OpenAI this week opened its Supply Co. merchandise store to the public, selling apparel and accessories once reserved for employees. The move follows a broader push by technology companies, including Nvidia, Apple and Palantir, to use premium merchandise to build community around their brands. It is the first time OpenAI has made its employee-only apparel…
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Increasing gaps in Medicaid-funded long-term care (LTC) have shifted the focus of attorneys in elder law towards helping clients in reorganizing assets to accommodate hybrid public- and private-pay models. Up until 2015, family members needing full-time care had only two options: private payment or Medicaid eligibility. Medicaid estate planning emerged as a dominant approach to…
Fashion Nova is expanding its Southern California logistics side with another industrial lease in Santa Fe Springs. The Los Angeles-based fast-fashion retailer signed a lease to take over the 132,888-square-foot warehouse at 12301 Hawkins Street, according to CoStar. It increases Fashion Nova’s warehouse footprint in Santa Fe Springs by about 33 percent. SEE ALSO: AI…
Landlords are offering discounts.
Key takeaway: The Columbus, Ohio, company completed the Cadence system conversion in late June, which should serve as a springboard to higher growth in the third and fourth quarters, executives said. Supporting data: The conversion gives Huntington much more control over and insight into more than 1.4 million deposit accounts acquired from Cadence. Expert quote:…
A new report by the National Low Income Housing Coalition (NLIHC) says rental housing remains out of reach for millions of workers, with wages falling short of the cost of modest rentals in every state, metropolitan area and county in the U.S. Titled “Out of Reach: The High Cost of Housing,” the report warns that…
With little new office construction on the horizon, tenants are scrambling for the city’s best buildings, and Manhattan’s biggest office landlord is reaping the benefits. SL Green raised its full-year earnings guidance by $1.20 per share, a more than 26 percent increase. The bump was largely driven by strong Manhattan office leasing, particularly early renewals…
Kings Capital acquired a long-vacant 17-story building in Manhattan’s Financial District with plans to convert it into a sleek rental building. The development group, led by George Giannopoulos and Jeffrey Znaty, purchased 69 Gold Street from New York Presbyterian Hospital for $30.1 million, according to a source familiar with the matter. The developer is also…
Mastercard said Thursday that it has expanded its virtual card platform, adding issuer-level security controls, wider embedded payments capabilities and a single connection point into its partner network. The enhancements to Mastercard In Control, the company’s virtual card number platform, are said to be intended to help enterprises, financial institutions and platforms run virtual card…