Business

Millionaires in NYC set to face highest tax rate in US

ALBANY, N.Y. (AP) — The highest-earning New Yorkers would face the nation's steepest income tax rate under a budget lawmakers expected to vote on Tuesday.

High court sides with Google in copyright fight with Oracle

WASHINGTON (AP) — Technology companies sighed with relief Monday after the Supreme Court sided with Google in a copyright dispute with Oracle. The high court said Google did nothing wrong in copying code to develop the Android operating system now used on most smartphones.

Shopoff Realty Investments Secures $105 Million Construction Loan for 1.8 Million-Square-Foot Logistics Center in Riverside County

IRVINE, Calif., April 5, 2021 /PRNewswire/ -- Shopoff Realty Investments ("Shopoff"), a national manager of opportunistic and value-add real estate investments, announced today that the company has secured a $105 million construction loan from Bank OZK for its I-10 Logistics Center project, located near the I-10 freeway and Cherry Valley Boulevard interchange. The project is a joint venture partnership between Shopoff Realty Investments and Artemis Real Estate Partners.

What Homeowners Need to Know Before Refinancing

With mortgage rates hovering near three percent, experts say there are still a number of homeowners who could benefit from refinancing. In fact, borrowers who refinanced in 2020 to lower their mortgage rate saved over $2,800 in mortgage payments annually, according to the latest Freddie Mac research.

States struggle to get rent relief to tenants amid pandemic

Gov. Andrew Cuomo announced last July that New York would spend $100 million in federal coronavirus relief to help cash-strapped tenants pay months of back rent and avert evictions.

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