August 21, 2025

Investment

Investment

AI returns have not yet justified investment mania

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A year ago, the generative AI mania sweeping through Silicon Valley and Wall Street faced a serious reality check. In a widely quoted note, Goldman Sachs’ head of equity research, Jim Covello, questioned whether the

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Investment

Former hotel worker accused of swindling coworkers out of $700K in investment scam

Local News The man allegedly used investor funds on shopping, travel, dining, and a soccer academy in Arizona. Massachusetts Secretary of State William Galvin. Michael Dwyer / AP, File A former hotel banquet worker allegedly swindled over $700,000 from his coworkers in a bogus investment scheme, using their funds as his own personal “piggy bank.”

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Investment

Diveroli Investment Group Launches with Mission to Uncover Deep Value Across Public and Private Markets

Written by diveroli investment group MIAMI, FL / ACCESS Newswire / June 26, 2025 / Diveroli Investment Group (DIG), a new strategic investment firm dedicated to unlocking value in overlooked opportunities within both the public and private markets, officially announced its launch today. The firm brings a research-intensive approach to public equities, private capital, and

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Investment

Micron’s $100 Billion New York investment moves forward with key environmental milestone

New York State officials announced a major milestone in Micron’s unprecedented $100 billion investment in Central New York: The public release of the Draft Environmental Impact Statement (DEIS). The 20,000-page report signals steady progress for what is poised to become the largest private investment in New York State history and one of the most transformative

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Investment

Virginia Beach appeals for state investment to support aging aquarium

The Virginia Aquarium, the third most visited attraction in Virginia, needs millions to extend its life by a decade, and officials are pushing for more investment. VIRGINIA BEACH, Va. — The third most visited attraction in Virginia is nearing 40 years old and needs millions of dollars in repairs to extend its useful life by

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Investment

Report: Johnson’s Palace investment – boost or risk?

Crystal Palace’s New Chapter: What Woody Johnson’s Arrival Means for the Eagles Ownership Shift Promises Stability Woody Johnson, owner of the New York Jets and former U.S. ambassador to the UK, is poised to become Crystal Palace’s largest shareholder after acquiring John Textor’s 43% stake in the club. As Matt Woosnam of The Athletic outlines,

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Investment

IEA Calls for More Investment in Ensuring Universal Energy Access

The world has made progress in increasing access to basic electricity, but developing nations need much more financial support to reach 666 million people in vulnerable and rural areas who lack access to energy, the International Energy Agency (IEA) said in a report on Wednesday. The report tracks the progress toward achieving the UN’s Sustainable

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Investment

Post Buys Northridge’s Candlewood Apartments for $51 Million

The Candlewood North apartment complex in Northridge has a new owner.  Beverly Hills-based Post Investment Group bought the 189-unit residential community at 9830 Reseda Boulevard for $51.1 million, the Los Angeles Times reported. The deal works out to $270,000 per unit. The seller, Waterton, bought the property in 2016 for $43.6 million.  The property spans

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Investment

Why ULIP is a Smart Investment Choice?

Unit-linked Insurance Plans (ULIPs) offer protection and growth opportunities for effective investment planning. These plans often help investors to protect their families by offering insurance protection and accumulating wealth by providing investment opportunities. The clear structure facilitates an easy understanding of these plans among the investors. Additionally, ULIPs offer flexibility, which can help in effective

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Investment

Investment firm PAG raises 3.1 billion yuan in first yuan-denominated buyout fund: sources

[HONG KONG] Asia-focused investment firm PAG has raised 3.1 billion yuan (S$553 million) at the first close of its inaugural yuan-denominated buyout fund, exceeding its target, two people with knowledge of the matter said, as it looks to deepen investments in China. The fundraising comes amid a slowdown in China’s dealmaking as economic headwinds and

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