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Bloomberg News
Wealthy investors are buying warehouses and investing in ancillary marijuana businesses, while banks are unwilling to lend to the industry because it is still federally illegal.
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Bloomberg News
The assets of Russia’s richest businessmen sit vulnerable in European subsidiaries, but freezing them requires help from countries that usually protect investors against foreign laws.
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Bloomberg News
The University of Notre Dame received a gift of $75 million from trustee John W. “Jay” Jordan, the largest single donation in the school’s history.
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Bloomberg News
New Jersey’s Trump National Golf Club, a course owned by real estate developer Donald Trump, will host the 2022 PGA Championship.
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Bloomberg News
KKR & Co., the private-equity firm run by billionaires Henry Kravis and George Roberts, is teaming up with Altegris to create an investment vehicle designed to attract smaller investors.
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Bloomberg News
The SEC issued an order staying the effective date of the portion of its conflict minerals reporting requirement that a U.S. appeals court said would violate companies’ free-speech rights.
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Bloomberg News
While U.S. boards have curtailed company-paid perks like hunting lodges and golf club memberships, CEOs are cranking up personal use of corporate jets.
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Bloomberg News
Safra Group’s Swiss unit agreed to buy Morgan Stanley’s private banking business in Switzerland, adding to the exodus of foreign banks from the country since it gave ground on its bank secrecy...
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Bloomberg News
The city's poor live on $11 a day while the real estate boom widens the wealth gap.
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Bloomberg News
Million-dollar homes in the U.S. are selling at double their historical average while middle-class property demand stumbles, showing that the housing recovery is mirroring America’s wealth divide.
