BUSINESS NEWS
Wall Street Journal
- Wall Street Banks Prepare to Sell Billions of Dollars of X Loans January 24, 2025Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
- Canada to Provide $720 Million to Canada Post to Avoid Insolvency at Mail Service January 24, 2025The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.
- Amazon Willing to Discuss Quebec Shutdown With Canadian Officials January 24, 2025Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to 1,700 people losing their jobs.
- Target Drops DEI Goals and Ends Program to Boost Black Suppliers January 24, 2025Once a stalwart supporter of Black and LGBTQ rights, the retailer joined corporate America’s retreat from DEI initiatives.
- Energy & Utilities Roundup: Market Talk January 24, 2025Find insight on Cnooc, YTL Power International, Ampol, and more in the latest Market Talks covering energy and utilities.
BISNOW NEWS
- Meridian Group-Led Venture Pays $67M For 5 Virginia Office Buildings August 26, 2026A $67M acquisition of a Chantilly office portfolio marks a new defense-oriented focus for The Meridian Group.
- Developer Sues JLL For $12M, Claiming It Fudged Numbers On D.C. Project August 25, 2026A doctor who hired JLL claims it manipulated financials and is seeking $12M in damages after selling a D.C. apartment project for a loss.
- Jemals Sell Georgetown Building To Developer Planning Conversion August 24, 2026Douglas sold the mixed-use 2715 M St. building in Georgetown to Adams Investment Group, which is planning to convert the commercial space to residential.
- D.C.'s Office Market Is Getting A Makeover August 19, 2026Renovations are taking off in the District as owners invest millions to meet the demand for high-quality spaces.
- Judge Rules FBI Can't Scrap Maryland Headquarters Plan August 18, 2026FBI Director Kash Patel had advanced plans to move the agency into the Ronald Reagan Building just a few blocks from its current HQ.