Member News

Member News
16
Sep
Granito is proud to announce the newest additions to the racing fleet of Dream Racing on the Las Vegas Motor Speedway.
The Porsche 911 GT Race Car now stands beside the rest of the fleet, some of which can be seen below. In addition, the actual 750 hp Caterham CT01 F1 car driven by Heikki Kovalainen in 2012 is on display in the simulator room.
Granito compliments Dream Racing for the new car racing experiences now available on the track and its continuation of 3D-simulator...
16
Sep
U.S. Citizenship and Immigration Services and the U.S. State Department have announced significant changes to make it possible for eligible employer-sponsored foreign nationals to file applications for adjustment of status to permanent residence before an immigrant visa number becomes available.
The new changes establish a separate priority date list for the filing of adjustment of status applications, as well as a separate list for when adjustment cases can be approved. In October 2015, for example, USCIS will accept adjustment of status applications from Indian...
15
Sep
The U.S. Court of Appeals for the Second Circuit created a federal appellate split today when it revived a Dodd-Frank Act retaliation claim by an ex-finance director, who was responsible for the company’s financial reporting and compliance with accounting standards.
The court held that he was protected even though he only raised claims of accounting fraud internally with his employer, but did not report them to the Securities and Exchange Commission (SEC or the Commission) before he was terminated. The...
14
Sep
According to September remittance data, the $25.7 million 1604 Broadway note was written off in full this month. The loan made up 0.86% of GECMC 2007-C1, which has now taken 8% in cumulative bond loss.
The loan was backed by a 29,875 square-foot retail property located in the theater district of Times Square. The note was initially transferred to special servicing in November 2009 after losing its top tenant, Spotlight Times Square, to bankruptcy. The loan defaulted a month later and failed to refinance when it...
11
Sep
After an off-season dominated by accusations, suspensions, name-calling, and courtroom drama, the NFL finally gave football fans what they wanted when the Patriots hosted the Steelers on opening night. The game was not without something for the conspiracy theorists: Steelers coach Mike Tomlin complained that the Pats' radio broadcast was coming through his headset throughout the first half.
After an off-month low-lighted by a spike in volatility, sizable stock market losses, hand-wringing, and teeth-gnashing, the financial markets finally gave investors...
10
Sep
On September 9, 2015, the U.S. Department of State (DOS) and United States Citizenship and Immigration Services announced important changes impacting certain individuals in the permanent residence (“green card”) process. This change will allow some individuals to file the last step of the green card process, the application for adjustment of status, even if their priority date is not current.
The DOS has been moving steadily towards reforming its process for calculating immigrant visa (“green card”) availability. In July 2015,...
09
Sep
GRANITO is pleased to announce that over the summer it has been appointed by the Ministry of Economic Development as one of the few expert managers entitled to assist Italian SMEs in connection with new State funds for internationalization.
GRANITO, whose core business consists of assisting companies when expanding their business abroad, has been selected as one of the key managers able to provide services which are funded by the so called "vouchers for internationalization", a traditional funding measure issued by Italian...
03
Sep
Portugal's footwear manufacturing sector expects to invest some €160 million between now and 2020 and aims to obtain "formal public recognition" as an industrial cluster, the leather and footwear sector association APICCAPS announced on Tuesday.
According to the group, the planned investments with European Union help are to be channeled above all into innovation, with €50 million above all going to explore new techniques, technologies and materials; internationalization, with €70 million; and training, with €36 million.
Over the next decade the...
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