Author: IA PressRoom

The McNeal Mansion, located in Burlington, New Jersey, is a ghost of its former grandeur. The 10,000-square-foot mansion was damaged over the years by fires and nature taking over. The decrepit property was captured in a photo series by photographer Richard Lewis. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app When the McNeal Mansion was built in 1890 as a family home for New Jersey industrialist Andrew McNeal, it was one of the grandest in the area.Today, the large 10,000-square-foot home in Burlington, New…

The writer is chair of Rockefeller InternationalEuropean markets have received a big lift from the global boom in luxury sales — a piece of unambiguously good news for the region. Nonetheless this success story also raises a troubling question: has Europe become too reliant on a sector many see as a symbol of decadence? Contrast Europe to the US, where over the past 12 months 10 of the biggest tech firms accounted for 65 per cent of stock market returns — which is itself an alarming sign of industry concentration. The similar signs of concentration are even more concerning in Europe. There,…

© Reuters. FILE PHOTO: Willie Walsh, Director General of the International Air Transport Association, takes part in a panel discussion at the International Air Transport Association’s (IATA) Annual General Meeting in Boston, Massachusetts, U.S., October 5, 2021. R ISTANBUL (Reuters) – Airlines said on Sunday they are ready to avoid a repeat of last year’s travel chaos, but warned that some flights could still be disrupted by controller strikes and hit out at schemes that force them to pay compensation for unavoidable delays. “I am reasonably confident that we’ll be able to get through this peak summer without too much…

© Reuters. By Davit KirakosyanHere is your Pro Recap of the biggest insider trades and hedge fund actions you may have missed this week: news out of Under Armour and BDT Capital, Occidental Petroleum and Berkshire Hathaway, and top brass buys at Grocery Outlet, Align Technology , and CNX Resources.InvestingPro subscribers got this news first. Never miss another market-moving headline.Under Armour founder Kevin Plank sells $100 million of stock Under Armour (NYSE:) announced that BDT Capital Partners acquired around 16 million class C shares of Under Armour stock from Kevin Plank, the Executive Chair and Brand Chief. The current value…

Warning: WMPN is at high risk of cutting its dividend

Federal Reserve Board Chair Jerome Powell was clear in his preference to pause the rate hikes after … [+] the last Fed meeting. The jobs report looks mixed enough to allow the Fed cover to stick with the wait-and-see plan and reconsider in July. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)AFP via Getty Images One could be forgiven for thinking that last Friday’s headline showing the U.S. economy created a much larger-than-expected 339,000 jobs in May would send stocks lower rather than higher. After all, the Federal Reserve has been relentlessly increasing short-term interest…

Have you ever received a piece of news that instantly transported you into the future and changed the way you saw everything in the present? In mid-March, I was checking in with my wife by phone from a hotel room in Atlanta following the first completed day of my new job, and I could tell something was off. After some coaxing, she acknowledged she needed to share something, but she wanted to wait until I got home. She wanted me to keep a clear head for the new gig. Two more days. But you know I couldn’t wait for that.…

A severe shortage of cancer therapies is forcing thousands of patients to miss life-saving treatments, several leading healthcare organisations have warned.There are 14 oncology medicines listed “in shortage” by US regulators, including the generic chemotherapy drugs cisplatin and carboplatin, which are first-line treatments for many common types of cancer. Julie Gralow, chief medical officer at the American Society of Clinical Oncology, said hospitals were already rationing some drugs and doctors were being forced to make difficult decisions about delaying chemotherapy treatment or using substitute medicines, which may not be as effective.“The concern there, of course, on the part of patients…

© Reuters. By Louis Juricic and Sarina Isaacs Investing.com — Here is your weekly Pro Recap on the biggest headlines out of a big earnings week for tech: Investors are disappointed by Salesforce and HP; Broadcom and Dell hearten the market; Amazon denies report of its plans to enter the wireless-services game. InvestingPro subscribers get tech headlines like these in real time. Never miss another market-moving alert.Soft guidance at SalesforceSalesforce (NYSE:) shares slumped 4.7% on Thursday even after the company reported . Analysts say the stock sold off because Salesforce revenue outperformance was below historical trends, and it also missed…

Source: AdobeStock / Rafael HenriqueNow-defunct crypto lender Celsius Network has caused a stir with changes in its ETH staking strategy, exacerbating the already elongated queue to activate new validators on the Ethereum network. Over a period of two days, Celsius transferred ETH into staking contracts after redeeming nearly $813 million of staked ETH from Lido Finance. The company has deposited $745 million of ETH since early June, according to data provided by Arkham Intelligence. Tom Wan, analyst at crypto investment product manager 21Shares, noted that the transfers have stretched the already long queue to establish new validators on the Ethereum network. “If Celsius decided to…