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Luxury Hotel In One Of America's Wokest Cities Sells At Shocking 94% Loss
Luxury Hotel In One Of America's Wokest Cities Sells At Shocking 94% Loss
A luxury hotel in downtown Portland has sold for 93.6% less than its previous purchase price, according to the Portland Business Journal.The 221-room Royal Sonesta hotel, located at 506 S.W. Washington St., was purchased for just $6.83 million by an entity linked to Laxmi Hotels Group.The property last sold for $108.3 million in 2016, a staggering $101.5 million more than its latest sale price.The bargain-basement deal was part of a larger eight-property hotel portfolio acquired by Laxmi.The...
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Mar 24, 2026 / Tyler Durden
California Schools Try Rap While Scores Keep Falling
California Schools Try Rap While Scores Keep Falling
Authored by David Manney via PJ Media,
California's education system continues to search for answers while student performance struggles to recover. In one case, the Merced City School District approved a contract worth about $270,000 to bring a rap-based curriculum into classrooms, even as academic performance remains weak.
AP Photo/Rich Pedroncelli, file
The district serves over 11,000 students, yet only 13% meet math proficiency standards. The program includes a summer “Rap Camp” and specialized programming tied to cultural themes, all framed to boost student engagement.
The...
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Apr 29, 2026 / Tyler Durden
Alphabet Surges After-Hours On Record Search Queries, Backlog Builds
Alphabet Surges After-Hours On Record Search Queries, Backlog Builds
Google shares are rallying after hours as parent Alphabet's first-quarter earnings report showed strong revenue growth in cloud computing and internet search ads, helping investors look past slowing profits amid huge AI spend.
Earnings per share were $5.11, well ahead of Wall Street's consensus estimate of $2.63, and up from $2.81 last year.
Revenue for the quarter reached $110 billion, more than expectations of $107 billion, and up 22% on the year.
The most closely watched line in Google's reporting is its cloud unit...
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Apr 29, 2026 / Tyler Durden
In Huge Win For Republicans, Supreme Court Curbs Use Of Race In Drawing Voting Districts
In Huge Win For Republicans, Supreme Court Curbs Use Of Race In Drawing Voting Districts
In a sweeping 6-3 decision issued today, the U.S. Supreme Court ruled that Louisiana’s congressional map with a second majority-Black district is an unconstitutional racial gerrymander. The ruling in Louisiana v. Callais (No. 24-109) delivers a major victory for Republicans by sharply curtailing the Voting Rights Act’s ability to compel the creation of predominantly Black or Hispanic districts - a development that could help the GOP protect and expand its House majority in the 2026...
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