Browsing: Business

GM spokesman Dan Flores would not comment beyond the statement about the battery plants in Lordstown, Ohio, and Spring Hill, Tennessee, which combined will employ about 2,300 workers. The other partner in Ultium LLC is South Korean battery maker LG Energy Solution.

The deal, which is subject to customary approvals, will make Amazon, already one of the most powerful and valuable companies in the world, even bigger. Regulators around the world are scrutinizing Amazon’s business practices, specifically the way it looks at information from businesses that sell goods on its site and uses it to create its own Amazon-branded products.

The firm is leasing just under 10,000 square feet, a small fraction of the 2.5 million square feet of office space in the building. But Fyllo chose the sprawling riverfront building, redeveloped by 601W Cos., because it has plenty of office space for expansion in the years to come, said Bronstein, Fyllo’s CEO.

In Lakeview, LaVine took a loss on the mansion, which he purchased for $3.25 million in 2018. Built by JDL Construction in 2006, the mansion has five baths, a family room with a stone fireplace and a kitchen with a Lacanche range, a Traulsen refrigerator and freezer and a built-in breakfast area. The primary bedroom suite has a bathroom with dual vanities, a soaking tub, and a walk-through closet with an island and solid wood built-ins.

“The situation has become more and more egregious,” said Christopher Gindlesperger, a spokesman for the National Confectioners Association, a trade organization in Washington, D.C., with 350 members, including Mars Inc., Hershey’s, Ferrara and Mondelez. “The cannabis companies cannot and should not be allowed to tarnish existing brands at will. It creates consumer confusion.”

Launched in 2007, Alden is headed by Randall D. Smith, 78, who made his fortune on Wall Street by investing in distressed companies. Smith holds one of three Alden seats on the seven-member Tribune board. Heath Freeman, 41, a Duke University graduate and the son of an investment banker who represented unions, is Alden’s president.