lease

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Biden Yanks Alaska Oil Leases
Biden Yanks Alaska Oil Leases
Sep 7, 2023 7:25 AM CDT

Biden Yanks Alaska Oil Leases

'We have a responsibility,' president says of Interior Dept. move in Arctic National Wildlife Refuge

(Newser) - As then-President Trump's days in the White House came to a close, an Alaskan state development agency was granted a slew of oil and gas leases that ended decades of a drilling moratorium in the Arctic National Wildlife Refuge. This week, President Biden's Department of the Interior nixed...

Foreign Business Couldn't Keep Trump's Hotel in the Black

House panel asks GSA for more documents and answers

(Newser) - Documents released Friday show the Trump International Hotel in Washington lost millions while Donald Trump was president, though he claimed it was profitable, prompting a House panel to ask for answers from the GSA. The hotel lost more than $70 million during Trump's term, the Washington Post reports, despite...

Deal Nears to Take 'Trump' Off DC Hotel

Under the agreement, a developer would sign up another company to manage the landmark

(Newser) - Negotiations are underway to rebrand Trump International Hotel in Washington. Under the deal being considered, Axios reports, former President Donald Trump would sell the hotel's leasing rights to a real estate developer. A hotel company would then reach an agreement with the developer to manage the Pennsylvania Avenue hotel—...

They Had Every Right to Use the Gym. He Didn't Think So

White CEO in Minneapolis loses office lease after video shows him calling 911 on black entrepreneurs

(Newser) - One of the perks of using an office space via WeWork in Minneapolis' MoZaic East complex is that you get to take advantage of the site's amenities, including its gym. But, per the Hill , a group of black entrepreneurs who've owned a business in the building for a...

Starbucks Sued by Nation's Biggest Mall Operator

Simon Property says company's plan to close Teavana stores will violate mall leases

(Newser) - America's largest shopping mall operator is suing Starbucks—over its tea. Last month, Starbucks announced it would close all 379 of its Teavana stores next year. But in a lawsuit filed last week in Indianapolis, Simon Property Group says the closures are actually scheduled to take place before the...

Secret Service Now Stuck in Trailer Outside Trump Tower

They couldn't agree on lease terms with Trump Organization

(Newser) - The agency tasked with protecting President Trump and his family has had to leave a command post amid a lease dispute with the Trump Organization. The Secret Service vacated its command post in Trump Tower, in a unit one floor below the president's apartment, to a trailer on the...

Trump Tower May Lease Space to Pentagon

Which, if that happens, raises new questions about president's conflicts of interest

(Newser) - Questions about presidential conflicts of interest resurfaced Wednesday after a Pentagon announcement that it's looking into leasing space in Trump Tower, the New York Times reports. DOD spokesman Lt. Col. JB Brindle said in a statement that, to "meet official mission requirements," it may be necessary to...

Obama Puts New Obstacle in Coal Industry's Way

President to announce stop to new coal-mining leases on federal land

(Newser) - During his SOTU address Tuesday, President Obama forewarned he'd "push to change the way we manage our oil and coal resources." Today, part of that blueprint is set to become more clear, with an expected announcement by the president to stop all new coal-mining leases on public...

Landlord Sues Tenant Over Derogatory Tweet

Chicago firm claims libel after resident posts mold complaint

(Newser) - Twitter enthusiasts may want to watch what they write—a Chicago landlord has sued a tenant for libel after she posted a Tweet complaining about her apartment, the Tribune reports. “Who said sleeping in a moldy apartment was bad for you? Horizon realty thinks it’s okay,” Amanda...

Starbucks Looks to Cut Back on Rent
Starbucks
Looks to Cut Back on Rent
May 29, 2009 2:42 PM CDT

Starbucks Looks to Cut Back on Rent

Coffee chain presses landlords for 20%-25% reductions

(Newser) - Starbucks is asking some of its landlords for a venti favor: lower lease rates by as much as 25%, Bloomberg reports. With the real-estate market in decline, a rep says, “We’re taking advantage of the opportunity,” adding that most landlords foresee a “mutually beneficial situation.”...

Coney Island's Astroland to Shut Down

Owner of legendary amusement park can't strike deal on lease

(Newser) - The iconic Astroland, one of two theme parks on New York’s Coney Island, will close for good on Sunday, the New York Post reports. Owner Carol Albert said she couldn't strike a lease deal with the 46-year-old site's developer and landlord. The park’s historic (and bruising) Cyclone rollercoaster...

GM, Ford Join Chrysler in Retreat From Leasing

As resale values plummet and credit tightens, automakers leave market

(Newser) - Ford and GM are joining Chrysler in moving away from auto leasing, the Wall Street Journal reports, signalling the end of an era in which leases allowed many Americans to drive more expensive cars than they could afford to buy. The move is prompted by falling prices for used SUVs...

Chrysler to Scrap Leasing
 Chrysler to Scrap Leasing
Jul 26, 2008 12:07 PM CDT

Chrysler to Scrap Leasing

Struggling automaker says it will focus more on financing loans

(Newser) - Chrysler will no longer offer auto leases through its financial arm, due to the declining value of used automobiles, particularly trucks and SUVs, the Detroit Free Press reports. Instead, it plans to focus on financing, which could lead to better deals for those who buy cars through loans. Given the...

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