Boosted by two rating upgrades, the Orange County Transportation Authority saw heady demand when it refunded $48.68 million in toll revenue refunding bonds. “It was strong investor demand from the get-go,” said Andy Oftelie, OCTA’s chief financial officer. “There were flurries of interest right from the jump, and we slowly continued to get good activity.”
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In this article BRK.B Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019. Nati Harnik | AP Warren Buffett has made another annual donation to five foundations, boosting his total charitable giving to
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Polygon co-founder Mihailo Bjelic has proposed upgrading the Polygon proof-of-stake (PoS) network to a “zkEVM validium” version, according to a June 20 forum post. If the upgrade is implemented, the new version will rely on zero-knowledge proofs to increase security. HUGE UPDATE ON #Polygon Polygon may go through some huge changes in near future. @MihailoBjelic
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A team of researchers from the Bitcoin Policy Institute, a nonprofit think tank, have roundly rejected the conclusions reached in a 2022 paper claiming that Bitcoin has an intrinsic scaling problem that will lead to limited adoption in the future. According to the Bitcoin Policy Institute’s researchers, the original paper, dubbed “Bitcoin’s Limited Adoption Problem,”
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The construction manager for the beleaguered American Dream mall and entertainment complex in New Jersey’s Meadowlands is suing JPMorgan Chase & Co. to recover more than $30 million of unpaid work and accrued interest for the project. Denver-based PCL Construction Services alleges JPMorgan, which arranged a construction loan and serves as administrative agent for American
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Halfway through watching Grandpa Was An Emperor, a fascinating recent documentary about Haile Selassie, the last emperor of Ethiopia, I was thrown by a minor, but completely unexpected, plot twist. Not long before he was killed in a coup, one of the film’s key protagonists, Ethiopia’s agriculture minister Kassa Wolde Mariam, had appeared on the
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On June 20, cryptocurrency exchange Binance announced that it had commenced operating nodes on the Bitcoin Lightning Network as a crucial step towards integrating it for deposits and withdrawals. In the tweet, Binance acknowledged users who noticed their new Lightning nodes and confirmed their presence. However, Binance highlighted that additional technical work must be completed
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State budget surpluses are boosting transportation investment, with state lawmakers approving nearly $13.5 billion in new transportation funding in the first six months of the year. One-time funding measures, many of which will use bonds, account for half of all the bills that have been introduced this session, according to the American Road & Transportation
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European equities followed Asian stocks lower on Tuesday as investors questioned whether China’s smaller than expected cut to its benchmark lending rate would be sufficient to boost the country’s sluggish economy. Europe’s region-wide Stoxx 600 lost 0.1 per cent, extending its losses from the previous session, while Germany’s Dax was down 0.3 per cent. London’s
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On June 19, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” revealing that cryptocurrency investment products experienced outflows totaling $5.1 million last week. The outflows contributed to the continuation of a nine-week streak of outflows, resulting in a cumulative total of $423 million. The report noted that despite this downward trend,
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