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CalSTRS backs new activist hedge fund Impactive with $250 millionThe California State Teachers' Retirement System (CalSTRS), the second larg...
Source: Reuters - 🏆 2. / 97 Read more »
How one person turned a $250 Super Bowl bet into $100,000This guy expected a weak showing by the Rams in SuperBowlLlll, and this is how he turned $250 into $100,000
Source: MarketWatch - 🏆 3. / 97 Read more »
Papa John's picks hedge fund Starboard over founder for investmentPapa John's International Inc unveiled an investment of up to $250 million ... 💙
Source: Reuters - 🏆 2. / 97 Read more »
Saks Fifth Avenue Flagship Unveils New Handbag EmporiumCompetition among department stores is fiercer than ever. Which is why Saks Fifth Avenue's ongoing $250 million renovation project at its flagship location is crucial for getting customers excited about shopping in-store But are they wasting money when people are just moving to online shopping? Will be interesting to see if they're handling this transition well or resisting change.
Source: Forbes - 🏆 394. / 53 Read more »
A Rarity On Wall Street: A Female- and Minority-Led Activist Hedge FundThe upper ranks of hedge funds are almost exclusively white and male. New activist fund Impactive Capital is an exception. Wow Sorry we’re good at making money Returns are indifferent to labels
Source: WSJ - 🏆 98. / 63 Read more »
Inside the eerie abandoned mall where Amazon will reportedly build a giant new facilityAn Amazon facility could soon replace a dead Ohio mall. Images of the mall's decay over the years have come to symbolize the retail apocalypse.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Apple agrees to pay back-taxes to French authoritiesU.S. technology giant Apple said it had reached a deal with France to pay an und... AppleSupport should stop their support of broke politicians who make “laws” demand a decade of pay. Simply outrageous. Pull your products back from a hostile country. Countries should just allocate net earnings based on proportion of sales that occur in that country. If 10% of Apples worldwide sales occur in France then tax 10% of worldwide profits. Where the company is based or how its structured becomes irrelevant.
Source: Reuters - 🏆 2. / 97 Read more »
Artificial intelligence startup Databricks is now worth $2.75 billion after raising $250 million from Andreessen Horowitz and MicrosoftMachine learning startup Databricks closed $250 million from Andreessen Horowitz, Microsoft and more. CEO Ali Ghodsi explains how it grew so fast.
Source: BusinessInsider - 🏆 729. / 51 Read more »