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US Virgin Islands authorities will issue subpoenas to Leon Black and his private-equity giant Apollo Global Management, demanding that they fork over details of their ties to pedophile financier Jeffrey Epstein. Black, a billionaire buyout king who is chairman of New York’s Museum of Modern Art, has come under scrutiny for maintaining ties with Epstein …
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Shrugging off gloomy predictions about the city’s future, big-league developers on Monday unveiled plans for transformative new projects on Harlem’s famed 125th Street, including a new Target. The deals — remarkable strokes of confidence in the midst of the COVID-19 pandemic — aren’t long-range pipe dreams either, but fully financed ventures that will break ground …
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A majority of voters — 56% — believe that American society is racist, a recent Wall Street Journal/ NBC News poll found. Eighty-two percent of Democrats polled agreed that American society is racist, more than any other subset included in the polling, including blacks and Hispanics. Ninety percent of Dems said black people are discriminated …
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Former vice president Joe Biden is leading President Trump by at least six points in six battleground states that Trump won in 2016, according to a New York Times/Siena College poll released Thursday. Across Michigan, Wisconsin, Pennsylvania, Florida, Arizona, and North Carolina, Biden leads Trump by an average of nine points. The former vice president …
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Serta Simmons has foiled efforts by Apollo Global Management, which is run by billionaire Leon Black, to stop a controversial debt restructuring in a precedent-setting move that could roil the debt markets. New York State Supreme Court Judge Andrea Masley ruled over the weekend the mattress seller could move forward on a plan to restructure $1.95 billion …
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Billionaire Leon Black is going to the mat with America’s largest mattress maker. Black’s Apollo Global Management is suing Serta Simmons over “an unlawful scheme” to lower its $2.4 billion debt stack without the approval of all of its lenders. The alleged scheme, which would give Serta an extra $200 million in cash while also reducing …
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Billionaire Leon Black wants to go to the mat with America’s largest mattress maker. Black’s Apollo Global Management — together with investment firms Angelo Gordon and Gamut Capital — is gearing up to sue Serta Simmons over its efforts to lower its $2.4 billion debt stack through a refinancing because it never agreed to the …
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President Trump’s job approval rating has dropped by 10 points in less than a month, according to a Gallup poll released Wednesday. As late as mid-May, 49 percent of respondents approved of Trump’s job performance in the same poll. That approval has since dropped to 39 percent, moving closer to the president’s average job approval …
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The coronavirus crisis has Americans yearning for long weekends. Four of every five US workers favor switching to a four-day workweek as the pandemic forces them to renegotiate their relationships with their jobs, a new poll shows. Some 82 percent of employed Americans say they would be somewhat or very willing to work more hours …
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President Trump on Wednesday reached his worst approval rating in over two years on Rasmussen’s daily index, with just 42 percent of respondents approving of his performance while 57 percent disapproved. The fifteen point net disapproval reflects the bleakest picture for the president since December, 2017. Rasmussen, whose results tend to skew positively for the …