As TF Cornerstone tees up its office-to-residential conversion of 135 E. 57th St., shoppers have hounded…
Continue ReadingCategory: Business 7
Sublease crisis winding down in latest sign of NYC office recovery
The wind’s gone out of the great sublease balloon that supposedly spelled doom for the city’s…
Continue Reading
The Trump economy is far from the Reagan boom- and Wall Street’s top CEOs are pushing back on the president’s rosy outlook
Last week, some of the nation’s top CEOs talked and laughed with President Trump while enjoying dinner at…
Continue Reading
Trump is considering portable mortgages – here’s how they work
Federal Housing Finance Agency Director Bill Pulte said the government agency is “actively evaluating” portable mortgages, which would…
Continue Reading
Ousted Verizon boss could still pocket most of $20M salary as company cuts 15,000 jobs
The former Verizon CEO ousted last month by the company’s board could still collect most of…
Continue Reading
Ford CEO Jim Farley laments he can’t fill 5,000 mechanic jobs paying $120K per year
Ford has been unable to fill some 5,000 openings for mechanics despite offering a salary of…
Continue Reading
NYC Mayor-elect Zohran Mamdani calls for Starbucks boycott as union strikes
Coffee drinkers of the world, unite? New York City’s socialist Mayor-elect Zohran Mamdani is urging his…
Continue Reading
Purdue Pharma’s $7B opioid bankruptcy deal to settle thousands of lawsuits gets green light
A federal bankruptcy court judge on Friday said he will approve OxyContin-maker Purdue Pharma’s latest deal…
Continue Reading
Bitcoin falls to six-month low as investors turn risk averse
Bitcoin dropped Friday – trading below $96,000 for the first time in over six months –…
Continue Reading
Dow falls over 300 points while Nasdaq rebounds from weeks long tech rout
The Dow Jones Industrial Average plunged Friday while the tech-heavy Nasdaq reversed a weeks long rout…
Continue Reading
Trump slashes coffee, banana tariffs to cut soaring grocery bills
The Trump administration announced Thursday it will eliminate tariffs on coffee, bananas, other food imports and…
Continue Reading
Walmart CEO Doug McMillon to retire after 10 years at the helm
Walmart CEO Doug McMillon is retiring from his position after more than 10 years running the…
Continue Reading