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Developer of LA Graffiti Tower has a secret plan to make huge profits before addressing the unsightly structure, according to sources.

Developer of LA Graffiti Tower has a secret plan to make huge profits before addressing the unsightly structure, according to sources.

Insiders suggest that developers behind the Graffiti Towers project might be plotting to profit significantly from the venture even before it’s finished. Critics have raised concerns that the development could end up like a “skeleton with an LED belt.” Kali P. Chowdhury, the main developer, seems focused on activating the massive digital billboard that encircles […]

India’s central bank opposes offshore settlement for government bonds, sources indicate

India's central bank opposes offshore settlement for government bonds, sources indicate

RBI’s Stance on Offshore Settlement of Government Securities India’s central bank has no plans to permit direct transactions of government securities via offshore payment systems like Euroclear, according to three sources with knowledge of the situation. This decision comes even after recent tax reforms aimed at luring foreign investors. The Reserve Bank of India (RBI) […]

Paramount Skydance discusses Warner Brothers agreement with DOJ, permitting critics to observe the discussions, sources say.

Paramount Skydance discusses Warner Brothers agreement with DOJ, permitting critics to observe the discussions, sources say.

Recently, some executives from Paramount Skydance were dismissed by antitrust investigators from the Trump administration while the media giant pursues regulatory approval for its $81 billion acquisition of Warner Bros. Discovery, according to reports from On the Money. A meeting regarding the merger took place around two weeks ago between senior Paramount executives and the […]

High-end car manufacturer McLaren is set to arrive in Midtown NYC, contributing to the impressive revival of a historic tower: sources

High-end car manufacturer McLaren is set to arrive in Midtown NYC, contributing to the impressive revival of a historic tower: sources

Midtown’s Landmark Tower Nears Completion of Revitalization The transformation of a prominent Midtown tower is approaching its conclusion. McLaren Automotive, known for its luxury sports cars, is reportedly set to lease the remaining retail area at 550 Madison Avenue for a showroom, according to sources. Details surrounding the negotiations have remained largely under wraps, with […]

TikTok planned to pay $1 billion in 2024 for violations of children’s privacy, long before the DOJ’s $400 million agreement, according to sources.

TikTok planned to pay $1 billion in 2024 for violations of children's privacy, long before the DOJ's $400 million agreement, according to sources.

TikTok Settlement Discussions with Justice Department TikTok is reportedly close to reaching a settlement of around $400 million with the Justice Department regarding child data privacy issues. This is significant since the company was previously willing to pay $1 billion to resolve similar allegations in 2024, according to a report. In June 2024, the Federal […]