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The Spiral’s $2.7 Billion Refinancing Kicks Off 2025 CMBS Market

(Bloomberg) -- Tishman Speyer and Henry Crown have raised $2.65 billion in the commercial mortgage-backed securities market for The Spiral office tower in New York, kicking off the single asset, single borrower sector that analysts expect to post a banner year.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Don’t Shrink the BusCan States Hit the Brake

Quantum Computing Stocks Drop as Nvidia CEO Sees Use Years Away

(Bloomberg) -- The shares of IonQ Inc. and other companies linked to quantum computing tumbled in extended trading on Tuesday after Nvidia Corp. Chief Executive Officer Jensen Huang said “very useful” quantum computers are likely decades away.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Don’t Shrink the BusCan States Hit the Brakes on Runaway Roadb

Wall Street Banks Cleared by Texas After Exiting Climate Group

(Bloomberg) -- Texas Attorney General Ken Paxton dropped his threat to cut off big US banks from municipal-bond deals after a slew of Wall Street firms exited a controversial climate-finance alliance.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Don’t Shrink the BusCan States Hit the Brakes on Runaway Roadbuilding?In 2023, his office announced that