CINCINNATI — The ink isn’t even dry on Ohio’s next two-year budget, but it’s already drawing threats of a lawsuit aimed at blocking the use of unclaimed funds to pay for stadium projects. Former Ohio Attorney General Marc Dann held a press conference in Columbus Wednesday morning to announce a complaint he plans to file
SAN DIEGO (CNS) – Several parks across the city will receive a boost for projects, following the San Diego City Council allocating nearly $7.9 million from a settlement with SeaWorld Tuesday. The settlement stems from a dispute between the city and theme park over unpaid lease payments dating back to 2020. A total of 11
In volatile markets, it’s often the creative investors — not just the conservative ones — who stay ahead. Real estate is no exception. While many investors are sitting on the sidelines waiting for clarity, others are gaining exposure through lesser-known vehicles, such as bridge funds — investment strategies that lend short-term capital to real estate
Amol Joshi, Founder of PlanRupee Investment Services, explains that the recommendation of a mutual fund scheme goes beyond just performance metrics or the size of the fund house. “Mutual fund schemes are recommended based on the suitability of a scheme in the portfolio of our investor and not the size of the AMC. Having said
CLEVELAND — Ohio lawmakers are forging ahead on a plan to use unclaimed funds to provide a $600 million grant for a new Cleveland Browns stadium in Brook Park. The proposal survived compromise talks to make it into the final draft of the state’s two-year budget bill, said Rep. Brian Stewart, an Ashville Republican who
The ousted former CEO of the company that owned Miami Seaquarium concocted a “scheme” to divert sales revenue into a separate company contrary to a U.S. bankruptcy judge’s order, a court filing alleges. The allegations against Eduardo Albor were contained in a status report filed Monday with U.S.Bankruptcy Judge Laurie Selber Silverstein and were made
The raises are part of the fiscal budget year that starts July 1 Rutherford County Commission boosts public safety pay by at least 8% Rutherford County Commission Chairman Jeff Phillips talks about decision to boost public safety pay by at least 8%. All Rutherford government employees will see their pay tables increase by at least
India’s asset management industry has taken a significant step forward with the launch of Specialised Investment Funds (SIFs), a new category that aims to combine the flexibility of PMS and AIFs with the structural familiarity and comfort of mutual funds. Speaking to CNBC-TV18, Radhika Gupta, MD & CEO of Edelweiss Asset Management, described the launch
Kaynes Technology India Ltd on Tuesday announced the successful closure of its Qualified Institutions Placement (QIP), raising funds through the issue of 28.73 lakh equity shares at ₹5,569.50 per share. The issue price reflects a 1% discount to the QIP floor price of ₹5,625.75, as determined under SEBI regulations. The QIP opened on June 19
NAPERVILLE, Illinois, June 23 (Reuters) – Like a broken record, speculators continued selling Chicago corn last week. Their bearish corn stance is now almost identical to their year-ago one, which preceded the all-time net short set in early July. There are some notable differences between the two years, however. Sign up here. The latest Commitments