The Viceroy L’Ermitage Beverly Hills was owned by a fugitive financier involved in a $2.5 billion fraud. Interested? It’ll cost north of $100 million.
A Beverly Hills Hotel, Bought With Looted Money, Goes on Sale
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Category Archives: Business
Pandemic exposes ‘huge generational divide’ in lockdown housing conditions
Pandemic exposes ‘huge generational divide’ in lockdown housing conditions
20 Patriotic Movies and Series to Stream on July 4th
Looking to veg out with some truly American tales? These are the best patriotic movies and series streaming on Netflix, Amazon, and other top services.
Turkey’s strategic play in Libya to help reap economic gains
Ankara is looking to harness its carefully-crafted relationship with Tripoli to shore up its own economy. Turkish firms’ decades-long experience in war-torn Libya could boost their chances as the nation rebuilds itself.
Geofencing Data: Less-Than-Truckload Boost Carries Into June
Less-than-truckload (LTL) volumes continued to improve throughout May and into the first week of June, said Deutsche Bank (NYSE: DB) analyst Amit Mehrotra in a note to clients. read more
Germany finalizing plan to phase out coal energy
The vote provides a roadmap that envisions the phase-out of coal between now and 2038
World’s Largest Pension Fund Loses $165 Billion in Worst Quarter
(Bloomberg) — The world’s biggest pension fund posted a record loss in the first three months of 2020 after the coronavirus pandemic sparked a global market rout in the period.Japan’s Government Pension Investment Fund lost 11%, or 17.7 trillion yen ($164.7 billion), in the three months ended March, it said in Tokyo on Friday. The decline in value was the s […]
Treasury, SBA appear to miss deadline to disclose small business loan data
The missed target date is a setback in the administration’s promises to be transparent about one of the largest economic stimulus packages ever created by the federal government.
The U.S.-China Feud Gets Nasty
(Bloomberg) — The U.S. and China are moving beyond bellicose trade threats to exchanging regulatory punches that threaten a wide range of industries including technology, energy and air travel.The two countries have blacklisted each other’s companies, barred flights and expelled journalists. The unfolding skirmish is starting to make companies nervous the t […]
St. Louis Couple Captured On Video Pointing Guns At Protesters
The video was retweeted by President Trump early Monday morning.
10 Biggest Price Target Changes For Monday
Guggenheim raised Spotify Technology SA (NYSE: SPOT) price target from $170 to $223. Spotify shares closed at $264.95 on Friday. read more
Airbus CEO sees production down 40% over the next two years
Airbus is assuming a 40% drop in production over the next two years due to the coronavirus crisis, chief executive Guillaume Faury was quoted on Monday as saying. “For the next two years – 2020/21 – we assume that production and deliveries will be 40% lower than originally planned,” Faury said.
If you get an IRS letter that says your tax payment is overdue, don’t panic
The IRS is extending payment deadlines because of the pandemic.
Apple, AT&T, Jack Daniel’s: Fed issues details on bond buys
The Federal Reserve will purchase corporate bonds from roughly 750 companies in the coming months to keep borrowing costs low and smooth credit flow.
Zero baggage fares can generate $400 million in revenues for airlines, benefit customers, says CAPA India
While advising the government to allow airlines to do so, the advisory also called for #39;commercial freedom#39; of carriers
Foreaders 