Articles by Daniel Marsh
Canadian Wealth Hits C$19T, But Gains Favor the Rich
Canada's household wealth climbed to C$19.1 trillion in Q2, but the richest 20% own 69% of financial assets, highlighting uneven gains.
Clearlake Capital Assumes Full Control of Chelsea as Boehly Departs
Clearlake Capital takes full control of Chelsea FC by acquiring Boehly's and Walter's stakes. Wyss remains a minority partner. Valuation undisclosed.
Treasury Buyback Success Questioned as 10-Year Yield Tops 5%
Bessent hails $6B buyback as successful, but 10-year yield remains above 5%, raising questions about the program's impact on long-term rates.
Pepsi's Bills Giveaway Is Marketing, Not a Product Launch
PepsiCo's commemorative Buffalo Bills cans are a free stadium giveaway, not a new product launch, with no retail distribution or revenue impact.
Brookfield and CPP Investments Unveil C$50B Maple Fund Framework
Brookfield and CPP Investments have launched the Maple Fund, a C$50B framework for large Canadian projects. No deals approved yet; BAM shares slipped 1.4%.
EA SPORTS FC 27 Web App Debuts; Companion App Arrives Sept. 17
EA SPORTS FC 27 Web App is now live, with the Companion App arriving Sept. 17. Early access is available to eligible returning players, but the full game launch remains critical.
Innventure Faces Securities Suit After 55% Share Plunge, Cash Drain
Innventure faces a securities class action after a 55% stock drop and $59.5M cash burn. The lawsuit alleges misleading statements, while the company struggles with funding and a lost data-center project.
Hasbro's Magic: The Gathering Faces Regional Release Snags
Wizards of the Coast unveils all 100 cards in the Multiverse Reforged Commander deck, but Asia-Pacific and premium product delays could affect Hasbro's Magic revenue.
Public Radio Donor Surge Fades, NPR Faces $8M Budget Gap
Public radio's post-rescission donor surge has faded, leaving NPR with an $8 million budget gap as new donor counts drop 75% and station fees fall.
