Bernie Moreno Secures Pledge to Keep Historic Ohio Paper Mill Open After Democrat Investor Threatened Closure
Sen. Bernie Moreno (R-OH) on Friday secured a commitment to suspend the closure of the Chillicothe paper mill until the end of the year after private equity Democratic donors moved to close the historic fixture in Chillicothe, Ohio. “I’ve just hung up on HIG Capital and am excited to announce that I have agreed to […]
Harley-Davidson faces board fight as activist investor wants CEO gone as iconic brand stalls
Investment company H Partner urges Harley-Davidson shareholders to remove three directors, including the CEO, from the board, and is responsible for the company’s sales and decline in stock prices. H Partner, the second-largest investor in the iconic American brand with a 9.1% stake, made the latest move after urging CEO Joshen Gitz to get on […]
Billionaire investor issues dire warning over 'economic heart attack' for US soon
First Trust Advisors L.P. Chief Economist Brian Wesbury analyzes the economic of President Donald Trump’s tariffs and shares … source
Activist investor targets Hewlett Packard by reportedly building $1.5B stake
Hedge fund Elliot Investment Management built more than $1.5 billion in stake in Hewlett Packard Enterprise, said on Tuesday by someone familiar with the issue. Elliot, one of the world’s largest activist investors, is currently ranked among the largest investors in information technology companies and plans to engage with management, said someone not allowed to […]
Italian tycoon to be lead investor in Panama ports deal: report
According to the report, Italian big name Genlui Aponte’s family-run business – not BlackRock, but will become the leading investor in the group seeking to buy 43 global ports, including major Panama Canal locations. However, BlackRock will gain control of two Panama Ports, which are included in the roughly $19 billion deal. A source familiar […]
Billionaire investor Bill Ackman says Trump needs 90-day ‘time out’ on tariffs
Elon Musk says he wants a future for the US and Europe where tariffs are no longer needed. Billionaire Investor Bill Ackman President Donald Trump's mutual tariffs require a 90-day “timeout” and warns the United States will bring about a “self-induced economic nuclear winter.” In a long X post on Sunday, the billionaire founder of […]
Ex-wife of Tesla, SpaceX investor fueling anti-Elon Musk protests
Anti-Tesla protests are fueled by huge democratic donors. 58-year-old billionaire Steve Jurvetson is an early Tesla investor who served on the board until December 2020 and continues to sit on the SpaceX board of masks. However, according to public records, his ex-wife, California psychiatrist Carla Julvetson, 58, divided over $500,000 into inseparable actions. Washington-based advocacy […]
‘Shark Tank’ investor Barbara Corcoran unlocks real estate’s biggest dilemma that is bad for business
While “many of things are at issue” in the housing market right now, “uncertainty” is the “biggest” issue of everything, “Shark Tank” investor Barbara Corcoran told Fox News Thursday. “There's a lot of uncertainty, and uncertainty is bad for the business,” Corcoran Group Matriarch said while appearing on “America's Newsroom.” “Uncertainty puts people to pause, […]
Uber angel investor stirs Bitcoin debate with 'build a better Bitcoin' remark – TradingView
After claiming that Bitcoin would inevitably be replaced by something better, tech investors who supported the ride-sharing app Uber in the early days sparked a backlash from the Bitcoin community. “Bitcoin was a great game, but with a few giant players cornering the market, the timing is 'building better bitcoin' – the right thing to […]
Stock market today: Stock futures surge across the board as inflation data calms investor nerves – Yahoo Finance UK
The latest Consumer Price Index (CPI) Housing costs showed that they eased to the slowest pace in February in over three years. Shelter costs rose 4.2% from the previous year in February, slower than the 4.4% increase seen in January, and later than the 12-month minimum increase since December 2021. Home expenses, which rose 0.3% […]