August 20, 2025

Investment

Investment

Detroit investment fund owner sentenced in $39M wire fraud scheme

Over $39 million was involved in a scheme that resulted in a federal conviction against a Detroit investment fund owner, the U.S. Attorney’s Office for the Eastern District of Michigan reported.  Andrew H. Middlebrooks has been sentenced to 100 months in federal prison after pleading guilty to charges of wire fraud in the case, according

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Investment

Over objections, Ill. Gov. JB Pritzker vetoes nonprofit investment bill, citing extremism concerns

A recent veto from Gov. JB Pritzker puts him at odds with nonprofits, labor unions and some state Democrats who say he blocked what would have been an advantageous investment option at a time when the organizations are feeling tightening pressure from Washington. The governor issued a veto late Friday on a three-page bill that

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Investment

Gov. JB Pritzker vetoes nonprofit investment bill over objections

A recent veto from Gov. JB Pritzker puts him at odds with nonprofits, labor unions and some state Democrats who say he blocked what would have been an advantageous investment option at a time when the organizations are feeling tightening pressure from Washington. The governor issued a veto late Friday on a three-page bill that

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Investment

SoftBank Group and Intel Corporation Sign $2B Investment Agreement

TOKYO & SANTA CLARA, Calif., August 18, 2025–(BUSINESS WIRE)–SoftBank Group Corp. (TOKYO: 9984, “SoftBank”) and Intel Corporation (Nasdaq: INTC) today announced their signing of a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. The investment comes as both Intel and SoftBank deepen their commitment to investing

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Investment

Cherry Creek’s Clayton hotel controlled by Halcyon ownership

A Cherry Creek hotel and social club is now owned by a firm that had lent money to it and that already has another hotel in the neighborhood. The Clayton Hotel & Members Club at 233 Clayton St., which operates under a 99-year ground lease struck in 2017, was transferred earlier this month to an LLC

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Investment

HHM Wealth Advisors Announces Promotion Of Josh Cropp To Chief Investment Officer

Josh Cropp HHM Wealth Advisors announced the promotion of Josh Cropp to Chief Investment Officer. In this role, Mr. Cropp will lead the firm’s investment strategy, chair the investment committee, and oversee portfolio construction and trading. With more than a decade of experience in the wealth management industry, Mr. Cropp joined HHM Wealth

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Investment

Global investment advisory firms give thumbs up to GST reform proposals

According to HSBC, reduction in GST may positively impact auto demand, though OEM-wise impact may vary | Photo Credit: VELANKANNI RAJ B Global investment advisory firms have welcomed the proposed GST reform. In his Independence Day address, Prime Minister Narendra Modi had announced the proposal to reform. The Centre is expected to implement the GST

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Investment

Chipotle Mexican Grill and CAVA

Chicago, IL – August 18, 2025 – Today, Zacks Investment Ideas feature highlights Chipotle Mexican Grill CMG and CAVA Group CAVA. A notable restaurant duo, Chipotle Mexican Grill and CAVA Group, both faced pressure following the release of their quarterly results, adding fuel to the already-poor share performance from each in 2025. With both stocks

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Investment

Majodina welcomes $10bn commitments from AU water investment summit

Water and Sanitation Minister Pemmy Majodina has welcomed the commitments secured at the inaugural African Union–Africa Water Investment Programme (AIP) Water Investment Summit, expressing confidence that more will be achieved in tackling Africa’s water challenges. The Minister announced on Monday that the three-day summit, held in Cape Town from 13–15 August, under the banner of

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Investment

Investment opportunities in Indonesia’s growing logistics sector – Economy

ndonesia’s logistics industry presents significant investment opportunities, driven by robust demand growth and transformative market trends. According to a new study by Boston Consulting Group (BCG), the logistics sector in Indonesia is forecast to grow at a compounded annual growth rate (CAGR) of between 6 percent and 8 percent until 2030. This expansion is driven

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