Buffett’s Berkshire hits $1 trillion market cap, first non-tech firm to do so
Jack Oliver, Managing Partner at RBO & Co., discusses his investment strategy and reveals his stock picks. Market value Warren Buffett's Berkshire Hathaway The company's market capitalization surpassed $1 trillion for the first time on Wednesday, making it the first non-technology company in the United States to reach that level. Buffett's company joins six other […]
Migrant crisis roils Boston area as school stands firm on Dukakis-era residency policy
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DOJ accuses tech firm RealPage of enabling landlords to collude on rents
The Department of Justice has sued real estate technology company RealPage for allowing landlords across the country to use its software to illegally raise rents for their tenants. The shocking lawsuit, filed jointly by eight states – California, Colorado, Connecticut, Minnesota, North Carolina, Oregon, Tennessee and Washington – alleges that RealPage helped landlords fix prices, […]
DOJ sues software firm, alleging pricing algorithm enables landlords to raise rents
The Department of Justice (DOJ) sued property management software company RealPage on Friday, alleging that the company’s pricing algorithms allow landlords to share sensitive pricing information and increase rents. The lawsuit, joined by attorneys general from North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee and Washington, alleges that RealPage violated antitrust laws by restricting competition […]
Stock market today: Wall Street holds firm after inflation data clears the path for cuts to rates – Yahoo Finance
NEW YORK (AP) — Wall Street was relatively stable on Wednesday. Inflation update That was roughly in line with economists’ expectations. The S&P 500 was up 0.3% in midday trading. One of the best days of the yearThe Dow Jones Industrial Average was up 184 points, or 0.5%, as of 11:35 a.m. Eastern time, while […]
Assembly Speaker Carl Heastie’s girlfriend scores new job with bigger lobbying firm
She upgraded. State Assembly Speaker Carl Heastie’s girlfriend has landed a new job at Albany’s largest lobbying firm after being fired from her previous job with a small labor union. Rebecca LaMotte lost her job with the Greater New York LECET in June in what the group called a reorganization, months after her influential boyfriend […]
Casey tied to Chinese firm he claimed McCormick-led company invested in to ‘profit’ off Fentanyl crisis
Pennsylvania Senator Bob Casey, through several mutual funds, invests in the same companies that recently ran ads attacking a Chinese fentanyl manufacturer that is also an investment holding of Republican candidate Dave McCormick. In an ad released earlier this month, the Pennsylvania senator’s campaign argued that McCormick was “profiting off people’s pain” and slammed his […]
Joe Douglas must stand firm and call Haason Reddick’s Jets bluff
In the latest episode of “Only the Jets,” up-and-coming pass rusher Bryce Huff was traded to the Eagles for a new $17 million annual free agent salary, and Jets general manager Joe Douglas traded for an established Eagles pass rusher who never showed up to training camp and has now made his trade request public. […]
Billionaire Bill Ackman mulls deal to take Seaport developer Howard Hughes’ firm private
Billionaire hedge fund manager Bill Ackman is bouncing back from a failed IPO for Howard Hughes real estate company Pershing Square USA and is eyeing a deal to take the company private. This is shown in regulatory filings. The document, which is published on the Securities and Exchange Commission’s website, is called a Schedule 13D […]
Three OpenAI executives exit firm, go on leave in latest shakeup
Three key OpenAI executives have left their positions in a recent leadership shakeup at CEO Sam Altman’s company. Greg Brockman, president of OpenAI and one of its 11 co-founders, has announced that he will be taking a sabbatical from the company until the end of the year. “I’m taking the rest of the year off […]