Citadel CEO Ken Griffin called New York City Mayor Zohran Mamdani’s viral video—which singled out Griffin and his Manhattan penthouse while announcing a new tax—a “personal attack” and a “profound lack of judgment.”

On April 15, Mamdani posted a video spotlighting Griffin’s property to announce a new pied-à-terre tax. The move prompted the hedge fund CEO to threaten to pull a $6 billion development project from the city. 

The video features Mamdani, who has promised to levy higher taxes on wealthy New Yorkers, standing on a street just outside Griffin’s 24,000-square-foot property. Griffin purchased the home in 2019 for $238 million, marking the most expensive home sale in U.S. history.

MAMDANI OFFICIAL CEA WEAVER SAYS SHE REGRETS ‘SOME’ OF HER PAST STATEMENTS AFTER CONTROVERSIAL POSTS RESURFACE

Citadel Founder and CEO Ken Griffin called New York City Mayor Zohran Mamdani’s viral video singling out his Manhattan penthouse while announcing a new tax a “personal attack” and a “profound lack of judgment.” (Denis Balibouse / Reuters)

“This is an annual fee on luxury properties worth more than $5 million, whose owners do not live full-time in the city. Like for this penthouse, which hedge fund CEO Ken Griffin bought for $238 million,” Mamdani said in the video.

Speaking at the Norges Bank Investment Management 2026 Investment Conference in Oslo, Griffin questioned the “demonizing” of business leaders.

“What upset me was the personal attack,” Griffin said. “Like, you were at the White House Correspondents’ Dinner on Saturday where they tried to assassinate the president. Not too far from where I live in New York is where they assassinated the CEO of UnitedHealthcare.”

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New York Mayor Zohran Mamdani speaks during a press conference at Staten Island University Hospital Community Park on April 27, 2026, in New York City. Mayor Mamdani was joined by Gov. Kathy Hochul, government officials and members of the New York Ne (Michael M. Santiago / Getty Images)

“So I think the willingness of the mayor of New York to make this policy debate a personal attack just demonstrated a profound lack of judgment,” he added. “I understand that New York has bills to pay.”

Following the video, Griffin—who primarily resides in Florida—signaled that he might cancel his latest project in Midtown Manhattan. He is currently slated to meet with New York Gov. Kathy Hochul to discuss the “future direction of New York.”

“Here’s the real question: is New York going to put their fiscal house in order and run itself from a position of a strong government that is pro-business, or are they looking to play … why do the Americans think we can do socialism?” he asked. “We have none of that in our DNA and we are just going to screw it up.”

FOX Business has reached out to Mamdani’s office for comment.

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Earlier this year, Hochul attempted to tax wealthy New Yorkers leaving the state.

She has since pleaded with them to return amid concerns over the state’s shrinking tax base. Recently, she introduced a tax proposal specifically targeting high-priced second homes in New York City.

My first thought is that I just don’t believe President Trump will accept any of these Iranian offers that might open up the Strait of Hormuz, but not end Tehran’s nuclear capabilities or even the regime’s nuclear ambitions. Iran’s hanging on by a thread. Everybody knows that. No oil, no money.

The economic blockade is killing them. Their oil infrastructure may be forced to shut down from storage limits in the next couple of weeks. There’s a shortage of gasoline. Reportedly there’s triple-digit inflation. Their currency is worthless. This is the stuff of revolution, not negotiation.

Our military attacks have destroyed probably 80 percent or 85 percent of their defense and industrial infrastructure, including their nuclear capabilities. It may take a bit longer, but my expectation is that we’re headed for additional military combat along with the economic embargo to finish the job and end the war.

Working with our Israeli allies, the so-called new leadership of the Islamic Revolutionary Guard Corps is not long for this world. Iranians may love to string us along. Yet Mr. Trump is not President Biden or President Obama, he will not permit endless phony negotiations.

And I continue to believe there should be unconditional surrender. And the only agreement would be whosoever left in the so-called Iranian leadership will take dictation from Mr. Trump regarding a complete end to nuclear facilities, a transfer of enriched uranium from Iran to America — all under the supervision and verification of our top scientists in the Energy Department.

Laying down their arms, opening up the Strait of Hormuz, stopping any state sponsored terrorism, be it direct or through proxies, et cetera, et cetera. That’s the deal. Unconditional dictation.

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The Federal Communications Commission is seeking an early review of Disney’s broadcast station licenses following concerns around the company’s diversity, equity and inclusion efforts, according to a letter from FCC Chairman Brendan Carr Tuesday.

The letter orders the company to file for early renewal for ABC-owned television stations and notes the action is related to an investigation into Disney’s DEI efforts, which began last year.

ABC-owned station licenses were originally up for renewal between 2028 and 2031.

Disney confirmed on Tuesday that it received the FCC’s order initiating an accelerated review of its licenses. The FCC said in the letter that Disney now has 30 days — or until May 28 — to file for the renewals.

“ABC and its stations have a long record of operating in full compliance with FCC rules and serving their local communities with trusted news, emergency information, and public‑interest programming,” Disney said in a statement. “We are confident that record demonstrates our continued qualifications as licensees under the Communications Act and the First Amendment and are prepared to show that through the appropriate legal channels. Our focus remains, as always, on serving viewers in the local communities where our stations operate.” 

The FCC’s move to require early renewals from Disney comes as ABC faces renewed backlash from President Donald Trump this week following comments made by comedian Jimmy Kimmel in an opening monologue for his late night TV show that airs on ABC’s network.

Trump revived his push for ABC to take Kimmel off the air after the host of “Jimmy Kimmel Live!” referred to First Lady Melania Trump as an “expectant widow” during the show last week, days ahead of an alleged assassination attempt at the White House Correspondents’ Dinner.

However, the FCC, the federal entity that regulates the media and telecommunications industry, began investigating Disney’s stations last March for possible violations of the Communications Act of 1934 and the FCC’s rules regarding its prohibition on unlawful discrimination.

Since beginning its investigation, the FCC said that “Disney’s ABC has purported to respond” to two inquiries. Still, the agency said that it has determined further action was “appropriate.”

The order lists eight stations subject to the early renewal — three in California, as well as others in Illinois, New York, Texas, North Carolina and Pennsylvania — all of which are owned and operated by Disney. The call for early renewal does not affect Disney’s affiliates, which are operated by broadcast station owners like Nexstar Media Group.

Disney is not the only media company subject to an investigation surrounding its DEI efforts.

Under Carr, who was appointed by Trump, the FCC also began investigations last year into Comcast, the owner of NBCUniversal, as well as Paramount, prior to its merger with Skydance.

Following reports earlier Tuesday of the FCC’s intention to review ABC’s licenses early, FCC Commissioner Anna Gomez called the move “unprecedented, unlawful, and going nowhere,” in a post on X, adding that “this political stunt won’t stick. Companies should challenge it head-on. The First Amendment is on their side.”

First Amendment experts began to weigh in on the FCC’s latest move on Tuesday, raising similar points as to when “Jimmy Kimmel Live!” was temporarily suspended in September following comments the host made after the killing of conservative activist Charlie Kirk.

At the time, Carr had suggested broadcast station licenses could be revoked in response.

“The FCC has no authority to cancel broadcasters’ licenses because of their perceived political views. But this isn’t just about the rights of Disney and ABC,” said Jameel Jaffer, executive director at the Knight First Amendment Institute at Columbia University in an emailed statement.

“President Trump is trying to consolidate control over what Americans see and hear on the radio, television, and social media. If he gets his way, we’ll have only government-aligned media organizations that broadcast only government-approved news and commentary. It would be difficult to imagine an outcome more corrosive to democracy or more offensive to the First Amendment,” Jaffer said.

NEW YORK — Coca-Cola Co. shares climbed sharply Tuesday after the beverage giant reported a solid first-quarter 2026 earnings beat and raised its full-year guidance, reinforcing its status as a defensive powerhouse and prompting many Wall Street analysts to maintain or upgrade their positive outlooks for the remainder of the year.

The stock rose more than 6% to around $80 in morning trading on April 28 following the results. Coca-Cola posted adjusted earnings per share of 86 cents, beating estimates of 81 cents, while revenue reached $12.47 billion, topping forecasts. The company lifted its 2026 comparable EPS growth outlook to 8-9% from a prior 7-8% range, signaling confidence amid pricing power and resilient global demand.

Most analysts recommend buying Coca-Cola stock in 2026. Consensus among 15-27 covering firms stands at Strong Buy, with an average 12-month price target near $85 — implying roughly 6-10% upside from current levels. High targets reach $90, while the low sits around $80. UBS, Jefferies and others recently hiked targets into the upper $80s to $90 range.

Bull Case: Stability, Growth and Dividend Appeal Coca-Cola continues to demonstrate pricing discipline and portfolio strength. Higher-margin zero-sugar and premium beverages drive growth as consumers trade up. Emerging markets, particularly in Asia and Latin America, provide long-term tailwinds from rising middle-class consumption. The company’s diversified portfolio across sparkling drinks, water, sports beverages and coffee helps weather category-specific slowdowns.

The 3%+ dividend yield, backed by a conservative payout ratio, makes KO attractive for income investors. Free cash flow remains robust, supporting both dividends and potential share repurchases. Analysts highlight Coca-Cola’s “all-weather” strategy — consistent execution regardless of economic conditions — as a key reason for its defensive appeal.

Valuation models project targets around $86, implying solid annualized returns when including dividends. With organic revenue guidance of 4-5% and improving margins, the stock appears fairly valued rather than expensive for a high-quality compounder.

Risks and Bear Case Considerations Not everyone sees unlimited upside. Some models forecast more modest growth, with concerns over input costs, foreign exchange volatility and shifting consumer preferences toward healthier or lower-sugar options. Geopolitical tensions, including potential tariff impacts, could pressure margins if commodity prices spike.

At current levels, the forward price-to-earnings multiple sits above historical averages, leaving limited room for error. If volume growth slows or pricing power weakens, the stock could face near-term pressure. A few cautious voices note that much of the company’s quality is already priced in.

Investment Outlook for 2026 Most strategists lean toward buying Coca-Cola on dips or holding existing positions. The combination of reliable earnings, global scale and dividend growth supports a favorable risk-reward profile for long-term investors. Short-term traders may find opportunities around earnings volatility or macroeconomic shifts.

Coca-Cola’s ability to navigate 2026 will hinge on sustained pricing execution, innovation in better-for-you beverages and successful expansion in high-growth regions. With the Q1 beat and raised guidance, momentum appears positive heading into the critical summer season.

For conservative portfolios seeking stability and income, Coca-Cola remains a core holding. Growth-oriented investors may prefer higher-upside sectors, but the stock’s defensive characteristics provide ballast during uncertain times. Overall, the consensus leans clearly toward buy for 2026.

Investors should conduct their own due diligence, consider individual risk tolerance and consult financial advisors. Past performance does not guarantee future results, and stock prices can fluctuate significantly. Coca-Cola’s track record of adaptation and brand strength, however, positions it well for continued success in the evolving beverage landscape.

As temperatures rise, fashion shifts toward lighter fabrics, fluid silhouettes, and a sense of ease.

This season, designer dresses embrace modern femininity through movement, color, and understated elegance.

The Shift Toward Effortless Design

Spring/Summer fashion focuses on simplicity and comfort without compromising on style.

Key characteristics include:

• Relaxed silhouettes
• Breathable fabrics
• Soft, flowing shapes

These elements create a look that feels natural and refined.

Light Fabrics and Movement

Fabric choice is central to warm-weather dressing. Lightweight materials enhance comfort while allowing for graceful movement.

Popular options include:

• Linen for breathability
• Silk for a soft, luxurious feel
• Cotton blends for everyday versatility

Movement becomes part of the design, adding life to each piece.

Seasonal Colors and Prints

Spring/Summer introduces a lighter, more vibrant palette.

Expect:

• Soft pastels
• Neutral tones with subtle warmth
• Delicate prints that add personality without overwhelming

Color plays a key role in creating a fresh, seasonal look.

Styling for Day and Evening

Warm-weather dressing allows for seamless transitions between day and evening.

During the day, pair dresses with minimal accessories and flat sandals. For evening, elevate the look with refined jewelry and elegant footwear.

The focus remains on simplicity and balance.

The Role of Accessories

Accessories in Spring/Summer are often understated but impactful.

Think:

• Lightweight scarves
• Structured handbags
• Subtle gold or silver jewelry

These elements enhance the outfit without overpowering it.

Why Spring/Summer Fashion Feels Refreshing

The shift toward lighter fabrics and softer silhouettes creates a sense of renewal. It allows for experimentation while maintaining elegance.

This season is about embracing ease and confidence.

Final Thoughts

Luxury in Spring/Summer is defined by effortlessness. It’s about choosing pieces that feel as good as they look.

Designer dresses this season reflect a modern approach to femininity one that values comfort, movement, and timeless style.