Private equity is ready to make moves as the economy sours, but its approach to dealmaking might be different than in years past

Hiya! Surprise, surprise, it’s Dan DeFrancesco again. I’d stop introducing myself by now, but then I couldn’t keep shamelessly plugging my Twitter account.  Today we’ve got stories on the struggles at a Blackstone-backed media company, Donald Trump losing a big backer on Wall Street, and how to make your Thanksgiving meal bomb-dot-com tasty. But first,…

Squatters who took over a sanctioned Russian oligarch’s mansion are told by judge they can stay

Russian President Vladimir Putin (R) with then-Yandex’s CEO Arkady Volozh (L) on September 21, 2017 in Moscow, Russia. Mikhail Svetlov/Getty A house in Amsterdam owned by sanctioned Russian oligarch Arkady Volozh was occupied by activists. Despite the Yandex billionaire’s best efforts, a judge ruled that the squatters can stay. Volozh is not the first sanctioned…

An astronomer was locked out of her Twitter account for months after posting a video of a meteor that was flagged as ‘intimate content’, report says

A meteor streaks across the sky near Lone Pine, California in August. David McNew/Getty Images An astronomer was locked out of Twitter for months after posting a video of a meteor, per BBC News. Mary McIntyre said Twitter deemed her August video to have broken its content rules. She regained access to her account on…

‘Big Short’ investor Michael Burry touts gold as a winner from the FTX fiasco – and hints he’s betting against the stock market

Michael Burry. Kevin Mazur/WireImage Michael Burry suggested the FTX fiasco and other crypto scandals could be good news for gold. The “Big Short” investor teased a bet against the market, despite his recent stock purchases. Burry has warned the S&P 500 could halve in value, and predicted a Fed pivot in the spring. Michael Burry…

Sam Bankman-Fried says filing for bankruptcy at FTX was his ‘biggest’ mistake and the people now running the company are ‘trying to burn it all to the ground out of shame’

FTX founder and former CEO Sam Bankman-Fried. (Photo by Jabin Botsford/The Washington Post via Getty Images) Sam Bankman-Fried has said his “biggest single” mistake at FTX was filing for bankruptcy. He made the comment in an interview with Vox but said later the conversation wasn’t meant to be published. Bankman-Fried said those now in charge…

Evangelical pastor and longtime Trump ally says he won’t endorse Trump unless he wins the GOP nomination

Former President Donald Trump (R) and Pastor Robert Jeffress (L) in Washington, DC, on July 1, 2017. Olivier Douliery-Pool via Getty Images Robert Jeffress is an evangelical pastor and longtime supporter of former President Donald Trump. He told Newsweek that he will not endorse Trump until the Republican Party nominates him. Jeffress said the GOP…

Russia’s war in Ukraine is the biggest culprit pulling the global economy into a downturn, IMF chief says

Russia’s war in Ukraine has been the main drag on economic growth this year, IMF director Kristalina Georgieva said. Liu Jie/Xinhua/Getty The Ukraine war is the “single most important negative factor” for the global economy, the IMF’s head said. Russia’s war is likely to continue to drag down growth next year, Kristalina Georgieva told CNBC….

Googlers are making memes to deal with the looming threat of job cuts

Subject: Googlers make memes to deal with anxiety Hello, and welcome to Thursday. This is Matt Weinberger, filling in once again for Jordan Erb. Did you know that the word “Thursday” is derived from “Thor’s Day” in Old English? That’s all the excuse I need, personally, to spend even more time with “God of War Ragnarok.”…

Woman with a rare brain disease says doctors repeatedly dismissed her condition, blaming it on mental illness

  Simpson in the hospital after being admitted with stroke-like symptoms in January 2021. Courtesy of Daisy Simpson Daisy Simpson, 34, says her brain disease was overlooked due to an earlier psychosis diagnosis.  Simpson says she believes the stigma stops her accessing specialized care for her Moyamoya disease. Mental illness overshadowing a physical diagnosis is…

Sam Bankman-Fried says 2 top execs have left FTX, with one ‘scared’ and another ‘ashamed and guilty’

(Photo by Jabin Botsford/The Washington Post via Getty Images) FTX cofounder Sam Bankman-Fried said two top executives have left the collapsed crypto exchange. CTO Gary Wang and director of engineering Nishad Singh are no longer at FTX, he told Vox. Singh was “ashamed and guilty” because FTX customers’ deposits were lost, Bankman-Fried said. FTX cofounder…