After 12 years of Mayor Michael Bloomberg boosting New York’s finance industry, Wall Street is adjusting to the almost inevitable election of Bill de Blasio, who is campaigning against income inequality and calling for higher taxes on the rich.
Norway’s sovereign-wealth fund agreed to buy a 45 percent stake in a Manhattan office building from Boston Properties Inc. for $684 million, expanding its real estate holdings in the world’s largest economy.
Mort Zuckerman , chairman of Boston Properties Inc. and publisher of the New York Daily News, can continue his fraud suit against Ezra Merkin and his Gabriel Capital Corp. over $40 million in losses stemming from investments made with Bernard Madoff , a judge ruled.
Galleon Group LLC co-founder Raj Rajaratnam, facing insider-trading charges, asked a judge to throw out government wiretaps of 2,400 of his conversations and evidence prosecutors gathered after listening to them.
June 25 (Bloomberg) -- Boston Properties CEO Mort Zuckerman talks about media, Warren Buffett's investing in newspapers and online news delivery. He speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)