In the world of finance, things don't always go as planned. Banks on Wall Street are now turning to private credit to make a big deal happen. They're helping Novacap Investments Inc. buy Integral Ad Science Holding Corp. , a company that analyzes ads. The plan changed because banks couldn't find eno
In late October, employees of Renovo Home Partners woke up to a harsh reality: their jobs vanished overnight. The company, once a promising venture backed by major investors like BlackRock, shut down abruptly. Workers were left without pay, health insurance, and unfinished projects. This sudden coll
Bombardier's Global 7500 is a top pick for the rich and famous. It's not just fast; it's also comfy and can fly really far. This jet has two powerful engines that make it one of the quickest private planes around. It can even fly from New Delhi to Tokyo in just 7 hours. Plus, it has a huge cabin wit
The world is at a crossroads with climate change. Ten years after the Paris Agreement, the gap between what's needed and what's being done is huge. Private money is key, but businesses and investors are holding back. Why? Uncertainty and instability are big reasons. Markets need clear rules, focus a
Ariana Grande and Ethan Slater have been facing a lot of talk about their relationship recently. Many people thought they had broken up, but it turns out that's not true. People who know them well say they are still together and happy. Some news reports and social media posts made things seem worse
The government shutdown messed up flights for many. Commercial airlines saw delays and cancellations. But private jets? They had a great month. More people flew private in October than in years. Over 245, 000 private jet trips happened. That's a big jump from last year. Florida, Texas, and Californ
In October, private companies added 42, 000 jobs, which was more than what experts predicted. This news came after a drop in September, where 29, 000 jobs were lost. The numbers were adjusted, showing that September's job loss was actually smaller than first thought. Some parts of the job market di
People are trying to make money by changing the climate. They want to reflect sunlight to cool the Earth. But this is risky business. Scientists have been studying this idea for years. They call it sunlight reflection methods, or SRM. It might help some countries deal with extreme heat. But it's not
Starbucks is making a big move in China. They are teaming up with Boyu Capital, a private equity group based in Hong Kong. This deal will create a joint venture worth $4 billion. Starbucks will keep a 40% stake in their 8, 000 Chinese stores. Boyu Capital will hold up to 60%. This isn't just about
The International Finance Corporation (IFC), a key player in global development finance, is shifting its focus to boost local-currency lending and direct investments in African companies. This move aims to help projects grow big enough to catch the eye of major global investors. Makhtar Diop, the IF
