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Private Equity and Traditional Insurers Spar Over Risk Rules
Over the past decade, insurance has become a cash cow for PE firms. The standoff over illiquid securities has become ‘a proxy for private equity’s entrance into the sector,’ says one observer.The Wall Street Journal - World -
Renegade Partners Nets $128 Million as Smaller Funds Have Their Moment
The average size of a U.S. venture fund in the first quarter of this year was $105 million, a 34% fall from all of last year and its lowest level since 2017.The Wall Street Journal - World -
UCLA Violence Prompts Police Response After Demonstrations Are Broken Up at Columbia
Footage at UCLA showed fireworks being directed at the demonstrators’ encampment and brawls breaking out between protesters, some armed with sticks and other improvised weapons.The Wall Street Journal - World -
Companies Trim Debt, Faced With High Rates
The current high interest rates have pushed up the cost of borrowing for most companies, forcing them to tackle their debts, analysts said.The Wall Street Journal - World -
A Yeast-Like Bacteria Can Cut Carbon Emissions While Creating Sustainable Aviation Fuel and Sneakers
LanzaTech’s technology can cut steel plants’ CO2 output by a third while also creating ethanol for environmentally friendly plastics and fuel.The Wall Street Journal - World