Ackman launches/retreats on Pershing Square IPO amid rocky demand; famed activist hedge funder, founder of Pershing Square. #finance
A London primary teacher was found guilty of inappropriate conduct involving pupils, including sending secret notes and asking a pupil on a date. Meanwhile, debates over AI's role in education continue, with concerns about its impact on critical thinking and resource allocation in UK schools.
Mayor Zohran Mamdani has announced a pied-à-terre tax targeting luxury properties worth over $5 million, including Ken Griffin's $238 million penthouse. The move has triggered opposition from Griffin's hedge fund Citadel, which is considering halting a $6 billion redevelopment project. Critics warn the tax could drive wealthy residents and businesses away from New York City.