Every May, thousands of horse-racing fans head to Churchill Downs for the Kentucky Derby. In January, thousands of builders and bankers head to a massive venue across the street from the racetrack – the Kentucky Exposition Center – to talk houses rather than horses at the Louisville Manufactured Housing Show. This year’s iteration of the … Read more
It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
Jon Gray, the president of Blackstone Group, the world’s biggest alternative asset investment firm with $1tn under management, is watching for signs of an economic slowdown in the coming months. “So I think the Fed is going to slow the economy. And that’s really their objective, right?” Gray said in an interview with Private Equity News’ sister … Read more
Following is a summary of current entertainment news briefs. No ‘Love Shack’ at White House – B-52s won’t play Aussie dinner At the White House, the dinner is on but the band is out. The B-52s’ planned performance at U.S. President Joe Biden’s state dinner for Australian Prime Minister Anthony Albanese on Wednesday was scrapped … Read more
Following is a summary of current entertainment news briefs. Disney nears deal to sell $10-billion valued India business to Reliance -Bloomberg News Disney is nearing a deal to sell its India operations, which it values at around $10 billion, to Reliance Industries, its biggest rival in the country, rather than sell the business in parts, … Read more