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Harvey Weinstein Judge Amends Sexual Battery Charge But Rejects Bid To Dismiss Two Other Sex-Related Counts

Medical Properties Trust Q2 Profit Rises – Quick Facts

Medical Properties Trust, Inc. (MPW) reported that second-quarter net income attributable to stockholders was $114.57 million or $0.19 per share, compared to $109.47 million or $0.21 per share in the prior-year quarter.

Normalized funds from operations or NFFO were $250.55 million or $0.43 per share, compared to $199.56 million or $0.38 per share in the year-ago quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report earnings of $0.28 per share for the quarter. Analysts’ estimates typically exclude special items.

Total revenues for the quarter increased to $381.79 million from $291.84 million in the same quarter last year. Analysts expected revenue of $370.51 million for the quarter.

Looking ahead, Medical Properties Trust said it expects an annual run-rate of $1.14 to $1.18 per share for net income and $1.72 to $1.76 per share for NFFO.

Wegmans is moving into an old Kmart location to open its first Manhattan store

  • Wegmans Food Markets announced Thursday it will open its first Manhattan location as it moves into the old Kmart location at Astor Place.
  • The store is expected to open in the second half of 2023.
  • Wegmans opened its first New York City location in the Brooklyn Navy Yard in October 2019.

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Wegmans Food Markets announced Thursday it will be opening its second location in New York City and its first in Manhattan, as it moves into the old Kmart location at Astor Place.

The grocery chain with a cult-like customer following said it signed a 30-year lease at the roughly 82,000-square-foot location at 770 Broadway.

The store is expected to open in the second half of 2023. Wegmans opened its first New York City location in the Brooklyn Navy Yard in October 2019.

The deal was brokered by Ripco Real Estate, whereby Wegmans signed an agreement with Sears and Kmart owner Transformco to buy out Kmart's lease at Astor Place. The grocer has entered into the long-term lease with property giant Vornado Realty Trust.

"Wegmans is one of a kind and will be a best-in-class addition to Manhattan, both for the local neighborhoods and as a destination for residents from across the island," Vornado CEO and Chairman Steven Roth said.

The store was the last Kmart left in Manhattan when it shut its doors unexpectedly this month.

Manhattan Scores a Shiny, New Whiskey Distillery in NoHo

The 28,000-square-foot, four-story Great Jones Distilling Company will open in August with a cocktail bar, a tasting room and more.

By Robert Simonson

In late August, when the Great Jones Distilling Company opens its doors, Manhattan will have its first legal whiskey distillery since the advent of Prohibition in 1920.

Brazil's govt posts primary $14.5 bln deficit in June -Treasury

BRASILIA, July 29 (Reuters) – Brazil’s central government reported a primary budget deficit of 73.6 billion reais ($14.5 billion) in June, the Treasury said on Thursday, more than the 63.4 billion reais deficit forecast in a Reuters poll of economists.

The accumulated deficit excluding interest payments in the first half of the year was 53.7 billion reais, and the accumulated shortfall in the 12 months through June was 401 billion reais, worth 4.7% of gross domestic product, Treasury said.

What’s Next for New York, a Times Virtual Event

As the city rouses from Covid restrictions, explore the city’s fiscal, cultural and political future with the mayoral nominee Eric Adams and others.

By The New York Times

Watch live: Biden unveils next steps in White House Covid vaccination push

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President Joe Biden is set to delivers remarks about his administration's latest efforts to boost coronavirus vaccinations.

The new steps come as officials warn of an expected surge in Covid cases led by the highly transmissible delta variant, which is spreading in the U.S. and around the world.

Multiple outlets reported that Biden's speech is expected to announce that federal workers will be required to get vaccinated or else submit to strict safety protocols, including regular testing.

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Harvey Weinstein Judge Amends Sexual Battery Charge But Rejects Bid To Dismiss Two Other Sex-Related Counts

A Los Angeles judge today rejected a bid to dismiss two sex-related charges against disgraced producer Harvey Weinstein, despite defense claims they are precluded by the statute of limitations.

Judge Sergio Tapia II, however, told prosecutors to return to a grand jury to amend a third charge of sexual battery by restraint, which the defense challenged on the same grounds. Weinstein also is facing eight other sex-related charges.

Weinstein, who is being held without bail in the Twin Towers jail downtown, was at the Foltz Criminal Justice Center for today’s hearing.

The former mogul, already a convicted sex offender due to a successful prosecution in New York last year, entered a not-guilty plea to all L.A. charges last week.

The Weinstein indictment unsealed July 21 lays out the full extent of the four counts each of forcible rape and forcible oral copulation, two counts of sexual battery by restraint, and one count of sexual penetration by use of force. The attacks involve five women over a span of time from 2004-13. (Read the unsealed indictment here.)

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No trial date has been set.

City News Service contributed to this report.

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