LeapFrog Sees Impact Gains From Lower Clean-Energy Costs

Leaders of impact-focused LeapFrog Investments said the declining costs of clean-energy technologies make it easier to convince investors it can produce financial returns along with benefits to communities and the environment-despite a broad retreat from many fund strategies that also make such claims. 


 
HSBC to Sell Argentina Business in Latest Market Exit

HSBC Holdings is selling its Argentina business for over half a billion dollars, the bank's latest exit from markets that are no longer core to its business strategy. 


 
Utah's Tech Hub Powers America's Hottest Job Market

More-affordable cities that serve as tech and finance outposts top the latest annual rankings. 


 
Dollar May Stay Stronger for Longer

The dollar had been widely expected to weaken this year as the Federal Reserve starts to cut interest rates, but rate-cut expectations have been trimmed back sharply while U.S. elections and geopolitical uncertainty could also lift the currency. 


 
Blackstone Is Back on the Real Estate Offensive With $10 Billion Deal

The acquisition of AIR Communities is Blackstone's largest transaction in the multifamily market. 


 
Jamie Dimon Warns U.S. Might Face Interest-Rate Spike

The head of JPMorgan Chase questioned the "soft landing" talk but said his bank is ready no matter what. 


 
RBC Begins Integration of HSBC's Canadian Unit Without a Permanent CFO

Royal Bank of Canada fired CFO Nadine Ahn for having an undisclosed personal relationship with an employee, a dismissal that came just one week after the bank closed its $10 billion acquisition of HSBC's Canadian business. 


 
U.S. Private Equity Sees Hope for Exits

Sales or stock offerings of portfolio companies remain muted, but the first quarter has brought some hints of improvement. 


 
Wildfires Make Utilities a Tricky Investment. Ask Warren Buffett.

More utilities across the West are facing the prospect of significant liability costs as climate change and drought increase risks. 


 
Exits Are Few These Days. So One Fledgling VC Firm Created Its Own

Instead of waiting for IPOs to revive or acquisitions to pick up, Santa Barbara Venture Partners has been selling shares of its portfolio companies. The sales might also help the young firm draw investors to its second fund.


(END) Dow Jones Newswires

04-09-24 0715ET