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“If we’re going to put up affordable housing, we don’t just want to house one family. We want to house five or six or eight or 25 families,” said Minneapolis Mayor Jacob Frey, who has overseen the Minneapolis 2040 plan. Trump campaign national press secretary Karoline Leavitt blamed the higher housing costs on the current administration’s policies, as well as an “unsustainable invasion of illegal aliens.” The campaign broadly said Trump’s housing plan involves freeing up federal land for housing and cutting regulations. Walz, whom Frey said was “committed to the mission” on affordable housing, signed the measure into law in May. We also need to have more active state, local and federal government policies that look to support the housing market.”

Persons: ”, Minneapolis Mayor Jacob Frey, Ben Brewer, Donald Trump, Kamala Harris, Harris, Tim Walz, Karoline Leavitt, It’s, Frey, Hennepin, Ryan Allen, “, ” Allen, Cody Fischer, ” Fischer, ” Jeremy Wieland, Wieland, didn’t, it’s, ” Wieland, Fischer, ’, Walz, University of Minnesota’s Allen, that’s Organizations: National Association of Realtors, Minneapolis Mayor, Currie, Bloomberg, Getty, Minnesota Gov, Trump, Pew Research, NBC, Ford Motor Co, Minn, University of Minnesota, Minneapolis, California Bay Area, Minnesota Environmental, Minnesota Supreme, University of Minnesota’s Locations: MINNEAPOLIS, United States, Minnesota, Minneapolis, U.S, Harrison, Hennepin County, St, Paul, California Bay, San Francisco, Oakland, ”, Northeast Minneapolis, “

☆ Tour this $24 million mansion in Delray Beach, Florida, where home prices have doubled
▼ + stars: | 2024-03-04 | by ( Ray Parisi | ) www.cnbc.com time to read: +7 min

watch nowThe owners of this Florida mansion are asking for $24 million for their almost 11,500 square-foot residence inside one of the most expensive gated communities in Delray Beach, Florida. Over the past five years, the Delray Beach market has more than flourished — it has skyrocketed. "But Delray Beach is, without question, one of the region's premier luxury residential markets." An aerial view of the Rockybrook Estate in Delray Beach, Florida. Here's a look inside the 6 bedroom, 10 bathroom Villa Ananda:Aerial view of 9303 Hawk Shadow Lane in Delray Beach.

Persons: Villa Ananda, Daniel Petroni, Senada Adzem, Villa, Adzem, Steve Cohen, Khalil Mack, Gerry Smith, Romeo Santos, Antonio Neri, Neri, Rockybrook, Douglas Elliman, Krent Wieland, Inson Dubois, Liaigre Organizations: CNBC, Miami, Palm, National Football League, Hewlett Packard Enterprise, Adzem, HP Enterprise Locations: Florida, Delray Beach , Florida, Delray Beach, Manhattan , New York, Miami, Delray, Stone, South Florida, Italy's, Adzem

☆ One-third of the world's captive orcas are in the US, and no one can agree on what to do with them
▼ + stars: | 2023-10-07 | by ( Erin Heger | ) www.businessinsider.com time to read: +12 min

There are 18 captive orcas in the US. Captive orcas can also show signs of chronic stress. Captive orcas can suffer a number of health problems including severe tooth damage. The history of releasing captive orcas in the USOnly one captive orca in the US has ever been released back into the ocean — Keiko, the orca who starred in the 1993 film "Free Willy." Captive orcas can't thrive in small tanks but may not thrive in the wild, either.

Persons: Naomi Rose, Rose, Marcos del Mazo, Monika Wieland Shields, Tilikum, Shields, aren't, Chris Dold, Dold, Keiko, Willy, Colin Davey, Keiko wasn't, Mark Palmer, Palmer, Little Grey, White, Aaron Chown, Lori Marino, Marino, Paul Harris, we've, Serge MELESAN, orcas Organizations: SeaWorld, Animal, Service, Animal Welfare Institute, Orca Behavior, Magnolia Pictures, Miami Seaquarium, Miami Herald, Tribune, Getty, Mammal, PETA Locations: SeaWorld, SeaWorld Orlando, Florida, Mexico City, Oregon, Iceland, Norway, Washington, Caribbean, Nova Scotia

☆ Real-estate investor Guido Nunez has built a portfolio of 150 units across multiple multifamily properties. He shares the refinancing and tax strategies he's used to continually snowball his wealth.
▼ + stars: | 2023-07-27 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

To scale up, he's used the BRRRR method and 1031 exchanges. One example of how Nunez has used the BRRRR method involves a property in Long Beach, California that he bought in 2015. For the 1031 exchange approach, Nunez did the same thing: he fixed up properties, forcing appreciation in them. To allow him keep all of the value he'd built up and not get taxed on it, Nunez used a 1031 exchange and bought other properties. When he believes he's maxed out a properties appreciation, he uses a 1031 exchange as opposed to a cash-out refinance.

Persons: Guido Nunez, he's, Guido Nunez's, Guido wasn't, He's, It's, Nunez, Dave Wieland — Organizations: Capital Locations: Long Beach , California

☆ Germany's economy is stagnating. And these 5 charts show how
▼ + stars: | 2023-07-07 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +6 min

But a faltering gross domestic product isn't the only figure that suggests that the German economy is stuttering. Germany's inflation rate is expected to hit 6.4% for June, according to provisional data from the German statistics office, which is an increase from the 6.1% recorded for May. Expect maybe for the second half that inflation might come down to a certain extent," Joachim Nagel, president of Germany's central bank, the Bundesbank, told CNBC in March. "What the fiscal authority can do in the face of high inflation is to alleviate the pain of inflation on the most fragile citizens," he said. The German economy has already recouped half of the losses in terms of trade incurred over the last two years and the energy crisis," he added.

Persons: Joachim Nagel, Sylvain Broyer, Volker Wieland, Veronika Grimm, Alexander, Universität, Broyer, China's, Robert Habeck Organizations: Anadolu Agency, Getty, CNBC, European Central Bank, Energy, Goethe University, Allianz, Reuters, Friedrich, country's Locations: Germany, Europe, Ukraine, Frankfurt, Universität Erlangen, Nürnberg, China, Beijing

☆ The last survivor of Adolf Hitler's bunker, where the Nazi leader spent his final days, has died at 94
▼ + stars: | 2023-07-01 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Johanna Ruf was a nurse in the Berlin bunker where Nazi dictator Adolf Hitler spent his final days. In 2017, she published her memoir on her time in the bunker as the Red Army advanced in 1945. Ruf died at 94, the Berliner Zeitung reported, citing confirmation from her publisher. The Berliner Zeitung reported that Ruf was also one of the last people to see Goebbels' children before they were murdered by their parents in the bunker. Wieland Giebel, who edited Ruf's book, said that he hoped it provided an insight into what really happened at the time, per Berliner Zeitung.

Persons: Johanna Ruf, Adolf Hitler, —, Hitler, Goebbels, Helmut, Magda, Joseph Goebbels, Wieland Giebel, Reichminister Joseph Goebbels, Bundesarchiv, Eva Braun, Braun Organizations: Red Army, Ruf, Berliner Zeitung, Service, Bund Deutscher Mädel, Hitler Youth, The Times, Reich, Soviet Red Army, Third Locations: Berlin, Hitler's Berlin

☆ Orca attacks on boats aren't out of revenge, killer whale experts say. They're just having fun.
▼ + stars: | 2023-06-17 | by ( Erin Heger | ) www.businessinsider.com time to read: +6 min

"I certainly think orcas are capable of complex emotions," Monika Wieland Shields, director of the Orca Behavior Institute told Insider. And yet, these situations haven't resulted in wild orcas attacking boats, Shields said. Orcas in captivity have attacked and killed humans, but there are no records of orcas killing humans in the wild. The orcas are trying to playAccording to Shields, orcas' natural curiosity and playfulness are likely the cause for these encounters and not revenge. According to Trites, orcas might simply enjoy the sensation of ramming into boats.

Persons: —, they've, Andrew Trites, Sailor Werner Schaufelberger, orcas, Trites, White, Monika Wieland Shields, Suzanne Allee, Magnolia Pictures Shields, Shields, Orcas, that's, Hanne Strager, Strager Organizations: Service, Marine Mammal Research, University of British, Orca Behavior Institute, Magnolia Pictures Locations: Spain, Portugal, University of British Columbia, Canada, Blackfish, Washington

☆ Orcas keep attacking sailboats, sometimes sinking them. Scientists are looking for answers.
▼ + stars: | 2023-05-09 | by ( Joshua Zitser | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

Orcas keep attacking sailboats off the coasts of Portugal, Spain, and Morocco. One sailor shared his encounter with killer whales, after a pod of orcas sank a boat last year. Orca attacks have sometimes immobilized sailboats, but local media said that, in this instance, it caused so much damage that the vessel started to sink. The passengers, who were sleeping at the time of the attack, were traveling from Lisbon to the Algarve, per the local media outlet Portugal Resident. And that number comes from a collaboration of scientists collecting reports, not from local media outlets.

☆ Elite investors and fund managers at the legendary Milken conference warn of a recession and credit crunch
▼ + stars: | 2023-05-04 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Elite money managers overseeing trillions of dollars convened at the 2023 Milken Global Conference in Los Angeles this week. The consensus was clear: they think markets are mispositioned for a scenario where the central bank keeps rates higher for longer. "As our chief economist likes to say," Hunt said, "at higher rates, bodies will continue to float to the top over the course of the summer." And with yet another Fed rate hike officially in the books, financial conditions are only going to get tighter and more companies could be caught off-guard. On Wednesday, West Texas crude dropped more than 4.4%, the steep declines coming the same day as the Fed's rate hike.

☆ How to become a millionaire 'hiding in plain sight': Real-estate wealth manager David Wieland shares the low-risk strategy most of his mom-and-pop clients have used to scale up their portfolios over d
▼ + stars: | 2023-05-03 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Dave Wieland's wealth-management firm Realized works primarily with older real-estate investors who are ready to cash out of the properties they've owned for decades. The portfolio values of his clients differ — some are worth a couple million, while some total $15 million, Wieland said. But the common thread between all of them is that they're mom-and-pop, individual investors who work normal jobs: plumbers, used car salesmen, lawyers. Many of them have also used the same strategy over the years to scale up their portfolios, Wieland said. Work, work, work.

☆ Solenis to take disinfectant maker Diversey private in $4.6 bln deal
▼ + stars: | 2023-03-08 | by ( ) www.reuters.com time to read: +2 min

March 8 (Reuters) - Specialty chemicals maker Solenis will buy disinfectant maker Diversey Holdings Ltd (DSEY.O) in an all-cash deal valued at $4.6 billion including debt, the companies said on Wednesday. It will contribute about 56% of its existing equity into Solenis and sell the remaining to the company for cash. Headquartered in Wilmington, Delaware, Solenis manufactures specialty chemicals used in water-intensive industries and was acquired by Platinum Equity in 2021. In 2021, Diversey became Solenis' distribution partner for its complete portfolio of water and process treatment chemicals to the food and beverage industry. The company plans to finance the deal with a combination of committed debt and equity financing, including contribution from Bain.

☆ A Norwegian guy woke Russian diplomats in Oslo after 2 a.m. with an air raid siren on the anniversary of the invasion of Ukraine
▼ + stars: | 2023-02-27 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

A 73-year-old Norwegian man woke Russian diplomats with an 'air raid siren' late on Friday. His noisy protest in Oslo came on the anniversary of Russia's invasion of Ukraine. He wanted Russians to wake up to the war, he told Norwegian outlet Nettavisen. On Friday night at around 2.30 a.m. local time, Kjetil Krane carried a loudspeaker out to an apartment block known to house workers at Oslo's Russian embassy, Nettavisen reported. In a video shared by Nettavisen, Krane can be seen wearing a T-shirt that says "wake a Russian" in Norwegian as a newly-awoken resident peers out of a window.

☆ German peace activists park rusty tank outside Russian embassy
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +2 min

Berlin, Feb 23 (Reuters) - Activists protesting against Russia's invasion of Ukraine parked a destroyed, rusty tank directly in front of the Russian embassy in Berlin on Friday, bringing a piece of the battlefield to the centre of the German capital. The Russian embassy was not available for comment. They said it was transferred to Germany with the help of the Ukrainian Defence Ministry and the Ukrainian National Museum of Military History. The district office of Berlin's Mitte borough rejected Lenze's and Giebel's application to display the tank last year, citing concerns including road safety. The tank will subsequently tour through Europe and may end up in a German tank museum.

☆ Two Germans parked a mangled Russian tank in front of the Russian embassy in Berlin as an anniversary gift
▼ + stars: | 2023-02-24 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

A ruined Russian tank has been dumped outside the country's embassy in Berlin. The rusted heap appeared as a vivid symbol on the anniversary of Russia's invasion of Ukraine. The gesture came on the first anniversary of Russia's invasion of Ukraine. The destroyed T-72 1B tank sits at an intersection near the embassy on the city's famed Unter den Linden boulevard. A ruined Russian T-72 tank sits on a flatbed truck outside the Russian embassy in Berlin, in February 2023.

A report says Midwest startups took in over $15 billion in funding from July 2021 to June 2022. This list showcases the top investors across the Midwest from cities like Chicago and St. Louis. It hasn't been an easy year for tech startups as valuations have tanked and funding has dried up, resulting in widespread layoffs. For this list, we asked venture capitalists from across the country about the Midwest investors to know. To qualify, an investor needed to be a resident of the Midwest, but their firms and portfolio companies could be anywhere.

☆ A wrecked Russian tank can be put in front of Moscow's embassy in Germany, court rules
▼ + stars: | 2022-10-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

A German group can put a wrecked Russian tank outside the Russian embassy in Berlin, a court said. Project organizer Enno Lenze said he would pick up a tank himself from Ukraine for the display. The road just outside the embassy likely can't support the weight of a massive tank, the court release said, so the which suggested a nearby crossroads for the display. The Russian Embassy in Berlin on September 3, 2022. On Monday, following intense Russian bombardment of Ukrainian cities and energy infrastructure, Germany announced it would send air defense systems, as Reuters reported.

☆ Oak HC/FT-backed Mexican buy now, pay later startup Aplazo expands customer data services with deal to buy Sensai Metrics
▼ + stars: | 2022-10-11 | by ( Emilia David | ) www.businessinsider.com time to read: +3 min

Mexican buy now, pay later startup Aplazo bought data platform Sensai Metrics for an undisclosed amount to improve its merchant network and help brands manage marketing to customers. Aplazo has integrated the Sensai data platform into its system, so merchants using Aplazo can directly access Sensai's machine learning-powered data services like sales figures, marketing performance, and customer demographics. Sensai cofounders Salo Dabbah and Daniela Gorra will join Aplazo as the company's head of growth and product manager, respectively. "Our intention is to help merchants connect to consumers better and have insights that they've never had before," Peña said. "The goal is to help merchants become better providers, which is one of the steps in improving financial literacy in the country," he said.

☆ The pivot to remote work accounted for 60% of the US home-price surge, study says
▼ + stars: | 2022-09-28 | by ( Alcynna Lloyd | Ben Winck | ) www.businessinsider.com time to read: +4 min

The shift to remote work fueled 60% of the pandemic-era home price rally, a new Fed study found. For every percentage point that remote work increased, home values rose 0.9 points, the researchers found. Remote work increased to 16 percentage points from November 2019 to November 2021, according to the study. That implies that remote work alone lifted home prices 15% over that period, and accounted for more than 60% of the overall increase in home values. "This is especially true when we look at the geographical implications of remote work.

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