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

Trump’s Plans to Scrap Climate Policies Has Unnerved Green Energy Investors

President-elect Donald J. Trump is expected to roll back many of the rules and subsidies that have attracted billions of dollars from the private sector to renewable energy and electric vehicles.

The New York Times - 1h

CFP viewership topped by Saturday NFL games

College football's 12-team playoff rollout was spoiled by the NFL, with the Texans-Chiefs getting 15.5 million viewers while the SMU-Penn State game averaged 6.4 million. The Steelers-Ravens game ...

ESPN - 1h

Nvidia sees ‘remarkable’ influx of retail investor dollars as traders flock to AI darling

Nvidia is on pace to dethrone Tesla, the retail investor favorite that earned the most-bought title last year.

NBC News - 1h

These are the top Christmas carols of all time

Parade magazine has released its list of the top Christmas carols of all time and the list includes many holiday classics like “Silent Night,” “12 Days of Christmas” and more. See which one took ...

NBC News - 3h

Nvidia sees 'remarkable' influx of retail investor dollars as traders flock to AI darling

Everyday traders bought nearly $30 billion of Nvidia shares on net this year, Vanda data shows.

CNBC - 3h

The China-India rivalry will define the future of Asia

In recent years, India is tasting the bitter fruits of Modi’s initial efforts to appease China.

The Hill - 4h

Looking for Private Equity (or a Merger) in 2025? Here’s What You Should Know

Trump’s deregulatory push, interest rate cuts, and the PE ‘bullwhip effect’ are expected to influence M&A in 2025.

Inc. - 5h

Sephora Promo Codes and Deals: Save Up to 50%

Find best-selling cosmetics, fragrances, and beauty products for up to half the price at Sephora.

Wired - 8h

Palestinian Christians struggle to find hope at Christmas

For the second year running, tourists are staying away and public festivities have been cancelled.

BBC News - 10h

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 - 21h

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. - 23h

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. - 1d

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 - 1d

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 - 1d

How Multifamily Investors Can Beat the Odds in 2025

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

Inc. - 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 - 2d

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 - 2d

Trump’s Plans to Scrap Climate Policies Has Unnerved Green Energy Investors

President-elect Donald J. Trump is expected to roll back many of the rules and subsidies that have attracted billions of dollars from the private sector to renewable energy and electric vehicles.

The New York Times - 1h

Private equity payouts fell 50% short in 2024

Value of investments cashed out lingers well below historic average for third consecutive year

Financial Times - 11h

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 - 19h

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 - 22h

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 - 1d

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 - 1d

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 - 1d

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 - 1d

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 - 1d

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 - 1d

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 - 1d

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 - 1d

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 - 1d

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 - 2d

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 - 2d

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

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