Chief Justice John Roberts officiated Friday's secret wedding of David Rubenstein, the investor and patriotic philanthropist, to Caryn Zucker, who's active on the boards of several New York City cultural institutions.
Rubenstein is co-founder and co-chairman of The Carlyle Group, owner of the Baltimore Orioles, and an author and interviewer. He was awarded the Presidential Medal of Freedom, the nation's highest civilian honor, for his lavish support for preserving and restoring historic landmarks and artifacts.
Zucker worked at "Saturday Night Live" early in her career.
MONACO — The Carlyle Group's entry into motorsport last year through its historic partnership with Oracle Red Bull Racing is paying off, the firm's CEO Harvey Schwartz told Axios on Friday ahead of the Formula One Monaco Grand Prix.
Why it matters: The partnership, announced in September, represents the first major deal struck between a Formula One team and a major global private markets firm.
Investors were confronted this past week with four difficult realities that may fundamentally change the way they think about AI the business vs. AI the technology:
💰 AI is too expensive, say CEOs and even Microsoft itself.
🗑️ It's not paying off nearly as much as companies expected, per a new Bain study.
⛅️ Infrastructure demand is strong — but not as strong as the most optimistic wanted, as Broadcom showed with its "weak" forecast.
🏦 Financing that infrastructure is going to be more expensive for longer, with signs pointing to the Fed raising, not lowering, interest rates.
Why it matters: Those realities challenge assumptions that powered markets to historic heights over the past few years. It's hard to justify chip or memory stocks rising 1,000%+ in a year if the boom isn't what everyone assumed.
A "blood cleansing" treatment gaining popularity in the longevity space appears to reduce microplastics circulating in the bloodstream, according to newly published research.
Why it matters: People are increasingly concerned about the potential health effects of microplastics in their bodies.
