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A photo illustration of Goldman Sachs CEO David Solomon (Getty; iStock)

Goldman Sachs to juice cash-strapped RE owners with $3B fund

Big money will be deployed into cash-deprived real estate funds that have been hit by the coronavirus pandemic. Goldman...

Goldman Sachs to juice cash-strapped RE owners with $3B fund
Softbank CEO Masayoshi Son and Goldman Sachs CEO David Solomon (Credit: Getty Images)

Goldman Sachs will lead Phase II of SoftBank’s WeWork rescue plan

WeWork’s got a new bank and a new line of credit. Goldman Sachs arranged a $1.75 billion line of...

Goldman Sachs will lead Phase II of SoftBank’s WeWork rescue plan
Jho Low and the Time Warner Center at 25 Columbus Circle (Credit: Getty Images)

Financier at center of 1MDB fraud case agrees to give up hundreds of millions of dollars

Fugitive financier Jho Low will stop fighting for assets valued between $650 million to $900 million in the massive...

Financier at center of 1MDB fraud case agrees to give up hundreds of millions of dollars
Wells Fargo, JPMorgan Chase and Citigroup each recorded a rise in second quarter profits in their consumer divisions (Credit: iStock)

Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut

Spurred by low interest rates, consumers are taking out more mortgages, bolstering the profits of banks’ consumer divisions. But...

Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut
Uber founder Travis Kalanick (Credit: Getty Images and iStock)

Investors bet on restaurants’ move to
delivery-only

Startups are trying out a new model for restaurants in the age of food delivery: shared kitchens in warehouse...

Investors bet on restaurants’ move to
delivery-only
An office built in a shipping container

A wave of venture capital is pouring into construction tech sector

Investment in the sector totaled $6.1 billion last year, nearly double what was invested in 2017 and a 1,632...

A wave of venture capital is pouring into construction tech sector
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