The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.
Soloviev Group is eyeing an office tower for its 57th Street site. CEO Michael Hershman says his firm is looking for a company to anchor an office tower on its decades-in-the-making assemblage on 57th Street. “There’s simply too many companies looking and not enough space,” he told me at the Real Estate Board of New York’s gala last week. “We think our property on 57th Street is the perfect location to build a corporate headquarters, for either a domestic or foreign company.” He would not, however, discuss who Soloviev Group has talked to so far, but said more than 900,000 […]
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There were 202 transactions totaling $364 million filed in New York City records from 4 p.m. on Friday, Jan. 23 through 4 p.m. on Monday, Jan. 26. 🏆 Residential: The Upper West Side had the top home sale recorded in the city. Joshua Pristaw, president of real estate investment firm Clarion Partners, Bethany Pristaw, general counsel and chief compliance officer at real estate investment firm Prospect Ridge, snapped up a sponsor unit at The Henry at 211 West 84th Street, which was developed by Miki Naftali’s Naftali Group. The price was $9.8 million, well above the unit’s asking price of […]
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Farmers are critical to Iowa’s economy. They have been battered by President Trump’s tariffs and are not yet experiencing the “golden age” that the president promised.
The National Transportation Safety Board is set to vote on the probable cause of last year’s crash near Washington and make recommendations.
Institutional investors are beginning to bet more on the recovery of the Greater Boston market, but Boston commercial real estate experts worry development-limiting policies may end up stunting the rebound.
Executives who spoke at the Bisnow C-Suite Kickoff event Thursday said they are excited about the CRE investment possibilities in 2026 but have concerns that Boston won’t be in a position to capitalize when opportunity comes knocking.
The Federal Reserve is expected to hold interest rates steady on Wednesday, despite relentless attacks from President Trump over borrowing costs.
After nearly 20 years of negotiations, the two sides struck a far-reaching agreement that officials called “the mother of all trade deals.”
The cost of borrowing is already choking crucial public spending in many developing economies. Now it’s raising broader alarms.
The administration announced a $1.6 billion deal with USA Rare Earth. The firm also does business with Cantor Fitzgerald, which is run by the sons of President Trump’s commerce secretary.