Apollo's Zito on Fears Facing Private Credit Investors

    Apollo Asset Management co-President John Zito talks about how AI is impacting investing and private credit. “Everyone is acknowledging we will be in a higher-volatility regime, but they are not acknowledging credit is actually the typical safer place to be,” he told Bloomberg’s Dani Burger at the Milken Institute Global Conference in Beverly Hills. (Source:…

    Read More

    GM settles California lawsuit claiming it sold driving habit data to insurance companies

    GM became the subject of several lawsuits after a 2024 report by The New York Times revealed that automakers, including GM, had been sharing driving data — such as speed, hard braking, and rapid acceleration — with data brokers and insurance companies, which reportedly adjusted pricing based on this information. Under its settlement with California,…

    Read More