A group including New York property investor Sharif El-Gamal agreed to buy the Manhattan building that houses the fashion program at the Parsons art and design school, home to television’s “Project Runway.”
Airplane-leasing billionaire Steven Udvar-Hazy hates to wait. When the chairman and chief executive officer of Air Lease Corp. is ready to take off in his Gulfstream IV jet from Los Angeles’s Van Nuys Airport one August morning, he drives straight up to the plane in his black Volks- wagen Jetta, bounds up the stairway, throws off his suit jacket and hops into the pilot seat.
As one of eight brothers who played college football, Derriel McCorvey says he has the game in his blood. Now the Louisiana lawyer is trying to make the National Football League bleed over claims that it concealed data about the dangers of concussions.
InterDigital Inc.’s patent- infringement case against LG Electronics Inc. over mobile-phone technology was revived by a U.S. appeals court that said a trade agency shouldn’t have dismissed the case to have it instead be decided in arbitration.
California’s Assembly gave preliminary approval to begin construction of a $68 billion high-speed passenger rail line down the spine of the most populous U.S. state, even as polls show waning public support.
Galleon Group LLC co-founder Raj Rajaratnam’s lawyer accused U.S. prosecutors of living in a “make-believe” and “imaginary world” where publicly available information about pending deals “didn’t exist.”