Daewoo Drops $291 Million Tower Bet On Palisades Park
Daewoo E&C confirmed a $291M plan for an 18‑story, 540‑unit residential and retail project in Palisades Park, NJ, partnering with a local developer; construction is slated to begin in 2028.
Feds Crack Open Path For Supersonic L.A. - New York Dash
The FAA proposes replacing the 1973 ban on overland supersonic flight with a noise‑based standard (0.11 psf), opening the door to faster coast‑to‑coast jets and fresh debates over noise and climate.
Brooklyn Showdown As Feds Defend Sudden Retreat From Adani Case
The Justice Department told a Brooklyn federal judge its May decision to abandon the Adani indictment was legally sound, listing jurisdictional and evidentiary reasons. The court has asked prosecutors for a fuller explanation by July 13.
Alibaba to Pay $600M After DOJ Finds Illegal Drug Sales
Alibaba agreed to a $600M non‑prosecution deal after U.S. officials said its platforms allowed roughly 80,000 illegal drug and pill‑press sales to reach American buyers. The companies will pay penalties and overhaul compliance.












