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Blue Owl BDC’s CEO Craig Packer speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 19, 2025. Brendan McDermid | Reuters The latest tremor in the private credit world involved a deal that should’ve been reassuring to markets. Blue Owl, a direct […]
Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced Gerstner’s death in an email sent Sunday to employees, but did not provide a cause of death. “Lou arrived at IBM at a moment when the company’s future was genuinely uncertain. His leadership during that period […]
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta said Tuesday that it formed a joint venture agreement with Blue Owl Capital in a deal worth $27 billion to fund and […]
NASA made a bet a few years ago that commercial companies could take scientific experiments to the moon on a lower budget than the agency could. Last year, that was a bad bet. The first NASA-financed spacecraft missed the moon entirely. The second landed but fell over. But this month, a robotic lander named Blue […]
The moon will be a busy place this year. There are three robotic spacecraft in space right now that are aiming to set down on the moon’s surface. The first of those to arrive — the Blue Ghost lunar lander, built by Firefly Aerospace of Cedar Park, Texas — will attempt to land early Sunday. […]
Blue Origin, the space company owned by Jeff Bezos, is laying off roughly 10 percent of its work force, according to an email that was sent to staff on Thursday and that was viewed by The New York Times. The cuts, which could affect about 1,000 roles, follow several years of rapid growth and the […]
Californians already paying the highest gas prices in the country could have another tax hike headed their way, if proposed changes to the state’s low carbon fuel standard are adopted. The California Air Resources Board (CARB) — which consists of board members appointed by Gov. Gavin Newsom and the Democrat-controlled legislature — is scheduled to vote just days after […]
