There are a lot of reasons to like Prologis (NYSE: PLD), the world's largest owner of distribution warehouses. Many of those same reasons apply to one of its much smaller competitors, Terreno Realty (NYSE: TRNO). Both make their living on logistics, profiting from consistent, growing demand for warehouse space from business-to-business and business-to-consumer shippers.
A handful of mega-rich donors have emerged as key backers of Republican presidential candidate Donald Trump, collectively donating more than $50 million to support his candidacy against Democratic incumbent Joe Biden. With Trump's small dollar donations slowing and some major Republican benefactors snubbing him, a clutch of prominent wealthy Americans have become crucial to bankrolling his candidacy. Timothy Mellon, an 81-year-old heir of the Pittsburgh-based Mellon banking family, has given the pro-Trump super PAC known as MAGA Inc at least $16.5 million since 2022.
Egypt sent a high-level delegation to Israel on Friday with the hope of brokering a cease-fire agreement with Hamas in Gaza, two officials said. At the same time, it warned that a possible Israeli offensive focused on Gaza's city of Rafah on the border with Egypt could have catastrophic consequences to regional stability. Egypt's top intelligence official, Abbas Kamel, is leading the delegation and plans to discuss with Israel a “new vision” for a prolonged cease-fire in Gaza, an Egyptian official said, speaking on condition of anonymity to discuss the mission freely.
Donald Trump got another break when the U.S. Supreme Court signaled some support for his immunity claim, even as more of his allies faced prosecution for the former president's attempts to overturn his 2020 election loss. Trump, seeking to regain the presidency this year, has managed to delay three of the four criminal cases against him. At the same time, the legal peril has ramped up for Trump associates and supporters who stand accused of aiding his attempt to hold onto power after his defeat.
Alphabet jumped 11.5% in premarket trading after the Google-parent announced its first-ever dividend, a $70 billion stock buyback and beat estimates for first-quarter results. Lifting sentiment further, Microsoft gained 4% on beating Wall Street estimates for third-quarter revenue and profit, driven by gains from AI adoption across its cloud services. Other growth stocks also rose on the results, with Amazon.com and Nvidia up 3.1% and 1.3%, respectively.
Former band member John Lodge announced that Pinder died on Wednesday.
U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. The goal: to rake in hefty profit margins the automaker can’t get in China amid fierce competition. In some foreign showrooms, BYD charges more than double — sometimes nearly triple — the price it gets for three key models in China, according to a Reuters review of the automaker’s pricing in five of its biggest export markets.
The unprecedented run on quarterbacks, wide receivers and pass protectors in the NFL draft 's opening round pushed plenty of studly defenders down the board and allowed some of the top teams to select players who normally wouldn't fall to them. It also shoved plenty of first-round worthy defenders into the second round Friday, led by Cooper DeJean, the Iowa cornerback who broke his lower leg in November but has been cleared to return to football activities. DeJean is one of the best ballhawks in
Q1 2024 Southwest Airlines Co Earnings Call
Zuckerberg's track record of making money only after achieving a kind of critical mass is a harder sell for AI.
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As the boss of PC Music, the godfather of hyperpop confounded critics but won over Beyoncé and Charli XCX. Now, with a supersized new solo album, he’s continuing his mission to make pop more unpredictable
Raid the garden centre for established plants – or better yet, sow your own into trays or pots for a riot of colour by summer
England legend Maggie Alphonsi believes investment in grassroots rugby is the future of the women’s game ahead of the inaugural women's Lions Tour
U.S. stock index futures advanced on Friday as megacap growth shares rebounded on the back of robust quarterly results from Alphabet and Microsoft, while investors awaited a key inflation print that could help shape U.S. monetary policy. Alphabet jumped 11.5% in premarket trading after the Google-parent announced its first-ever dividend, a $70 billion stock buyback and beat estimates for first-quarter results.
South Korean police said Friday they searched the office of the hard-line incoming leader of an association of doctors and confiscated his mobile phone as he faces accusations that he incited the protracted walkouts by thousands of medical interns and residents. The office of Lim Hyun-taek, who is to be inaugurated as head of the Korean Medical Association next week, called the raid politically motivated and questioned whether the government is sincere about its offer for dialogue to end the strikes. Police said they sent officers to Lim's office in Seoul and residence in the southern city of Asan on Friday to confiscate his mobile phone and other unspecified materials.
Canadian curling champion Brad Gushue first struck up a friendship with Bob Cole some 20 years ago during the NHL lockout. The legendary broadcaster — an elite curler himself in his younger days — would often watch the up-and-coming skip throw stones at the local club in their hometown of St. John's, N.L. "At times during my career, I'd talk to him about how things were going," Gushue said. "The one thing with Bob, he was always very honest with me and very direct. He gave me some good advice."
Here is where home prices in South Carolina will rise the most into 2025 — and by how much, according to Zillow.
The budget proviso was debated on the Senate floor Wednesday
Can you marry your cousin in South Carolina? Here’s what the law says.
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