archivenews

ASX-listed homebuilder AVJennings has agreed to a $365-million takeover from US real estate investment manager Proprium Capital Partners.The agreement ends a months-long bidding contest that included Singapore-listed developer Ho Bee Land.The Melbourne-based company, which has a 90-year history in Australian residential development, will be acquired for 65.5¢ a share through Proprium’s local arm, Avid Property Group.The price is a 98.5 per cent premium to AVJennings’ share price before initial takeover discussions began in November.Proprium’s successful bid comes after Ho Bee Land failed to follow through with a binding proposal on...

DeSantis wants repeal of red flag laws and supports open carryDeSantis wants repeal of red flag laws and other restrictions on Second Amendment RightsFlorida Governor Ron DeSantis has proposed a plan to eliminate the state's portion of property taxes for homeowners.DeSantis argues that tourists and non-residents should bear a larger share of the tax burden.The Florida Legislature is currently in session and must reach an agreement on the state budget before adjourning on May 2.Could Florida property taxes be a thing of the past soon? Gov. Ron DeSantis thinks so.At...

Aishwarya Jain and Nathan Gomes  |  ReutersHere's how much homeownership costs per year, on top of your mortgageBankrate finds the typical family home comes with an added price tag: $18,000 in "hidden expenses" every year. (Scripps News)Scripps NewsFintech firm Rocket Companies RKT.N said on Monday it would buy home loan services provider Mr Cooper Group COOP.O for $9.4 billion, its second big deal this month as it looks to broaden its mortgage-related offerings on its online platform.Shares of Mr Cooper jumped about 27% to $132.1 in premarket trading but were still trading well below the offer price of...

Tesla trade-ins hit record high amid Elon Musk controversyTesla trade-ins have reportedly hit a record high amid a brand crisis linked in part to CEO Elon Musk's involvement in the Trump administration. According to the Washington Post, Teslas made up 0.4% of all vehicles traded at traditional dealerships a year ago. That figure doubled to 0.8% in January.unbranded - NewsworthyU.S. stocks plunged, with the Dow closing down more than 700 points and the S&P 500 shedding over 100 points amid heightened inflation and tariff concerns.The Fed's preferred inflation measure, the...

"Louisiana wins again," was the headline as Gov. Jeff Landry and Louisiana Economic Development trumpeted the official announcement of the $5.8 billion Hyundai steel plant planned for the Donaldsonville area of Ascension Parish.President Donald Trump hosted Landry and several elected officials in the Roosevelt Room of the White House to deliver the monumental news for the state and region, which had not been seen at such a magnitude since the governor and Facebook's parent company, Meta, announced a large artificial intelligence data center in northeastern Louisiana.The first-of-its-kind Hyundai project was...

The Metuchen Edison Piscataway Area Branch of the NAACP’s Juneteenth celebration this year has been moved off federal property because of concerns it might violate President Trump's executive order targeting diversity, equity and inclusion.“We at the NAACP are being forced to relocate our annual Juneteenth Festival from federal grounds simply because it could be seen as a DEI initiative and risk retaliation under the Trump Administration's agenda. That's not just unacceptable – it's dangerous," said Reggie Johnson, president of this NAACP branch.The event, originally planned for June 7 at the...

The new Chair of the U.S. Securities and Exchange Commission (SEC) reportedly has a crypto portfolio worth millions of dollars. According to a new report from Fortune, an ethics disclosure reveals that Paul Atkins – President Donald Trump’s nominee to be the next SEC Chair – holds about $6 million in crypto-related investments, including $1 million worth of equity in two crypto firms and $5 million in crypto investment funds. Atkins, who previously served as the SEC’s Chair between 2002 and 2008 under then-President George W. Bush, held a board...

World Liberty Financial, the decentralized finance venture backed by President Donald Trump and his family, has launched a stablecoin. The stablecoin, dubbed USD1, will be pegged to the U.S. dollar and be backed by short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents. It joins an increasingly crowded market of stablecoins. The market cap for dollar-backed stablecoins has grown more than 46% in the past year, according to CryptoQuant. World Liberty Financial, the decentralized finance venture backed by President Donald Trump and his family, has launched a stablecoin,...

World Liberty Financial, the decentralized finance venture backed by President Donald Trump and his family, has launched a stablecoin. The stablecoin, dubbed USD1, will be pegged to the U.S. dollar and be backed by short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents. It joins an increasingly crowded market of stablecoins. The market cap for dollar-backed stablecoins has grown more than 46% in the past year, according to CryptoQuant. World Liberty Financial, the decentralized finance venture backed by President Donald Trump and his family, has launched a stablecoin,...

Starting today, the ‘Sunday Express’ goes to constituencies considered to be marginal going into the April 28 general election, the first being San Fernando West.San Fernando West candidate Faris Al-Rawi says the list of what the PNM has done for that constituency “is massive”.Al-Rawi, the Minister of Rural Development and Local Government, said San Fernando West has seen unprecedented development over the past years, with multimillion-dollar investments reshaping its economic and social landscape.“The Government remains committed to enhancing infrastructure, housing, coastal protection and ­local economic development, making the second city...