The setback occurred hours after one of the world’s largest nuclear complexes restarted, ending more than a decade of dormancy following the 2011 Fukushima Daiichi meltdown.

Adem Bunkeddeko, a state comptroller candidate, wants to use some of New York’s $290 billion pension fund to buy a percentage of Madison Square Garden Sports.

The president used a keynote speech at the World Economic Forum in Switzerland to renounce the last vestiges of the liberal democratic order.

As the justices weighed the consequences of allowing President Trump to fire a Federal Reserve official, the president reprised his pressure campaign on the central bank.

The F.C.C. said it planned to enforce long-dormant rules on appearances by political candidates on network talk shows.

Donald Trump commuted the federal prison sentence of a Brooklyn real estate developer convicted in a sweeping mortgage fraud scheme that fueled a $50 million buying spree across Hartford’s multifamily market. Jacob Deutsch, who was sentenced to five years behind bars, saw his prison term, fine and related penalties wiped away by a grant of executive clemency signed last week, the Hartford Courant reported. Trump offered no explanation for the decision.  The case centered on a yearslong effort by Deutsch and his cousin, Aron Deutsch, to amass dozens of apartment buildings using falsified financial records. Federal prosecutors said the cousins […]

This article originally appeared on The Real Deal. Click here to read the full story.

One of the most active proptech and climate tech venture capital vehicles is taking a significant step back. 
Fifth Wall has reduced its headcount and suspended fundraising, according to Axios. The VC firm has more than $3B in commitments and assets under management. It has companies like property management startup Lessen, solar software company Aurora, leasing platform VTS and storage marketplace Neighbor in its portfolio.
Fifth Wall didn’t specify how many employees it let go and didn’t respond to a request for comment.
The proptech firm cited interest rates and shifting climate policy from the Trump administration as deciding factors in the reductions. 
While the Federal…

The Post, in its first legal filing since the government searched the home of a reporter last week, had demanded the return of the seized materials.

The justices were alert to the central bank’s crucial role and wary of issuing a broad ruling based on rushed briefing and incomplete information.

One of the biggest names in proptech investment is dealing with a major shakeup. Fifth Wall reduced headcount and pressed pause on active fundraising, Axios Pro reported. Chief executive officer Brendan Wallace confirmed the business decisions to the outlet. It wasn’t immediately clear how many employees were affected, though people familiar with the firm told the outlet the climate team was hit particularly hard. The company cited a familiar foe of the real estate industry for the cuts, pointing to high interest rates. The firm also pointed to climate policies under President Donald Trump’s administration. The federal government’s shift away […]

This article originally appeared on The Real Deal. Click here to read the full story.