Tesla Inc plunged 18.3% and was set for its worst day in nearly six months after the electric-car maker was excluded from a group of companies being added to the S&P 500.Still, market participants said they did not expect a prolonged sell-off against the backdrop of an accommodative monetary policy by the Federal Reserve, which last week indicated a higher toleration for inflation rising above 2%. … [Read more...] about Slump in Tesla, Apple hits Wall Street as tech rout deepens
Some companies with leases that are ending this year or next appear to be kicking the can down the road, signing short-term extensions rather than committing to typical deals that last several years. In recent weeks, NBC Universal extended a lease for a secondary office at 1221 Avenue of the Americas and the Stroock & Stroock & Lavan law firm did the same for its office downtown. But they both did so for just a year, according to Colliers. A spokeswoman for NBC Universal declined to comment and Stroock & Stroock did not return a call and multiple emails. … [Read more...] about COVID-19 | Manhattan’s office buildings are empty. But for how long?
“Through the graphic arts–which included everything from advertisements to record covers and book jackets–we showed life in America. What people were reading, what they listened to, the ads, the commercials, and packaging really gave a sense of the time to people who were really restricted in what they could see culturally since it was the height of the Cold War,” Geismar says. “That was really interesting, as were the World’s Fairs, because the questions were: What do you show? What is interesting? We were trying to emphasize creativity in America, in all aspects, whether it was going to the moon or photography.” … [Read more...] about Nixon, NASA, And How The Federal Government Got Design