The announcement was the latest in a series of increasingly aggressive actions by Paramount to buy Warner Bros.
PayPal is paying attention to the rising tide of Manhattan’s office leasing sector. The digital commerce platform signed a lease for 261,000 square feet at 345 Hudson Street in the Hudson Square neighborhood, the New York Post reported. The 10-year lease was quietly put together before the end of last year. Financial details of the lease were not disclosed. PayPal is expected to occupy three floors of the building when it moves in next year, though it’s unclear what will happen to its space at 95 Morton Street. The building is owned by a joint venture of Hines, Trinity Church […]
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The Justice Department’s decision to open up a criminal investigation of Jerome H. Powell, the chair of the Federal Reserve, is a major escalation in the pressure campaign against the central bank to cut interest rates.
The broad shift out of U.S. financial assets revived last year’s trend called the “sell America” trade.
A criminal investigation into Jay Powell, the Federal Reserve chair, may be the most consequential attack yet on the central bank’s political independence.
A British regulator said it had started a formal investigation into Mr. Musk’s chatbot over the spread of illegal images.
Three Soho storefronts have changed hands. Declaration Partners Real Estate and Hilltop Real Estate have inked a deal for the master lease at three Soho storefronts. The firms will control 113-121 Prince Street for 25 years in exchange for a little over $50 million, according to city records. The lease also gives the option to extend to 2091. It’s the latest retail deal in Soho, where asking rents have picked up. The neighborhood is now the most expensive retail corridor south of Times Square, according to a 2025 report from the Real Estate Board of New York. “There’s no availability […]
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The European Commission allowed carmakers to volunteer limits on their imports from China instead of paying tariffs, an arrangement that could help Volkswagen.
The combination of the two small, budget airlines comes as low-cost carriers have struggled with high costs and competition.
More large donations from wealthy Silicon Valley figures are expected as they try to marshal opposition to a proposed ballot measure that would impose a new tax on billionaires.