Annaly Capital Management’s purchases of loans and servicing contributed to a profitable second quarter above most consensus estimates, but its executives said that’s in part because it’s taking a measured approach. Processing Content The real estate investment trust, whose Onslow Bay unit is a top buyer of conventional mortgage servicing rights and a significant nonagency…
This week on How Success Happens, I sit down with Forrest Galante, a biologist, TV host, producer, and all-around wildlife maniac who’s been called a modern-day Charles Darwin with a splash of Indiana Jones. (And a splash of some squid slime as well.) You’ll see a lot more of Forrest as a host on the…
Almost 200 Silicon Valley companies, including Proton and Y Combinator, are urging the Trump administration not to cut off access to Chinese open-weight artificial intelligence models or risk crippling the next generation of U.S. startups. On Wednesday, the newly-formed Little Tech Association sent letters to President Donald Trump, Commerce Secretary Howard Lutnick and others in…
“I asked why the limit was so low, but they couldn’t give me an explanation.”
Southwest Airlines Boeing 737 airplanes at Hobby Airport during an afternoon rainstorm in Houston, Texas, May 27, 2026. Kevin Carter | Getty Images News | Getty Images Southwest Airlines reported a more than 9% increase in second-quarter profit from last year as higher fares are increasingly helping the airline cover its fuel tab, but its…
CookUnity, a subscription-based meal delivery platform, has inked 4,721 square feet of ground-floor retail space at Lam Group’s 1227 Broadway, also known as Virgin Hotel New York City, in Manhattan’s NoMad neighborhood, Commercial Observer has learned. The deal represents the chef-prepared meal service company’s first flagship storefront in New York City, a source close to…
The cash equation The June figures arrive against a backdrop of accelerating all-cash activity at the top end. Nearly two-thirds, or 63% of Luxury Property Specialists surveyed by the Institute for Luxury Home Marketing reported an increase in all-cash purchases among their clients, up from 51% a year earlier. For brokers, that dynamic shapes the competitive…
Big Four firm KPMG announced a strategic alliance with OpenAI, the company behind ChatGPT, to develop and deploy AI solutions that reflect a new vision for enterprise software in the modern era for both staff and customers, beginning with joint development of a supply chain and fulfillment solutions platform. Processing Content The two companies will…
SpaceX has erased almost $1 trillion in stock market value in five weeks, yet Elon Musk continues to say, if goals are met, the company “will be worth more than Earth.” But is it really safe to bet on SpaceX right now? What happened to the SpaceX stock? SpaceX’s blockbuster IPO was priced at $135…
Andy Burnham’s council housebuilding programme faces significant delivery challenges due to insufficient publicly owned land in areas with the greatest housing need, according to analysis by specialist lender Together. Research using data from property platform Searchland found that publicly owned brownfield land in England has capacity for between 187,000 and 207,000 homes, falling short of…