Century City Money Titan Imposes Cap Amid Investor Exit Rush
Ares’ Strategic Income Fund will honor only 5% of a large wave of repurchase requests, leaving many investors with partial pay‑outs and shining a light on private‑credit liquidity. The move follows similar caps at other big managers.
Wire Bristle Scare Has Home Depot Grill Masters Ditching Nexgrill Brushes
Nexgrill is recalling more than 10.2 million metal‑bristle grill brushes sold at Home Depot after reports that bristles can detach and be swallowed. Owners should stop using affected models and register online for a gift‑card refund.
ICE Crackdowns Weigh on Orange County Economy, Study Finds
A UC Irvine study ties last summer’s ICE sweeps to a steep drop in neighborhood spending — roughly $58.9M in lost output and $4.5M in missed sales tax. Local shop owners say fear and fewer customers have forced quick pivots and lingering worry.
LA Judge Sets Aside $950M J&J Talc Punitive Award
A Los Angeles judge set aside a $950 million punitive award against Johnson & Johnson in the Mae Moore talc case while leaving about $16 million in compensatory damages intact. The move sharpens the focus on appeals in the sprawling talc litigation.











