Hints and tips:
...The US securities regulator says Texas-based Agridime LLC and its owners — Josh Link and Jed Wood — have been running a $191mn Ponzi scheme selling “Cattle contracts” in 15 states....
...Earlier this year KKR agreed to pump new capital into one of its portfolio companies, Heartland Dental, to help it refinance a portion of its debt....
...A loan extension for California utility PG&E was shelved last month, while Heartland Dental, a provider of services to dentists’ offices, and digital media business Internet Brands had to pay lenders more...
...It needs to really focus on that customer heartland that made it the attractive brand it was to begin with.”...
...Separately two KKR-backed businesses — Heartland Dental, a provider of services to dentists’ offices, and digital media business Internet Brands — had to pay lenders more or agree to tougher investor protections...
...WorldQuant’s headquarters is in the hedge fund heartland of Old Greenwich, Connecticut, but its offices in 13 countries are spread across many non-traditional financial centres, such as Ramat Gan, Israel...
...Apollo manages $316bn of assets for institutional investors, including a large credit portfolio that has made it a vital source of funding for businesses that range from local hospitals and dental practices...
...If that now sounds otherworldly, it’s partly because Black went on to invent a new kind of financial institution, which has all but supplanted banks for a large swath of American families and heartland businesses...
...Money could also be given to local municipalities to build their own systems, like the 1935 Rural Electrification Administration programme that transformed America’s heartland and increased productivity...
...It has become a vital source of funding for heartland businesses that many banks now consider too difficult, or too risky, to touch....
...A crowd of suits and red ties slowly makes its way through a welcome arch made from red balloons, towards a temporary stage bearing a huge red banner that reads: “Grand Opening Risever Machinery, LLC.”...
...With revenues of €500m-€2bn, the 900 or so Mittelstand companies that make up Germany’s corporate heartland used to be too small to interest Goldman’s investment bankers....
...air of unreality hung in the air two weeks ago as Waymo — the company that began life as Google’s driverless car project — lifted the lid on its secretive testing facility in California’s agricultural heartland...
...Various lists of where millennials are most actively buying houses all show a willingness to move off the coasts into more affordable heartland communities....
...Since the decline in oil prices began in mid-2014, activity in the Eagle Ford, one of the heartlands of the shale revolution, has slowed sharply....
...But the fastest growing region for beer sales is Africa, which is both SABMiller’s heartland — the company began as South African Breweries — and a continent to which AB InBev has almost no exposure....
...The portfolio manager was raised in what he describes as a “blue collar” community in Scranton, the former coal-mining heartland of Pennsylvania....
...on Thursday his country was entering its “most dangerous 10 days” since independence in 1991 and was struggling to counter pro-Russian separatists on the verge of taking over the industrialised eastern heartland...
...The proud history of this club in the heartland of northern England helps it command undying loyalty from fans....
...But muscling into Manhattan signals an expansion into an art-market heartland. “Art Miami complements Art Basel Miami Beach, and we complement Frieze New York....
...Its heartland is Brattle Street, known as Tory Row since it was originally home to a clique of wealthy landowning loyalists who rejected the Declaration of Independence....
...Comment, analysis and other offerings from Thursday’s FT, John Gapper: Business should help the heartland If Harvard Business School graduates ruled the political world, Mitt Romney would be the US president...
...Private equity groups have lost out against industrial buyers in Europe in several large transactions in the past few months, including US dental group’s Dentsply International’s $1.8bn acquisition of rival...
...Ontario has long been Canada’s industrial heartland. But declining manufacturing output, thanks largely to the troubled auto sector, has put the province on shakier ground....
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