logo
Private Equity Wants Government Help for a Final Push Into 401(k) Plans

Private Equity Wants Government Help for a Final Push Into 401(k) Plans

The private-equity industry has almost all the pieces in place to start managing Americans' 401(k) money—everything but the customers.
Despite the strides private-equity managers have recently made in efforts to access the $12 trillion in U.S. defined-contribution retirement plans, few companies offer the asset class to participants in their programs. Lawyers say retirement-plan sponsors are afraid of getting sued for offering expensive private funds rather than sticking to low-cost index funds.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

KIOXIA LC9 Series 245.76 TB Enterprise SSD with Innovative 32-die Stack Memory Named ‘Best of Show' at FMS: the Future of Memory and Storage 2025
KIOXIA LC9 Series 245.76 TB Enterprise SSD with Innovative 32-die Stack Memory Named ‘Best of Show' at FMS: the Future of Memory and Storage 2025

Yahoo

time22 minutes ago

  • Yahoo

KIOXIA LC9 Series 245.76 TB Enterprise SSD with Innovative 32-die Stack Memory Named ‘Best of Show' at FMS: the Future of Memory and Storage 2025

SAN JOSE, Calif., August 06, 2025--(BUSINESS WIRE)--KIOXIA America, Inc. today announced that its KIOXIA LC9 Series 245.76 terabyte (TB)1 enterprise SSD, utilizing a 32-die stack KIOXIA BiCS FLASH™ generation 8 QLC 3D flash memory, has received the FMS 'Best of Show' award in the 'SSD Technology' category. These awards recognize the cutting-edge products, services, and customer implementations that are pushing the boundaries of memory and storage technology. The industry's first2 245.76 TB1 NVMe™ SSD in a 2.5-inch and Enterprise and Datacenter Standard Form Factor (EDSFF) E3.L form factor, KIOXIA LC9 Series drives are well-suited to generative AI and enterprise applications. KIOXIA LC9 Series SSDs are now sampling to select customers. "When customers evaluate SSDs, important consideration is given to storage that scales to high capacities while delivering high performance and low power consumption," said Jay Kramer, Chair of the Awards Program and President of Network Storage Advisors Inc. "We are proud to recognize KIOXIA for its BiCS FLASH™ 3D flash memory and KIOXIA LC9 Series SSD. This solution is enabled by their CBA (CMOS directly Bonded to Array) technology and the innovation of a 32-die stacked architecture in a package - delivering the capacity, power and density required for transformational SSDs. Creating the highest capacity2 PCIe® 5.0 enterprise SSD is a remarkable achievement and a clear reflection of Kioxia's leadership position." Featuring a 32-die stack of 2 terabit (Tb)3 BiCS FLASH™ QLC 3D flash memory with innovative CBA technology, KIOXIA LC9 Series SSDs deliver the speed, scale, and density required to support the next wave of AI-centric workloads. This combination of advanced memory architecture and CBA technology enables 8 TB3 in a small 154 BGA package – also an industry first2. This milestone was made possible with advancements in Kioxia's high-precision wafer processing, material design, and wire bonding technologies. "Achieving multiple industry firsts with the KIOXIA LC9 Series reflects the depth of innovation across our engineering, manufacturing, and design teams," said Scott Nelson, Executive Vice President and Chief Marketing Officer for KIOXIA America, Inc. "As AI workloads grow more demanding, we're committed to delivering the flash memory technologies that will power the data infrastructure of tomorrow and accelerate progress across industries." For more information, please visit and follow the company on X, formerly known as Twitter and LinkedIn®. About KIOXIA America, Inc. KIOXIA America, Inc. is the U.S.-based subsidiary of KIOXIA Corporation, a leading worldwide supplier of flash memory and solid-state drives (SSDs). From the invention of flash memory to today's breakthrough BiCS FLASH™ 3D technology, KIOXIA continues to pioneer innovative memory, SSD and software solutions that enrich people's lives and expand society's horizons. The company's innovative 3D flash memory technology, BiCS FLASH, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, automotive systems, data centers and generative AI systems. For more information, please visit © 2025 KIOXIA America, Inc. All rights reserved. Information in this press release, including product pricing and specifications, content of services, and contact information is current and believed to be accurate on the date of the announcement, but is subject to change without prior notice. Technical and application information contained here is subject to the most recent applicable KIOXIA product specifications. Notes: 1: Definition of SSD capacity: Kioxia Corporation defines a kilobyte (KB) as 1,000 bytes, a megabyte (MB) as 1,000,000 bytes, a gigabyte (GB) as 1,000,000,000 bytes, a terabyte (TB) as 1,000,000,000,000 bytes, and a kibibyte (KiB) is 1,024 bytes. A computer operating system, however, reports storage capacity using powers of 2 for the definition of 1GB = 2^30 bytes = 1,073,741,824 bytes and 1TB = 2^40 bytes = 1,099,511,627,776 bytes and therefore shows less storage capacity. Available storage capacity (including examples of various media files) will vary based on file size, formatting, settings, software and operating system, and/or pre-installed software applications, or media content. Actual formatted capacity may vary.2: As of August 6, 2025, based on Kioxia survey.3: The flash memory capacity is calculated as 1 terabit (1 Tb) = 1,099,511,627,776 (2^40) bits, and 1 terabyte (1 TB) = 1,099,511,627,776 (2^40) bytes. 2.5-inch indicates the form factor of the SSD and not its physical size. NVMe is a registered or unregistered trademark of NVM Express, Inc. in the United States and other countries. PCIe is a registered trademark of PCI-SIG. LinkedIn is a trademark of LinkedIn Corporation and its affiliates in the United States and/or other countries. Other company names, product names and service names may be trademarks of third-party companies. View source version on Contacts Company Contact: Mia CoolKioxia America, (408) Media Contact: Dena JacobsonLages & AssociatesTel: (949) 453-8080dena@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Trump's Copper Tariffs Apply to $15 Billion of Goods So Far
Trump's Copper Tariffs Apply to $15 Billion of Goods So Far

Yahoo

time22 minutes ago

  • Yahoo

Trump's Copper Tariffs Apply to $15 Billion of Goods So Far

(Bloomberg) -- US President Donald Trump's first wave of copper tariffs will hit imports valued at more than $15 billion last year, highlighting the potential inflationary impact on American buyers. Mayor Asked to Explain $1.4 Billion of Wasted Johannesburg Funds All Hail the Humble Speed Hump PATH Train Service Resumes After Fire at Jersey City Station Details of the 50% import duties sparked turmoil in the global copper market last week — including a record slump for US futures — because Trump handed a surprise exemption to key forms of the wiring metal. But that still leaves significant trade volumes subject to tariffs. On Monday, the US Federal Register published a list of exactly what will fall under the 50% levy. It includes semi-processed products — like wires, tubes and rods — worth $7.7 billion last year, plus cabling typically used for phone or internet connections with almost the same value, according to Bloomberg News calculations. And it doesn't stop there. The White House ordered officials to come up with a plan in 90 days to slap tariffs on an array of other copper-intensive manufactured goods. Trump dramatically expanded the scope of US aluminum and steel tariffs earlier this year by adding derivative products. The US copper market is scrambling to understand the implications of Trump's tariffs, which the president said will help boost domestic output of semi-processed and copper-containing products. He stopped short of tariffs on refined metal — an omission that shocked investors but reflects deep US reliance on imports and a pushback by key American buyers, who feared the duties would drive up costs significantly. Still, the US took in at least 600,000 tons of semi-finished copper last year, according to the US International Trade Commission. About 35% came from Canada, followed by Germany, South Korea and Mexico each at less than 10%. Refined copper, spared from the levies, amounted to about 900,000 tons and was worth about $8.4 billion. Tariffs will be levied according to the value of the copper content. That means the 'semis' that are almost pure copper will attract a much higher effective duty rate than, say, internet cables where the copper wiring is only a part of the product. (Updates with country data in penultimate paragraph.) Russia's Secret War and the Plot to Kill a German CEO AI Flight Pricing Can Push Travelers to the Limit of Their Ability to Pay Government Steps Up Campaign Against Business School Diversity What Happens to AI Startups When Their Founders Jump Ship for Big Tech The GOP Is Choosing Pesticides Over the MAHA Moms ©2025 Bloomberg L.P. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Seven & i's North American business IPO to fund more aggressive growth, says CEO
Seven & i's North American business IPO to fund more aggressive growth, says CEO

Yahoo

time22 minutes ago

  • Yahoo

Seven & i's North American business IPO to fund more aggressive growth, says CEO

TOKYO (Reuters) -Japanese convenience store giant Seven & i Holdings' planned listing of its North American operations would provide additional debt capacity for more aggressive growth than currently planned, its chief executive said on Wednesday. The listing, billed for the second half of 2026, would allow for faster store rollouts in the U.S. and additional bolt-on M&As, CEO Stephen Dacus said at a strategy briefing for analysts and media in Tokyo. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store