In September of 2016, rapper Drake launched bourbon whiskey brand Virginia Black along with Brent Hocking, the entrepreneur behind DeLeón Tequila. Now Drake wants to take the brand public, but in a somewhat unconventional way: through crowdfunding. The brand plans to offer shares of the
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ERA Real Estate has expanded its North Carolina presence with a new affiliation, bringing its office count in the state to 14, the company recently announced. Raleigh, N.C.-based the Triangle Real Estate Group, led by broker/owner, founder and CEO Katherin Burnette, will now do business as ERA
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Bloomberg's Russo reports on China's decision to order bitcoin mining facilities to close, and the implications. Bitcoin mining, the computing process that makes transactions with the cryptocurrency possible, is about to become more expensive for some after China ordered mining facilities to close.
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The UK banking sector is at the beginning of a journey that has the potential to change how people bank and force them to offer more. Two separate, but closely linked, regulations are about to come into force. Both are designed to inject competition into the banking sector, through the use of technology
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The company could fetch about $2.5 billion in a sale, one of the people said, asking not to be identified as the details aren't public. No final decision has been made and the firms may choose not to proceed with a sale, the people said. Representatives for Goldman Sachs and Vestar didn't immediately
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Dropbox Inc., the file-sharing private company valued at $10 billion, has filed confidentially for a U.S. initial public offering, people familiar with the matter said. Goldman Sachs Group Inc. and JPMorgan Chase & Co. will lead the potential listing, according to the people, who asked not to be identified
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It's been a confusing week for anyone trying to assess Brexit's impact on London's banking jobs. First came the trading update from recruitment firm Michael Page, where revenues from placing staff into UK financial services roles rose 4% year-on-year last quarter Then came a statement from Jeremy
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It depends on your interest rate, but “on an average mortgage in America, you'll save over $44,000 in interest payments,” Bach tells CNBC Make It. To see just how much you can save by using a bi-weekly plan, plug in your own numbers on Bankrate's mortgage payment calculator. You may have to pay
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The deal is Windsor, Connecticut-based SS&C's latest in its quest to build out its financial software expertise that serves banks and the investment industry. It also gets an entry into the healthcare information technology market. Morgan Stanley, one of SS&C's financial advisers on the deal, said investors
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LendingPoint is a balance sheet lender serving the near prime segment. They have been around since 2015 and in a relatively short time they have established themselves as one of the leading players. They now have acquired LoanHero, a company operating in the point of sale space. LoanHero first
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The stock of MEDICLINIC INTERNATIONAL PLC ORD (OTCMKTS:ALNRF) registered a decrease of 7.11% in short interest. ALNRF's total short interest was 1.82M shares in January as published by FINRA. Its down 7.11% from 1.95 million shares, reported previously. It closed at $12.2853 lastly.
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Bloomberg News. The case by the Lower East Side People's Federal Credit Union is separate from the one brought by CFPB Deputy Director Leandra English which also protests Mulvaney's appointment. U.S. District Judge Timothy J. Kelly ruled Wednesday against English's request for an injunction
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Canada's economy isn't at major risk even if Donald Trump follows through on threats to withdraw from Nafta, said the heads of two of the country's largest asset managers. Michael Sabia of Caisse de Depot et Placement du Quebec and Bruce Flatt of Brookfield Asset Management Inc. speaking
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Sales of luxury homes selling for $2 million and higher in Westchester County hit a 10-year high in 2017 with 357 high-end homes sold, according to Houlihan Lawrence. The real estate firm released its Luxury Market Report Wednesday. Two markets â Scarsdale and Rye City â accounted for about 43
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Banks are ascendant in Washington, scoring major wins and enjoying the support of a friendly White House a decade after the financial crisis. The banks are reeling in record profits, thanks to the growing economy and the booming stock market, the just-passed Republican tax-overhaul bill has slashed
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Currently, ABB, a global technology company and leader in electrification, robotics and motion, has the largest number of installed base fast-charging stations for EVs around the world. Its expertise in electrification and leadership in electric vehicle charging solutions are unrivalled, making the company
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A study published in the journal Alcoholism: Clinical and Experimental Research suggests that alcohol-related trips to the emergency room are increasing, with 61% more people visiting the ER in 2014 due to drinking than did in 2006. The reason for the increase is unclear, NPR reports. The study's
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17, giving a tax break to people profiting from certain kinds of real estate salesâlike Donald Trump. The US president had long insisted that his bill would cost him âa fortune,â but this addition clearly helps rich people in his industry. It gives a 20% windfall to pass-through businesses like LLCs which
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At the Dec. 14 meeting, the ECB council left benchmark interest rates and its stimulus program unchanged. The bank had said in October it would continue its bond-buying stimulus at a reduced rate of 30 billion euros ($36 billion) per month at least through September, leaving the exact end date unclear.
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Will Truskowski is the lead paralegal for Nixon Peabody's growing cooperative and condominium practice area within the Real Estate and Affordable Housing Practice Groups. He has more than 15 years of experience in the area of cooperative and condominium law, with an emphasis on developer
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