DIRS.INFO The most relevant business & tech news

ALBANY, N.Y. (AP) — New York will evaluate its troubled recreational marijuana licensing program after lawsuits and bureaucratic stumbles severely hampered the legal market and allowed black-market sellers to flourish, Gov. Hochul, a Democrat, has described the state's recreational marijuana rollout as a “ disaster." The Office of Cannabis Management has just 32 people reviewing license applications but has received about 7,000 applications since last fall, a spokesman said. The state's review will embed Jeanette Moy, the commissioner of the state's Office of General Services, and other state government officials, in the cannabis management agency for at least 30 days. “We have built a cannabis market based on equity, and there is a lot to be proud of," said Chris Alexander, executive director of the Office of Cannabis Management.

Persons: Kathy Hochul, Jeanette Moy, Chris Alexander, Moy Organizations: —, Cannabis, Democrat, Cannabis Management, New York Cannabis, General Services Locations: ALBANY, N.Y, — New York, New York City, New

☆ New York Must Figure Out How to Fix Cannabis Mess, Hochul Orders
▼ + stars: | 2024-03-17 | by ( Ashley Southall | ) www.nytimes.com time to read: +1 min

Kathy Hochul has told New York officials to come up with a fix for the way the state licenses cannabis businesses amid widespread frustration over the plodding pace of the state’s legal cannabis rollout and the explosion of unlicensed dispensaries. The main goal of the review, to be conducted by Jeanette Moy, the commissioner of the Office of General Services, is to shorten the time it takes to process applications and get businesses open, officials said. The state Office of Cannabis Management, which recommends applicants to the board for final approval, received 7,000 applications for licenses last fall from businesses seeking to open dispensaries, grow cannabis and manufacture products. But regulators have awarded just 109 so far this year. The agency has just 32 people assigned to evaluate the applications.

Persons: Kathy Hochul, Jeanette Moy Organizations: New, Cannabis Control Board, General Services, of Cannabis Management Locations: New York

Energy Secretary Jennifer Granholm, Deputy Defense Secretary Kathleen Hicks and Brenda Mallory, chair of the White House Council on Environmental Quality, announced the projects Wednesday at the Pentagon. Because of the Pentagon's “relatively congested air space” outside Washington, solar panels were the best option for clean energy, he said. The building is a nationally registered historic landmark, so officials will work with local officials to ensure the panels meet all requirements. In addition to the Defense Department, projects also include installation of thermally efficient windows at the Energy Department headquarters in Washington, as well as efficiency upgrades to the Commerce and Transportation departments. The projects also include installation of solar panels at the U.S. Army Garrison in Wiesbaden, Germany, as well as energy and water efficiency improvements and solar panels at the Maui Air Traffic Control Tower in Kahului, Hawaii.

Persons: Biden, ”, Jennifer Granholm, Kathleen Hicks, Brenda Mallory, Brendan Owens, Owens, U.S . Army Garrison Organizations: WASHINGTON, The Defense Department, Pentagon, Energy Department, Energy, White, Council, Environmental, Naval, Defense Department, Commerce, Transportation, Interior, Veterans Affairs, General Services Administration, Personnel Management, Social Security Administration, National Oceanic, Atmospheric Administration, Energy Conservation Technologies, U.S . Army, Maui Air Traffic Control Locations: U.S, Germany, Washington, Georgia, Tennessee, Loa, Hawaii, Mauna, Wiesbaden, Kahului

☆ Watchdog to Probe FBI Headquarters Selection Process
▼ + stars: | 2023-11-30 | by ( Sadie Gurman | ) www.wsj.com time to read: 1 min

FBI Director Christopher Wray has cited a potential conflict of interest in the site-selection process. Photo: elizabeth frantz/ReutersWASHINGTON—A government watchdog is launching an investigation into how the Biden administration chose a suburban Maryland site for the FBI’s new headquarters after Director Christopher Wray and Virginia lawmakers accused a political appointee of inappropriately interfering with the siting decision. Robert Erickson, acting inspector general for the General Services Administration, told lawmakers Thursday his office would immediately probe the decision to relocate the Federal Bureau of Investigation’s main campus to Greenbelt, Md., after a decadelong drama that engulfed the site-selection process.

Persons: Christopher Wray, elizabeth frantz, Biden, Robert Erickson Organizations: Reuters WASHINGTON, General Services Administration, Federal Bureau Locations: Maryland, Virginia, Investigation’s, Greenbelt, Md

☆ Northern China hospitals overwhelmed with surge in respiratory illnesses among children
▼ + stars: | 2023-11-24 | by ( Simone Mccarthy | Nectar Gan | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —Hospitals in Beijing and northern China are grappling with a surge of children with respiratory illnesses as the country enters its first winter since relaxing stringent Covid-19 controls nearly one year ago. Wait times to see doctors stretch for hours, with hundreds of patients queuing at some children’s hospitals in major cities across northern China, according to CNN reporting and Chinese state and social media. The surge in cases across northern China comes amid a rise in seasonal respiratory infections around the northern hemisphere, including in the United States, where RSV is spreading at “unprecedented” levels among children. Children receive intravenous drips at a children's hospital in Beijing on November 23, 2023. It’s unclear if there’s been an increase in respiratory illnesses or severe cases among children relative to pre-pandemic years because of limited public data released by China.

Persons: “, Jin Dongyan, ” Catherine Bennett, ” Bennett, Jade Gao, drips, ”, there’s, Jin, that’s, Christine Jenkins Organizations: Hong Kong CNN — Hospitals, CNN, Beijing Children’s Hospital, Beijing Friendship Hospital, Health, World Health Organization, WHO, Wednesday, “, University of Hong Kong’s, of Biomedical Sciences, Deakin University, Getty, Weibo, Capital Institute of Pediatrics, National Health Commission, NHC, ”, China’s, Hong Kong University, UNSW Sydney Locations: China, Hong Kong, Beijing, Tianjin, United States, Australia, AFP, Beijing’s

☆ FBI Accuses Biden Appointee of Bias in Selection of Headquarters Site
▼ + stars: | 2023-11-09 | by ( Sadie Gurman | ) www.wsj.com time to read: 1 min

‘We have concerns about fairness and transparency in the process and GSA’s failure to adhere to its own site selection plan,’ FBI Director Christopher Wray wrote to staff. Photo: Chris Machian/Associated PressA final pick this week for a new Federal Bureau of Investigation headquarters in the Maryland suburbs was supposed to end a decadelong drama that had engulfed the site-selection process. Instead, it looks like it’s only heating up. In a sharply worded note to employees Thursday, the usually taciturn FBI Director Christopher Wray blasted the General Services Administration’s decision-making process and said a Biden appointee might have inappropriately interfered with the outcome.

Persons: Christopher Wray, Chris Machian Organizations: Federal Bureau of Investigation, General Services, Biden Locations: Maryland

☆ See what the future of zero-emissions transit looks like in suburban Maryland
▼ + stars: | 2023-11-09 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Montgomery County, Maryland aims to transition its electric bus fleet to zero-emissions by 2035. The microgrid is set to power a transit center for 200 zero-emissions vehicles and be the first on the East Coast to produce green hydrogen from renewables . Montgomery County opted to build a microgrid so it didn't have to rely on power from Pepco, the local utility. A rendering of another sustainable transit depot that Alphastruxure will build in Montgomery County, Maryland. "So we're going to have resilience, we're going to have green power 98% of the time, and we're getting our greenhouse-gas emissions down."

Persons: Catherine Boudreau, Michael Yambrach, Yambrach, Montgomery, AlphaStruxure, Carlyle, that's, Don Scheuerman, we're Organizations: Service, Montgomery, Schneider Electric, Montgomery County Department of General Services Locations: Montgomery County , Maryland, Silver, Montgomery, Montgomery County, Pepco

☆ Ivanka Trump can't recall key details of the single biggest fraud-trial penalty threat her father faces
▼ + stars: | 2023-11-08 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

At her family's civil fraud trial, Ivanka Trump was grilled about the 2011 Old Post Office lease. AdvertisementAdvertisementIn afternoon testimony at her family's civil fraud trial in Manhattan, Ivanka Trump repeatedly said she could not remember key details about the single, costliest penalty threat her father faces in the case. Donald Trump, Jr. and Eric Trump – both executive vice presidents at Trump Org and defendants in the AG's case – made $4 million each. Ivanka Trump, too, made $4 million. Ivanka Trump is the final witness in the attorney general's direct fraud case against Donald Trump, his company, and his top executives.

Persons: Ivanka Trump, —, Donald Trump, Letitia James, Trump, Donald Trump , Jr, Eric Trump –, James, Michael M, Santiago, Donald Trump's, Donald J, Louis Solomon, she'd, Solomon, curtly Organizations: NY, Service, Post Office, Washington , D.C, New York, Trump International, Trump Organization, Trump Org, Post, government's General Services Administration, Trump, GSA Locations: Manhattan, Washington ,

☆ Republicans approved a bill cutting Transportation Secretary Pete Buttigieg's salary to just $1
▼ + stars: | 2023-11-08 | by ( Tom Porter | ) www.businessinsider.com time to read: +2 min

The GOP-controlled House moved to approve a bill to cut Pete Buttigieg's salary. Under the bill, the transportation secretary would be paid just $1 annually. AdvertisementAdvertisementThe Republican-controlled House of Representatives moved to pass a bill that would cut Transport Secretary Pete Buttigieg's salary to just $1. AdvertisementAdvertisement"American taxpayers should not be on the hook for paying for his lavish trips or his salary," Greene added. He ran as a presidential candidate in 2020 before being appointed to the transportation secretary role by President Joe Biden in 2021.

Persons: Pete Buttigieg's, Buttigieg, —, Marjorie Taylor Greene, Joe Biden, Pete Buttigieg, Greene, he's Organizations: GOP, Service, General Services Administration, Securities, Exchange Commission, Democratic, Democratic Party, Department of Transportation, Department of Transportation's, Fox News, Democrats Locations: Marjorie Taylor Greene of Georgia, South Bend , Indiana, East Palestine , Ohio

☆ Uncle Sam provides shaky base for Caterpillar
▼ + stars: | 2023-10-31 | by ( Ben Winck | ) www.reuters.com time to read: +3 min

The $500 billion U.S. infrastructure spending bill, passed in late 2021, helped lift the firm’s third-quarter profit 41% from a year ago. As with other sharp pullbacks after government-supported pandemic spending, Caterpillar will prove that counting on federal aid isn’t a viable business model. And the construction firms that order from Caterpillar appeared to step back, with the company's backlog of deliveries falling $2.6 billion in the third quarter. The U.S. CHIPS Act set aside $39 billion to help build semiconductor factories, leaving more money for construction firms and, in turn, Caterpillar. Umpleby may be benefitting from Uncle Sam now, but before long Caterpillar will have to fend for itself.

Persons: Michaela Rehle, James Umpleby, Joe Biden’s, EBITDA, Uncle Sam, Lauren Silva Laughlin, Sharon Lam Organizations: Construction Machinery, Machines, Mining Machines, Construction Vehicles, REUTERS, Rights, Reuters, Caterpillar, U.S . General Services Administration, Siemens, Cummins, LSEG, Thomson Locations: Munich, Germany, Texas, China, U.S

☆ Ivanka Trump to testify Friday in the NY civil fraud trial – here's how she can hurt her father and brothers
▼ + stars: | 2023-10-28 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

On Friday, Trump's NY fraud-trial judge ruled Ivanka Trump must testify next week. Lawyers for the New York attorney general's office, who plan to call Ivanka Trump to the witness stand on Friday at their ongoing, $250 million Trump fraud trial, agree it was quite the deal. Her testimony at the non-jury trial could prove highly damaging to her father and two eldest brothers, Donald Trump, Jr., and Eric Trump – Trump Organization vice presidents who, like their father, are defendants in James' lawsuit. "Ivanka Trump tried to negotiate the number down to 2 billion," Wallace said in openings, "before agreeing to 2.5 billion." But during the same period, Donald Trump's net worth statements valued the exact same unit at $20.8 million.

Persons: Trump's, Ivanka Trump, —, Donald Trump's, Kevin Wallace, James, Letitia James, Donald Trump , Jr, Eric Trump, Trump, She'll, Wallace, Donald J, Jared Kushner, Donald Trump Organizations: Deutsche Bank, NY, Service, New, Trump, Eric Trump – Trump Organization, Trump White House, Trump Organization, Deutsche, Post, General Services Administration Locations: Miami, New York, Florida, Washington ,, Chicago, Washington, Manhattan

An Islamorada community group that is spending $6 million to restore and preserve the Alligator Reef Lighthouse turned on its new solar-powered lights on Saturday to remind the public about the effort. “Alligator Lighthouse was lit in 1873 and it stayed lit until about 2013, and then it went dark for 10 years,” said Rob Dixon, the executive director of Save Alligator Lighthouse, which took over the lighthouse's title in late 2021. But modern-day satellite navigation made open-water lighthouses obsolete and such structures are being disposed of by the General Services Association. Political Cartoons View All 1202 ImagesA detailed engineering study of Alligator Lighthouse was completed to determine stabilization needs after many years in highly corrosive conditions. Dixon said an engineering study determined that it will take six years and $5 million to $6 million dollars to save the Alligator Lighthouse.

Persons: ”, Rob Dixon, Dixon, ___ Organizations: Navy, General Services Association, Tourist Development Locations: Fla, Florida, Monroe

☆ China Caixin PMI: Services activity falls in August to lowest level in eight months
▼ + stars: | 2023-09-05 | by ( Juliana Liu | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —A private survey of business activity in China’s services sector fell to its lowest level in eight months in August, as a flurry of economic stimulus measures seemed unable to reignite consumption demand. The Caixin China general services purchasing managers index (PMI) slipped to 51.8 last month from 54.1 in July, according to data released Tuesday by Caixin Media and S&P Global. This was partly due to weaker foreign demand for Chinese services, they added, citing evidence of sluggish overseas orders. After a strong start to 2023 following the lifting of strict pandemic restrictions, economic growth in China has stalled. Since April, a slew of disappointing economic data and population statistics has sparked concern that China may be facing a period of much slower growth.

Persons: ” Organizations: Hong Kong CNN, Caixin Media, P, PMI, National Bureau of Statistics, NBS Locations: China, Hong Kong

☆ Ad giant IPG's data arm Kinesso has gone through an executive exodus, and the unit faces an uncertain future
▼ + stars: | 2023-07-19 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Ad giant IPG is shaking up its data and tech arm Kinesso, and many of the unit's top execs have left. The move comes as IPG looks to cut costs from specialty services like data, a source said. Several top executives at ad agency holding group Interpublic Group's data and technology arm Kinesso have left, and now the unit faces an uncertain future, Insider has learned. IPG launched Kinesso in 2019 as a big bet on pitching marketers additional services that go beyond making and buying ads. Acxiom will remain a standalone unit that will provide data products and services to all of IPG's agencies, the source added.

Persons: IPG, Kinesso, Acxiom, Arun Kumar, Ian Johnson, Kimber Robbins, Nancy Hall, Hall, Philippe Krakowsky, Krakowsky, IPG's, they've, Dentsu, Merkle Organizations: Global, WPP, Mindshare, Reprise, UM, Agency, Epsilon Locations: Mediabrands

Weeks later, Mr. Trump is the former President Trump. Instead, in a brief televised address shortly before 2:30 a.m., Mr. Trump furiously laid down his postelection lie. For weeks, Mr. Trump had been peppering him with tips of fraud that, upon investigation by federal authorities, proved baseless. The cavalry “is coming, Mr. President,” Kylie Kremer tweeted to Mr. Trump on Dec. 19. On Jan. 15, Mr. Trump acquiesced to an Oval Office meeting with Mr. Lindell, who arrived with two sets of documents.

Persons: Donald J, Trump, Joseph R, Biden, Justin Clark, Rudolph W, Giuliani, Clark, Weeks, Mitch McConnell, McConnell, Jared Kushner, McConnell’s, Biden’s, William P, Barr, Mr, Trump’s, Sidney Powell, Lin Wood, sleuths, MyPillow, Mike Lindell, Patrick Byrne, Stephen K, Bannon, Michael T, Flynn, platformed, Jared Taylor, Enrique Tarrio, Doug Mills, Eric, “ We’re, ”, Fox, Eric Trump, Newt Gingrich, Joe Biden’s, Kevin McCarthy, Laura Ingraham, Obama, Dennis Montgomery, Thomas McInerney, McInerney, John McCain, Bannon’s, “ it’s, Paul Gosar, Doug Ducey, Roy Blunt of, Roy Blunt, Anna Moneymaker, —, “, ” Mr, Mark Meadows, Josh Holmes, Kushner, — Mr, Mitt Romney, Lisa Murkowski, Lindsey Graham, Sean Hannity, Lindsey Graham of, Sean Hannity’s, — I’ve, Let’s, Graham, Pat A, Axios, Brendan Smialowski, “ Hannity, Thomas, Jenna Ellis, Matt Morgan, Al Gore, George W, Bush, Brooks, Stefan Passantino, Powell, Lynsey Weatherspoon, Gore, William H, Rehnquist, Giuliani —, Kris Kobach, Mark Martin, Lawrence Joseph, Kobach, Uncle Sam, Mr . Biden, Ken Paxton, Jeffrey M, Landry, Paxton, Kyle D, Hawkins, Jacquelyn Martin, Joseph, Richard L, Chris Carr, Carr, Mike Johnson of, Mike Johnson, McCarthy, Privately, Ted Cruz of, John Sauer, ’, ” James E, Nicolai, North, Wayne Stenehjem, Stenehjem, Wayne, Tasos Katopodis, MAGA, Marjorie Taylor Greene, Marsha Blackburn of, Ms, Blackburn, Amy Kremer, Ann Stone, Roger Stone, Amy Coney Barrett, Kremer’s, Kylie Jane Kremer, Jennifer Lawrence, Dustin Stockton, Lawrence, Stockton, I’ve, Lindell, they’d, Taylor, Greg Locke, Covid, Michael McKinney, Tucker Carlson, Carlson’s, “ Donald Trump, ” Ms, Meadows, Georgia runoffs, Byrne, Cipollone, he’d, Martin, Mike Pence, reconvene, ” Kylie Kremer, James Yeager, Kylie Kremer, Yeager’s, Lawrence whooped, John Kennedy, James Lyle, Josh Hawley, “ You’ve, Lyle, Couy Griffin, Kennedy, Pete Marovich, Kremer, Julie Jenkins Fancelli, Alex Jones, Caroline Wren, Kimberly Guilfoyle, Donald Trump Jr, Katrina Pierson, Brad Raffensperger, Jeffrey A, Rosen, Department’s, Jeffrey Clark, Scott Perry, Hawley, Cruz, Year’s, Tom Cotton of, Cotton, Cindy Chafian, Chafian, Jones, Stone, Locke, Jan, “ You’ll, Gosar, Griffin, Robert O’Brien, I’m, ’ ”, Kenny Holston, Donald Trump, ” Mark Walker, Ben Margot, Stefani Reynolds, Samuel Corum, Erin Schaff, David J, Ted Cruz, John Bazemore Organizations: Twitter, Dominion Systems, Trump, Biden, Dominion, New, New York City, The New York Times, Senate, New York, Republican Party, Capitol, White, Times, The Times, America News Network, Fox, America, Boys, New York Times, American, Air Force, Electoral College, Republicans, Joe Biden’s Democratic Party, Republican, Facebook, Democrats, Associated Press, “ Fox & Friends, White House, West Wing, “, Federal Bureau of Investigation, Veritas, Justice Department, Postal Service, York Daily, Agence France, Zignal Labs, Amistad, Thomas More Society, Mr, Electoral, Supreme, Lawyers, General Association, Associated, State, University of California, Republican House, Women, Tea Party, Trump -, Breitbart, of, Credit, SPAN, Tea Party Express, Republican National Committee, Internet, Army, Des Moines Register, Marine, General Services Administration, Swedish, Cowboys, Capitol ., Street Journal, Save, General Association ., Law Defense Fund, Freedom, Coalition, Proud Boys, Willard, Homeland Security, Party, Getty, Georgia Electoral College Locations: Detroit, Arizona, Georgia, New York, America, China, Trump, Grand Rapids, Mich, Philadelphia, Atlanta, Milwaukee, Santa Cruz ,, Arizona —, Russia, North Vietnam, United States, Roy Blunt of Missouri, Kentucky, Utah, Alaska, Lindsey Graham of South Carolina, Erie, Pa, Pennsylvania, Long, Bush, Florida, tightest, Kansas, North Carolina, Ken Paxton of Texas, Texas, State of Texas, Michigan, Wisconsin, Irvine, Mike Johnson of Louisiana, Ted Cruz of Texas, Missouri, Washington, Marsha Blackburn of Tennessee, Trump’s, Hudson, Stockton, Tennessee, Des Moines, Meadows, White, fistfights, Nashville, West Monroe, La, Louisiana, drumbeating, Tom Cotton of Arkansas, Delaware

☆ America's largest office tenant is embracing remote work, creating more pain for a market already in distress
▼ + stars: | 2023-07-03 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +7 min

The federal government is embracing remote work and cutting back its office footprint nationally. President Joe Biden and Donald Trump might not appear to agree on much, but when it comes to cutting back on office space, they're aligned. Now federal tenants are in for a new phase of belt-tightening as more accept remote and hybrid work, real estate experts say. "The majority of federal offices are still largely vacant on most days," said Darian LeBlanc, the director of government services at Cushman & Wakefield. So far, only the Department of Veterans Affairs has publicly said how it plans to use remote and hybrid work.

Persons: Joe Biden, Donald Trump, Barack Obama, Biden —, Darian LeBlanc, LeBlanc, Rachel Davis, Davis, — Davis, Bob Hunt, Martin Selig, Jesse Lawder, Selig, Shalanda Young, Denis McDonough, Cushman, JBG Smith, Christi, who's Organizations: —, Trump, Cushman &, Washington DC, General Services Administration, Department of Labor, Management, FBI, Securities and Exchange Commission, Environmental Protection Agency, Minerals Management Service, Department of Veterans Affairs, National Transportation Safety, L'Enfant Plaza, state's Department of General Services, National Association of State Locations: Cushman & Wakefield, United States, JLL, Seattle, Washington, L'Enfant, . Tennessee, Nashville, Knoxville, Memphis, Chattanooga, Branscom, California , Illinois, North Carolina, Florida

☆ Travel news: Living in lighthouses, delivering during a flight and touring Japan
▼ + stars: | 2023-07-01 | by ( Lilit Marcus | ) edition.cnn.com time to read: +5 min

This week has been rough for air travelers in the United States, but we have flight attendants’ secrets for surviving summer travel. Waterfront real estateThe US General Services Administration is giving away or auctioning lighthouses in New England. Like the small towns in Italy selling off houses for just 1 euro, these lighthouses come with stipulations. Written in stoneAnd while we’re on the subject of summer travel peak season, this period is often tourists-behaving-badly season. Dr. Sij Hemal was on a flight from Paris to New York when a fellow passenger reported severe abdominal pains.

Persons: CNN — It’s, you’ve, Ivan, Haley, ”, Sig Hemal, Susan Shepherd, Sij Hemal, Chelsea Dickenson, Dickenson, Richard Quest, Beckham Organizations: CNN, General Services Administration, Police, Cleveland, Asahi Shimbun Locations: United States, New England, Italy, Rome, United Kingdom, Paris, New York, Japan, Tottori Sand, Tokyo, Nagoya, Tottori, British, Macao, Vegas of Asia

☆ Co-working office spaces have expanded rental options beyond WeWork
▼ + stars: | 2023-07-01 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

Enter the co-working space, which allows for a bit of everything. From shopping malls to private mansions to hotels and gyms, co-working spaces are becoming more creative in the remote work era — with a boost from startups building platforms to connect companies with spaces for rent. Airstreams and yurtsThe dominant co-working venues for years were WeWork and other communal spaces in downtown office buildings. Gilbreath from Liquidspace said that co-working spaces have expanded outside urban cores and financial districts, and rental spaces are becoming quirkier. “Co-working spaces have usually been centrally located in big buildings,” said Amina Moreau, founder of Radious, which calls its business the Airbnb of office rentals and meeting spaces in residential areas.

Persons: it’s, “, ”, Prithwiraj Choudhury, Nicholas Bloom, Bloom, can’t, Jacob Bates, Mark Gilbreath, WeWork, Liquidspace, Amina Moreau, ” Moreau Organizations: New, New York CNN, Harvard Business School, Stanford University, Companies, US General Services Administration, Mobile, Minneapolis Grain Exchange Locations: New York, San Francisco, Chicago, Denver, Montreal, Minneapolis, Portland , Oregon, “

WASHINGTON, June 26 (Reuters) - The U.S. Supreme Court on Monday ordered the dismissal of a lawsuit by a group of congressional Democrats who had sought details about a government lease for a Washington hotel concerning when it was owned by former President Donald Trump. The court's action came after the lawmakers voluntarily dropped the case earlier this month. The justices had previously agreed to hear a bid by President Joe Biden's administration to block the lawsuit. The lawmakers sought information about a 2013 lease of the Old Post Office building to the Republican former president's company to convert it into a hotel. RELATED CONTENT: L1N37C1HQ "U.S. Supreme Court to hear dispute over Democratic bid for Trump hotel documents"Reporting by John KruzelOur Standards: The Thomson Reuters Trust Principles.

Persons: Donald Trump, Joe Biden's, John Kruzel Organizations: U.S, Supreme, Monday, Democratic, General Services Administration, GSA, Post, Republican, Appeals, District of Columbia Circuit, Department, Trump, Thomson Locations: Washington

☆ Japan’s economic scars might blind it to inflation
▼ + stars: | 2023-06-13 | by ( Pete Sweeney | Thomson Reuters | Asia Economics Editor Pete Sweeney Joined Reuters Breakingviews In Hong Kong In September Previously He Served As Reuters' Chief Correspondent For China Economy | ) www.reuters.com time to read: +8 min

Investors worry about market ructions if Ueda hikes rates now but there is another risk: that he waits too long. Reuters GraphicsUeda’s inaction – and the domestic markets’ positive response – have bought him time to focus on evaluating macroeconomic fundamentals, particularly inflation. The country only emerged from a decades-long deflationary rut relatively recently, so local economists, executives and consumers are unused to worrying about consumer prices rising too fast. The government’s latest draft of its long-term economic plan, seen by Reuters on June 2, remains focused on eradicating Japan's “long-held deflationary mindset”. "We expect inflation to quite clearly slow below 2%" toward the middle of the current fiscal year, Ueda told parliament.

Persons: Kazuo Ueda, Haruhiko Kuroda, Ueda, ’, –, Richard Koo, Shinzo Abe, Francesco Guerrera, Katrina Hamlin Organizations: Reuters, Bank of Japan, Nikkei, Nasdaq, Bank for International, Toyota, Toshiba, Black Monday, Japan Inc, International Monetary Fund, of, Thomson Locations: TOKYO, Japan, United States, U.S, Great, China, Europe, Germany, Italy, of Japan’s

The indictment gives the clearest picture yet of the files that Mr. Trump took with him when he left the White House. Mr. Trump is expected to appear in Federal District Court in Miami on Tuesday afternoon. Mr. Trump continued to rail against the indictment on Friday, calling it the “greatest witch hunt of all time,” in a Truth Social post. Two lawyers, James Trusty and John Rowley, have left Mr. Trump’s legal team, and will no longer represent him in the documents case. “I will be represented by Todd Blanche, Esq., and a firm to be named later,” Mr. Trump wrote on Truth Social.

Persons: Donald J, Trump, Jack Smith, “, ”, Waltine, —, Nauta, Trump’s, FVEY, Aileen M, Cannon, Judge Cannon, Biden, James, John Rowley, Todd Blanche, ” Mr, Charlie Savage, Nicholas Nehamas Organizations: White, “ United, Prosecutors, Mr, Court, General Services Administration Locations: “ United States, United States, Florida, Iran, Bedminster, N.J, U.S, Britain , New Zealand, Australia, Canada, Miami, White, Mar, Esq

☆ The U.S. is giving away 6 lighthouses—here's what it's like to actually own one: 'It's truly a labor of love'
▼ + stars: | 2023-06-06 | by ( Celia Fernandez | ) www.cnbc.com time to read: +4 min

The U.S. is giving away and auctioning off lighthouses across the East Coast and Midwest. The GSA will also sell four lighthouses in Ohio, Connecticut, Michigan and New York in a public auction. But there's a catch: While the lighthouse is free, the new owners will be responsible for the cost of upkeep and maintenance. Warwick Neck Light is located on Narragansett Bay in Rhode Island and is one of the lighthouses being given away for free. Kelly told TIME that there are nonprofits that already maintain some of the lighthouses being offered up this year.

Persons: you've, John Kelly, Kelly, Richard Cucé, Blastco, Cucé Organizations: U.S . General Services Administration, GSA, CNBC, TIME, Istock, Getty, U.S . Navy, U.S, Congress, Historic Lighthouse Locations: East Coast, Midwest, Massachusetts , Connecticut, Maine, Rhode Island, Pennsylvania, Ohio , Connecticut, Michigan, New York, Narragansett, Old Saybrook , Connecticut, Hopper, Chesapeake, Penfield, Fairfield , Connecticut

☆ Here are six lighthouses the government is literally giving away for free
▼ + stars: | 2023-05-27 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

The US General Services Administration (GSA) is offering a record number of lighthouses to the public. The GSA will give away six to nonprofits and government entities, and sell another four via public auction. The lighthouses are being offered as part of the National Historic Lighthouse Preservation Act. Since its inception, over 150 lighthouses have circulated through the NHLPA program, the GSA said. See the six lighthouses that GSA is giving away for free this year:

☆ Fixer-Uppers With Waterfront Views: The U.S. Is Unloading Lighthouses
▼ + stars: | 2023-05-27 | by ( Michael Levenson | ) www.nytimes.com time to read: +1 min

Looking for a place with waterfront views? The government might have a deal for you. The General Services Administration said on Friday that it was giving away six lighthouses to nonprofits or government agencies that promise to maintain them, and planned to sell four others to the public at auction. The lighthouses are on some of the most picturesque waters in New England and the Midwest. But aspiring lightkeepers should be prepared to do some repair work before living out their 19th-century maritime fantasies.

The opulent hotel with a soaring clock tower, located on Pennsylvania Avenue between the White House and the U.S. Capitol, opened shortly before Trump was elected in 2016. The hotel became a gathering spot for Trump supporters, lobbyists and foreign dignitaries, who Democrats and watchdog groups complained could patronize the hotel in order to curry favor with Trump when he was in office. Lawsuits accused Trump of violating the U.S. Constitution's anti-corruption provisions by maintaining ownership of his businesses including the Washington hotel while in office. The justices ordered those cases dismissed because they became moot with Trump leaving office in 2021 after his election loss to Biden, a Democrat. Some of the lawmakers who sued are no longer part of the committee while some others are no longer in Congress.

Search resuls for: "General Services"

25 mentions found