Hyundai plans fresh $20 billion investment in US, including new Louisiana steel plant, as tariff threats loom
Hyundai plans to make a fresh $2 billion investment in the US, including a new Louisiana steel factory, becoming the latest major foreign company and moving more operations into the US to avoid looming tariffs. The South Korean automaker is planning to build a $5.8 billion factory near Donaldsonville, with the new facility being set […]
UAE agrees to 10-year, $1.4T investment framework, White House announces
The United Arab Emirates (UAE) has agreed to a 10-year, $1.4 trillion investment framework, the White House announced Friday, saying it will “slightly increase the UAE's existing investment in the US economy.” The White House said the investment lies in AI infrastructure, semiconductors, energy and American manufacturing. The White House said in a press release […]
UAE commits to $1.4 trillion investment framework in US, White House says – CNBC
Abu Dhabi, United Arab Emirates Bojabo | istock | Getty Images The UAE is committed to a 10-year, $1.4 trillion investment framework in the United States after UAE officials met President Donald Trump this week, White House officials said Friday. The new framework will “substantially increase the UAE's existing investment in the US economy” in […]
Trump Meeting with UAE Yields 10-year, $1.4 trillion Investment Framework in U.S.
UAE officials have committed to a 10-year, $1.4 trillion investment framework in the United States after meeting President Donald Trump, White House officials said Friday. The new framework would “substantially increase the UAE's existing investment in the US economy” in AI infrastructure, semiconductors, energy and American manufacturing. I said Reuters checking the meeting and results. […]
Investment group agrees to buy Boston Celtics for record price
Defending NBA champions, the Boston Celtics, will soon gain new ownership. The franchise's current ownership group has agreed to sell the club to William Chisholm for a record $6.1 billion. ESPN and Sportico were among those who were first reporting a sales agreement. Chisholm is a managing partner of Symphony Technology Group, a California-based private […]
San Diego FC Makes Large Security Investment Aimed at Curbing Anti-Gay Chants
San Diego FC, a member franchise of Major League Soccer (MLS), is planning to dramatically increase its security equipment to counter anti-gay chants that have become famous by Mexican football fans. “The number of stadium security personnel will increase, strategically placed in key areas and increase presence near the opposing goalkeeper section. Criminals may be […]
Bank of America cuts 150 junior jobs in investment banking
Bank of America has eliminated 150 junior bankers employment at investment banks, two sources familiar with the matter told Reuters on Tuesday. The bank's latest cuts follow similar exercises at rivals JPMorgan and Goldman Sachs, part of the annual process to reduce performance degradation. However, trading volume is below forecasts for the first half of […]
Is the SPDR S&P 500 ETF Trust the Smartest Investment You Can Make Today? – The Motley Fool
With three major indexes slipping over the past few weeks, it may not seem like the best time to invest in stocks now. It's easy to imagine momentum going on, so buying is always more appealing when you see certain stocks and assets rising. The idea is to jump on the bandwagon and see your […]
Santa Maria investment adviser pleads guilty to stealing more than $2M from elderly clients – KSBY News
On Tuesday, Santa Maria's investment advisor pleaded guilty to fraudulent senior clients at the company from millions of dollars, according to the Department of Justice (DOJ). Julie Dollar, 52, runs a Santa Maria-based investment advisory business called Viviv Financial Management Inc. (VFM). Prosecutors say they stole around $2.25 million from their clients between November 2016 […]
Trump Estimates TSMC’s $100B Investment Will Create 20,000+ Jobs
President Donald Trump on Monday predicted that Taiwanese Semiconductor Manufacturers (TSMC) in the United States would create between 20,000 and 25,000 jobs. Trump made the estimates while submitting questions at a press conference that announced the investment along with TSMC CEO CC Way, Commerce Secretary Howard Lutnick, and AI and Crypto Czar David Sacks. “We're […]