Luke Stoddard Nathan, @lukestdnathan
Amazon to Buy Whole Foods in $13.4 Billion Deal—The New York Times
“The deal [comes] as the high-end grocer has been trying to fend off pressure from activist shareholders frustrated by a sluggish stock price.”
The real estate left behind: KeyBank moves out, others move in—Albany Business Review
After a merger with First Niagara, dozens of KeyBank buildings across the Capital Region were left vacant, though they continue to be marketed.
President Trump chooses inexperienced woman who planned his son Eric’s wedding to run N.Y. federal housing programs—New York Daily News
The person Trump has selected to serve as administrator of HUD’s Region II has a pretty thin resume.
Exclusive: Albany city assessor’s “mistake” could mean headaches for owners, developers—Albany Business Review
“The assessor in Albany, New York, today admitted making a mistake when he granted exemptions on certain commercial properties in the city, an acknowledgment that came after Albany Business Review raised questions about a program that has benefited 50 property owners, including luxury condos downtown.”
I learned the hard way why non-competes are bad for journalists—Columbia Journalism Review
“Unless an individual has highly unique skills or access to trade secrets, non-compete clauses have no place in a worker’s employment contract,” Attorney General Schneiderman said in a settlement with Law360 last year.
Katie Cusack @katiecusackk
UN envoy urges North Korea to explain why freed U.S. man is in coma — Reuters
American student Otto Warnber, 22, has been in a coma since March 2016 after being sentenced to 15 years of hard labor in North Korea.
PFOA found at high levels in Hoosick Falls soil and groundwater — Times Union
“’These investigations are identifying the nature and extent of the contamination in the area, and they are essential to our efforts to hold the responsible parties accountable for the cleanup,’ said Sean Mahar, a DEC spokesman. ‘None of our findings present any threat to public drinking water and the municipal water supply continues to be closely monitored and remains at non-detect.’”
Trump will allow “Dreamers” to stay in U.S., reversing campaign promise — New York Times
“The decision is a reversal from Mr. Trump’s anti-immigrant rhetoric during the campaign and is likely to disappoint some of the president’s most ardent supporters, who view the program started by former President Barack Obama as an illegal grant of amnesty.”
Changes in Cuba policy could adversely impact Trump’s hotel competitors — CNN
“The proposed changes in US-Cuba relations that President Donald Trump will unveil Friday in Miami could adversely impact hotel brands that directly compete with Trump’s business empire, making it more difficult for them expand their foothold in Cuba.”