Lennar valuation near tangible book puts margins in spotlight

PayPal is moving forward without a buyer, at least for now. CEO Enrique Lores is building a plan to run the payments giant as a stand-alone company after a proposed $50 billion-plus sale fell apart this summer. Many investors still doubt he can turn the business around alone. According to The Wall Street Journal, Lores…

This as-told-to essay is based on a conversation with Dr. Sarah Oreck, founder of Mavida Health. It has been edited for length and clarity. As a reproductive psychiatrist, I’m focused on the way that female reproductive hormones impact mental health in unique ways. I’ve been interested in that since I was a tween, watching my…

Canadian real estate operator Manga Hotel Group is doubling up on New York City’s market. Manga purchased the Chelsean New York Hotel at 158-162 West 25th Street from Jeffrey Lam’s firm, Lam Generation, for $50 million, according to public records. The deal for the 158-key hotel works out to more than $316,000 per key. The…

Interview with Piero Cipollone, Member of the Executive Board of the ECB, conducted by Daniele Manca on 23 September 2026 8 October 2026 Some argue that the digital euro will end up replacing cash… Not at all. Perhaps some people initially feared that the aim of the digital euro was to replace cash. But that…

Years after the pandemic-era supply chain crisis has faded for much of the economy, data center developers are still battling equipment shortages and long, unpredictable lead times, a bottleneck that threatens to delay projects amid an artificial intelligence data center arms race. Equipment shortages persist as a major source of delays and uncertainty in an…

New York City may be far from the rural or underinvested areas often envisioned as a prime candidate for the federal opportunity zone program, yet nearly half of the five boroughs’ census tracts are up for consideration in the next version of the program.  If played right, the economic development incentive could help deliver on…