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Author: Kou Gui QinNEW YORK (Reuters) – Saudi Arabian real estate developer Dar Global is seeking partners to develop luxury homes in the United States and plans to invest $300 million in New York, Miami and Los Angeles in the coming months.London Stock Exchange-listed Dar Global hopes to announce its latest U.S. development plans by the end of the year, said Dar Global Chief Executive Ziad El Chaar, who said Dar Global is meeting with major real estate developers but declined to name any potential partners.”We are focused on completing our first project in the U.S. by the end of…

One motivation is blockInvestment Bitcoin It’s about learning about technology and how to use it. The company plans to invest 10% of gross profits from its Bitcoin products into buying Bitcoin each month, allocate less than 3% of its resources to Bitcoin-related projects, and use Bitcoin as its own cryptocurrency. Own Balance Sheet, Bloomberg report Thursday (June 27th). “It helps us understand what it means to store bitcoin and what it means for treasury teams who are buying bitcoin on the market.” Amrita Ahuja”We’re not going to take any chances,” Block’s chief financial and chief operating officer told Bloomberg Television…

The onus is on President Biden, rather than Donald Trump, to perform well in Thursday night’s first presidential debate, as Biden appears to be narrowly trailing Trump in the 2024 election. And given Biden’s age and concerns about his mental health, proving he can handle a second term will likely be his first order of business.But the job is also to convince Americans of a case that has not been made effectively so far: that Trump is too extreme, and that, whatever reservations Americans may have about Biden, re-election to the White House poses a huge risk.There’s plenty of material…

The Personal Consumption Expenditures Price Index, an inflation report closely watched by the Federal Reserve, was released on May 31 for April, sparking a new market rally in June, propelling major indexes to record highs. As traders prepare for the May PCE Price Index report, scheduled for release at 8:30 a.m. ET on Friday, many are wondering whether new favorable inflation data will bring bulls back to Wall Street after the mixed performance in recent sessions. May PCE Report: What Do Economists Expect? The PCE price index is expected to fall to 2.6% year-over-year in May from 2.7% in April,…

A few years ago, Chief Justice John G. Roberts Jr. defended the Supreme Court’s work. The court’s conservative majority had been 2-1 for more than a year, and Roberts sought to counter the notion that its decisions were driven by political ideology.”We don’t want the political branch to dictate the law,” he said in an interview, “and we don’t want public opinion to guide us in terms of appropriate decisions.”That was in September 2022. In June 2024, 7 in 10 Americans believe the Supreme Court tries to shape the law to suit the ideology of its justices.That’s one of the…

A carbon monoxide buildup at a New Albany store sent multiple people to the hospital Thursday afternoon. City of New Albany officials said multiple agencies responded to reports of a buildup at Ace Hardware on Charlestown Road. Eight people were taken to nearby hospitals, but officials did not say their condition. Eleven other people were treated at the scene. Fire officials said a propane gas leak inside the store caused high carbon monoxide levels, which they said was caused by machinery that had been running overnight. Crews installed fans and other equipment to remove the propane gas and carbon monoxide…

The U.S. government supports innovative businesses by providing tax incentives each year through the R&D Tax Credit program to help businesses develop new technologies, products, or methods, and improve existing technologies, products, or methods. Now, startups can benefit too: a new law coming into force in 2023 will allow startups to save employees up to $500,000 a year in taxes, which is great for companies involved in research and innovation. The program is designed to reward companies that try new ideas. It’s not just for big tech companies; small businesses working on cool projects can also get help. This funding…

Ocean Power Technologies (NYSE American: OPTT) has signed an OEM agreement with Teledyne Marine, a division of Teledyne Technologies (NYSE: TDY). The strategic partnership is intended to strengthen OPT’s product portfolio and drive innovation in marine technology. The collaboration will leverage Teledyne’s advanced marine technologies, including connectors, instruments and vehicles, to deliver superior sensor and marine technology products. OPT CEO Philip Stratman believes the partnership will accelerate the company’s growth and generate new revenue streams. Teledyne Marine SVP William Egan highlighted that the partnership is aligned with the company’s goal of expanding operational capabilities through…

Singer, songwriter, provocateur and politician Kinky Friedman dies at age 79AUSTIN, Texas (AP) — Kinky Friedman, the singer, songwriter, satirist and novelist who also ran for governor and was involved in Texas politics, has died. Friedman, 79, died Thursday at his family’s ranch near San Antonio, Texas, his close friend Kent Perkins told The Associated Press. Perkins said Friedman had been suffering from Parkinson’s disease for several years. Friedman led an alt-country band, the Texas Jewboys, toured with Bob Dylan and sang with Willie Nelson, building a devoted following that spanned musical and literary genres.Joey Chestnut heads to an event…

The second annual Innovation Week has left its mark on Andrews University, honoring creativity, ingenuity and entrepreneurship. From April 1–5, 2024, the campus was alive with a variety of engaging events and activities. The theme for the week was “High-Value Relationships,” referencing the biblical model of lasting relationships and highlighting the importance of collaboration and networking throughout the innovative process. The return of Innovation Week also brought back the Andrews University Pitch Competition.  The week featured keynote speaker Pierre Quinn, CEO of The Cardell Group. An alumnus of Andrews University with degrees in communication and theology, Quinn is also the…