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By Jennifer Nash
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which it bases its decisions. This committee statement is about
Key Points SoftBank’s latest 13F shows 86,956,522 Intel shares at both March 31 and June 30 — the position’s value rose from $3.8 billion to $12.1 billion on Intel’s stock price alone. Intel was 67% of SoftBank’s $18.2 billion in disclosed U.S.-listed holdings at the end of June, up from about a third of the…
With summer coming to a close and fall fast approaching, it’s time to revel in the cool breezes, changing leaves, and magnificent colors of the season. This transitional season, marked by shorter days and crisper temperatures, evokes cozy images of foggy mornings and warm drinks enjoyed by a wood-burning fireplace. Whether you’re in the market…
Avidia Bancorp stockholders elect directors and approve incentive plan at annual meeting
Filmmaker Rakesh Roshan has leased out two commercial units in Mumbai’s Andheri West to BeingU Studios Pvt Ltd, a company associated with the Roshan family, for an initial monthly rent of ₹7.3 lakh, according to property documents accessed by CRE Matrix. The 5,574-sq-ft commercial premises, comprising two units on the fourth floor of Commerce…
A Boston development firm’s plan for a multifamily project in suburban Boston is proving dino-mite. Dinosaur Capital Partners has landed $48 million of construction financing to build a multifamily property in Lexington, Mass., Commercial Observer has learned. SEE ALSO: Apollo, BDT & MSD Partners Provide $197M to Build Naples Luxury Condos Affinius Capital and Axonic…
Key insight: Peer-to-peer payment apps have transformed into all-in-one payment hubs and are now the preferred method for cross-border transactions. What’s at stake: Because consumers are leaving their funds stored within these nonbank applications, banks are facing fragmented deposit distribution and diluted customer capture. Processing Content Peer-to-peer (P2P) payment app platforms are transforming cross-border payments by…