Latest in Private Credit Industry
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The Alcohol Industry Is Hooked on Its Heaviest Drinkers
While many drinkers cut back, some people who consume 15 or more drinks a week say they are unfazed by health risks.The Wall Street Journal - 21h -
Cash or credit? How to best help elder caregivers.
The answer from caregivers is clear.MarketWatch - 15h -
Why merger mania is coming to the fore in the mining industry
A prospective merger between Rio Tinto and Glencore would rank as the mining industry's largest-ever deal.CNBC - 1d -
Boosting Digital Infrastructure to prepare for Industry 5.0
Industry 4.0 remains key as we move into Industry 5.0, where automation meets sustainability. By mixing in IoT, AI, and smart systems, manufacturers can boost innovation, setting the stage for a ...CBS News - 1d -
SenseTime's AI Ecosystem: Transforming Industries, Shaping the Future
Discover how SenseTime, the world's leading AI software company, is transforming industries and paving the way for sustainable growth in the era of the Fourth Industrial Revolution.CBS News - 1d -
Crypto Industry Celebrates Trump Inauguration
The crypto gala marks a reversal on Biden’s policies.Inc. - 2d -
The Laken Riley Act is a sweetheart deal for the private prison industry
Since mandatory immigration detention was first signed into law in 1996 for a subset of people in deportation proceedings, it has turned into a cash bonanza for the private prison industry.The Hill - 4d -
The Tech Industry Is Preparing for Trump 2.0 by Not Preparing
Big tech helped Trump win the election, but will small-medium tech reap the benefits?Inc. - 5d -
Is a HELOC better than a credit card in 2025?
A HELOC could be better than a credit card this year, thanks to these three big reasons.CBS News - 5d -
A Euphoric Tech Industry Is Ready to Celebrate Trump and Itself
The elite of Silicon Valley are set to revel in their new clout during a long weekend of inaugural parties as President-elect Donald J. Trump is set to resume power.The New York Times - 5d -
‘Will Pay Any Amount’: Private Firefighters Are in Demand in L.A.
Hiring a private fire crew costs thousands of dollars a day, and most work through government contracts or with insurance companies. Some wealthy property owners are calling them in directly.The New York Times - Jan. 13 -
Goldman Sachs to deepen exposure to booming private credit industry
Wall Street bank is building new unit to service and compete with private investment firmsFinancial Times - Jan. 13 -
Private equity targets Europe for big buyout deals
Total value of large private equity deals in Europe increased at twice the rate of the rest of world in 2024Financial Times - Jan. 12 -
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 -
US and UK toughens sanctions on Russian oil industry
The actions are aimed at cutting off revenue Moscow is using to fund its war in Ukraine.BBC News - Jan. 11 -
Rich opt out of English courts for private divorces
Wealthy couples splitting up increasingly turn to arbitration as streamlined alternative to overburdened traditional routeFinancial Times - Jan. 10 -
Carter's grandson: He was the same in public and private
Jason Carter, the former president's grandson, delivered a eulogy filled with humor and personal remembrances on Thursday, telling mourners that the 39th president was the same man in public as he ...The Hill - Jan. 9 -
Private-sector hiring slows: ADP
Hiring in the U.S. private sector and pay growth slowed down in December last year across several industries, according to a report released on Wednesday. The Always Designing for People (ADP) ...The Hill - Jan. 9 -
CoinZoom: Revolutionizing the Financial Industry through Blockchain Technology
The US-based global fintech and payments company is working to enable financial freedom for millions worldwide. Having built a secure, accessible platform for businesses and consumers to utilize ...CBS News - Jan. 9 -
Flying Taxis Rise on Aviation Industry’s Horizon
Flying taxis are making major strides.Inc. - Jan. 8 -
Los Angeles wildfires disrupt television, entertainment industry
Jimmy Kimmel Live and other TV productions went dark Wednesday as fires spread. It's unclear when they'll resume.CBS News - Jan. 8 -
AT&T to Credit Customers After Internet Outages
The announcement follows a year of high-profile internet blackouts that hit several companies.The New York Times - Jan. 8 -
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Senate report slams private equity's "detrimental effects" on hospitals
Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report by a powerful Senate committee.CBS News - Jan. 7 -
Can I qualify for credit card debt forgiveness with a low credit score?
A low credit score could limit your debt relief options — but will it make you ineligible for debt forgiveness?CBS News - Jan. 7 -
Donald Trump Jr. arrives in Greenland for a brief "private visit"
Greenland's government says Donald Trump Jr. is visiting in a private capacity, so it won't discuss his presence as his father vows to make it part of the U.S.CBS News - Jan. 7 -
Blackstone joins private equity deal wave in US accounting sector
Acquisition of Citrin Cooperman from New Mountain Capital for $2bn marks a step up in valuationsFinancial Times - Jan. 7 -
‘Evolution not revolution’: Can the private sector help cut NHS waiting lists?
Keir Starmer has vowed to make better use of existing capacity to reduce massive backlogFinancial Times - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
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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 -
Empower skilled immigrants to revitalize America’s industrial heartland
The Heartland Visa Act of 2024, introduced by Sens. Young and Manchin, would allow visa hopefuls to bring their talents to the cities that need them most, providing a bipartisan solution to the ...The Hill - Jan. 3 -
Apple to pay $95m to settle claims Siri listened to users’ private conversations
Settlement of proposed class-action lawsuit represent nine hours of profit for Apple, which has denied wrongdoing. Apple has agreed to pay $95m in cash to settle a proposed class-action lawsuit ...The Guardian - Jan. 3 -
Sweden's green industry hopes hit by Northvolt woes
Financial problems at battery maker Northvolt have shaken hopes for Sweden's green industry sector.BBC News - Jan. 3 -
Crypto industry dreams of a golden era under Trump
The sector expects lighter regulation and wider adoption under the president-elect, but some worry about systemic risksFinancial Times - Jan. 2 -
Industrial policy must be practical not performative
New structures and pronouncements mean little unless business takes them seriously — there is no appetite for talking shopsFinancial Times - Jan. 2 -
Will 2025 be the year for plain vanilla ETFs or private assets?
After healthy returns from US equities, investors are being warned the era could end, and unlisted securities could be the answerFinancial Times - Jan. 2 -
Why is VAT being added to private school fees?
The government says the rule change will raise £460m extra to spend in state schools in 2024/25.BBC News - Jan. 1