• Wed. Oct 28th, 2020

Dimancherouge

Technology

Here are the top finance stories of the day for September 28

Big news to keep an eye on this week is Palantir, the secretive technology firm, making its appearance on the public markets. The startup is expected to hold its direct listing on September 30 and aiming for a $22 billion valuation, according to The Wall Street Journal. 

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An empty a restaurant is seen at the mall, following the outbreak of the coronavirus disease (COVID-19), after shopping malls and bazaars reopened in Tehran, Iran, April 20, 2020.

An empty a restaurant is seen at the mall, following the outbreak of the coronavirus disease (COVID-19), after shopping malls and bazaars reopened in Tehran, Iran, April 20, 2020.

WANA (West Asia News Agency)/Ali Khara via REUTERS


Brookfield Property Partners, which manages mall and retail properties around the world, held its investor-day presentation on Thursday. Alex Nicoll has a look at what executives are thinking about.

In short, a big part of the strategy is creating “mini cities,” which will be a mix of retail and residential properties. 

Click here to read the full story.


Farley building



Photo by Alexi Rosenfeld/Getty Images


Speaking of commercial real estate, here’s the latest from Daniel Geiger on details about Facebook’s new lease in New York. Check out all the details on the discount Facebook got for its new digs. Read the full story here.


Katherine Jollon Colsher headshot

Katherine Jollon Colsher is the new CEO of the nonprofit Girls Who Invest, which supports women in asset management.

Girls Who Invest


Reed Alexander got a chance to chat with the new CEO of Girls Who Invest. Katherine Jollen Colsher, a former managing director at Goldman Sachs, explained her plans for the nonprofit that’s looking to enhance the role of women at asset managers by working with industry giants like Blackstone, BlackRock, and Invesco. Read the whole story here. 


 Odd lots:

Caesars, Apollo Make Takeover Approaches for U.K. Bookmaker William Hill (WSJ)

New York’s top judge is sticking with an online bar exam even as complaints of tech issues mount and other states let law grads skip the test and still practice law (BI)

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