Tag Archives: deemed

[Source] The construction of a Chinese-owned corn mill in North Dakota will likely be halted after the U.S. Air Force flagged it as a “significant threat to national security.” Fufeng Group, an MSG and xanthan gum manufacturer based in Shandong province, China, previously bought 370 acres of farmland in Grand Forks through its American subsidiary. The city council approved the company’s $700 million proposal to build the mill last year, citing economic development success. However,… Source link

[Source] The construction of a Chinese-owned corn mill in North Dakota will likely be halted after the U.S. Air Force flagged it as a “significant threat to national security.” Fufeng Group, an MSG and xanthan gum manufacturer based in Shandong province, China, previously bought 370 acres of farmland in Grand Forks through its American subsidiary. The city council approved the company’s $700 million proposal to build the mill last year, citing economic development success. However,… Source link

The 2022 midterm elections had the potential to become one of the biggest days in the sports betting industry, which has been experiencing years of seemingly exponential growth in the market. But Tuesday will likely be when one of the fastest-growing industries in the U.S. gets a reality check, given that two ballot sports betting measures in California that are expected to fail. California voters will be asked to decide on Proposition 26, which would allow in-person sports gambling on tribal… Source link

Famed short-seller Carson Block raised the alarm on special purpose acquisition companies (SPAC) at the height of their activity, building his bets while warning retail investors about “a scam” in the market. Now, the CEO of investment research firm Muddy Waters Capital is starting to see the reckoning. Since raising a record $144 billion through 613 blank check IPOs last year, investors have begun to turn on these companies, in the face of poor returns and choppy market conditions. From… Source link

A suspicious package that prompted Mountain View police to evacuate a Google building and summon the Santa Clara County bomb squad was not dangerous, and the building was being cleared and reopened Friday afternoon, authorities said. The Google building, in the 2000 block of Casey Avenue,is not on the main Google campus. … Source link