The European Union is preparing a new fund that will pour €5 billion into cutting‑edge technology companies, such as those developing quantum computers and artificial intelligence. The plan is to hand over the fund’s day‑to‑day operations to a private management firm chosen in April. The selectio
A former co‑founder of a major crypto exchange has once again claimed that Bitcoin could reach $250, 000 next year and climb even higher in 2027. He says this jump would happen because governments, especially the United States, will need to issue more money to keep voters happy and to pay for ongoin
A big change is on the way for residents in East County. A new Costco store will open inside a large development called VIVA White Oak. The warehouse will cover about 162, 000 square feet and will be the first big store in a project that spans 280 acres. The site sits close to the Food and Drug Admi
Business Development Companies, or BDCs, often promise big dividends that can tempt investors looking for steady income. The allure is strong: many BDCs offer returns that beat traditional bonds and some stocks, which makes them seem like a gold mine for retirees or anyone needing cash flow. But
Applied Real Intelligence, a firm based in Santa Monica, has decided to give financial support to Toronto‑based brand October’s Very Own (OVO). The exact amount was not shared, but the move signals confidence in OVO’s growing popularity. OVO started as a music group in 2008, founded by Drake, Ol
In recent news, a teacher union president praised how some southern states are improving reading skills. He pointed out that the progress in Mississippi, Alabama and Louisiana is not about politics but about solid teaching plans and well‑trained teachers. These states have put the right materials in
Private wealth teams closed the year with a mix of bold moves and cautious bets. Some went big on sports, others on tech or crypto, showing how varied their strategies can be. One firm raised its stake in a famous English football club. Although the news drew attention, the owners say their share i
In a market where building new apartments is hard and expensive, one developer has chosen to buy old ones instead. Bozzuto Group teamed up with Invesco to put a billion dollars into existing multifamily homes on the East Coast. These buildings have lost value but can be refreshed and made competit
A big fight is on the horizon for British boxer Conor Benn, but the money isn’t coming from the UFC owners. During a recent quarterly call, Mark Shapiro of TKO Group Holdings explained that the one‑fight deal with Zuffa Boxing is fully funded by the Saudi‑led entertainment firm SELA, headed by Tu
The blockchain incubator founded by billionaire Alan Howard has closed, ending a few years of support for new crypto companies. The studio had funded several projects such as tokenization firm Libre (now KAIO), staking shop Twinstake, infrastructure provider TruFin, and privacy‑focused startup Geome
