Big Lots Files for Bankruptcy Protection Sells to Private Equity Firm As It Promises to Keep Offering Extreme Bargains
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Haberman: Trump complaining Musk is 'around a lot'
The New York Times’s Maggie Haberman said President-elect Trump is complaining that tech billionaire Elon Musk is “around a lot.” “Trump does complain a bit to people about how Musk is around a ...The Hill - 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 -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - Jan. 7 -
Another year of big wage hikes likely at big Japan firms, business lobby chair says
Yahoo News - Jan. 7 -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - Jan. 7 -
Minneapolis Promises Police Overhaul in Deal With Justice Department
With only two weeks left in the Biden administration, officials hurried to finalize a plan in the city where George Floyd was murdered.The New York Times - Jan. 6 -
Firm completes 'really interesting' zoo project
Yahoo News - Jan. 6 -
Trump promises pardons for Jan. 6 Capitol rioters
President-elect Donald Trump has promised pardons for those who stormed the Capitol four years ago to try to disrupt the certification of President Biden's election win. CBS News political ...CBS News - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - 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 -
Bluefin tuna as big as a motorcycle sells for $1.3 million at an auction in Tokyo
A bluefin tuna was sold for around $1.3 million, marking the second-highest bid at Tokyo's Toyosu fish market's annual auction since its inception in 1999, according to market organizers.NBC News - Jan. 6 -
China rushes to reassure investors as equities and renminbi fall
CSI 300 down 4.2% this year and currency slides to 15-month low as Donald Trump’s return weighs on marketsFinancial 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 -
The Gen Z problem for audit firms
The profession is finding it harder to attract and retain staff — a key factor in the quality of inspectionsFinancial Times - Jan. 6 -
Remembering Jimmy Carter: "He really meant a lot to people around here"
The state funeral began Saturday in Georgia for former President Jimmy Carter, who died last week at the age of 100. Mark Strassmann reports from Carter's hometown of Plains.CBS News - Jan. 5 -
Curb extremism now or face new terrorist threats, Labour warned
Experts say measures announced so far are not enough to turn the tide. Labour must reverse years of political failure on extremism to stop it fuelling more disorder, violence and terrorism in ...The Guardian - 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 -
New Orleans attacker fell into extremism after marital and financial woes
Shamsud-Din Jabbar once worked at a major accountancy, but a chaotic family life undermined his stability. Shamsud-Din Jabbar’s descent into religious extremism unfolded over years – but his deadly ...The Guardian - Jan. 4 -
This factor makes 11 stocks look like better bargains even after they soared in 2024
Some stocks’ price-to-earnings valuations declined even as they outpaced the S&P 500’s big gain.MarketWatch - Jan. 4 -
U.S. Private Equity Shot Up in 2024, Signaling a Potential ‘Golden Age’ Ahead
New data from PitchBook paints a positive picture of the U.S. PE landscape.Inc. - Jan. 3 -
Trump has made a lot of Day One promises. Which will he keep?
Way up on his list of Day One priorities is his promise to begin rounding up and deporting immigrants who snuck into this country — and those who committed serious crimes would be the first to go.The Hill - Jan. 3 -
Our best and worst stocks in 2024 actually had a lot in common
AI spending, the Federal Reserve's easing campaign and Donald Trump's election victory were key themes for the market and our stocks in 2024.CNBC - Jan. 3 -
Fears of extremism in military jump after New Year’s attacks
{beacon} Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Fears of extremism in military jump after New Year’s ...The Hill - Jan. 3 -
New Year's attacks fuel fears of extremism in military
The primary suspects in two deadly attacks on New Year’s Day shared a history of service in the U.S. military, underscoring persistent fears over extremism within the armed services that officials ...The Hill - Jan. 2 -
3 safety features home equity loans offer borrowers now
These three unique features make home equity loan borrowing especially secure right now.CBS News - Jan. 2 -
Recordings by New Orleans attack suspect express extreme religious views
Audio from Shamsud-Din Jabbar contains diatribes against music, drugs, sex and other sensuous pleasures. Nearly a year before he allegedly killed 14 people and injured dozens more by driving a ...The Guardian - Jan. 2 -
Content Creators Worry OpenAI Won’t Release a Tool That Promised to Protect Their IP
OpenAI said it would make it easy for content creators to prevent their material from being used to train AI, but it hasn’t yet delivered.Inc. - Jan. 2 -
How to Stay Safe in Extreme Cold Weather
Experts offer tips to protect against common health hazards as temperatures plummet.The New York Times - Jan. 2 -
What will happen to home equity levels in 2025?
Home equity levels will likely continue to rise in 2025, but at a slower pace than we've previously seen.CBS News - Jan. 2 -
‘The best abs I’ve ever had – but it hurt!’: the punishing rise of extreme pilates
Intense workouts like Solidcore and SLT are booming, one $43 class at a time. Are they making women stronger or feeding Ozempic-era expectations for thin bodies?. It’s lunchtime on a Wednesday and ...The Guardian - Jan. 2 -
Can Labour sell a softer prisons policy?
The sweeping, costly reforms needed to relieve overcrowded jails will test Labour’s resolve in persuading the publicFinancial 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 -
Alibaba to Sell Stake in Chinese Hypermarket Operator
Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.The Wall Street Journal - Jan. 1 -
Republican-run states see opportunity to push extreme policies under Trump
Emboldened red states could advocate for rightwing reforms from steep tax cuts to slashes to education. Republican state lawmakers and conservative leaders around the United States see Donald ...The Guardian - Jan. 1 -
Green-Energy Firms' Pitch to Trump: You're Going to Need a Lot of Power
Instead of touting projects as “clean and affordable,” renewables firms are highlighting their projects’ ability to meet energy needs.The Wall Street Journal - Jan. 1 -
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