Category: PMN Business

May 5

AGL, Blackstone Argue Credit Industry and Economy Looking Strong

If public markets sour, there should be plenty of opportunities in private markets, especially beyond traditional direct lending, according to the CEO of Canada’s Public Sector Pension Investment Board, Deborah Orida. She said the board may shift money from public markets into private credit assets like infrastructure, which should prove especially resilient if inflation picks […]
May 4

‘Thunderbolts’ kicks off the summer movie season with $76 million at the box office

Following Hutchins’ death, the film’s armorer, Hannah Gutierrez-Reed, was sentenced to prison for involuntary manslaughter. First assistant director David Halls was sentenced to probation after pleading no contest to negligent use of a deadly weapon. Involuntary manslaughter charges against Baldwin, a co-producer on the film, were twice dismissed, in 2023 and again in 2024.
May 3

Warren Buffett’s best and worst investments in his 60 years as Berkshire Hathaway CEO

— Blue Chip Stamps: Buffett and Munger, Berkshire’s former vice chairman, took control of Blue Chip in 1970 when the customer rewards program was generating $126 million in sales. But as trading stamps fell out of favor with retailers and consumers, sales steadily declined; in 2006, they totaled a mere $25,920. However, Buffett and Munger […]