April 09, 2024
Music Industry Confronts AI Compensation Issue 

Artificial intelligence (AI) is bringing unimaginable opportunities and efficiencies to nearly every sector.  However, those opportunities and efficiencies also come with their own controversies and complications, particularly across the creative...

April 08, 2024
Luxury Firms Compete for Buildings on Fifth Avenue

Luxury firms Chanel and LVMH are reportedly competing to become the new owner of a building on Manhattan’s Fifth Avenue. Both companies have been in talks to buy the location on the luxury shopping...

April 08, 2024
99 Cents Only Declares Bankruptcy as It Shuts Down Stores

Discount retailer 99 Cents Only has declared bankruptcy as it prepares to shutter its stores. The company announced its Chapter 11 filing Monday (April 8), days after it said it was closing all of...

April 07, 2024
Luxury Brands Spend Billions for High-End Shopping Real Estate

Luxury brands like Gucci are reportedly spending billions to stay at high-profile addresses. As The Wall Street Journal (WSJ) reported Saturday (April 6), these companies are worried that if they don’t snatch...

April 07, 2024
Federal Appeals Court Allows DOJ to Reopen Antitrust Probe of...

A federal appeals court in Washington, DC, has ruled in favor of the Justice Department, granting it the authority to resume an antitrust investigation into the practices of the National...

April 05, 2024
All-In-One Apps Ease Home-Buying Pain Points Even Post-Deal

Beyond the financial cost, purchasing a home can be an extremely complex and time-consuming process. From researching listings to seeking financing and appraisals, buyers find themselves juggling and coordinating multiple...

April 04, 2024
JPMorgan Chase Combines 3 Lines of Business Under Global Banking

JPMorgan Chase has announced a new organizational structure for its Global Banking (GB) business. The GB business now brings together the bank’s Commercial, Corporate and Investment Banking lines, according to a...

April 04, 2024
Ottimate Partners With Agave on AP Automation in Construction Industry

Ottimate partnered with Agave to make it easier for construction and real estate companies to incorporate its accounts payable (AP) automation solution into their existing processes. Agave’s unified API for the construction industry...

April 01, 2024
Banks up Against $2 Trillion ‘Wall’ of Real Estate Debt

Banks are facing a $2 trillion “wall” of property debt, according to an American brokerage. As such, lenders must reduce their exposure to commercial real estate as that debt comes due over...