Private Equity Firm - QuikReader

UK regulators urged to make City firms report data on ‘class ceiling’

Letter from campaigners calls for mandatory reporting of socio-economic backgrounds

Financial Times - Dec. 8

Director claimed £50k Covid loan then closed firm

The Insolvency Service says there is no evidence the company had ever traded.

Yahoo Sports - Dec. 7

How to get a low home equity loan rate for 2025

Ready to borrow from your home equity? Here are three ways to get a low home equity loan rate for 2025.

CBS News - Dec. 6

Elon Musk’s X.AI wins $6 billion in private funding as the latest unicorn to avoid an IPO

X.Ai, a competitor to ChatGPT parent OpenAI, disclosed a large round of funding without the need to become a public company.

MarketWatch - Dec. 6

FirstFT: US equity funds record $140bn of inflows after Trump’s election win

Also in this newsletter, South Korea’s ruling party warns president could impose martial law again and the FT’s most influential women of 2024

Financial Times - Dec. 6

Millions hurt by credit repair firms to share $1.8 billion in refunds

Payments to victims of Lexington Law and CreditRepair.com are the largest yet by Consumer Financial Protection Bureau.

CBS News - Dec. 5

Rocket Firm CEO Wants to Protect Satellites With Space Weapons

Yahoo News - Dec. 5

LSU star Flau'jae Johnson continues NIL success, signs equity deal with women's basketball league Unrivaled

LSU star Flau'jae Johnson has signed an equity deal with women's basketball league Unrivaled.

CNBC - Dec. 5

Public campaign to sway CFP Selection Committee fuels private calls for change - maybe even back to computers?

Sources tell CBS Sports that the Big Ten and the SEC have concerns over the current makeup of the 13-person committee

CBS Sports - Dec. 5

China sanctions US defense firms over Taiwan arms sales

China on Thursday sanctioned 13 U.S. defense firms over arms sales to the self-governing island nation of Taiwan. The companies targeted by China are smaller defense tech firms that have worked on ...

The Hill - Dec. 5

San Vicente Santa Monica: Jeff Klein’s Latest Multimillion-Dollar Private Club Project

Jeff Klein, the hotelier who turned Tower Bar into a Los Angeles institution, has opened a $40 million private club at the beach.

The New York Times - Dec. 5

China Slaps Sanctions on 13 U.S. Defense Firms

The largely symbolic move is in response to the Biden administration’s latest arms sales to Taiwan, the island democracy that China considers its own.

The New York Times - Dec. 5

Lobbying firm with ties to Trump appears poised to profit from new administration

Ballard Partners, whose founder has personal ties to Donald Trump, seems poised to profit from Trump's return to Washington, raising concerns from some ethics experts.

ABC News - Dec. 4

Trump taps billionaire private astronaut Jared Isaacman as next NASA chief

Jared Isaacman is an entrepreneur and veteran private astronaut with strong ties to Elon Musk and his rocket company SpaceX.

CBS News - Dec. 4

Why you should get a home equity loan for 2025

A home equity loan can be a smart financial tool for homeowners heading into 2025. Here's why.

CBS News - Dec. 4

Billionaire who performed the first private spacewalk is Trump's pick to lead NASA

President-elect Donald Trump has tapped a tech billionaire who performed the first private spacewalk to lead NASA

ABC News - Dec. 4

Trump taps billionaire and private astronaut Jared Isaacman to lead Nasa

Aerospace defense firm founder was first civilian to walk in space and led first flight of all-private crew of astronauts. A billionaire entrepreneur who led the first flight of an all-private ...

The Guardian - Dec. 4

Trump nominates Jared Isaacman, private astronaut and Shift4 CEO, for NASA chief

President-elect Donald Trump on Wednesday nominated Jared Isaacman to be NASA Administrator.

CNBC - Dec. 4

Private payrolls grew by 146,000 in November, less than expected, ADP says

Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.

CNBC - Dec. 4

Investors signal a return to UK equities

November was the first month for over three years that money came back into British stocks

Financial Times - Dec. 4

Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says

Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firms

MarketWatch - Dec. 4

Nobody wants to be short this market: “equity repo” edition

Cozzie livs? More like cozzie levs

Financial Times - Dec. 4

FBI tells telecom firms to boost security following wide-ranging Chinese hacking campaign

U.S. officials are urging telecommunication companies to boost network security following a Chinese hacking operation that gave officials in Beijing access to the private texts and phone ...

ABC News - Dec. 3

Tiger Woods has no firm answers on a deal with Saudis or his future as a player

Tiger Woods doesn't have a clear view of the future, whether that's his playing schedule for the PGA Tour's negotiations with the Saudi funders of LIV Golf

ABC News - Dec. 3

Trump says he'll block controversial U.S. Steel acquisition by Japanese firm

President-elect Donald Trump said he would block the proposed acquisition of U.S. Steel by the Japanese Company Nippon Steel. President Biden is yet to decide on the sale that has faced bipartisan ...

CBS News - Dec. 3

BlackRock Acquires HPS, a Major Lender of Private Credit

The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion.

The New York Times - Dec. 3

Alex Mashinsky: founder of bankrupt crypto firm to plead guilty to fraud

Mashinsky, 59, who led Celsius and was charged last year on seven criminal counts, agrees to plead guilty to two. Alex Mashinsky, the founder of bankrupt cryptocurrency lender Celsius Network, said ...

The Guardian - Dec. 3

What drives home equity loan interest rates?

Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.

CBS News - Dec. 3

How Private Funds Could Hurt Americans Under Trump

The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.

The New York Times - Dec. 3

Here’s how investors will be affected by BlackRock’s $12 billion purchase of private-credit provider HPS

In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.

MarketWatch - Dec. 3

SpaceX’s $350 billion private valuation signals an IPO is off the table for now

Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.

MarketWatch - Dec. 3

Audit firms sharpen knives for oversight panel under Trump

Threat to accounting board is greatest since it was created in the wake of the Enron audit scandal, accounting veterans say

Financial Times - Dec. 3

Talent agency Gersh acquires sports representation firm You First in major expansion

Beverly Hills talent agency Gersh will acquire Madrid-based sports representation firm You First, marking an entry into the business of working with athletes.

Los Angeles Times - Dec. 3

What's the home equity loan interest rate forecast for December 2024?

Will December be a good time to borrow from your home equity? Here's where rates could head this month.

CBS News - Dec. 3

BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion

The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.

CNBC - Dec. 3

Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers

Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.

CNBC - Dec. 3