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  • WASHINGTON— U.S. home prices increased at a faster clip in November, the gains fueled by solid hiring growth, historically low mortgage rates and a shortage of houses on the market. Four metro areas— Dallas, Denver, San Francisco and Portland Oregon— have either matched or eclipsed their all-time highs. Sales of existing homes rose 6.5 percent over the past year to...

  • NEW YORK, Jan 26- Annualized U.S. single-family home prices rose more than expected in November and at the fastest pace in 16 months, a closely watched survey showed on Tuesday. Home prices in three U.S. cities, Dallas, Denver and Portland, Oregon, are now at record levels, the survey showed. San Francisco matched its previous peak and Charlotte, North Carolina, is less...

  • Janus beats Street 4Q forecasts Tuesday, 26 Jan 2016 | 7:17 AM ET

    DENVER _ Janus Capital Group Inc. on Tuesday reported fourth-quarter net income of $46.6 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. Three analysts surveyed by Zacks expected $267.6 million.

  • LOS ANGELES— Hilton is launching a new hotel brand, focusing on budget travelers looking to spend $90 to $100 a night. The new brand, named Tru, aims to compete with economy and midscale chains like Comfort Inn, Fairfield Inn and La Quinta. Hilton Worldwide— which has more than 4,500 hotels globally— already has "limited service" brands like Hilton Garden Inn, Hampton...

  • The S&P 500 has already fallen as much as 9 percent this year, with stocks battered by concerns over China's slowing economy, plunging oil prices and Fed Vice Chairman Stanley Fischer's comments that he expected about four rate hikes this year. But investors expect the Fed may soften its tone on interest rates when it concludes a two-day meeting on Wednesday,...

  • Jan 7- Joseph Nacchio, the former Qwest Communications International chief executive, on Thursday won a $14.2 million jury verdict against a Goldman Sachs Group Inc unit and financial adviser over the sale of life insurance policies, his law firm said. Nacchio and his wife accused Goldman's Ayco financial planning unit and their former adviser David...

  • Jan 7- Joseph Nacchio, the former Qwest Communications International chief executive, has won a $14.2 million jury verdict against a Goldman Sachs Group Inc unit and financial adviser over the sale of life insurance policies, his law firm said on Thursday. Nacchio and his wife said Goldman's Ayco financial planning unit and their former adviser David...

  • *Says norovirus contamination in California being probed. Jan 6- Chipotle Mexican Grill Inc, under scrutiny for months over outbreaks of foodborne illness across several U.S. states, said on Wednesday it was served with a grand jury subpoena in a federal criminal probe linked to a norovirus case in California last year. Maxim Group analyst Stephen Anderson said...

  • The conventional wisdom is that "strippers" would be the first to fold in the face of oil's slide below $40 given their tiny size- some may pump as little as few hundred dollars' worth of oil a day- limited access to capital and high costs compared with bigger, more efficient shale producers. "The small operators of the stripper wells are pretty resilient," says Mike...

  • YOUR MONEY-Predictions for the 2016 housing market Monday, 28 Dec 2015 | 9:00 AM ET

    No housing expert has a crystal ball, but Svenja Gudell, recently appointed chief economist for the housing site Zillow.com, has looked at enough data to make a pretty good guess. A: Next year, the combination of unemployment, population growth and the home value growth will make markets like Boise, Idaho, Salt Lake City, Utah, and Omaha, Nebraska, stand out.

  • NEW YORK, Dec 24- As 2015 draws to a close next week, the fortunes of the last few trading days of the year may be dictated by the direction of the financial sector. The financials have risen more than 6 percent this quarter, with investors expecting the sector to be one of the main beneficiaries of the first interest rate hike by the U.S. "That trade, the oil-financials, it...

  • *Wall Street drops after Fed rate hike as energy sector weighs. NEW YORK, Dec 17- Wall Street led global equity markets lower on Thursday a day after the U.S. "We are seeing some weakness but we are not seeing that hyperbolic fear that we have seen really inform the entire equity trading narrative as a result of crude's collapse," said Peter Kenny, equity market...

  • Chipotle shares slide in wake of E.coli fears Monday, 7 Dec 2015 | 5:30 PM ET

    Chipotle shares continued falling as the company faces its first decline in a key sales figure after an outbreak of E. coli.

  • BRUSSELS, Dec 3- Anheuser-Busch InBev is looking to sell SABMiller's Grolsch and Peroni brands in a bid to address potential concerns among European competition regulators over its planned acquisition of the world's second largest brewer. The sale of the brands and their related businesses in Italy, the Netherlands and Britain would be conditional on AB...

  • *Middle East investors to pour $18- 20 bln into global real estate- CBRE. NEW YORK, Dec 2- The boarded-up building sat vacant on a tattered block in San Francisco until a small New York developer and a Kuwaiti real estate partner snapped it up in April 2014, attracted by the proximity to Twitter Inc and other tech companies. Over the next year and a half, New York's Synapse...

  • WILLIAMSPORT, Pa., Dec 2- The drilling rigs are gone from the hills surrounding this Pennsylvania town of 30,000. The hotels and bars are quieter too, no longer packed with the workers who flocked in their thousands to America's newest and biggest gas field. Preliminary figures provided by DrillingInfo, which monitors rig activity, showed drilling permits...

  • Denver's new $580M Westin airport hotel Friday, 27 Nov 2015 | 6:00 AM ET
    Denver's new $580M Westin airport hotel

    The 519-room Westin at Denver International is now open, joining other travel hubs in the airport hotel trend.

  • Denver's $580M bet to make you love its airport Thursday, 26 Nov 2015 | 3:00 PM ET
    Denver International Airport opens a Westin Hotel.

    Denver joins the ranks of airports that can either send travelers to their destinations, or put them up for the night in style.

  • INTERVIEW-Tegna CEO looks to rejuvenate local TV Wednesday, 25 Nov 2015 | 12:12 PM ET

    Nov 25- Tegna Inc, the broadcast and digital company that split from Gannett Co Inc earlier this year, has assembled a group of employees to make local broadcast television, including news, more interesting to a younger audience. The McLean, Virginia- based company is also trying to create more original programming and discussing ways to better integrate its...

  • NEW YORK, Nov 23- For years, Madeleine Smithberg has been at the forefront of American comedy as co-creator of "The Daily Show" and a talent coordinator for "Late Show with David Letterman." "It's heartbreaking," says Smithberg, 56, who heads a production company in Los Angeles. " "It's like having toddlers," says Smithberg, whose father passed away in 2014 after she moved her...