AvatarNick LutesFlipboardIcon version of the Flipboard logo1 day ago'This is the stuff that doesn’t show up in headlines': This real estate expert has 10,000 tenants across America — here's what they're telling him about the US economymoneywise.com - Vishesh RaisinghaniRenters are reacting to inflation in different ways. With over 10,000 tenants, real estate investor Ken McElroy has a unique insight into the …
AvatarNick LutesAvatarAvatar1 day agoUBS is cutting costs with an $8 billion asset sale to Apolloverified_publisherQuartz - Rocio FabbroUBS Group offloaded $8 billion worth of assets to Apollo Global Management, in an effort to pare down its non-essential offerings. The Swiss bank said Wednesday that it entered into an agreement with the U.S.-based asset management giant to sell $8 billion of “senior secured financing facilities,” …
AvatarNick LutesAvatarAvatar3 days agoHospitality workers ratify new contract with 34 Southern California hotels, press 30 others to signAssociated Press - By JOHN ANTCZAKLOS ANGELES (AP) — Thousands of Southern California hospitality workers overwhelmingly ratified a new contract with 34 hotels after repeated strikes since the summer, their union announced Monday. Workers won higher pay, increased employer contributions to pensions, and fair workload guarantees …
AvatarNick LutesAvatarAvatar4 days agoLinda Bean, entrepreneur, GOP activist and granddaughter of LL Bean, has diedNBC4 Washington - By Gene Johnson | Associated PressLinda L. Bean, a granddaughter of famed outdoor retailer L.L. Bean who became an entrepreneur, philanthropist and conservative activist, has died at …
AvatarNick LutesAvatarAvatarApple sued in a landmark antitrust lawsuitverified_publisherCNNWashington CNN — The US Justice Department and more than a dozen states filed a blockbuster antitrust lawsuit against Apple on Thursday, accusing the giant company of illegally monopolizing the smartphone market. It’s the largest in a recent string of Big Tech companies to face antitrust complaints …
AvatarNick LutesAvatarAvatarDeSantis signs bill banning unhoused people from sleeping in public spacesAxios - Martin VassoloA new homelessness law in Florida seeks to move unhoused individuals off public property and into shelters or government encampments. Why it matters: …
AvatarNick LutesFlipboardIcon version of the Flipboard logoWealth of US Billionaires Hits $5.5 Trillion—Up 88% Since Pandemic Hitcommondreams.org - Chuck CollinsFour years ago, the United States entered the Covid-19 pandemic. Forbes published its 34th annual billionaire survey shortly after with data keyed to …
AvatarNick LutesFlipboardIcon version of the Flipboard logoHow Capitalism Became a Threat to Democracyproject-syndicate.org - Mordecai KurzSince the 1980s, American capitalism has been transformed into a winner-takes-all economy in which one or a few technologically dominant firms …
AvatarNick LutesFlipboardIcon version of the Flipboard logoSo why are America's mega-rich including Jeff Bezos and Mark Zuckerberg off-loading billions of...dailymail.co.uk - Paul FarrellThe mystery of the billions of dollars worth of stock sold by some of the wealthiest in the world despite the market continuing at an all time high …
AvatarNick LutesAvatarAvatarAramco announces $121 billion profit in 2023, Saudi oil giant’s 2nd highest on recordPBS NewsHour - Jon Gambrell, Associated PressDUBAI, United Arab Emirates (AP) — Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year, down from its 2022 record due …
AvatarNick LutesFlipboardIcon version of the Flipboard logoTrump’s tax cut came up very short of promised benefitsdailykos.com - by Mark Sumner for Daily KosWhen Donald Trump came into office, he did so in an election that also gave Republicans a four-seat edge in the Senate and a whopping 47-seat …
AvatarNick LutesAvatarAvatarJeff Bezos is once again the world's richest person thanks to the Big Tech rallyverified_publisherBusiness Insider - Huileng TanIt's been more than two years since Amazon founder Jeff Bezos was the world's richest person, but he's now back in the lead again. As of Tuesday, Bezos is the world's wealthiest man, with a net worth of $200 billion, according to the Bloomberg Billionaires Index. Bezos reclaimed the top spot after a …