The art of the deal: Trump settles all outstanding Trump University fraud litigation

President-elect Donald Trump settled all outstanding Trump University fraud litigation today, ending years of unresolved legal disputes with former students. CNBC first reported Friday morning that Trump was getting close to settlement agreements that would end three actions against him in New York and California. According to the terms of the agreements reached Friday afternoon, […]

New York REIT stock drops 8% in wake of JBG merger

One Worldwide Plaza (inset: W. Matt Kelly and Michael Happel) New York REIT shareholders aren’t nearly as chuffed about the company’s proposed merger with JBG Companies as the executives involved. The company’s stock dropped more than 8 percent to close at $9 per share Thursday, one day after the company announced that it had agreed […]