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"ArcelorMittal believes that it is more appropriate to focus its capital elsewhere in its business," the company said in a statement.
According to Glen Suarez, director of investments at Knight Vinke, the bank needs to focus its capital and management on the areas where it has an edge, such as private banking and retail financial services in emerging markets.
The governor said he was concerned that if Newark is not included in the deal, the Port Authority of New York and New Jersey will focus its capital investments on the two New York airports.
The benefit of being the Goliath of the Big Oil bunch is that ExxonMobil can focus its capital and attention on the biggest of the world's energy megaprojects the progress of which is measured not in months or quarters, but in years.
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It now focuses its capital markets business on serving private and corporate clients.
But Pemex focuses its scanty capital budget on oil.
QuantiaMD now wants to focus its efforts (and its new capital) on becoming a software provider, with products like this suite for health payers and providers.
Calera Capital, a company with offices in San Francisco and Boston, has focused its $2.8 billion in capital across 30 investments, chiefly in middle-market companies in financial and business services.
He added that the company is shedding many of the sideline businesses that had been a target of criticism for financial analysts, to focus on its capital investment program.
But the current Republican Congress has very little interest in expanding high-speed rail, and it's hard to blame the previous Democratic Congress for focusing its time and political capital on health care reform, financial regulatory reform, and (to a lesser extent) global climate change, perhaps at the expense of infrastructure investment.
At Harvard-Westlake SchooLos Angelesgeles, Thomas Hudnut, the headmaster, said the school was more focused on its capital campaign than on building its $57 million endowment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com