Investment News

• PGA players who turned down millions from LIV Golf's Saudi backers could get equity in new company
  
  PGA golfers who refused to defect to LIV Golf in exchange for massive pay-outs from the Saudi Public Investment Fund could be rewarded with equity shares in the entity created by the merger.
  Daily Mail.  Saturday, 10 Jun 2023.
• BlackRock (BLK) to Buy Kreos, Enhance Private Debt Products
  
  BlackRock (BLK) signs an agreement to acquire Kreos Capital. This will help the company provide its clients with a wide range of private market investment products and services.
  Zacks.  Friday, 9 Jun 2023.
• Oil and gas windfall tax to be shelved if energy prices fall significantly
  
  HM Treasury said the measure was needed to encourage investment in the North Sea, protect jobs and improve the UK's domestic energy supply amidst Russia's full-scale invasion of Ukraine.
  Daily Mail.  Friday, 9 Jun 2023.
• Balancing Growth And Protection
  
  Calibrating investment strategies is just one way wealth management firms like Fidelity help clients balance growth and protection. The challenge is how to help find the equilibrium for each individual.
  Forbes.  Friday, 9 Jun 2023.
• Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick
  
  Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
  Zacks.  Friday, 9 Jun 2023.
• How To Increase Your Market Share Through Multi-Unit Franchising
  
  Whether you already own a franchise or a looking to start one, multi-unit ownership can be a strategic option to consider for the longevity of your investment.
  Forbes.  Friday, 9 Jun 2023.
• The bear market is over. Here's why investors see better days ahead.
  
  Long market slump was especially painful for Americans saving for retirement, with their investments losing $3 trillion in value.
  CBS News.  Thursday, 8 Jun 2023.
• Montana sues nonprofit over ESG investing to claw back taxpayer funds
  
  Montana Attorney General Austin Knudsen filed a lawsuit Thursday against a nonprofit group of attorneys general seeking to recoup state money after the organization allegedly made investments that violated state law.
  Washington Times.  Thursday, 8 Jun 2023.
• What Is the Saudi Sovereign Wealth Fund?
  
  The secretive $700 billion investment fund has set its sights on tourism, job creation, private equity and, now, golf.
  New York Times.  Thursday, 8 Jun 2023.
• GM to invest $500 million to build next-generation Cadillac Escalade, other large SUVs
  
  The notably profitable SUVs remain in high demand, and sales are needed to assist in funding the automaker's investments in EVs.
  CNBC.  Thursday, 8 Jun 2023.
• Why Every Employee In Your Company Should Have Communication Training
  
  Whether you are a seasoned executive or simply starting your professional journey, investing in communication training is an investment in yourself that will pay dividends throughout your career. ...
  Entrepreneur.  Wednesday, 7 Jun 2023.
• Difficult questions remain despite 'remarkable' golf truce
  
  Golf's shock merger is a stunning example of the shift in power that Saudi Arabia's investment in sport is bringing about.
  BBC News.  Wednesday, 7 Jun 2023.
• PGA Tour, DP World Tour & PIF merger will be 'good for golf', says Rory McIlroy
  
  The PGA and DP World Tour's shock merger with Saudi Arabia's Public Investment Fund will ultimately be "good for golf", says Rory McIlroy.
  BBC News.  Wednesday, 7 Jun 2023.
• Elon Musk discussed a possible Mongolia expansion with the country's prime minister
  
  Mongolia's prime minister and Tesla CEO Elon Musk discussed possible expansion and investments into the country over a Monday virtual meeting.
  CNBC.  Wednesday, 7 Jun 2023.
• Venture Capital Giant Sequoia Spins Off China and India Units
  
  The Silicon Valley firm said the split would simplify its business, amid rising tensions between the United States and China over technology investment and development.
  New York Times.  Tuesday, 6 Jun 2023.

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