Carlyle executives Tanaka Maswoswe and Kara Helander Courtesy of Carlyle Private equity giant Carlyle just promoted 32 people to partner and 39 to managing director. A quarter of the promotions were women, who are traditionally underrepresented on Wall Street. The list includes 8 real estate execs, 8 US buyout execs, and one focused on DEI….
Monthly Archives: November 2022
Liu Qiangdong, or Richard Liu, founder of China’s ecommerce giant JD.com, speaking at an event in 2017. Visual China Group via Getty Images China’s JD.com will cut the salaries of more than 2,000 senior leaders by up to 20%. The e-commerce titan will allocate $1.4 billion to help rank-and-file employees buy homes. The move comes…
A young couple moves into a new home. Getty Images Thousands of remote workers moved to popular hotspots like Austin and Nashville in the last couple of years. Their presence led to a run-up in housing costs and real estate investor activity. But elevated home prices are “being misinterpreted as a shortage” says Erin Sykes,…
Fiat has revived its popular 500 as an all-electric offering. Andrew Moseman After a three-year pandemic hiatus, the in-person version of the Los Angeles Auto Show has returned. The show featured a slew of electrified vehicles and the presence of charging companies. As the show opens to the public, take a look at the best…
Breakfast promotion Mary Meisenzahl/Insider Wendy’s has been heavily promoting its breakfast menu since 2020, with $16 million in advertising in 2022. I tested out a few sandwiches and sides to see how they compare to other fast food breakfasts. Wendy’s easily holds its own in the fast food breakfast competition. Wendy’s introduced a new breakfast…
Workers prepare an MQ-1C Gray Eagle unmanned aerial vehicle. Reuters Lawmakers are asking the Biden administration to provide Ukraine with MQ-1C “Gray Eagle” drones. The drones, made by General Atomics, can carry four Hellfire missiles. “The long-term upside of providing Ukraine with the MQ-1C is significant,” lawmakers wrote. More than a dozen US senators from…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Racheal Ede. Courtesy of Racheal Ede Being raised in the Catholic faith…
Bloomberg TV Next year will see extreme volatility as the economy grapples with the boom-bust inflation cycle, Morgan Stanley’s Mike Wilson said. He said economic dynamics are more akin to the 1940s versus the 1970s. The boom-bust cycle could mean weak earnings ahead for companies. Investors should be prepared for “extreme volatility” in 2023, as…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Average interest rates on refinanced graduate student loans are up from two…
Sam Bankman-Fried. Craig Barritt/Getty Images for CARE For Special Children Lawyers for FTX said during the crypto exchange’s bankruptcy hearing that they expect “millions” of creditors. A week ago, FTX said in a filing there could be more than 1 million creditors, up from an estimate of over 100,000 a week before that. FTX wants…