Laurene Powell Jobs, founder and president, Emerson Collective, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 4, 2026. Patrick T. Fallon | Afp | Getty Images A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to...
Laurene Powell Jobs, founder and president, Emerson Collective, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 4, 2026. Patrick T. Fallon | Afp | Getty Images A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Investment firms of ultra-wealthy families stepped up their deal-making in April after a slowdown the month prior triggered by the outbreak of the Iran war. Family offices made 55 direct investments in companies last month, up from 39 in March according to data provided exclusively to CNBC by Fintrx, a private wealth intelligence platform. Nearly a third of April's investments were made in healthcare and life sciences companies. Laurene Powell Jobs' Emerson Collective, her investment and philanthropy firm, joined fundraises for two startups, a seed round for Ultralight and a Series A round for Stipple Bio. Ultralight, an artificial intelligence software platform for personalized healthcare, raised $9.3 million in seed funding from Emerson Collective and other investors. Stipple Bio, a developer of targeted cancer therapies, raised $100 million in the round, which was co-led by Andreessen Horowitz. Family offices' healthcare investments are often inspired by personal experience. Emerson Collective's investment in Stipple Bio was managed by Yosemite, an oncology-focused venture fund founded by Reed Jobs, Powell Jobs' son with Steve Jobs. The Apple co-founder died in 2011 from complications of pancreatic cancer. Also in April, Dolby Family Ventures joined a 53 million euro ($62 million) Series B round for Exciva, a developer of treatments for agitation in Alzheimer's patients. The impact-driven family office was founded by David Dolby in 2014, about a year after his father, billionaire engineer Ray Dolby, died of complications ...
(RTTNews) - FMC Corporation (FMC), an agricultural sciences company, Thursday announced that it has agreed to sell FMC India Private Limited to Crystal Crop Protection Limited, a crop solutions company in India for $252 million.
(RTTNews) - FMC Corporation (FMC), an agricultural sciences company, Thursday announced that it has agreed to sell FMC India Private Limited to Crystal Crop Protection Limited, a crop solutions company in India for $252 million.
Myers press release ( MYE ): Q1 Non-GAAP EPS of $0.44 beats by $0.16 . Revenue of $164.58M (+1.8% Y/Y) misses by $44.72M . Operating Income Margin and Adjusted EBITDA Margin Expanded 450 bps and 420 bps Year-over-year Respectively. Free Cash Flow of $23.9 Million, up 28.5% vs Fourth Quarter Cash flow from operations was $26.7 million, free cash flow was $23.9 million, and capital expenditures were...
Myers press release ( MYE ): Q1 Non-GAAP EPS of $0.44 beats by $0.16 . Revenue of $164.58M (+1.8% Y/Y) misses by $44.72M . Operating Income Margin and Adjusted EBITDA Margin Expanded 450 bps and 420 bps Year-over-year Respectively. Free Cash Flow of $23.9 Million, up 28.5% vs Fourth Quarter Cash flow from operations was $26.7 million, free cash flow was $23.9 million, and capital expenditures were $2.8 million. Net debt as defined by the credit agreement was reduced by $18.3 million with a net leverage ratio of 2.2x. More on Myers Myers Industries: Growth In Industrial And Infrastructure Supports Margins, But Premium Valuation Myers Industries, Inc. (MYE) Q4 2025 Earnings Call Transcript Myers Industries, Inc. 2025 Q4 - Results - Earnings Call Presentation Myers Industries outlines 2026 transformation priorities and targets 3% CapEx of sales while emphasizing margin expansion Myers Non-GAAP EPS of $0.31 beats by $0.08, revenue of $203.97M beats by $1.57M
Cion Investment press release ( CION ): Q1 NII of $0.25 misses by $0.05 . Total investment income of $49.53M (-11.7% Y/Y) beats by $0.41M . Net asset value per share was $13.11 as of March 31, 2026 compared to $13.76 as of December 31, 2025, a decrease of $0.65 per share, or 4.7%. The decrease was primarily due to mark-to-market price adjustments to certain investments in the Company’s portfolio d...
Cion Investment press release ( CION ): Q1 NII of $0.25 misses by $0.05 . Total investment income of $49.53M (-11.7% Y/Y) beats by $0.41M . Net asset value per share was $13.11 as of March 31, 2026 compared to $13.76 as of December 31, 2025, a decrease of $0.65 per share, or 4.7%. The decrease was primarily due to mark-to-market price adjustments to certain investments in the Company’s portfolio during the quarter ended March 31, 2026; More on Cion Investment CION Investment: Deepest Discount Since Inception But Not A Buy Yet CION Investment Corporation (CION) Q4 2025 Earnings Call Transcript CION Investment Corporation 2025 Q4 - Results - Earnings Call Presentation CION outlines $307.5M in new unsecured borrowings while signaling confidence in first lien strategy Cion Investment declares $0.10 dividend
Sabre press release ( SABR ): Q1 GAAP EPS of $0.02 beats by $0.15 . Revenue of $760M (-2.1% Y/Y) beats by $26.49M . Exceeded revenue and Pro Forma Adjusted EBITDA guidance and achieved airdistribution bookings guidance, reflecting continued execution of our growthstrategies and effective cost management• Reaffirming 2026 guidance for Pro Forma Adjusted EBITDA and Free Cash Flow• Grew Marketplace r...
Sabre press release ( SABR ): Q1 GAAP EPS of $0.02 beats by $0.15 . Revenue of $760M (-2.1% Y/Y) beats by $26.49M . Exceeded revenue and Pro Forma Adjusted EBITDA guidance and achieved airdistribution bookings guidance, reflecting continued execution of our growthstrategies and effective cost management• Reaffirming 2026 guidance for Pro Forma Adjusted EBITDA and Free Cash Flow• Grew Marketplace revenue 9% year-on-year, driven by strong bookings and higherbooking fees• Achieved 6% air distribution bookings growth, the highest in over two years• Delivered 27% year-on-year increase in operating income and expanded margintwo percentage points from 13% to 15%• Sabre's AI platform successfully launched first agentic AI experience for travelwith MindTrip and PayPal• Operating income of $116 million, up 27% from Q1'25• Net income attributable to common stockholders of $8 million• Adjusted EBITDA(1) of $159 million, up 21% from Q1'25 More on Sabre Sabre Corporation (SABR) Shareholder/Analyst Call Prepared Remarks Transcript Sabre: Don't Chase The Constellation Rally Sabre Corporation (SABR) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Sabre Q1 2026 Earnings Preview Sabre Corp. jumps after adopting rights plan as Constellation accumulates stake
The owner of crypto exchange Kraken has agreed to pay $600 million for Reap Technologies , a stablecoin-oriented provider of cross-border and business payments services. Kraken parent Payward Inc. is paying cash and stock for the Hong Kong-based company, according to Arjun Sethi , co-chief executive officer of Payward and Kraken. Payward is issuing stock at a valuation of $20 billion, he said. Rea...
The owner of crypto exchange Kraken has agreed to pay $600 million for Reap Technologies , a stablecoin-oriented provider of cross-border and business payments services. Kraken parent Payward Inc. is paying cash and stock for the Hong Kong-based company, according to Arjun Sethi , co-chief executive officer of Payward and Kraken. Payward is issuing stock at a valuation of $20 billion, he said. Reap is Payward’s first infrastructure acquisition in Asia and its third-largest acquisition, Sethi said in an interview. The transaction will result in new business-to-business products, including card issuance and stablecoin payments, he said. “If you take Europe out, the fastest growing market is Asia, not just revenue but also asset-on-platform,” Sethi said. “They have already done it in Asia. They can expand into the US overnight with us.” Reap has a payments business that connects traditional financial systems with digital assets, enabling cross-border money flow. It’s led by Daren Guo, who previously launched the Asia Pacific business for payments firm Stripe , and former investment banker Kevin Kang, its website shows . This year, Payward launched a business-to-business infrastructure platform offering stablecoin payments, digital-asset trading, lending and other services to fintechs, banks, brokerages and regular businesses that are paid in cryptocurrencies. Payward has done a series of acquisitions to build out its product capabilities and regional presence. It announced a deal in April to buy crypto derivatives exchange Bitnomial for as much as $550 million, after striking a $1.5 billion deal last year for NinjaTrader . Payward confidentially filed for an initial public offering late last year.
Our changing diet, which increasingly revolves around vegetable, makes wine-matching a bit trickier, but there’s no need to overthink it At a recent tasting, I got chatting to a winemaker from Australia’s Clare Valley as I bravely made my way through his wares: a ripe, leathery shiraz and a deep, dark cabernet sauvignon that put me in mind of blackcurrant bushes. These were serious wines – and goo...
Our changing diet, which increasingly revolves around vegetable, makes wine-matching a bit trickier, but there’s no need to overthink it At a recent tasting, I got chatting to a winemaker from Australia’s Clare Valley as I bravely made my way through his wares: a ripe, leathery shiraz and a deep, dark cabernet sauvignon that put me in mind of blackcurrant bushes. These were serious wines – and good value, too. A generation ago, such gutsy New World reds were all the rage, but now, lamented the winemaker, gen Z was more interested in lighter, cooler-climate wines, lower on the alcohol and brighter on the palate. He had two theories on this. One was vanity: no one on Instagram or TikTok wants to drink a red wine that stains their teeth, which is bad news for producers of high-tannin wines such as malbec and cabernet. And, two: it’s also to do with the changing western diet. Aussie shiraz is the archetypal sausage-on-the-barbie wine; Argentinian malbec is a steakhouse cliché; and, in France, malbec is mainly grown around Cahors in the south-west, land of heavy cassoulets and fat-tastic maigrets de canard . You need something with a bit of muscle to stand up to all that. Continue reading...
US war with Iran drives diesel fuel prices up during spring planting season, ‘hitting us at the wrong time’, farmers say It has been a tough few years for American farmers. Squeezed last year by tariffs , they lost an estimated $34.6bn when former trade partners stopped buying. Now, the war with Iran has not only depleted crucial fertilizer stores but has also driven diesel fuel up to record price...
US war with Iran drives diesel fuel prices up during spring planting season, ‘hitting us at the wrong time’, farmers say It has been a tough few years for American farmers. Squeezed last year by tariffs , they lost an estimated $34.6bn when former trade partners stopped buying. Now, the war with Iran has not only depleted crucial fertilizer stores but has also driven diesel fuel up to record prices . Like the trucking industry, agriculture relies heavily on diesel to run machinery, as diesel-powered engines are more fuel efficient than gasoline-powered ones. Continue reading...
The tiny Italian club are flying high with the help of the former Arsenal player, ambitious owners and a scouting guru inspired by Football Manager The serene sound of lapping water is broken only by the whir of a seaplane engine swooping to land. Outside the hangar to which the aircraft will soon return, a crowd has gathered well before kick-off. Later, most will scale the steep steps of the adja...
The tiny Italian club are flying high with the help of the former Arsenal player, ambitious owners and a scouting guru inspired by Football Manager The serene sound of lapping water is broken only by the whir of a seaplane engine swooping to land. Outside the hangar to which the aircraft will soon return, a crowd has gathered well before kick-off. Later, most will scale the steep steps of the adjacent Stadio Giuseppe Sinigaglia. To the right sits Villa Carminati, a new private members’ club that also houses hospitality guests on matchdays. It is a unique setting for a unique football club. When bathed in sunshine, as was the case for last Sunday’s goalless draw with Napoli, Como 1907 is a waterside paradise. Or, as their president Mirwan Suwarso puts it when drawing parallels between the club and Disney, it is the “theme park” division of the “main brand … Lake Como”. Continue reading...