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New York Mayor Eric Adams is expected to face federal charges by prosecutors out of the Southern District of New York as soon as Thursday, two sources familiar with the matter said Wednesday night. Before news of federal charges broke Wednesday, Adams was at a reception at the Metropolitan Museum of Art, which President Joe Biden also attended. “I do not see how Mayor Adams can continue governing New York City,” Ocasio-Cortez said on X. "However, it is clear that defending himself against serious federal charges will require a significant amount of the time and attention needed to govern this great city. The most appropriate path forward is for him to step down so that New York City can get the full focus its leadership demands."

Persons: Eric Adams, Adams, “, ”, Adams ’, Daniel Nigro, Nigro, Edward Caban, James Caban, Joe Biden, Douglas Muzzio, ” Muzzio, Alexandria Ocasio, ” Ocasio, Cortez, Brad Lander, Mayor Adams, Lander, ” Adams Organizations: York, Southern, of, FBI, NYPD, Turkish Consulate, Democratic, Fire, NBC News, Federal, Adams . Police, Authorities, Queens, Metropolitan Museum of Art, Baruch College, New Locations: of New York, New, Brooklyn, Turkish, Adams, Manhattan, New York, Alexandria, Cortez, New York City

Senate Foreign Relations Committee Chairman Ben Cardin was targeted by a caller who posed as a former top Ukrainian official during a recent Zoom call, according to a notice circulated to Senate offices and obtained by NBC News on Wednesday. According to the notice, the caller's questioning was "likely trying to bate the Senator into commenting on a political candidate." Cardin and his staff ended the call, the notice said, adding that Cardin's office contacted the State Department, which confirmed the caller was not Kuleba. Cardin referred to the caller as a "malign actor" in a statement about the incident his office released Wednesday night. NBC News reported this month that the Justice Department plans to file criminal charges in connection with the hacking of Trump’s campaign, according to two law enforcement officials.

Persons: Ben Cardin, Dmytro Kuleba, Punchbowl, Cardin, ”, bate, “, ” Cardin, Donald Trump's, Joe Biden's Organizations: Foreign Relations, Ukrainian, NBC News, Ukrainian Foreign, State Department, The State Department, Capitol Police, FBI, Justice Department Locations: Iran

☆ Caitlin Clark’s rookie season ends with Fever's loss to Sun
▼ + stars: | 2024-09-26 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

Caitlin Clark’s historic rookie season ended Wednesday as the Indiana Fever lost 87-81 to the Connecticut Sun, losing their first-round playoff series 0-2. Her 337 assists in the regular season were not only a rookie record, but also the WNBA record for assists in a season. She became the first rookie to record a triple-double, and she set the record for most 3s by a rookie in a single season, as well. On July 17, Clark recorded 19 assists in a loss to the Dallas Wings, a single-game WNBA record. After her final collegiate game in April, Clark’s professional career began the next month in May.

Persons: Caitlin Clark’s, Clark, Alyssa Thomas, DeWanna Bonner, Michael Mulvihill Organizations: Indiana Fever, Connecticut Sun, Sun, Connecticut, Minnesota Lynx, Phoenix Mercury, Dallas Wings, Fever, Indiana, Associated Press, Fox, Iowa Hawkeyes Locations: Connecticut

Florida ranks sixth among states with the largest shares of homeowners who don't have meaningful insurance. Putnam County, in the northern part of the state, is at 32.9%, while in Miami-Dade County, nearly 25% lack homeowners insurance that would protect them from calamity. In Miami-Dade County, 33.5% of homeowners pay $4,000-plus a year, ranking it in the top 10 among the country's most populous counties. Curtis, who has lived in Taylor County for 40 years and is a former forester, said many of her neighbors can't afford to pay for insurance. Her insurance doesn't cover hurricane damage, so McDonald will anxiously await news from home until the storm passes, she said.

Persons: Michelle Curtis, Hurricane Helene, Curtis, Helene, Debbie McDonald, Hurricane Idalia, she's, McDonald Organizations: Southeastern, Atmospheric Administration, Miami, Dade, Census, Cedar Locations: Florida, Perry, Hurricane, Taylor County, Florida’s Big Bend, Southeastern U.S, Putnam County, Miami, Dade County, U.S, Cedar, Gainesville, Jacksonville

Harris is scheduled to visit a border town in Arizona on Friday, her campaign announced Wednesday. Trump has made the border and immigration a centerpiece of his pitch for the presidency, making multiple visits to the southern border during the campaign. Friday's visit to Douglas, Arizona, will be Harris' second trip to the southern border during her term as vice president. NBC News reported in August that shelters on the southern border and in some major cities experienced sharp declines in migrants seeking shelter over the past several months. Border Patrol agents in June apprehended the lowest monthly number of migrants crossing the southern border since President Joe Biden took office.

Persons: WASHINGTON, Kamala Harris, Donald Trump, Harris, Trump, bashes, Biden, don’t, MSNBC's Stephanie Ruhle, Hannibal Lecter, baselessly, Joe Biden Organizations: Capitol, Harris, Trump, NBC, NBC News, Border Patrol Locations: Arizona, Springfield , Ohio, Douglas , Arizona, El Paso , Texas

☆ EPA must review risks of risks of fluoride in drinking water to children, judge rules
▼ + stars: | 2024-09-26 | by ( ) www.nbcnews.com time to read: +2 min

U.S. District Judge Edward Chen in San Francisco on Tuesday sided with several advocacy groups, finding the current practice of adding fluoride to drinking water supplies to fight cavities presented unreasonable risks for children’s developing brains. But the judge stressed he was not concluding with certainty that fluoridated water endangered public health. The agency had denied their so-called citizen’s petition asking it to consider banning fluoridation chemicals from public drinking water. More than 200 million Americans, or about 75% of the population, currently have fluoride added to their drinking water at recommended levels of 0.7 milligrams of fluoride per liter of water. The U.S. practice differs from Europe, where fluoridated drinking water is rare.

Persons: Edward Chen, Chen, ”, Barack Obama, ” Michael Connett Organizations: . Environmental Protection Agency, U.S, District, Toxic, Democratic, Water Watch, EPA Locations: California, San Francisco, U.S, Europe

The six-part "Mr. McMahon" features interviews from McMahon and touches on controversies that have plagued his decades-long career. "I think she’s fearful, but that is her general state of mind," said Ann Callis, who is Grant's attorney. Vince McMahon announces Dwayne "The Rock" Johnson has joined the Board of Directors for TKO at the New York Stock Exchange, in New York City, on Jan. 23. "If I could sum it up generally, it is a culture of corruption," Callis said. "Once you’re accused of rape, you’re a rapist," McMahon says in the docuseries.

Persons: Wrestling Entertainment's Vince McMahon, Mr, McMahon, Janel Grant, Ann Callis, She’s, she’s, Vince McMahon, Dwayne, Johnson, Michelle Farsi, Callis, Grant, she's, Janel, ”, John Laurinaitis, We’ve, Hulk Hogan, John Cena, Rita Chatterton, you’re Organizations: Wrestling, Netflix, WWE, New York Stock Exchange, Southern, of, NBC News Locations: New York City, of New York

He recalled how during the 2006 war between Israel and Hezbollah, there was a sense of hope because several countries were actively mediating. It was formed in 1982, after Israel invaded Lebanon, with the initial aim of ending Israel’s occupation of southern Lebanon, which it achieved in 2000. Hezbollah has fired rockets, missiles, and drones into northern Israel; and Israel has responded with increasingly heavy airstrikes. Israel has vowed to do whatever it takes to safely return its citizens to their homes in the north. Hezbollah has also said that it does not seek war but that it will continue striking Israel until there is a cease-fire in Gaza.

Persons: Elias Faouz, ”, Faouz, ” Faouz, “ It’s, —, Sandra Moukhtar, Moukhtar, Sarah Waizani, ” Waizani, “ Organizations: U.S, Lebanon’s Health, AFP, Getty, World Bank, Organization for Migration Locations: Lebanon, United States, Israel, Beirut, Gaza, Maarakeh, Iran, Hezbollah, U.S, United Kingdom, Tehran, Baalbeck, Bekaa, Mount Lebanon, Moukhtar, Syria, Dahiye

☆ Australia's inflation rate has come within its target range, but rate cuts likely won't come anytime soon
▼ + stars: | 2024-09-26 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

Australia's inflation rate has come within the RBA's target range in the month of August, easing from 3.5% in July to 2.7%., according to a Wednesday release from the country's Bureau of Statistics. The drop puts the rate below the Reserve Bank of Australia's target range of 2%-3% for the first time since August 2021. He said that while the relief programs will bring headline inflation to the top of the RBA's target range, the RBA will be "looking through" these subsidies and focusing on core inflation. He writes, "the path of core inflation back to the target range has stalled somewhat, and it is hard to see a major improvement in the near term. We think the bank will need to see three more inflation prints before they are comfortable embarking on an easing cycle."

Persons: Australia's, Michelle Bullock, Bullock, Sean Langcake, Langcake Organizations: Statistics, Reserve Bank, U.S . Federal Reserve, Fed, ., Australia's Locations: SYDNEY, AUSTRALIA, Sydney, Australia, country's, Oxford

☆ CNBC Daily Open: Time to look at AI-adjacent plays
▼ + stars: | 2024-09-26 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The Stoxx Europe 600 Bank Index fell 0.73% as investors monitored UniCredit's potential merger with Commerzbank . Done selling NvidiaNvidia CEO Jensen Huang is done selling the company's stock for now. In March, Huang set out a plan to sell up to six million Nvidia shares by first quarter of 2025.

Persons: Jensen Huang, Huang, Meta Organizations: CNBC, Dow Jones, Nasdaq, Commerzbank, Google, Microsoft Google, European Commission, European Union, Microsoft, Nvidia, Bain & Company, Labs, Hewlett Packard Enterprise Locations: Europe

☆ China offers one-time cash allowance for those in extreme poverty
▼ + stars: | 2024-09-26 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

China's government announced it will offer a one-time cash allowance to those in extreme poverty, a day after its central bank rolled out a slate of stimulus measures aimed at shoring up the economy. The handout will be provided to "extremely poor people, orphans and other needy people on the occasion of the 75th anniversary of the founding of New China," China's Ministry of Civil Affairs reported on Wednesday. The report did not specify the size of the allowance or any further details. As of last November, 40.4 million people in China were covered by subsistence allowances. The average allowance was about 779 yuan ($110.80) per person a month for those staying in urban areas, while rural subsistence was 615 yuan per person.

Persons: Xi, Shaun Rein, Mao Zedong Organizations: New, Ministry of Civil Affairs, CPC, China Market Research, CNBC Locations: New China, China

☆ Universal basic income pros and cons —according to experts
▼ + stars: | 2024-09-26 | by ( Allie Kelly | ) www.businessinsider.com time to read: +13 min

BI broke down the pros, cons, and frequently asked questions about basic income. Universal basic income and guaranteed basic income could fill gaps in the existing US social safety net, experts said. A benefit of basic income is the element of choice, according to Shafeka Hashash, associate director of guaranteed income at the Economic Security Project. Private donors often fully or partially fund basic income programs, lessening the cost burden on local governments. US states with active basic income programs include California, Illinois, Colorado, New York, Georgia, Louisiana, and more.

Persons: —, Melvin Carter, Paul, Shafeka Hashash, Hashash, It's, John Gillette, Oscar Wong, UBI, Andrew Yang, Howlette, hasn't, Michael Tubbs, Allan Baxter, What's, Sam Altman, Elon Musk Organizations: Service, Business, St, SDI, SNAP, Economic Security, Arizona, Rep, American, Orleans Mayor's, Youth, University of British Columbia, Alaska Permanent Fund, Tech Locations: Valley, America, Los Angeles and Illinois, Texas, Missouri, Arizona , Iowa, South Dakota, Orleans, Denver, Atlanta, Alaska, California , Illinois, Colorado , New York , Georgia, Louisiana, Canada, Brazil, China, Germany, India, Iran, Ireland, California, New Mexico, Oregon

The logistics of having to haul all the stuff three kids need felt like an impossible task with just two parents. AdvertisementI hated traveling with strollersMy kids are only two years apart, so we've always traveled with a stroller. The JetKids ride-on suitcase allows you to drag your kid around the airport with ease. Kids sit on the little suitcase and hold on to a strap, and the parent has a long strap to pull it. AdvertisementI tried it while traveling with my twins aloneRecently I traveled with my twins by myself for the first time.

Persons: —, I'm, strollers, we've, you've, We've Organizations: Service, Business, Passengers, Facebook Locations: Argentina, Miami

☆ Fearful of the 'middle-income trap,' Indonesia pushes for major policy reform
▼ + stars: | 2024-09-26 | by ( Shafi Musaddique | ) www.cnbc.com time to read: +4 min

Incoming President Subianto has promised to continue the charge toward making Indonesia a high-income economy. Economic reforms passed through by the outgoing president will make the achieving Indonesia's grand vision easier. "Widodo put in place a bunch of economic reforms, the most noticeable being making it easier to hire and fire new workers. Indrawati hopes to avoid "the middle-income trap" — an economic development situation where growing economies stagnate at middle-income levels and are unable to advance to the ranks of high-income countries. Major policy reforms, she believes, will help Indonesia sidestep that.

Persons: Sri Mulyani Indrawati, CNBC's, Joko Widodo, Prabowo Subianto, Subianto, Widodo, Gareth Leather, Indrawati Organizations: Afp, Getty, country's Finance, International Monetary Fund, Defense, Capital Economics, CNBC, Lowy Institute Locations: Jakarta, Indonesia, Washington, Australian, China, Asia

☆ Veteran investor Dietze names the sectors — and stocks — he likes right now
▼ + stars: | 2024-09-26 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Favorable valuations Small-cap stocks are one area Dietze is watching closely, given that they are trading at a "discount." Interest in small-cap stocks picked up in July and while the outlook has been mixed, he likes that "valuations are favorable" right now. Emerging markets Another popular segment Dietze is focusing on is emerging markets, thanks to the potential from their rapidly growing population numbers. Countries classified as emerging markets include China, India, South Korea, Taiwan and Brazil. Year-to-date, the MSCI Emerging Markets Index is up 0.56%.

Persons: Dow Jones, David Dietze, CNBC's, Dietze's, Russell, Jerome, Dietze, Hershey, —, Jesse Pound Organizations: U.S, U.S . Federal, mull, Dow, Nasdaq, Federal, CNBC, Myers Squibb, BHP Group Locations: U.S ., U.S, China, India, South Korea, Taiwan, Brazil, Bristol

☆ Russia has secret war drones project in China, intel sources say in Reuters report
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: +6 min

Kupol, Almaz-Antey and the Russian defense ministry did not respond to requests for comment for this article. He said more information was needed to establish that China was playing host to production of Russian military drones. "China cannot continue to fuel the largest conflict in Europe since the Second World War without this impacting its interests and reputation." "We are extremely concerned by reports that Russia is producing military drones in China," a spokesperson said. Beijing has repeatedly denied that China or Chinese companies have supplied Russia with weapons for use in Ukraine, saying the country remains neutral.

Persons: Russian Federation Manuel Augusto Moreno, IEMZ, Kupol, Fabian Hinz, Samuel Bendett, Farah Dakhlallah, Kupol's Organizations: Russian Federation, Ukraine, Reuters, International Institute for Strategic Studies, Center, New, New American Security, White House National Security Council, NATO Locations: People's Republic of China, Russia, China, Russian, Ukraine, Beijing, London, New American, Washington, U.S, Europe, Kupol, Izhevsk

☆ Oil prices little changed as U.S. stockpile drop offsets global demand woes
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: +2 min

Oil prices were little changed on Thursday after falling in the previous session as signs of higher fuel demand and falling stockpiles in the U.S., the world's biggest oil user, offset concerns over demand elsewhere, particularly in China. Oil prices were little changed on Thursday after falling in the previous session as signs of higher fuel demand and falling stockpiles in the U.S., the world's biggest oil user, offset concerns over demand elsewhere, particularly in China. Oil prices slumped over 2% on Wednesday as worries over supply disruptions in Libya eased and demand concerns continued despite China's latest stimulus plans. Oil prices initially rose following the stimulus announcement from the world's biggest oil importer. "Any revival in Libyan production would return to a market that is already beset by concerns of weak demand in the U.S. and China," ANZ Research said.

Organizations: Brent, U.S, West Texas, ANZ Research, Energy Information Administration Locations: U.S, China, Libya, United States

☆ India wants to become a semiconductor powerhouse, but it can't do it on its own
▼ + stars: | 2024-09-26 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +7 min

Bhatnagar pointed to how Taiwan's Powerchip Semiconductor Manufacturing Corporation will help India's Tata Electronics to build the country's first 12-inch wafer fab in Gujarat. However, analysts said India first needs to learn the ropes before it can compete with the East Asian giant, especially since its semiconductor manufacturing industry is still at a very nascent stage. "India is far behind China in semiconductor manufacturing. Earlier in September, the U.S. Department of State announced it will partner with the India Semiconductor Mission and India's electronics and IT government body to improve the global semiconductor value chain. "We are encouraging [the] semiconductor industry in a big way.

Persons: Narendra Modi, Eri Ikeda, Trendforce, Bhatnagar, Rishi Bhatnagar, Ikeda, Cozying, Biden, Modi, Jensen Huang, Sundar Pichai, Huang, Thomas Caulfield, Lisa Su, Tarun Pathak, CNBC's Tanvir Gill, Goldman Sachs Organizations: Dixon Technologies, Bloomberg, Getty, India, Indian, CNBC, Department of Management Studies, Indian Institute of Technology, Semiconductor Manufacturing Corporation, Tata Electronics, Micron Technology, Devices, Tata Group, East, External, of Engineering, U.S . Department of State, India Semiconductor, Nvidia, Google, Hindustan Times, AMD, Counterpoint, Apple, Counterpoint Research Locations: Uttar Pradesh, India, Indian Institute of Technology Delhi, Taiwan, China, South Korea, U.S, Japan, Gujarat, American, China India, New York, New Delhi, Beijing

☆ Read the note CEO Sam Altman sent to OpenAI staff announcing another 2 big exits
▼ + stars: | 2024-09-26 | by ( Sarah Gray | ) www.businessinsider.com time to read: +3 min

But Zoph confirmed his departure, posting a note to X saying he decided to leave OpenAI. And The Verge's Kylie Robison posted on X that McGrew had left the company. When Mira informed me this morning that she was leaving, I was saddened but of course support her decision. For the past year, she has been building out a strong bench of leaders that will continue our progress. Mira, Bob, Barret, and Mark will be there.

Persons: OpenAI, Zoph, Kylie Robison, McGrew, Altman, Mira, Bob, Barret, Mark, Jakub, Josh Achiam, Kevin, Srinivas, Matt Knight, Matt, Josh, Sam Organizations: Research, Mission Locations: OpenAI

☆ Dollar firm following sharp rebound as Fed speakers eyed
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: +4 min

Earlier this week, Chicago Fed President Austan Goolsbee said policymakers "can't be behind the curve" if the economy is to have a soft landing. Atlanta Fed President Raphael Bostic said the central bank needn't go on a "mad dash" to lower rates. Later Thursday, Fed Chair Jerome Powell gives pre-recorded remarks at a conference in New York, where New York Fed President John Williams also speaks. Boston Fed President Susan Collins and Fed Governors Michelle Bowman and Lisa Cook take to the podium at various other venues as well. Minutes from the Bank of Japan's July meeting, when the central bank raised short-term interest rates, showed policymakers were divided on how quickly the central bank should raise interest rates further.

Persons: Adriana Kugler, Austan Goolsbee, Raphael Bostic, I'm, it's, Kenneth Crompton, Jerome Powell, John Williams, Susan Collins, Michelle Bowman, Lisa Cook, NAB's Crompton, Sterling, bitcoin Organizations: Reserve, Fed, Chicago Fed, Atlanta Fed, National Australia Bank, New York Fed, Boston, Weekly U.S, Traders, Bank of Japan's, Swiss Locations: New York

☆ NYC Mayor Eric Adams indicted on federal charges in campaign finance case
▼ + stars: | 2024-09-26 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

New York City Mayor Eric Adams speaks during a press conference at the City Hall, after it was revealed that he received a fresh round of federal grand jury subpoenas, New York City, U.S., August 16, 2024. New York City Mayor Eric Adams has been indicted on criminal charges in federal court in Manhattan, a source familiar with the matter told CNBC on Wednesday night. The indictment, which remains sealed for now, at least in part accuses Adams of criminal conduct related to donations to his 2021 mayoral campaign. Adams, a 64-year-old former police captain, is at least the second New York mayor to be criminally charged while still in office. If Adams resigns before his first term in office ends, he would be replaced by New York City Public Advocate Jumaane Williams as acting mayor.

Persons: Eric Adams, Adams, Alexandria Ocasio, Cortez, Jumaane Williams Organizations: York City, City, New York City, CNBC, city's Campaign, Program, New York, New York Police Department, Manhattan U.S, Attorney's, New York Times, City Hall, Police Department, Brooklyn Borough, FBI, Public Locations: York, New York City, U.S, New York, Manhattan, Turkey, Israel, China, Qatar, South Korea, Uzbekistan, New, Alexandria, Cortez

☆ Jefferies: Japan's mobile gaming developers face market share erosion
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJapan's mobile gaming developers face market share erosion due to competition and saturationAtul Goyal of Jefferies highlights the rising competition from Chinese mobile game developers as a major challenge to market incumbents in Japan.

Persons: Atul Goyal Organizations: Jefferies Locations: Japan

☆ Markets across Asia rebound; Chinese markets set to extend gains
▼ + stars: | 2024-09-26 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Red flags fly at Tiananmen Square in Beijing, China, on Wednesday, July 10, 2024. Asia-Pacific markets rose on Thursday, with markets in the region rebounding and Chinese markets poised to extend gains. Mainland China's CSI 300 has notched a five-day winning streak, hitting its highest levels in almost two months after Beijing rolled out a slate of economic stimulus measures on Tuesday. Meanwhile, Hong Kong's Hang Seng index is set for a third straight day of gains, according to futures data.

Persons: Hong Organizations: China's CSI Locations: Beijing, China, Asia, Pacific

☆ New York City Mayor Eric Adams has been indicted
▼ + stars: | 2024-09-26 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

Eric Adams has been indicted, The New York Times first reported on Wednesday. With this indictment, Adams has become the first sitting NYC mayor to be criminally charged. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNew York City Mayor Eric Adams has been indicted after a federal corruption probe, The New York Times first reported on Wednesday. With this indictment, Adams has become the first sitting New York mayor to face criminal charges.

Persons: Eric Adams, Adams, — Organizations: New York Times, Service, York City, New York, Times, Business Locations: York

☆ Blackstone reveals how to make money in India and mistakes to avoid
▼ + stars: | 2024-09-26 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

India's economic growth story is a stunning one — but the question of where investors should park their money is not always straightforward, with one Blackstone executive highlighting a common mistake. However, focusing too much on the macro story can be dangerous for investors, according to Blackstone Private Equity's head of Asia, Amit Dixit. I think you go to India for the macro, everybody knows," Dixit said at the Milken Institute's recent Asia Summit in Singapore. While the list of companies Blackstone invests in India are extensive, he spotlighted the likes of information technology service firm Mphasis , IT service management company R Systems and automotive components manufacturer Sona Comstar . "I think, either end of the spectrum, you can make a lot of money as an investor," he said.

Persons: Blackstone, Blackstone Private Equity's, Amit Dixit, Dixit, Sona Comstar, it's, Manraj Sekhon, Sekhon Organizations: Blackstone Private, Milken, Summit, CNBC, Blackstone, Systems, Templeton Global Investments, Milken Asia Summit Locations: India, Hong Kong, Asia, Singapore

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