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A spate of hot, dry weather has left the Colombian capital dangerously short of water. Authorities have now sounded the alarm, dividing the city into districts which take turns shutting off water. People have been urged to cut consumption to a minimum, to keep reservoirs from running out.
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Nate O'Brien
⏲ 57 minutes 40 seconds 👁 18.6K
Luke's Points and Miles
⏲ 11 minutes 39 seconds 👁 5.9K
Jingdezhen, the age-old porcelain capital, continues to captivate with its enduring artistry and impeccable craftsmanship. <br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
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Capital News Online
⏲ 2 minutes 1 second 👁 201.3K
Forbes
⏲ 5 minutes 11 seconds 👁 43.6K
The makers of the 'Ramayana' venture are aiming to gain Warner Brothers' involvement as a producer in their movie.
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New York Community Bank is currently offering the nation's highest interest rate for a savings account.Users who sign up for a my banking direct account via New York Community Bank's online arm will get a 5.55% Annual percentage yield.This comes about a month after the regional financial institution had to raise $1 billion dollars in funding from investment firms including Steven Mnuchin's Liberty Strategic Capital and replaced its chief executive.
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Staying small is working out big time for Shore Capital. Their average internal rate of return on its 14 exits, all in health care, is 53%, net of fees. That’s nearly triple the average net IRR of U.S. buyout funds raised since 2009, according to data from Cambridge Associates. After Shore took its 20% to 30% cut of profits, its exits multiplied investors’ money by 5.5 times on average, also nearly triple the average total value to paid-in capital multiple of U.S. buyout funds raised during that period. Shore has never unloaded a company for less than three times cost before fees, nor, it says, has it ever suffered a loss. “Those are top 1% returns in private equity,” marvels one investor who asked not to be identified, citing his organization’s press policy. “That’s rarefied air, right? That’s more like venture capital than a traditional buyout firm.”<br/><br/>Ishbia and his team have acquired more than 1,000 mom-and-pop shops across the country (average cost: $15 million) since Shore’s 2009 founding and rolled them up into 61 larger chains of things inclu­ding autism treatment clinics, bakeries and exterminators. “We’re buying businesses in Akron, Ohio, and Pittsburgh, and Birmingham, Alabama,” Ishbia says. “There’s more low-hanging fruit for me. It’s Joe Schmo on Main Street.”<br/><br/>Shore then invests in computer systems and equipment, stacks the businesses’ boards with industry veterans and hunts for complementary companies in adjacent markets. “We’re just buying and buying and buying,” says Ishbia, who insists Shore doesn’t take on as much debt as other private equity firms and doesn’t cut servi­ces or head count. “The private equity world gets a bad rap for ‘buy this, slash that.’ We are growth—we have almost 35,000 employees and hire thousands per year.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2024/04/08/this-main-street-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime-justin-ishbia/?sh=3140aa9e39ee<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 11:7 👁 630K
Overwatch 2 Season 10: Venture Forth launches on April 16, 2024. Watch the latest trailer for Overwatch 2's Season 10: Venture Forth for another look at the new Damage Hero, Venture. The trailer also gives a look at what's coming in Season 10: Venture Forth, like the Mirrorwatch Event, details about the Battle Pass, and more. <br/><br/>In Overwatch 2's Season 10: Venture Forth, unlock the new Damage Hero, venture. Dig into their ability kit and explore new underground mechanics. Venture and all other Heroes are unlocked immediately for everyone who has completed the new player experience. Venture will also be available in Competitive at launch. The new season also features the Clash Game Mode, a new 5v5 game mode where you engage in an intense tug of war as you vie for control across a series of capture points. You can also Mythic Prisms as you progress through the Battle Pass and use them to unlock Vengeance Mercy and select previous skins at the Mythic Shop.
⏲ 2:24 👁 485K
Andi Oliver’s Fabulous Feasts episode 3 - Andi Oliver embarks on a captivating journey to the northeastern shores of England, setting her sights on the quaint fishing town of Bridlington. This charming locale holds a remarkable secret, one that many might find surprising: Bridlington stands as the undisputed lobster capital of Europe. A title not widely recognized but deeply ingrained in the town's culture and economy.
⏲ 57:45 👁 920K
British Airways is investigating after a stewardess was ordered home following a drunken altercation at a £2,000-a-night hotel in the Maldives.The airline worker was flown back to the UK following complaints about the behaviour of her group.The stewardess, her daughter and a friend had been staying at the Oblu Xperience Ailafushi with the rest of the BA flight team, who had flown from Heathrow to capital Malé last week.
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