Author: Angel City Editorial Team
Decided not to purchase shares from defaulters July 10, 2024 10:50 PM Last updated: July 10, 2024, 11:00 PM Infographic: TBS”> Infographic: TBS Investment Corporation of Bangladesh (ICB), one of the largest institutional investors in Bangladesh’s stock market, has formulated a new investment policy to invest in the capital market to counter allegations of investing in weak and junk stocks. According to experts, the state investment bank adopted the policy from July 1 as part of a plan to strengthen its financial base, which is weakening day by day due to poor investment choices, and to increase transparency and accountability…
A fully leased mid-sized office building in Los Angeles County’s South Bay has sold for a substantial amount thanks to plans being approved to convert it into apartment complexes. Optimus Properties announced it has sold a 65,300-square-foot building in Torrance, California, to Rose Equities for $30.5 million, along with the rights to redevelop it into 272 apartments. The Los Angeles-based seller acquired the asset in 2019 for $15.8 million.See also: San Francisco election puts future of commercial real estate on the ballot The office sits on 5.5 acres at 2325 Crenshaw Boulevard. It is fully leased to Los Angeles County…
Market News Midday Cash Livestock Market In cash beef regions, bids were updated in parts of Kansas and Texas on Wednesday. Some offers in the South are around $190, but in the North they are yet to be finalized. Any significant volume will likely be delayed until Thursday or Friday. Private sources said there was sparse trading at $188 in parts of the South on Tuesday, but this has not been confirmed by the USDA. Beef cutouts were mixed as of midday, with slight to moderate box movement. Choice was down $0.41 at $325.25 and Select was up $1.24 at…
Downward angle icon Downward angle icon. Rep. Ritchie Torres changed his public stance Wednesday, urging Democrats to look at the “cold numbers.” Noam Galai/Getty Images Rep. Ritchie Torres once scolded Biden skeptics, but now says Democrats need to look at the “cold numbers.” Sen. Richard Blumenthal supports Biden but said he is “deeply concerned” about the election. The comments came after new polling numbers showed Democrats losing ground in key battleground states. On Monday, New York Rep. Ritchie Torres scolded Democratic lawmakers for “a continuous stream of public statements of no confidence” in President Biden. On Wednesday, Torres issued his…
If you’ve been paying attention to AI-related announcements over the past year, you’ve probably noticed that many tech companies have chosen stars or star-like symbols to represent their AI products and services, and at Samsung’s Galaxy Unpacked event today, the sparkly logo was everywhere. This story is part of the Samsung Event, CNET’s roundup of news, tips and advice about Samsung’s most popular products. And we need tech companies to stop it. Now.The sparkly emoji is special. It’s not the boring basic star (⭐) your grandma sends you. It’s not the emoji (💫) that’s supposed to represent dizzyness, it’s the…
Released on July 10, 2024 at 10:02 pm Technology & Startup Desk Samsung unveiled a series of new products at its latest Galaxy Unpacked event, including the new Galaxy Z Fold 6 and Flip 6, Galaxy Ring, Galaxy Watch 7 and Watch Ultra, Galaxy Buds 3 and Buds 3 Pro. Let’s take a quick look at all the new products officially announced by Samsung at Galaxy Unpacked 2024. Samsung Galaxy Fold 6 (left) and Flip 6 (right)”> Samsung Galaxy Fold 6 (left) and Flip 6 (right) Galaxy Z Fold 6 and Flip 6 The Fold 6 has a 7.6-inch main…
Key Takeaways Baidu shares rose on Wednesday after optimistic reports about the Chinese tech company’s robotaxi business. Dow Jones News and Bloomberg pointed to an analyst note that said Baidu’s Apollo Go robotaxi business is likely to break even this year in Wuhan. The impending launch of Tesla’s robotaxi is also raising hopes. Baidu (BIDU) American Depositary Receipts (ADRs) rose in intraday trading on Wednesday after reports that the Chinese internet search engine’s robotaxi business, Apollo Go, is getting off the ground in China. Dow Jones News and Bloomberg both reported that they expect Apollo Go to break even in…
Commercial real estate investors are preparing to put their money to work as high interest rates and remote work continue to hurt the real estate market.Private equity firms have $400 billion in cash, 64% of which is in North American real estate, according to Preqin data cited by Bloomberg. This is the highest percentage of the North American real estate market allocated in the past two decades, bringing the total to about $256 billion. This suggests that companies are waiting for the right opportunity to buy up commercial real estate at bargain prices.Commercial real estate values are on the decline…
Common sense tells you that retiring with debt is a bad idea.But mortgage and credit card debt is a harsh reality for more than a quarter of retirees, according to a new survey from the National Association of Retired Persons.”Many people are feeling financial pressures from inflation, which could be exacerbating the debt some retirees still have,” Mike Morrone, vice president of business development at Nationwide, told Yahoo Finance.Sobering findings: Nearly one-third of retirees expect their financial situation to be less stable in retirement than their parents’ or grandparents’ generation, and one in five currently worry about paying their monthly…
California’s record-breaking heat wave is expected to hit record highs in Los Angeles County and the Antelope Valley on Wednesday.Temperatures are expected to reach 122 degrees in the desert near Palm Springs and nearly 114 degrees in Barstow.Lancaster and Palmdale recorded their seventh day of temperatures exceeding 110 degrees Fahrenheit, breaking records for the number of consecutive days with extreme heat. The extreme heat warning will be in effect until 9 p.m. Saturday and will affect the Antelope Valley, along Interstate 5, the western San Gabriel Mountains and along Highway 14. Extreme heat warnings and watches are in effect for…