Vikas Nath faces charges of administering a substance with intent and possession of a Class B drug after staff at exclusive club Annabel's witnessed him tampering with a drink. He admitted adding GBL but denied sexual intent.
Venture firm SNAK, founded by ex-Pritzker Group investors, closes an oversubscribed $50 million fund to back digitization in overlooked industrial and B2B verticals, betting on a new wave of marketplace startups beyond consumer tech.
Following its full acquisition of Taubman Realty Group, Simon Property Group is launching a major redevelopment initiative at three high-performing malls in Nashville, Denver, and Tampa, signaling a strategic shift towards upgrading prime assets in saturated markets.
As a historic wave of Baby Boomers approaches retirement, locking in a date demands more than financial readiness. Experts warn that overlooking healthcare gaps, market volatility, and the psychological shift from work can derail even the best-laid plans.
As the IRS introduces new reporting forms for cryptocurrency, tax experts warn that common oversights in record-keeping and transaction classification could lead to audits and unexpected liabilities for investors.
Legacy Ridge Capital Management's latest investor letter reveals a cautious stance on Palantir Technologies despite its record revenue, highlighting valuation concerns and pointing investors toward alternative AI opportunities with potentially better risk-reward profiles.
The Washington Post is undergoing a significant contraction, scaling back its international footprint and dismantling core sections like Sports and Books. The move, described by management as a necessary reset, has sparked internal turmoil and raised questions about the paper's future direction under owner Jeff Bezos.
New data reveals the net worth threshold for America's top tier in their late 60s, but the reality of wealth at this age is more about security than status.
A historic winter storm sweeping across the U.S. is cited as a key factor behind a significant 8.9% drop in mortgage applications, marking the second weekly decline and dampening early-year housing activity.
GenLogs, a startup founded by former CIA and State Department officers, has secured $60 million in Series B funding. The company is applying intelligence community techniques to combat fraud in the fragmented $3 trillion trucking industry by providing a visual, sensor-based record of what carriers actually do, not just what they claim.
The Washington Post has initiated a significant strategic reset, resulting in widespread layoffs and the closure or restructuring of several key departments, including Sports and Books, as the news organization grapples with a challenging media landscape.
In a major shift from its exclusive-content era, Spotify is forging a key alliance with Netflix, placing select video podcasts from The Ringer on the streaming giant's platform. The move aims to capture new audiences in an increasingly crowded digital landscape and challenge YouTube's podcast dominance.
In a strategic move to secure a foothold in lucrative federal and defense markets, Worksport Ltd. has partnered with the bipartisan government relations firm Potomac International Partners. The alliance aims to position Worksport's portable solar and energy storage systems as critical infrastructure solutions for agencies ranging from the Department of Defense to disaster response teams.
Opinion, a blockchain-based prediction market handling a third of global volume, has raised $20 million in a pre-Series A round. The funding highlights sustained investor interest in on-chain event trading platforms, even as broader crypto markets remain subdued.
Citi analysts report Bitcoin is trading below the average cost basis of U.S. spot ETF holders and nearing a key pre-election price floor, as fading institutional inflows and macro headwinds pressure the cryptocurrency market.
Banks are turning to institutional investors to offload tens of billions in project loans tied to Oracle's AI-driven data center expansion, a move facilitated by rare investment-grade ratings for construction-phase debt.
Italian authorities announced the disruption of a series of cyberattacks, attributed to Russian actors, aimed at Olympic infrastructure and diplomatic sites just hours before the Games commence, amid heightened security and political tensions.
A routine student achievement report in California's Pajaro Valley Unified School District ignited a tense exchange over language, as a board vice president demanded the term "homeless" be replaced with "unhoused," calling the former personally offensive.
Federal immigration authorities will significantly reduce their operational footprint in Minneapolis, citing enhanced cooperation with local jails and officials that allows for a more targeted approach.
Michael Hartnett, Bank of America's chief investment strategist, issues a stark warning on global stocks as markets show extreme overbought conditions. The caution follows a sharp selloff in software shares and rising volatility, prompting a defensive shift towards gold, bonds, and commodities.
