A PE firm explains why it made its first sports investment and bet on women’s volleyball

Atwater founder Vania Schlogel led the private-equity firm’s first investment in women’s sports. Private-equity firm Atwater Capital thinks women’s sports are massively undervalued. The Los Angeles-based firm made its first investment in sports last year through League One Volleyball, or LOVB, for short. The company’s professional women’s league started play in January. Atwater, which invests…

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Ukraine’s drone makers are turning up production for a weapon they once thought would never work

A fiber-optic drone in the Kyiv region in January. Ukraine’s expanding defense industry is now ramping up production of new fiber-optic drones that can be converted into unjammable flying bombs. They can evade electronic shields and deliver precision strikes. These drones have emerged as a solution to electronic warfare, which Ukraine and Russia use to…

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Airfares may rise if we have to pay passengers for flight delays, airlines tell Trump

Delta and American are among the 10 carriers represented by Airlines for America.  A trade group for major airlines called on the Trump administration to end a review into cash compensation for delayed passengers. Airlines for America (A4A), which represents 10 carriers including Delta, American, and United, wrote to the Department of Transportation on Monday.…

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Stephanie Hsu bagged an Oscar nomination for the absurdist movie ‘Everything Everywhere All At Once.’ Now, she’s ready for her rom-com era.

Stephanie Hsu told B-17 she wants to star in an “intimate” film.  Stephanie Hsu is ready for her rom-com era. When Hsu first played a romantic lead on a major stage in 2019, she was filled with self-doubt. She was the love interest in “Be More Chill,” which had just moved from regional theater to…

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I started an exclusive network for millionaires where membership costs $33,000 a year. Here’s what it’s like inside our meetings.

Michael W. Sonnenfeldt described himself as “member No. 1” of TIGER 21. This as-told-to essay is based on a transcribed conversation with 69-year-old Michael W. Sonnenfeldt, the founder of TIGER 21, a membership organization for high-net-worth individuals. The following has been edited for length and clarity. I’d sort of made it in life by the…

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My partner and I are both sober. Our Valentine’s Day plans are even better without alcohol.

The author (not pictured) and their partner are looking forward to spending Valentine’s Day together. Since I can remember, I’ve loved Valentine’s Day. As a child, I wrote personalized messages on each little pink card (in classic ’90s fashion, they always had some kind of Disney or Nickelodeon theme) before taping a cherry Tootsie Pop…

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