New York University’s $1.9 billion plan to expand its campus has alienated faculty, angered residents and prompted lawsuits. Municipal bondholders remain unfazed, rewarding the school with the lowest borrowing costs since 2010.
Clint Eastwood, whose “Gran Torino” film focused on the heroics of a retired Detroit auto worker, returned to that theme in a two-minute Super Bowl commercial for Chrysler Group LLC last night, heralding the city’s recovery.
“Godzilla,” a new take on the 1950s Japanese monster classic, opened at No. 1 in domestic theaters this past weekend, surpassing forecasts with $93.2 million for Thomas Tull’s Legendary Entertainment LLC and partner Warner Bros.