Private equity firms have a unique way of making money. They buy companies, improve them, and sell them for a profit. If they buy a company for $2 billion and sell it for $3 billion, they earn a big bonus. This bonus is called a "carry. " It's usually 20% of the profit, which in this case would be $
Caffeine is everywhere. It’s in our morning coffee, afternoon tea, and even in some sodas. But what if you want to cut back? It’s not always easy. Many people feel like they have to choose between feeling alert and enjoying a tasty drink. But things are changing. More people are looking for ways to
The U. S. Defense Logistics Agency (DLA) is taking a step back to rethink its cobalt purchasing strategy. With cobalt prices surging by 50% since August, the agency is now reassessing its plans to stockpile this crucial metal. The DLA's initial tender, which aimed to purchase 7, 480 metric tons of c
After the big National Signing Day event, some top football players are still waiting to decide. Many schools have already signed their new players. But some athletes are taking their time. They might sign later this week or even next week. One big story is about LSU's defensive line recruits. LSU
Queens is gearing up for a snowy weekend, with forecasts predicting 5-7 inches of snow. City officials recently shared their winter preparedness plans at a meeting in Borough President Donovan Richards' office. Antonio Whitaker, assistant director of the Bureau of Community Affairs at the NYC Depart
Central New York is gearing up for another round of winter weather. A winter weather advisory is in place for several counties, including Onondaga, Madison, Oswego, Jefferson, and Lewis. The main culprit? Lake effect snow, which is expected to make its presence felt on Thursday. The National Weathe
Italy's defence chief recently hinted that more countries might soon hop on board the GCAP jet project. This isn't just any jet—it's a high-tech, next-gen fighter set to debut around 2035. Right now, Italy, Britain, and Japan are the main players, but Germany, Australia, Saudi Arabia, and Canada are
Jennifer Lopez made heads turn at The Hollywood Reporter's 2025 Women In Entertainment Gala. She stepped out in a striking chocolate-brown suit designed by Harith Hashim. This wasn't your typical office wear. The blazer had a daring plunging neckline, showing off her cleavage. The skirt was modest,
Justin Fenchel, the head honcho at BeatBox Beverages, has quite the daily grind. He's a dad, a husband, and a CEO all rolled into one. His day kicks off bright and early at 6:15 a. m. , thanks to his 13-month-old baby. He's not a morning person, but he's learned to adapt. His first stop is checking
Finland is often called the happiest country in the world. It has been for a while. But why? It's not just about money. It's about how people live. The country has a small population. Around 5. 6 million people live there. But they enjoy high living standards. They have good social mobility. And the
