Jared Kushner’s new fund plans to invest Saudi money in Israel

Jared Kushner’s new private equity fund plans to invest millions of dollars of Saudi money in Israeli startups, according to people familiar with the investment plan, in a sign of warming ties between two historic rivals. Affinity Partners, which has raised more than $3 billion, including a $2 billion commitment from the kingdom’s sovereign wealth … Read more

Jared Kushner’s new fund plans to invest Saudi money in Israel

Jared Kushner’s new private equity fund plans to invest millions of dollars of Saudi money in Israeli startups, according to people familiar with the investment plan, in a sign of warming ties between two historic rivals. Affinity Partners, which has raised more than $3 billion, including a $2 billion commitment from the kingdom’s sovereign wealth … Read more

Elon Musk in talks to join in Twitter bid with buyout firm

Elon Musk is in talks with private equity firm Thoma Bravo about partnering on a potential Twitter takeover bid, two sources familiar with the matter said. Thoma Bravo, a Chicago-based takeover firm that focuses on the tech sector, could be key for Musk to move forward with a binding offer for Twitter, sources said. That’s … Read more

Air transport takes off. The ride will be bumpy.

After two years of lagging profits, airlines are finally gearing up to reap the rewards of a much-needed rebound in travel throughout 2022 as travelers seek to make up for lost time during the pandemic. More than 6.5 million people passed through TSA checkpoints last weekend, about 500,000 less than the 2019 figure. Airline spending, … Read more

Air transport takes off. The ride will be bumpy.

After two years of lagging profits, airlines are finally gearing up to reap the rewards of a much-needed rebound in travel throughout 2022 as travelers seek to make up for lost time during the pandemic. More than 6.5 million people passed through TSA checkpoints last weekend, about 500,000 less than the 2019 figure. Airline spending, … Read more

Here’s Wall Street’s first recession call of the new inflation era

One of the big questions over the past week is whether to heed the bond market’s apparent warning that the US economy could slide into recession after the Federal Reserve went into a tightening frenzy. At least one Wall Street bank now agrees. “Two shocks in recent months, the war in Ukraine and the rise … Read more