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DOJ Investigating House Dem for Misusing Gov’t Funds for Private Security

The Justice Department has subpoenaed House Democrats on charges of misusing government funds meant for national security. The allegations became public on Monday and were first report From Punch Bowl News. 🚨Breaking news — @mayu_1212 is investigating House Democrats for allegedly misusing government funds intended for personal safety purposes. This was the subpoena read out […]

NRA head confirms he used company funds for private trips, gifts in court testimony

National Rifle Association (NRA) Chairman Wayne LaPierre admitted in court Friday that he used company funds for personal trips and gifts. New York Attorney General Letitia James (D) sued the NRA in 2020, alleging that LaPierre and other company executives diverted millions of dollars from the company's mission and used it for lavish personal gain. […]

David Ellison’s SkyDance Media wants to take Paramount take private

David Ellison's Skydance Media and its financial backers are reportedly considering a deal to take Paramount Global private. Skydance — the film and television studio run by Ellison, son of Oracle founder Larry Ellison — has exchanged preliminary information with Paramount. CNBC reported Wednesday night.said an anonymous source. Full due diligence has not yet begun, […]

Humana's Dire Forecast Shows Private Medicare Boom Is Ending – Yahoo Finance

(Bloomberg) – Private Medicare plans, which have driven growth for U.S. health insurers for years, may become less profitable and burden older people, Humana Inc.’s results show, leading to an industry-wide decline in profitability. Stock prices fell. Most Read Articles on Bloomberg Humana, the No. 2 Medicare Advantage company, struck a pessimistic tone after it […]

How private credit became one of the hottest investments on Wall Street – CNBC

Private credit has become one of the most popular investment classes on Wall Street in 2023. Alternative data platform Preqin predicts that this asset class will reach $2.7 trillion by 2027. Several companies, including Apollo Global and Ares Management, have helped grow this market from just $250 billion in 2010. This is partly due to […]

Arkhouse confirms $5.8 billion proposal to take Macy’s private

ArkHouse Management and its partner Brigade Capital Management on Dec. 1 made a $5.8 billion offer to take department store chain Macy's private, ArkHouse confirmed on Sunday. ArkHouse Management, an investment firm specializing in real estate, and Brigade Capital Management, a global asset manager, have submitted a proposal to acquire Macy's shares they do not […]

Russian Private Jet Believed to Have Crashed over Afghanistan

ISLAMABAD (AP) — A Russian private jet carrying six people appears to have crashed in a remote area of ​​rural Afghanistan, authorities said Sunday. The crash occurred on Saturday in a mountainous area near the Zebak district of Badakhshan province, regional spokesperson Zabihullah Amiri announced, adding that a rescue team had been dispatched to the […]