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BAINBRIDGE, Ga. (AP) — Some local residents and an animal-rights group are protesting plans for a monkey-breeding facility in southwest Georgia. Political Cartoons View All 253 ImagesThe Bainbridge facility would provide a domestic source of monkeys to offset imports, the company said. “PETA urges Bainbridge officials to withdraw their support and shut down this project before a shovel hits the dirt," she wrote. The company and local officials said the nonprofit and community's concerns are baseless. Local officials in December agreed to property tax breaks for the project — waiving them for the first 10 years and then gradually decreasing tax breaks until they end after 20 years.

Persons: didn’t, Charles River, we’d, ” Ted Lee, Lisa Jones, Engel, ” Jones, Bainbridge, Rick McCaskill, ” McCaskill Organizations: Council, Medicine, Charles River Laboratories, PETA, Development Authority of, Local Locations: BAINBRIDGE, Ga, Georgia, Bainbridge, Cambodia, Brazoria County , Texas, Houston, U.S, Development Authority of Bainbridge & Decatur County

☆ Rivian to raise nearly $15 bln in debt for EV plant in Georgia
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

The Rivian name and logo are shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. REUTERS/Mike Blake Acquire Licensing RightsNov 13 (Reuters) - Rivian Automotive (RIVN.O) plans to raise nearly $15 billion in debt to help build an electric vehicle manufacturing plant in Georgia, the EV maker said on Monday. The company has agreed to pay a minimum of nearly $300 million in property tax payments through 2047. Rivian had said in 2021 that it plans to set up the Georgia plant and had said at the time that it would be commissioned by 2024. The new plant will employ more than 7,500 people and eventually build 400,000 vehicles a year.

Persons: Mike Blake, Morgan, Newton, Rivian, Anirudh, Rashmi Organizations: REUTERS, Rivian, Georgia Department of Economic, Joint Development Authority of, Thomson Locations: San Diego , U.S, Georgia, Joint Development Authority of Jasper, Walton, Bengaluru

☆ Exclusive: India's LIC plans investment exposure caps post Adani share rout
▼ + stars: | 2023-03-24 | by ( Nikunj Ohri | ) www.reuters.com time to read: +3 min

After the Adani group lost over $100 billion in valuation post scathing allegations by U.S.-based Hindenburg Research, state-run LIC was criticized for having over $4 billion exposure to companies from the group. "LIC is looking to have 'boundary conditions' on its investments that would limit its exposure to scrips," said the source. The caps, once approved by the LIC board, would further limit the insurer's exposure. The move is aimed at strengthening investment strategies, and fence LIC from public criticism of its investment decisions or exposure to entities like the Adani group, the second source said. LIC had invested 301.2 billion rupees in shares of Adani group companies, and has a debt exposure of 61.82 billion rupees.

☆ A luxury campground concept could leave guests floating between 2 mountains over 330 feet above ground — see how
▼ + stars: | 2023-01-07 | by ( Brittany Chang | ) www.businessinsider.com time to read: +3 min

Dubai-based Ardh Architect has designed a glamping site with tents suspended between two mountains. The two-person tents could start at an estimated $300 per pod. Instead of tents pitched in the dirt, the architecture studio's design features tents suspended almost 330 feet above the ground and between two mountains. Arqui9/Ardh ArchitectIf approved, the hanging campsite will have 10 two-person tents with the option for additional or fewer "pods." These motorized pods can then be individually lowered and raised, hanging about 328 feet off the ground depending on wind conditions.

☆ Singapore's mortgage costs are rising — but some buyers are shrugging off higher rates
▼ + stars: | 2022-10-27 | by ( Abigail Ng | ) www.cnbc.com time to read: +6 min

The rising cost of borrowing is unlikely to have a major impact on Singapore's property market, analysts told CNBC. Ore Huiying | Bloomberg | Getty ImagesSINGAPORE — The rising cost of borrowing is unlikely to have a major impact on Singapore's property market, analysts told CNBC. Singapore's real estate market is backed by wealth, according to Christine Li, head of Asia-Pacific research at Knight Frank. Demand driversHowever, it doesn't mean the residential property market ignores rising rates and looming risks, said Alan Cheong, executive director of research and consultancy at Savills. "However, past trends indicate that our property market is highly resilient and usually rebounds within six months of a cooling measure," she said.

The South Dakota Housing Development Authority offers financial assistance to first-time homebuyers. Requirements for the state and non-profit homebuyer programs vary by county and household size. The South Dakota Housing Development Authority (SDHDA) and local non-profit organizations have several homebuyer programs and resources that can help you during the homebuying process. SDHDA First-time Homebuyer ProgramThe SDHDA First-time Homebuyer Program is a state program that may help you get a fixed-rate government-backed mortgage if you wouldn't normally qualify with a private lender. How to determine whether you fall below the South Dakota Housing LimitThe South Dakota Housing Income Limit depends on which county you reside in and the size of your family.

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