Spinoff

Technology

Honeywell Will Spin Off Advanced Materials Unit to Focus on ‘Megatrends’

Photo by Scott Ritchie via CC BY-SA 4.0

Honeywell plans to spin off its advanced materials unit as a publicly listed company so it can prioritize “megatrends.”

1 min read

Photo by Jp Valery via Unsplash

Advisor Upside

Ads Featuring Burning Dollar Bills? UK Watchdog Says Nope

The UK Advertising Standards Authority said Wahed Invest can no longer run posters with flaming US and EU bills.

1 min read
Photo by Jorge Salvador via Unsplash

International Economics

Spain Slaps 100% Property Tax on Non-EU Buyers

It’s part of a collection of measures to address the country’s housing crisis, Spain’s Prime Minister Pedro Sánchez says.

1 min read
Photo by Senate Democrats via CC BY 2.0

Hedge Funds

Bill Ackman’s Pershing Square Wants to Be the Next Berkshire

Pershing Square has announced a formal bid for Howard Hughes, the real estate developer where Ackman served as chairman for over a decade.

2 min read

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