Why this apartment developer is deploying $1 billion of new capital toward older buildings
Toby Bozzuto, CEO of Bozzuto Group, calls the oversupply in multifamily real estate “temporary.” ...
Category : Business
Billionaire family offices invested in pro soccer, bitcoin and semiconductors before the new year
The private investment firms of Leon Cooperman and the Walton family disclosed bold stock buys last quarter....
Restaurant reservation wars heat up as DoorDash enters the arena with Resy, OpenTable
The still-simmering reservation wars of the last decade could fully reignite this year, as a shifting tech landscape pits the biggest players against each other....
Jamie Dimon says AI is already reshaping JPMorgan Chase’s workforce as bank plans ‘huge redeployment’
JPMorgan, the world’s biggest bank by market cap, has the industry’s largest annual tech budget at nearly $20 billion, and it has outlined an ambitious...
Home Depot beats Wall Street’s expectations, even as sales decline
Home Depot beat fourth-quarter earnings expectations after missing estimates the prior three quarters....
Cruise companies cancel Puerto Vallarta stops after violence in Mexico
American travel companies are scrambling to reroute cruise ships and take care of tourists to Mexico....
Airlines halt Puerto Vallarta flights after violence following Mexican cartel leader’s killing
U.S. and Canadian airlines halted flights to Puerto Vallarta, Mexico, as well as some to Guadalajara, Mexico....
As American Girl turns 40, Mattel grapples with bringing dolls into a new era
American Girl marks its 40th anniversary after five quarters of sales growth, but revenue remains far below its peak as Mattel faces industry pressures....
Under mounting toy pressures, Hasbro has a secret sauce that Mattel hasn’t matched
Hasbro’s secret weapon has been its Wizards of the Coast division, which includes Dungeons & Dragons, Magic: The Gathering and the company’s digital games....
Illiquid loans, investor demands: Blue Owl’s software lending triggers another quake in private credit
Blue Owl, a direct lender specializing in loans to the software industry, said it had sold $1.4 billion of its loans to institutional investors at...