After a 15-day standoff, a deal cleared the way for YouTube TV to resume carrying ESPN, ABC and other Disney-owned channels.
It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place.
A gene therapy for Duchenne muscular dystrophy caused complications to the liver, prompting a review of its use for younger patients.
Tequila scion Juan Beckmann Vidal appears to have weighed an ambitious exit from 432 Park Avenue, the poster tower of Billionaires’ Row’s boom and bust. The Jose Cuervo owner recently listed his three-bedroom condominium for $90 million before the offering was abruptly pulled this week, the Wall Street Journal reported. The listing vanished after the Journal asked questions about the unit’s ownership. Vidal couldn’t be reached for comment, and it’s unclear whether he still plans to try his luck in a building where luck has been in short supply. The tower has been plagued with drama related to its defects, […]
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Under the plan, the company will dissolve and its owners, members of the Sackler family, will pay as much as $7 billion of their personal fortune to states, localities, tribes and others harmed in the opioid crisis.
Anthropic is diving deeper into the data center development game. The company has laid out a $50 billion plan to build its own AI campuses across the United States, Bloomberg reported. The move underscores how quickly tech giants are swallowing land and power in pursuit of computational heft. The OpenAI rival detailed the build-out this week; the first sites are expected to come online next year. Unlike its past reliance on cloud titans Amazon and Google, Anthropic is taking the lead on this round of infrastructure, partnering with U.K.-based “neocloud” startup Fluidstack to deliver gigawatts of capacity. Anthropic framed the […]
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Starwood Capital Group quietly sold a building in the South Bronx for nearly $100 million. The firm helmed by Barry Sternlicht sold two commercial condominium units at 425 Westchester Avenue to EducationRE for $93.9 million, according to city records reported by the Commercial Observer. The buyer is a Florida-based not-for-profit that helps under-resourced schools with development and financing. The 10-story, 150,000-square-foot building counts Zeta Charter School and the Jewish Child Care Association among its anchor tenants. EducationRE is expected to help the charter school’s development of a facility, according to an application with the New York City Economic Development Corporation. […]
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A Biden-era rule, now halted, would have forced airlines to pay passengers up to $775 in cash for significant flight disruptions.
The exit by RedBird Capital Partners comes months after it agreed to buy control of the media company in a deal that valued it at $658 million.
Jobs and inflation data will be released late and with caveats, complicating the Federal Reserve’s interest rate deliberations.