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There’s one thing to start with. OpenAI establishes $4 billion in credit facilities from top banks including JPMorgan Chase and Goldman Sachs, giving ChatGPT maker access to more than $10 billion in liquidity as it seeks to stay ahead of rivals developing artificial intelligence tools is given.Welcome to Due Diligence, our information session on deal making, private equity, and corporate finance. This article is the on-site version of the newsletter. Premium subscribers can sign up here to receive our newsletter every Tuesday through Friday. Standard subscribers can upgrade to Premium and explore all FT newsletters here. Contact us anytime: Due.Diligence@ft.comIn…
HARRIS COUNTY, Texas (KTRK) — You can find marijuana dispensaries operating openly in almost every community.A search warrant for a chain of more than a dozen stores in the Houston area reveals what police obtained during the sting operation.Pre-rolls and cannabis in colorful packaging. Records say it was sold as legal marijuana, but laboratory tests listed in the warrant indicate otherwise.The owners have been charged with money laundering for selling illegal products at THC clubs, but lawyers say the products are legal due to a loophole.”This issue is on everyone’s radar because it’s not a Texas issue. It’s a national…
Observer Photo by Gregory Bacon Members of the Chautauqua County Planning Commission pictured outside the Jamestown Airport. The Planning Commission toured the airport during its monthly meeting. A study used on the possibility of restoring civil air service to Jamestown has been completed and may soon be available to the public. On Tuesday, the Chautauqua County Planning Commission met with Manager Shannon Barnhart at the Jamestown Airport and presented a five-year plan for both the Jamestown and Dunkirk airports. The plan focuses on maintaining and improving runaway facilities, terminals, and signage. After the presentation, The Post-Journal/OBSERVER asked Barnhart about market…
Sand Canyon Country Club hosted many furries Sunday afternoon at the Titania K9 Foundation’s 8th annual fundraiser themed “Recruited: Wild West Gala” to raise funds for Los Angeles Children’s Hospital’s Dog Therapy Program. Friends were welcomed. Titania K9 Foundation founders Dennis and Mark Kane help children facing illness or injury at the Wanted Wild West Gala, a fundraiser to support Children’s Hospital of Los Angeles’ therapy dog program on Sunday. Holding the superhero Titania and her dog companion K9, who symbolize the superhero spirit within. 092924 Catherine Quezada/Signal Titania K9 Foundation Committee member Dennis Kane created a figurine of the…
When Omaha voters look at their ballots for this election, they will be asked whether to approve the city’s bond in six sections. City officials and Greater Omaha Chamber CEO Heath said the six bond issues are worth a total of $333.4 million, but none of them will raise taxes. Melo. “The city has funds in the existing city budget to pay for these bonds, so there will be no property tax increases associated with the bonds.” It will be specified that the amount of tax collection will not be increased. If passed, the city would have the authority to…
NEW ORLEANS (WVUE) — The Jefferson Parish School System and the teachers union have agreed that teachers and school support workers must receive pay increases. A proposed property tax will be presented to voters in Jefferson Parish on Dec. 7. If the 10.89 million tax proposal is approved, the tax increase will be fully applied.”So this is not a step raise. This is for everyone who falls into those categories. That’s the amount of raise we will receive,” Superintendent James Gray said.The proposed raises would increase the salaries of educators and support staff by several thousand dollars annually.Related article: Jefferson…
‘Where do we go from here?’ Helen could add fuel to Florida’s property and casualty insurance crisis
DECLE BEACH, Fla. (WCTV/Gray Florida Capital Bureau) – Initial damage estimates for Hurricane Helen are more than $500 million, and that number is expected to rise. The Florida Department of Insurance Regulation said people have filed insurance claims worth more than $507 million since Thursday.Those in the path of Hurricane Helen and state leaders are concerned about how the storm will affect the state’s already fragile property and casualty insurance market.Hope Webb spent the weekend cleaning up her Dekle Beach home after Hurricane Helen hit Thursday night. The Category 4 hurricane destroyed her neighborhood just months after Hurricanes Idalia and…
Terry Francona was enjoying retirement, but apparently he wasn’t enjoying it as much as running a business.More than a year after his retirement, the 65-year-old Francona returns to the dugout. On Thursday night, there were numerous reports that Francona was expected to be named the next manager of the Cincinnati Reds. An announcement could be made as early as Friday.Francona, who led the Red Sox to championships in 2004 and 2007, was the manager of the Cleveland Guardians from 2013 until the end of the 2023 season, citing health reasons as one of the reasons for his departure. Francona also…
It wasn’t the best quarter for Kenanga Investment Bank Berhad (KLSE:KENANGA) shareholders, as the share price fell 15%. But the fact remains that shareholders have seen very good returns over the past five years. In fact, the stock price has increased by 104% during that time. So while it’s never fun to watch a stock price fall, it’s important to look at it over a longer period of time. Time will tell whether there is still too much optimism about the current share price.So let’s do some research and see if the company’s long-term performance is in line with the…
Previous studies have found signs of ice in permanently shadowed regions near the moon’s south pole, including areas within the Cabeus, Howarth, Shoemaker, and Faustini craters. A new analysis of data from NASA’s Lunar Reconnaissance Orbiter (LRO) shows there is widespread evidence of water ice outside Antarctica, at least within a permanently shadowed region toward 77 degrees south latitude. Ta. This figure shows the distribution of permanently shadowed regions (blue) toward the moon’s poles at 80 degrees south latitude. They are overlaid on a digital elevation map (gray) of the lunar surface from the Lunar Orbiter Laser Altimeter Instrument aboard…