Category Archives:
Angelo Gordon-backed REIT in $300 million bid for Western Asset Mortgage
By Anirban Sen NEW YORK (Reuters) - AG Mortgage Investment Trust Inc, a real estate investment trust (REIT) managed by Angelo Gordon & Co, made a stock-and-cash offer on Thursday for Western Asset Mor...
Jul 13, 2023
Exclusive-Ivory Coast halts cocoa forward sales as rains hit production
By Ange Aboa ABOISSO, Ivory Coast (Reuters) - Ivory Coast has stopped selling contracts for cocoa exports for the 2023-2024 season after heavy rains battered and flooded farms in the world's top cocoa...
Jul 13, 2023
Chile miners, facing higher taxes, seek faster permits, lower energy costs
By Fabian Cambero SANTIAGO (Reuters) - Now that Chile has passed an increase in mining royalties, copper miners are pushing for incentives to keep investing in production of the metal needed for the r...
Jul 13, 2023
Open-source AI model creator Nomic raises $17 million led by Coatue
(Reuters) - AI startup Nomic has raised $17 million in a new funding round from investors led by Coatue, the companies told Reuters. The investment valued New York-based Nomic AI, a team of four at th...
Jul 13, 2023
Uninsured US patients pay up to $330 for Eli Lilly’s $25 insulin, Senator Warren says
By Patrick Wingrove (Reuters) - Americans without health insurance pay an average of $98 for Eli Lilly's generic insulin despite the company's May 1 pledge to cut its list price to $25 per vial, accor...
Jul 13, 2023
Stellantis to build new Jeep Compass as fifth model in Melfi – sources
MILAN (Reuters) - Stellantis will build the new Jeep Compass, one of the carmaker's bestsellers in Europe, as the fifth model for its Melfi plant in southern Italy, two sources close to the matter tol...
Jul 13, 2023
Police talk with people living on boat where dogs were found. Here’s what we know
PEORIA, Ill. (25 News) - Fon du Lac Park Police say they've spoken with the people living on the boat where seven dogs were found unattended July 5th. One of the dogs was dead and the remaining six we...
Jul 13, 2023
Hybrid-work trend may wipe out $800 billion from office property values by 2030 – McKinsey study
(Reuters) - A shift to remote working is likely to wipe off $800 billion from the value of office buildings in major global cities by 2030, according to a study published by consulting firm McKinsey o...
Jul 13, 2023
UK faces long-term debt surge risk but pressure growing now – budget office
By William Schomberg LONDON (Reuters) -Britain's public debt could surge to more than 300% of annual economic output by the 2070s, up from about 100% now, and the government is not taking measures to ...
Jul 13, 2023
Delta Air forecasts stronger earnings on post-pandemic travel boom
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines on Thursday lifted its full-year profit outlook after its second-quarter earnings topped Wall Street estimates on a relentless post-pandemic tr...
Jul 13, 2023
Peoria, IL, USA
37 °F Sunny
