Profits rose to $34.5 billion last quarter, as the tech giant gained ground with its Gemini system, bolstering its search business and YouTube.
In a House committee hearing, the Treasury secretary declined to say if the president has the power to fire a member of the central bank’s board.
The Trump administration announced that the company, a pharmacy benefit manager, had agreed to make significant changes to its practices.
The Equal Employment Opportunity Commission has worked under President Trump to dismantle diversity, equity and inclusion policies.
The French investigation into Elon Musk’s X illustrated a fundamental divide between European and American leaders about how to regulate social media — or whether to restrict it at all.
Simon Property Group will spend $250M to upgrade three malls, the retail REIT’s first new major renovation plan of 2026.
In the recent Spike Lee film “Highest 2 Lowest,” actor Denzel Washington, playing a music mogul, spends a good portion of the movie in his sprawling Dumbo penthouse, negotiating the release of his kidnapped son. Now, it appears some more pleasant negotiations have gone down between a buyer for the starring unit and Fortis Property Group, the developer behind the property. The penthouse went into contract with a last asking price of $17.5 million, according to StreetEasy. The deal comes three years after the building’s other penthouse on the 33rd floor appeared to go into contract with an asking price […]
This article originally appeared on The Real Deal. Click here to read the full story.
A joint venture between World Wide Group and Rabina secured a sizable loan to refinance a Long Island City rental tower. KKR provided a $160.2 million loan to ownership at 41-42 24th Street in the Queens neighborhood, the Commercial Observer reported. The loan goes toward the 421-unit QLIC, which opened its doors to residents more than a decade ago. “QLIC exemplifies the type of high-quality, stabilized asset we look to support, with durable cash flow, high occupancy, and a prime, transit-oriented location in Long Island City,” KKR managing director Adam Simon said in a statement. A JLL team led by […]
This article originally appeared on The Real Deal. Click here to read the full story.
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Sixteen elected treasury officials, all Democrats, wrote to President Trump to say ICE crackdowns are bad for business and tax revenues: “People must feel safe to go to work.”