Business

Blue Owl Capital Alarms Private Credit Industry
Business

Blue Owl Capital Alarms Private Credit Industry

Blue Owl Capital's recent alteration in how investors can withdraw funds triggered apprehensions in the private credit sector. The firm announced that investors no longer have the liberty to request a fixed sum back quarterly, shifting this responsibility to the firm's discretion. This move stirred uncertainties among investors regarding possible challenges in future retrievals, leading to a 6% stock drop for Blue Owl and similar dips for related companies like Ares, Apollo, and Blackstone.

Feb 20, 2026, 12:08 AM

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Trump's Tariffs Fail to Boost U.S. Wine Businesses After One Year
Business

Trump's Tariffs Fail to Boost U.S. Wine Businesses After One Year

Many U.S. wine businesses, including prominent producers like Kutch Wines and Scar of the Sea, have faced significant setbacks due to the tariffs imposed by President Trump that failed to yield the intended benefits. Despite Trump's aim to support American products, the tariffs have caused confusion and hostility globally, leading to reduced exports and rejected sales. The uncertainty over future tariff policies is adding difficulty to planning and operations for wineries, impacting both small and large producers alike.

Feb 19, 2026, 9:57 PM

Exciting Opportunity to Share Your Tax Experience with The New York Times
Business

Exciting Opportunity to Share Your Tax Experience with The New York Times

American taxpayers are invited to share their experiences with The New York Times regarding how the recent tax cuts have impacted their financial situation. In light of the significant changes brought about by the tax legislation passed last year, readers are encouraged to express their thoughts on tax refunds, challenges with IRS inquiries, and overall interaction with the tax system. This initiative aims to collect diverse perspectives on the implications of tax policies on individuals.

Feb 19, 2026, 5:15 PM

Trump Considers Trade Pact Excluding Canada Amid Threats to U.S.M.C.A.
Business

Trump Considers Trade Pact Excluding Canada Amid Threats to U.S.M.C.A.

The U.S. is considering revisions to the U.S.-Mexico-Canada Agreement (U.S.M.C.A.) that might lead to a bilateral deal with Canada and Mexico, potentially leaving Canada excluded. President Trump's administration has been pressuring Canada to make trade concessions, raising concerns about the future of the trilateral trade pact. The possible exclusion of Canada from the agreement could have significant implications for businesses and trade relationships among the three nations.

Feb 19, 2026, 2:58 PM