PG&E, other utility stocks sink as California leaves investors exposed to wildfire liability

Parton’s final album, “Rockstar,” was a mix of original material and classic rock covers. She said she was inspired by her Rock & Roll Hall of Fame nomination to craft a tribute to the genre. “Even though I am extremely flattered and grateful to be nominated for the Rock & Roll Hall of Fame, I…

If you improve and amenitize it, tenants will come. That appears to at least be true for Rudin, which scored a two-floor lease for 55,000 square feet at 3 Times Square, the New York Post reported. JAMS, a provider of arbitration and mediation service, is relocating from 620 Eighth Avenue to the top of 3…

Walk around New York and you might wonder why some blocks have little or no housing despite tremendous demand for it. You have to connect the dots. At the Arrow Linen site, a Brooklyn Council member is seeking applicants for a task force to monitor construction of 250 apartments. Um, what construction? Apex Development received…

Key insight: Stripe bought OpenRouter, an AI model routing platform, in an acquisition deal reported to be well above its $1.3 valuation from May of this year. What’s at stake: The purchase strengthens Stripe’s push into agentic commerce by allowing it to capture value from the selection and consumption of AI models. Forward look: The…

Key takeaway: Federal agencies rolled back Biden-era guidance Monday that encouraged creditors to offer special purpose credit programs to underserved communities. Expert quote: “Federal law does not authorize any generalized remedial ‘equity’ initiatives absent specific cases of unlawful discrimination, and creditors should not rely upon previous guidance which may have suggested otherwise.” — Federal Register…