The Wall Street Journal

14/07/2025

Exclusive: Real-estate developer Harry Macklowe made plans to list his own home at 432 Park Avenue, the embattled skyscraper he helped build, for $75 million. There is one problem: he doesn’t actually own it.

Macklowe was forced to surrender his units to developer CIM after defaulting on loans the company provided for his purchases

14/07/2025

Sarah Aragón glanced at the growing line of people snaking down Central Avenue, waiting for their allotment of everything from melons to pinto beans to frozen catfish. She wondered how she’ll keep feeding them all.

This year, the federal government has canceled food deliveries and cut hundreds of millions of dollars in annual aid to food banks. For Aragón, the head of programming for Roadrunner Food Bank, New Mexico’s largest charitable food operation, that has meant losing more than seven million pounds of food she had been counting on.

President Trump’s megabill, passed earlier this month, includes cuts to food stamps, now known as the Supplemental Nutrition Assistance Program, or SNAP.

Food banks across the country were already straining under rising demand. Now, they worry many more Americans will go hungry. Some food banks and pantries are pushing for more state, local and private funding. Others are considering cutting back services and the amount of food they can distribute.

“It’s getting to the point where we can’t fill every single need in terms of food,” Aragón said.

Read more; 🔗 https://on.wsj.com/3IqijNM

14/07/2025

Starbucks is requiring its corporate workers to come in the office a minimum of four days a week, up from three, as the coffee chain pushes ahead on its turnaround plan.

14/07/2025

The Hong Kong legislature will consider a bill this week to formally recognize same-sex partnerships.

Supporters of same-sex marriage have criticized the legislation as too limited, while opponents have said it undermines traditional marriage.

14/07/2025

President Trump announced a deal with NATO that would send weapons and air defenses to Ukraine within days.

The president, who expressed frustration with Russia’s Vladimir Putin, said deal would send weapons and air defenses to Ukraine within days.

14/07/2025

Counterfeiters have perfected the knock-off handbag—and it’s disrupting the economics of the luxury industry. 🔗 https://on.wsj.com/4nNhjDq

14/07/2025

A pet food giant launched a mission to tackle one of cat parents’ chief sources of angst: “feline insecurity,” a fear of cats’ indifference to their owners’ affection. 🔗 https://on.wsj.com/46es1gd

14/07/2025

The breadth of ball caps—new and vintage, logoed and blank—at last week's "billionaire summer camp" in Sun Valley, Idaho, was striking.

Easily the most intriguing hats at the conference were those that expressed an interest, affinity or bit of personality on behalf of folks known for carefully guarding their privacy and image.

🧢 Read more: https://on.wsj.com/4lui1nK

14/07/2025

Amelia Moore, 14, had been awakened by a clap of thunder so near that it shook her cabin at Camp Mystic. There were screams in the night. She and her friends in “Angel’s Attic” were growing anxious.

Go back to sleep, a counselor urged them.

But soon, other girls on Mystic’s Senior Hill began to crowd into Angel’s Attic and another cabin, Cloud 9. Theirs were filling with water, they said. Two of those other cabins, Hangover and Look Out, were lower down the hill and would be submerged.

Amelia heard more screaming, too. It was coming from an area just across the river known as the Flats, where Mystic’s youngest campers were clustered.

For campers in Giggle Box, one cabin in the Flats, water rose so quickly girls couldn’t open the door, according to one camper’s account. Girls climbed out the windows instead.

When Amelia awoke around 7 a.m., she and the other girls discovered they were stranded. “We were so hungry. We were starving,” she recalled.

They joked about the storm, believing that they had borne the worst of it while the younger girls on the Flats had been spared. This notion was reinforced when counselors—either misinformed or trying to prevent panic—told them that the younger campers were all fine, and had ridden out the storm in Rec Hall.

Don’t worry, they were told, the younger campers were happy and fed, and had evacuated to Mystic’s newer campus, Cypress Lake, just up the road.

Read more: https://on.wsj.com/4lrYiF7

14/07/2025

The U.S. will impose tariffs up to 100% on Russia if that country does not agree to halt hostilities in Ukraine within 50 days, President Trump said Monday.

The U.S. will impose tariffs up to 100% on Russia if that country does not agree to halt hostilities in Ukraine within 50 days, President Trump said Monday.
The U.S. will impose “very severe tariffs if we don’t have a deal in 50 days,” Trump said during an Oval Office meeting with NATO Secreta...

14/07/2025

The NCAA wants to expand the men’s basketball tournament. Whether it can do that could come down to one thing: booze.

The broadcast deal for the men’s basketball tournament doesn’t require CBS/Turner to pay more money for more teams. So the NCAA is offering beer, wine and other new sponsorships as sweeteners.

14/07/2025

Reddit CMO Roxy Young says you shouldn’t focus on being liked in your career—and shares what you can pursue instead.