July 2, 2025
Operating Assets

Rogue Credit Union wants to build branch on long-vacant lot in Redding

Buzz on the Street features Redding Record Searchlight’s David Benda David Benda of the Record Searchlight brings you, our dear reader, what’s the buzz on businesses opening and closing in Redding and the North State. The project comes before the Redding Board of Administrative Review on Wednesday, June 4, 2025. Barone’s Christmas Trees has operated

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Intangible Assets

Central Bank of Azerbaijan cuts intangible asset purchases by more than twice

Economy Materials 23 May 2025 22:21 (UTC +04:00) The Central Bank of Azerbaijan acquired intangible assets worth 1.7 million manat ($1 million) last year, marking a decline of more than 50 percent compared to 2023. Intangible assets, which provide long-term economic benefits despite lacking physical form, are key to supporting the bank’s future

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Financial Assets

Sun Life Beats Estimates on Strong Asset Management, US Results

Sun Life Financial Inc. beat analyst expectations in the first quarter, fueled by its asset management segment. The Toronto-based insurance firm reported underlying earnings of $1.82 per share, better than the $1.71 predicted by analysts in a Bloomberg survey. Sun Life also raised its quarterly dividend to 88 Canadian cents from 84 cents. “In an

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Intangible Assets

China’s Baidu patents AI system to translate animal emotions into human language

Have you ever wanted to know what your cat is really saying? A Chinese tech firm is exploring whether artificial intelligence can help decode feline vocalisations and translate them into human speech. Baidu, the company behind China’s largest search engine, has filed a patent with the China National Intellectual Property Administration for a system designed

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Intangible Assets

Amazon faces tariff pressure as sellers stockpile inventory

Amazon’s tariff transparency plans President Trump has said tariffs will likely impact shoppers, saying in a Cabinet meeting that tariffs could lead to fewer, but more expensive gifts this upcoming holiday season. Fox – 5 DC Amazon AMZN.O on Thursday tried to temper investor concerns about the impact of the Trump administration’s tariffs on its e-commerce business,

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Gold Investing

Gold slips as traders await U.S. data for clues on tariff impacts

Gold edged lower ahead of key economic data this week that could offer some insights into the impacts of President Donald Trump’s trade war. Bullion traded near $3,335 an ounce, after gaining 0.7 per cent in the previous session. Yields on Treasuries turned lower on Monday, boosting non-interest-bearing gold. Meanwhile, JPMorgan Chase & Co. said

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Financial Assets

Principal Financial Group profits climb during market uncertainty

Ateev Bhandari  |  Reuters Principal Financial Group names Deanna Strable as next CEO Deanna Strable, a native Iowan and a Dowling Catholic High School graduate, will be the next CEO of Principal Financial Group. Insurer Principal Financial Group reported a rise in first-quarter profit on April 24, helped by higher premiums and fee income. The Trump

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Tangible Assets

Barrick Gold Seeks Buyers for Its Last Mine in Canada

Lawson Winder, metals and mining analyst at Bank of America, discusses the reported deal made between Barrick Gold and the Mali government over a gold mine disp Barrick Gold Corp. is looking to sell its last mine in Canada in a push to capitalize on record gold prices and a renewed interest in North American

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Gold Investing

Gold and Cash-Like ETFs Are Sucking Up Money as Investors Seek Safety

Martin Pradier, equity research analyst at Veritas Investment Research, gives his outlook on gold amid uncertainty, as it surges to a record above $3,400. After years of diving into risky assets at every sign of trouble, investors are starting to move some of their money in the other direction — toward safety. Flows into exchange-traded

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Intangible Assets

Amazon cancels some inventory orders from China after tariffs

Spencer Soper  |  Bloomberg Amazon.com Inc. has canceled orders for multiple products made in China and other Asian countries, according to a document reviewed by Bloomberg and people familiar with the matter, suggesting the company is reducing its exposure to tariffs imposed by President Donald Trump. The orders for beach chairs, scooters, air conditioners and

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