David Ellison looks to Elon Musk for investment in Paramount equity, according to a report.
Executives at Paramount are reportedly contemplating inviting billionaire Elon Musk to invest in their $81 billion acquisition of Warner Bros. Discovery, a move that could exacerbate unrest among CNN’s workforce. David Ellison, a prominent figure in Hollywood, is actively trying to strengthen his media empire’s finances in light of the upcoming merger. He’s been considering […]
Trump’s SEC Aims to Eliminate Private Equity Pay-To-Play Regulation, Heightening Worries About Public Corruption
The Trump administration is taking steps to eliminate a regulation aimed at preventing private equity firms from engaging in corrupt practices involving public officials amid various pay-to-play controversies. Last Thursday, the U.S. Securities and Exchange Commission (SEC) sought to repeal a regulation that prohibits investment advisers from receiving payment for advisory services to government clients […]
Apollo private equity firm agrees to support financial arrangement with New York Yankees for $2.6 billion
Private Equity Joins Major League Baseball Scene Private equity has taken a significant step into Major League Baseball. For some time now, these investment firms have shown interest in the lucrative sports landscape, extending from college football teams to major professional leagues. This week, however, it became evident that they are eager to amp up […]
Smithsonian appointed leaders with a focus on diversity, equity, and inclusion.
Lawmakers Criticize Smithsonian Exhibit as ‘Woke’ Rep. Brandon Gill (R-Texas) discussed concerns on “Fox & Friends Weekend,” where Republicans claim that the Smithsonian Institution’s museums are prioritizing leftist agendas over historical accuracy. As scrutiny of the Smithsonian’s museums intensifies among Republicans, it seems more individuals from previous Democratic roles or progressive nonprofits are now in […]
Single NYC Council Democrat opposing Mamdani’s $126B budget criticizes mayor for insufficient ‘equity’
In a recent City Council vote, the lone Democrat opposing New York City’s nearly $126 billion budget expressed strong criticism towards Mayor Zoran Mamdani. Bronx City Council member Althea Stevens argued that the budget was hastily crafted and shifted funding inappropriately, favoring wealthier neighborhoods over others in need. Stevens criticized the budget for its lack […]
Pentagon May Start Investing in Private Equity
A new bill proposes a provision enabling the Army Department to invest in private companies. This is outlined in section 1051 of the Senate version of the National Defense Authorization Act for 2027 (NDAA). Titled “Authority for Equity Investments by the Office of Strategic Capital,” it might establish a new bank account within the U.S. […]
Knicks parade participant who littered on the sidewalk has been identified as a JPMorgan Chase executive in Diversity, Equity, and Inclusion, and has been quickly dismissed.
New York Knicks Celebrate Championship Amid Wild Parade The New York Knicks winning the NBA Finals was a monumental achievement for the team and its fans, finally putting an end to a lengthy championship drought. This triumph provided fans with the perfect reason to engage in some quintessential New York antics during the subsequent celebrations, […]
Former Patriots coach Jerod Mayo gets a new position with a private equity company.
Jerrod Mayo Takes on New Role Jerrod Mayo has a new gig. And, surprisingly, it’s not in sports. The former head coach of the Patriots stepped into the position of managing director at Fifth Down Capital, a private equity firm, back in February, as noted in his LinkedIn profile. According to the firm’s website, “Jerrod […]
The NFL’s focus on private equity risks harming competition.
Pyrex’s Downfall and NFL’s Private Equity Concerns Have you come across Pyrex? You know, that glassware that’s almost unbreakable? It’s likely hiding somewhere in your cupboard. Pyrex has been around for over a century, generating jobs in western Pennsylvania, becoming a household name for many. No one’s doing glass heat-resistant dishes quite like Pyrex. From […]
Mayor Mamdani avoids questions about the removal of DEI from the equity report in NYC.
Mayor Mamdani’s Racial Equity Plan Sparks Debate New York City Mayor Zoran Mamdani has highlighted significant racial wealth disparities, with a staggering gap of over $180,000 between white and black households, as a basis for enhancing diversity initiatives, increasing taxes, and reducing police positions. Recently, he unveiled a 375-page “Racial Equity Interim Plan,” contending that […]