Business Industrial
Empire State Realty Trust (ESRT) defies Manhattan office market trends with high occupancy (94.2%). Renewals & strategic upgrades drive success, overcoming class distinctions. Key leases: Gerson Lehrman, Workday, Carolina Herrera.
Samsung & LG consider reshoring to the US (South Carolina & Tennessee). Honda denies moving production. Driven by rising costs & supply chain issues, other companies like Toyota & GE are also reshoring.
India’s fintech sector is expected to grow strongly over the next 10 to 20 years, with huge potential to expand digital payments and offer more financial services such as credit and insurance, especially for those who are currently underserved, said MobiKwik Co-Founder Upasana Taku.
The Port Newark Container Terminal was going full-out on Wednesday after President Trump’s punishing tariffs kicked in, with cranes working to unload one ship after another — as shippers, retailers and importers braced for the stiff new duties to be levied on the next load of cargo from overseas.
During her opening statement, Wynn-William, Facebook’s former director of global public policy, told lawmakers that Meta began providing briefings to the Chinese Communist Party “as early as 2015” while pursuing “Project Aldrin” – a top-secret effort to gain access to China’s lucrative market.
US consumer spending for Easter is expected to rise about 5% this year as Americans snap up candy and gifts to celebrate despite concerns around high inflation and economic uncertainty, a National Retail Federation report showed on Tuesday.
Indian startups struggle to compete with global big tech companies like Google, Facebook, and Amazon, due to their vast resources and control of data, said Ansuman Pattnaik, director general, Competition Commission of India (CII), the country's anti-trust body.
A section of the market also pointed out that banks have accumulated temporary surplus due to increase in government cash balances and surge in CDs.
Shoppers may soon see higher price tags on many pharmaceutical drugs, which are also manufactured in Switzerland, Germany and the UK en masse; food products; and electronics — all goods that the US largely imports from other nations, experts told The Post.
In January, the realtor signed a memorandum of understanding (MoU) with Technopark to develop a World Trade Center (WTC) and business hotel in Thiruvananthapuram, spanning 1.5 million square feet.
An investigation determined the packages were shipped to the US from China, then transported to Texas and were intended to pass across the US-Mexico border, where they would be used to manufacture illicit fentanyl, officials said.
"Our walkable downtown, iconic venues, and beautiful landscape at the base of the Rocky Mountains sets the stage for the Sundance Film Festival to flourish in its next chapter," said Charlene Hoffman, CEO of Visit Boulder.