I saved hundreds of dollars thanks to my local Nextdoor network. I’ve gotten repair and removal services for free.
A workman uses a sledgehammer to knock down an interior wall. Let’s just say that my husband and I didn’t share the same taste as the previous owners of our house. We particularly objected to a giant-size TV and entertainment center made of dark cherry wood in our family room. We called it “the brown…
McKinsey agrees to pay $122 million to settle South African bribery charges in the US
McKinsey’s Africa division was under investigation for its involvement in a bribery scheme between 2012 and 2016. McKinsey has agreed to pay more than $122 million to settle bribery claims stemming from its work in South Africa, the US Justice Department said in a statement on Thursday. The payment forms part of a three-year deferred…
Insurers are facing $135 billion of losses after extreme weather events around the world this year
Hurricane Milton flooded this Florida neighborhood’s streets. A new report finds that a year of climate disasters will pose steep losses for the insurance industry in 2024. The report from the Swiss Re Institute says insurers will lose $135 billion this year, a 17% increase from 2023, after a slew of extreme weather events rocked…
Klaviyo’s CEO shares his secrets for a successful IPO
Andrew Bialecki, the founder and CEO of Klaviyo, and the author. In Silicon Valley, there’s often a perceived dichotomy that startups must choose between chasing high growth or achieving profitability. But Klaviyo has shown that it’s possible to do both, the company’s chief executive and founder, Andrew Bialecki, said. “Businesses will pay you to solve…
The US and other crude producers will take more oil market share from OPEC in the coming years, Bank of America says
OPEC+ countries have agreed to postpone increasing oil production until April, extending a coalition-wide reduction in output. However, efforts to bolster oil prices are unlikely to pan out, Bank of America said. Instead, limiting supply means that OPEC+ is ceding market share to non-OPEC producers, including the US. “We expect non-OPEC supply growth to take…
As BlackRock storms into the private-credit arena, longtime players aren’t worried about the space getting too crowded
Tens of billions poured into private credit funds in the third quarter — and then the world’s largest asset manager joined the party. BlackRock’s $12 billion announced acquisition of the private-credit pioneer HPS Investment Partners adds an 800-pound gorilla to a sector already full of similarly aggressive primates. The $11.5 trillion asset manager has not…
Court upholds TikTok ban in US
A court upheld a federal law that forces TikTok in the US to sell to an American company or face a ban. TikTok’s future in the US is looking dimmer. A three-judge panel from the US Court of Appeals for the District of Columbia Circuit ruled on Friday that a law designed to force a…
I visited Croatia for the first time. It reminded me of the Amalfi Coast in Italy — but better in several ways.
Croatia has some beautiful views and coastlines. Confession: Up until this year, I didn’t know much about Croatia — other than the fact that much of “Game of Thrones” was filmed there. However, after my well-traveled aunt raved about a recent trip to this Mediterranean country, it skyrocketed to the top of my want-to-visit list.…
New election ordered in Ukraine’s neighbor following claims that Russia aided far-right presidential candidate
Pro-European demonstrators in Bucharest, Romania’s capital, on Thursday. Romania’s constitutional court ordered a new presidential election on Friday, just two days before the second round of voting was due to be held. The decision follows claims that Russia coordinated a social media campaign to boost far-right candidate Calin Georgescu, the surprise winner of the first…
