Since 1933, the Rockefeller family has occupied the 56th floor of 30 Rockefeller Plaza, but even one of America's iconic names needs to get a good deal on a lease.
The office space, used by the family for charitable and entrepreneurial activities, will join the wealth-management firm Rockefeller & Co. at One Rockefeller Plaza, which is south of the more famous address. Altogether, the Rockefellers will occupy about 75,000 square feet of space at One Rockefeller Plaza. And just to answer the question you might have: Yes, the Rockefellers have to lease the space, as the family does not own the complex. After a series of sales, it landed in the hands of Tishman Speyer in 1996. -- Bloomberg
Today's video: Bayer Exploring Sale of Diabetes Unit for Up to $2.5B
Bayer continues to wheel and deal. This time, its diabetes device unit looks to be up for sale. The unit, which could go to another drug company, or one of a handful of private-equity firms, could fetch up to $2.5 billion. The company is already looking to list its plastics unit on the stock market and buy Merck's over-the-counter drug business in another multibillion-dollar deal.. -- Bloomberg video above
Leading The Business Journals:
Grand jury: No indictment of Darren Wilson in Michael Brown's death-- Staff, St. Louis Business Journal
Which company is worth more, Microsoft or Apple? The answer isn't as clear as you might think-- Jacob Demmitt of the Puget Sound Business Journal
Yahoo extends shopping spree, buys San Francisco-based Cooliris-- Jason McCormick of the Silicon Valley Business Journal
Wall Street Journal Business top headlines:
UTC CEO Abruptly Steps Down
Federal Government to Mandate More Calorie Counts
The End of the Impulse Shopper
Fight Over Flickr's Use of Photos
CFOs Don't Trust Cheaper Gasoline to Fuel Holiday Sales
Wal-Mart's Merchandising Chief to Quit
New York Times Business top headlines:
A Place Where Lost Luggage Gets Another Shot
Woman Cleared in Death Tied to G.M.'s Faulty Ignition Switch
Honda Failed to Report Defects' Full Human Toll
Senator Elizabeth Warren's Misplaced Rage at Obama's Treasury Nominee
Appraisal for Mortgage Values Saks Flagship at $3.7 Billion
Reuters Business top headlines:
Exclusive: U.S. prosecutors to interview London FX traders - sources
In wake of China rejections, GMO seed makers limit U.S. launches
Visteon in talks to sell South Korean unit to local PE firm
RenaissanceRe to buy Platinum Underwriters for $1.9 billion
U.S. services sector activity grows, November rate slows: Markit
Bloomberg US region top headlines:
Citigroup 'Idea Dinners' Cited in Finra Fine Over Tips
Obama Foes Need Laws or Impeachment in Immigration Fight
Twitter CFO Noto Has an Oops Moment With Mistaken Tweet
Universal Pictures Acquires 'Jobs' Film From Sony Corp
American Tower Pays $2.25 Billion for Brazil, Nigeria M&A
Bloomberg videos:
Obama on Ferguson Verdict: This Is an Issue for America
Why It's Been a Tough Year for Hedge Fund Managers
Obama: Sec. Hagel Will Stay on Until Successor Is Found
Find more videos at The Business Journals video page
Notable expected earnings
TODAY: Analog Devices, Beacon Roofing Supply, Brown Shoe Company, Campbell Soup, Chico's FAS, Cracker Barrel Old Country Store, Ctrip.com International, DSW, Eaton Vance, Hewlett-Packard, Hormel Foods, Pall Corporation, Signet Jewelers, Tiffany & Co., TiVo, Valspar.
WEDNESDAY: Deere & Company.
Information gathered from NASDAQ calendars
Trending on Google Business News:
United Technologies Corporation
Redbox
Citigroup
ING Group
Twitter
Kingfisher plc
Today in 1984:
Thirty-six top musicians gather in a Notting Hill studio and record Band Aid's " Do They Know It's Christmas?" in order to raise money for famine relief in Ethiopia.