Alaska's former Revenue Commissioner, Adam Crum, made a significant move in July by taking $50 million from the Constitutional Budget Reserve and placing it into a partnership with DigitalBridge. This action has sparked a debate about the need for better oversight of state investments. Governor Mike
A big change is happening at the UH Ahuja Medical Center in Beachwood. The South Pavilion is getting a new name. It will now be called the Carol and John Fountain Pavilion. This is all because of a generous donation from Carol and John Fountain. This donation is part of a larger fundraising campaig
Microsoft is making a big bet on the Middle East. The tech giant is pouring billions into the region, focusing on artificial intelligence and cloud computing. This move is part of a larger plan to spread AI technology across developing countries. The company is teaming up with G42, a UAE-based AI f
Microsoft is putting a lot of money into the United Arab Emirates. They plan to spend over $15 billion by 2029. This is big news because the UAE wants to be a leader in artificial intelligence. They are using their strong ties with the U. S. to get the latest technology, including advanced computer
A public company, TON Strategy, recently faced a warning from Nasdaq for breaking rules about getting shareholder approval. They raised over $500 million by selling shares privately to buy a lot of Toncoin, a cryptocurrency linked to Telegram. Nasdaq didn't punish them severely because it seemed lik
The International Finance Corporation (IFC), a key player in global development finance, is shifting its focus to boost local-currency lending and direct investments in African companies. This move aims to help projects grow big enough to catch the eye of major global investors. Makhtar Diop, the IF
American Express, a major player in the financial industry, has been making waves with its recent stock performance. Over the past year, the company's stock has surged by 32. 15%, and in the last month alone, it's up by 9. 12%. This growth has pushed the stock to new all-time highs, with a notable p
West Fraser, a major player in the forestry industry, is facing a tough road ahead due to the uncertain trade environment between the US and Canada. This isn't just about lumber; it's about the broader economic relationship between the two countries. The company's future depends on how well it can a
Marco Voci has taken a new role at Houlihan Lokey, a big name in investment banking. He's now a Managing Director in their Consumer Group, based in London. His job? To focus on active lifestyle, branded consumer products, and luxury goods in Europe, the Middle East, and Africa. He'll team up with ot
A large building in Bergen County is getting a new purpose. It will soon be home to a special adult daycare center. The place is 67, 000 square feet big. It is fully leased to Lily Life. This center is mainly for the Korean community nearby. The building is at 2 Christie Heights St. in Leonia. It is
