Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BlackRock has set an ambitious $400bn fundraising target for its private investment businesses, as executives laid out a plan to almost double the market value of the world’s largest asset manager by 2030. The 2030 targets show how BlackRock and its chief executive Larry Fink hope to build the business as it moves to compete with giants of the alternative asset world, including Blackstone, Apollo Global Management and KKR.BlackRock last year agreed to spend about $28bn to buy Global Infrastructure Partners (GIP),…

The Harvey Weinstein retrial in New York took another dramatic turn Thursday when the judge declared a mistrial on the remaining undecided charge. The mistrial comes a day after the jury foreperson said he was threatened by another juror and did not feel safe. He was given a security detail when he returned to court Thursday, and the judge asked whether he felt he could keep deliberating. He replied, “No, I’m sorry.”The judge then thanked the jury for their time and said the decision to declare a mistrial did not reflect on them.Some jurors said they were disappointed as they left…

New data shows more people are filing complaints about obstetrical and gynecological care in Ontario, with insensitivity, poor communication and lack of trauma awareness among the most common grievances. Ontario’s Patient Ombudsman Craig Thompson says his office received 168 complaints between April 2024 and March 2025, compared to 130 over the same period the previous year — a 29 per cent increase.Complainants also detailed experiencing a lack of responsive care to factors such as history of sexual assault, pregnancy complications, miscarriages, and difficult births.Many complaints were related to pregnancy, childbirth and postnatal care provided in hospitals, he said. There’s also been an increase…

Chime Visa Credit CardSource: ChimeChime priced its IPO at $27 per share on Wednesday, above the expected range, in an offering that values the provider of online banking services at $11.6 billionThe company raised roughly $700 million in the IPO, with another $165 million worth of shares being sold by existing investors. The stock is expected to begin trading Thursday under ticker symbol CHYM.The offering comes after a years-long freeze in the fintech IPO pipeline, as rising interest rates and valuation resets kept many late-stage companies on the sidelines. The market has started to loosen. Trading platform eToro jumped 29%…

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailJeffrey Sonnenfeld, Yale School of Management professor, joins ‘Money Movers’ to discuss what happens with Boeing after the tragic Air India plane crash

Lack of respect for the teaching profession from parents as well as kids is one of the key reasons cited by teachers thinking of quitting.

NEW DELHI: Thick plumes of smoke towered above India’s Ahmedabad airport on Thursday (Jun 12) after a London-bound passenger jet with 242 people aboard crashed shortly after take-off. More than 290 people were killed while at least one person is known to have survived.  Casualties on the ground include students from a medical hostel. Catch up on the developments:

An Air India plane carrying 242 passengers and crew members crashed in Ahmedabad, India, shortly after taking off for London Gatwick Airport on Thursday, the airline said. Sources: Aerial image by Airbus via Google Earth; Flight data by Flightradar24 Note: All times shown are local. The plane crashed into the campus of a medical college, killing at least five students, according to Minakshi Parikh, the college’s dean. It damaged multiple dormitories and a dining hall. The plane’s tail was lodged in the dining hall building, where many students had fled, some leaving their meals behind. Sources: Aerial image by Airbus…

The looming federal funding cuts to public television and radio would overwhelmingly gut outlets in states won by President Trump in 2024, according to a new congressional report. Approximately 60% of the hundreds of radio and television stations that could suffer funding cuts are in Trump-won states, according to a congressional report obtained by CBS News from Senate Democrats.The organizations that would be affected include public media outlets in cities as large as Houston and Miami, as well as smaller stations in tiny communities like Douglas, Wyoming, which has a population of 6,000 and hosts the Wyoming State Fair.The widespread cuts…

NEWYou can now listen to Fox News articles! Authorities believe they are closing in on the father accused of killing his three daughters and escaping into the Washington wilderness as local police assure the public they are ramping up their urgent search for the triple-homicide suspect. ​​”You will see a change in our tactics as we proceed forward,” Chelan County Sheriff Mike Morrison said in a news conference Wednesday. “All we need is one mistake and one day to go in our favor and he’s going to be in our custody.”The comments come after the U.S. Marshals Service deployed its Rapidly…