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Flexible Leases Let New York Renters Live the High Life
Business

Flexible Leases Let New York Renters Live the High Life

The owners of New York private members club Fasano Fifth Avenue opened in spring 2021 with 12 fully furnished luxury rental residences on Manhattan’s Upper

As Rates Rose, Banks Did a Balance-Sheet Switcheroo
Finances

As Rates Rose, Banks Did a Balance-Sheet Switcheroo

Lenders pledged to hold on to money-losing bonds until maturity, allowing them to avoid reporting losses. Source link

The Hidden Ecosystem of Free Vacation Stuff
Business

The Hidden Ecosystem of Free Vacation Stuff

Danielle Thomas dashed off one last Facebook post from Las Vegas on the way to check out of her hotel last week. It wasn’t like

Micron Revives Some of Its Worst Memories
Finances

Micron Revives Some of Its Worst Memories

The memory-chip maker is now losing billions as it writes down inventory to wait out downturn. Source link

For Alibaba, Six Is Bigger Than One---And a Smaller Target
Finances

For Alibaba, Six Is Bigger Than One—And a Smaller Target

There are good reasons to think that a split-up Alibaba would be more valuable. In this case, politics and profits are pointing in the same

UBS Brings Back Sergio Ermotti as CEO
Finances

UBS Brings Back Sergio Ermotti as CEO

UBS said its former leader Sergio Ermotti will return as chief executive, as the Swiss banking giant moves into a new era with its takeover

‘Succession’ Season 4 Premiere Draws 2.3 Million Viewers, a Show Record
Business

‘Succession’ Season 4 Premiere Draws 2.3 Million Viewers, a Show Record

Business Media & Marketing It is the Emmy-winning HBO show’s final season Source link

EV Startup Lucid Cuts 18% of Workforce, Including Some Executives
Business

EV Startup Lucid Cuts 18% of Workforce, Including Some Executives

The maker of high-end electric cars plans to lay off about 1,300 employees. Source link

Americans to Be Barred From Buying Ozempic in British Columbia
Business

Americans to Be Barred From Buying Ozempic in British Columbia

Provincial health officials urged doctors and pharmacists to make sure people are taking the drug to treat diabetes, not lose weight. Source link