising activity is set for a rebound in the U.S. amid a global "industrial renaissance," Oaktree Capital Management Co-Chairman Howard Marks says.

Business - CNBC - 7 hours ago

FirstFT: Apollo’s Marc Rowan top contender for Treasury job

Also in today’s newsletter, SpaceX fails to catch Starship, as well as machine learning and robots

World - Financial Times - 2 hours ago

Marc Rowan emerges as a top contender to be Trump’s Treasury secretary

Private equity billionaire is considering job and is set to meet president-elect on Wednesday

Business - Financial Times - 11 hours ago

DraftKings CEO says sports betting industry is at 'important inflection point'

It's been six years since the Supreme Court lifted the federal ban on sports betting, and the practice is now legal in 38 states and Washington, D.C.

Business - CNBC - November 8

Trump win invigorates fossil fuel industry

Presented by American Chemistry Council — In the wake of Trump's victory, the industry is hopeful he’ll deliver on his promises and roll back regulations put in place by the Biden administration. ...

Politics - The Hill - November 12

AMC’s third-quarter results on deck amid signs of a cinema-industry rebound

AMC Entertainment Holdings Inc. will report third-quarter results after market close Wednesday amid signs that the cinema industry is bouncing back from the devastation wrought by the COVID-19 ...

Business - MarketWatch - November 5

Rights group says weapons from U.S. allies fueling Sudan's forgotten war

Amnesty International says there are weapons from the U.S.-allied UAE and even France in Sudan's civil war, helping fuel the world's worst humanitarian crisis.

U.S. will be ‘more pro-crypto’ after this election, no matter who wins, says Ripple CEO Garlinghouse

Ripple CEO Brad Garlinghouse is a big cynic on U.S. crypto regulation, but highly optimistic about the post-election environment around the corner.

Business - CNBC - October 24

Exxon CEO says Trump should keep U.S. involved in global effort to address climate change

Trump has slammed the Paris climate agreement as "horribly unfair to the U.S."

Business - CNBC - November 12

Carbon removal industry calls on U.S. government for regulation in new industry report

The nascent industry for removing carbon dioxide directly from the air is calling on the U.S. government to adopt standards and regulations to boost confidence in the business

Tech - ABC News - October 23

Cop29 CEO filmed agreeing to facilitate fossil fuel deals at climate summit

Elnur Soltanov recorded speaking with fake oil and gas group that asked for deals in exchange for sponsoring talks. The chief executive of Cop29 has been filmed apparently agreeing to facilitate ...

World - The Guardian - November 8

Unity CEO Matthew Bromberg is a gaming, AI, and industry growth optimist | The DeanBeat

Matthew Bromberg painted a path forward for game developers in one of his first public talks as Unity CEO at GamesBeat Next 2024.

Tech - VentureBeat - 4 days ago

CEO Chris Wright named by Trump as energy secretary pick

President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy.

Revisiting the Harlem Renaissance

Why the era still resonates a century later.

Top stories - The New York Times - November 10

Online gambling has fueled an industry boom that threatens public health, commission finds

The rise of online betting has led the commercial gambling industry to grow worldwide, posing a threat to public health, according to a report from an international commission of health experts.

Panama Canal says shipping rebound is underway after record drought

With a new approach to container ship bookings and a big dam project being considered, the Panama Canal says trade will continue to rebound from drought lows.

Business - CNBC - November 12

Honda Plans Recall for 720,800 U.S. Vehicles Over Fuel Pump Worries

Concerns that a high-pressure fuel pump may crack and leak fuel in 2023-2025 Accords, CR-V Hybrids, and Honda Civics prompted the National Highway Traffic Safety Administration to request the recall.

Business - Inc. - October 22

Trump Versus Harris: How the U.S. Election Is Fueling Stock Market Returns

The S&P 500 has only seen two negative election years in the last seven decades.

Business - Inc. - October 28

Oil prices end higher as risk of Iranian strike on Israel grows

Oil futures finished higher on Thursday, contributing to a gain for the month, as traders weighed the growing risk of an Iranian attack on Israel that would further fuel tensions in the oil-rich ...

Business - MarketWatch - October 31

Russia warns U.S. is adding fuel to fire with long-range missile decision

The U.S. decision marks a major reversal in Washington policy a mere two months before the mandate expiry of President Joe Biden.

Business - CNBC - Yesterday

U.S. industrial output battered for second month by Boeing strike, hurricanes

Industrial production fell 0.3% in October, held down by the Boeing strike and the impact of hurricanes Milton and Helene, the Federal Reserve reported Friday.

Business - MarketWatch - 4 days ago

Starbucks’s new CEO is making changes — here’s what customers and industry experts think of them

“It’s about time they stopped charging for all the different milks,” said one restaurant-industry consultant.

Business - MarketWatch - November 9

Trump picks oil and gas industry CEO Chris Wright as next energy secretary

Oilfield services exec denies climate crisis and is expected to support Trump’s plan to maximize oil and gas production. Donald Trump said on Saturday that Chris Wright, an oil and gas industry ...

World - The Guardian - 3 days ago

U.S. crude oil rebounds nearly 2% after selling off last week

Traders increasingly believe Israel-Iran tensions will not lead to an oil supply disruption in the Middle East.

Business - CNBC - October 21

Climate action in fossil fuel sector has ‘stalled’, says report

Also in today’s newsletter, why private capital will not suffice for Africa’s climate needs

World - Financial Times - 6 days ago

German industry sees worst slump in orders since 2009, institute says

World - Yahoo News - November 11

Russia accuses U.S. of adding fuel to the fire, 1,000 days after war began

Russia said that Ukraine fired six American-made long-range missiles into Russia, apparently targeting a military facility. The strike occurred Tuesday, exactly 1,000 days since Russia launched its ...

Leonardo, Raphael and Michelangelo: who is the greatest of the Renaissance masters?

Ahead of a new exhibition at London’s Royal Academy of Arts, writers make a case for each of Renaissance art’s big three, from the secretive genius of Leonardo and Raphael’s beguiling brilliance, ...

World - The Guardian - November 9

Oil prices end lower with weekly U.S. crude supplies up by over 5 million barrels

Oil futures settled lower Wednesday as official U.S. data showed an unexpected weekly climb in domestic crude inventories, prompting prices to post their first loss in three sessions.

Business - MarketWatch - October 23

Trump accuses Taiwan of stealing U.S. chip industry. Here's what the election could bring

Trump said tariffs should be put on Taiwan's chips during an appearance on "The Joe Rogan Experience" podcast.

Business - CNBC - October 28

Marc Skinner says Manchester United have ‘great support team’ after Guerrero claims

Midfielder said she went to bathroom to cry in sessions ‘Players want to play football, says United head coach Marc Skinner has responded to Irene Guerrero saying she needed to go to the ...

World - The Guardian - Yesterday

Disney says it will name CEO Bob Iger’s second successor in 2026

The House of Mouse taps former Morgan Stanley CEO as its new board chair, who will lead search for Iger’s replacement. Walt Disney said it would announce another replacement for CEO Bob Iger in ...

World - The Guardian - October 21

Lucid CEO defends $1.75 billion capital raise following stock drop

Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.

Business - CNBC - October 22

Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...

Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'

Several of Wall Street's chief executives don't see more than one more interest rate cut by the Fed this year, citing expectations of continued inflation.

Business - CNBC - October 29

Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'

RIYADH — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh.

Latest in U.S. 'industrial renaissance' is fueling a rebound in fundraising, Apollo CEO Marc Rowan says