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Wells Fargo loses bid to end Philadelphia predatory lending lawsuit
News 1 day ago
Wells Fargo loses bid to end Philadelphia predatory lending lawsuit

(Reuters)- A federal judge in Philadelphia on Tuesday rejected Wells Fargo & Co’s bid to dismiss that city’s lawsuit accusing the largest U.S....

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Two Singapore Airbnb hosts to plead guilty to illegal letting charges: lawyer
News 1 day ago
Two Singapore Airbnb hosts to plead guilty to illegal letting charges: lawyer

SINGAPORE (Reuters)- Two Airbnb hosts charged in Singapore with unauthorized short-term letting of four apartments are expected to plead guilty...

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HNA wins loan deadline extension to proceed with Hong Kong property project
News 2 days ago
HNA wins loan deadline extension to proceed with Hong Kong property project

HONG KONG (Reuters)- Chinese conglomerate HNA Group’s [HNAIR.UL] Hong Kong International Investment unit has negotiated a six-month deadline...

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Wal-Mart's Sam's Club to shut some stores after review
News 6 days ago
Wal-Mart's Sam's Club to shut some stores after review

(Reuters)- Sam’s Club, a unit of Wal-Mart Stores Inc (WMT.N), said it had closed a series of stores following a review, the membership-only store...

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Wal-Mart's Sam's Club to shut stores after 'review'
News 6 days ago
Wal-Mart's Sam's Club to shut stores after 'review'

(Reuters)- Sam’s Club, a unit of Wal-Mart Stores Inc (WMT.N), closed a series of stores following a review, the membership-only store chain said in...

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Exclusive: Saudi state taking control of Binladin construction giant- sources
News 6 days ago
Exclusive: Saudi state taking control of Binladin construction giant- sources

RIYADH/DUBAI (Reuters)- Saudi Arabia is taking managerial control of Saudi Binladin Group and discussing a possible transfer of some of the giant...

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Kohl's plans to lease unused store space to grocers, convenience stores
News 1 week ago
Kohl's plans to lease unused store space to grocers, convenience stores

(Reuters)- Kohl’s Corp (KSS.N) plans to lease space left vacant after shrinking some of its stores to retailers such as grocery stores or...

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Kohl's plans to lease unused store space to grocers, convenience stores- CNBC
News 1 week ago
Kohl's plans to lease unused store space to grocers, convenience stores- CNBC

(Reuters)- Kohl’s Corp (KSS.N) plans to lease space left vacant after shrinking some of its stores to retailers such as grocery stores or...

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Real estate investing startup Cadre partners with Goldman Sachs
News 1 week ago
Real estate investing startup Cadre partners with Goldman Sachs

NEW YORK (Reuters)- New York-based real estate investment company Cadre has partnered with Goldman Sachs Group Inc (GS.N) to allow the bank’s...

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Target lifts profit forecast after holiday sales jump
News 1 week ago
Target lifts profit forecast after holiday sales jump

(Reuters)- Target Corp (TGT.N) reported strong same-store sales for November and December on Tuesday, more customer visits and higher online sales,...

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Sears Holdings to close 103 Kmart and Sears stores
News 1 week ago
Sears Holdings to close 103 Kmart and Sears stores

CHICAGO (Reuters)- Sears Holdings Corp (SHLD.O) said on Thursday it was shuttering 103 unprofitable Kmart and Sears stores as it continues to...

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Airbnb says court dismisses Aimco lawsuit
News 2 weeks ago
Airbnb says court dismisses Aimco lawsuit

(Reuters)- Airbnb said a U.S district court dismissed a lawsuit by Apartment Investment & Management Co that claimed the short-term rental website...

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Trump wants Postal Service to charge 'much more' for Amazon shipments
News 2 weeks ago
Trump wants Postal Service to charge 'much more' for Amazon shipments

WASHINGTON/SEATTLE (Reuters)- President Donald Trump called on the U.S. Postal Service on Friday to charge “much more” to ship packages for Amazon ...

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Exclusive: Apple and Amazon in talks to set up in Saudi Arabia- sources
News 2 weeks ago
Exclusive: Apple and Amazon in talks to set up in Saudi Arabia- sources

RIYADH (Reuters)- Apple and Amazon are in licensing discussions with Riyadh on investing in Saudi Arabia, two sources told Reuters, part of Crown...

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U.S. holiday sales set to break records in surprise boon to retail
News 3 weeks ago
U.S. holiday sales set to break records in surprise boon to retail

SEATTLE/CHICAGO (Reuters)- The U.S. holiday shopping season is on track to break sales records on the back of surging consumer confidence and...

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As online shopping grows, UPS sees record holiday package returns
News 3 weeks ago
As online shopping grows, UPS sees record holiday package returns

SEATTLE (Reuters)- United Parcel Service Inc (UPS.N) is on track to return a record number of packages this holiday shipping season, a sign that e...

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UPS says holiday season package returns to hit a new record
News 3 weeks ago
UPS says holiday season package returns to hit a new record

SEATTLE (Reuters)- United Parcel Service Inc said on Wednesday it was on track to return a record number of packages following this year’s bumper...

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Pending home sales edge higher in November
News 3 weeks ago
Pending home sales edge higher in November

WASHINGTON (Reuters)- Contracts to buy previously owned homes edged higher in November, boosted by job growth across a strengthening economy. The...

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U.S. department store stocks jump on holiday spending record
News 3 weeks ago
U.S. department store stocks jump on holiday spending record

CHICAGO (Reuters)- Shares of U.S. department stores jumped on Tuesday as Mastercard Inc (MA.N) said shoppers spent over $800 billion during the...

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Republican tax plan to dent U.S. home sales next year
News 3 weeks ago
Republican tax plan to dent U.S. home sales next year

(Reuters)- U.S. home sales will likely take a hit next year as middle-class Americans receive fewer perks under an overhaul of U.S. taxes and face...

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Toys 'R' Us plans new playdate with U.S. shoppers
News 3 weeks ago
Toys 'R' Us plans new playdate with U.S. shoppers

WALLKILL, NEW YORK (Reuters)- Joshua and Amy Hightower drive 40 minutes to a Toys “R” Us Inc store in a blue collar neighborhood in Wallkill, one...

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Amazon's allure may be tough to top this holiday: poll
News 4 weeks ago
Amazon's allure may be tough to top this holiday: poll

CHICAGO/NEW YORK (Reuters)- More U.S. online shoppers plan to give Amazon.com Inc (AMZN.O) the bulk of their holiday business this year than in...

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Blackstone buys Taliesin Property Fund in 260 million euro deal
News 4 weeks ago
Blackstone buys Taliesin Property Fund in 260 million euro deal

LONDON (Reuters)- U.S. investment firm Blackstone (BX.N) said on Wednesday it had clinched an all cash deal to buy real estate specialist Taliesin...

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Buwog agrees to be taken over by Vonovia in $6.1 billion deal
News 1 month ago
Buwog agrees to be taken over by Vonovia in $6.1 billion deal

FRANKFURT (Reuters)- Germany’s Vonovia (VNAn.DE) has agreed to buy Buwog (BWOA.VI) in a cash deal valuing the Austrian real estate company at 5.2...

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To thwart Amazon, Kroger and Walmart lure shoppers with curbside pickup
News 1 month ago
To thwart Amazon, Kroger and Walmart lure shoppers with curbside pickup

LOS ANGELES (Reuters)- As Amazon.com looks to upend the U.S. grocery market with home delivery, some veteran supermarket operators are betting on a...

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Pier 1 Imports slumps 30 percent; holiday optimism disappears
News 1 month ago
Pier 1 Imports slumps 30 percent; holiday optimism disappears

SAN FRANCISCO (Reuters)- Pier 1 Imports Inc’s (PIR.N) stock lost nearly a third of its value on Thursday and its main competitors’ shares also fell...

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Want cheaper British car insurance? Mind how you shop
News 1 month ago
Want cheaper British car insurance? Mind how you shop

LONDON (Reuters)- Ever wondered what your shopping habits say about your driving? Britain’s big supermarkets have. The two biggest, Tesco (TSCO.L)...

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Westfield $16 billion Unibail-Rodamco sale rings the bell on retail's next chapter
News 1 month ago
Westfield $16 billion Unibail-Rodamco sale rings the bell on retail's next chapter

SYDNEY/MELBOURNE (Reuters)- For investors in Australia’s Westfield Corp (WFD.AX), its $16 billion sale to European property giant Unibail-Rodamco...

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Manhattan luxury condo sales skew apartment prices: survey
News 1 month ago
Manhattan luxury condo sales skew apartment prices: survey

NEW YORK (Reuters)- A boom in newly built luxury apartments in Manhattan has skewed prices for the overall residential real estate market in the...

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Europe's Unibail-Rodamco bids $16 billion for Westfield in global shift
News 1 month ago
Europe's Unibail-Rodamco bids $16 billion for Westfield in global shift

SYDNEY/MELBOURNE (Reuters)- Unibail-Rodamco, Europe’s biggest property group, has agreed to buy shopping mall owner Westfield Corp (WFD.AX) for $16...

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