According to Bloomberg, a whopping 40% of department stores have closed over the past five years. Let's look at how some creative developers are repurposing vacant department store spaces right now and how real estate investors can benefit. When vacated real estate is in good shape, repurposing it rather than demolishing it and building from scratch is usually a win, both financially and environmentally.
U.S. Silica has agreed to go private in an all-cash acquisition by Apollo Global Management that values the industrial minerals company at about $1.85 billion. In a Friday announcement, U.S. Silica said that shareholders would receive $15.50 in cash for each share owned as of the deal's closing. Once the deal closes, U.S. Silica's stock will no longer be listed on the New York Stock Exchange.
Civil servants at Britain’s official statistics body have refused to be “forced back” into the office for two days a week.
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Mr Yousaf has said he will fight a vote of no confidence.
Rockies playing in Mexico City this weekend
“Divest from death” read the bubble letters written in chalk on the sidewalk on Tuesday outside of The New School in New York City. The slogan articulates one of the demands of the antiwar protests on campuses which call on colleges or universities to divest their endowments from companies profiting from the Israel-Hamas war. Campaigns to pressure universities to divest for political or ethical reasons go back decades, at least to the 1970s when students pressured schools to withdraw from invest
Wacom's latest pen display model is called Movink, and it's the company's first with a OLED screen. It's also Wacom's thinnest and lightest option ever, while still offering 13 inches of work space.
Net Income Surges by 78.2% Amid Strong Investment Banking and Wealth Management Performance
The U.S. Treasury 10-year term premium, a measure of the compensation investors demand for holding long-term government bonds, has moved back into positive territory this week as yields touched fresh highs on inflation concerns. Term premiums, which can hurt assets such as stocks when they rise, have been suppressed for about a decade amid low interest rates that followed the 2007-2009 global financial crisis and the COVID-19 pandemic. They turned positive last year as widening fiscal deficits and higher government bond issuance helped lift long-term Treasury yields, which move inversely to prices.
* Brazil's inflation slows to 0.21% in mid-April vs est 0.29% * Brazil's cenbank chief points to US interest rates as major beacon * S&P Global Ratings cuts Peru's rating * Latin American stocks jump 1.5%, FX adds 0.8% By Bansari Mayur Kamdar April 26 (Reuters) - Currencies and stocks in Latin America rose on Friday, setting both indexes on track for weekly gains, tracking upbeat risk sentiment globally as Wall Street rallied on robust earnings reports. The MSCI index for Latin American currencies gained 0.8% and was on track to end the turbulent week 1.4% higher following steep losses earlier in the month when investors walked away from riskier assets due to uncertainties from heightened tensions in the Middle East.
Marcus Rashford has hit out at the abuse he has suffered this season and said “enough is enough”.
David Moyes offers positive forecast for return of Hammers winger
Following an impressive award season run, the actress widely known as Emma Stone, who recently won her second Oscar, is revealing Emma is just a stage name.
The temporary change is promoting a brand new Channel 4 series
As politicians gather at Haiti's National Palace for the swearing in of a new transitional council, sporadic gunfire can be heard nearby. .
It's been a tame pullback so far for Amazon stock ahead of earnings, but the same can't be said for Super Micro Computer.
Low-income Energy Assistance Program (LEAP) deadline is Tuesday
Darktrace’s three year stay on the London stock market is set to end after the cybersecurity firm backed a £4 billion takeover by a US private equity firm. The developments came as mining giant Anglo American said it had rejected BHP’s “opportunistic” £31 billion bid approach.
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