A restructuring plan for bankrupt Bitcoin (BTC) miner Core Scientific could be finalized by September and it expects to exit proceedings with an additional $46 million due to recent favorable market conditions. In a May 22 filing in a Texas Bankruptcy Court, Core Scientific’s lawyers said its liquidity position has improved considerably since it filed
A ruling by federal officials that could make or break New Jersey’s first major offshore wind farm project is expected this summer. On Monday, the U.S. Department of Environmental Protection’s Bureau of Ocean Energy Management released its Final Environmental Impact Statement for the $1.6 billion Ocean Wind 1 project, a state-supported plan by Danish energy
The governor of the Bank of England has conceded there are “very big lessons to learn” in setting monetary policy after the central bank failed to forecast the recent rise and persistence of inflation. Along with other members of the BoE’s Monetary Policy Committee, Andrew Bailey told the House of Commons Treasury select committee on
In this article LOW DKS GS WFC YELP Follow your favorite stocksCREATE FREE ACCOUNT Yelp Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Yelp — Shares of
Family businesses large and small, whether involving real estate or anything else, often use a limited liability company as the ownership vehicle for the business. The founder of the business will often maintain a controlling position in the LLC, while other family members receive only an “economic interest”—the right to receive money and enough information
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The effects of diversity, equity, and inclusion on public finance is growing as issuer leaders explore best practices for defining, measuring, and implementing the policies. The Government Finance Officers Association has made DEI an area of focus, an effort that’s expected to continue as the group changes leadership. Reckoning with the issue has been a priority
Governor Brian Kemp of Georgia on Thursday announced the recipients of $225 million of federal health and public facilities development grants funded by the American Rescue Plan Act of 2021. The state selected142 projects from a crowded field of proposals submitted by local governments and nonprofit organizations as per federal regulation that would help “improve
Labour is ready to force pension funds to invest in a proposed £50bn “future growth fund”, as the party aims to boost the amount of capital available for fast-growing UK companies. Rachel Reeves, shadow chancellor, said she did not believe Labour would need to mandate retirement schemes to invest in the new fund because of
In this article DKNG ZION PFE MU FL Follow your favorite stocksCREATE FREE ACCOUNT Pacific Western Bank signage is displayed outside of bank branch in Beverly Hills, California on May 4, 2023. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in midday trading. PacWest Bancorp — Shares rose 14%. The
Commercial real estate owners and managers are under more pressure than ever to show creativity and uncover new sources of revenue as office occupancy continues to underperform its pre-pandemic levels. Few options are off the table, from community-oriented flex space to rooftop restaurants and party venues. Add to this mix data centers, which are increasingly
One of the boat ramps at Callville Bay Marina no longer reaches the water on April 16, 2023 in Lake Mead National Recreation Area, Nevada. Rj Sangosti | Medianews Group | The Denver Post via Getty Images The Biden administration on Monday announced that it’s reached an agreement with states reliant on the Colorado River
Hoping to fill some of its 784 vacant positions, the Kansas state government held a virtual job fair last week that attracted 204 participants. “These are good-paying jobs with excellent benefits, and we look forward to finding high-quality candidates that are passionate about contributing their talents for the betterment of Kansas,” Lt. Gov. and Secretary
Muni yields climbed even higher to end the week, while U.S. Treasuries were weaker and equities ended down. Muni yields, after outperforming USTs the prior week, “have adjusted higher in a hurry this week in sympathy with the UST selloff,” said Barclays strategists Mikhail Foux, Clare Pickering and Mayur Patel. Triple-A benchmark yields rose four
China said that US chipmaker Micron Technology’s products posed “serious network security risks” as it banned operators of key infrastructure from buying them, in its first big measure against an American semiconductor group. The Cyberspace Administration of China on Sunday announced that the company, which is the biggest US maker of memory chips, “posed significant
In this article PFE ORGO CABA RARE NVAX CYH MRNA EXAS VKTX Follow your favorite stocksCREATE FREE ACCOUNT A customer used an automated teller machine (ATM) at a Truist Bank branch in Dallas, Texas, US, on Friday, April 14, 2023. Shelby Tauber | Bloomberg | Getty Images The health care sector experienced rapid change over
In this article MU TTWO BOOT BABA 6758.T-JP ZION Follow your favorite stocksCREATE FREE ACCOUNT Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Check out the companies making headlines before the bell Thursday. Walmart – Shares
A lot of time is dedicated to providing advice to first-time homebuyers – as it should be. However, selling a house for the first time can also be a bewildering experience. These sellers are navigating what, for them, is unchartered waters, and missteps can keep their home on the market longer, or cause them to
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