Fresh off of his election win, New York City Mayor Elect Zoran Mamdani is in Puerto Rico for an annual summit that brings together New York politicians and lobbyists. Before arriving, Mumdani spoke by phone with the outgoing mayor, Eric Adams, who promised that his team will fully cooperate with this transition. Meanwhile, Wall Street is reckoning with Mumani's win.As NPR puts it, New York City's CEOs and other billionaire business leaders spent more than $40 million trying to stop Mandani from becoming the ...

How do you think it's going so far. We heard a lot of reports that the justices seem skeptical. What do you what was your take of their reception of some of the facts in this case.>> Well, they they seemed uh very taken with the idea that the the law does not provide for tariffs. That's an argument we've been making since April. They asked a lot of questions about um how it could possibly be that Congress decided to give a blank check to the president to the tune of a $3 trillion tax increase that he could ...

The last word with Lawrence O'Donnell starts right now. Hey, Lawrence. >> Hey, Jen.Uh, you know, I think many of us were expecting some sort of um interpretation necessary about last night's results. I mean, you know, yet during say yesterday afternoon, like you know, maybe it' be a win here, a loss there, and it'd be a mixed bag of of data to try to figure out uh what was the real outcome, but boy, you just couldn't have had a clearer result last night. You're you're so right and I know you were talking ab ...

Core Insights - Global Net Lease, Inc. (GNL) has achieved significant financial milestones, including an upgrade of its corporate credit rating to investment-grade BBB- from BB+ by Fitch Ratings, reflecting successful deleveraging and operational efficiencies [4][5]. - The company reduced its net debt by $2 billion since Q3 2024 and increased liquidity to $1.1 billion, enhancing its financial stability [4][10]. - GNL raised its full-year Adjusted Funds from Operations (AFFO) per share guidance to a new range of $0.95 to $0.97, up from the previous range of $0.92 to $0.96 [1][6]. Financial Performance - Revenue for Q3 2025 was $121.0 million, down from $138.7 million in Q3 2024, primarily due to asset dispositions [4][7]. - The net loss attributable to common stockholders was $71.1 million in Q3 2025, an improvement from a net loss of $76.6 million in Q3 2024 [4][7]. - Core Funds from Operations (Core FFO) decreased to $39.5 million from $53.9 million year-over-year, while Adjusted Funds from Operations (AFFO) fell to $53.2 million, or $0.24 per share, compared to $73.9 million, or $0.32 per share, in the prior year [4][7]. Capital Structure and Liquidity - GNL executed a $1.8 billion refinancing of its revolving credit facility, resulting in a 35 basis point reduction in the interest rate spread and extending the weighted average debt maturity [3][4]. - The weighted average interest rate decreased to 4.2% from 4.8% in Q3 2024, contributing to improved financial conditions [4][11]. - The company has a total liquidity of $1.1 billion and a revolving credit facility capacity of $1.2 billion, significantly up from $252.7 million and $366.0 million, respectively, in Q3 2024 [10][17]. Portfolio and Operations - As of September 30, 2025, GNL's portfolio consisted of 852 net lease properties across approximately 43 million rentable square feet, with a 97% lease rate and a weighted average lease term of 6.2 years [8][10]. - The company achieved a 26% renewal leasing spread, with significant renewals from GE Aviation and GXO Logistics, and a weighted average renewal term of 7.3 years [4][8]. - 60% of the annualized straight-line rent is derived from investment-grade or implied investment-grade tenants, indicating a strong tenant quality [4][8][13].

Joining me now, one of those small business owners impacted by Donald Trump's tariffs, Yaire Reiner, founder and CEO of Gowana's Kitchen Lab in Brooklyn and inventor of the Frywall Splattergard, which is manufactured in China. And you and I, Yaier, first, thanks for coming back. We spoke in April.You said then that tariffs were killing your business. How is it now. >> So, I would say that uh it has been a success.If the point was to pick my pocket as a small business owner, um the tariffs have basically bee ...

But I mean and I think this is a question for the other side as well. It's too too facing. Yes, of course, tariffs and dealings with foreign powers.But the vehicle is imposition of taxes uh on on Americans. And that has always been the core power of Congress. So to have the president's foreign affairs power trump that that uh basic power uh for Congress uh seems to me to kind of at least ne neutralize uh between the two powers the executive power and the legislative power.>> Let me say two things in respons ...

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Election & Voter Sentiment - High voter turnout in the mayoral election reflects New York City voters' frustration with the high cost of living and doing business [2][3] - Business community has concerns about the incoming mayor [3] Business Concerns & Priorities - Business leaders prioritized retaining Jessica Tisch as NYPD commissioner for public safety [6] - Employers want the city to be safe [6] Economic & Fiscal Policy - High costs, including taxes, are causing people to leave the city [9] - City and state budgets spending has increased by over 50% in the past decade, contributing to the affordability crisis [10] - Professionals in New York are paying 55% of their income in taxes to federal, state, and city government [13] - The incoming mayor cannot raise corporate or personal income taxes without state approval [15] - The incoming mayor mentioned reducing the costs of government and bureaucracy [17]

Key Management Andrew Spodek Chief Executive Officer Jeremy Garber President, Treasurer & Secretary Steve Bakke Chief Financial Officer Board of Directors Board Responsibilities Patrick Donahoe Chair of the Board, Member - Audit Committee Andrew Spodek Chief Executive Officer, Director Barry Lefkowitz Chair of Audit Committee, Member - Corporate Governance & Compensation Committee Anton Feingold Chair of Corporate Governance & Compensation Committee, Member - Audit Committee Jane Gural-Senders Member - Corp ...

What are some of the issues that matter the most to you. >> Taxes, inflation, cost of living. I mean, if it keeps continuing the way it's going, it's we're not going to be able to afford to be in New.We're senior citizens. We're not going to be able to afford to live here anymore. >> How do you feel about New Jersey kind of leaning more to the right.>> I pray it happens because so far, all the years of being on the left have not done me any good at all. I'm a small business owner and it has I've really been ...