Vornado Realty Trust chairman Steve Roth condemned NYC Mayor Zohran Mamdani's public criticism of billionaire Ken Griffin, calling it a "blunder" and an "ugly, unnecessary video stunt." Mamdani's video targeted Griffin for owning a $238 million apartment, which could jeopardize Griffin's partnership with Vornado and Rudin to build a $4.5 billion skyscraper on Park Avenue. The project promises significant economic benefits, including jobs and tax revenue. Roth and others fear Mamdani's actions could drive Griffin away, risking the city's commercial real estate development and financial health. Despite this, Roth still expects the project to proceed, but the incident highlights tensions between the city's leadership and major real estate investors.
Dycom Industries reported a record first quarter with contract revenues up 56.1% to $1.965 billion and adjusted net income nearly doubling to $134.3 million. The company raised its full-year fiscal 2027 revenue outlook to $7.38-$7.65 billion, driven ...
BrewDog, part of Tilray Brands, is rolling out a major summer campaign across the UK tied to the global football tournament. The campaign features a "Win a Year of Beer" contest with special cans hidden in over 2.8 million packs at major retailers, p...
Autolus Therapeutics, a biopharmaceutical company specializing in next-generation T cell therapies, announced it will present at two upcoming investor conferences: William Blair’s Growth Stock Conference on June 2 and Jefferies Global Healthcare Conf...
G-III Apparel Group announced a quarterly cash dividend of $0.10 per share, payable on July 8, 2026, to shareholders of record as of June 22, 2026. This dividend reflects the company's ongoing commitment to returning value to its investors. G-III is ...
Atea Pharmaceuticals announced Phase 1 results indicating their Hepatitis C treatment regimen, combining bemnifosbuvir and ruzasvir, has a low risk of drug-drug interactions with common medications like omeprazole and rosuvastatin. This supports easi...
