Private equity firm Bain Capital is buying a controlling interest in PowerSchool, which provides school management software and cloud services, for $22.80 a share, which works out to a value of about $5.6 billion.
Author: admin (Kendrick Williams)
Post
TOP TREND 2023, OFFICE BUILDING BUST: LATE PAYMENTS, FORECLOSURES CLIMBING AMONG OFFICE BUILDING LOANS
In May, the proportion of late-paying loans on U.S. office buildings rose to 7 percent, almost doubling from 4 percent a year earlier, data service Trepp reported.
Post
TOP TREND 2024: EV GO FU: REGISTRATIONS OF CHINESE EVS IN EUROPE JUMP 23 PERCENT
During this year’s first four months, registrations of electric vehicles (EVs) made in China and sold in western Europe and the U.K. increased 23 percent, year on year, to 119,300, Schmidt Automotive Research reported.
Post
SPOTLIGHT: CHINA’S ECONOMY
China’s exports grew by 7.6 percent in dollar value in May, year on year, beating analysts’ forecasts of 6-percent growth. The figure was better than in any month since April 2023.
Post
IN 2023, THE RICH GOT RICHER—AND THERE ARE MORE OF THEM
Last year, the wealth of high-net-worth individuals grew by 4.7 percent to $8.68 trillion dollars, consulting firm Capgemini’s annual wealth report found.
Post
SHIPPING DEMAND AND DELAYS SPIKING, MAERSK SAYS
Spooked by shipping delays and rising costs caused by war in the Red Sea, retailers are ordering their year-end holiday merchandise earlier than normal, worsening current delays in Asian and Mideast ports and backlogging global supply chains, Vincent LeClerc, CEO of shipping giant AP Moller-Maersk, told the Financial Times last week.
Post
AUSTRALIA POISED FOR RECESSION
Australia’s economy has flatlined and could easily tip into recession, the Australian Bureau of Statistics (ABS) warned last week.
Post
THIS WEEK IN SURVEILLANCE
Microsoft AI Copilot ambitions and implementation is setting up a surveillance nightmare.
Post
ONGOING RESET: UNSTOPPABLE?
Radical energy and surveillance initiatives already building for a generation, but given new urgency by the COVID War, have still only begun playing out.
Post
GOD QUESTING, AI EVERYWHERE, AND HUMAN OBSOLESCENCE: MSM NOW ECHOING TRENDS JOURNAL FORECASTS FROM YEARS AGO
AI embedded everywhere. AI trained with woke biases to manipulate beliefs and opinions. AI swallowing the whole knowledge and profit model of the internet. AI coming for every human job. Elites questing to live forever via transhuman technologies.