Larry Silverstein, redeveloper of towers at New York’s World Trade Center site, said he will expand investment in China and enter Israel for the first time to capture rising demand from wealth built on natural resources.
Frank Lautenberg, the millionaire businessman turned U.S. senator who wrote laws that raised the legal drinking age to 21 and banned smoking on domestic airplane flights, has died. The five-term Democrat from New Jersey was 89.
The Port Authority of New York and New Jersey fired its treasurer and two of her staff members for accepting meals and theater tickets on local and international trips, said a person familiar with the matter.
A group led by Kiewit Corp. and a Macquarie Group Ltd. unit won a Port Authority of New York and New Jersey contract to finance, design and build a $1.5 billion replacement for the 85-year-old Goethals Bridge.
BNP Paribas SA, France’s largest bank, has notified the Port Authority of New York and New Jersey that it intends to unwind an interest-rate swap next month that would cost the agency about $63 million.