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

How Prudential’s Big Tech bet went sour

End of 2019, Prudential Financial Inc. ERP 1.20% paid $2.3 billion for a three-year-old data science startup that promised to modernize the age-old life insurance sales business. The Assurance IQ deal largely missed its financial targets and left Prudential with questions from regulators. In February, Prudential said it cut the investment by about half. “Look, … Read more

Twitter is reviewing Elon Musk’s offer and may be more receptive to a deal

Twitter Inc. TWTR 3.93% is reviewing Elon MuskThe $43 billion takeover bid after the billionaire secured funding for the bid, in a sign the social media company may be more receptive to a deal. Twitter was expected to push back the offer, which Mr. Musk made earlier this month without saying how he would pay … Read more

Twitter is reviewing Elon Musk’s offer and may be more receptive to a deal

Twitter Inc. TWTR 3.93% is reviewing Elon MuskThe $43 billion takeover bid after the billionaire secured funding for the bid, in a sign the social media company may be more receptive to a deal. Twitter was expected to push back the offer, which Mr. Musk made earlier this month without saying how he would pay … Read more

Several million American workers seen staying out of the labor force indefinitely

Several million workers who abandoned the US workforce during the Covid-19 pandemic plan to stay indefinitely due to lingering fears of illness or physical impairments, potentially exacerbating the labor shortage for years, new research shows. about three million dropouts from the workforce say they don’t plan to resume pre-Covid activities – whether going to work, … Read more