The following segment was excerpted from this fund letter. In our Q3 2023 commentary, we featured a section on our investment in Danaher (DHR) entitled “Purity in the Crown Jewel of Bioprocessing.” Specifically, we were speaking to Cytiva, Danaher’s bioprocessing business formed by the merger of PALL Corp and GE’s…

DETROIT — United Auto Workers President Shawn Fain is under investigation by a federal court-appointed watchdog who is tasked with monitoring the union and eliminating corruption, according to a Monday court filing.The monitor, Neil Barofsky, is investigating whether Fain abused his power as union president. He also accuses union leaders,…

Elon Musk, the CEO of Tesla and SpaceX, threatened to ban Apple devices from his companies on Monday after the iPhone maker announced a partnership with OpenAI.In a series of posts on his social media platform X, Musk shared concerns about whether Apple and OpenAI will protect users’ information. He…

Nothing has caused more issues than the progress or lack thereof of both EBITDA (since the acquisition) and its place in the coming growth for Warner Bros Discovery (NASDAQ:WBD) since the last article. Management has since done a bunch of presentations to try and smooth out the process of going…

French President Emmanuel Macron on Sunday said he would dissolve the country’s parliament and call for a new legislative nationwide vote after suffering a heavy defeat at EU elections.The shock announcement came after exit polls published by public broadcaster France TV indicated that Marine Le Pen’s far-right National Rally (Rassemblement…

LONDON — Populist, far-right parties could have a bigger hand in European policymaking over the next five years after initial results from the EU election on Sunday suggested the parliamentary landscape is being redrawn.Gains for the nationalist Identity and Democracy (ID) party — and losses for the Greens/European Free Alliance…

An alternative trading platform CEO wants to revolutionize private equity investing to help mitigate a stalling initial public offering market.So, Forge Global’s Kelly Rodriques partnered with Accuidity to launch the Forge Accuidity Private Market Index this spring.The ultimate goal: Give more investors easier access to unicorns.”This is a major financial…

Former President Donald Trump on Saturday recognized that the price of insulin is lower under President Joe Biden, but he still wants voters to credit his own administration.”Low INSULIN PRICING was gotten for millions of Americans by me, and the Trump Administration, not by Crooked Joe Biden. He had NOTHING…

By Lynn Song Weak confidence continued to drag growth China saw a mixed bag in terms of data releases over the past month, but most indicators came in weaker than market forecasts. The key theme for the month was both the private sector and households remaining cautious. Credit data showed…

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market wrap : Stocks were mixed and drifting in Friday afternoon trading. But the S & P 500 and Nasdaq were…