Global Wireless Health and Fitness Device Market has been thriving with considerable revenue from previous decades and it is likely to perform vigorously over the forecast period from 2019 to 2025. Various factors such as development, rapidly increasing demand, lifting population, economic stability are directly and indirectly fuelling growth in the market.

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Some of key competitors or manufacturers included in this report are:

Abbott Laboratories, Adidas AG, Alive Technologies, Beuer GmbH, Entra Health Systems, Fitbit, Fitbug Limited, FitLinxx, Garmin Ltd, Humetrix, Ideal Life, Intelesens Ltd, Isansys Lifecare Ltd, Jawbone, Koninklijke Philips NV, Lumo BodyTech, Medtronic, Misfit, NeuroSky, Nike, Nonin Medical, Nuvon, Oregon Scientific, Polar Electro Oy, Sensei, Sotera Wireless, Suunto Oy, Toumaz UK Ltd, Wahoo Fitness, Withings SA,

Scope of Report:

The Wireless Health and Fitness Device market revenue was xx.xx Million USD in 2014, grew to xx.xx Million USD in 2018, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2019-2025. Based on the Wireless Health and Fitness Device industrial chain, this report mainly elaborates the definition, types, applications and major players of Wireless Health and Fitness Device market in details. Deep analysis about market status (2014-2019), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2019-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also be included. From raw materials to downstream buyers of this industry will be analyzed scientifically, the feature of product circulation and sales channel will be presented as well. In a word, this report will help you to establish a panorama of industrial development and characteristics of the Wireless Health and Fitness Device market.

Pages 144

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Most important types of Wireless Health and Fitness Device products covered in this report are:

Wireless Sports & Fitness DevicesWireless Remote Health Monitoring DevicesWireless Professional Healthcare Devices

Most important types of Wireless Health and Fitness Device application covered in this report are:

For KidsFor AdultsFor Old Men

Wireless Health and Fitness Device market Production Breakdown Data by Top Regions:

United States (Canada, Mexico)

Europe (Germany, France, UK, Italy, Russia, Spain)

APAC (China, Japan, Korea, Australia)

Africa (Egypt, Israel, Turkey)

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Wireless Health and Fitness Device Market Research Report Offers The Below Industry Insights:

Table of Contents:

Major Points from Table of Contents:

1 Global Wireless Health and Fitness Device Market Overview

2 Global Wireless Health and Fitness Device Market Competition by Manufacturers

3 Global Wireless Health and Fitness Device Production, Revenue (Value) by Region (2013-2019)

4 Global Wireless Health and Fitness Device Supply (Production), Consumption, Export, Import by Regions (2013-2019)

5 Global Wireless Health and Fitness Device Production, Revenue (Value), Price Trend by Type

6 Global Wireless Health and Fitness Device Market Analysis by Application

7 Global Wireless Health and Fitness Device Manufacturers Profiles/Analysis

8 Global Wireless Health and Fitness Device Market Manufacturing Cost Analysis

9 Industrial Chain, Sourcing Strategy and Downstream Buyers

10 Marketing Strategy Analysis, Distributors/Traders

11 Market Effect Factors Analysis

12 Global Wireless Health and Fitness Device Market Forecast (2019-2025)

13 Research Findings and Conclusion

14 Appendix

Author List

Disclosure Section

Research Methodology

Data Source

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Wireless Health and Fitness Device Market Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and 2019 to 2025 Forecast - Space Market...

Suzanne Shank at the Black Girls Rock! Awards at the New Jersey Performing Arts Center on August 5, 2017, in Newark, New Jersey.

Come November, the women-led Wall Street firm Siebert Cisneros Shank & Co. will finalize its merger with minority-owned investment bank The Williams Capital Group. The consolidation will create a top minority-led-and-owned institutional investment bank offering services in municipal underwriting, debt and equity sales and trading.

Siebert Cisneros Shank and Co. was cofounded in 1996 by Suzanne Shank, the current CEO, Muriel Mickie Siebert, the first woman to be a member of the New York Stock Exchange (NYSE) and head a publicly traded financial services firm, and Napoleon Brandford, who is now retired. Since the death of Siebert in 2013, Shank has led the firm. As an African-American woman, she makes the firm a rare minority-woman-led investment firm. More than half of the firms employees are minority, and on its own the firm ranks high in the industry as a co-manager of municipal bond offerings. In 2018, SCS helped oversee more than $116.1 billion in corporate debt and equity transactions. (For more on Shank, read How This Female Engineer Pivoted To Become A Top Wall Street Leader.)

SCS sought out the midtown-Manhattan based Williams Capital Group (WCG) to scale its business and grow its services for U.S. corporate underwriting of debt and securities, looking to compete with other Wall Street firms. By bringing together two first-class firms, we will accelerate our collective success and greatly enhance our ability to serve our clients using a strong capital base that is now significantly larger, Shank stated in a release announcing the deal yesterday. WCG was founded in 1994 by its CEO Christopher J. Williams.

Shank will serve as president and CEO of the combined firm and maintain majority ownership. Williams will be chairman of the board. The new firm will rebrand itself in January as Siebert Williams Shank & Co. While Cisneros will remain with the combined firm as vice chairman, the firm chose to keep the Siebert name instead to honor the Wall Street pioneer.

The new firm will be headquartered in New York, New York and Oakland, California, with over 15 locations across the country.

See more here:
Merger Leads To Top Women-Led, Minority-Owned Investment Firm on Wall Street - Forbes

The Trump administration would be wise to implement restrictions on U.S. investments in China as it seeks to gain additional leverage in the long-running trade war, former Fed governor Larry Lindsey told CNBC on Thursday.

"I even think the president has recognized it's not cost effective to push the tariff anymore, and if he wants to continue pressure on China, which I think he probably does, I think this would be a good path to pursue," Lindsey said on "The Exchange."

On Friday, numerous media outlets reported that President Donald Trump's administration had begun a process to study whether restrictions on Chinese investment would be worth implementing. Such measures could include a block of all American investment in the country or delisting Chinese companies from U.S. stock exchanges.

Despite pushback on the reporting from the administration, CNBC later reported it had seen the policy memo that outlined a process to evaluate limiting U.S. capital flows into Chinese securities.

Some high-profile figures such as Senate Majority Leader Mitch McConnell said curbing Chinese investment in the U.S. isn't a great idea, but Lindsey joins a growing chorus of people who have said the idea is worth considering.

"I'm sure that the Chinese economy would be hurt by this," said Lindsey, who served as Fed governor from 1991 to 1997 and as director of the National Economic Council under President George W. Bush.

Lindsey said his openness to the idea was due, in part, to his belief that Trump's current strategy of ratcheting up tariffs on Chinese imports was losing steam.

"I do think we reached the end of the road with regard to cost-benefit analysis on the tariff side," said Lindsey, CEO of economic consultancy firm The Lindsey Group.

"In fact, I think a lot of the tariffs that have been recently suggested on the last tranches ... aren't going to take effect," he added, referring to the batch of levies set to go into effect on Dec. 15 on consumer items such as cellphones.

Lindsey also said "we'll see" what happens with the tariffs scheduled to be applied on Oct. 15 after representatives from the U.S. and China rekindle negotiations next week.

Lindsey said he also supports potential investment restrictions because he believes the financial playing field is uneven.

"Why should U.S. mutual fund dollars or pension fund dollars go into companies in Chinese markets, Shanghai or what have you, even Hong Kong, that do not comply with the same financial transparency rules that apply to American companies?" Lindsey said. "This is a matter, in my mind, of consumer protection."

The consumer protection should also not be limited to just China, Lindsey said. He said he feels similarly toward Russian, Iranian and French companies, "though they're generally in compliance."

"What I think is that the standards that are applied for listing an American company on the New York Stock Exchange or some other exchange should be applied to everyone who lists on the NYSE," Lindsey said.

Read the original post:
Limits on Chinese investment a 'good path to pursue' in trade war, Larry Lindsey says - CNBC

Billionaire Andrew Carnegie famously said that 90% of millionaires got their wealth by investing in real estate. We wanted to know: Is this still true? Is investing in real estate still a good idea?

According to these nine Advisors in The Oracles, who made millions by investing in real estate, the answer is a resounding yes.

"Buying real estate has made me rich mostly through necessity, not by design. I bought my first itty-bitty studio after scraping together a few bucks because I needed to live somewhere anyway.

A few years later, the studio doubled in value, giving me enough cash to plunk down 50% on a one-bedroom apartment. That soon rolled into a two-bedroom, then a three-bedroom, and finally landed me in my 10-room penthouse on Fifth Avenue in New York City.

Buying that tiny studio was the most important decision I made because it got me in the game."

Barbara Corcoran, founder of The Corcoran Group, podcast host of "Business Unusual," judge on "Shark Tank"

"Investing in real estate is a great idea if you are in it for the long haul, not a quick return.

Your best bet is investing in residential properties that produce rental income year-round. Just make sure you understand all of the associated legal fees and are prepared for unexpected costs."

Bethenny Frankel, entrepreneur, philanthropist, founder of Skinnygirl and BStrong. Follow her on Instagram

"Real estate is real, and it's always a good idea to put your money in real assets. But let me be clear: That doesn't mean that all real estate is a good idea.

I only buy certain types of properties, generally multifamily ones in upscale locations that provide consistent cash flow and great potential for future appreciation.

I stay away from low-income areas and single-family homes. But even those assets are probably a better place to store your money than letting cash depreciate while sitting in the bank!"

Grant Cardone, sales expert, New York Times best-selling author. Follow him on Facebook, Instagram and YouTube

"Most millionaires I know made more money from owning real estate than any other investment. Real estate consistently increases in value over time and outperforms other investments.

Plus, it isn't as vulnerable to short-term fluctuations as the stock market. You get a tangible, usable asset, whether you're renting out an apartment or commercial building for income or buying a home. And there can also be tax benefits for investment properties.

It's always a good time to buy real estate. In fact, the real wealth is made by buying when everyone else is selling and vice versa. While many are talking about a recession, the market is strong, with increasing prices and transactions.

Renting a one-bedroom apartment can cost $5,000 a month in certain neighborhoods today, yet you can buy a $1 million house with just $4,000 a month in mortgage payments. And the rate is fixed for 30 years the best kind of rent control.

So why would you rent? Besides, if you rent your property to someone else, you can cover your mortgage or better."

Peter Hernandez, president of the Western Region at Douglas Elliman, founder and president of Teles Properties

"Real estate has incredible tax benefits. In certain situations, you don't have to pay taxes on your gains from investment properties. You can also get a $250,000 tax break as an individual and $500,000 as a married couple.

The wealthiest people collect property the way they used to collect cars. Interest rates are low, prices have fallen, and you don't have to tie up a lot of cash in the investment.

At the same time, more people are choosing to rent instead of own. You can have a lucrative rental property using other peoples' money to cover the mortgage, taxes, and upkeep. With sites like Vrbo and Airbnb, you can also find short-term renters to subsidize your overhead.

While I suggest diversifying your investments, there is no better place to park your money than brick-and-mortar investments you can live in and enjoy. When you invest in your surroundings, you invest in yourself!"

Holly Parker, founder and CEO of The Holly Parker Team at Douglas Elliman, award-winning broker who made over $8 billion in sales. Follow her on LinkedIn and Instagram

"Real estate is a bankable asset, so you can always leverage it. It also doesn't tie up a lot of cash. You can put down as little as 10% and use banks' money to grow your investment. With such low interest rates, that's like free money.

Unlike the stock market, where many factors are out of your control, your investment can't disappear overnight. You can also build your wealth with excellent return rates and tax advantages.

The only people who lose money in real estate are those who bought at the height of the market and sold at the wrong time or took too much equity out of their home, leaving no profit margin when they sold it. It often takes time to see big appreciations, but if you hold on to your investment, you will.

Dottie Herman, CEO of Douglas Elliman, a real estate brokerage empire with more than $27 billion in annual sales. Follow her on Facebook and Instagram

"Real estate is always a great investment because you have more options than with other types of investments.

If you invest in stocks, bonds, or a private offering, your success is completely dependent on factors outside of your control. At most, your options are to hold or sell. With real estate, you have unlimited options.

You can buy a house with the intent of flipping it, then rent it if the market turns south. If you buy a rental that appreciates in value significantly, you can sell it. Real estate can be refinanced, rehabbed, and rezoned. You can develop it, lease it, subdivide it, or add parcels to it.

These are just a few of your options. This flexibility is one of the reasons it has created more millionaires than any other asset class."

Daniel Lesniak, founder of Orange Line Living, broker at the Keri Shull Team, co-founder of real estate coaching business HyperFast Agent, author of "The HyperLocal, HyperFast Real Estate Agent"

"There's an opportunity for greater and more consistent returns with real estate than with other investments. When a property is built, it's because a group of people see a population large enough to justify it.

"The sheer number of new properties each year is a testament to the growing real estate market. Supply follows demand, and demand is continuing to rise. Populations almost never decrease, which is why the need for housing increases year over year.

The market for multifamily apartments in particular is growing. As apartments become more attractive, people are less likely to buy houses. With multifamily apartments, you continue to generate increasing income over time.

Once the property stabilizes, you can collect returns for your investors until you decide to sell. There's also demand year-round wherever you go."

Robert Martinez, founder and CEO of Rockstar Capital, a real estate investment firm with over $330 million in assets under management, host of "The Apartment Rockstar" podcast. Follow him on YouTube and Instagram

"Many businesses come and go, but there's one thing we'll always need: land.

There's an inherent demand for real estate, whether the land produces a product like coffee or is home to an apartment or retail space; so it will always be a good investment. No matter what kind of business you run, you need land.

Investing in real estate allows you to protect yourself and your wealth. While the real estate market has gone up and down, it has never declined over time. Compare that to when Wall Street collapsed or currencies that aren't backed by anything tangible.

Over time, you will always get value from real estate that produces income like a coffee farm, for example. Even better if you choose property with inherent value, such as a location in Times Square."

Marcello Arrambide, founder of Day Trading Academy, co-founder of SpeedUpTrader, a funding company for aspiring day traders. Follow him on LinkedIn

Join The Oracles, a mastermind group of the world's leading entrepreneurs who share their success strategies to help others grow their businesses and build better lives. For more, follow The Oracles on Facebook and LinkedIn.

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Continued here:
Real estate is still the best investment you can make today, millionaires sayhere's why - CNBC

3. Contact sellers through direct marketing

One of the most readily used methods for finding investment properties outside of the MLS is through direct marketing. Direct marketing can include mail campaigns -- sending a series of postcards or letters -- or online marketing such as Google or Facebook ads targeted to a list of potential sellers.

This avenue for finding off-market investment properties can produce positive results, but can also be time-consuming and costly.

Direct marketing campaigns are typically run over several weeks or months, allowing for multiple touches and an increased likelihood of response. This all adds up over time.

You have the option to buy a list of qualified leads to market to, such as properties in probate, properties in pre-foreclosure, or vacant properties. You might even "drive for dollars" -- drive or walk around your ideal investment area collecting addresses for properties to market to.

It's time-consuming, but if your marketing reaches the seller at the right time, it could lead to a great investment opportunity. If you have the time and the funds to create or purchase a list of qualified potential sellers to market to consistently, this could be a worthwhile avenue of finding off-market investment properties.

Another free way to find investment properties outside of the MLS is by searching online at real-estate-specific websites such as Zillow, Craigslist, or a turnkey real estate investment platform like Roofstock.com.

Zillow is one of the most readily used platforms in real estate. Although most properties for sale on Zillow are actively listed in the MLS, properties can be listed for sale by owner on Zillow. You can set up alerts on Zillow for free to meet your specific buying criteria in your desired investment area. If a new listing is added, you can be alerted immediately, giving you the chance to identify potential investment properties quickly.

Craigslist has more than 60 million users and 50 billion page views per month. Some sellers use it to list their property for sale in an attempt to avoid paying realtor fees or listing on the MLS. Investors, like wholesalers, often list properties for sale on Craigslist, as well. Although many leads are duplicate listings from properties on Zillow or are listed on the MLS, it's possible to find quality off-market investment properties on Craigslist.

Roofstock has listings for off-market turnkey rentals. Most of these properties have been recently improved or renovated and all of the properties have tenants and third-party management in place. Roofstock is by no means the only option for turnkey investments, but it's one of the largest platforms. Most of its competitors operate at the local level. As always, conduct your own due diligence on any investment. Do not rely solely on the platform's estimations or valuations.

If you're looking for investment properties outside of the MLS, another great option is to buy them at a courthouse auction. Properties going through tax sale or foreclosure are required to go to public auction, where you can often buy properties for far below market value.

In most counties, properties going to tax sale or foreclosure sale are publicly listed on the county's auction calendar. Sales are typically held online, although counties require you to go to the courthouse to bid. A small deposit, such as 5%10%, is usually required from the winning bidder on the day of the sale. The remainder of the purchase price is usually paid to the county by certified check within two to five days, although every county operates differently.

If youre buying from a courthouse auction, you'll be unable to access the property beforehand, so it's important to ensure you:

It's important to educate yourself on this process and understand what due diligence needs to be conducted to identify and buy quality investment properties at public auctions.

Although there are other methods of finding off-market properties for sale, these are some of the best ways you can find investment opportunities outside of the MLS.

In many cases, it's beneficial to use a combination of these strategies, which makes it easier to find quality investments. Find the method that makes the most sense for you based on the time or funds you have available.

See the rest here:
How to Find Investment Properties Outside of the MLS - Motley Fool

David Beck. Courtesy of Brave Ventures.

Brave Ventures has an eye on early-stage startups that are solving problems for consumers, publishers, and advertisers as more viewing shifts to streaming platforms.

The firm founded in 2014 as an advisory and investment company that worked with major media brands being transformed by digital, like Turner, Viacom, and CBS is looking at startups that help with things like content search and discovery, or measurement in the fragmented media landscape.

"There's already an overabundance of video services available," David Beck, the cofounder of Brave Ventures, who is overseeing its investments, told Business Insider. "Winners and losers will be difficult to predict. I would rather be betting on services that are going to be important to all of them, first and foremost, to consumers, as well as to publishers."

The streaming database ReelGood is one example of the type of company Beck says is solving real challenges for audiences. People can search on ReelGood for movies and TV shows across more than 50 streaming apps and be directed to those apps to watch them. Brave is not an investor in ReelGood.

The firm's active investments include MikMak, a home-shopping network for the mobile generation, as well as Canvs, a measurement company that analyzes consumers' emotional responses to videos and TV shows, among other things.

Brave Ventures was founded by Beck, the seasoned TV exec Jesse Redniss, and the advertising guru Gary Vaynerchuk.

The advisory business was acquired in 2016 by Turner to lead its strategy and innovation teams.

The investing arm remains independent and is actively evaluating investments.

See the original post here:
What investment firms, VCs are betting on in streaming video and TV - Business Insider

A new report from the Urban Land Institute and PwC takes a close look at the biggest current and ongoing trends facing North American real estate investors.

And let me tell you: Its a doozy.

The 107-page tome is full of charts, graphs, expert insights, and hundreds of valuable data points. Its definitely not a read-in-one-sitting document, but its brimming with golden nuggets of info that any forward-thinking real estate investor should have.

Dont have time to read the report? Ive got you covered. Ive combed the document and pulled out the top seven trends youll want on your radar.

Investor competition is on the rise, and it calls for a more creative approach to property selection.

As the report explains, "The competition to find investments that meet the return requirements of a growing investor pool has resulted in looking to new and more complex methods to find markets and property sectors that may fall outside the traditional size and growth metric."

In short, investors need to specialize and focus on niche-level opportunities. The report specifically mentions specialty markets like:

Youll even find detailed city-by-city recommendations in many of these categories at the bottom of the report.

The main takeaway? ULI and PwC recommend that investors dive deep to discover "pearls of great value" in markets theyre considering. "Specialization has become the hallmark of many professional fields, and real estate is no exception," the report reads.

Urban areas have long been a haven for the live-work-play lifestyle. Residents want walkable commutes, easy access to housing, and 24-hour amenities. But today, its not just major city centers providing this way of life.

The 24-hour live-work-play approach has officially entered suburbia, with smaller cities like Charleston, South Carolina, and Jacksonville, Florida, joining the ranks. Its stretching from Brooklyn into New Jersey towns like Hoboken and Maplewood and from Manhattan into Yonkers and New Rochelle.

And its not slowing down, either. According to the report, investors should expect more communities to embrace the 24-hour (or at least 18-hour) lifestyle: "If the live-work-play formula could revive inner cities a quarter-century ago, there is no reason to think that it will not work in suburbs with the right bones and the will to succeed."

Rising temperatures will impact investing from all angles, influencing where people migrate, the infrastructure required, and overall building costs. As the report puts it, "Without intervention, the current and potential future impacts of extremely high temperatures -- on real estate developments, infrastructure, and the economy -- could be substantial."

Some stats to note about this trend:

Seattle is a great example of just how hard rising temperatures can hit investors. Before 2010, a mere 6% of Seattle rental properties had central air conditioning. Now, a full quarter of them do.

Read the original post:
7 Real Estate Investing Trends to Watch - Motley Fool

Ontic Engineering and Manufacturing, Inc., a global aerospace company, will create 126 new jobs in Granville County, Governor Roy Cooper announced today. The manufacturer will invest $2.7 million to expand their facility in Butner.

Today, we celebrate National Manufacturing Day, with another global manufacturer selecting North Carolina to expand their operations, said Governor Cooper. Ontic Engineering and Manufacturings decision is a confirmation to our great quality of life, excellent business climate, and strong manufacturing workforce.

Since 1974, Ontic has been providing high-quality aerospace equipment, cost-effective solutions and aftermarket support of maturing and legacy aerospace platforms. With locations in the United States, Europe and Asia, Ontic provides FAA, CAAS, CAAC, TCCA, DCA, EASA Part 21 and 145 original equipment manufacturer (OEM) support for civil and military markets. Their portfolio of more than 6,500 maturing and legacy aircraft parts are licensed or acquired from major OEMs such as Honeywell, UTC Aerospace, Safran, Curtiss-Wright, GE Aviation and Thales.

The strong support and engaging business climate we have seen to date from the state continues to affirm that North Carolina was the right strategic choice for expanding Ontics global manufacturing and services footprint, said Gareth Hall, President and Managing Director of Ontic Engineering and Manufacturing, Inc. We continue to be impressed with abilities and performance of our team here in Butner and look forward to aggressively growing our business here with additional investments in people, factory infrastructure, and intellectual property.

North Carolina is always a top choice for global manufacturing companies, said North Carolina Commerce Secretary Anthony M. Copeland. Last year, our state exported $32.7 billion in manufactured goods and we know our manufacturing economy will continue to grow with the success of Ontic for many years to come.

The North Carolina Department of Commerce led the states support for the companys decision.

Although salaries will vary depending on the position, the average wage for all new positions could reach up to $55,149. The current average annual wage in Granville County is $40,932.

Ontics project in Butner will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the states Economic Investment Committee earlier today. Over the course of the 12-year term of this grant, the project is estimated to grow the states economy by $413 million. Using a formula that takes into account the new tax revenues generated by the new jobs, the JDIG agreement authorizes the potential reimbursement to the company of up to $1,386,900 spread over 12 years. State payments only occur following performance verification by the departments of Commerce and Revenue that the company has met its incremental job creation and investment targets. JDIG projects result in positive net tax revenue to the state treasury, even after taking into consideration the grants reimbursement payments to a given company.

This is a great way to celebrate Manufacturing Day, said N.C. Senator Mike Woodard. We appreciate Ontics continued investment in our community and know there are many successes to be shared in the future.

Ontic Engineering and Manufacturings expansion is a great win for our state said N.C. Representative Larry Yarborough. Granville County is ready with a capable workforce near a robust transportation infrastructure to support their global operations.

Earlier this week, Governor Cooper proclaimed this week North Carolina Manufacturing Week with manufacturing celebrations statewide. With more than 470,000 manufacturing employees across the state, North Carolina has the largest manufacturing workforce in the Southeast and ninth largest in the nation. Manufacturing accounts for 19% of North Carolinas economic output at $104.9 billion. Manufacturing week also celebrated an additional 50 jobs in Harnett County on Wednesday and Honeywells previous commitment to add 750 new jobs during their headquarters groundbreaking ceremony in Charlotte yesterday.

In addition to North Carolina Department of Commerce and the Economic Development Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, Granville County and Granville County Economic Development Department, North Carolina Community College System, Duke Energy, Vance-Granville Community College, Granville County Schools and the Town of Butner.

Go here to read the rest:
Aerospace Company to Invest $2.7 Million in Butner - NC Dept of Commerce

The Japan Bank for International Cooperation and Texas have agreed to promote Japanese investment in the southern U.S. state in new business areas such as renewable energy, mobility services and disaster risk reduction.

JBIC Gov. Tadashi Maeda and Texas Gov. Greg Abbott signed a memorandum of understanding on the matter during a Sept. 27 meeting in Tokyo.

The agreement came about a year after the Japanese government-backed lender said it will extend $300 million in loans to Texas Central Rail Holdings LLC for the development of a high-speed railway project linking Dallas and Houston.

The agreement allows JBIC to further facilitate Japanese companies activities in Texas, ranging from existing areas such as auto manufacturing and infrastructure construction to new fields including digital connectivity and water.

We will foster greater investment in both Texas and Japan, while strengthening the economic and cultural bond between our two regions, Abbott said in a statement.

Texas is the second-largest U.S. state in terms of population and gross domestic product.

Follow this link:
JBIC and Texas vow to boost Japanese investment in US state - The Japan Times

SoftBank Group founder, Chairman and CEO Masayoshi Son.

Topline: As WeWorks biggest shareholder, SoftBank has been under scrutiny for its backing of the troubled office-sharing startup, but a recent report suggests that for it to profit off its investment, WeWork would need a much bigger valuation.

Key background: SoftBank has poured nearly $11 billion into the real estate and workspace startup. When SoftBank invested in January, it did so at a $47 billion valuation. But since then, mounting investor concern over WeWorks business model and irregular corporate governance drove WeWorks potential valuation down drastically. The company considered going public with a valuation as low as $10 billionbefore it scrapped plans for an IPO in 2019 altogether.

Tangent: Since taking the helm from embattled founder Adam Neumann, co-chiefs Artie Minson and Sebastian Gunningham have moved quickly to cut costs and raise cash in an effort to save WeWorks business. While cancelling WeWorks plans for an IPO this year, the two said in a statement that they look forward to revisiting the public equity markets in the future.

Read more:
Softbank Needs A $24 Billion WeWork Valuation To Break Even On Its Investment - Forbes