Fortune

When founders realize their dream of a multibillion-dollar acquisition, they usually ride off into the sunset and leave their employees to adjust to a new regime. But Mark O’Hare, the founder of Preqin, is bringing his staff along for this ride after cashing in his 21-year bet. O’Hare and...

The U.K.’s latest billionaire is sharing $650 million with his employees after selling his data company to Blackrock

The venture firm emailed LPs in funds raised between 2009 and 2011 with an offer to buy up to $861 million worth of shares in Stripe, Axios reported. Sequoia has declined to comment but the buyers would be other, newer Sequoia funds, according to the email sent to LPs, that was shared by Axios.

Major Stripe investor Sequoia confirms $70B valuation, offers its investors a payday

Reuters

(Reuters) - OneStream Software, which is backed by private equity firm KKR, is targeting a valuation of about $4.38 billion in its U.S. initial public offering. The software firm and its selling shareholders aim to sell 24.5 million shares, priced between $17 and $19 each, to raise up to $465.5 million, according to a filing on Monday.

KKR-backed OneStream seeks $4.38 billion valuation in US IPO

(Reuters) -Bank of America's second-quarter profit fell as income from interest on loans shrank and provisions for potential credit losses jumped, but a better-than-expected forecast for net interest income sent the bank's shares higher in premarket trade. Banks are shelling out more on deposits as interest rates are at their...

BofA profit drops on lower interest income, outlook lifts shares

TheStreet

Palantir shares have added more than $27 billion in market value so far this year.

Analyst resets Palantir stock price target ahead of Q2 earnings

The global legal marijuana market is set to experience substantial growth over the next decade, according to a recent report by Prophecy Market Insights. Currently valued at $47 billion in 2024, the market is expected to surge to $194 billion by 2034, growing at an annual rate of 16.9%. The...

Report: Legal Marijuana Market Valued at $47 Billion, Expected to Grow to $194 Billion by 2034

The global medical cannabis market is set for substantial growth, projected to increase from $17.60 billion in 2023 to an impressive $121.33 billion by 2033. This expansion, driven by a compound annual growth rate (CAGR) of 21.30%, is detailed in a recent report by Spherical Insights & Consulting. The report...

Report: Global Medical Cannabis Market Projected to Reach $121.33 Billion by 2033

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

California State

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The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

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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

Fool.com contributor Parkev Tatevosian highlights his top growth stocks to buy now in July. *Stock prices used were the afternoon prices of June 30, 2024. The video was published on July 2, 2024. Should you invest $1,000 in Nvidia right now?. Before you buy stock in Nvidia, consider this:. The...

The 9 Best Growth Stocks to Buy Now in July (2024)

Procter & Gamble has a more complete capital return program than Coke. P&G has excelled at leveraging pricing power and improving operational efficiency. The pressure is on for P&G to return to significant sales growth. Coca-Cola and Procter & Gamble allow investors to participate in the stock market while collecting...

Coca-Cola Is a Rock-Solid Dow Dividend Stock, but So Is This Dividend King That Paid $9 Billion in Dividends Over the Last Year

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

Pennsylvania State

Bucks County Beacon

With an assassination attempt on Donald Trump at a rally in Pennsylvania on July 13, 2024, the U.S. experienced another violent episode in its increasingly polarized politics. Former President Trump, who’s about to formally become the GOP nominee for president in the 2024 election, survived the attempted assassination when, initial reports said, a bullet grazed his ear . But one rally attendee was killed , more spectators were injured and the suspected gunman is also dead. The Conversation’s politics editor, Naomi Schalit, spoke with University of Massachusetts, Lowell, scholar Arie Perliger after the event. Perliger offered insight from his study of political violence and assassinations. Given the stark political polarization in the U.S., Perliger said, “it’s not a surprise that eventually people engage in violence.”

‘One Inch from a Potential Civil War’? Trump Shooting a Close Call for American Democracy

WASHINGTON (Reuters) -The FBI said on Monday it has gained access to the phone of the Thomas Matthew Crooks, the suspect in the shooting of former President Donald Trump, as it continues to investigate his motive for the crime. The FBI stressed that its investigation into Saturday's shooting, which is...

FBI says it has gained access to Trump shooting suspect's phone

This morning, second quarter reports from BlackRock BLK and Goldman Sachs. provided insight into the prominent investment management banks with both appearing to benefit from easing inflation. Let’s review BlackRock and Goldman's Q2 results and see if now is a good time to buy stock in these finance titans.

Time to Buy BlackRock (BLK) or Goldman Sachs (GS) Stock After Q2 Earnings?

“Who sits there and thinks, with all the needs we have in America, of criminalizing the homeless?” wonders Pastor Robert Brown of Bristol’s Bible Evangelical Methodist Church after learning that the United States Supreme Court approved punishing those experiencing homelessness who have nowhere to sleep.

After SCOTUS OK’s Criminalization of Homelessness, Pennsylvania Democrats Plan Legislative Response to Protect Rights of the Unhoused

Traffic is dropping for Starbucks, but Dutch Bros doesn't seem to be having the same problem. Sales for Starbucks' ready-to-drink products have also pulled back, whereas Black Rifle Coffee is preparing its ready-to-drink business for big gains. These lesser-known coffee brands are worth a look as their businesses grow. If...

Starbucks Stock Is Underperforming the S&P 500 in 2024, but These Other 2 Coffee Stocks Are Soaring.

Sublette County, WY

Bondurant, WY

WyoFile

Billionaire Joe Ricketts has ordered crews to immediately stop construction of his long-planned Sublette County luxury resort, and restore the area to its natural condition. A project that would have made a tourist destination out of the tiny, sleepy Hoback River basin community of Bondurant has been called off because of protective wildlife stipulations that abbreviated the construction season. Ricketts sought an exemption from the seasonal restrictions, which he claimed in a memo obtained by WyoFile would have increased the cost of building the high-end all-inclusive resort by $60 million to $100 million, but his request was denied .

Spooked by price tag, billionaire cans under-construction luxury resort in Bondurant area

NewsBreak

SymphonyAI targets second half 2025 IPO with $500 million in revenue run rate

(Reuters) - SymphonyAI, a U.S. artificial intelligence company whose products help the likes of Pepsi predict demand and financial companies spot fraud, is preparing to go...

SymphonyAI targets second half 2025 IPO with $500 million in revenue run rate

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