Tag: investment

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Trump sells Washington hotel lease to investment group

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Former President Donald Trump has officially checked out of the Washington, DC, hotel business. The Trump Organization on Wednesday completed the sale of its luxury hotel lease on Pennsylvania Avenue to CGI Merchan...

Tax Foundation president warns Biden’s tax bill would do ‘serious’ economic harm, lead to ‘less investment’

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SCOTT HODGE: She [Jen Psaki] says, "Oh, I don't know how many people that [tax increase] would affect." Quite a few. We're talking about our privately owned car dealerships, small hotel chains, restaurant chains, suc...

Kevin Hart’s new media company gets $100 million private equity investment

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Stand-up comedian and Hollywood actor Kevin Hart on Tuesday launched a new media company called HARTBEAT, with a $ 100 million investment from private equity firm Abry Partners. Abry, which focuses on investments in...

Honda joins electric car race with $40 billion investment

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Hong Kong (CNN Business)Honda is joining the flurry of global automakers spending tens of billions of dollars to go electric. The Japanese company announced Tuesday that it would invest approximately 5 trillion yen (...

Greg Norman heads Saudi-backed investment for Asian Tour

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A majority of the funding for LIV Golf Investments comes from the Public Investment Fund, the investing arm of Saudi Arabia chaired by Crown Prince Mohammad bin Salman. Still to be determined is whether this was the ...

First on CNN: Biden administration ramps up investment in environmental justice

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The Environmental Protection Agency announced Wednesday an additional $ 50 million in funding to enhance air pollution monitoring and improve air quality in low-income communities and communities of color. The ann...

Fauci on hot mic calls Republican senator a ‘moron’ after question on investment disclosures

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"What a moron, Jesus Christ!" Fauci could be heard saying after being questioned by Republican Sen. Roger Marshall of Kansas about disclosing his investments to Congress which Fauci, the highest paid federal employee...

BlackRock, other investment firms ‘killing the dream’ of home ownership, journalist says

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According to a Wall Street Journal report, BlackRock – led by billionaire Laurence Fink – is purchasing entire neighborhoods and converting single-family homes into rentals; while in cities like Houston, investors li...

Biden’s ‘use it or lose it’ policy could discourage future investment: Energy expert

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KEVIN BOOK: When you buy a federal lease, you have a 10-year contract with the government. It is an option, not an obligation, to drill a well. You apply for a permit and get a permit, and you drill a well, you're pr...

After $1 billion investment, Google pledges to build a more ‘vibrant and dynamic’ digital ecosystem in Africa

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Africa has the lowest rate of internet connectivity of any region in the world. But that also means it has the highest potential for new growth. During the pandemic in 2020, nearly 20 million more Africans subscribe...

‘We hear you’: House Democrats’ campaign arm touts early investment in Black voter outreach

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The campaign arm of House Democrats is launching a new effort to reach Black voters ahead of the November midterm elections. Beginning in Virginia this week, the Democratic Congressional Campaign Committee will roll...