Deutsche Bank AG flagged a €26 billion ($30 billion) exposure to private credit, an asset class that’s grappling with fund redemptions, scrutiny of underwriting standards and the impact of AI on some borrowers such as software makers. Source link
For recent graduates parsing layoff announcements for signals of their career prospects, a Wednesday letter from Atlassian’s CEO offered a surprising vote of confidence for their value in the workplace. Loading audio narration… Atlassian CEO Mike Cannon-Brookes spelled out three categories of workers the company wanted to retain in its announcement that it was cutting…
The U.S. Navy is not ready to escort oil tankers through the Strait of Hormuz, Energy Secretary Chris Wright told CNBC in an interview Thursday. “It’ll happen relatively soon but it can’t happen now,” Wright said. “We’re simply not ready. All of our military assets right now are focused on destroying Iran’s offensive capabilities and…
Red Cat CEO Jeff Thompson discusses Iranian drone threats to California on ‘Mornings with Maria.’ American officials are on heightened alert after federal authorities warned that Iran could attempt to launch drones toward the California coast, raising concerns about how easily low-cost unmanned aircraft could threaten U.S. cities. Red Cat CEO Jeff Thompson joined FOX…
Maslansky + Partners President Lee Carter comments on President Trump addressing affordability at the McDonald’s summit and Disney dropping diversity terms from their business report on ‘The Bottom Line.’ McDonald’s is doubling down on its “McValue” menu as the fast-food giant acknowledges that years of post-pandemic price hikes have left many Americans feeling priced out…
The European Regions Airline Assoc. (ERA) president Jesper Rungholm has used his keynote address at the association’s annual conference to criticise EU legislation affecting the sector. Regulation 261 was introduced to lay down airline passenger rights when flights are delayed, cancelled, or overbooked. If a passenger experiences any of these issues, or is denied boarding…
New York City, United States, March 12th, 2026, FinanceWire Enhanced operational resilience framework prioritizes continuity, recovery readiness, and structured downside protection across evolving digital asset strategies and market conditions. In response to evolving market conditions and infrastructure complexity within digital asset environments, Kenson Investments has expanded its internal focus on downside protection and structured recovery…
ST. TAMMANY Transfers for Feb. 16-20, 2026 ABITA SPRINGS FAIRWAY DRIVE 73557: Christy B. Himel to August J. Latapie and Rachael S. Latapie, $349,900. GULCH STREET, LOT 20: Maysin A. Blum and Abigayle B. Blum to Matthias D. Minden, $93,000. MONEY HILL SUBDIVISION, PHASE 9B, LOT 463: Money Hill Plantation LLC to Zachary Rankin and…
JPMorgan Chase has restricted lending to private credit firms after marking down the value of certain loans in their portfolios, Bloomberg News reported on Wednesday. Source link
