Author: Charlotte

Voluntary transactions between consumers, firms, employees, and investors and direction using coercive commands, or capitalism and socialism, provide alternative ways to organize an economy. America’s mixed economy is neither capitalist nor socialist. But government favors for business, or “crony capitalism,” may be increasing support for socialism. Government can benefit businesses in numerous ways. Nobel prize winning economist George Stigler distinguished four broad categories: direct monetary subsidies, control over entry by new rivals, control over substitute and complement goods, and price fixing. Strictly prohibiting government’s ability to take these actions yield a market economy. Monetary subsidies, for example, were long limited…

South Korea’s Military Mutual Aid Association’s (MMAA) top private equity return over the past five years came from a pre-IPO investment in SK IE Technology Co., (SKIET) a battery materials producer, through a vehicle managed by Premier Partners. Source link

CertiK’s 2026 State of Digital Asset Regulations report, published this week, shows that global crypto regulation has shifted into an enforceable, traditional finance-style framework.The report maps regulatory trends across major jurisdictions and highlights that the industry has entered a full compliance phase, aligning with traditional finance across AML, stablecoins, audits, and capital requirements.Crypto Moves Into Full Compliance PhaseThe report suggests this regulatory convergence is now materially reshaping how capital flows into digital assets, particularly for banks, asset managers, and regulated custodians.Frameworks for stablecoins, exchanges, custodians, and tokenization are now enforceable, not merely proposed, across numerous jurisdictions, including the US, EU,…

Information technology services company Cognizant Technology Solutions Corp. today announced it agreed to acquire Astreya Inc., a San Jose-based information technology managed services firm specializing in artificial intelligence infrastructure and data center operations. The deal is worth about $600 million, the company confirmed to Reuters, and is expected to strengthen Cognizant’s AI portfolio. Founded in 1994, Cognizant describes itself as a professional services outfit that helps clients modernize technology and transform their experiences. In practical terms, that means the company works from inside enterprises to rebuild processes and technology foundations. In the AI era, that increasingly means reconstructing engineering around…

Lake Forest home of late CEO of Kraft and Quaker sells for $6.25 million Crain’s Chicago Business Source link

Refined strategy and disciplined execution position Company to unlock value from its portfolio, which includes Celea Therapeutics’ Phase 3-ready deupirfenidone for idiopathic pulmonary fibrosis, Gallop Oncology’s clinically-validated LYT-200 for myeloid malignancies, and Seaport Therapeutics’ advancing clinical-stage pipeline for neuropsychiatric disorders PureTech level cash, cash equivalents and short-term investments of $277.1 million1 and Consolidated cash, cash equivalents and short-term investments of $277.3 million1 as of December 31, 2025; Operational runway at least through the end of 2028, inclusive of the Company’s expected participation in Founded Entity fundraisings As of March 31, 2026, PureTech level cash and cash equivalents were $248.1 million2…

As concerns about the DeFi ecosystem grow following the KelpDAO-related rsETH crisis, Standard Chartered has also assessed the hack and its consequences. Banking giant Standard Chartered said the DeFi ecosystem remains strong despite the KelpDAO attack. According to The Block, Standard Chartered argues that despite the significant impact of the KelpDAO rsETH attack on the market, the DeFi ecosystem remains strong. A report authored by Standard Chartered analyst Geoffrey Kendrick acknowledged that the $292 million rsETH attack on April 19th exposed structural risks in DeFi and led to withdrawals of approximately $17 billion from Aave within three days. “However, despite…

The Department of Community Development and Applied Economics (CDAE) is delighted to welcome Anne Nelson Stoner as a new instructor beginning Spring 2026. Stoner will teach CDAE 3730: Project Development & Planning, a course that explores how effective project management supports equitable and sustainable development across public, private, and nonprofit settings.Stoner brings extensive experience in urban planning, equity, and community engagement. She currently serves as the Equity, Outreach & Engagement Manager at the Chittenden County Regional Planning Commission (CCRPC), where she leads projects that integrate equity into planning policy, community engagement, and organizational decision-making. Her work bridges municipal planning, regional…

“Uncertain” has been the operative word to describe everything from global geopolitics, Guam’s tourism economy, and now modern private investment markets, according to panelists at Tuesday’s meeting of the Rotary Club of Tumon.Jason Miyashita, past president of Rotary Club of Tumon and managing director of Asia Pacific Group of Raymond James, said investment portfolios have changed from the typical 60% stocks and 40% bonds spread.“It’s more of a 50% stocks, 20% to 30% bonds, and 20% to 30% alternative investments. So, this is changing the dynamic of investment portfolios,” he said.Alternative investments are financial assets that fall outside of the…

Real-world assets are moving on-chain. Here’s what advisors need to know. Tokenization is the process of representing real-world assets — government bonds, money market funds, real estate, private credit — as digital tokens on a blockchain. The concept is not new: stock certificates have always represented ownership claims. What is new is the infrastructure. Blockchain-based tokens settle in minutes rather than days, trade 24/7, and can be fractionalized to any denomination. The market is scaling rapidly. The real-world asset tokenization market reached $33.91 billion in 2025, representing 70% year-over-year growth. Forecasts range from McKinsey’s conservative $4 trillion to Standard Chartered’s…