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Citi to Move 1,200 Workers in Tokyo Office Shift
News 15 hours ago
Citi to Move 1,200 Workers in Tokyo Office Shift
Source Bloomberg

Start your day with what's moving markets in Asia. Sign up here to receive our newsletter. Citigroup Inc. will move its Japan headquarters and...

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Icahn Quits White House Role After Conflict-of-Interest Questions
News 2 days ago
Icahn Quits White House Role After Conflict-of-Interest Questions
Source Bloomberg

Billionaire investor Carl Icahn has ended his role as a special regulatory adviser to President Donald Trump after questions were raised about...

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Chinese Pullback Won't Dent Real Estate Prices, Brookfield Says
News 3 days ago
Chinese Pullback Won't Dent Real Estate Prices, Brookfield Says
Source Bloomberg

Commercial real estate prices, hovering at record highs in the U.S. following a six-year boom, are sustainable even as Chinese regulators tighten...

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To Sell an $80 Million House, Its Owners Raise the Price
News 4 days ago
To Sell an $80 Million House, Its Owners Raise the Price
Source Bloomberg

In early 2008, Albert Elkouby bought a 1.54-acre piece of land on the corner of a main thoroughfare in Beverly Hills for $18 million and set about...

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Madrid's Crane Forest Shows the Good Times Are Back
News 5 days ago
Madrid's Crane Forest Shows the Good Times Are Back
Source Bloomberg

Spain's long-suffering property market is staging a comeback; just count the cranes towering over Madrid. Real estate service firm CBRE Group Inc....

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Maker of ‘iTrump’ Trumpet App Silences Trump in Trademark Fight
News 6 days ago
Maker of ‘iTrump’ Trumpet App Silences Trump in Trademark Fight
Source Bloomberg

The owner of Trump Tower, Trump Golf Links, and The Donald J. Trump Signature Collection can't claim this one as his own: iTrump. That's because...

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Berkshire Reports Synchrony Stake While Exiting Former Parent GE
News 6 days ago
Berkshire Reports Synchrony Stake While Exiting Former Parent GE
Source Bloomberg

Warren Buffett has long preached the importance of investing in businesses that are hard for competitors to copy. That may be part of why his...

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Trump Adviser Schwarzman Condemns Hatred After Virginia Violence
News 6 days ago
Trump Adviser Schwarzman Condemns Hatred After Virginia Violence
Source Bloomberg

Blackstone Group LP's Steve Schwarzman, who leads one of President Donald Trump's business advisory forums, called for efforts to "heal" wounds and...

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The Bronx May be New York’s Next Hot Market (Podcast)
News 6 days ago
The Bronx May be New York’s Next Hot Market (Podcast)
Source Bloomberg

Diane Ramirez, Chairman and CEO at Halstead Real Estate, tells Bloomberg Radio’s Denise Pellegrini demand for certain neighborhoods in the Bronx is...

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Virginia Is a Multicultural Success Story
News 6 days ago
Virginia Is a Multicultural Success Story
Source Bloomberg

The alt-right and neo-Nazi protesters seem to have chosen Charlottesville, Virginia, as a gathering point this past weekend because of the...

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China's Property Slowdown Means Peak of Growth Cycle Has Passed
News 1 week ago
China's Property Slowdown Means Peak of Growth Cycle Has Passed
Source Bloomberg

China's economy hit a mid-year speed bump last month as factory output, investment and consumption slowed. While there were multiple reasons-- from...

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Chris Rock Takes Aim at Trump's Charlottesville Response
News 1 week ago
Chris Rock Takes Aim at Trump's Charlottesville Response
Source Bloomberg

Chris Rock, without wasting a second, took direct aim at Donald Trump's condemnation of "bigotry and violence on many sides." Rashida Jones...

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Real Estate Billionaires Form Rental Giant in Shifting Industry
News 1 week ago
Real Estate Billionaires Form Rental Giant in Shifting Industry
Source Bloomberg

It was a simple phone call between two real estate billionaires that led to the formation of a behemoth in the house-rental industry. Property...

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With ‘Zombie’ Directors, It’s the Board of the Living Dead
News 1 week ago
With ‘Zombie’ Directors, It’s the Board of the Living Dead
Source Bloomberg

Nell Minow, an expert on corporate governance, calls them the zombie directors. They're board members who've failed to get a majority of...

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Nigeria's Economy May Have Expanded in Second Quarter, NBS Says
News 1 week ago
Nigeria's Economy May Have Expanded in Second Quarter, NBS Says
Source Bloomberg

Nigeria's economy probably expanded in the second quarter as factory and farming output improved, helping it recover from the first annual...

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Manhattan's Peak Leasing Season Whimpers
News 1 week ago
Manhattan's Peak Leasing Season Whimpers
Source Bloomberg

For Manhattan landlords, Christmas usually comes in July, a month when demand for apartments surges and rents go up. Not this year. Leasing costs...

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Charif Souki Expects Higher LNG Prices Globally in Two Years
News 1 week ago
Charif Souki Expects Higher LNG Prices Globally in Two Years
Source Bloomberg

Charif Souki, founder of Cheniere and chairman of Tellurian, discusses the LNG and potentially being sued by his former company. Burt Flickinger,...

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Nigeria Graft Agency Traced $615 Million to Ex-Oil Minister
News 1 week ago
Nigeria Graft Agency Traced $615 Million to Ex-Oil Minister
Source Bloomberg

Nigeria's anti-graft agency said it traced at least $615 million in allegedly illegally acquired cash and properties to the West Africa nation's...

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The Bloomberg Baystate Business Hour: Real Estate + Food Trucks
News 1 week ago
The Bloomberg Baystate Business Hour: Real Estate + Food Trucks
Source Bloomberg

Bloomberg Boston Bureau Chief Tom Moroney and Radio News Anchor Anne Mostue are joined by top names from local business and finance to medicine and...

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The Bloomberg Baystate Business Hour: Real Estate + Food Trucks
News 1 week ago
The Bloomberg Baystate Business Hour: Real Estate + Food Trucks
Source Bloomberg

Bloomberg Boston Bureau Chief Tom Moroney and Radio News Anchor Anne Mostue are joined by top names from local business and finance to medicine and...

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Tennessee Titans Owner Is Selling One-Third of Team
News 1 week ago
Tennessee Titans Owner Is Selling One-Third of Team
Source Bloomberg

One of the owners of the Tennessee Titans is selling her one-third stake in the National Football League franchise. Susie Adams Smith is selling...

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The Hotelier Who Reinvigorated a New York Neighborhood Heads to Vegas
News 1 week ago
The Hotelier Who Reinvigorated a New York Neighborhood Heads to Vegas
Source Bloomberg

Andrew Zobler ­developed a proficiency in patina early. "My grandmother was an antique dealer and also did interior design on the side for some of...

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Baby Boomers Who Won't Sell Are Dominating the Housing Market
News 1 week ago
Baby Boomers Who Won't Sell Are Dominating the Housing Market
Source Bloomberg

Jake Yanoviak is hunting for houses. On a weekday afternoon in North Philadelphia, the 23-year-old painter cruises along on his bike, its black...

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SNC Targets Canadian Projects as Trudeau’s Plan Gets Jump on Trump’s
News 1 week ago
SNC Targets Canadian Projects as Trudeau’s Plan Gets Jump on Trump’s
Source Bloomberg

Canada's biggest builder is keeping its focus at home even as U.S. President Donald Trump pledges to ramp up infrastructure spending next door. SNC...

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UBS Says Swiss Property Market Remains at Risk of Bubble: Chart
News 1 week ago
UBS Says Swiss Property Market Remains at Risk of Bubble: Chart
Source Bloomberg

Risks to the Swiss property market stayed elevated in the three months through June, according to UBS Group AG's quarterly index. While investment...

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Here Are All the Signs Investors Are Growing More Worried About Retail
News 1 week ago
Here Are All the Signs Investors Are Growing More Worried About Retail
Source Bloomberg

The latest U.S. jobs report laid bare some of the sobering tribulations faced by American retailers: they've shed jobs on an annual basis for the...

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Trump's Friend Tom Barrack Talks Gary Cohn and Polo in the Hamptons
News 1 week ago
Trump's Friend Tom Barrack Talks Gary Cohn and Polo in the Hamptons
Source Bloomberg

In the Hamptons on Sunday evening, Tom Barrack, the billionaire real estate investor and friend of President Donald Trump, weighed in on Gary Cohn...

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Trump Company Applies for Casino Trademark in Macau
News 2 weeks ago
Trump Company Applies for Casino Trademark in Macau
Source Bloomberg

Shanghai (AP)-- A Trump Organization company has applied for four new trademarks in the Asian gambling hub of Macau, including one for casinos,...

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Buffett Nears a Milestone He Doesn't Want: $100 Billion in Cash
News 2 weeks ago
Buffett Nears a Milestone He Doesn't Want: $100 Billion in Cash
Source Bloomberg

It's a milestone Warren Buffett probably wishes he weren't approaching. Berkshire Hathaway Inc., the conglomerate he's run for more than five...

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Buffett's Insurers Slump, Dragging Down Berkshire's Earnings
News 2 weeks ago
Buffett's Insurers Slump, Dragging Down Berkshire's Earnings
Source Bloomberg

Warren Buffett's Berkshire Hathaway Inc. is finding it hard to grind out higher profits this year, in large part because of slumping results at its...

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