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Listen to this article A Syracuse-based real estate investment firm has purchased another property in Rochester, expanding an already extensive portfolio of industrial facilities. Ironhorn Enterprises, through Excel Drive Properties, LLC, paid $1 million for the 2.34 acres and the 21,356-square-foot building at 10 Excel Drive in Rochester. The deed was filed Thursday with the Monroe County Clerk’s Office. The seller was 10 Excel Drive, LLC, an entity managed by Jeffrey S. Sherwood, owner of Premier Sign & Awning Systems, LLC. The property was home to his business and is...

Johnson & Johnson has laid out plans to raise U.S. investments by 25% to more than $55 billion over the next four years, as a threat of drug import duties by the Trump administration compels companies to expand their manufacturing operations domestically.The pharmaceutical giant JNJ.N said on Friday it planned to build four new plants as part of its investment, one of which would be set up in Wilson, North Carolina, where it officially broke ground earlier in the day. J&J did not disclose where it plans to build the...

FERGUSON TOWNSHIP — The state has tasked Pennsylvania’s largest for-profit water utility with improving service for customers of a struggling rural system while also negotiating a sale to a nearby municipal authority.The Pennsylvania Public Utility Commission unanimously backed an emergency request from the state’s consumer advocate to appoint an interim operator — also called a receiver — of the privately owned Rock Spring Water Company. It hopes Pennsylvania American Water Company can provide some relief to customers who’ve endured more than a decade of service issues.An order issued Friday makes...

Johnson & Johnson says it will spend $55 billion in the U.S. over the next four years, including by building three new manufacturing sites and expanding others already in its medicines and medtech network. The company announced the plan in conjunction with breaking ground on a new 500,000-square-foot biologics plant in Wilson, North Carolina. In October of last year, J&J revealed its plan to spend more than $2 billion to build the facility, which will create more than 500 jobs and will produce treatments for cancer, immunology and neuroscience disorders....

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! The whispers are turning into roars. Artificial intelligence isn’t science fiction anymore. It’s the revolution reshaping every industry on the planet. From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards. Here’s why this is the prime moment to jump on the AI bandwagon: Exponential Growth on the Horizon: Forget linear growth...

8 By João Richard Costa, Chief Commercial Officer, Ombria Algarve         Society’s growing awareness of and commitment to a greener way of living creates ripple behavioural effects on consumers but also on investors, who favour eco-friendly or sustainable assets to future-proof their portfolios. Real estate, therefore, remains a key investment vehicle for many. In a recent market-trends report, published in the fourth quarter of 2024, Savills projected global real-estate investment to rise by 7 percent to US$952 billion in 2025. Is there really more demand for sustainable...

A report by JPMorgan analysts suggests that the recent stock market sell-off hasn't been mainly driven by recession worries caused by uncertainty over the emerging trade war. President Donald Trump is advancing policy and regulations by creating a "Strategic Bitcoin Reserve" aimed at making the U.S., the crypto capital of the world. Other cryptos may also play a role. Legendary Berkshire Hathaway CEO Warren Buffett likened tariffs to an economic "act of war" in an interview with CBS News and said that tariffs ultimately serve as a tax on goods....

From left to right: Denis Depoux, global managing director of Roland Berger; Nancy Wang, country manager at LinkedIn China; Bernard Sim, general manager for China at Scoot; Martin Xu, general manager of Chinese Mainland, Commercial and Operations at Cathay Pacific. Editor"s Note: This year marks a critical milestone as China concludes its 14th Five-Year Plan. To help in assessing the success of the process, we have asked multinational executives to share with our readers their insights about their business achievements in the past few years and further expectations in the years to come. Q1...

A bill to get the Oregon State Treasury to pause new pension investments in private assets and equity funds that are invested in fossil fuel companies received hundreds of letters of support this week, and one powerful letter of opposition.Senate Bill 681, the Pause Act, would put a five-year moratorium on new private equity investments made with Public Employees Retirement System, or PERS, funds, if more than 10% of the private equity fund is invested in fossil fuel companies or heavy users.The bill had its first public hearing Wednesday in...

The UK recently announced its AI Opportunities Action Plan, outlining the next phase of AI development for Britain. The ambition is to use AI for economic prosperity, improved public services, and increased opportunity. The UK already has the groundwork to be a leader in AI as it benefits from high-quality research and engineering talent, particularly in AI for science and robotics. As the UK makes a concerted push on AI, the US has announced $500 billion in private capital funding to grow AI infrastructure.This increased focus from plans and investments...