Page 12 - James Andersen News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The rise in blank-check companies — a boon to private equity firms looking to cash out from their deals — is worrying some managers.  “It feels a little bit like a gold rush to me,” said James Andersen, co-founder of private equity firm Clearview Capital, during a virtual event hosted on Tuesday by the New York Alternative Investment Roundtable. “Gold rushes almost never end well.” The boom in special purpose acquisition companies is a “symptom” of the Federal Reserve injecting massive capital into the market, prompting investors to search for returns in areas like SPACs, acc...

sschulwitz@thealpenanews.com News Photo by Steve Schulwitz Bob’s Bullpen owner Bob LeFevre shows off a display of Din Djarin, also known as Mado, from the popular Disney+ show The Madolorian at his store on Wednesday. Bob’s Bullpen was one of 59 businesses in Alpena County to receive state funding via the Michigan Small Business Survival Grant program. The Michigan Economic Development Corporation announced Wednesday the recipients of the state’s latest round of small business relief. It is a portion of the $52 million in state funding made available via the Michigan Small Business Su...

Relevance is important in my line of work. That is why the team here at The News always is working hard to keep you informed with information that is important for all of us. Did you know that, last year, the local news reporters produced over 3,000 pieces of local news — which included things like stories, photographs, and news briefs? Looking at just the three main reporters — Steve Schulwitz, Crystal Nelson, and Julie Riddle — they produced 1,110 stories, 1,056 photographs, 648 briefs, and 91 in-depth — known to journalists as “enterprise” — projects. Those numbers do not in...