BlackRock announced on Sunday that it plans to acquire all assets of private markets data provider Preqin for £2.55 billion ($3.2 billion) in cash. The deal is expected to close by the end of 2024, pending regulatory approvals. Preqin, which started out as Private Equity Intelligence in 2003, expanded...

BlackRock acquiring alts data provider Preqin for $3.2bn

Since its inception in January 2021, project management optimization company Global PMO Partners has swiftly established itself as a leader in project portfolio management (PPM), driving transformation for businesses across diverse sectors. Founded by Michelle Watkins, a veteran with over 30 years in program and project management at large global companies, the firm began with a simple vision: to streamline and optimize project management processes using integrated, scalable, and automated tools.

Founder Michelle Watkins Has Revolutionized Project Portfolio Management With Her Company – Global PMO Partners

Axios

Venture firm General Catalyst has quietly provided non-dilutive financing to more than 40 companies over the last five and half years, betting their ensuing revenue growth would more than pay back the cash. Why it matters: GC isn't content with just being a traditional VC firm. How it works: The...

General Catalyst offers startups a new alternative

Rocket Companies has appointed Heather Lovier as the company’s chief operating officer as of June 20, per a recent 8-K filing with the Securities and Exchange Commission (SEC). Lovier will replace Bill Emerson, but Emerson will remain Rocket's president. Lovier joined Rocket Mortgage, the company’s lending arm, in 2003....

Heather Lovier Named COO Of Rocket Companies

Nubank (NYSE: NU) announced the acquisition of Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms, “bringing smarter, fairer, and more personalized financial products and services to Nubank’s customers.”. Hyperplane, launched in 2022 and co-founded by Daniel...

Nubank Announces Acquisition of Hyperplane to Support AI-first Strategy

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Denver, CO

David Heitz

The mother of a Denver homeless man told the City Council Monday that city-sponsored services have failed her son. Barbara Hallick Yeomans made her remarks during public comment period of the City Council meeting. She said her son grapples with substance abuse and mental illness and repeatedly has been harassed by police. She said her son also suffered verbal abuse by a guard in the Denver County Jail. Yeomans said she heard the guard harassing her son over the phone.

Mother says Denver homeless services have failed her son

OMNI Retail Enterprises (OMNI), operator of a portfolio of lifestyle digital storefronts and communities covering home decor, apparel, health & wellness products, fitness & educational and more, named retail industry insider Sharon M. Leite CEO. Leite is charged with revitalizing OMNI’s iconic brands, which include Bodybuilding.com, Pier 1 Imports, Dress Barn, Mentorbox.com and others, into omni-channel powerhouses.

OMNI Retail Enterprises Names Industry Leader Sharon M. Leite CEO

California State

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The HD Post

CALIFORNIA – Governor Gavin Newsom announced, June 28, that 1,700 first-generation homebuyers have been conditionally approved for the Dream For All (DFA) Shared Appreciation Loan program.

CalHFA issues all 1,700 vouchers for down payment assistance program

Supply & Demand Chain Executive

Supply Wisdom unveils the findings of its first annual survey, "Risk Management in a Technology-Driven World," conducted to gauge attitudes toward risk management at companies of varying sizes and locations. The survey specifically looks at how companies are tackling risk assessment within their vendor and supplier populations, the types of risks they are prioritizing, and their use of technology and artificial intelligence (AI) to monitor risk, among other themes.

Businesses Lack Understanding of Risks with Third-Party Vendors, Suppliers and Contractors: Survey

Missouri State

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

New Jersey State

Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

NEWARK, N.J. – U.S. Attorney Philip R. Sellinger announced today that 13 individuals have been charged in New Jersey for their involvement in schemes to defraud Medicare, Medicaid, TRICARE, and private health insurers. These charges are part of the Department of Justice's 2024 National Health Care Fraud Enforcement Action, which resulted in 193 defendants being charged nationwide for submitting over $2.75 billion in false claims.

NJ Health Care Fraud Bust: 13 New Jerseyans Charged in $2.75B Scheme

Georgia State

Douglas City, CA

Daily Coffee Press

This afternoon, Kentaiwon Durham, the Douglas City Commissioner of Ward 2, entered a guilty plea for wire fraud in the U.S. District Court for the Southern District of Georgia. Consequently, Durham is mandated to resign from his position as a city commissioner.

Georgia City Commissioner Pleads Guilty to Wire Fraud in $20K PPP Fraud Scheme

Gloucester County, NJ

Franklinville, NJ

FRANKLINVILLE, N.J. -A Gloucester County, New Jersey, man admitted today that he defrauded the government of more than $200,000 in Social Security and Medicaid benefits, U.S. Attorney Philip R. Sellinger announced.

Man Guilty of $200K Social Security & Medicaid Fraud

The Independent

 Former TV host Carlos Watson took the witness stand Monday in the criminal trial surrounding the collapse of his Ozy Media, insisting he hadn’t schemed to con the startup's backers.“Mr. Watson, did you conspire to commit securities fraud?” asked his lawyer, Ronald Sullivan Jr.“I did not,” Watson said, and repeated it when asked about the other charges against him, aggravated identity theft and conspiracy to commit wire fraud.Watson, a former news and talk show host on networks including CNN and MSNBC, is the key defense witness in the federal trial. He and the now-defunct Ozy are accused of giving...

TV personality Carlos Watson testifies in his trial over collapse of startup Ozy Media

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

DeanLand

Georgia's population grew beyond the 11 million mark in 2023, reaching 11,029,227 residents according to new data from the U.S. Census Bureau. With a robust population increase of 2.9% from 2020 to 2023, 315,456 new residents arrived in the state. Georgia was the 10th fastest-growing state in the US by percentage during the reporting period.

Georgia's Population Surges Past 11 Million, Fueled by Migration

Essex County, NJ

Omar Khater, 33, orchestrated a scheme to steal identities and file false tax returns. Fairfield, NJ – Omar Khater, a tax preparer from Essex County, was sentenced to 57 months in prison for his role in a conspiracy to defraud the IRS of over $4.4 million. U.S. Attorney Philip R. Sellinger announced the sentencing today.

Essex County Tax Preparer Sentenced: $4.4M IRS Fraud

Miami, FL

Healthcare-focused private equity firm Martis Capital has added to its team and opened an office in Miami. The new outpost is in Coconut Grove and the firm also has offices in Washington, D.C. and San Francisco. "The growth of our firm enables us to continue to support company founders across the healthcare industry and deliver […]

Martis Capital adds Miami office, senior execs

NewsBreak

Stone-Goff adds to portfolio operations

Private equity firm Stone-Goff Partners hired within its portfolio operations vertical in a bid to support the team’s focus on portfolio company value creation. David DeFelice...

Stone-Goff adds to portfolio operations

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