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Off-Duty ICE Agent Faces Misdemeanor Battery Charge After Illinois Gas-Station Confrontation
us-news1 month ago

Off-Duty ICE Agent Faces Misdemeanor Battery Charge After Illinois Gas-Station Confrontation

An off-duty ICE agent, Adam Saracco, was charged with misdemeanor battery in Brookfield, Illinois, after allegedly shoving immigrant-rights activist Robert Held during a confrontation at a gas station while Held filmed; Held said the agent grabbed his phone but no serious injuries occurred. The Cook County State's Attorney declined felony charges and pursued a misdemeanor; Saracco's court date is in March. The case comes amid ongoing anti-ICE protests near the Broadview Processing Center and highlights the rarity of local prosecutions of federal immigration agents; DHS did not comment.

via The New York Times|
#battery#brookfield#ice
Google invests billions in AI-driven clean energy and infrastructure
business7 months ago

Google invests billions in AI-driven clean energy and infrastructure

Google is investing over $3 billion in hydroelectric power from Brookfield to supply its data centers, aiming to potentially quadruple the energy supply, supporting its goal of carbon-free power and addressing the high electricity demand of hyperscalers. This deal, part of a broader $70 billion AI and energy investment initiative, is the largest corporate hydroelectric power deal and aims to secure up to 3,000 MW of hydropower across multiple US regions, enhancing renewable energy integration and grid stability.

via Bloomberg|
#brookfield#business#data-centers
Bill Ackman Invests $2.2 Billion in Two Major Stocks
finance1 year ago

Bill Ackman Invests $2.2 Billion in Two Major Stocks

Billionaire investor Bill Ackman has invested $2.2 billion in Nike and Brookfield through his hedge fund, Pershing Square. Ackman increased his stake in Nike after its disappointing fiscal 2025 outlook, betting on its brand strength and potential recovery. He also invested heavily in Brookfield, attracted by its diverse business portfolio and strong historical returns. Ackman believes both stocks offer significant long-term growth potential, with Brookfield's management projecting substantial free cash flow growth and a significant increase in stock value over the next five years.

via The Motley Fool|
#bill-ackman#brookfield#finance
Bill Ackman Makes Bold Moves with Major Investments in Brookfield and Nike
finance1 year ago

Bill Ackman Makes Bold Moves with Major Investments in Brookfield and Nike

Billionaire investor Bill Ackman has invested $2.2 billion into Nike and Brookfield through his hedge fund, Pershing Square. Ackman increased his stake in Nike after its disappointing fiscal 2024 results, betting on its brand strength and potential recovery. He also invested heavily in Brookfield, attracted by its diverse business portfolio and strong historical returns. Ackman believes both companies are undervalued and poised for long-term growth.

via Yahoo! Voices|
#bill-ackman#brookfield#finance
Bill Ackman Makes Bold Moves with Major Investments in Brookfield and Nike
finance1 year ago

Bill Ackman Makes Bold Moves with Major Investments in Brookfield and Nike

Billionaire investor Bill Ackman has significantly increased his stake in Brookfield, making it the top holding in his hedge fund, Pershing Square Capital. Brookfield, a Canadian investment manager with diverse operations in asset management, wealth solutions, and operating businesses, is seen as undervalued with strong growth potential. CEO Bruce Flatt, known for his value investing approach, has led the company to outperform the S&P 500 and Berkshire Hathaway over the past 20 years. Ackman's investment is viewed as a strategic move to capitalize on Brookfield's projected growth and undervaluation.

via The Motley Fool|
#asset-management#bill-ackman#brookfield
Origin Energy's $10.6 bln bid from Brookfield set to collapse on Monday
business2 years ago

Origin Energy's $10.6 bln bid from Brookfield set to collapse on Monday

Brookfield's consortium bid of $10.6 billion for Australia's Origin Energy is expected to fail on Monday as investors are anticipated to vote against the acquisition. Origin's shares dropped to a nine-month low ahead of the vote, indicating investor expectations of the bid being rejected. AustralianSuper, the largest shareholder of Origin, has already stated its intention to reject the offer. The bid requires at least 75% support from the votes cast, and with AustralianSuper owning about 17% of Origin, it should be enough to block the acquisition. If the bid fails, the market is not expected to be significantly impacted, but there could be potential upside if the consortium returns with a hostile off-market offer.

via Reuters|
#australiansuper#bid#brookfield
Origin Energy's $10.6 bln bid from Brookfield set to falter on Monday
business2 years ago

Origin Energy's $10.6 bln bid from Brookfield set to falter on Monday

Brookfield consortium's $10.6 billion bid for Australia's Origin Energy is expected to fail on Monday as the largest shareholder, AustralianSuper, plans to reject the offer. The bid requires at least 75% support from the votes cast at the investor meeting, and AustralianSuper's 17% stake should be enough to block it. Origin Energy's board has already rejected a revised back-up bid from the consortium, and the company's shares closed at their lowest point in about nine months.

via Yahoo Finance|
#australiansuper#bid#brookfield
UAE's $30 Billion Climate Fund Bridges Global Climate Finance Gap
climate-change2 years ago

UAE's $30 Billion Climate Fund Bridges Global Climate Finance Gap

The United Arab Emirates (UAE) has pledged $30 billion to a new climate-oriented fund called Alterra, with BlackRock, Brookfield, and TPG as launch partners. The fund aims to attract $250 billion in investments by 2030 and will focus on improving access to financing for developing nations and directing private markets towards climate investments. The announcement was made during the COP28 climate summit in the UAE, where the country has faced scrutiny over its energy transition intentions. The fund will be chaired by Sultan al-Jaber, President of COP28 and CEO of Abu Dhabi National Oil Company, and overseen by Abu Dhabi-based asset manager Lunate.

via CNBC|
#alterra#blackrock#brookfield