Hints and tips:
...Notoriety stems mostly from his promotion of a wave of Chinese reverse mergers as president of New York Global Group....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...“The company is used to just cutting a cheque and getting the support.” A great question surrounding DeSantis is what changed him from those early days of reaching across the aisle....
...Travel spending by big US companies was “well over 50 per cent” of pre-pandemic levels in March, the chief financial officer of American Express told the FT last week....
...The legislative blueprint includes a mechanism to offset the spending with higher taxes on US companies and wealthy Americans....
...The proposal would have allowed AMC to make a series of operational changes — sell locations, reject leases and slim down operations while likely writing off much of the company’s junior debt and equity....
...The company had agreed to open a store across the Hudson River in the American Dream, the maligned New Jersey megamall that after years of remodelling had planned to open its doors to shoppers this March...
...Brunswick Group has hired Philip Delves Broughton as a partner and its head of content in New York....
...Stumbling blocks (2): Intercontinental Exchange, owner of the New York Stock Exchange, admitted it had explored a potential combination with Ebay, reports the Financial Times....
...Innovation has come in the form of robotic surgery and diagnostics, as well as gene therapy, which alters defective genes and replaces them with healthy ones — a great source of hope for conditions from...
...Caldera is suing Apollo, Athene and Mr Black in New York, claiming that the Bermuda lawsuit — and the arbitration action before it — are “shams”, part of a campaign of litigation and slander aimed at suppressing...
...(FT, HBR) If you want to know where climate policy might be heading in America, the New York Times has a great recap of last week’s Democratic Party climate crisis debate....
...York — @JFK_America Sujeet Indap in New York — @sindap Don Weinland in Hong Kong — @donweinland Eric Platt in New York — @EricGPlatt Lindsay Fortado in New York — @lindsfortado...
...Still, there are signs of a supply glut in popular markets. Landlords in some parts of New York are offering one or two months rent-free on high-end properties....
...“I’ve learned over the last 26 years that Jon Gray has great judgment, enormous energy and unique personal charisma, which has enabled him to garner enormous respect within the global financial community...
...“We are in danger of creating a subclass of Americans who will be on pharmaceutical opiates for the rest of their lives,” warns Luke Nasta, who runs Camelot, a rehab programme on Staten Island in New York...
...At a cost of about $250m, the partnership is to develop what AIG described as a “next-generation insurance platform”. AIG shares were up 0.9 per cent to $61.56 at lunchtime in New York....
...But fixing friends’ mobile phones became a profitable distraction; Farrell’s business now employs 32 people and does phone repairs for insurance companies....
...Irwin in the New York Times....
...Sheldon Adelson, the casino owner, has told Mr Trump he could contribute more than $100m to his campaign, The New York Times reported this weekend....
...“It’s funny,” he says, “I see myself as so much of a New Yorker, not as an Englishman in New York. I never did....
...The Scottish Secretary and I have agreed the new fiscal framework with Scotland. We’re also opening negotiations on a city deal with Edinburgh; we back the new V&A in Dundee....
...The push by pension funds, insurance companies and sovereign wealth funds into the shale industry is threatening to eclipse flows into renewable energy projects, previously a significant plank of the infrastructure...
...The result is that Berkshire is the fourth largest company on the US stock market. “Everyone is suffering from Warren Buffett envy,” says the head of a private equity firm in New York....
International Edition