10 Enduring Lessons From Adam Smith

"Closing The Nuclear Fuel Cycle" - Newcleo's $780M War Chest And Oklo Partnership Fuel $2.4B SPAC Debut It's open season in the nuclear industry for going public, and this week's episode features newcleo, a European lead-cooled reactor developer.  The Paris-based developer of lead-cooled fast reactors (LFRs) and closed-cycle MOX fuel announced it will merge with NewHold Investment Corp III (ticker NHIC) in a deal valuing the company at roughly $2.4 billion.  A $220 million oversubscribed PIPE at $10 per share plus up to $209 million from the SPAC trust should deliver as...

The House on Thursday narrowly defeated a War Powers Resolution that would have directed President Trump to end the US war against Iran, as the US continues to enforce a blockade of Iranian ports and is considering restarting the full-scale bombing campaign. The bill failed in a tie vote of 212-212, with three Republicans — […]

OnlyFans Lures Outside Capital As Architect Capital And Billionaire Tag Team Deal Nearly seven weeks after OnlyFans owner and billionaire Leonid Radvinsky died, and after months of reports that the sex-worker streaming platform was exploring a stake sale, the Financial Times reported Friday morning that San Francisco-based Architect Capital is preparing to buy a minority stake in the company. Australian billionaire James Packer, best known as the former head of the Packer family's media and casino empire, is expected to be among a group of investors lined up to support...