Sells

Conservative Lawyer’s Nonprofit Sells Manhattan Property, Securing Close to 70% in Profits

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New York — A conservative lawyer’s charity organization recently achieved a windfall, selling a Midtown Manhattan townhouse for nearly 70% more than it paid three years ago, a substantial financial gain highlighting the fluctuating dynamics of New York City’s real estate market even amidst economic uncertainties. The company, founded by the lawyer to facilitate conservative legal principles, had acquired the property in 2019 for about $13 million. Profit from real estate investments can vary widely in New York City, where property values are influenced by numerous variables including market trends, locale renovations, and the economic … Read more

Warren Buffett’s Berkshire Hathaway Sells Nearly $1 Billion in Bank of America Shares, Boosting Cash Reserves Amid Major Stock Movements

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Omaha, Nebraska – Warren Buffett’s Berkshire Hathaway has continued to reduce its holdings in Bank of America, with sales nearing $1 billion in recent transactions. The latest disposals involved shedding almost 25 million shares over the past week. This move is part of a broader trend that started in July, when Berkshire began divesting its shares in the bank. Despite these substantial sales, Berkshire Hathaway remains a major shareholder in the Charlotte, North Carolina-based bank, maintaining control of nearly 12% of its stock. This consistent sell-off, however, points to a strategic reshaping of Berkshire’s expansive … Read more

U.S. Government Allegedly Sells Off $600 Million in Bitcoin, Finance Expert Claims Impending Market Shift

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Washington, D.C. — A significant transfer of Bitcoin by the U.S. federal government, estimated at about $600 million, to cryptocurrency exchange Coinbase has sparked debates and speculation among market analysts and investors alike. This move, as noted by finance lawyer Scott Johnsson, may signal a strategic sale of the seized assets, potentially impacting the cryptocurrency market dynamics. The controversy began unfolding when it came to light that on August 14, 2024, the government moved a sizeable Bitcoin cache to Coinbase. This act was initially perceived as a standard procedure aligned with the U.S. Marshals Service’s … Read more

Montreal Parents File $1.5M Lawsuit After Teacher Allegedly Sells Students’ Artwork Online

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Montreal, Canada – A group of parents from Westwood Junior High School in Saint-Lazare, Quebec, have filed a lawsuit against an art teacher and the Lester B. Pearson School Board for alleged copyright infringement. The lawsuit comes after students discovered their classroom artwork being sold on the teacher’s personal website. The parents are seeking $1.575 million in damages and punitive damages, with each plaintiff asking for $155,000. The incident has had a significant impact on the students involved, with one parent stating that her daughter no longer wants to pursue a career in art because … Read more