HOUSTON–(BUSINESS WIRE)–The Port Commission of the Port of Houston Authority held its regular meeting on Tuesday, June 27. During the meeting, Executive Director Roger Guenther delivered his monthly staff report to the commission, saying in part, “Cargo demand remains in line with the Port’s 2023 forecast with a small 2% decrease in overall container volume. An increase in export loads for the year have balanced the anticipated slight decline in import containers.” The Executive Director also
Month: June 2023
The Supreme Court Cancels Biden’s Student Loan Power Grab
The Justices say the President can’t usurp Congress’s power of the purse by cancelling $430 billion in debt.
Parallel Entrepreneur John Shen Releases “Crossing the Swamp” Book to Acclaim
IRVINE, Calif.–(BUSINESS WIRE)–Parallel entrepreneur John Shen tells his journey to entrepreneurial success in his business memoir, “Crossing the Swamp.”
Work on Second Peppa Pig Theme Park in North America Starts in Dallas Area
Merlin Entertainments Plans To Open Theme Park Catering to Young Children Next Year
The Resilient Consumer in the Face of Rising Interest Rates: The Role of Fixed Rate Mortgages
The strength of consumer spending amidst rising interest rates has left economists around the world perplexed. Despite the Federal Reserve’s attempts to curb consumer spending through interest rate hikes, people…
FCPT Announces Acquisition of a WellNow Property and a T-Mobile Property for $4.0 Million
MILL VALLEY, Calif.–(BUSINESS WIRE)–FCPT Announces Acquisition of a WellNow Property and a T-Mobile Property for $4.0 Million
Affirmative Action Ruling May Upend Diversity Hiring Policies, Too
The Supreme Court decision on college admissions could lead companies to alter recruitment and promotion practices to pre-empt legal challenges.
HDFC-HDFC Bank merger: On global stage today, $180 bn banking giant
Boards of both companies give their final approval for amalgamation
Golden Gate Capital to Acquire DMC Power from Bridgepoint
SAN FRANCISCO & CARSON, Calif. & LONDON–(BUSINESS WIRE)–Golden Gate Capital, a leading private equity investment firm, today announced that it has entered into a definitive agreement to acquire a majority equity stake in DMC Power (“DMC” or the “Company”), a leading designer and manufacturer of proprietary connector technology systems for high voltage power infrastructure. Tony Ward will continue to lead the Company as Chief Executive Officer and will remain a significant shareholder. Financi
Student loan relief is gone for millions of Americans — here’s what it means for retailers
The Supreme Court striking down Biden’s student debt cancelation plan, and the resumption of payments, will add more pressure to already cautious consumers.