Relatives of Michael Cohen, President Donald Trump’s longtime personal lawyer, are looking to unload condominium units in a Trump building as he faces down an expensive legal battle. Fima Shusterman, Cohen’s father-in-law, is trying to sell all three units he owns in Trump World Tower in Manhattan near the U.N., according to two people familiar […]
21st Century Fox Inc.’s entertainment assets, according to a person familiar with the matter, creating a potentially insurmountable hurdle for a rival bid from accepted a sweetened bid from Disney, which upped its offer following Comcast’s $65 billion bid last week. The $38-a-share price is about $10 a share higher than what Disney offered in […]
Facebook Inc. co-founder Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth. Zuckerberg, who trails only Amazon.com Inc. founder Bill Gates, eclipsed Buffett Friday as Facebook shares climbed 2.4 percent, according to the
The meltdown in Bitcoin is weighing on more than the biggest cryptocurrency. Over 80 percent of 1,586 digital coins Finder.com tracks in a weekly survey decreased in price in the past seven days. The tokens fell 19 percent on average, Finder.com found in the week ended June 25. Trading volume dropped as well, declining by […]
In early May, my colleague Monte Reel and I profiled Andrés Manuel López Obrador (many call him AMLO), the front-runner in Sunday’s upcoming vote, for a cover story. Ahead of Sunday’s election, I found myself reflecting on these five things I learned while reporting our AMLO story. 1. López Obrador adapts speeches to his audiences with the precision of a […]
A chapter of U.S. air travel came to a quiet end on July 4 when the final turboprop flight at American Airlines Group Inc. landed on Maryland’s Eastern Shore at dusk. American regional carrier Piedmont Airlines was the final operator of turboprops among the Big Three U.S. carriers and their affiliates, an era that stretched back to […]
The American retail marketplace for firearms is a tale of two guns: There’s the handgun, and there’s the modern sporting rifle. Both sell by the millions each year, but the modern sporting rifle—a category whose best-known product is the AR-15—commands far more attention from manufacturers, retailers and buyers as well as gun-control activists. For the industry, this lopsided dynamic has […]
Cleveland (AP) — LeBron James is leaving home for Hollywood and an iconic team. The Los Angeles Lakers have a new superstar — L.A.-Bron. The four-time NBA MVP announced Sunday night that he has agreed to a four-year, $154 million contract with the Lakers, joining one of the league's most storied franchises and switching conferences […]
Few questions are more urgent than where to eat when you’re traveling to a place with more than two restaurants. It’s certainly omnipresent for people who are visiting New York. (“Where should I eat?” is a question any local food critic hopes to never hear again.) The city has one of the best and deepest restaurant rosters in the […]
The largest family fortune on earth is run out of two floors of unmarked suites in Bentonville, Arkansas. The building is a discreet nerve center for the Walton family’s $152 billion hoard. There are plenty more overt signs of their success in the heart of the city. Walton’s former five-and-dime store in Bentonville, Arkansas. Photographer: […]
