Advertisement

March 7, 2013 / 10:22 AM

Romney to work at son's investment firm

Mitt Romney will be chairman of the executive committee at the investment firm led by Tagg (L). File/UPI/Kevin Dietsch

Mitt Romney will be chairman of the executive committee at the investment firm led by Tagg (L). File/UPI/Kevin Dietsch | License Photo

BOSTON, March 7 (UPI) -- Mitt Romney, the 2012 Republican presidential nominee, will work at his son's investment firm, Solamere Capital, one week a month, NBC News reported.

Romney will be chairman of the executive committee at the investment firm led by his oldest son, Tagg.

Advertisement

At Solamere, the elder Romney will advise on matters of private equity, and isn't planning to raise capital for the firm, a person knowledgeable about the situation told NBC News.

Romney has had office space at Solamere, based in Boston, since the November election. However, he has not been officially involved in business matters.

His 2012 presidential campaign and his unsuccessful 2008 bid to be the GOP presidential nominee focused on his business background. Romney founded the private equity investment firm Bain Capital in 1984.

Read More

U.S., Canada target Belarus with sanctions over support for Russia's war, crackdown on dissent

U.S. News // 5 minutes ago

U.S., Canada target Belarus with sanctions over support for Russia's war, crackdown on dissent

April 15 (UPI) -- The United States and Canada each separately unsheathed nearly two dozen Belarus-related sanctions on Monday.

Gaza war protesters block bridges, airport expressways in U.S. cities

U.S. News // 51 minutes ago

Gaza war protesters block bridges, airport expressways in U.S. cities

April 15 (UPI) -- Gaza war protesters shut down San Francisco's Golden Gate Bridge on Monday, stopped traffic on New York's Brooklyn Bridge and shut-down entrances to U.S. airports, including Seattle and Chicago's O-Hare.

Ex-Marine gets nine years for firebombing Planned Parenthood

U.S. News // 1 hour ago

Ex-Marine gets nine years for firebombing Planned Parenthood

April 15 (UPI) -- A former U.S. Marine and neo-Nazi who pleaded guilty to firebombing a California Planned Parenthood clinic was sentenced to nine years' imprisonment on Monday, prosecutors said.

Speaker Mike Johnson says House to vote on separate Israel, Ukraine aid packages

U.S. News // 2 hours ago

Speaker Mike Johnson says House to vote on separate Israel, Ukraine aid packages

April 15 (UPI) -- House Speaker Mike Johnson announced late Monday that the House will vote this week on two separate aid packages for Israel and Ukraine, in response to "precipitating events around the globe."

Jail recording as boy's body discovered played during Chad Daybell murder trial

U.S. News // 3 hours ago

Jail recording as boy's body discovered played during Chad Daybell murder trial

April 15 (UPI) -- A jail phone call was played, during the third day of testimony in Chad Daybell's triple murder trial in Boise, Idaho, shortly before the remains of his wife's 7-year-old son were found buried on his property.

Fourth victim recovered in Baltimore's Key Bridge collapse

U.S. News // 13 hours ago

Fourth victim recovered in Baltimore's Key Bridge collapse

April 15 (UPI) -- The body of a fourth victim was recovered Monday from the site of the Francis Scott Key Bridge collapse in Baltimore, according to Maryland State Police who said the victim was found inside of a construction vehicle.

Florida company cited over worker's heat death amid state's ban on heat illness prevention

U.S. News // 6 hours ago

Florida company cited over worker's heat death amid state's ban on heat illness prevention

April 15 (UPI) -- The Department of Labor on Monday said it cited a Florida company for its lack of preparedness to prevent heat-related illness after a heatstroke killed a 26-year-old worker from Mexico in September 2023.

Supreme Court allows Idaho to enforce ban on gender-affirming care for teens

U.S. News // 5 hours ago

Supreme Court allows Idaho to enforce ban on gender-affirming care for teens

April 15 (UPI) -- Idaho will be allowed to widely enforce a law banning gender-affirming healthcare for transgender teens even as a legal challenge against it continues, a divided Supreme Court ruled Monday.

Bidens release 2023 tax returns, showing income of nearly $620K

U.S. News // 6 hours ago

Bidens release 2023 tax returns, showing income of nearly $620K

April 15 (UPI) -- As Americans rushed to get their taxes filed Monday, the White House released the 2023 tax returns of President Joe Biden and first lady Jill Biden, who made a combined income of nearly $620,000 last year.

Trump Media stock drops 18% after filing to sell more shares

U.S. News // 8 hours ago

Trump Media stock drops 18% after filing to sell more shares

April 15 (UPI) -- Share prices for Trump Media took plunged more than 18% on Monday as its largest shareholder, former President Donald Trump, appeared in court at the start of a historic criminal trial in New York.

Advertisement

Advertisement

Advertisement