Blackstone Retreats From Africa Investment Plan

Real estate investment firm Real Capital Solutions acquired the Belleview Tower, a 12-story office building, for $20 million, according to a Tuesday news release. With over 200,000 square feet, 7887 East Belleview Ave. in Denver’s Tech Center, the office building is 75% leased and was acquired for less than 50% of its 2019 sale price. “Belleview Tower represents an exceptional opportunity to acquire a premier office property in a high-demand location at a fraction of its previous valuation,” said RCS Chairman, CEO and founder Marcel Arsenault. According to the news release, the firm will also continue upgrading the property’s amenities, including improvements to the fitness center and common areas.

The Tesla Cybertruck after it exploded outside the Trump International Hotel Las Vegas on Wednesday. Alcides Antunes/ReutersAuthorities believe they've identified the driver of the Tesla Cybertruck that exploded outside a Trump hotel. Matthew Alan Livelsberger, 37, of Colorado Springs, was likely the person who died in the blast. Livelsberger had been an active-duty Army service member for nearly two decades, the US Army told BI.

Ryan Tolkin is the CEO and chief investment officer of Schonfeld Strategic Advisors. SchonfeldAmong the multimanagers, $12 billion Schonfeld led the way in 2024. The firm bounced back from a tumultuous 2023 to return close to 20% last year. Its multistrategy peers ended with double-digit returns but didn't match the S&P 500's 23% gain.

Reese Witherspoon. Jon Kopaloff/Getty ImagesSome celebrity-led production companies struggled in 2024 as Hollywood cut spending. Investments by firms like Blackstone and RedBird were hampered by market shifts. Despite headwinds, companies like LuckyChap could thrive by diversifying beyond their famous founders.2024 was a bad year for the TV and film business — and was particularly hard for a set of celebrity-backed production companies that previously raised large amounts of capital at eye-popping valuations.

One top Republican senator says that "lives depend" on getting Trump's national security nominees confirmed quickly. Rebecca Noble/Getty ImagesRepublicans are pushing for swift confirmation of Trump's national security nominees. They say it's even more necessary after this week's deadly New Orleans attack. Some of those nominees are among Trump's most controversial picks.