Toilet Paper Facility Fire Risks Disruption to US Market

A fire at a Kimberly-Clark distribution center in Ontario, California, that houses paper products could potentially lead to disruptions in a market that serves around 50 million consumers. Ontario, California, Deputy Chief Mike Wedell confirms that a male employee of the paper company has been arrested on arson charges. (Source: Bloomberg)

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Bloomberg Markets

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Private Credit Experiencing 'Growing Pains,' SLR Capital Partners' Co-CEO Gross

Michael Gross, Co-Founder of SLR Capital Partners said pressure on business development companies are part of private credit's "growing pains." JPMorgan Chase & Co. is restricting some lending to private credit funds after marking down the value loans in their portfolios. At the same time, BDCs — which lend directly to middle-market companies — are seeing elevated redemption requests amid fear of loss related to oversized exposure to software firms disrupted by AI. Besides equity from limited

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MarketWatch

CrowdStrike, Palo Alto Networks shares pop as cybersecurity bulls finally get some AI validation

A new coalition announced by Anthropic suggests that the AI company is looking to partner with traditional cybersecurity vendors — not compete against them.

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