The chip company ended trading Tuesday with a valuation of more than $1 trillion, becoming the seventh U.S. company to reach that status.
A London office building bought for £410M just five years ago has been put into receivership after a loan secured against it was not repaid when it matured.
Partners at Alvarez & Marsal have been appointed fixed charged receivers over the special-purpose vehicle that owns 20 Canada Square in Canary Wharf, Mingtiandi reported.
The 581K SF building was bought by Hong Kong investment firm Cheung Kei for £410M in 2017, but BP, one of the two main tenants, is exiting the building.
JLL was appointed to sell the building earlier this year, with a guide price of £250M, Bloomberg reported, and it has a…
Westfield will walk away from its namesake retail property, the Westfield San Francisco Centre, ceasing payments on a $558M loan on the mall and inflicting yet another wound on the struggling downtown San Francisco.
Westfield cited the recently announced Nordstrom closure, declining foot traffic, a decrease in sales volume and concerns about the safety and cleanliness of the streets in proximity to the downtown mall at 865 Market St., according to the San Francisco Chronicle, which broke the story Monday.
“For more than 20 years, Westfield has proudly and successfully operated San Francisco Centre, investing significantly over that time in the vitality…
Modelo Especial overtook the brand as the top-selling U.S. beer in May, punctuating a monthslong boycott of Bud Light that has reshuffled the beer industry.
The National Labor Relations Board, with a Democratic majority, restored a standard that counts more workers as employees rather than contractors.
A judge urged the Securities and Exchange Commission to reach a compromise with Binance that would allow the world’s largest cryptocurrency exchange to continue operating in the United States.
A judge urged the Securities and Exchange Commission to reach a compromise with Binance that would allow the world’s largest cryptocurrency exchange to continue operating in the United States.
Three of the major broadcast networks — ABC, NBC and CBS — interrupted their usual afternoon programming to cover the news.
The Treasury secretary, speaking to a House committee, said trade and investment were crucial in U.S.-Chinese relations.
Carmine Di Sibio will serve as global chairman and chief executive through June 2024, a year earlier than the planned end of his recently extended term.