Virginia Beach recently entered the municipal bond market to secure funding for a surf park development project supported by Pharrell Williams. The Virginia Beach Development Authority successfully priced approximately $189 million in debt, with the bond proceeds going towards the construction of various facilities for the Atlantic Park project. This includes a 3,500-person entertainment venue,
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In an exciting development, Penguiana’s presale for their penguin-themed Solana meme coin has reached a significant milestone, surpassing 1,500 SOL. This achievement highlights the growing interest and enthusiasm surrounding Penguiana within both the crypto and meme coin communities. The project draws inspiration from the playful and communal nature of penguins, aiming to offer more than
The recent vote by Mercedes-Benz workers in Alabama to reject union representation by the United Auto Workers marks a significant setback for the UAW’s organizing efforts. Despite the success of the Detroit union in winning an organizing drive at a Volkswagen plant in Tennessee, the outcome at the Alabama plant demonstrates the challenges faced by
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The recent exit of unprofitable bitcoin miners from the network following the halving has come as a relief to those who remain. This exodus has made it less expensive to produce a single bitcoin. However, the profitability of miners heavily depends on the price of bitcoin, which is currently facing various near-term challenges. According to
The U.S. dollar has seen a slight increase in value in European trade, despite facing a significant weekly fall due to cooling inflation and weak retail sales. The Dollar Index, which tracks the greenback against a basket of six other currencies, is currently trading 0.2% higher at 104.580. This comes after a period of decline
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Chinese authorities have recently announced new measures to support state-owned enterprises in buying unsold apartments, aimed at providing more funding for developers to complete construction on pre-sold properties. This support marks Beijing’s latest effort to address issues in the massive real estate sector. The central bank of China has pledged to provide 300 billion yuan
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