Key Points Industrial recently replaced residential as JLL Income Property Trust’s largest allocation, at 38% of the portfolio. Industrial leasing strengthened to start the year, rising 17.8% during the first quarter of 2026 from the same period in 2025, according to JLL. Allan Swaringen, CEO of JLL IPT, calls himself “bullish” on industrial, as new…
Paramount has gone on the offensive, leveling accusations at Netflix for allegedly lobbying against the proposed Warner Bros. Discovery deal while regulators are still reviewing it. Paramount Chief Legal Officer Makan Delrahim put the accusation in writing in a June 5 letter to the Department of Justice Antitrust Division. Netflix denied the allegation outright and…
47 Ronin director Carl Erik Rinsch was sentenced Monday to 30 months in prison for defrauding Netflix out of $11 million from a deal with the company to make a sci-fi series he never delivered. A Manhattan jury last year found Rinsch guilty of wire fraud, money laundering and multiple counts related to engaging in…
Inde Navarrette in “Obsession.” Focus Features Curry Barker’s Obsession, starring Inde Navarrette and Michael Johnston, is new on digital streaming this week as the blockbuster horror thriller keeps racking up big ticket sales at the box office worldwide. Obsession, which had a production budget of $750,000, was acquired by Focus Features for about $15 million…
The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies after Prime Minister Takaichi’s election win. Yevgen Romanenko | Moment | Getty Images The Japanese yen weakened to its lowest level against the U.S. dollar since 1986 on Tuesday, keeping investors on alert for possible intervention from…
Eli Lilly and Regeneron are among the first seven companies the U.S. Food and Drug Administration selected for a pilot program designed to accelerate reviews of new domestic pharmaceutical manufacturing facilities, CNBC has learned. Lilly, Regeneron, Amneal, Cellares, Fujifilm Biotechnologies, Kriya Therapeutics and Kyowa Kirin are the first companies that will participate in the FDA’s…
Fox Corporation has agreed to acquire Roku in a deal that values the streaming platform at approximately $22 billion, structured as a combination of cash and Fox Class A common stock at $160 per share. Once complete, the merger would make the combined entity the third-largest force in U.S. television by share of viewing. Fox…
Let’s get this out of the way first: Comcast co-CEOs Brian Roberts and Mike Cavanagh told Wall Street analysts Monday that the proposed spinoff of NBCUniversal is “absolutely not” about setting each side of the company up for a sale. Indeed, their argument is that the split will give each company a stronger hand to…
DRUZHKIVKA, UKRAINE – JUNE 28: A man injured following a Russian attack on his home is evacuated by the âWhite Angelsâ police unit as bombing intensifies in the city of Druzhkivka, Ukraine, 28 June 2026 (Photo by Diego Herrera Carcedo/Anadolu via Getty Images) Anadolu via Getty Images Dispatches from Ukraine. Day 1586. Ukraine Recovery Conference…
