July 26, 2022 Building on Mayor’s Blueprint for Economic Recovery, New Funding Will Extend Program Providing Personal Assistance and Resources Through 2023 Program Has Already Connected More Than 10,000 Small Businesses With Grants, Loans, and Marketing Tools NEW YORK – New York City Mayor Eric Adams today announced a $1.5 […]
Investing in Nash | Andreessen Horowitz
We’re excited to announce that a16z is leading the Series A for Nash, an API-based platform for last-mile delivery. The Nash marketplace gives businesses the “superpower” of being able to offer delivery, without having to build their own fleet or manage logistics. Nash customers get access to a network of […]
Credit Suisse names new CEO to overhaul investment bank as losses mount
The Swiss bank has dubbed 2022 a “transition” year with a change of guard, restructuring aimed at curtailing risk-taking in investment banking, and bulking up of wealth management, while batting away speculation that it could be acquired or broken up. A new strategic review announced on Wednesday, the bank’s second […]
FACT SHEET: Biden-Harris Administration Advances Equity And Economic Opportunity Through Federal Procurement And State And Local Infrastructure Contracting
Administration Announces Record Contract Spending on Small Disadvantaged Businesses and New Steps to Create Contracting Opportunities for Disadvantaged Businesses through the Bipartisan Infrastructure Law The Federal Government is the largest consumer of goods and services in the world, spending roughly $600 billion each year. Thanks to President Biden’s Bipartisan Infrastructure […]
Berkshire Partners to Invest in Leading Israeli Data Center Platform MedOne
TEL AVIV & BOSTON–(BUSINESS WIRE)–MedOne, Israel’s leading and most trusted provider of colocation data center infrastructure, today announced that it has received a significant growth investment from Berkshire Partners, a U.S. private investment firm, and the van Rooyen Group, alongside majority shareholder Taavura. Established in 1997, MedOne provides carrier-neutral colocation, […]
Canada’s Suncor open to sale of gas stations after deal with activist investor
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July 18 (Reuters) – Suncor Energy Inc (SU.TO), said on Monday it had added three new independent directors and would review a possible sale of its retail gas station business, as part of an agreement with activist investor Elliott Investment Management. Canada’s second-largest crude oil producer has been under pressure […]
Organizations step up investments in minority-led Milwaukee businesses
JCP Construction is currently working on the ThriveOn King building on North Martin Luther King Drive. Ken Robertson, the executive vice president, chief operating officer and chief financial officer of the Greater Milwaukee Foundation, says investments such as this can improve spaces that have been neglected in Milwaukee. (Rendering by […]
What is the Capital Gains Tax, How is it Calculated, and How Much Will You Pay?
Billionaire business owner Warren Buffett once famously commented that his secretary paid taxes at a higher rate than he did. Although there are surely many factors at play – among them Buffett’s intentionally low salary and his large charitable donations – a big part of the story is that Buffett […]
Federated Hermes, Inc. agrees to acquire the $3.63 billion investment advisory business of C.W. Henderson, a specialist in municipal-bond separately managed accounts
Entire team to join Federated Hermes and continue managing portfolios PITTSBURGH, July 18, 2022 /PRNewswire/ — Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, reached a definitive agreement to acquire substantially all of the assets of C.W. Henderson and Associates, Inc., a Chicago-based registered investment advisor […]
Dow Jones Rallies 300 Points As Goldman Sachs Jumps On Earnings
The Dow Jones Industrial Average rallied 300 points Monday, as earnings season continued, with reports out from Bank of America (BAC), Charles Schwab (SCHW) and Dow Jones stock Goldman Sachs (GS). X Bank of America rose 3% after its second-quarter results. Schwab climbed around 1% after a strong earnings report, […]