The bankrupt craft retailer Jo-Ann announced it plans to close all its stores. On Feb. 12, the company stated it would close 500 stores. In a new statement, the company spelled out its route to shutting down its entire 800-store chain. “Following a comprehensive sale...
Blackstone (NYSE: BX) announced that funds managed by its Blackstone Infrastructure division will pay $5.65 billion to acquire Safe Harbor Marinas, the nation’s largest marina and superyacht servicing business, from the real estate investment trust Sun Communities Inc...
Two new data reports are showing a decline in mortgage applications for new home purchases and the increased challenges in being able to afford a mortgage. The Mortgage Bankers Association (MBA) reported mortgage applications for new home purchases decreased 6%...
TECfusions, a Tampa-headquartered global data center operator, announced the strategic acquisition and rezoning of 73 acres in Clarksville, Virginia, for a new data center expansion project. According to the company, the expansion project involves the consolidation of...
The New York City-based global alternative asset manager Apollo Global Management (NYSE: APO) announced it will acquire Salt Lake City-based Bridge Investment Group Holdings Inc. (NYSE: BRDG) in an all-stock transaction with an equity value of approximately $1.5...
Televisions monitors within the Department of Housing and Urban Development (HUD) headquarters were hacked earlier today to play an artificial intelligence-produced video that depicted President Trump rubbing and kissing Elon Musk’s feet. The Hill reports the video...