Funecap Idf SAS has spent around $1.1 billion to buy more than 300 crematoriums and funeral centers mainly in Europe, home to 17 of the top 20 countries with the highest death rates.
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Verena Sepp, Eyk Henning, Bloomberg (via Fortune)
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5/18/24
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Pop Mart, founded in 2010 by now 37-year-old Wang Ning, has kickstarted a mystery-toy boom in China.
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Jasmine Li (via Fortune)
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5/18/24
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Stanley Black and Decker was so enamored with the work of four Johns Hopkins engineering students it plans to sell the product in stores.
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Paolo Confino (via Fortune)
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5/18/24
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Even Fast & Furious star Vin Diesel wants to build a movie studio there.
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Jim Wyss, Bloomberg (via Fortune)
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5/17/24
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Rick Rieder, BlackRock’s chief investment officer of global fixed income, oversees about $2.4 trillion in investments.
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Carter Johnson, Bloomberg (via Fortune)
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5/17/24
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The 2.5-inch dunes sagebrush lizard is found only in the Permian Basin.
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Scott Sonner, The Associated Press (via Fortune)
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5/17/24
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Total losses to Big Sur businesses since the slide were exceeding $1 million a day, an official said.
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The Associated Press (via Fortune)
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5/17/24
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Shareholders grill executives, as questions abound over Boeing's way forward.
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Marco Quiroz-Gutierrez (via Fortune)
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5/17/24
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The Federal Reserve Chair is sick, said a spokesperson.
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Michelle Chapman, The Associated Press (via Fortune)
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5/17/24
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The scarcity comes after Philip Morris International, which also sells Marlboro cigarettes outside of the US, reported US volume of the nicotine pouches rocketed up 80% in the first quarter.
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Tiffany Kary, Bloomberg (via Fortune)
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5/17/24
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Singapore’s national carrier is shrugging off a tough year for the airline industry.
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Paolo Confino (via Fortune)
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5/17/24
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As AI rises, so does the demand for critical thinkers.
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Chloe Berger (via Fortune)
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5/17/24
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Adnan Deumic, a credit portfolio and algorithmic trader, collapsed of a suspected cardiac arrest playing soccer at an industry event and failed to respond to medical treatment including CPR.
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Katherine Doherty, William Shaw, Bloomberg (via Fortune)
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5/17/24
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Arbitrum DAO's $3B M&A pilot program, led by Bernard Schmid, seeks to boost DeFi growth and innovation through strategic acquisitions.
The post Arbitrum DAO Launches M&A Pilot with $3 Billion …
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Shota Oba (via BeInCrypto)
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5/17/24
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Branson took a $126 million hit to his fortune last year as he continued to fight several fires at his Virgin Group.
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Ryan Hogg (via Fortune)
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5/17/24
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“Our financial stability and business operations were not affected," an Arup spokesperson said.
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Prarthana Prakash (via Fortune)
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5/17/24
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A second Trump presidency would mean “an orange wrecking ball for this society,” said the man who lasted 11 days in the White House on Thursday.
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Amanda Gerut (via Fortune)
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5/16/24
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The Justice Department says the conspiracy has affected more than 300 companies — including a high-end retail chain and “premier Silicon Valley technology company”
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Eric Tucker, The Associated Press (via Fortune)
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5/16/24
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CEO Elon Musk, 52, has a net worth of $187 billion and ranks the third on the index.
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Diana Li, Jack Witzig, Bloomberg (via Fortune)
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5/16/24
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Altman, CEO of OpenAI, has a long history with Reddit and briefly served as its interim CEO in 2014.
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Aisha Counts, Shirin Ghaffary, Bloomberg (via Fortune)
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5/16/24
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The choice of CEO Dave Calhoun’s successor is one of the most consequential decisions in years for Boeing directors.
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Julie Johnsson, Ian King, Siddharth Philip, Bloomberg (via Fortune)
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5/16/24
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The Great Wealth Transfer might be less and later than expected. Either way, some young adults say they're not ready for it.
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Chloe Berger (via Fortune)
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5/16/24
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Under Texas law, the governor cannot issue a pardon without a recommendation from the board, which the governor appoints.
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Jim Vertuno, The Associated Press (via Fortune)
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5/16/24
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DTCC and Chainlink completed a pilot with major US banks to accelerate fund tokenization using blockchain technology.
The post DTCC’s pilot project with Chainlink drives blockchain data to …
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Vince Dioquino (via Crypto Briefing)
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5/16/24
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The summit will welcome to the stage everyone from senior Wall Street executives to next-generation finance leaders.
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Fortune Editors (via Fortune)
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5/16/24
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