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5 mentions found


☆ The key to fighting the urban doom loop might be a downtown beach
  + stars: | 2023-11-18 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +10 min
Urban rivers, lakes, and parks can also be the key to making cities more resilient to climate change. The 1,200 tons of sand near Greenwich Village along the Hudson river would have to do. But there's no public pool nearby, and no sanctioned river swim spots in the city. The sandy bluff on Gansevoort peninsula is part of the much larger Hudson River park and looks out over Little Island, a whimsical, highly instagrammable transformation of Pier 55. Seattle has torn down an elevated freeway downtown to make way for a waterfront park.
Persons: Mia Olis, Olis, they'll, Amanda Weinstein, Hudson, Karin Balow, Eliza Relman, Bill O'Leary, Trey Sherard, It's, vVJ9elwcss, Sherard, Charles, satchel, Paris, Anne Hidalgo, he's Organizations: Service, University of Akron, Hudson, Inwood, New, Battery, Park, DC, Navy, Nationals, Anacostia, Prince, AFP, Agency, Army Corps of Engineers, Yacht Locations: Chelsea, Hawaii, Greenwich Village, Harlem, New York, Rivers, Upper Manhattan, Manhattan, Jersey City, New York City, Hudson, Little, Manhattan's, Brooklyn, Domino, Queens, Governor's, . Cleveland , Ohio, Lake Erie, Cuyahoga, . Seattle, Potomac, Anacostia, Washington , DC, Prince George's County , Maryland, Rio de Janeiro, Brazil, Iraja, Black, Boston, Switzerland's, Zurich, Lake Zurich, Bern, who's, American
☆ Apartment prices in Zurich are skyrocketing, with property being seen as 'concrete gold'
  + stars: | 2023-09-22 | by ( Grace Dean | ) www.businessinsider.com   time to read: +3 min
Apartments in Zurich cost around $19,000 per square meter, according to data from Properstar. Transaction prices for apartments in the Zurich region rose 42.3% between 2013 and 2022. UBS said Wednesday that there was a perception of property in the city as "concrete gold." Renting an apartment in the city, meanwhile, cost around 47 Swiss franc ($58) per square meter, according to the Properstar data. UBS said in its Global Real Estate Bubble Index 2023, released Wednesday, that an increasing number of high-income earners and ultra-low interest rates in recent years had helped push up property prices.
Organizations: UBS, Service, Bloomberg, Henley & Partners, Wüest, Swiss National Bank ., Swiss, Google Locations: Zurich, Properstar, Wall, Silicon, Swiss, London, Lake Zurich, Switzerland
☆ We're selling shares of this retailer on the back of a recent surge
  + stars: | 2023-06-14 | by ( Zev Fima Jim Cramer | Zev Fima | Jim Cramer | ) www.cnbc.com   time to read: +2 min
We're selling 11 shares of Costco Wholesale (COST) Wednesday, at roughly $527 each. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 75 shares of COST, decreasing its weighting in the portfolio to 1.41%, from 1.62%. Costco Wholesale stock has been on a solid run lately, advancing about 9% since the company reported quarterly earnings in late May. With this sale, we're also downgrading Costco stock to a 2 rating , meaning we would wait for a pullback before buying up more shares. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, we're, Jim Cramer, Jim, Tim Boyle Organizations: Costco Wholesale, Costco, CNBC, Bloomberg, Getty Locations: Lake Zurich, Ill
☆ Switzerland wakes to new era after historic bank merger; employees 'shocked'
  + stars: | 2023-03-20 | by ( Tom Sims John Revill | Tom Sims | John Revill | ) www.reuters.com   time to read: +4 min
Reuters Graphics Reuters GraphicsThe Swiss Bank Employees Association, in a statement to Reuters, demanded that UBS keep job cuts to an "absolute minimum". The statement underscores the sense of unease in Switzerland, with its reputation as a global financial center on the line. Green Party lawmaker Gerhard Andrey said that Credit Suisse is "such a visible institute". "A few months ago, nobody would have thought that Credit Suisse would fail. "But also that we are upholding the reputation of the Swiss financial centre."
☆ UBS mulls takeover of Credit Suisse with possible Swiss government guarantees
  + stars: | 2023-03-18 | by ( John O'Donnell | ) www.reuters.com   time to read: +3 min
The people said that UBS was coming under pressure from the Swiss authorities to carry out a takeover. UBS, Credit Suisse, and Switzerland's financial regulator FINMA declined to comment when approached by Reuters. Regulators have urged Credit Suisse Group to pursue a deal with Swiss rival UBS as the troubled bank began a make-or-break weekend after some rivals grew cautious in their dealings with it. The turmoil at Credit Suisse has put another dent in the Swiss reputation for financial stability on which UBS depends. Any tie-up would be one of the biggest since the global financial crisis.
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