Billionaire hedge fund founder Ken Griffin, Vornado Realty Trust and Rudin have finalized a joint venture to develop a 66-story Manhattan office skyscraper, securing a $3.3 billion construction loan for the project. Vornado announced Wednesday that it had finalized the joint venture with Griffin and New York real estate firm…

New York City has taken another step away from its longstanding financial relationship with Israel, as Comptroller Mark Levine declined to restore a nearly 50-year investment tradition involving Israel Bonds. City Comptroller Mark Levine is facing questions over his decision not to restore purchases of Israel Bonds, reportedly reversing a…

eBay is cutting approximately 1,000 jobs – or about 9% of its workforce – marking the online marketplace’s second round of layoffs this year as it looks to streamline operations and focus on key areas of growth. The job cuts were outlined in an internal memo from CEO Jamie Iannone…

Mark Zuckerberg has reached an agreement with Meta to remain in California after raising the possibility of leaving the state amid concerns over a proposed billionaire wealth tax. Zuckerberg, Meta’s CEO, previously told the company he was considering moving his primary residence outside California because of Proposition 40, a ballot…

Tesla CEO Elon Musk said demand for the company’s electric vehicles is significantly outpacing production, pointing to growing interest in Full Self-Driving technology as the automaker prepares to expand its Cybercab service to Dallas next month. Musk touted what he described as a “very strong” third quarter during Tesla’s earnings…

Airbnb is taking aim at checkout chore lists, telling hosts that guests generally shouldn’t have to strip beds, wash dishes or haul garbage off site before heading home. The vacation rental platform announced the changes Tuesday as part of an overhaul of its house rules, drawing a clearer line between…

Sen. Bernie Moreno, R-Ohio, said he plans to introduce legislation that would expand eligibility for Trump Accounts, currently available to children under 18, to Americans under the age of 40. Trump Accounts can be established for eligible children under 18, while U.S. citizen children born between 2025 and 2028 are…

Meta Platforms has been ordered to pay $25 billion after a New Mexico jury found the company misled Facebook users over its handling of personal data and other practices in a case stemming from the Cambridge Analytica scandal. New Mexico Judge Francis Mathew issued the penalty Wednesday after jurors found…

Elon Musk vowed to push back on Democratic lawmakers who may seek to use oversight powers against him if they’re able to gain control of one or both chambers of Congress. Musk responded to a story by Politico that detailed how Democrats have considered ways in which they could investigate…

United Airlines CEO Scott Kirby on Wednesday reiterated his support for a wealth tax as a matter of fairness amid criticism over his comments given his compensation. Kirby said in an interview with CNBC’s “Squawk Box” that his prior comments in favor of a wealth tax were in response to…