Kushners Give Up Control of Manhattan Tower to Save Themselves

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The Kushners have found their out — and it comes at a price. The family firm of presidential son-in-law Jared Kushner will be relieved of the biggest drag on its real estate empire, will no longer face a $1.2 billion debt payment due in months, will be rid of having to overhaul an aging property. […]

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Samsung Unveils Note 9, Upgraded Watchand Home Speaker

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Apple Inc.’s upcoming iPhones over the holidays. The 6.4-inch screen Note 9 will start at $999.99 and max out at $1,249.99 — becoming, at about $100 above the iPhone X’s upper limit, one of the world’s most expensive consumer phones. It looks similar to last year’s 6.3-inch Note 8 but sports a revamped Bluetooth stylus […]

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Kushners Unload 666 Fifth Ave. to Brookfield in 99-Year Lease

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The Kushner family’s real estate company has secured a crucial investment in its over-leveraged New York skyscraper, reaching a deal to lease the building’s office space for 99 years to a Canadian asset manager. The arrangement with disclosed. The Kushner family’s years-long hunt for a partner has at times drawn intense public scrutiny, as talks […]

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The End of the Global Housing Boom

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From London to Sydney and Beijing to New York, house prices in some of the world’s most sought-after cities are heading south. Tax changes to damp demand, values out of kilter with affordability and tougher lending standards have combined to undermine the market. That could have wider implications because the world’s wealthy have been buying […]

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Freaked-Out Americans Desperately Seek to Escape the News

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Last week, Jen Wrenn, a children’s literacy advocate in San Diego, attended her first political protest after reading about the Trump administration policy of separating small children from their immigrant parents at the border. She had heard Deadline. “A character like Fred takes us back to how we treat each other.” Last fall, the American Psychological […]

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New Yorks CaseAgainst Trump May Be Prophetic

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The report released by the inspector general of the Federal Bureau of Investigation on Thursday painted a vivid picture of the past. It shows that in 2016, James Comey, then the FBI director, inexcusably broke the rules in advertising his department’s investigation into Hillary Clinton while simultaneously following the rules in keeping its investigation of Donald […]

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First Marijuana-Based Medicine Is Approved for Sale in U.S.

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The first-ever medical treatment derived from a marijuana plant will hit the U.S. market in a few months after regulators on Monday gave the epilepsy treatment the green light. The Food and Drug Administration approved Photographer: Kathy Young/AP Epilepsy patients and doctors have long had interest in marijuana’s therapeutic potential. The approval marks the first […]

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Starbucks Pumps the Brakes in Its Home Market

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Americans' long-running joke about a Starbucks on every corner may be nearing its end. The coffee behemoth is retrenching in its home market as it contends with sales growth that Chief Executive Officer Kevin Johnson acknowledges isn’t fast enough. The cafe chain Source: Company data, Bloomberg Note: Data is for fiscal quarters Although business abroad has […]

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Marcus, Casper, Oscar: Why StartupsAre Obsessed With Human Names

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“A person’s name is to him or her the sweetest and most important sound in any language.” Though Dale Carnegie was talking about nurturing relationships, a lot of startups these days are incorporating his observation into branding strategy. They are naming themselves after people.  Over the past few years, a crowd of new companies has emerged across […]

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