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Feb 23, 2026 / Tyler Durden
Newsom Says He's Like Blacks Because He 'Can't Read' And Got Low SAT Score
Newsom Says He's Like Blacks Because He 'Can't Read' And Got Low SAT Score California Governor Gavin Newsom (D) needs to work on his pandering skills - after telling a crowd of black people that he's just like them because he can't read and got a low SAT score.  "I’m not trying to impress you, I’m just trying to impress upon you, ‘I’m like you. I’m not better than you.’ I’m a 960 SAT guy," Newsom told Atlanta Mayor Andre Dickins during a Sunday night event promoting his new book.  "And I’m not...
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Jan 20, 2023 / Michael Kern
China To Accelerate The Construction Of Coal-Fired Power Plants
China expects to add 70 gigawatts (GW) of coal-fired power generation this year, up from 40 GW of capacity from coal installed in 2022, a report from the power sector’s group, China Electricity Council, showed.
The coal additions, however, will not be the biggest capacity increases in China in 2023, per the report quoted by Bloomberg.
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Feb 19, 2026 / Tyler Durden
Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund
Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund Things are getting from bad to worse for Private Credit giant Blue Owl Capital. The last time we looked at the firm's precarious liquidity situation about a month ago, we found that the Blue Owl BDC would allow for 17% redemptions as investors, burned by both the tumbling stock price and the company's massive exposure to ticking private credit time bombs, were storming for the exit.  Blue Owl BDC Allows for 17% Redemptions as Investors Storm Exit: BBG — zerohedge (@zerohedge) January...
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