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Testimonials

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Sandro Rosell
FC Barcelona President
Thursday, July 20, 2017

Business

From 2015 to early 2016, the Israeli bond market heartily welcomed U.S. developers and their investments. Hundreds of millions of dollars were raised, and the Tel Aviv Stock Exchange became known as a viable source of funding for U.S. projects, particularly at a time when EB-5 was having legislative obstacles. Then the Urbancorp fiasco put a halt to all the merriment. In late 2015, the Canadian condominium developer raised $48 million on the Tel Aviv Stock Exchange. In April 2016, it filed for bankruptcy protection, and the Israel Securities agency suspended trading of its bonds. Apparently the firm had failed to disclose that it was severely overleveraged and facing major difficulties back in Toronto. Israeli investors balked and began

Amazon CEO Jeff Bezos sold almost $1 billion in Amazon Stock last week in order to fund his rocket company Blue Origin, reports the Post.

According to the Securities and Exchange Commission, the Seattle based company reaped $940.74 million from selling the stock—about $700 million after taxes—the most lucrative sale yet for Amazon, reports Forbes.

According to Bloomberg, the shares ranged in price from $935 to $950 and Bezos still owns the most of Amazon’s stock with 79.9 million shares, or

In an attempt to halt a severe defect of customers, Verizon Communications Inc. is sacrificing their bottom line and offering customers more data for lower prices.

The nation’s largest carrier by subscribers has posted quarterly net losses of wireless subscribers for the first time ever, during this year’s first three months. This shows how serious the damage of competitors T-Mobile US Inc. and Sprint Corp.’s revivals have had on Verizon wireless.

In February, in an attempt to regain

Klaus Kleinfeld, the Chief Executive of Arconic Inc, sent a letter to Elliott Management Corp. last week, which was not approved by his company board and which cost him his job. Arconic Inc, the US specialty metals maker which is traded on the NYSE, has been involved in a proxy war with Elliott management. Mr. Kleinfeld took it upon himself to criticize Elliott's board members again.  Elliott’s president, Paul Singer, immediately complained to Arconic’s board. Mr. Singer said it viewed the

In October 2016, SpaceX and Tesla founder Elon Musk unveiled Powerwall II, a new high-performance rechargeable battery powered by a solar roof. These tinted-tile solar shingles mimic the look and feel of traditional roofing materials, replacing the bulky silicon panels that have been the norm.

“The goal is to have solar roofs that look better than a normal roof, generate electricity, last longer, have better insulation and actually have an installed cost that is less than a normal roof plus