With members embedded in multiple agencies, the team’s approach to transforming government is becoming “institutionalized,” as one official put it.

Worn by Matthew Broderick in “Ferris Bueller’s Day Off,” the vest could fetch several hundred thousand dollars, according to Sotheby’s.

Though the Sackler name was tarnished over Purdue Pharma’s role in the opioid crisis, Arthur Sackler’s should not be, she insisted; a company founder, he died well before the trouble began.

The president could tighten federal oversight of the tech titan’s businesses, even if heavy reliance by the Pentagon and NASA on them makes terminating Mr. Musk’s contracts less feasible.

The theater chain’s decision brings it in line with what its biggest competitors, Regal and Cinemark, have been doing since 2019, but it risks irking loyal customers.

The warm welcome for a technology executive whose purchases of the president’s digital coin won him a White House tour illustrates inconsistencies in the administration’s views toward visitors from China.

Three London residential property companies controlled by a former Bangladeshi politician accused of laundering money in UK real estate have gone into administration, Bisnow can reveal. 
Partners from Grant Thornton were appointed administrators to Sadakat Properties Limited, Zaria Properties Limited and Zeba Properties Limited on 22 May. All three are ultimately controlled by Saifuzzaman Chowdhury, Companies House records show. 
Chowdhury was land minister in the Bangladesh Awami League party, one of the country’s two largest political parties. It was overthrown following student-led protests in 2024. 
The interim government led by Muhammad Yunus, the Nobel Peace Prize-winning economist who pioneered the concept of microfinance,…

Staffing cuts at the federal Department of Housing and Urban Development may have undercut the agency’s ability to perform crucial tasks, according to internal memos at the agency.

President Trump’s decision to pull a close associate of Elon Musk’s out of the running to lead NASA helped doom an extraordinary partnership.

Blackstone’s nontraded REIT has refinanced a 59-property industrial portfolio across 13 states. 
It secured a $1B CMBS loan originated late last month by Goldman Sachs, German American Capital Corp., Barclays Capital Real Estate Inc. and JPMorgan Chase, according to a KBRA presale report.  
The 11.6M SF portfolio includes warehouse, cold storage, light industrial, manufacturing and parking assets. Just over $981M of the mortgage is to repay Blackstone Real Estate Income Trust’s prior loan on the portfolio, and the rest is for closing costs. 
The interest-only, floating-rate loan has an initial two-year term with three one-year extension options. 
The portfolio consists of 58 industrial properties and one surface parking lot. It includes…