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This article was produced for ProPublica in partnership with Northern Journal and the Anchorage Daily News. Sign up for Dispatches to get stories like this one as soon as they are published. Reporting Highlights High Stakes: The $80 billion Alaska Permanent Fund helps pay for government services and sends annual dividend checks to Alaskans. Failed Investment: After fund trustees decided to invest in companies with Alaska ties, more than $29 million went into a deal with Peter Pan Seafood. The investment became a total loss. Warning Signs: Our investigation found that the Permanent Fund’s leadership and its hired management firm…
The real estate franchisor set a cap for the fiscal year, adding up losses, revenues and closed transaction volumes in the fourth quarter of 2024. Luxury was better than the general market. Inman on Tour: Increase the volume of real estate success in Nashville! Connect with industry pioneers and top speakers, gain powerful insights, cutting-edge strategies and valuable connections. Increase your business and achieve your most audacious goals – all with Music City Magic. Sign up now. The real estate franchisor generated $5.7 billion in revenue overall in 2024, an increase of $56 million a year, and will close with…
L&D Manager’s Guide to Equipped with AI AI is currently a hot trend in L&D. It puts the industry on hold and everyone is doing their best to find a way to effectively utilize AI as the magic wand it is promised. But introducing changes to an organization that has a set way of doing things brings a response from completely denialing its need for a barely disguised concern about motivation. If you view AI as an organization’s tangible, changing power, you need to realize that this wave is coming to you. The penetration of AI across functions is a…
Check out the companies that make headlines before the bell. Robinhood – The digital trading platform won 13% after reporting revenue exceeding expectations for the fourth quarter. Robinhood recorded $10.1 billion in that period, with an LSEG consensus estimate of more than $944.6 million. MGM Resort – Resort and casino stocks jumped nearly 10%. The company had expected a top line of $43.5 billion in revenue for analysts in the fourth quarter voted by LSEG to a top line of $4.27 billion. Reddit – Stocks fell 8% after Reddit user numbers fell below analysts’ forecasts in the fourth quarter. Daily…
L&D staff expansion The clock collides at 9am. Your email is overwhelmed by the coming project dates, and you are short on three educational designers who are the only person in the whiz of VR content and the team skilled at updating LMS. Sounds like a drill you did before, right? The augmentation of staff may not look like a hero in a flashy suit, but in this case it is almost a lifesaver. Over time, this strategy quietly shifted from tactical fixes in many organizations to long-term growth enablers. As someone who works at the intersection of learning innovation…
Propublica is a nonprofit newsroom that investigates power abuse. Sign up and receive the biggest story as soon as it’s published. Four and a half years ago, the newly formed business enterprise purchased a low-income residential complex with 264 apartments in Phoenix. The property received more than $4 million in federal tax credits and was instead considered to remain affordable for decades. The company has since used legal loopholes that stripped its affordable protection from its apartments. The pilot seemed to have had an advantage for the company, buying the property for less than $20 million and flipping it over…
Whether you are buying or selling your home or renovating it, it is essential to understand how to calculate your square feet in your home. Area determines the value of the property, tax valuation, and even the amount of flooring and paint required. However, measuring the size of a home is not as easy as it looks. Some areas count towards total area area, but others, such as garages and unfinished basements, may not. For example, cities like San Francisco and Chicago can affect what local building codes count as livable spaces. This Redfin guide explains how to accurately measure…
Propublica is a nonprofit newsroom that investigates power abuse. Sign up and receive the biggest story as soon as it’s published. On Thursday, the Supreme Connections database was updated with new disclosures, adding a 2023 filing by Justice Samuel Alito and eight previously missing disclosures from Justice Clarence Thomas dating back to the 1990s. Supreme Connections is a database that allows anyone to easily view judicial financial disclosures and search for connections with people and businesses that have mentioned them. This update includes Alito’s 2023 disclosures. This was released in August after receiving the extension. These filings were previously unavailable…
If you want to create a wave in the markets you serve, get both your business plan and your team culture right, writes agency Juliet Crup. Inman on Tour: Increase the volume of real estate success in Nashville! Connect with industry pioneers and top speakers, gain powerful insights, cutting-edge strategies and valuable connections. Increase your business and achieve your most audacious goals – all with Music City Magic. Sign up now. Having spent years observing, learning and leading the real estate sector, the key to dominating the market is a blend of strategic vision, a deep understanding of team dynamics,…
Chris Ratcliffe | Bloomberg | Getty ImagesBritish Bank Barclays on Thursday recorded an increase in full-year pre-tax profits that came just before analysts’ expectations, and began repurchasing £1 billion ($1.25 billion) of shares.According to LSEG, pre-tax profit rose 24% in 2024 to surpass £80881 billion. Net income attributable to shareholders also rose 24% to £531.6 billion in 2024, but fell short of the expected £5.449 billion by analysts. Attributable profit for the fourth quarter was £965 million, below the analyst’s outlook of £994 million for that period.The lenders’ total revenues reached up to £69.6 billion in the three months leading…