The Washington Post Building at One Franklin Square Building in Washington, D.C., June 5, 2024.Andrew Harnik | Getty ImagesThe Washington Post said Friday that it will not endorse a candidate in the presidential election this year — or ever again — breaking decades of tradition and sparking immediate criticism of the decision.But the newspaper also published an article by two staff reporters revealing that editorial page staffers had drafted an endorsement of Democratic nominee Kamala Harris over GOP nominee Donald Trump in the election.”The decision not to publish was made by The Post’s owner — Amazon founder Jeff Bezos,” the…
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The future of space exploration is rapidly evolving, and Haven-1 stands as a testament to this progress. This innovative space station, designed by the startup Vast, is poised to redefine the concept of living and working in orbit. Unlike traditional space stations, Haven-1 boasts a unique feature: a rotating module that simulates Earth-like gravity, a groundbreaking development in space habitation. By incorporating this rotating module, Haven-1 aims to address one of the most significant challenges of long-duration space missions: the adverse health effects of prolonged exposure to microgravity. Studies have shown that prolonged periods in microgravity can lead to bone…
Up until the 2008 credit crunch, the conventional recipe for success in private equity (PE) was straightforward: Just pour in debt and stir. A generous dose of leverage typically spiced up the financing of a transaction. But the global financial crisis (GFC) turned this money pie into mush. Government-backed purchases of toxic assets — funded by central bank purchases of government bonds — eventually engineered a comprehensive bailout of distressed borrowers and other heavy debt users. With loose monetary policies throughout the 2010s, leverage returned with a vengeance. What to Expect from a Downturn So if a recession comes, how…
Yale’s endowment earned a 5.7% investment return, net of fees, for the year ending June 30, 2024, representing $2.3 billion in investment gains. After providing distributions of $2.0 billion to the operating budget and receiving $231 million in gifts, the endowment’s value increased to $41.4 billion on June 30, 2024, up from $40.7 billion on June 30, 2023. “Given our significant allocation to private assets, we expect to lag during periods of strong public market performance, particularly when exit markets for private assets are depressed,” said Matt Mendelsohn, Yale’s chief investment officer. “As always, we remain focused on achieving investment success over the long…
Looking for an equity view outside of heavy tech allocations? The quality dividend ETF OUSA offers some appeal. Source link
While General Motors aggressively pursues an electric future with its Ultium technology, Toyota appears content to maintain its steady approach. The Japanese automaker’s enduring success is rooted in its hybrid models, particularly the RAV4 and Camry, which continue to dominate the market. Despite GM’s recent triumph in sales, its electric vehicles still constitute a relatively small percentage of its total deliveries. Conversely, Toyota’s hybrid strategy has proven remarkably effective, with sales of nearly 1.73 million units in the first three quarters of the year. Pixel Master Envisions a Sporty 2025 Toyota Camry Station Wagon with Hybrid Power (Toyota) This stark…
The year 1953 marked a pivotal moment for Chevrolet, not only with the introduction of the iconic Corvette but also with a broader transformation of the brand. The company embraced a new design language, a modern engine, a revised nomenclature, and a new model that would become a cornerstone of its legacy. Among these groundbreaking models, the Bel Air stands out as the quintessential American classic car of the 1950s. While the decade also brought us iconic vehicles like the Hemi V8, the Forward Look design, the Corvette, and luxury models like the Continental Mark II and Cadillac Eldorado Brougham,…
Robert Zemeckis’ 1985 “Back to the Future” is a timeless classic that has captured the hearts of audiences worldwide. While many enjoy the film for its entertainment value, a select few become so deeply immersed in Marty McFly and Doc Brown that they go to extraordinary lengths to bring the iconic DeLorean time machine to life. One such individual is Dixie, an Australian musician and passionate “Back to the Future” fan. Dixie’s journey began in 2020 when a devastating event led him to vow never to purchase another special vehicle. However, fate had other plans. Dixie’s Journey: Restoring a DeLorean…
Minsk based Shif Custom has been at the forefront of European bike modding for years, and their latest creation, the Maverick, is no exception. This stunning build, based on a Kawasaki W800, showcases the shop’s signature blend of classic aesthetics and modern engineering. The Maverick’s transformation is extensive. The stock bodywork has been stripped away, and replaced with a sleek, minimalist design. A shortened and looped subframe gives the bike a more aggressive stance, while the new tail unit and saddle provide a clean, café racer look. The fuel tank has also been heavily modified to complement the aesthetic. Shif…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. MicroStrategy Inc. (NASDAQ:MSTR) continues its upward sprint, reaching a 52-week high of $236.29 during Thursday trading, with investors rallying behind the stock. The stock’s meteoric rise—up 55% in the past month and 244% year-to-date—signals renewed investor confidence in the company’s strategic mix of Bitcoin (CRYPTO: BTC) investments and AI-powered software advancements. Over the past year, MicroStrategy has soared an incredible 444%, and many are betting that this momentum will keep going. Don’t Miss: A significant driver of the optimism comes from BlackRock Inc…