Blackstone is in talks to buy a sizeable stake in a New York 50-story office building from institutional investors of JPMorgan Asset Management, two sources familiar with the matter said on Thursday.
A federal judge ordered an end to the U.S. Securities and Exchange Commission's 16-year-old lawsuit over Allen Stanford's $7.2 billion Ponzi scheme, directing the financier and two former colleagues to pay sums that will go largely uncollected.
Blackstone (BX) is close to an agreement to acquire 1345 Avenue of the Americas, a 50-story midtown Manhattan office tower with 1.9M square feet of space, according to a media report on Thursday.
NEW YORK (Reuters) - Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the potential for looming tariffs.
OpenAI says it is reviewing evidence that Chinese startup DeepSeek broke its terms of service by harvesting large amounts of data from its artificial intelligence technologies. The San Francisco-based startup,
Department of Justice officials have discussed with Manhattan prosecutors dropping corruption charges against New York City Mayor Eric Adams, according to the New York Times, which cited people with knowledge of the situation.
Antonia Apps predicted during this year's Securities Enforcement Forum that new agency leadership would be more thoughtful in deciding when to ban individuals from the securities industry, and would be more receptive to Wells meetings.
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the potential for looming tariffs.
As the federal crackdown on immigration continues​, Mayor Eric Adams has been to testify on NYC's sanctuary city status.
President Donald Trump signed an executive order on Jan. 21 in which he calls for “Encouraging the Private Sector to End Illegal DEI Discrimination and Preferences.” That order mandates federal agencies determine which universities, foundations and corporations should be investigated for their DEI policies, among other things.
Survey of Consumer Expectations sheds light on the level of optimism Americans feel about their future household finances.
MassMutual Private Wealth & Trust FSB grew its position in Albemarle Co. (NYSE:ALB – Free Report) by 48.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).