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NYU Langone Health has announced plans to open a brand new ambulatory care facility in South Florida following a $75 million gift by the Julia Koch Family Foundation. The West Palm Beach facility, set to open in 2026, will be the first new Florida location since 2017 for NYU Langone, which has received consistent recognition as one of the best hospital systems in the country. The eight-story, state-of-the-art health facility, to be located at 324 Datura Street, will have space for 50 physicians and serve around 150,000 patients each year. It will offer 76,000 square feet of clinical space, including...

Home Depot co-founder and billionaire Ken Langone plans to meet with former U.S. ambassador to the United Nations Nikki Haley next week in New York, as he considers backing her in the Republican presidential primary. “The only person I see who can give [Donald] Trump a run for his money is Nikki Haley,” Langone told CNBC in an interview Monday, referring to the former president and current Republican frontrunner. Langone declined to give the date of the meeting, but the former South Carolina governor is scheduled to be in New York on Dec. 4, for a fundraising event co-hosted by...

Billionaire investor, philanthropist and business leader Ken Langone called out the Federal Reserve under President Biden for not acting on raging inflation that’s hurting average Americans most. "Let me say this to you about Joe Biden, in my opinion, and I'm going to be very, very direct: he thinks he's the smartest guy in the room," Langone said on "Mornings with Maria" Wednesday. "If that's the case, we're really in trouble, because the American people are a lot smarter than that." Further assessing the macroeconomic picture, Langone – who also co-founded Home Depot – called the Fed under Powell a...

Conspiracy theorists are having a field day with the Eliot Spitzer story, and they have good reason: Wall Street titan Ken Langone, one of Spitzer’s archest of enemies, made it sound as though there’s more to the story. Check out this transcript from a CNBC interview with Langone that aired yesterday: CNBC: Would you say that you were surprised by this news? LANGONE: Not at all. I had no doubt about his lack of character and integrity. It would only be a matter of time, I didn’t think he would do it this soon or the way he did it....

A little more than a year ago I was obliged to defend myself publicly against a legal smear. Eliot Spitzer, the full-time New York state attorney general and part-time fund-raiser for his political ambitions, called me "unsavory," "deceptive" and "tainted." When many in the media were uncritically swayed by his posturing, Mr. Spitzer then pledged to "put a stake through" my heart. This metaphorical threat to my cardiovascular system aside, the occasion for all this brash talk was the attorney general's assertion that I was a lawbreaker. I tricked some of Wall Street's keenest minds, so the accusation goes, into...

In the celebrated case of Eliot Spitzer versus Dick Grasso, Exhibit A is the Webb report. Commissioned by former New York Stock Exchange Chairman John Reed and produced by former federal prosecutor Dan Webb, the report is the basis for the New York Attorney General's claim that Mr. Grasso manipulated the NYSE board into paying him too much money. Yet when Mr. Spitzer goes to court, he will have to grapple with material that Mr. Webb gathered but never included in his final report that was made public. These are the more than 1,000 pages of interviews that Mr. Webb's...

Excerpt - Sources: Grasso Ally Langone Mounting Bid for Archipelago Financier Kenneth Langone is mounting a rival bid to buy electronic trading platform Archipelago Holdings Inc. (AX), a move rich in Wall Street politics that threatens to derail its proposed union with the New York Stock Exchange, according to people familiar with the matter. The Home Depot Inc. (HD) co-founder and friend of former NYSE chief Dick Grasso quietly reached out to a number of Wall Street chief executives, asking them if they would be interested in participating in a counterbid for Archipelago. Mr. Langone, according to some of the...

We'd like to direct readers to Kimberley Strassel's scoop nearby on New York Attorney General Eliot Spitzer's suit against former New York Stock Exchange head Dick Grasso. The press has tended to present Mr. Spitzer's side of the Grasso pay package tale, but Ms. Strassel dissects a number of heretofore unexamined NYSE documents that tell a very different story. Mr. Spitzer's charge is that Mr. Grasso and former compensation committee head Ken Langone managed to dupe the Exchange's distinguished directors into paying Mr. Grasso millions. We've argued that this is none of the AG's business, the stock exchange being a...