Breakneck growth for private equity and credit has led to worries of overheated dealmaking. In this episode of The Big View, Bain Capital Managing Partner David Gross tells Jonathan Guilford about what the industry did right and wrong, and where it might go next around the globe.
The popularity of stablecoins could soon fade, replaced by tokenised deposits, or digital versions of traditional bank deposits, Bank of England policymaker Megan Greene said on Sunday, even as some colleagues took a different view.
More than 200 people were injured and one person died in Paris following Paris Saint-Germain’s second consecutive Champions League win, the interior ministry said on Sunday, reviving France’s heated debate about street violence.
Daraxonrasib improved symptoms enough that some patients could resume activities they had previously abandoned and a new benchmark for treating the deadly cancer.
OpenAI saw off Elon Musk’s legal challenge to its pivot from non-profit to private company. Yet its original open-source philosophy still threatens the $852 bln firm. Data security and high costs may topple proprietary AI models – with bad consequences for sky-high valuations.
Potential rulings in the coming weeks on mail-in ballots and an attempt to further chip away at legal limits on money in campaigns could help Republicans in the November midterms.