Private equity investors trapped in China as top firms fail to find exit deals

Trump team reportedly planning immediate WHO exit, Trump slams Biden's death row commutations

President-elect Donald Trump's transition team is laying the groundwork for the U.S. to exit the World Health Organization on the first day he's in office, according to a new Reuters report. CBS ...

CBS News - 10h

Biden to Decide on U.S. Steel Sale After Key Panel Fails to Reach Consensus

The Committee on Foreign Investment in the United States sent its findings on Nippon Steel’s $15 billion proposed acquisition to Biden, who has 15 days to make a final decision.

Inc. - 11h

Mauritius holds out on Chagos Islands deal over Diego Garcia lease

UK government accused of ‘nitpicking about compensation’ after being told to pay more to retain military base. Mauritius is holding out over a deal to gain control of the Chagos Islands from the ...

The Guardian - 11h

Trading for a superstar -- and then dealing away an MVP? What to make of Cubs' confusing offseason

Trading for a superstar -- and then dealing away an MVP? Here's the Cubs' plans for 2025 -- and beyond.

ESPN - 12h

Display Option on Smart Glasses Shows How Meta May Succeed Where Google Glass Failed

Meta’s Ray-Ban sunglasses successful partnership adds a breakthrough feature in 2025, which could show us what “future smartphones” might look like, and kick off a new app economy.

Inc. - 13h

‘We need to be prepared’: China adapts to era of extreme flooding

While some residents take to building houses in trees, officials recognise need for national response to climate disasters. Every summer, Dongting Hu, China’s second-largest freshwater lake, swells ...

The Guardian - 16h

FirstFT: Private equity groups unable to sell or list China-based portfolio companies

Also in today’s newsletter, picks for France’s new cabinet, and Russian cargo ship sinks in the Mediterranean Sea

Financial Times - 17h

It’s time for a new approach to dealing with Trumpy relatives during the holidays | Jill Filipovic

We can share a Christmas ham with people who cast different ballots, even if their decisions frustrate or pain us. As Donald Trump prepares to enter his second term as president, one thing is ...

The Guardian - 17h

Don't Look Now, but China's AI Is Catching Up Fast

Chinese artificial-intelligence startups are using workarounds to challenge OpenAI despite a lack of access to advanced chips.

The Wall Street Journal - 18h

The 'Invisible Wall' Amplifying China's Population Doom Loop

A two-tier system that has long made workers leave children behind in villages is cutting into birthrates.

The Wall Street Journal - 23h

Netanyahu Signals Progress on Hostage Deal but Won’t Give Timeline

Pledging to secure the release of hostages held in Gaza by any means necessary, Prime Minister Benjamin Netanyahu of Israel said, “I don’t know how long it will take.”

The New York Times - 1d

9 Last-Minute Deals on WIRED-Approved Gifts That Will Arrive In Time

These discounted tablets, headphones, and kitchen goods can still make it under the tree—if you hurry.

Wired - 1d

How Multifamily Investors Can Beat the Odds in 2025

Thrive amid high interest rates with these five real estate investing techniques.

Inc. - 1d

Nordstrom Family Reaches $4 Billion Deal to Take Retailer Private

The department-store chain agreed to be acquired by members of the founding family and Mexican retailer El Puerto de Liverpool.

The Wall Street Journal - 1d

The Juan Soto wealth effect: Soaring athlete salaries attract wealth management firms

Skyrocketing salaries for top athletes and lucrative deals for college players have touched off a new gold rush among wealth management firms.

NBC News - 7h

How to find the most affordable car insurance

Auto insurance costs are rising, but drivers can still find affordable car insurance with the help of these tips.

CBS News - 13h

How a Consulting Firm and Trump’s I.R.S. Pick Pushed a Problematic Tax Credit

Billy Long worked with Lifetime Advisors, a company that solicited clients to claim a pandemic-era tax credit that the I.R.S. said became a magnet for fraud.

The New York Times - 13h

How Trump’s tariffs can generate both economic and political reform in China

If Trump is allowed by Elon Musk to stick to his guns, he can apply to China the principle he announced for his domestic opponents: “Success will be our retribution.”

The Hill - 13h

Panel fails to reach consensus on national security risk of U.S. Steel sale

A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel to purchase U.S. Steel.

CBS News - 14h

This contrarian investor says the tech bubble is getting scary. Here’s his game plan.

The bear market may have already begun, says contrarian investor Steven Jon Kaplan. Here are the red flags he’s already seeing.

MarketWatch - 14h

Rahm Emanuel rips US defense firms, calls for punishments in final Tokyo missive

U.S. Ambassador to Japan Rahm Emanuel is calling for defense firms that miss deadlines and increase costs to be forbidden from bidding on new military contracts as a punishment. The final note in ...

The Hill - 17h

Small retail investors hold about 9.5% of bitcoin. Here’s why that doesn’t tell the full story.

Here’s your comprehensive road map for tracking the footprint of retail investors across bitcoin’s $2 trillion market cap.

MarketWatch - 18h

Questions Emerge About Data Used by China to Defend Against Doping Allegations

China and the World Anti-Doping Agency say that positive tests for a banned drug among elite Chinese swimmers were a result of unwitting contamination. But the science behind that assertion is not ...

The New York Times - 18h

Holiday tips are topping out at pandemic-era levels

Many people are tipping their babysitters, housekeepers and teachers this holiday season, but often by the same amounts as three years ago.

NBC News - 18h

Did Elon Musk kill a bill blocking investments in China to help Tesla?

Democrats have accused the Tesla CEO of influencing the government-funding bill to his own benefit.

MarketWatch - 19h

Ripley to The Rings of Power: your top TV of 2024

Who is a god of TV? Who has magical chemistry? And who deserves to be lightning-bolted for bad behaviour? Here are Guardian readers’ best shows of the year. (Netflix) My favourite show of 2024. It ...

The Guardian - 19h

‘A sense of freedom’: China’s small bookshops relocate across the world

As stores that were spaces for open discussion have been forced to close, new ventures spring up overseas. On 24 November, exactly two years after a fire in an apartment building in Xinjiang ...

The Guardian - 21h

Investors call for UK government to reform defined benefit pensions

Overhaul could free up billions for real estate and infrastructure, asset managers say

Financial Times - 23h

UAE becomes Africa’s biggest investor amid rights concerns

Activists alarmed at emirati companies’ poor record on labour rights and fear projects may fail to address environmental concerns. The United Arab Emirates has become the largest backer of new ...

The Guardian - 23h

What is neijuan, and why is China worried about it?

The buzzword – which went viral after a student was filmed working on his laptop while riding his bicycle – reflects a mix of competitiveness and hopelessness amid China’s slowing economy. On the ...

The Guardian - 1d

MLB, umpires reach tentative deal for new CBA

Major League Baseball and the Major League Baseball Umpires Association came to a tentative agreement on a new five-year collective bargaining agreement Monday.

ESPN - 1d

Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access

The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to receive their pay.

NBC News - 1d

College basketball rankings: Kentucky slips in AP Top 25, No. 2 Auburn gains on top-ranked Tennessee

The Tigers received a few more first-place votes than last week and narrowed the gap behind the Volunteers

CBS Sports - 1d

Trump announces slate of top Pentagon appointments

President-elect Trump on Sunday night revealed several new nominees for senior Pentagon roles, including his pick for the Defense Department’s No. 2 civilian. In a Truth Social post, Trump said he ...

The Hill - 1d

Nordstrom to go private in $6.25 billion deal with Nordstrom family

Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal.

CBS News - 1d

US targets China with probe into semiconductor industry

The White House on Monday launched a new probe into China's semiconductor industry as the Biden administration continues to take more aggressive action against Chinese technology out of national ...

The Hill - 1d

Australia to extradite former Marine pilot who worked in China

Australia has agreed to extradite a former Marine pilot whom the U.S. has accused of training Chinese pilots more than a decade ago. Australian Attorney General Mark Dreyfus confirmed in a ...

The Hill - 1d

Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer

Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El ...

NBC News - 1d

GameSpot's Top Ten Games Of 2024

GameSpot brings you our staff picks for the best 10 games of 2024. Timestamps: 00:00 Astro Bot 03:30 Balatro 06:15 Elden Ring: Shadow of the Erdtree 08:25 Helldivers 2 10:55 Indiana Jones and The ...

GameSpot - 1d

Private equity investors trapped in China as top firms fail to find exit deals

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