President Donald Trump despatched US markets right into a nosedive Tuesday afternoon after tweeting that he was calling off negotiations with Democrats on a coronavirus aid invoice till after the election.
We’re lower than a month out from the election, so it is honest to imagine issues will solely escalate on each side, which might result in a risky October.
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The way forward for workplace area in New York could be very a lot up within the air, as corporations rethink their digs. However not less than one phase has proved fruitful for the market: big tech.
Daniel Geiger has the scoop on IBM releasing a request for proposals to the NYC actual property marketplace for an workplace as large as 500,000 sq. ft. IBM follows Fb and Amazon in looking to lock up office space in New York whereas others ponder exits.
Daniel’s got some great color on what IBM’s plans for the area and what it means for the broader trade.
Talking of vivid spots in bleak occasions, enterprise has been booming for the bankruptcy industry. Samantha Stokes spoke to the co-leaders at AlixPartners, a restructuring-focused administration marketing consultant, about how the agency has tailored to the uptick in enterprise. Read more here.
Questioning how regulation companies are recruiting their summer associates for subsequent 12 months? Yoonji Han has got you covered with a breakdown of the hiring plans for 5 regulation companies. Read more here.