Daily digest from New York business publications and financial media. Manhattan Business Club publishes short summaries with links to the original sources.
Crain’s New York Business
- Teladoc Health debuts clinical services on Walmart’s virtual hub – Crain's New York
Teladoc Health debuts clinical services on Walmart’s virtual hub Crain's New York - Philadelphia Eagles’ heir apparent hands off Tribeca penthouse – Crain's New York
Philadelphia Eagles’ heir apparent hands off Tribeca penthouse Crain's New York - Stony Brook Children’s Hospital building $55M emergency department in Suffolk County – Crain's New York
Stony Brook Children’s Hospital building $55M emergency department in Suffolk County Crain's New York
New York Business Journal
- TMV Logistics launches a $200M maritime and logistics fund — plus 7 more NYC VC deals to know – The Business Journals
TMV Logistics launches a $200M maritime and logistics fund — plus 7 more NYC VC deals to know The Business Journals - National law firm Taft opens New York office with plans to scale to 100 lawyers – The Business Journals
National law firm Taft opens New York office with plans to scale to 100 lawyers The Business Journals - New York law firm selects Miami for 1st Florida office – The Business Journals
New York law firm selects Miami for 1st Florida office The Business Journals
Bloomberg Markets
- MiniMax Plans China IPO as It Eyes Local Rivals Like DeepSeek
China’s MiniMax Group Inc. has begun preparations for a domestic initial public offering, according to a regulatory filing, as the fast‑growing artificial intelligence startup cha… - Philippine Central Bank Says Inflation May Surge Further in May
The Philippine central bank said the pace of inflation is likely to increase this month, mainly because of food-price increases and the peso’s weakness. - Hegseth Takes Swipe at European Defense Partners
“Western Europe might take note.” Defense Secretary Pete Hegseth hailed stable US ties with China and praised allies in Asia, while taking swipes at longstanding partners in Europ…
MarketWatch MarketPulse
- Jobless claims fall to lowest level since mid-May
- Jobless claims stay low in latest week
- Consumer credit growth soars in December
New York Post Business
- Costco says its gas stations set all-time volume records as shoppers search for cheap fuel
Costco's gas stations have seen a rise in demand for their low-priced gasoline, as the surge helped the company top expectations for its third-quarter sales. - China fueling anti-data center sentiment across US, Trump admin and ‘Shark Tank’ star Kevin O’Leary claim
“This is just another attack on the US and our ability to be competitive," Interior Secretary Doug Burgum said. - Your European vacation could cost more than ever as airlines hike prices, slash thousands of flights
Roughly 40% of Europe’s jet fuel supply passes through the Strait of Hormuz – but the crucial trade route has been blocked off amid the Iran war, more than doubling fuel costs for…
Commercial Observer
- New York City’s Latest Affordable Housing Construction Moves Are a Great Start
New York City’s housing crisis has many causes, but one reality has become increasingly clear: Despite broad agreement on the need for more affordable housing, the systems respons… - CoStar to Acquire Homebuilding Data and Marketplace Platform Zonda for $800M
CoStar Group, which operates commercial real estate data platform CoStar, is courting the construction business. The company announced Friday an $800 million acquisition agreemen… - Prominent Landlord Sandy Sigal On the Lasting Premium in Retail
Sandy Sigal has been betting on the staying power of neighborhood retail for more than four decades, and now he wants to up the wager. Sigal’s firm, NewMark Merrill Companies, own…
The Real Deal New York
- Manhattan DA indicts 18 people for alleged mortgage, deed fraud scheme
Eighteen people have been indicted in Manhattan in relation to alleged deed theft and mortgage fraud, Manhattan District Attorney Alvin Bragg announced Thursday. The alleged sche… - NYC’s top deals: Greenpoint dev site sells for $26M
There were 213 transactions totaling $289 million filed in New York City records in the 24 hours before 4 p.m. on Thursday, May 28. 🏆 Commercial: In Greenpoint, the sale of a vaca… - PolicyPro: Development deals hit Council roadblock, new charter commission eyes housing rules
This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to get early access here. Hey there, let’s get into today’s news at the intersection…
City & State New York
- Who else might Mamdani endorse? – City & State New York
Who else might Mamdani endorse? City & State New York - Hochul’s budget ‘victory’ leaves New York trapped in a downward spiral – New York Post
Hochul’s budget ‘victory’ leaves New York trapped in a downward spiral New York Post - Mamdani’s EDC, still leaderless, still stressing out the NYC business community – City & State New York
Mamdani’s EDC, still leaderless, still stressing out the NYC business community City & State New York