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The Latest Breaking News from Stephen Schwarzman

The top 3 private equity stocks have outperformed the S&P 500 by 9.6% over five years. And they’re cheap right now too

Cash in on a favored investing style—without paying exorbitant fees.

Fortune

A 39-year old CEO was paid more than Apple’s Tim Cook last year

Kiwi Camara earned $110 million in pay last year as CEO of CS Disco, a legal tech company worth just $500 million.

Fortune

The biggest losers in the US midterm elections? Republican mega-donors

Donors like Peter Thiel poured millions into candidates that no amount of money could sell to voters while Mehmet Oz self-funded a failed run

The Guardian - US

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Billionaire Republican donor Schwarzman says he will back ‘new generation’ over Trump

WASHINGTON — Blackstone Inc. Chief Executive Officer and Republican megadonor Stephen Schwarzman won’t be backing former President Donald Trump’s bid for a return to the White House, saying it is time for the party to move on.

Tribune News Service

Mick Mulvaney: Donald Trump is the only Republican who can lose in 2024

Former White House chief of staff said his ex-boss’s planned third run for presidency is bad for Republican party

The Guardian - US

Wall Street eager to strike deals with Saudi Arabia, despite political concerns

U.S. executives and billionaire investors are mingling and making deals at a conference nicknamed "Davos in the Desert," even as the White House reevaluates relations with Saudi Arabia.

WEKU

The Blackstone rebellion: how one country took on the world’s biggest commercial landlord

The long read: The giant asset management firm used to target places where people worked and shopped. Then it started buying up people’s homes. In one country, the backlash was ferocious

The Guardian - UK

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How Wall Street stormed the music business

Investors poured billions into buying rights, turning pop songs into a new asset class — but then the economy stalled

Financial Times

Executives Sell Over $740M Of 4 Stocks

Although US crude oil futures traded lower on Tuesday, there were a few notable insider trades.

Benzinga

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