industry

A Mourning Industry Grapples With the Future of Office Security

The deadly shooting in a Midtown skyscraper on Monday evening dealt an especially painful blow to New York City’s commercial real estate community.Two of the four victims worked in real estate: Wesley Lepatner, the 43-year-old CEO of a large Blackstone real estate fund, and Julia Hyman, a young associate at…

The Online Invite Industry Is Booming. It’s Driving Hosts, Guests Mad.

Julia Landon is moving out of Jersey City this summer, and she’s enlisting her friends to schlep boxes. Instead of texting or calling them to beg for help, she’s inviting them on Partiful. The 27-year-old made three events on the popular event planning app: one for packing (“Pizza, Packing and…

Mistake for Europe to Break From US Defense Industry: NATO Minister

A key NATO member warned that it would be a “really big mistake” for Europe to break away from the US defense industry.European defense spending has risen sharply since Russia’s full-scale invasion of Ukraine in 2022, and President Donald Trump has cast doubt on his commitment to NATO and Ukraine,…

Luxury Industry Hit Hard by Slowdown, but Some Key Areas Still Shine

It’s been a rough year for luxury retailers, as economic headwinds have reduced consumer demand, but there are still a few places where people are willing to spend money.Luxury brands could be facing their biggest setback in 15 years, according to a report published by Bain & Company and Italian luxury goods industry association Altagamma…

Breaking Down All the Recruiting Drama Rocking the PE Industry

A prestigious corner of Wall Street is having a bit of an identity crisis.The private-equity industry is on the cusp of some massive changes to how it recruits young talent. Big-name firms are putting their foot down about the early recruitment of junior bankers, leaving young Wall Streeters scrambling.There’s a…

Ukraine’s Defense Industry Says It Can Make a Lot More Weapons With a Simple Fix

Ukraine’s defense industry says it is prepared to produce much more weaponry than it is currently making. The problem is that the Ukrainian government can’t afford the multi-billion-dollar price tag for production.But it says there’s a straightforward solution.Ukraine’s defense industry has boomed since Russia launched its full-scale invasion of Ukraine,…