Fresco Restaurant: Lease Renewal & Midtown Development
Fresco by Scotto, a popular Italian restaurant, celebrates a 10-year lease renewal in Midtown. Amidst new development at 350 Park Ave, Fresco's future looks bright with supportive landlords.
UBS Considers Moving HQ to US Amidst Stricter Swiss Regulations
UBS explores relocating its headquarters to the US, attracted by deregulation efforts and potential mergers, amid stricter Swiss capital requirements. Trump admin officials are in talks.
Kirk Killing: Antisemitic Conspiracy Theories Emerge
Following Charlie Kirk's murder, antisemitic conspiracy theories exploded online, blaming Israel. The ADL condemns the exploitation of the event by bad actors spreading misinformation and prejudice.
Paramount Skydance Eyes Warner Bros. Discovery Acquisition
David Ellison's Paramount Skydance considers acquiring Warner Bros. Discovery amid restructuring. A deal could unite major media brands and Hollywood studios. Focus on streaming, movie slate, and cost reduction.
BLS Data Collection Challenges & Mitigation
BLS faces data collection challenges due to resource restrictions and budget cuts, impacting CPI, PPI, and payroll reporting. An audit is underway. Mitigation strategies are needed.
Chevron CEO: Energy, AI, and Pragmatism in the Fuel Mix
Chevron CEO Mike Wirth discusses energy needs, AI's impact, and the role of fossil fuels despite cleaner alternatives. He emphasizes balancing renewable investments with current energy realities and rising global demands.
Pichai, Google & AI: High-Profile Tech Event & US Investments
Pichai and other tech CEOs, including Zuckerberg, Cook, and Altman, discussed US investments and AI. Google celebrated a positive ruling after a long legal process.
Federal Reserve Under Scrutiny: Bessent Calls for Review
Treasury Secretary Bessent urges renewed scrutiny of the Federal Reserve's policies and independence amid Trump administration pressure. Fed's role in setting interest rates and its insulation from political influence are questioned.
Boar’s Head Listeria Outbreak: Hush-Hush Payouts and Legal Battles
Boar's Head faces legal battles and hush-hush payouts related to a deadly listeria outbreak from its Virginia plant, impacting consumers nationwide. Cases are ongoing; victims seek justice.
Sydney Sweeney & American Eagle: A Winning Partnership
American Eagle's partnerships with Sydney Sweeney and Travis Kelce boosted brand awareness and sales. Sweeney's campaign led to significant social media engagement and consumer acquisition, driving a double-digit stock surge.
Weiss, The Free Press, and Potential CBS News Role
Bari Weiss, founder of The Free Press, may take a senior content role at CBS News after the Skydance Media/Paramount Global merger, causing internal concerns about journalistic independence. Weiss is known for testing left and right.
Trump, Cook, and the Fed: Mortgage Fraud Allegations
Trump administration accuses Fed Governor Cook of mortgage fraud before her appointment. Cook sues, alleging pretext for removal to appoint a Trump ally. Treasury defends Trump's right to fire Cook.
Geffen Marriage Drama: Sex, Lies, and Lawsuits
Donovan Michaels claims marriage to David Geffen was based on cash and control, alleging breach of contract. Geffen's team accuses Michaels of exploitation and blackmail. Prenup absence fuels legal battle.
Musk Sues Apple & OpenAI: AI Competition & App Store Bias?
Elon Musk sues Apple and OpenAI, alleging anticompetitive behavior and App Store bias against xAI's Grok. Claims Apple favors ChatGPT, stifling AI competition. Seeks billions in damages.
Zelle Fraud Suit: Political Stunt?
Zelle faces a lawsuit alleging fraud. Zelle claims 99.95% of transactions are fraud-free. The lawsuit is accused of being politically motivated, mirroring a dismissed case. Allegations of mortgage fraud against the NY AG further complicate the situation.
LA Fitness: Illegal Billing & Cancellation Issues
LA Fitness, Esporta, and City Sports Club are accused of illegally billing millions in recurring fees via difficult cancellation processes, according to an FTC complaint. Members faced obstacles cancelling memberships.
Windowless Seats Lawsuits Against Delta & United
Delta and United face lawsuits for selling 'windowless' seats on Boeing 737/757 & Airbus A321 planes without proper disclosure. Passengers claim they overpaid for these seats. Class action seeks millions in damages.