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Why More Americans Are Choosing to Rent a Home
Bloomberg Originals· 2025-07-15 18:00
Today, the number of renter households in the US is growing three times faster than homeowner households, signaling a major shift in American homeownership. This trend traces back to the 2008 housing crash when construction slowed dramatically and the US never caught up. Restrictive zoning laws have limited where and what kinds of housing can be built.The cost of raw materials has gone up, coupled with a labor shortage. And in the last 5 years, mortgage rates have more than doubled due to inflation. This ha ...
Rivian CEO Joins Bezos & Gates Divorce Club—Voting Power Slashed Before R2 Debut
Benzinga· 2025-07-15 16:30
Rivian Automotive RIVN ownership looks different going forward as the company's founder RJ Scaringe had to transfer part of his stake in the electric vehicle company as part of a divorce settlement.What Happened: Ahead of the highly anticipated launch of the R2 vehicle for Rivian, the company's CEO has transferred around four million shares and six million options in the company's stock to his ex-wife Meagan Scaringe.The transfer was reported in a regulatory filing, as shared by TechCrunch. Based on current ...
UK's Reeves to Deliver Mansion House Speech: What to Expect
Bloomberg Television· 2025-07-15 06:40
UK Chancellor of the Exchequer Rachel Reeves will highlight plans to spur homeownership by easing access to mortgages in her flagship annual address to the City of London. Reeves will announce a permanent mortgage guarantee scheme and more home loans for people on lower incomes, according to a statement from the Treasury. She will speak at the event alongside Bank of England Governor Andrew Bailey. Bloomberg's James Woolcock reports. -------- More on Bloomberg Television and Markets Like this video? Subscri ...
野村:可能因关税影响而重新定价,7 月下半月开始
野村· 2025-07-15 01:58
Japan equity weekly (10 July 2025) EQUITY: JAPAN STRATEGY Possible fresh round of pricing in tariff impacts starting in latter half of July Entering Q1 results season with share prices vulnerable to downside surprises; changes in foreign ownership at company level linked to ROE/cash & deposits/share buybacks Can TACO only take you so far? Fig. 1: Share price formation for companies likely to be affected by tariffs (End-2024 = 100) No disclosure of tariff impac OPIX Transportation equip Note: Individual comp ...
X @Bloomberg
Bloomberg· 2025-07-15 00:01
Rachel Reeves will highlight plans to spur homeownership by easing access to mortgages in her flagship annual address to the City of London https://t.co/h1NqkBDnSN ...
Rivian CEO RJ Scaringe's voting control slips following divorce settlement
TechCrunch· 2025-07-14 14:52
Core Insights - Rivian's CEO RJ Scaringe has transferred approximately 4 million shares and 6 million options to his ex-wife as part of a divorce settlement, valued at around $130 million at current stock prices [2][3] - Following the transfer, Scaringe's voting power has decreased from 7.6% to about 4%, marking the lowest level since Rivian's IPO in 2021 [3][8] - Rivian is currently focused on redesigning its R1S SUV and R1T truck to reduce manufacturing costs and improve performance, while also preparing for the launch of the R2 SUV in 2026 [4] Ownership Structure - Rivian's ownership structure has evolved since its IPO in 2021, with Ford largely exiting and Volkswagen Group becoming a significant stakeholder, now owning 12.3% of Rivian [5][8] - Amazon remains the largest shareholder with a 14.2% stake, granting it the most voting power among shareholders at 13.3% [8] - Scaringe's ownership stake was 2% prior to the divorce settlement, and he previously held a 7.6% voting power due to Class B shares, which have since been reduced [8][10] Company Developments - Rivian entered a joint venture valued at $5.8 billion with Volkswagen, focusing on software and electrical architecture, with Rivian contributing technology and personnel [7] - The Class B stock transferred in the divorce settlement was converted to Class A stock, limiting the voting power of Scaringe's ex-wife if she retains the shares [10] - Scaringe's overall control remains significant, with around 50 million shares, options, and Restricted Stock Units (RSUs) that could increase his ownership and voting power as they vest [10]
Global Crossing Airlines Completes First Aircraft Acquisition and Adds Four More to Support Continued Business Growth
Globenewswire· 2025-07-14 11:30
MIAMI, July 14, 2025 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (Cboe CA: JET, Cboe CA: JET.B, OTCQB: JETMF) (“GlobalX” or the “Company”), the Nation’s fastest-growing charter airline, today announced the completion of its first aircraft acquisition, along with the signing of lease agreements for four additional Airbus aircraft—significant steps in supporting the Company’s continued business expansion. GlobalX has acquired an Airbus A320 (MSN 3101), currently operating in its fleet as N630VA a ...
Discover Opportunities to Buy International Homes at the Global Property Expo, Singapore
Prnewswire· 2025-07-14 04:22
Core Insights - The Global Property Expo is the largest international residential property show in Singapore, featuring offerings from over 20 countries and a diverse range of properties [2][7] - The event aims to provide Singaporean buyers with essential tools and insights for navigating overseas residential property ownership [1][7] Event Highlights - DAMAC Properties will showcase a selection of its waterfront developments, including Canal Crown and DAMAC Bay [3] - THIRDHOME will launch its presence in Asia, introducing a new investment model for global property ownership [3] Learning Opportunities - The expo includes daily talks from 11:00 AM to 6:30 PM, with a keynote address by Adam Challis from JLL on market insights [4] - A live-streamed panel titled "Buyers' Toolkit: Your Next Steps to Owning Property Abroad" will provide actionable advice for prospective buyers [5] Expert Engagement - Attendees will have access to various professionals, including developers, legal advisors, and mortgage advisors, to clarify property laws and financing options [6] - Immigration specialists will discuss residency considerations linked to property purchases, providing comprehensive support for attendees [7] Organiser Information - The event is organized by JLL, a leading global commercial real estate and investment management company with annual revenue of $23.4 billion and operations in over 80 countries [8]
Patrick Mahomes on Kansas City Chiefs ownership
CNBC Television· 2025-07-12 13:00
You know, a lot of these ownership groups now are starting to sell minority stakes in their teams. In the back of your mind, are you thinking when the day comes where you retire, maybe you'd like to be a part owner of the Chiefs. Uh, yeah.I mean, hopefully that's a long time from now, um, when I retire, but, uh, I mean, that would obviously be cool. I mean, uh, Kansas City and the Chiefs have done so much for me. Um, so to be a part of them in any way, um, would be really cool.And so, uh, I know they do the ...
Crystal Creek by LGI Homes Brings Premium Townhome Living to Spring Hill, TN
Globenewswire· 2025-07-11 20:30
Core Insights - LGI Homes, Inc. has launched its new community, Crystal Creek, in the Nashville market, featuring townhomes with included upgrades and convenient access to local amenities [1][2]. Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its inception in 2003 [6]. - The company is recognized for its quality construction and exceptional customer service, earning accolades such as being named to Newsweek's list of the World's Most Trustworthy Companies [6]. Community Features - Crystal Creek offers two-story townhomes with three bedrooms and two-and-a-half bathrooms, ranging from 1,794 to 1,952 square feet [4][11]. - Homes are equipped with the CompleteHome Plus™ package, featuring upgraded amenities at no additional cost, including chef-ready kitchens with Whirlpool® appliances and smart-home technology [4]. - The community includes various amenities such as parks, multi-purpose fields, and shaded walking trails connecting to the City of Spring Hill Greenway [3]. Pricing and Availability - Move-in ready homes in Crystal Creek start in the mid-$400s, with potential buyers encouraged to schedule appointments or visit the information center [5].