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CHAPEL HILL, N.C. (AP) — Walter Davis, a five-time NBA All-Star who had his number retired by the Phoenix Suns, has died. Davis was star in college for North Carolina where he played for the late Dean Smith. It was North Carolina, where Davis' nephew Hubert Davis is the Tar Heels' basketball coach, which announced Water Davis' death Thursday. The school's release said Walter Davis died Thursday morning of natural causes while visiting famil y in Charlotte, North Carolina. Walter Davis, from Pineville, North Carolina, is part of the North Carolina Sports Hall of Fame.

Persons: — Walter Davis, Davis, Dean Smith, Hubert Davis, Water Davis, Walter Davis, famil, Phil Ford, Sam Perkins, Tyler Hansbrough, ___ Organizations: Phoenix Suns, North, Heels, Water, Phoenix, NBA, Suns, Nuggets, NCAA, North Carolina Sports Hall of Fame Locations: N.C, North Carolina, Charlotte , North Carolina, Denver, Portland, Marquette, Tar Heels, Pineville , North Carolina

☆ Russia's Gazprom says it swings to Q2 net loss as exports to Europe slump
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +1 min

Companies Gazprom PAO FollowMOSCOW, Aug 29 (Reuters) - Russia's Gazprom (GAZP.MM) said on Tuesday it generated a net loss of 18.6 billion roubles ($197 million) in the second quarter of 2023 after a net profit of 1.03 trillion roubles a year earlier following the collapse of gas exports to Europe. Gazprom has suspended the disclosure of its exports data, but according to Reuters calculations, supplies to Europe, once its key source of earnings, were about 15 billion cubic metres (bcm) in January-July compared with 62 bcm for the whole 2022. The Kremlin-controlled company also said its net income for the first six months of the year fell to 296 billion roubles from 2.5 trillion roubles in January-June 2022, while its base for dividend payment reached 618 billion roubles for the period. The company usually pays dividend of 50% of its adjusted net income. ($1 = 94.4250 roubles)Reporting by Vladimir Soldatkin and Oksana Kobzeva Editing by Chris Reese and Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Vladimir Soldatkin, Oksana Kobzeva, Chris Reese, Tomasz Janowski Organizations: Gazprom PAO, Gazprom, U.S, Thomson Locations: MOSCOW, Europe, China

☆ This married real-estate investing couple bought their first house by accident. Now they've built a $19 million 47-unit portfolio over the last 8 years by chasing the 'bread and butter' of multi-famil
▼ + stars: | 2023-04-24 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +12 min

Over the past decade, they've grown their real estate portfolio to 47 units worth $19 million. Both had also had real estate ambitions prior to meeting. According to Simpson, the best way to source deals is also the most obvious — by having a good relationship with real estate brokers. If they intend to sell a property, Simpson and Moore generally only make improvements to between 60% to 65% of the units. In the future, the couple's long-term goals include continuing to grow their real estate portfolio, expanding their coaching business, and eventually handing their own investments full-time.

☆ A 55-year-old who never made more than $52,000 a year built a 25-unit real estate portfolio in 5 years and is now financially independent: 'If I can do it as a basic blue-collar worker raising a famil
▼ + stars: | 2022-10-09 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +14 min

A former cop who never earned more than $52,000 built a 25-unit real estate portfolio. He spends time managing his investments, including a 25-unit real estate portfolio, which Insider verified. Here's how Mark built a 25-unit real estate portfolio in just five years on a salary that never exceeded $52,000 a year. He agreed, called up a real estate agent he knew in the area, and told her he wanted to invest in real estate. "At that time, I had not read any real estate books, I had not watched any YouTube videos, and I really didn't know anything about buying real estate," said Mark.

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