NYTIMES (Maureen Farrell) - Private Equity Is Stuck With 33,575 Unsold Businesses
Even amid a booming deal-making environment, private equity firms are unable to exit a growing number of investments at values their investors require.
AMERICANALMANAC (Sadie Smith) - Keith Urban reportedly struggling after Nicole Kidman's new romance surfaces
Country music star Keith Urban is reportedly reeling after photographs surfaced of his ex-wife Nicole Kidman with a new romantic partner, a private-equity businessman she has apparently been seeing for months. The 58-year-old singer had allegedly held out hope for reconciliation with Kidman, 59, even after their divorce was finalized in January following 19 years […] The post Keith Urban reportedly struggling after Nicole Kidman's new romance surfaces appeared first on American Almanac .
Country music star Keith Urban is reportedly reeling after photographs surfaced of his ex-wife Nicole Kidman with a new romantic partner, a private-equity businessman she has apparently been seeing for months. The 58-year-old singer had allegedly held out hope for reconciliation with Kidman, 59, even after their divorce was finalized in January following 19 years of marriage. But Daily Mail photographs showing the Oscar-winning actress holding hands and sharing a kiss with businessman Michael Reinstein on the Italian Riviera appear to have ended that possibility for good. An unnamed insider told the Australian magazine New Idea that Urban was blindsided by the images and the reality they represent. "Up until now, the door had been…Open
NYTIMES (Ryan Mac) - SpaceX’s Stock Lockup Is Expiring. Prepare for a Bumpy Ride.
On Thursday, employees and other insiders at Elon Musk’s rocket company will be released from their first stock “lockup” and can start selling some of their shares.
NEWSNATIONNOW (Associated Press) - UEFA says it has lost confidence in FIFA president
Infantino was forced to scrap the plan \after his senior adviser, who sat on a White House panel, resigned.
NPR (Rafael Nam) - FIFA scraps controversial deal to sell stakes in World Cup to private investors
FIFA abandoned a plan to create a commercial venture and then sell stakes to minority investors, just days after unveiling it. The plan drew sharp condemnation — and a boycott from European nations.
JUSTTHENEWS (Misty Severi) - FIFA President says organization will not sell stakes in World Cup to private equity investors
Infantino said he plans to bring the sport back together in the coming days "with the objective to continue growing football everywhere, particularly in those countries that mostly need our support.”
DAILYCALLER (Paris Apodaca) - EXCLUSIVE: This Little-Known Climate Report Card Casts A Dark Cloud Over Home Sales — And BlackRock Is Involved
‘American homeowners deserve to know’
A new climate-related metric advanced by a company linked to private equity firms is quietly subverting the U.S. housing market, a new report claims. Major online real estate platforms such as Zillow, Relator.com, Homes.com and Redfin all have featured predictive climate-risk scores, according to a July report from the American Energy Institute and Consumers’ Research first shared with the Daily Caller News Foundation. The scores, developed by private company First Street, can often directly contrast with the Federal Emergency Management Agency’s (FEMA) official flood maps and determinations. “For most American families, a home is their single largest financial asset and the primary vehicle for building generational wealth,”…Open
NYTIMES (Ana Swanson) - Trump Is Snapping Up Stakes in Private Companies. Could A.I. Be Next?
Some tech executives are nervous that recent scrutiny of artificial intelligence models could be a prelude to a demand by the Trump administration for an ownership stake.
REDSTATE (Ben Smith) - Elon Musk’s SpaceX Is Coming for Your 401(k), and the Left Is Going to Hate This
DAILYCALLER (Francis Kapper) - Pentagon Could Be Getting Into Private Equity Game
'Money-making potential'