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BlackRock $26 Billion Private Credit Fund Limits Withdrawals - Bloomberg.com
BlackRock Inc. curbed withdrawals from one of its biggest private credit funds after client requests for redemptions spiked, the latest sign of investor anxiety about the $1.8 trillion private credit industry.
Bill Gates’ TerraPower gets approval to build new nuclear reactor - TechCrunch
It’s the first permit to be issued by the Nuclear Regulatory Commission in nearly a decade.
E-ZPass transponders are being phased out for stickers in Massachusetts. Here's what to know. - CBS News
A big change is underway for how the state tracks people using the E-ZPass program in Massachusetts.
Private Debt Should Face ‘Full-Blown Default Cycle,’ Pimco Says - Bloomberg.com
With record fundraising after the 2008 financial crisis, direct-lending vehicles have loosened their underwriting standards and are due for a stress test, according to a Pacific Investment Management Co. analysis of private-credit risks.
Billionaire Gas Station Owner Calls Iran War Price Hikes Temporary: ‘Suffer For One Month’ - Forbes
Catsimatidis controls over 400 gas stations across the country, as well as a major oil refinery.
Lloyd Center plan, and its ice rink’s fate, are sealed with a vote - OregonLive.com
Under the master plan, Lloyd Center and its ice rink are expected to be torn down to one day make way for a mixed-use development.