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  2. Blackstone Inc. - Wikipedia

    en.wikipedia.org/wiki/Blackstone_Inc.

    Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with US$400,000 (equivalent to $1.1 million in 2023) in seed capital. [3]: 45–56 [4] The founders named their firm "Blackstone" using a cryptogram derived from their names: "Schwarz" is German for "black"; "Peter", "Petros" or "Petra" (Πέτρος and πετρα, the masculine and feminine rendering of the word ...

  3. Liebeck v. McDonald's Restaurants - Wikipedia

    en.wikipedia.org/wiki/Liebeck_v._McDonald's...

    They awarded Liebeck $200,000 in compensatory damages, which was reduced by 20 percent to $160,000. In addition, they awarded her $2.7 million in punitive damages . According to The New York Times , the jurors arrived at this figure from Morgan's suggestion to penalize McDonald's for two days of coffee revenues, about $1.35 million per day.

  4. Venture capital - Wikipedia

    en.wikipedia.org/wiki/Venture_capital

    Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or ...

  5. Cooley LLP - Wikipedia

    en.wikipedia.org/wiki/Cooley_LLP

    Cooley LLP. Cooley LLP is an American international law firm, headquartered in Palo Alto, California, with offices worldwide. The firm's practice areas include corporate, litigation, intellectual property, fund formation, public markets, employment, life sciences, clean technology, real estate, financial services, retail, regulatory and energy.

  6. BlackRock - Wikipedia

    en.wikipedia.org/wiki/BlackRock

    BlackRock, Inc. is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of December 31, 2023. [ 1]

  7. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    v. t. e. The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing to reserve a certain fraction of rent-restricted units for lower-income households. [ 1] The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of ...

  8. Massachusetts Institute of Technology - Wikipedia

    en.wikipedia.org/wiki/Massachusetts_Institute_of...

    Act to Incorporate the Massachusetts Institute of Technology, Acts of 1861, Chapter 183 Stereographic card showing an MIT mechanical drafting studio, 19th century (photo by E. L. Allen, left/right inverted) Original Rogers Building, Back Bay, Boston, c. 1901 In 1859, a proposal was submitted to the Massachusetts General Court to use newly filled lands in Back Bay, Boston for a "Conservatory of ...

  9. 'Every single restaurant will close overnight': Celebrity ...

    www.aol.com/finance/every-single-restaurant...

    California is the worst run state,” he said bluntly. The Golden State indeed faces challenges. Central to Lee's advocacy for a $50 minimum wage is the escalating cost of living in the state.