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Private equity for the masses not always worth the risks

For most people, it’s natural to assume that if something is exclusive to the wealthiest echelons of society, it must be better. Asset management firms looking to access trillions of “retail” investor dollars explicitly reference this exclusivity when marketing private equity offerings. But investors should be wary when fund marketers talk about “democratizing investing” or opening access to areas previously only available to the elite. Reasons to be wary Investing is already democratized. The SEC eliminated fixed trading commissions in 1975, and innovation has made investing ...

USDA issues pork jerky recall

More than 2 million pounds of ready-to-eat Korean barbecue pork jerky is being recalled as it may be contaminated with pieces of metal, the U.S. Department of Agriculture’s Food Safety and Inspection Service announced Friday. The product is made by LSI Inc., an Alpena, S.D., establishment. The affected jerky product has a one-year shelf-life with “best by” dates ranging Oct. 23, 2025, through Sept. 23, 2026, printed on the side of the packaging. The recall includes 14.5-oz. and 16-oz. plastic pouches containing “GOLDEN ISLAND fire-grilled PORK JERKY Korean BARBECUE ...

US Renal Care marks 25 years

U.S. Renal Care has been helping people with kidney disease for 25 years. Headquartered in Plano, Texas, U.S. Renal Care partners with nephrologists across 32 states in the U.S. to care for more than 36,000 people living with kidney disease. Since 2000, U.S. Renal Care has been a leader in ...

Norfolk Southern declares quarterly dividend

ATLANTA NS declares dividend Norfolk Southern Corporation announced a quarterly dividend of $1.35 per share on its common stock. The dividend is payable Nov. 20 to shareholders of record on Nov. 7. The company has paid a dividend on its common stock for 173 consecutive quarters since its formation in 1982. JOHNSTOWN Penn Highlands gets grant The 1889 Foundation has awarded a $15,000 grant to the Penn Highlands Community College Foundation to support scholarships for students pursuing culinary arts. The funding, provided through the Supporting Scholars Fund, will help expand access ...

Recall: 63,000 Cybertrucks’ front lights too bright

Tesla is recalling more than 63,000 Cybertrucks in the U.S. because the front lights are too bright, which may cause a distraction to other drivers and increase the risk of a collision. The National Highway Traffic Safety Administration said that the recall includes certain Cybertrucks with a model year between 2024 and 2026. The vehicles were made between Nov. 13, 2023, and Oct. 11, 2025, with operating software versions prior to 2025.38.3. The agency said that Tesla is not aware of any collisions, injuries, or fatalities related to the condition.

Blair Chamber breakfast to focus on celebration

The Blair County Chamber of Commerce Breakfast Club at 7:45 a.m. Nov. 6 at the Blair County Convention Center will offer a first look at an exciting lineup of events celebrating our country’s 250th anniversary. Blair County will be joining communities all across Pennsylvania and the United States in helping to plan an E.P.I.C. celebration for this milestone anniversary, the Semiquincentennial, in 2026. Providing an overview of events for Blair County will be a panel comprised of America250PA Blair County committee members A.C. Stickel, Jim Lowe and Glenn Nelson. The event will be ...