Lobbying World: American Investment Council adds McCarthy, Scalise alum
of American Investment Council Hired Will Dunham Dunham joins the firm as senior vice president of government relations from legal and lobbying giant Brownstein Hyatt Farber Schreck, where she previously served as policy director for former House Speaker Kevin McCarthy (R-Calif.) and executive director of the Republican Study Committee for current House Majority Leader Steve […]
Big Lots files for bankruptcy, will close some stores amid sale to investment firm
See what's clicking on FoxBusiness.com. Nearly three months after it cited “significant doubts about the company's ability to continue operations” in a filing with the U.S. Securities and Exchange Commission, Big Lots said Monday it had secured $707.5 million to support operations and sell the business to private equity firm Nexus Capital. The announcement comes […]
She Supports Increasing Capital Gains Tax by Less than Biden ‘To Better Incentivize’ Investment
On Thursday's “CNN This Morning” broadcast, Ian Sams, senior national spokesman for the Harris-Waltz campaign, said Vice President Kamala Harris, a potential 2024 Democratic presidential candidate, supports a smaller increase in capital gains tax rates than President Joe Biden, “to better encourage the entrepreneurial investment that we want to see in this country to help […]
Nonprofits Are Throwing Left-Wing Investment Policies Overboard, Study Reveals
A 2023 report by the Council of Foundations and the Commonfund Institute found that nonprofits are abandoning environmental, social and governance (ESG) policies at an alarming rate. The percentage of community foundations that plan to adopt ESG policies in the next 12 months fell from 34% in 2022 to 16% in 2023, while private foundations […]
Watch live: Biden speaks on investment, rural energy in Wisconsin
President Biden is scheduled to visit the battleground state of Wisconsin on Thursday and deliver a speech announcing billions of dollars in federal investments in climate-friendly energy in rural America. During his visit in Westby, Wisconsin, President Biden is expected to announce $7.3 billion in funding for rural electric cooperatives across the country to build […]
The Solar Investment Tax Credit is safe from repeal even if Republicans win in 2024
this month, 18 House Republicans submit letter They urged House Speaker Mike Johnson (R-Louisiana) not to repeal the Inflation Control Act’s clean energy tax credit if Republicans maintain or expand their House majority in this year’s elections, stressing that “the energy tax credit has spurred innovation, encouraged investment and created good jobs in many of […]
El Salvador Announces $1.6 Billion Investment That Will Kickstart ‘Bitcoin City’ – Decrypt
El Salvador is receiving a major infrastructure investment that is expected to help build the country’s future-oriented “Bitcoin City.” The government said Sunday that Turkish holding company Ilport will invest $1.62 billion in two seaports in El Salvador, the largest private investment in the country’s history. “This is a joint venture with Ilport Co., Ltd. […]
Tim Scott champions Bitcoin as investment opportunity
Senator Tim Scott (R-Lausanne-Concord) first publicly voiced his support for Bitcoin and cryptocurrencies at the Bitcoin 2024 conference. The South Carolina Republican’s comments will come as a major boost to crypto investors, given that Scott is the ranking Republican on the Senate Banking Committee, which oversees the Securities and Exchange Commission. During a one-on-one discussion […]
State of Michigan Unveils Nearly $6,600,000 Investment in ARK 21Shares Bitcoin ETF – The Daily Hodl
New documents reveal that the state of Michigan has millions of dollars worth of investments in the ARK 21Shares Bitcoin (BTC) exchange-traded fund (ETF). According to the new 13-F Filing The State of Michigan Retirement System, in cooperation with the U.S. Securities and Exchange Commission (SEC), has purchased 110,000 shares of the ARK 21Shares BTC […]
Citadel boosts stake in James Dolan’s Sphere after Steve Cohen investment
Ken Griffin’s Citadel increased its stake in James Dolan’s Sphere Entertainment just weeks after it revealed that another hedge fund mogul, Mets owner Steve Cohen, had invested in the company. Citadel Advisors has increased its stake in the company that owns Las Vegas’ revolutionary concert venue from 1.6% to 5.3%. According to an SEC filing […]