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How JLL’s investment arm is betting big on industrial real estate
Allan Swaringen, CEO of JLL IPT, is “bullish” on industrial, as new opportunities continue to present themselves and returns are now better than in multifamily.
Supreme Court upholds birthright citizenship, blocks Trump order
President Donald Trump attended oral arguments in the case, underscoring his staunch opposition to granting automatic citizenship to many immigrants’ babies.
Eli Lilly, Regeneron among first companies selected for FDA initiative to speed review of new manufacturing facilities
Eli Lilly and Regeneron are among the first seven companies the FDA has selected for its PreCheck Pilot Program, CNBC has learned.
Trump says he picks Sonderling to be labor secretary
President Donald Trump posted on Truth Social on Monday that he would nominate Keith Sonderling, who is acting labor secretary, to take on the role permanently, which would require Senate approval.
Comcast’s NBCUniversal spinoff raises hope for more deals. There may not be good options
Comcast plans to separate its cable and media divisions over the next year. This could set each company up for M&A, but there might not be any good options.
Lobbying push to nix Pentagon defense contractor share buyback ban heats up
Defense companies and their trade groups are pressing Congress against writing a requirement that the Pentagon approve stock buybacks into law.
Supreme Court rejects Republican challenge of Mississippi mail-in ballot rule
Justice Amy Coney Barrett, whom Trump nominated in 2020, rejected arguments that federal laws preempt Mississippi permitting late-arriving absentee ballots.
Supreme Court allows Trump to fire FTC member, major win for presidential power
The ruling allowing President Donald Trump to fire FTC Commissioner Rebecca Slaughter overturns a key precedent known as “Humphrey’s Executor.”
Supreme Court rules Trump cannot fire Fed Governor Lisa Cook for now
The ruling by the Supreme Court means that Lisa Cook will remain as a Federal Reserve governor as her lawsuit challenging Trump’s effort to fire her proceeds.
Supreme Court rejects Trump bid to appeal E. Jean Carroll $5 million verdict
The Supreme Court on Monday said it would not hear an appeal by President Donald Trump of a New York federal court jury’s verdict awarding the writer E. Jean Carroll $5 million for having been sexually abused and defamed by Trump. Read more A surprisingly strong summer box office could mean Hollywood’s first $10 billion […]