Some of the biggest banks in the U. S. are in the spotlight after a cyber attack hit a company they work with. SitusAMC, which helps manage real estate investments, found out about the breach on November 12. They think some client files might have been exposed. These files include financial records and legal documents. The attack wasn't caused by encrypted malware, ...
Private companies are stepping up to fill the gap left by the U. S. government's reduced investment in climate science. This shift is creating a boom in the earth intelligence sector, with businesses like Climate X and GHGSat leading the charge. Climate X, a London-based data analytics firm, recently helped a real estate manager assess climate risks for hundreds of ...
This week in Chicago, a lot happened. Let's start with the big news. Congress made a move to get the Justice Department to share its files on Jeffrey Epstein. President Trump signed the bill, giving the department 30 days to hand over the documents. Meanwhile, Tom Pritzker, a billionaire and cousin of Illinois Governor JB Pritzker, was mentioned in documents from the...
Crypto is changing how wealthy families manage their money. A company called Digital Ascension Group helps rich people handle their crypto investments. They do everything from planning for the future to dealing with taxes. Their clients include families with lots of money and even some who made big profits from memecoins. One of their clients turned a small investme...
A new chapter begins for Pittsburgh's Station Square. WS Development, a real estate company from Massachusetts, now owns this large complex. It has restaurants, entertainment spots, and offices. The company's leader, Jeremy Sclar, is happy about this purchase. He likes the history of Station Square and wants to make it even better. WS Development has many properties...
In a significant move, U. S. authorities have apprehended four individuals, including two Chinese nationals, for their alleged involvement in a scheme to illegally ship advanced Nvidia graphics processing units (GPUs) to China. These GPUs are crucial for artificial intelligence (AI) applications. The suspects are accused of attempting to bypass U. S. export controls ...
The Carman family saga is a twisted tale of wealth, mental health struggles, and tragic deaths. At the center of it all is a family feud that may have led to the deaths of three people. The story starts with John Chakalos, a wealthy real estate developer, who was found dead in his home in 2013. His daughter, Linda Carman, disappeared at sea three years later. Both de...
Destiny USA, a huge mall in Syracuse, New York, is in a legal battle with a virtual reality gaming company. The mall wants to evict Zero Latency, a VR gaming venue, because its lease ended a while ago. The mall says Zero Latency should have left by the end of summer, but the company is still there. Zero Latency opened in May 2023 and offers immersive gaming experien...
Fibra Next, a Mexican real estate investment trust, recently attempted to raise funds by selling shares. The goal was to collect around 10 billion Mexican pesos, but they only managed to secure about $400 million. This is less than what they initially aimed for. The company planned to sell 100 million shares. Investors from around the world were interested, but at t...
Retirement isn't just about relaxing; it's about exploring new passions and staying active. Many retirees seek places where they can enjoy nature, engage in sports, and live comfortably without breaking the bank. Here are some towns that offer just that. In Kentucky, Lexington stands out with its equestrian culture and outdoor activities. With over 300, 000 resident...