A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. Fears of rising defaults and a systemic crisis from private credit don’t reflect the underlying
0 Comments
This content contains affiliate links. When you buy through these links, we may earn an affiliate commission. Welcome to Today in Books, our daily round-up of literary headlines at the intersection of politics, culture, media, and more. Here are the biggest headlines from last week. Oprah Winfrey Names Maria Semple’s Go Gentle as Her Latest
0 Comments
LGBT charity investigates after leading trustee resigns following online speculation A Scottish LGBT charity has said it will undertake a full investigation after media reports that the convenor of its board had ‘embellished’ his CV.  LGBT Youth Scotland said Timothy Westwood had resigned from his position after “significant online discussion and speculation” relating to his
0 Comments
New innovation in the exchange-traded fund industry could come at a cost to investors during extreme conditions. According to MFS Investment Management’s Jamie Harrison, ETFs involved in increasingly complex derivatives and less transparent markets may be in uncharted territory when it comes to violent downturns. “Those would be something that you’d want to keep an
0 Comments
Reed Hastings, Netflix’s co-founder and then-CEO, in Sydney to meet with executives of other subscription streaming services on Feb. 25, 2022. Wolter Peeters | Fairfax Media | Getty Images Netflix shares fell 9% in extended trading on Thursday after the streaming giant released its first-quarter earnings report and announced a key governance change. The company
0 Comments
Mei Mei is a curious, loving 12-year-old who lives with her parents in 1884 San Francisco, where they immigrated from Canton, China, in 1875. She’s “not allowed to / go to a public school / in San Francisco / with the American kids,” but attends a school in a church basement with white teachers who
0 Comments
If you favor the clean look over facial hair, then shaving is probably the lengthiest part of your getting-ready routine. For something that takes so much effort to then ruin your look with splodgy red marks all over your money-maker seems as unfair as life can get. Don’t panic, ditch the trimmer and go full-on
0 Comments
Charities risk losing credibility if they fail to anchor community engagement in lived experience amid a changing political environment, the chief executive of the social justice charity Nacro has warned. Speaking at the Good Agency’s inaugural summit in London yesterday, chief executives said the voluntary sector must improve how it responds to a changing world,
0 Comments
As grocery chains face mounting pressure from inflation-weary shoppers and growing competition, some in the industry are starting to rely on artificial intelligence to protect margins without losing customers. Traditional levers to protect profits or drive sales, like raising prices or running blanket promotions, are becoming less effective as shoppers split trips across multiple retailers
0 Comments
For years, Netflix top brass would tell investors they were builders not buyers. Now, that sentiment toward growth may be changing. On Thursday Netflix reported its quarterly earnings. Typically, Netflix’s earnings calls are focused on metrics like engagement, content spending, price hikes and membership. While those factors were still present on Thursday’s call, analysts were
0 Comments
This content contains affiliate links. When you buy through these links, we may earn an affiliate commission. Hollywood relocated to Las Vegas this week for CinemaCon, the world’s largest annual convention for film industry professionals and media. The event, focused on studio showcases, industry networking, and exclusive trailer previews, brought big news for several high-profile
0 Comments
Wu Lyf are postponing all of their upcoming North American tour dates. In a statement posted to Instagram, the British indie-rock band cited “delays in visa processing” and wrote that they’ll “be announcing new dates as soon as possible.” Find the full post below. All purchased tickets will be valid at Wu Lyf’s rescheduled shows.
0 Comments
Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 58% increase in first-quarter profit, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong. Here are the company’s results
0 Comments
Marvel has dropped a new trailer for Avengers: Doomsday, which teased the arrival of Robert Downey Jr.’s Doctor Doom, the most formidable foe our heroes have faced yet. The trailer was shown in the room at CinemaCon as part of Disney‘s presentation Thursday in Las Vegas. “Something’s coming, something we may not be able to
0 Comments