AI Infrastructure Firm Treeswift Signs 7K-SF Lease at 256 West 38th Street – Commercial Observer

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An artificial intelligence-driven infrastructure technology company is relocating its offices to Midtown. Philadelphia-based Treeswift signed a four-year, 7,487-square-foot lease on the entire 11th floor of the Hakimian Organization’s 256 West 38th Street in an expansion of its New York City operations, according to landlord broker Lee & Associates NYC. Asking rent was $39 per square […]

The World Cup winners wore Adidas shirts. But the company’s investors are still crying foul.

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The sportswear company’s stock declined 17% after it reported a 30% hike in marketing expenditure.

Fannie Mae reports $4B profit in second quarter as net worth tops $116B

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Fannie Mae reported its second-quarter 2026 financial results on Wednesday, with the government-sponsored mortgage giant posting $4 billion in quarterly net income. The figure was up 20% from the $3.3 billion it reported earning a year earlier and 7% from the first quarter’s $3.7 billion in net income. The quarter marked the 34th consecutive period […]

Earnings call transcript: Laxmi Organic posts strong q1 2027 growth, shares fall 8%

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Earnings call transcript: Laxmi Organic posts strong q1 2027 growth, shares fall 8%

New York City’s Top Construction Permits: July 24, 2026

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🏆 New Building: The largest new building application filed last week was in Brooklyn. Rybak Development plans to build a 856,969-square-foot, 527-unit project at 2108 Surf Avenue in Coney Island. The building will stand 28 stories tall. The project’s architect is Yevgeniy Mekhtiyev. Job Filing Number: B01369136-I1 📊 New Building: In East Harlem, Hope Community […]

Teleflex’s FDA BLA Approval: Could Freeze-Dried Plasma Change Trauma Care Forever?

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(RTTNews) – Teleflex Incorporated (TFX), a provider of medical technologies, announced that the U.S. FDA has approved its BLA for EZPLAZ Freeze Dried Plasma (FDP). EZPLAZ FDP is indicated for transfusion in adults with bleeding-related conditions requiring replacement of plasma coagulation factors, including uncontrolled hemorrhage, when plasma is needed and other plasma products are not […]

What loan officers really think holds back housing activity

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Housing supply and consumer financial worries appear to have a larger effect than headline mortgage rates in subduing the current home purchase market, according to a new survey of lenders. Processing Content In research conducted by buy-before-you-sell firm HomeLight, 46% of loan officers said an inadequate supply of affordable entry-level starter homes represented the biggest […]

Jersey Mike’s Is Going Public: 4 Takeaways From Its IPO Filing

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Jersey Mike’s IPO is almost here. The restaurant chain said it expects its shares to begin trading on the New York Stock Exchange on Thursday using the ticker “JMKE,” according to an SEC filing. The company expects the stock to price between $21 and $25 a share, though investors will get an exact price before […]

What is ITR-BN? CBDT notifies new income tax return form; check eligibility and filing details

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The Central Board of Direct Taxes (CBDT) has notified a new income tax return form for block assessments arising from search and seizure cases. The ITR-BN (income tax return for block assessment) form has been introduced under the Income-tax Act, 2025 and will take effect retrospectively from April 1, 2026. However, this return form is […]

European stocks balance blockbuster earnings against escalating U.S.-Iran conflict

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European stocks balance blockbuster earnings against escalating U.S.-Iran conflict