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☆ Companies are required to disclose their climate impact, SEC says
▼ + stars: | 2024-03-06 | by ( Allie Kelly | Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

Under the disclosure, public companies will have to release their greenhouse gas emissions, environmental risk impacts, and risk management strategies. Climate disclosure will create a standardized way for companies to report environmental impactPreviously, companies only disclosed their climate impact information on a voluntary basis. Bryan McGannon, managing director of the nonprofit sustainable investment forum US SIF, said the climate disclosure is "a really good first step" toward increasing transparency. The SEC might also be facing litigation from corporate America, which hopes to challenge the new climate disclosure in court, McGannon said. Some companies might be concerned about the potentially high costs of gathering data and complying with the disclosure, SEC officials said.

Persons: Gary Gensler, Steven Rothstein, Rothstein, Bryan McGannon, McGannon, Gavin Newsom Organizations: Service, US Securities and Exchange Commission, Business, Economic, SEC, BI, Ceres Accelerator, Sustainable Capital, US, CNBC, Clean Energy, Jobs Locations: America, California, Michigan

☆ The first tour inside Manhattan's newest private club, with $100,000 membership fees
▼ + stars: | 2023-09-25 | by ( Robert Frank | ) www.cnbc.com time to read: +9 min

A rendering of a bar area at the Core Club, a private membership club in Midtown Manhattan. A rendering of a terrace at the Core Club, a private membership club in Midtown Manhattan. A rendering of the Core Club, a private membership club in Midtown Manhattan. A rendering of the Core Club, a private membership club in Midtown Manhattan. A rendering of a dining area at the Core Club, a private membership club in Midtown Manhattan.

Persons: Casa Cipriani, Zero, Aman, Casa, Jeff Zalaznick, We've, restauranteur Nick Jones, Jennie Enterprise, Bond, Scott Sartiano, Kim Kardashian, Pete Davidson, Gigi Hadid, Zalaznick, Chef Michele Brogioni, Giorgio Armani, Mauro Pompili, Stephen Schwarzman, Roger Goodell, Tory Burch, Steven Roth, Estee, William Lauder Organizations: ZZ's Club, Core, ZZ's, Major Food Group, Aman, Industry, Soho House, CNBC, Club Club, Club New York, Dangene Institute, Manhattan, Enterprise, Blackstone, NFL Locations: Manhattan, Midtown, New York, Los Angeles, Miami, Vicente, Midtown Manhattan, Hudson, Aman, York, U.S, London, Soho, Milan, San Francisco

☆ We asked if people want to be in the office Mondays, Fridays — or neither. A big landlord says 5-day workweeks are dead.
▼ + stars: | 2023-07-05 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

One of New York City's biggest landlords said the office is dead on Fridays and maybe Mondays, too. Data on office occupancy rates also shows Mondays and Fridays are the most vacant days of the week. Insider asked readers on our LinkedIn page if they're going into the office on Mondays and Fridays, Mondays or Fridays, or neither. We asked: "Given the choice, do you go into the office on Mondays and Fridays?" A little less than half of the respondents said they wouldn't go into the office on either Mondays or Fridays.

Persons: —, Steven Roth, Misha Friedman, Robert Parlaman, Lakshmi Organizations: Service, Disney, LinkedIn, New York, San, Chicago, Washington D.C, Philadelphia, Houston, Austin, Dallas, Angeles, Systems Locations: York, Placer.ai, Atlanta, Jose, San Francisco, Lakshmi Varanasi, lvaranasi

☆ Huge New York landlord admits Fridays in the office are 'dead forever' — and Mondays are 'touch-and-go'
▼ + stars: | 2023-06-27 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Mondays in the office could be "dead forever," one of New York's biggest landlords says. One of New York's biggest private landlords, Vornado Realty Trust, is betting on hybrid work being here to stay. The firm's chairman, Steven Roth, told investors recently that office work on Fridays is likely "dead forever." Office visits on Mondays and Fridays, however, remain just half of what they were in 2019, according to the report. The current push toward hybrid work comes as some companies are doubling down on employees returning to the office.

Persons: —, we're, Steven Roth, Vornado, Bob Iger, that's, Kathryn Minshew Organizations: Placer.ai, Service, Vornado Realty, Street, Penn, Amazon, Meta, Disney, Employees, Kastle Systems, New York, San, Chicago, Washington D.C, Philadelphia, Houston, Austin, Dallas, Angeles Locations: Placer.ai, Arizona, Jose, San Francisco

☆ How's the return to office going? Just look at shares of one of the largest office REITs
▼ + stars: | 2023-03-03 | by ( Scott Schnipper | ) www.cnbc.com time to read: +3 min

Vornado says it owns 20 million square feet of office space plus 2.6 million square feet of street retail space in Manhattan alone, 3.7 million square feet at The Mart in Chicago and a controlling stake in almost 2 million square feet of office in San Francisco. But in the New York metropolitan area last week, the rate fell to 46.7% from 47.8% the week before, Kastle said. In San Francisco, the rate was even lower last week, at 43.9%, while in Chicago it was 49.4%. Maybe that's why Deutsche Bank analyst Derek Johnston ranked office REITs last out of eight REIT industry groups in a monthly review released on Tuesday. In January, subsector year-over-year cap rates climbed the most for office owners, he said, up 80 basis points, or 8/10ths of a percentage point.

☆ Fights over political lines have fueled the aging of America's government. But that may be changing.
▼ + stars: | 2022-09-25 | by ( Grace Panetta | Walt Hickey | ) www.businessinsider.com time to read: +15 min

Redistricting and fights over political lines have fueled the aging of America's government. Republican Rep. Adam Kinzinger of Illinois outside a January 6 committee hearing on June 13, 2022. Partisan gerrymandering, the redrawing of political district lines to favor one political party over the other, has gotten increasingly tactical. In all, 14 House incumbents lost renomination in 2022, the highest number in a single cycle since 1992. If you're a Democrat in a Republican district, your days are probably numbered."

With the term “personal taxes,” however, Mr. Garten appears to be conflating income taxes with other federal taxes Mr. Trump has paid — Social Security, Medicare and taxes for his household employees. Fragments of Mr. Trump’s tax returns have leaked out before. Mr. Agalarov’s father, Aras, a billionaire who boasts of close ties to Mr. Putin, was Mr. Trump’s partner in the event. Mr. Trump’s avoidance of income taxes is one of the most striking discoveries in his tax returns, especially given the vast wash of income itemized elsewhere in those filings. When they got to line 56, the one for income taxes due, the amount was the same each year: $750.

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