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Rising defaults and liquidity constraints are pressuring private credit stocks like Blue Owl Capital (OWL). While Blackstone (BX) and Apollo (APO) offer high yields, AI-driven disruption in the software sector remains a key risk.

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Nike named Cimarron Nix as Chief Sustainability Officer to lead its enterprise-wide environmental strategy. A company veteran since 2017, Nix transitions from her current VP role on March 15 to report directly to the COO.

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Crude oil prices surged as the Strait of Hormuz bottleneck trapped 20% of global supply, sending tanker charter costs up 900%. Despite U.S. naval escort offers, experts warn the conflict could cost the economy up to $210 billion.

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