Investment

AUSTIN, Texas | Apple announces plan to build $1 billion campus in Texas

AUSTIN, Texas — Apple says it plans to build a $1 billion campus in Austin, Texas. The company released a statement early Thursday saying its plans also include establishing locations in Seattle, San Diego and Culver City, California, with more than 1,000 employees at each. The tech giant, which is based in Cupertino, California, says … Continue reading AUSTIN, Texas | Apple announces plan to build $1 billion campus in Texas

NEW YORK | Amazon touted as big win for NY, but math is more complex

NEW YORK — New York officials tout their deal to land a new Amazon headquarters as can’t-miss math. The city and state put up $2.8 billion in tax breaks and grants. In return, they get an economic engine expected to generate $27 billion in new tax money over a quarter-century. “This is a big moneymaker … Continue reading NEW YORK | Amazon touted as big win for NY, but math is more complex

MILAN | As GM cuts in US, Fiat Chrysler invests in Italian plants

MILAN — Fiat Chrysler Automobiles said Thursday that its plants in Italy would return to full employment with a 5 billion-euro ($5.7 billion) investment in new cars and engine technology, including a fully electric version of the 500 city car and a plug-in hybrid Alfa Romeo compact utility vehicle. In a plan that contrasts with … Continue reading MILAN | As GM cuts in US, Fiat Chrysler invests in Italian plants

JOHANNESBURG | South African president praises German investment

JOHANNESBURG  — South Africa‘s president says Germany is an important economic partner which he hopes will expand its investment here. President Cyril Ramaphosa was speaking Tuesday in Cape Town to mark the end of the three-day state visit of German President Frank-Walter Steinmeier. Ramaphosa said Germany is South Africa’s third-largest global trading partner and one … Continue reading JOHANNESBURG | South African president praises German investment

DETROIT | Cleveland Cavaliers owner selling Detroit casino in $1B deal

DETROIT — Businessman and Cleveland Cavaliers owner Dan Gilbert has reached a $1 billion agreement to sell the Greektown Casino-Hotel in downtown Detroit, one of the city’s three casinos, companies involved in the deal announced Wednesday. Gilbert’s Detroit-based JACK Entertainment said it planned to sell the casino to Pennsylvania-based Penn National Gaming and New York-based … Continue reading DETROIT | Cleveland Cavaliers owner selling Detroit casino in $1B deal

SHANGHAI | Import extravaganza highlights China’s promise, challenges

SHANGHAI — Visitors to a vast trade fair meant to rebrand China as a welcoming import market could sip Moroccan wine, ogle Italian yachts and watch a Japanese industrial robot play ping-pong. The communist government’s marketing extravaganza in Shanghai this week involved 3,600 companies from 152 countries. It showcases the promise and challenges of China’s … Continue reading SHANGHAI | Import extravaganza highlights China’s promise, challenges

BISMARCK, N.D. | Company gauges interest for boosting Dakota Access capacity

BISMARCK, N.D. — The developer of the Dakota Access pipeline is gauging shippers’ interest in a possible expansion of the volume of crude oil moved through the pipeline from 500,000 barrels to 570,000 barrels per day, despite ongoing tribal efforts to shut the pipeline down. Texas-based Energy Transfer Partners began seeking commitments from shippers to … Continue reading BISMARCK, N.D. | Company gauges interest for boosting Dakota Access capacity

Toys R Us … not dead yet

There may be a second act for Toys R Us, the retail wonderland for children that turned out the lights at hundreds of stores for what was thought to be the final time over the summer. After joining the parade of retailers that never recovered from the recession and radical changes in the way Americans … Continue reading Toys R Us … not dead yet

SPRING LAKE, N.C. | Florence sweeps away motel and family’s hard work, savings

SPRING LAKE, N.C. — When the floodwaters from Florence receded, half the Starlite Motel was gone. A ragged lip of concrete edged parking spaces with no corresponding rooms, just a void of standing water and debris. The surge swept away personal belongings of the owner’s family — even his father’s wheelchair. And it wiped out … Continue reading SPRING LAKE, N.C. | Florence sweeps away motel and family’s hard work, savings

BEIJING | China’s Xi pledges $60 billion in financing for Africa

BEIJING — Chinese President Xi Jinping on Monday pledged $60 billion in financing for projects in Africa in the form of assistance, investment and loans, as China furthers efforts to link the continent’s economic prospects to its own. Speaking to a gathering of African leaders in Beijing, Xi said the figure includes $15 billion in … Continue reading BEIJING | China’s Xi pledges $60 billion in financing for Africa

American IRA Urges Investors to ‘Be Quick’ With a Self-Directed Real Estate IRA

ASHEVILLE, N.C./ AUGUST 31, 2018 (STL.News) “Be quick.” That was one of the major pieces of advice from legendary baseball Ted Williams, who told younger players that the keys to his astounding success were simply to watch the ball and to be quick. Now, Jim Hitt of American IRA is applying that same urgency in … Continue reading American IRA Urges Investors to ‘Be Quick’ With a Self-Directed Real Estate IRA

JOHANNESBURG | UK PM Theresa May starts 3-nation African tour in Cape Town

JOHANNESBURG — British Prime Minister Theresa May has started a three-nation visit to Africa in Cape Town, where she is to meet South African President Cyril Ramaphosa. In an effort to strengthen Britain’s economic relations with Africa, ahead of the U.K.’s departure from the European Union in March 2019, May will be visiting three of … Continue reading JOHANNESBURG | UK PM Theresa May starts 3-nation African tour in Cape Town

TOKYO | Softbank earnings rise on investment fund gains

TOKYO  — Japanese technology company Softbank says its profits grew to 313.7 billion yen ($2.8 billion) in the latest quarter as it saw gains in its main investment fund. The results reported Monday represent a more than 50-fold increase in profits for the April to June quarter compared to the same period last year. Sales … Continue reading TOKYO | Softbank earnings rise on investment fund gains

Pre-Market Research Reports on REIT Stocks — Retail Opportunity Investments, Retail Properties of America, Ramco-Gershenson Properties Trust, and Simon Property

NEW YORK/ July 19, 2018 (STL.News) — If you want a free Stock Review on ROIC, RPAI, RPT, and SPG sign up now at https://stocktraderreport.com/registration/. On Wednesday, key US indices were mixed as the NASDAQ Composite finished the trading session down 0.01%; the Dow Jones Industrial Average edged 0.32% higher; and the S&P 500 was … Continue reading Pre-Market Research Reports on REIT Stocks — Retail Opportunity Investments, Retail Properties of America, Ramco-Gershenson Properties Trust, and Simon Property

Yardi Matrix: U.S. Multifamily Market Completes a Solid First Half

SANTA BARBARA, California/ July 17, 2018 (STL.News) — U.S. multifamily rents ended with a bang heading into the July Fourth holiday, with the average rent rising by $12 in June to an all-time high of $1,405, according to a survey of 127 markets by Yardi® Matrix. (Logo: https://mma.prnewswire.com/media/676064/Yardi_Logo.jpg ) Rents grew by 2.1% in the … Continue reading Yardi Matrix: U.S. Multifamily Market Completes a Solid First Half

Residential Roofing Materials: The North American Market

LONDON/ July 5, 2018 (Stl.News) — Report Scope Roofing materials are outer roof coverings that are used as a protective layer or support to shield structures from various natural elements. Depending upon the nature, supporting structure and application used, there is variation in roofing material types.   Download the full report: https://www.reportbuyer.com/product/157457   The types … Continue reading Residential Roofing Materials: The North American Market

Crypto Coin Goes Green as Orientum Ready to Launch

BANGKOK/ July 5, 2018 (STL.News) — Cryptocurrencies have caught the public’s appetite for a different route of investment, and now Orientum is taking this a step further, by aligning their coins to creating wealth from waste. The creators of Orientum — the new cryptocurrency due to be listed on public exchanges in the latter part … Continue reading Crypto Coin Goes Green as Orientum Ready to Launch

Pass the Baton….Please: Artificial Intelligence (AI) Platform to Revolutionize Commercial Real Estate Investment and Valuation

JACKSONVILLE, Fla./ July 5, 2018 (STL.News)– eVest Technology: Commercial real estate refuses to welcome modern technology. “Ancient”, analog laws have been deregulated and technology now offers opportunities one could only dream of 20 years ago. The JOBS Act of 2012 deregulated the general solicitation laws to allow for massive marketing of securities to accredited investors. … Continue reading Pass the Baton….Please: Artificial Intelligence (AI) Platform to Revolutionize Commercial Real Estate Investment and Valuation

How Investors Can Partner with a Real Estate Self-Directed IRA

CHARLOTTE, NC/ July 02, 2018 (STL.News) Using a Real Estate Self-Directed IRA can be an effective way for retirement investors to put aside money for the long term while building sizeable returns. But according to a recent post at American IRA, there are plenty of benefits for approaching real estate in a unique way: investors … Continue reading How Investors Can Partner with a Real Estate Self-Directed IRA

Single-Use Developers Face New Challenges in Today’s Increasingly Mixed-Use World, Write CREModels Executives

ST. PETERSBURG, Fla.,/ June 26, 2018 (STL.News) — Two veteran real estate executives from consultancy CREModels ask a provocative question in a new column for Commercial Property Executive: How can single-use developers of offices, shopping centers or multifamily properties prepare themselves for a mixed-use world?  The national trend toward mixed-use development is undeniable, write Mike … Continue reading Single-Use Developers Face New Challenges in Today’s Increasingly Mixed-Use World, Write CREModels Executives

How Property Can Be A Financial Investment

HILTON HEAD ISLAND, S.C. /JUNE 13, 2018 (STLRealEstate.News) –Multiple Listing Service of Hilton Head Island (HHIMLS) has the tools to help you invest in property. There are a lot of advantages to owning your own home, many of them financial. 1. Build Wealth Over Time – Homes typically increase in value, build equity, and provide … Continue reading How Property Can Be A Financial Investment

Millennials are Better Prepared for Retirement than Their Parents, J.D. Power Finds

COSTA MESA, Calif./ May 24, 2018 (STLRealEstate.News) — “Best prepared for retirement.” That’s not a superlative one might expect to describe Millennials,1 but according to the J.D. Power 2018 Group Retirement Satisfaction Study,SM released today, it’s true. Millennials are most likely of all demographic groups to have set specific retirement goals and have the highest … Continue reading Millennials are Better Prepared for Retirement than Their Parents, J.D. Power Finds

OMAHA, Neb. | Buffett says stocks remain best investment option for most

OMAHA, Neb.  — Billionaire Warren Buffett recommends that investors stick with simple stock index funds — not bonds and especially not bitcoins. Buffett discussed a variety of topics during an interview on CNBC Monday after he spent Saturday answering questions before thousands of Berkshire Hathaway shareholders. The chairman and CEO of Berkshire Hathaway said he … Continue reading OMAHA, Neb. | Buffett says stocks remain best investment option for most

10 Tips for a Better Retirement by the Retirement Industry Trust Association (RITA)

SARASOTA, FLA./APRIL 16, 2018 (STLRealEstate.News) — The Retirement Industry Trust Association (RITA) shares the top 10 Tips for a Better Retirement. 1. Plan for it This is obvious, but you will retire at some point, one way or the other. So you might as well make a plan, whether it setting up your estate for your … Continue reading 10 Tips for a Better Retirement by the Retirement Industry Trust Association (RITA)

Saudi Stock Exchange Joins FTSE Global Equity Index Series

WASHINGTON (STL.News) On Wednesday March 28, 2018, The Saudi Stock Exchange (Tadawul) was pleased to highlight the announcement by FTSE Russel noting that Tadawul will be classified as a “Secondary Emerging” market in the FTSE Global Equity Index Series, moving up from its previous status as “Unclassified”.  This decision followed a series of market enhancements … Continue reading Saudi Stock Exchange Joins FTSE Global Equity Index Series

With Market Uncertainty, Real Estate is the Best Investment

NEWPORT BEACH, Calif./ March 6, 2018 (STLRealEstate.News) — Millennial author of Dating Your Investments, Spencer Chambers, explains why real estate is a more secure investment than stocks, bitcoin, or other financial trends. Whenever the market takes a turn for the worse, investors begin to realize their investment portfolios are not nearly as robust as they … Continue reading With Market Uncertainty, Real Estate is the Best Investment

Will Trump plan help New Orleans’ crumbling infrastructure?

NEW ORLEANS/February 03, 2018(AP)(STL.News)— When a heavy rain hits New Orleans, residents move their cars to higher ground for fear of fast-rising street flooding. Knee-deep potholes can eat a car’s fender. When pressure drops in the city’s aging water delivery system, restaurants and cafes have to boil water to feed customers. Battered by nature and … Continue reading Will Trump plan help New Orleans’ crumbling infrastructure?

Associated Bank to invest in employees, communities

GREEN BAY, Wis./ Dec. 22, 2017 (STL.NEWS) — Associated Bank today announced plans to raise its minimum hourly wage from $10 to $15 per hour and to distribute a one-time bonus of $500 for all hourly, non-commissioned employees once tax reform legislation is signed into law. The pay increase and one-time bonus are expected to … Continue reading Associated Bank to invest in employees, communities

Governor Cooper Announces 639 New Manufacturing Jobs and $72.8M Investment

Three Companies Will Create Jobs in Burke, Iredell and Gaston Counties RALEIGH, NC/December 21, 2017 (STL.News) North Carolina will see 639 new jobs and more than $72.8 million in private investment from three economic development projects with manufacturing companies in Burke, Gaston and Iredell counties, Governor Roy Cooper announced today. “North Carolina’s strong workforce, robust … Continue reading Governor Cooper Announces 639 New Manufacturing Jobs and $72.8M Investment