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New York’s Penn Station Rehab Eyes Billions in Federal Funding

The entities transforming New York’s Penn Station are slated to learn how much federal money will be directed to the project in about six months, according to Peter Cipriano, chief executive officer of the Halmar-Skanska consortium, the renovation’s master developer.

Leading Law Firms: The Only Constant Is Change

Who are the leaders of the legal industry? Bloomberg Law’s Leading Law Firms list, now in its second year, recognizes the top performers across the key pillars of finance, growth, talent, and tech & innovation. The list identifies which firms—big or small, based in the US or abroad—are raising the bar for their competitors. Check out the list and dig in to the data now.

Trump Pick for Crucial NLRB Position Gets Senate Hearing Date

The Trump administration’s nominee to become the critical third Republican member of the National Labor Relations Board will get a Senate hearing June 10, a necessary step toward unlocking the GOP majority’s ability to change board precedents.

Opportunity Zones: Will Tax Break for Investors Benefit Communities Too?

The 2017 tax overhaul included incentives to invest in distressed communities. Investors benefit from tax breaks and the designated opportunity zones benefit from economic investment, but critics say already-wealthy investors don’t need these breaks.

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