Blackstone just hired an Amazon Web Services exec who helped the cloud giant do M&A. It's the latest sign that big private-equity firms are muscling in on specialty tech investors' turf.

Christine Feng, a director in corporate development at AWS, has joined Blackstone. She'll work across its tactical opportunities and credit divisions.

August 03, 2020   |   View Online »

Blackstone just hired an Amazon Web Services exec who helped the cloud giant do M&A. It's the latest sign that big private-equity firms are muscling in on specialty tech investors' turf. Casey Sullivan | Christine Feng, a director in corporate development at AWS, has joined Blackstone. She'll work across its tactical opportunities and credit divisions. Read More »

Kewsong Lee just took full control of Carlyle. 20 insiders reveal how he's already put his mark on the $221 billion private-equity giant — and what it means for the future of the firm. Casey Sullivan,Meghan Morris | Kewsong Lee became sole CEO of The Carlyle Group last week after two-and-a-half years running the private-equity firm with Glenn Youngkin. Read More »

We spoke to Amazon, Microsoft, Google, and 9 top healthcare leaders. They all said coronavirus is creating a new and permanent foothold for tech giants in the $3.6 trillion industry. Blake Dodge | Driven by outbreaks, providers leaned on Amazon, Microsoft, and Google for help with telehealth, triage bots, and more. Read More »

A Wall Street quant chief breaks down why a COVID-19 vaccine is not the silver bullet investors have been hoping for — and warns another stock-market meltdown is likely Akin Oyedele | The long-term negative impact of the pandemic could span decades — long after a vaccine is made available, says Societe Generale's Andrew Lapthorne. Read More »

Buying Arm would give Nvidia firepower against rivals, but a merger would face intense 'regulatory and customer backlash,' analysts say Benjamin Pimentel | Nvidia could expand its reach in the chip market by buying Arm, but analysts are skeptical that the tech giant would be able to pull it off. Read More »

EXCLUSIVE: A decade-old settlement shows a top aide to Kamala Harris mysteriously left her California AG's office with a $35,000 taxpayer-funded settlement check Robin Bravender | The 13-page document, obtained by Insider through a public-records request, offers a glimpse into a 2011 dispute involving Harris and her top aide, Terri Carbaugh. Read More »

'The stock market can drop as much as 80%': A 47-year market vet explains why we're in the midst of a global bust — and makes a case for $10,000 gold Christopher Competiello | "I think we're in the bust now," said David Hunter, the chief macro strategist at Contrarian Macro Advisors. Read More »

I'm a stay-at-home mom who went from making $8 an hour at Starbucks to over $100,000 a year as a freelancer. Here are 5 steps I took to build my client base and income from scratch. Jamie Johnson | Jamie Johnson never graduated from college and had minimal work experience, but she now brings in six figures in income freelancing. Read More »

These 16 global stocks have at least 20% upside in the next year — and they'll continue to thrive as COVID-19 accelerates a crucial technological shift, UBS says Marley Jay | Despite all the attention paid to the tech "megatrend," UBS says some companies still have huge potential in the next year and into the future. Read More »

JCPenney has hired brokers to sell off 163 locations across the US as the department-store chain slashes its footprint and tries to emerge from bankruptcy Daniel Geiger | JCPenney has hired Cushman & Wakefield and B. Riley Real Estate to sell 21 stores it owns and the leases it holds against 142 other locations. Read More »

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