(Reuters) -Automaker Stellantis will invest an additional $55 million in Archer Aviation after the air taxi maker’s flagship aircraft completed a transition flight last month, the companies said on Tuesday. The latest investment follows the automaker’s open market purchases of 8.3 million shares of Archer’s stock in March, which made Stellantis the largest shareholder in […]
On June 28, the U.S. Department of Agriculture Forest Service, Pacific Northwest Region announced a 27.4 million investment in recreation and access improvement projects across Washington and Oregon. The investment will go to 23 projects that are part of the Great American Outdoors Act (GAOA) which makes investments in the sustainment and protection of public […]
Fayetteville State University is focused on growth and development in its 10-year strategic plan, marked by the launch of several significant construction projects totaling $210 million in investment costs with a nearly debt-free status, according to Chancellor Darrell Allison. Among these projects are a new College of Education, a health and wellness center, two parking […]
Robert Kiyosaki and Warren Buffett Butt Heads on Gold Investing: ‘He Didn’t Invest His Money; He Invests Your Money.’ American business owner and author of the bestselling “Rich Dad Poor Dad” series Robert Kiyosaki has criticized successful investor Warren Buffett’s thoughts on not investing in gold. Like politics, the finance world is not without its […]
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. With her ARK Innovation ETF (ARKK: NYSE Arca), Cathie Wood makes large wagers on biotech businesses that lead front-edge scientific and technical innovation. Although these high-potential businesses show great stock volatility, their appeal stems from the possibility of […]
Rio Tinto RIO announced that it will invest $143 million to develop a research and development facility in Western Australia to test the effectiveness of its breakthrough low-carbon ironmaking process, BioIron. BioIron uses raw biomass material produced from agricultural by-products instead of metallurgical coal and is heated using a combination of gas released by the […]
Photo by Marco Bello/Getty Images Ark Invest’s flagship ETF is sitting on massive losses, with individual holdings down as much as 93%. The fund has significantly underperformed the broader stock market, and only one of its top 10 holdings is in the green. These are the 10 biggest losing stocks held by the ARK Innovation […]
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Cathie Wood, co-founder, CEO, and investment manager of the ARK Invest family of exchange-traded funds, regularly discloses her stock transactions after every trading day. Wood, well-known for her significant returns in 2020, has experienced uneven success in the […]
Boeing, a giant in the aircraft manufacturing business, is investing $240 million as part of a partnership with the Quebec government to create an aerospace innovation zone in the Montreal area. The total investments for the project are worth $415 million. The Quebec government is contributing $85 million. Premier François Legault, Economy Minister Pierre Fitzgibbon unveiled the project Tuesday during an annual […]
WARSAW, Poland (AP) — Poland is investing about $2.5 billion to step up security and deterrence on its border with Russia and its ally Belarus, the prime minister said Saturday. Donald Tusk said work on the Shield-East project which includes building proper military fortifications has already begun. Poland is on the eastern flank of NATO […]
Microsoft is investing $1.5 billion (€1.4 billion) in a technology firm based in the United Arab Emirates and overseen by the country’s powerful national security adviser. Microsoft and the technology holding company G42 announced the deal on Tuesday. As part of the agreement, Microsoft’s president Brad Smith will join G42’s board of directors.  The […]
Microsoft is investing 1.5 billion US dollars (£1.2 billion) in a technology firm based in the United Arab Emirates and overseen by the country’s powerful national security adviser. Microsoft and the technology holding company G42 announced the deal on Tuesday. As part of the agreement, Microsoft’s president Brad Smith will join G42’s board of directors. […]