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Move underscores group’s booming growth and is a welcome sign for the city’s commercial real estate market
Sportswear maker says restructuring expected to result in pre-tax charge of more than $400mn
White House says $14.9bn deal merits scrutiny on security grounds despite Japan being an ally
Discussions about a possible strategic partnership foundered over two firms’ competing visions
As mobile computing invades markets such as healthcare, intellectual property moats will be tested
Caution should surround the discussions about big media deal
A deal could combine CNN and CBS while letting the indebted media groups cut streaming costs
Paper suggests a focus on running the latest technology directly on an iPhone rather than via the internet
Law firm works with Microsoft and AI start-up Harvey in attempt to ‘disrupt the legal market before someone disrupts us’
Multibillion-dollar investment in start-up soured as interest rates rose and Spac craze ended
Plus, PE’s big windfall after a tough year and new hopes for Japanese M&A
Major banks’ forecasts for next year already hit, as market moves after Fed’s dovish comments take analysts by surprise
Move comes amid a wider embrace of labour movement by employees in American workplaces
Rental pioneer is fastest ever to reach a ‘unicorn’ valuation above $1bn
Co-founder of US gas export developer failed to repeat previous success at Cheniere Energy
Once high-flying company gained a $1bn valuation five years ago, but has since struggled to make profits
Sony outsells Microsoft’s Xbox and Nintendo’s Switch as sector recovers from post-pandemic slump
Plans for new political ads team to hit $100mn in sales ahead of US presidential election are met with industry scepticism
Start-up has a ‘benefit trust’ that oversees some seats on its board and does not answer to investors
Consultancy says lack of data capabilities or safety controls to hold back faster deployment
Lower pay in the trading business was blamed for a number of high-profile departures last year
Authorities close two crossings that account for 36% of rail traffic on southern border to redeploy personnel
Republican lawmakers demand probe into deal while Pennsylvania senator vows to block it
Southwest is struggling to manage cost efficiency amid mixed market signals
Xvideos, Pornhub and Stripchat face curbs on age verification and content moderation in latest move by regulators
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