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Detroit Pistons team owner Tom Gores claps during the press conference on July 30, 2021 at the Pistons Performance Center in Detroit, Michigan. Gores also owns the the National Basketball Association's Detroit Pistons. The private equity founder along with this firm, Platinum Equity, bought the team for $325 million in 2011. The purchase of the Chargers stake is solely by Gores and not affiliated with Platinum Equity. Likewise, the Chargers play in SoFi Stadium, which is also the home of the Los Angeles Rams.
Persons: Tom Gores claps, Tom Gores, Gores, Dea Spanos Berberian, Dean, Alexis, Michael Spanos, Holly, Dean Spanos, Alex G, Berberian, Stan Kroenke Organizations: Detroit Pistons, Pistons, National Football, Los Angeles Chargers, Chargers, Las Vegas Raiders, NFL, National Basketball Association's Detroit Pistons, Platinum Equity, Little Caesars Arena, National Hockey, Detroit Red Wings, Red Wings, NHL, Los Angeles Rams, Rams Locations: Detroit , Michigan, Los Angeles, Oakland , California, SoFi
During its more than 500-year history, the White Lion Hotel has played many roles; as a coaching inn, a venue for upmarket balls and parties, a provincial theater, and now as a house. The driving force behind its latest incarnation as a family home is John Hensley, who bought the building 17 years ago, for about $291,000. The building stands in the small market town of Eye, which is in the county of Suffolk, about 100 miles east of central London.
Persons: John Hensley Organizations: Lion Locations: Eye, Suffolk, London
From the street, Anne Spratling and John Ayris’s home looks like a classic English country house. But its backyard holds a secret. The couple have doubled the size of their roughly 200-year-old house by wrapping a pair of ultramodern additions around it. Ms. Spratling, 56, and Mr. Ayris, 55, bought Vicarage Farm, a late Georgian-era farmhouse set on 8 acres of land, in 2015. The house is in a village around 4 miles from the English seaside town of Hythe and about 65 miles southeast of central London.
There was a time when being a property millionaire, with a home worth north of £1 million—or about $1.186 million—meant something in the British capital. Today, not so much. The average resale home, not including new builds, in London has a sale price of £537,510, or roughly $637,200, according to British government data. But owning a seven-figure property in the nation’s capital is becoming increasingly commonplace. According to research by estate agent Hamptons, the average sale price of homes in 41% of all London’s 283 postal codes was £1 million or more as of November 2022.
Hundreds of companies, though, decamped, calculating that the looming threat of sanctions ratcheting up and reputational risk warranted an exit. Prof. Sonnenfeld and Mr. Tannebaum both have been personally sanctioned by Russia, which has accused critics of engaging in a “Russophobic” campaign. “Countries continue to rely on those tools for foreign policy. The Russia sanctions have functioned as a “wake-up call” to the C-suite, Mr. Smith said. The use of coordinated sanctions, both in Russia and as a broader foreign policy tool, doesn’t seem to be going away, experts agreed.
Russia’s invasion of Ukraine a year ago prompted a volley of tough sanctions from the U.S. and its allies, a historic use of economic measures that will likely have lasting implications for businesses. Hundreds of companies, though, decamped, calculating that the looming threat of sanctions ratcheting up and reputational risk warranted an exit. “Countries continue to rely on those tools for foreign policy. The Russia sanctions have functioned as a “wake-up call” to the C-suite, Mr. Smith said. The use of coordinated sanctions, both in Russia and as a broader foreign policy tool, doesn’t seem to be going away, experts agreed.
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