Lakers’ NBA title caps a lucrative month for sports business It didn’t hurt that the Lakers were up against their rivals, the Celtics, for the NBA title. But it isn’t just ABC and the NBA that are scoring financially. There’s hockey, golf, tennis, and the World Cup, too. Los Angeles Lakers guard Kobe Bryant reacts
Last month, Omni had better luck, buying its first Manhattan properties—two Section 8 buildings in Harlem with 53 units—for $5.5 million. Now, as a number of big, financially troubled properties, including Lawrence Gluck’s 1,230-unit Riverton in Harlem, make their way through foreclosure, they are weighing a bid. Even Manhattan’s vast middle-income oasis Stuyvesant Town-Peter Cooper Village looms as a potential target.
Morris said Mihos’s candidacy will resonate with voters because he fought against cost escalation in the Big Dig project while a member of the Massachusetts Turnpike board of directors. The consultant also said Mihos knows how to cut government spending but won’t be afraid to spend his own money promoting his candidacy — perhaps as early as this fall.
BOSTON (Reuters) – Fresh details of large-scale cyber attacks against data processor Heartland Payment Systems Inc and supermarket chain Hannaford Brothers show the challenges facing the efforts of the U.S. credit-card industry to upgrade security measures.
BOSTON — Under Massachusetts law, voters will choose the successor to Sen. Kennedy in a special election in January. But that’s too long to wait for many Democrats, because Massachusetts would be without what could be a crucial vote as the U.S. Senate debates health insurance reform, Kennedy’s lifelong goal.
When the newly-opened Abby Park restaurant in Milton prepared to add lunch service this week, it announced the news on its Twitter page. The restaurant just opened this month and already has 149 people following its “tweets,” the 140-character messages that are the standard mode of communication on Twitter.
But the I.R.S. commissioner, Doug Schulman, said the agreement with UBS was a “major step forward” in the government’s efforts to pierce bank secrecy, and he warned that “wealthy Americans who have hidden their money offshore will find themselves in a jam.”
Consider the audience. No financing is “typical” or “standard,” and today, more than ever, investment documents must fit investor objectives. If valuation is stalling discussions, would the investor take convertible debt with a right to participate in future equity rounds at a discount?
The news came a day after city and state officials raised financial concerns about the only two proposals submitted for a market in an adjacent building known as the parcel 7 garage. City officials want to use that building and the land discussed yesterday, known as parcel 9, to create an expansive public area for local growers for food sellers.
But many in their 20s and early 30s are not buying rosy projections, due to immediate financial pressures and exposure to the longest recession since the 1930s Great Depression.