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When it comes to commercial real estate ownership in majority-Black neighborhoods, Black business owners are often systemically excluded from the economic benefits such ownership can generate, while other investors amass control over profits and the trajectory of neighborhood development. “There is an assumption that [small business owners] can pay rent in South LA but cannot […]
Crowdfunding is an incredibly powerful tool. It can be used for charitable causes like offsetting the cost of medical bills for a struggling family or ridiculous causes like turning a millionaire into a billionaire. In the midst of defending itself against Russia’s invasion, Ukraine crowdfunded $6 million to purchase a UH-60 Black Hawk helicopter. The […]
Napa Valley’s newest vintners have one of the wine industry’s most striking backstories. Sisters Robin and Andréa McBride grew up on two different continents, each believing she was an only child. It wasn’t until later in their lives that they learned about each other’s existence. Once they met, they became close — then went into […]
ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. HomeVestors of America, the company behind the “We Buy Ugly Houses” ads, says it’s in the business of helping people. Sometimes, the quick cash its franchises provide in exchange for a . . […]
Fanatics agreed to buy the U.S. operations of sports betting company PointsBet, sources said. The deal values the assets at about $150 million. The agreement marks a big leap into sports gambling for Fanatics. Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC […]
“Akiya banks are run by municipal office workers, the majority of which often do not have any experience in real estate,” said, Matthew Ketchum, a Pittsburgh native and co-founder of Akiya & Inaka, a Tokyo-based real estate consultancy. “The existing solutions do not align with the needs of modern buyers and sellers.” Mr. Ketchum’s firm […]
April 14 (Reuters) – Best Buy Co Inc (BBY.N) is cutting store jobs across the United States, the Wall Street Journal
(CNN) A Russian paramilitary group fighting in Ukraine on behalf of Vladimir Putin attempted to buy weapons and equipment from an unlikely source: NATO member Turkey, according to a leaked US intelligence document that was obtained by CNN.
March 20 (Reuters) – CF Industries Holdings (CF.N), the world’s top ammonia producer, will buy the U.S. manufacturing facility of Australia’s Incitec Pivot Ltd (IPL.AX) in a $1.68 . . .
Australia will buy Tomahawk missiles, which can be launched from ships or submarines, in a deal worth almost $900m. Australia plans to buy up to 220 Tomahawk cruise missiles from the United States after the US State Department approved the sale in a deal valued at nearly $900m. The deal, which the Pentagon said involves […]