Category: deal

New York Governor Cuomo’s COVID-19 Book Deal Was Worth Over $5 Million

New York Governor Andrew Cuomo’s contract with publishers for his book about dealing with the COVID-19 pandemic was worth over $5 million, according to tax documents released by his office to the media on Monday. Cuomo was initially lauded for his handling of a crippling coronavirus outbreak in New York, but praise turned to blame…


US and South Korea Agree on Cost-Sharing Deal for American Troop Presence

The United States and South Korea reached an agreement Sunday on how to share costs for American troops present in the country which will entail a “meaningful increase” in the longtime U.S. ally’s contributions. The State Department’s Bureau of Political-Military Affairs announced the deal in a series of tweets, saying it had been reached “in…


News Corp Latest to Make Deal With Google in Australia Push

CANBERRA, Australia—Google is striking deals in Australia to pay for journalism but Facebook is vowing to restrict news sharing as Australian lawmakers consider forcing digital giants into payment agreements. Rupert Murdoch’s News Corp. announced a wide-ranging deal with Google Wednesday. Major Australian media organization Seven West Media reached a deal earlier, its rival Nine Entertainment…


US Must Lift Sanctions Before Tehran Rejoins Nuclear Deal: Iran

The leader of Iran’s Islamic regime said if the United States wants the regime to “return to its commitments” and rejoin the 2015 nuclear deal with world powers, it must lift economic sanctions. “Iran has fulfilled all its obligations under the deal, not the United States and the three European countries … If [the U.S.]…


Foley-Backed SPAC Agrees to $7.3 Billion Deal With Blackstone’s Alight

A blank-check firm backed by prominent investor Bill Foley has agreed to take Alight Solutions LLC, the U.S. benefits services provider owned by buyout firm Blackstone Group, public in a deal valued at $7.3 billion, the companies said on Monday. Reuters was first to report on Sunday that special purpose acquisition company (SPAC) Foley Trasimene…


China-US Ties Hold Up Property Deal With Hong Kong Consulate, Developer Says

HONG KONG—Hong Kong developer Hang Lung Properties said it was unable to complete the purchase of a property owned by the U.S. consulate as scheduled on Wednesday because it involved foreign affairs between China and the United States. The latest twist in the $331.5 million deal in an upscale location in the financial hub comes…