Billionaire Richard Branson said his space travel company Virgin Galactic “should” have “sufficient funds” without his investment Saturday. “We don’t have the deepest pockets after Covid, and Virgin Galactic has got $1bn, or nearly. It should, I believe, have sufficient funds to do its job on its own,” Branson told the Financial Times. Branson has
On the heels of Mark Cuban’s unexpected sale of the Mavericks, it was only fitting that record turnout of sports industry execs packed the ballroom at Salamander D.C this past week for SBJ’s Dealmakers conference. Attendees heard two days of programing shaped around franchise valuations, media trends and the impact capital investment is having
WDI’s pilot light initiative helped to increase the holiday decor downtown but some businesses at the sound end of the Riverwalk were disappointed they did not extend farther. (Port City Daily/Shea Carver) WILMINGTON — “If you’re not on Front Street, you might as well be invisible.” That’s the sentiment Courtney Osgood, co-owner of Sauce’d on
At the Fortune Global Forum Nov. 27–29 in Abu Dhabi, I had a chance to talk with Jenny Johnson, the president and CEO of Franklin Templeton, which has grown from a small brokerage founded in 1947 to a global giant that now manages over $1.3 trillion. Among the top financial firms, Franklin Templeton has been
In the world of finance and wealth-building, the age-old adage “don’t put all your eggs in one basket” holds true as a timeless wisdom. Diversification of your investment portfolio is a strategy that can help you weather the storms of market volatility, reduce risk, and potentially enhance your returns over the long haul. In this
BETA Technologies is expanding its footprint in the North Country with the announcement of a new $41 million addition to its facility at the Plattsburgh International Airport.The electric aerospace company said it will develop a new, upgraded facility to serve as the manufacturing and final assembly hub for its all-electric aircraft.The company will also use
SACRAMENTO, CA – Today, the California Arts Council (CAC) announced 856 grant awards totaling more than $32.75 million in overall projected investments for operational and project support to nonprofit organizations and units of government throughout the state of California. Organizations were awarded grants across six different program areas designed to benefit the whole of California’s arts
Watch out tech stocks. Real estate finished November as the second best performing group in the S&P 500 Index. The sector added 12%, nipping at the heels of tech’s 13% gain. The momentum was fueled by—as with most everything right now—bets the US Federal Reserve is not only done raising rates, but will begin cutting
Story Links SCOTTSDALE, AZ (December 1, 2023) – In partnership with Blue Cross Blue Shield of Arizona and Boys & Girls Clubs of Greater Scottsdale (BGCS), Fiesta Bowl Charities celebrated the opening of a newly-renovated Community Resource Room at the Peach Springs branch of BGCS. The Community Resource Room fosters a
One of the best-performing investment themes of 2023 has been artificial intelligence. From AI chatbots and search features to AI enterprise optimization software to generative AI applications that can create digital art, literature, movies and other media, the world seems to have AI fever. Wall Street is taking notice in a major way, and analysts