Real estate mergers and acquisitions were on pause for much of this year, but they've started to heat up again and one company has been particularly voracious. CoStar Group (NASDAQ: CSGP), the leading provider of commercial real estate data, has grown by acquisition quite a bit in recent years, buying Lands of America, Ten-X Commercial, STR, LoopNet, and Apartments.com. In its third-quarter earnings, CoStar reported that revenue was up 23% year over year.
- The Independent
‘There was a protocol breach when the front doors were not held open’
Beau Biden, who served in the Guard, is buried at St. Joseph on the Brandywine Church cemetery in Greenville, Delaware.
America may not have won World War II and landed on the moon later if not for the contributions of a brilliant Chinese scientist named Qian Xuesen. Fearing communist presence after the war, the U.S., however, deported Qian to China, clueless that he would eventually spearhead programs that would target American troops and eventually propel China into space. Born to well-educated parents in 1911, it was evident from an early age that Qian had superior intellect.
- NBC News
Attorneys for Rittenhouse did not object to the changes. Rittenhouse is accused of killing two amid protests last year.
Texas Attorney General Ken Paxton is suing the Biden administration in federal district court over its 100-day freeze on deporting unauthorized immigrants, and asking for a temporary restraining order.Between the lines: The freeze went into effect Friday, temporarily halting most immigration enforcement in the U.S. In the lawsuit, Paxton claims the move "violates the U.S. Constitution, federal immigration and administrative law, and a contractual agreement between Texas" and the Department of Homeland Security. Be smart: sign up FREE for the most influential newsletter in America. * Leon Fresco, an immigration attorney, told Axios that the lawsuit is likely to fail at fully reinstating deportations because a judge cannot force Immigration and Customs Enforcement to remove any particular person. * The executive branch has broad authority over immigration enforcement, as was seen in both President Obama and President Trump's administrations. What they're saying: In the announcement of the moratorium on Wednesday, the Department of Homeland Security said the pause on deportations would "allow DHS to ensure that its resources are dedicated to responding to the most pressing challenges that the United States faces." * In Paxton's request for a temporary restraining order, he claims, "Without emergency relief, Texas faces irreparable harm from having to provide costly educational, social, welfare, healthcare, and other services to illegal aliens who remain in Texas because Defendants have ceased removing them."The White House has not yet responded to Axios' request for comment.Get smarter, faster with the news CEOs, entrepreneurs and top politicians read. Sign up for Axios Newsletters here.
- Architectural Digest
800 feet up in the sky, the Dreamy 6,000 square foot space offers panoramic views from the East River to the HudsonOriginally Appeared on Architectural Digest
- The Week
It's the end of a very caffeinated era.When former President Donald Trump occupied the Oval Office, he quite literally had a button on his desk that ordered a Diet Coke to the room whenever it was pressed. But as a glimpse at President Biden's desk just hours after his inauguration shows, the soda-summoning button is gone.> President Biden has removed the Diet Coke button. When @ShippersUnbound and I interviewed Donald Trump in 2019, we became fascinated by what the little red button did. Eventually Trump pressed it, and a butler swiftly brought in a Diet Coke on a silver platter. It's gone now. pic.twitter.com/rFzhPaHYjk> > — Tom Newton Dunn (@tnewtondunn) January 21, 2021While it may have sounded just too weird to be true, Trump's Diet Coke obsession and his button to match were absolutely real. No word on if Biden will install some kind of ice cream-ordering alternative.More stories from theweek.com Biden's next executive order will let people stay on unemployment if they quit an unsafe job 7 brutally funny cartoons about Trump's White House exit McConnell is already moving to strangle the Biden presidency
- The Telegraph
The South African Covid variant could make current vaccines 50 per cent less effective, Matt Hancock has claimed. In video footage of a webinar with travel agents, the Health Secretary warned that the importation of the variant could ruin Britain's vaccination drive and send the country "back to square one" without tough travel restrictions. Mr Hancock is among a number of ministers pushing for tougher travel restrictions modelled on Australia and New Zealand, which have closed their borders to non-residents and require all returning nationals to quarantine in Government-approved hotels. Speaking ahead of a Cabinet Covid-O Cabinet meeting at which ministers will consider similar UK border closures and quarantine hotels, Mr Hancock admitted that the data showing the South African variant reduced vaccine efficacy by 50 per cent was not certain "so I wouldn’t say this in public". He added: "Nevertheless, if you vaccinate the entire population and then you get in a new variant that evaded the vaccine, then you'd be back to square one. And so tougher international restrictions are the price that, for instance, Australia has paid for stronger domestic protection, as in more life getting back to normal domestically."
- Associated Press
The master tenant of a San Francisco Bay Area warehouse where 36 people perished when a fire ignited during a 2016 dance party pleaded guilty Friday to the deaths, avoiding a second trial after the first ended in a hung jury. Derick Almena, 50, pleaded guilty to 36 counts of involuntary manslaughter in exchange for a 12-year sentence. Already free on bail, Almena likely won't return to jail because of the nearly three years he already spent behind bars and credit for good behavior.
- The Independent
US Capitol Police investigating whether Republican congressman attempted to take gun into House vote
Maryland representative reportedly set off metal detectors and revealed firearm under jacket
- The Week
Biden has stopped construction on Trump's border wall, but the fate of outstanding contracts is unclear
Among the first 17 executive orders President Biden signed Wednesday evening was one hitting "pause" on construction of former President Donald Trump's border wall. "It shall be the policy of my administration that no more American taxpayer dollars be diverted to construct a border wall," Biden's order said. "I am also directing a careful review of all resources appropriated or redirected to construct a southern border wall."Biden gave the Pentagon and Homeland Security departments up to a week to stop all border construction, and for the most part, the frantic wall-building Trump had unleashed in his last months in office had stopped by Thursday, The Associated Press reports. The Army Corps of Engineers said Thursday it told its contractors to stop installing any additional barriers and do only what's "necessary to safely prepare each site for a suspension of work."Biden gave his administration 60 days to find and review all current contracts and determine which can be canceled, which must be renegotiated, and whether any of the remaining money can be used on other projects. Trump, as of Jan. 15, had spent $6.1 billion of the $10.8 billion in wall construction it had contracted out, a Senate Democratic aide told AP. Overall, the Trump administration had secured $16.45 billion for the wall, including $5.8 billion appropriated by Congress and the rest seized from the Treasury and Defense departments. Biden is targeting that latter pot of money.Trump says he built 450 miles of his wall, though almost all of that was replacement for other barriers. His administration signed contracts for constructing 664 miles, the Senate aide told AP. "Trump said the border wall would be 'virtually impenetrable' and paid for by Mexico, which never happened," AP notes. "While the wall is much more formidable than the barriers it replaced, it isn't uncommon for smugglers to guide people over or through it. Portions can be sawed with power tools sold at home improvement stores."More stories from theweek.com Biden's next executive order will let people stay on unemployment if they quit an unsafe job 7 brutally funny cartoons about Trump's White House exit McConnell is already moving to strangle the Biden presidency
- Associated Press Videos
Paul Chavez didn’t know where a sculpture of his father, the late Latino American civil rights and labor leader Cesar Chavez, would end up in the White House. He shipped it from California and was surprised to see it right behind Biden on Wednesday. (Jan. 21)
- NBC News
Biden's acting attorney general signed off on reassigning prosecutor who objected to family separations
The incident would have made Wilkinson aware families were being separated long before the Texas pilot program for zero tolerance was known to the public.
- Associated Press
A Colorado geophysicist accused of dragging a police officer down steps to be beaten by an American flag outside the U.S. Capitol on Jan. 6 was ordered held without bail Friday after a prosecutor said the man afterward tried to flee to Switzerland and commit suicide. U.S. Magistrate Judge Andrew Krause, based in White Plains, said during an electronic hearing that he found the alleged actions by Jeffrey Sabol, a 51-year-old born in Utica, New York, “beyond the pale and it is troubling to a degree that is really ... shocking." Sabol was arrested Friday morning at the Westchester Medical Center.
- The Telegraph
Spain will be “more ready” to welcome holidaymakers once 70 per cent of the country are vaccinated at the end of the summer, the PM has said, casting doubt on travel plans this year. Pime Minister Pedro Sánchez echoed other government ministers in saying that this threshold would probably not be reached until the end of August. “The government is working to vaccinate at the highest possible rate […] to reach the end of the summer with 70 per cent, which will leave Spain progressively more ready to receive international tourists”, Mr Sánchez said at a World Tourism Organization event in Madrid this week. “The tourism recovery begins with vaccination. And full recovery, with full vaccination,” the Spanish leader stated, leaving the door open for some easing of restrictions before the 70 per cent safety level is reached. But Spain’s tourism and industry minister, Reyes Maroto, stepped in on Friday to reassure the sector that plans were afoot to save at least part of the summer season. “We hope that at the end of spring and especially during the summer, international travel will resume and travellers will choose Spain as their destination,” Ms Maroto said. Mr Sánchez said Spain’s Covid vaccination campaign was going well and was “one of the best in Europe”, but a considerable acceleration will be required to protect 70 per cent of the population in time to restart the country’s stalled tourism sector this year. After nearly four weeks since the start of the vaccination campaign, Spain has delivered 1.1 million jabs, equalling just over two per cent of the population, with very few having had their second injection. Before the Covid pandemic, tourism represented 12 per cent of the Spanish economy, with close to 84 million international arrivals in 2019. Spain is one of several European Union countries supporting the introduction of a system of Covid vaccine passports to allow people who have been inoculated to travel. “This would be a shared and reliable framework to help avoid indiscriminate measures such as quarantines and travel bans,” Ms Maroto said. It came as Belgium’s consultation committee banned non-essential travel to and from the country from January 27 to March 1 on Friday. Alexander De Croo, the prime minister, had said he wanted to impose the ban at Thursday’s video summit of EU leaders. Belgian media reported his mind was made up after 160,000 travelled abroad for the Christmas holidays despite warnings not to do so. All travellers from the UK, South Africa and South America will have to go into quarantine for 10 days and be tested on the first and seventh day. Non-residents will have to be tested on departure and arrival “Let this be clear: we are not building a wall around our country,” said Mr De Croo. “Coming and going is still possible, but there will have to be a good reason.” Meanwhile France is to make PCR tests compulsory for all travellers into the country, including from fellow EU countries, starting Sunday, President Emmanuel Macron's office confirmed yesterday/FRI The rule, which is already in place for people travelling between the UK and France, applies to all but cross-border workers and land transportation. The new restrictions come as a top French epidemiologist and government adviser warned that the country will have to resort to a strict lockdown like those in Ireland and Britain if it fails to rein in the more contagious variants of the coronavirus.
Canadian Prime Minister Justin Trudeau on Friday expressed his "disappointment" with President Biden's executive order to rescind permits for the Keystone XL pipeline, in a readout of the president's first official call with a foreign leader.Why it matters: The prime minister has long backed the pipeline meant to carry crude oil from Alberta to Nebraska. Biden, however, campaigned on the cancellation of the Keystone XL pipeline.Get smarter, faster with the news CEOs, entrepreneurs and top politicians read. Sign up for Axios Newsletters here.What he's saying: In a news conference earlier Friday, Trudeau said: “We have so much alignment — not just me and President Biden, but Canadians and President Biden." He added, "I’m very much looking forward to working with President Biden,” per the New York Times. * On the call, however, Trudeau "raised Canada’s disappointment with the United States’ decision on the Keystone XL pipeline," according to the readout. * "The Prime Minister underscored the important economic and energy security benefits of our bilateral energy relationship as well as his support for energy workers."The big picture: The pipeline project originally came with an $8 billion price tag and was expected to carry roughly 830,000 barrels of crude oil daily from Canada through Nebraska, per The Washington Post. * Though President Obama rejected the pipeline, President Trump gave it the green light once in office. * Lawsuits slowed construction on the project throughout Trump's administration. * Two Native American communities sued the government over the pipeline last year, charging the government did not consult with tribes on the pipeline's proposed path, which crosses tribal lands. * Its permit repeal is one of several "critical first steps to address the climate crisis, create good union jobs, and advance environmental justice, while reversing the previous administration’s harmful policies," according to the Biden administration.In their Friday call, the two leaders discussed collaborating on COVID vaccines and the flow of critical medical supplies, efforts to work with Indigenous people and plans to address climate change through cross-border clean electricity transmission and net-zero emissions. * "Both leaders have made combating climate change, defending human rights and strengthening international institutions central to their platforms," the Times writes. * "The leaders reiterated their firm commitment to multilateral institutions and alliance," per the readout.Flashback: In 2017, Trudeau touted the Keystone XL pipeline, saying: "No country would find 173 billion barrels of oil in the ground and just leave them there. The resource will be developed. Our job is to ensure that this is done responsibly, safely and sustainably." Go deeper: Biden talks climate in calls with foreign leadersBe smart: sign up FREE for the most influential newsletter in America.
- The Independent
He’s the latest of the hundreds of suspected rioters to be identified
- NBC News
A woman has been arrested and charged with murder after the dismembered remains of her missing roommate, Talina Galloway, were found in a freezer in the woods of Polk County, Arkansas last week. Talina, 53, was reported missing by her roommate, Kore Bommeli on April 17, 2020. Talina’s remains were found in the freezer on January 14, 2021. Bommeli, who has been a person of interest throughout the investigation, was located in Wisconsin and faces charges of murder and desecration of a corpse. Th
- The Week
President Biden has issued another two executive orders aimed at the coronavirus pandemic's economic fallout.Millions of Americans have claimed unemployment insurance as they lost their jobs amid the pandemic, not to mention thousands of noncitizen workers who haven't been eligible for the benefits. Congress has so far passed two relief bills aimed at helping those who have lost their jobs, though many families are still struggling. Biden is pushing Congress to pass another $1.9 trillion stimulus program, but took initial and immediate relief steps Friday with another round of executive orders.The first order would increase how much families are given through the Supplemental Nutrition Assistance Program each week. About 12 million families rely on the program, and this order would boost food stamp benefits for a family of four by 15 percent, National Economic Council Director Brian Deese tells The New York Times. And while Biden has called for another round of $1,400 stimulus checks, this order would direct the IRS to ensure Americans are getting their $600 payments as well. Notably, the order will also let people claim unemployment benefits even if they quit their job because they feel unsafe working it during the pandemic, among other economic benefits aimed at low-income Americans.The second order meanwhile lays the groundwork for ensuring federal workers and contractors are paid at least $15 per hour and can access paid leave, CNN reports. It also undoes some of former President Donald Trump's orders that let a president hire and fire employees for political reasons and limited federal workers' bargaining rights.Biden has spent the first two days of his presidency issuing executive orders to combat Trump's policies on immigration, climate, the pandemic, and more.More stories from theweek.com 7 brutally funny cartoons about Trump's White House exit McConnell is already moving to strangle the Biden presidency Nearly 200 National Guard members have reportedly gotten COVID-19 since the Capitol riot
- Associated Press
The latest jackpot-winning Powerball ticket, worth $731.1 million, was sold in a struggling coal mining town whose biggest previous claim to fame was being the hometown of baseball legend Lefty Grove. The store will get a $100,000 bonus for selling the ticket to the fifth-largest lottery prize in U.S. history. An even larger Mega Millions jackpot will be up for grabs Friday night.