Investors are jumping back into the real estate market and reaping big payoffs in distressed properties, home rentals and multi-apartment dwellings.» Read More
March 4- Caterpillar Inc's chief executive said on Tuesday several of the company's biggest markets, including China and North America, were strengthening modestly, but he warned that the global economy was largely fragile and sensitive to unexpected shocks like the crisis in Ukraine.
March 4- Warren Buffett is seeking to reassure shareholders about how his Berkshire Hathaway Inc will perform in the decades after he steps down or dies, but remains as vague as ever about succession plans. Jeff Immelt, the CEO at General Electric Co, has been unable to get his company's share price anywhere near the heights achieved by his predecessor Jack Welch.
The U.S. Supreme Court agreed to hear a case that could determine whether workers should be paid for time spent waiting for company security checks.
FRANKFURT, March 3- Carmakers are tapping smartphone technology to spruce up low-cost city cars and try to get an edge in a market that has grown to account for almost 10 percent of new car sales in austerity-scarred Europe.
HONG KONG, March 3- China's gambling hub Macau raked in a record $4.8 billion in gaming revenues for the month of February, far above analyst expectations, with strong spending from wealthy punters during and after a week-long national holiday.
HONG KONG, March 3- China's gambling hub Macau raked in 38 billion patacas in gaming revenues in February, boosted by strong spending from wealthy punters during and after a week-long national holiday.
NEW YORK, March 1- Berkshire Hathaway released its annual letter to shareholders on Saturday, written with Chief Executive Warren Buffett's usual combination of common-sense advice and belief in the power of investing. Following are highlights of the letter.
NEW YORK, March 1- Warren Buffett's Berkshire Hathaway Inc on Saturday signaled he plans to make more large acquisitions to expand a conglomerate that posted a record profit in 2013, helped by a recovering U.S. economy.
By 2018, the median price of single-family homes will be close to the peak reached in 2006 before the national market cratered, according to the study from the Demand Institute, a nonprofit think tank operated by The Conference Board and Nielsen.
TOKYO/ MACAU, Feb 26- Billionaire Sheldon Adelson is willing to bet $10 billion that his Las Vegas Sands will become the leader in casino gambling in Japan, an offer he says his competitors can't match.
TORONTO, Feb 25- Many of the small Canadian-listed mineral explorers that supply global major miners with new projects are considering merging with peers, according to a Reuters survey, but for most it may be tough to close deals.
BOSTON, Feb 20- Herbalife executives will meet with U.S. lawmakers' staffs in Washington on Friday to explain the business model of the nutrition company that has been fending off accusations by billionaire investor William Ackman that it is running a pyramid scheme.
NEW YORK, Feb 20- A man who served prison time for conning Hollywood stars and reputedly inspired Leonardo DiCaprio's performance in "The Wolf of Wall Street" was in federal court on Thursday facing charges that he used a friend's credit card to buy liquor, a plane ticket and food, according to court filings.
NEW YORK, Feb 20- A man who served prison time for conning Hollywood stars and reputedly inspired Leonardo DiCaprio's performance in "The Wolf of Wall Street" was in federal court on Thursday facing charges that he used someone else's credit card to buy liquor, a plane ticket and food, according to court filings.
The National Association of Home Builders said on Tuesday that builder confidence dropped 10 points between January and February, from 56 to 46, the largest drop since the survey began in 1985. Readings below 50 mean more builders view market conditions as poor than favorable.
Feb 18- Robocoin said on Tuesday that later this month it will install the first automated teller machines in the United States that let users buy and sell bitcoin, the latest step into the mainstream for the digital currency.
The letter was prompted by a Wall Street Journal investigation into a night-time sniper attack in April 2013 on the Metcalf substation in southern California which threatened to blackout power to thousands of homes.
Feb 14- Wells Fargo& Co, the largest U.S. mortgage lender, is tiptoeing back into subprime home loans again. The small steps from Wells Fargo could amount to a big change for the mortgage market.
IVANPAH DRY LAKE, Calif./ LOS ANGELES, Feb 13- One of the world's largest solar projects, which uses heat from the sun to generate power in California, opened on Thursday but may be the last of its kind in The Golden State.
TORONTO, Feb 13- Barrick Gold Corp, the world's largest gold miner, reported a big fourth-quarter loss on Thursday as it took a hefty impairment charge, cut its gold reserve estimate by 26 percent and said costs per ounce would likely rise this year. Dundee Capital Markets analyst Josh Wolfson said Barrick's shares have underperformed so far this year.