Transfers of Fund Interests

Mayor Zohran Mamdani’s pied-à-terre tax already has homeowners, lawyers and realtors pleading for greater clarity and transparency. The Department of Finance held a public comment hearing Thursday, and many parties shared their thoughts and concerns — here are just a few.  The new surcharge on second homes amounts to a “confiscatory and half-baked money grab,”…

Novo Nordisk (NVO +3.12%) is well-known for its strong position in the GLP-1 market. The company’s brands in this area, including Wegovy and Ozempic, have practically become household names. However, that hasn’t enabled the drugmaker to perform well over the past couple of years. Novo Nordisk has significantly lagged the broader equity market during this…

By Nojoud Al Mallees (Bloomberg) — Canada’s chief trade negotiator told a government advisory group that there’s still a significant amount of work to do to reach an agreement that would stave off a new wave of U.S. tariffs next week.  Janice Charette, who’s leading the Canadian side alongside cabinet minister Dominic LeBlanc, told members…

Garten’s Greek orzo salad, which also appears in “Go-To Dinners,” was inspired by Round Swamp Farm, a third-generation family farm in East Hampton. “Their prepared food and baked goods are simply outstanding,” Garten writes in her cookbook. “This recipe was inspired by one of their salads; it has all the Greek ingredients that I love.”…

Item 1: Welcome Co-chair Sarah Breeden opened the session by welcoming attendees to the AI Consortium’s (AIC) third quarterly meeting held virtually. Sarah welcomed new Co-chair David Geale, the FCA’s Executive Director for Payments and Digital Finance & Managing Director for the PSR, and congratulated member Harriet Rees on her recent appointment by the Government…

Brokers who move into that education void will be building a referral network, not just solving a problem, he said. “Right now it’s about education, preparing the associations, use it to your advantage,” he said. “We are the expert right now. Go out there and educate these people, and then go to the associations. You…