In 2020, Trump paid nothing in federal personal income tax. Trump also reported large losses at his businesses in multiple years thanks to favorable deductions that allowed him to minimize his tax bills. Congress’s non-partisan tax experts have said some of those deductions warrant more scrutiny. Court fight  Trump, who fought in court to block […]

CYCLIST CRITICALLY INJURED IN FLATLANDS CRASH FLATLANDS – A 70-year-old cyclist is clinging to life, according to news reports, following an early-afternoon collision in the southeast Brooklyn neighborhood of Flatlands. The 70-year-old male cyclist was riding an e-bike eastbound on Avenue J in Flatlands on Wednesday, December 28, around 1:35 p.m. when a 69-year-old woman […]

“We expect Southwest to call out the impact as it was worse than the industry and likely hurt earnings more than a ‘normal’ storm,” Cowen Inc. analysts led by Helane Becker said in a research note Tuesday. “Southwest had the worst performance in the group,” while rivals had manageable cancellations and “appear to have recovered” […]

Paul, Weiss, Rifkind, Wharton & Garrison is charging up to $2,025 per billable hour to shepherd Revlon through Chapter 11, an assignment that generated more than $15 million in fees for the firm through September. Paul, Weiss described the fees as “ordinary and customary.” Hourly rates for top lawyers first breached the $1,000 barrier in […]

In the latest edition of ESPN’s NBA power rankings published earlier this week (week 10), the Brooklyn Nets were ranked as the sixth-best team in the league and fourth-best team in the Eastern Conference. At the time the article was published (Dec. 21), the Nets were 19-12. Since then, they are 20-12 after manhandling the […]

In public comments and behind closed doors, Lieber and others are aggressively pushing the narrative that federal, state and city lawmakers must help the agency craft new revenue streams. Otherwise, they say, it will have little choice but to make drastic service cuts and enact layoffs. The budget vote came as the MTA is planning […]

National Grid workers discovered the damaged pipe on Dec. 6, 2019, following multiple gas leaks in the Bergen Beach area. The utility began replacement work in May 2020—at a height of the Covid-19 pandemic—but on July 14 of that year halted the project after discovering “large subterranean voids” near the pipeline. Such depressions can fill […]

Former FTX Chief Executive Sam Bankman-Fried may no more fight against extradition from Bahamas to the United States. The 30-year-old former cryptocurrency mogul will appear in a Bahamas court on Monday where he is expected to reverse his decision to contest extradition to the United States, where he faces fraud charges on at least a […]

The proliferation of so-called weed bodegas comes as the state has issued licenses for a first generation of legal marijuana retailers, with the aim of promoting small businesses in communities long impacted by a decades-long war on drugs. The illicit retailers have been exploiting the gap between when the state legalized recreational marijuana in 2021 […]

New York’s city charter prohibits city officials from having “an interest in a firm which such public servant knows is engaged in business dealings with the agency served by such public servant.” Employees can secure a waiver from the city’s Conflicts of Interest Board. The board said it could not disclose if the mayor’s office asked for […]

We were unable to send the article. Apartments, warehouses and offices make up this week’s million-dollar deals. ► Nineteen limited liability companies, affiliates of Canyon View Capital in Santa Cruz, California, paid $32.4 million for the 216-unit Highland Pointe Apartments at 5500 Highland Drive in west Little Rock. The seller is West LR Highland Pointe Associates […]

The advisory “is especially important for people who are – or are meeting – those who are at increased risk for complications from Covid-19, RSV, or the flu, such as those age 65 and older and people who are immunocompromised.”  “The holiday season is about togetherness and there is a way to gather safely – […]