The transportation secretary said data would guide the decision. He also stepped up his warnings of potential chaos, saying some airlines could ground their fleets if the shutdown continued.
The Denver Downtown Development Authority finalized $210M in financing for its revitalization efforts after the city council approved a loan and credit agreement.
The agreement, first reported by the Denver Business Journal, provides the development authority with a $160M fixed-rate loan and a $50M revolving line of credit, both from PNC Bank. The financing will fund payments on a 2017 loan and finance downtown development projects.
City council members unanimously approved the agreement on Monday.
Last year, voters supported a ballot measure to allow the development authority to increase debt by up to $570M to be used on revitalization efforts, including new development,…
The emotional impact of unemployment can be profound, experts say — but speaking up about it and building a support system can help.
Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the others, he’s now overseeing the I.R.S.
Many business leaders are skipping the annual United Nations climate summit in Belém, Brazil, or are attending events in other cities.
New court cases seek to define content created by artificial intelligence as defamatory — a novel concept that has captivated some legal experts.
A section of the tall bridge in mountainous Sichuan Province fell, apparently after a landslide. No casualties were reported.
A trade truce between the United States and China has calmed nerves, but it won’t stop the broader movement of companies to countries like Vietnam.
As the government’s closure drags on, commercial airline passengers are suffering. But private aviation is doing banner business.
One of the most powerful figures in global real estate investing is leaving the building. Blackstone’s Kathleen McCarthy, who helped grow the firm’s property arm into a $320 billion behemoth, will depart by year’s end after 15 years with the company, Bisnow reported. McCarthy, 47, has served since 2018 as global co-head of Blackstone Real Estate — the world’s largest private property investor — and will step down to “explore new opportunities,” the company said. Her co-lead, Nadeem Meghji, 45, will take over as sole head of the business. McCarthy joined the firm in 2008 from Goldman Sachs. Since then, […]
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