Verizon Says Cut Cable Behind FAA Ground-Stops East Coast Airports, Not Their Fault

The Kospi Made South Korean President Lee Jae Myung; It May Yet Unmake Him... There is a particular cruelty in the timing. When the Kospi began its final, cratering descent in late July, President Lee Jae Myung was roughly 11,000 miles away, midway through an 11-day diplomatic tour of South America, watching from hotel suites as the index he had made the totem of his presidency collapsed. His finance minister apologized to lawmakers. The heads of both financial regulators cancelled their holidays as retail investors laid funeral wreaths at the...

Cliffwater Private Credit Fund Gates Investors For Second Straight Quarter After Redemption Requests Soar To 17% The market may be in full-blown face-ripping bubble mode, and software stocks are now gripped in by a category 5 gamma squeeze hurricane, but not even that is helping the ongoing debacle that is private credit. The flagship private credit fund of Cliffwater, a fund which has was slammed by redemption requests in the past quarter as the private credit crisis came to a fore, has again gated investors by capping redemptions at 5% in...

Russia Seizes Assets Of Swiss Food Giant Nestle Russian authorities seized the remaining businesses and assets of Swiss food giant Nestle and three French groups, the latest move against Western firms in response to sanctions against Moscow.  A decree signed by President Vladimir Putin issued late Thursday transferred the Russian operations of Nestle, French retailer Auchan and the former Leroy Merlin DIY chain, now known as Lemana Pro, to a company called LEV Management. The decree also covers the Russian subsidiaries of French logistics group FM Logistic, France24 reported. Investigative outlet Novaya Gazeta Europe reported...