Reserve

In 2016, Michael Dell paid $10.9 million for a Boston penthouse; 10 years later the barely used 4,100-sq-ft home is going to auction with a $6.5 million reserve

by
In 2016, Michael Dell paid $10.9 million for a Boston penthouse; 10 years later the barely used 4,100-sq-ft home is going to auction with a $6.5 million reserve

Billionaire tech executive Michael Dell is putting his little-used Boston penthouse up for auction with a minimum reserve price of $6.5 million (£4.9 million), ten years after buying the high-rise home. The founder and CEO of Dell Technologies paid $10.9 million for the 4,100-square-foot residence in 2016 through a limited liability company, according to property … Read more

‘Gift from Venezuela’: Donald Trump says oil deal will help refill ‘virtually emptied’ US strategic reserve

by
‘Gift from Venezuela’: Donald Trump says oil deal will help refill ‘virtually emptied’ US strategic reserve

Donald Trump said the process of refilling the reserve would begin shortly US President Donald Trump on Sunday said oil secured under a recently announced deal with Venezuela would be used to replenish the Strategic Petroleum Reserve (SPR), which has been drawn down sharply in recent years amid global supply disruptions and high fuel prices.In … Read more

A small Scottish town raised £6 million to buy 10,500 acres from a major landowner; its new nature reserve is now restoring 190 hectares of degraded peatland

by
A small Scottish town raised £6 million to buy 10,500 acres from a major landowner; its new nature reserve is now restoring 190 hectares of degraded peatland

When people in the small Scottish town of Langholm set out to raise £6 million, they were not simply trying to buy a piece of countryside. Their campaign secured 10,500 acres and helped create the community-owned Tarras Valley Nature Reserve, turning an ambitious local vision into one of the region’s largest community-led conservation efforts. Now, … Read more

Kevin Warsh-Donald Trump conversation: Report raises concerns over Federal Reserve independence; POTUS speaks out

by
President Donald Trump has confirmed that he recently spoke with Federal Reserve Chair Kevin Warsh. The president, however, dismissed reports that suggested the two have been in regular contact since Warsh took over the central bank in May. (REUTERS/Jonathan Ernst/File Photo)

President Donald Trump has confirmed that he recently spoke with Federal Reserve Chair Kevin Warsh. The president, however, dismissed reports that suggested the two have been in regular contact since Warsh took over the central bank in May. President Donald Trump has confirmed that he recently spoke with Federal Reserve Chair Kevin Warsh. The president, … Read more