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May 4, 2021
Share: Pandora A/S (OTC: PNDZF), the Denmark-headquartered jewelry manufacturer and retailer, has announced it will no longer use mined diamonds in its product line. What Happened: The company is replacing the mine-based gems with a diamond collection created in laboratories. According to the company, lab-created diamonds are identical to mine-excavated diamonds and share the same optical, chemical, thermal and physical characteristics. The lab-grown diamonds are being branded under the Pandor...
May 1, 2021
TV and digital news consumption has gone into a tailspin during Joe Biden’s first 100 days as president. What Happened: According to The Hill, major ...
April 29, 2021
Share: CVS Health (NYSE: CVS) has inaugurated CVS Health Ventures, a corporate venture capital fund aimed at creating partnerships with early-stage companies focused on improving the accessibility and affordability of health care. What Happened: According to the Woonsocket, Rhode Island-based company, the fund will begin with $100 million allocated for investments. The initial targets for the fund will encompass companies in digital health care. The fund is a continuation of earlier investments...
April 29, 2021
CVS Health Debuts $100M Venture Capital Fund For Early-Stage Health Care Companies Benzinga 4/29/2021 © Provided by Benzinga CVS Health (NYSE: CVS) has inaugurated CVS Health Ventures, a corporate venture capital fund aimed at creating partnerships with early-stage companies focused on improving the accessibility and affordability of health care. What Happened: According to the Woonsocket, Rhode Island-based company, the fund will begin with $100 million allocated for investments. The init...
April 28, 2021
Share: The family of Lee Kun-Hee, the late chairman of Samsung Electronics Co., Ltd. is donating 23,000 pieces of art in an effort pay off an inheritance tax bill of roughly $11 billion. What Happened: South Korea has a 60% inheritance tax. Lee, who owned 4.18% of Samsung at the time of his death last October, was South Korea’s richest person and had an estimated net worth of $20 billion. According to an Associated Press report, the Lee family’s tax bill is the largest in South Korean hi...
April 23, 2021
Share: After more than two decades of reigning as the world’s busiest airport, Hartsfield-Jackson Atlanta International Airport lost its crown in 2020 to China’s Guangzhou Bai Yun International Airport. What Happened: Guangzhou was the world’s busiest airport last year in passenger counts, with 43.7 million people streaming through its facilities, according to new data released by Airports Council International. Although the airport’s passenger count was down 40.4% from one year earlier...
April 21, 2021
A coalition of 156 British musicians including Paul McCartney, Roger Daltrey and Sting have called on U.K. Prime Minister Boris Johnson to update the ...
April 16, 2021
Share: Disneyland reopens to the public two weeks from today, and Walt Disney Co. (NYSE: DIS) is reporting its online tickets and reservation website has been inundated with sales requests. What Happened: The Anaheim, California-based theme park and resort has been closed since the COVID-19 pandemic took root in March 2020. While Florida’s state government allowed for the reopening of Orlando-based Disney World last July, California’s theme parks have been shuttered for more than a year. ...
April 14, 2021
Share: Ballys Corp (NYSE: BALY) has acquired the iconic Tropicana Las Vegas from the real estate investment trust Gaming and Leisure Properties Inc (NASDAQ: GLPI) for $308 million. What Happened: As part of the transaction, the Providence, Rhode Island-headquartered Ballys has entered into a sale-and-leaseback transaction with GLPI relating to Ballys Black Hawk in Colorado and its Rock Island, Illinois, casino properties for a cash purchase price of $150 million payable by GLPI. According to...
March 12, 2021
U.S. homeowners with mortgages saw their equity increase by 16.2% year-over-year in the fourth quarter of 2020, according to new data from Corelogic Inc ...