LA’s $1.2 Billion Graffiti Towers Put on Sale After Bankruptcy
For sale: Steel skeletons of three towers in downtown Los Angeles, erected by a Chinese developer that spent $1.2 billion before running into financial troubles.
For sale: Steel skeletons of three towers in downtown Los Angeles, erected by a Chinese developer that spent $1.2 billion before running into financial troubles.
Electricite de France SA got regulatory approval to start up its new nuclear reactor 12 years behind schedule after the utility faced construction problems ranging from concrete weakness to faulty pipe welds.
Dangers to financial stability posed by the development of artificial intelligence tools are already starting to become a worry, two central bank chiefs told a conference on Tuesday.
Turkish officials have been holding talks in recent weeks about easing restrictions on offshore currency swaps, according to people with knowledge of the conversations, a move that would meet a key demand from foreign investors interested in entering the market.
Federal Reserve Bank of Minneapolis President Neel Kashkari said it’s likely the central bank will keep interest rates where they are “for an extended period of time” until officials are certain inflation is on track to their target.
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