Category: News
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Brookfield Corporation Announces Results of Annual and Special Meeting of Shareholders
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Article content Brookfield News, June 07, 2024 (GLOBE NEWSWIRE) — Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced that all seven proposed nominees have been elected to the Board of Directors by the holders of limited Class A voting shares (“Class A Shares”). For election to the Board of…
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Israel’s forex reserves back on the rise
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Israel’s foreign exchange reserves at the end of May 2024 amounted to $210.508 billion, an increase of $2.399 billion from their level at the end of April, the Bank of Israel said. Israel’s foreign exchange reserves at the end of May 2024 amounted to $210.508 billion, an increase of $2.399…
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Texas community bancshares COO sells shares worth over $27,000 By Investing.com
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Texas Community Bancshares, Inc. reported (NASDAQ:TCBS) announced a notable transaction by a key executive. The Company’s Senior Vice President and Chief Executive Officer, Strange Haskell, sold 1,900 shares of common stock on June 6, 2024, for a total value of $27,170, at a price of $14.30 per share. The deal…
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Tesla objects to $5.6 billion payout for lawyers who voided Musk’s pay
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Written by Tom Hales WILMINGTON, Delaware (Reuters) – The legal team that invalidated Tesla Inc’s record pay package is entitled to a small portion of the $5.6 billion legal fees it sought because their lawsuit provided almost no benefit, the electric car maker said in court papers on Friday. For…
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3M hiked to Buy at BofA as new CEO focus on ops, innovation should spur growth (NYSE:MMM)
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Editorial jetcityimage/iStock via Getty Images 3M(New York Stock Exchange: mmm) +1.9% In Friday trading, Bank of America upgraded its shares to buy from Neutral with a price target of $120, up from $105, citing new CEO Bill Brown’s desire to refocus the company on growth and operations. Bank of America…
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‘Full House’ home for sale for $6.5 million
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I dreamed of owning a tanner’s home Full house Since Michelle was a little girl? I get it, buddy, if you have $6.5 million to spend. The famous Victorian era featured in exterior shots of the ABC show (and its Netflix sequel), is set in 1709 Broderick Street In San…
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Shelter Afrique eyes capital boost as a development bank
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African housing financier Shelter Africa is looking for institutional investors to bolster its capital position after rebranding as a development bank last year, which allowed it to gain an additional class of investors. A review of the bank’s articles of association by its shareholders to upgrade it to a development…
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Rachel Reeves Faces Pressure to Raise Capital Gains Tax to Fund Public Services
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Rachel Reeves, Labour’s shadow chancellor, is under mounting pressure from colleagues to consider increasing capital gains tax (CGT) as part of an ambitious Autumn Budget designed to fund public services. With income tax, National Insurance and VAT increasing, Reeves is exploring alternative measures to raise revenue. Business insiders reveal that…
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HydroGraph Announces Upsize of Private Placement to $3.2M
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Published on June 07, 2024 • 5 minute…
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Attis Aviation develops unique vertical take-off drone
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Israeli startup ATIS AviationGlobes, which was founded 30 months ago, is independently developing the ROC system for drones with a maximum weight of 150 kilograms for commercial and military use, sources told Globes. ROC aircraft have vertical landing and take-off (VTOL) capabilities and can carry payloads of up to 40…
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Vail Resorts shares target cut by Truist on revised EBITDA forecast By Investing.com
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On Friday, Truist Securities revised its outlook on Vail Resorts (NYSE:) stock, lowering its price target to $250 from $265 previously while maintaining a Buy rating on the stock. The review follows the company’s third-quarter results, which resulted in a change in the company’s forecast for the resort operator’s future…
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3 Dow Stocks That Are No-Brainer Buys in June
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On May 26, Icon Dow Jones Industrial Average (DJI: ^DJI) It celebrated its 128th birthday. Since its introduction in 1896, it has undergone more than fourteen changes and gone from a 12-stock index filled with industrial companies to one now represented by 30 time-tested, diversified multinational companies. In mid-May, Dow…
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Michigan tornado and Ohio and Maryland storms kill toddler and injure at least 13
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A tornado that struck suburban Detroit earlier this week toppled trees that blew off the roof of Abe Satta’s family home, sending water pouring down. Although they now had a giant crane removing trees from the house, they were lucky that no one was hurt. The tornado that destroyed Sata’s…
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CBK bags Sh12bn interest from loans to Treasury
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The Central Bank of Kenya (CBK) will receive a total benefit of Sh12.62 billion from emergency lending to the National Treasury in the financial year ending June 30, 2024, more than double original estimates after the policy rate hiked over the past 12 months. A report on Consolidated Fund Services…
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Labour to Make Mortgage Guarantee Scheme Permanent for First-Time Buyers
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Labor has announced plans to permanently extend the mortgage guarantee scheme, initially introduced by the Conservatives in 2021 under then-Chancellor Rishi Sunak, if they win the next general election. The scheme, designed to support low-deposit mortgages for first-time buyers, was recently extended until July next year by current chancellor Jeremy…
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Frightened Germans Turn to Anti-War Party Amid Wave of Political Violence
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Breadcrumb links BMN Business Sahira Wagenknecht founded her pro-Russian party in January, sapping support from the far-right Alternative for Germany (AfD) party. Article writer: Published on June 07, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an…
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Greylock and Sequoia to strengthen Israel operations
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Two major US venture capital firms are strengthening their operations in Israel, filling the void left by others such as Tiger Global and SoftBank that have significantly reduced their investments in Israeli startups. The first venture capital firm to return to Israel is Greylock, one of the largest firms in…
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3 catalysts could spark a 10% sell-off in the stock market this summer, according to JPMorgan
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Leonardo Munoz/VIEWpress/Corbis via Getty Images The S&P 500 could fall by 10% during the summer months to 4,800 points, according to JP Morgan. The bank highlighted three catalysts that could lead to a decline. May’s jobs report may change the bearish narrative in the stock market. A 10% sell-off is…
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New York power grid faces shortfalls as new clean energy supply lags, NYISO says (NYSE:ED)
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Gargolas/iStock via Getty Images Electrical grid in New York You will experience a shortage in supply If the rate of retirement of fossil fuel-fired power plants continues to outpace the addition of new clean energy supplies as demand rises, the New York Independent System Operator said Thursday in Annual reliability…