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In recent years, family offices have increasingly shifted towards direct investments in private companies, abandoning the traditional reliance on private equity managers. This trend has emerged prominently in the findings of the 2024 Wharton Family Office Survey, revealing a significant rise in capital allocation to direct deals. Many family offices view this strategy as a
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In the tumultuous landscape of American politics, the notion of issuing pardons has often been embroiled in controversy, particularly when figures from opposing parties are involved. This is exemplified by President-elect Donald Trump’s recent remarks regarding New York City Mayor Eric Adams. Trump expressed a willingness to consider a pardon for Adams, who is currently
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Broadcom Inc., a leader in the semiconductor and software infrastructure industry, recently achieved a significant milestone by surpassing a market capitalization of $1 trillion. This impressive feat was marked by a staggering 24% increase in stock price, the highest daily gain in the company’s history. The momentum continued into the following week with an additional
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In recent news, the healthcare landscape is intertwined with individual stories of resilience and struggle. One notable case is that of Randy Moss, a celebrated NFL receiver, who recently underwent surgery for cancer affecting his bile duct. Moss’s journey sheds light on the often-hidden battles many public figures face and sparks important conversations around health
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The shocking murder of UnitedHealthcare CEO Brian Thompson has sent ripples through both the healthcare and media landscapes. As the investigation unfolded, Luigi Mangione, a suspect in the case, became controversial after reportedly issuing a manifesto that mentioned renowned filmmaker Michael Moore. The incident has reignited public discourse around the for-profit healthcare system in the
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