*Battery-swap system to require $50- $100 mln investment. SAN FRANCISCO, June 18- Tesla Motor Inc is marshalling lawyers across the country to prepare for a "multi-front war" against local laws that risk stalling the electric vehicle maker's plan to bypass dealerships and sell directly to consumers.» Read More
Rising stocks, an improving economy and the 2013 tax hikes have driven prices up for mountain homes in the West after a four-year drought.
Bass, speaking at a forum last week at the University of Chicago's Booth School of Business, detailed how he has been making large bets with banks, at very cheap prices, which will only pay off if Japan's creditworthiness disintegrates disastrously within a year of when the wagers were made.
WASHINGTON, March 12- President Barack Obama appears to be nearing a decision on nominations for three top economic and trade positions, the president of the U.S. Export-Import Bank said on Tuesday. "From what I understand, the White House is finalizing its economic and trade team," Ex-Im President Fred Hochberg said in an interview.
WASHINGTON, March 12- President Barack Obama appears to be nearing a decision on nominations for three top economic and trade positions, the president of the U.S. Export-Import Bank said on Tuesday.
The collectibles market grew by 175 percent over the past 10 years – a far better record than U.S. stocks. The biggest surprise? Coins.
MEXICO CITY, March 11- Mexico's government on Monday threatened the country's telecommunications giants with forced asset sales, unveiling a plan to loosen billionaire Carlos Slim's hold on the telephone market and curb broadcaster Televisa's dominance of the airwaves.
March 11- Dell Inc has agreed to give Carl Icahn a closer look at its books, less than a week after the activist investor joined a growing chorus of opposition to founder Michael Dell's plan to take the world's No. 3 personal computer maker private.
*America Movil shares down 2.65 pct; Televisa shares down 1.58 pct. MEXICO CITY, March 11- Mexico's government on Monday presented a reform bill that aims to loosen billionaire Carlos Slim's hold on the telecommunications market and curb top broadcaster Televisa's rule of the airwaves, according to a draft copy of the document.
MEXICO CITY, March 11- Mexico's government on Monday presented a bill to reform the country's telecom law. The bill, announced at a news conference, is expected to loosen billionaire Carlos Slim's hold on the telecommunications market and curb top broadcaster Televisa's rule of the airwaves. Details of the proposed reform were not immediately available.
When it comes to philanthropy, wealthy Americans lead the world, but a new survey suggests they could give more.
Amelia Island's classic car auctions brought less than last year, but Ferrari prices, a closely watched telltale, easily matched expectations.
*Fitch cuts Italy credit rating after election impasse. *Dell, Icahn enter into confidentiality agreement. NEW YORK, March 11- Wall Street edged lower on Monday as investors paused after Italy's credit downgrade and disappointing Chinese economic data after last week's rally that took the Dow to record highs.
*Fitch cuts Italy credit rating after election impasse. *Dell, Icahn enter into confidentiality agreement. NEW YORK, March 11- Wall Street was set for a flat to slightly lower open on Monday as a credit downgrade of Italy and disappointing data from China curbed investors' enthusiasm.
The appointment of Sergei Chemezov follows a government-backed deal in December to end a long-running power struggle between Norilsk's main owners- billionaire Vladimir Potanin and aluminium tycoon Oleg Deripaska.
*Fitch cuts Italy credit rating after election impasse. NEW YORK, March 11- U.S. stock index futures edged lower on Monday following last week's strong rally as Italy's credit downgrade and mixed data from China curbed investors' appetite for risky assets.
Data from China's National Bureau of Statistics showed the consumer price index rose 3.2 percent in February from a year ago, versus expectations of a 3.0 percent rise, while annual industrial production growth in January and February combined at 9.9 percent was the lowest since October 2012- the starting point of China's nascent economic recovery.
MIAMI, March 10- Argentine developer Jose Luis Melo watched as Miami's real estate market reeled from the U.S. housing crash and thousands of the city's condominiums sat unsold-- and decided it was time to build. It was late 2010 and Melo, who runs the Melo Group real estate company with his two sons, bought a $1.4 million parcel of land near downtown Miami.
Dinan, who heads York Capital Management which manages $15.1 billion, this week told an audience at a Morgan Stanley investing conference in New York that the firm is shorting JC Penney's debt, effectively taking a dim view of its future. Ackman has become a big JC Penney cheerleader since his firm started buying the stock in 2010..
With the average price of collectible Ferraris up more than 70 percent, this weekend's auction of vintage GT and GTOs is drawing attention.
HONG KONG, March 8- The two billionaire co-chairmen of property goliath Sun Hung Kai Properties and a former senior government official pleaded not guilty on Friday to involvement in one of Hong Kong's biggest corruption cases.