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Top The Business Journals News

Maryland Politics · Baltimore

FBI reportedly opens probe into Baltimore bridge collapse

60% Center coverage: 195 sources

The Federal Bureau of Investigation (FBI) opened a criminal investigation to find out if the crew members on board the time chartered by A.P. Moller-Maersk vessel, DALI, were aware of severe system issues that led to the collapse of the Francis Scott Key Bridge in Baltimore after hitting it at the end of March.See the Story

Elon Musk · United States

Tesla to lay off more than 10% of staff globally as sales fall

55% Center coverage: 139 sources

Tesla will lay off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales amid an intensifying price war for electric vehicles.See the Story

Joe Biden · Texas

Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas

65% Center coverage: 59 sources

The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas. The funding announced Monday by the Commerce Department is part of a total investment in the cluster that, with private money, is expected to exceed $40 billion. See the Story

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Golf · Honolulu

The National Observer: Country clubs, golf courses are big targets for investors

100% Center coverage: 1 sources

This week's The National Observer explores why so many investors are scooping up golf courses and country clubs — and what it means for prices. We're also looking at Tesla's massive layoff plans and why other CEOs are so bullish on hiring for the remainder of 2024.See the Story

Baltimore, MD · Baltimore

Maryland college receives largest donation in its history

100% Center coverage: 1 sources

Goucher College has received a $55 million donation, the largest gift in the private school's over 130-year history, officials announced Wednesday.See the Story

Stock Markets · Denver

Denver-based Ibotta opens public trading at $107 per share

Coverage: 2 sources

There is a first for everything and for Ibotta, the Denver retail-technology company behind the most popular shopping apps made in Colorado, its first day as a public company Thursday opened at $107 per share, which was higher than the $88 offer price set Wednesday night. Flanked by friends, family and Ibotta employees, CEO Bryan Leach opened the New York Stock Exchange with the traditional bell ringing, and much applause. The NYSE welcomes @i…See the Story

Lennar · California

Lennar scoops up hundreds of future home lots in Elk Grove, Northlake and elsewhere

100% Center coverage: 1 sources

One of the largest homebuilding companies in the U.S. is lined up for years of ongoing activity in the Sacramento region, buying hundreds of future lots.See the Story

San Antonio, Texas · San Antonio

Cisco Systems inks lease downtown, bucking trend of tech firms shedding office space

100% Center coverage: 1 sources

The size of the lease isn't huge, but it represents welcome positive activity from a tech company in the Central Business District. At the end of this report, check out a list of commercial real estate brokerage firms in the Austin area.See the Story

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Top The Business Journals News

FBI reportedly opens probe into Baltimore bridge collapse

Tesla to lay off more than 10% of staff globally as sales fall

Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas

Latest News Stories

The National Observer: Country clubs, golf courses are big targets for investors

Maryland college receives largest donation in its history

Denver-based Ibotta opens public trading at $107 per share

Lennar scoops up hundreds of future home lots in Elk Grove, Northlake and elsewhere

Alamo Trust nears breaking ground on Texas Cavaliers Education Center

Build-for-rent homes changing Triangle housing equation

Bel Aire affordable senior housing involves a $6.2M investment from CVS

Cisco Systems inks lease downtown, bucking trend of tech firms shedding office space

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