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Starbucks CEO Kevin Johnson Reins In Predecessor’s Ambitions
News 1 week ago
Starbucks CEO Kevin Johnson Reins In Predecessor’s Ambitions

Corp. Chief Executive Kevin Johnson is scaling down some of longtime leader Howard Schultz’s biggest initiatives as he seeks to revive sales in the...

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SoftBank Scraps $16 Billion Plan to Buy Most of WeWork
News 1 week ago
SoftBank Scraps $16 Billion Plan to Buy Most of WeWork

Corp. 9984 3.40% has scrapped a planned $16 billion investment in shared-office space provider WeWork Cos., opting instead for a smaller deal of...

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Edward Lampert Scrambles to Keep Sears Alive
News 1 week ago
Edward Lampert Scrambles to Keep Sears Alive

Edward Lampert, the billionaire who led Corp. SHLDQ -6.56% into bankruptcy, is running out of time in his last-ditch effort to keep the debilitated...

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World Bank President Resigns to Join Investment Firm
News 1 week ago
World Bank President Resigns to Join Investment Firm

World Bank President Jim Yong Kim plans to resign from the World Bank on Feb. 1 to join a firm focused on infrastructure investments, leaving the...

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How Furniture Retailer RH Pulled Off Its Surprising Turnaround
News 1 week ago
How Furniture Retailer RH Pulled Off Its Surprising Turnaround

Two years ago, RH, formerly known as RH 2.63% was in the dumps. The stock was down and short sellers were piling in. RH fought back, revamping its...

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Adam Levine Buys $32M Los Angeles Home
News 1 week ago
Adam Levine Buys $32M Los Angeles Home

The singer and TV host had made several real estate moves in California recently Adam Levine and Behati Prinsloo have just bought a new Los Angeles...

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Starbucks CEO Kevin Johnson Reins In Predecessor’s Ambitions
News 1 week ago
Starbucks CEO Kevin Johnson Reins In Predecessor’s Ambitions

Starbucks Corp. Chief Executive Kevin Johnson is scaling down some of founder Howard Schultz’s biggest initiatives as he seeks to revive sales in...

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Real-Estate Funds Fell 6.16% in 2018
News 1 week ago
Real-Estate Funds Fell 6.16% in 2018

Real-estate investment trusts are a diversification play for investors. But in 2018, they didn’t provide much protection. Real-estate-focused...

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This $14 million Miami apartment was Kim Kardashian’s surprise Christmas present from Kanye West
News 1 week ago
This $14 million Miami apartment was Kim Kardashian’s surprise Christmas present from Kanye West

Kim Kardashian and Kanye West visit their newly acquired property in Miami on Friday. In a rare moment for the typically stone-faced star, Kanye...

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Landlords Boosted Rents Last Year, but Tenants May Soon Have the Edge
News 1 week ago
Landlords Boosted Rents Last Year, but Tenants May Soon Have the Edge

Landlords are expected to have a tough time raising rents this year as a crush of new apartments hits the market, ending a brief reprieve when the...

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L Train Shutdown Shakeup Jolts Williamsburg Condo Market
News 1 week ago
L Train Shutdown Shakeup Jolts Williamsburg Condo Market

Sentiment rises in the hip Brooklyn neighborhood as the governor’s new construction plan removes a major concern for would-be buyers and renters...

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A Soda Tax and Consequences
News 1 week ago
A Soda Tax and Consequences

When Philadelphia became the first major U. S. city to pass a soda tax in 2016, Mayor Jim Kenney said it would improve public health while funding...

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Mortgages Slip In U.K. Amid Brexit Uncertainty
News 1 week ago
Mortgages Slip In U.K. Amid Brexit Uncertainty

As uncertainty over Brexit lingers, mortgage growth has slipped in the U. K. The number of mortgages and the amount of money borrowed both slipped...

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Cher, Kim Kardashian and Kanye West
News 1 week ago
Cher, Kim Kardashian and Kanye West

This Week in Celebrity Homes: Cher, Kim Kardashian and Kanye West This Week in Celebrity Homes: Cher, Kim Kardashian and Kanye West Take a video...

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Slowing Mall Rent Growth Poised for a Challenging 2019
News 1 week ago
Slowing Mall Rent Growth Poised for a Challenging 2019

Rental growth rates at U. S. malls and open-air shopping centers eased in the final quarter of 2018 and could slow further this year amid a...

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L Train Shutdown Shakeup Jolts Williamsburg Condo Market
News 1 week ago
L Train Shutdown Shakeup Jolts Williamsburg Condo Market

Sentiment rises in the hip Brooklyn neighborhood as the governor’s new construction plan removes a major concern for would-be buyers and renters...

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New L Train Plan Signals End of Williamsburg Rental Bargains
News 1 week ago
New L Train Plan Signals End of Williamsburg Rental Bargains

The surprise decision to keep the L train running on weekdays during tunnel repairs is being cheered by Williamsburg landlords, who have lost...

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As Videogame Market Shifts, GameStop Struggles to Boost Sales
News 1 week ago
As Videogame Market Shifts, GameStop Struggles to Boost Sales

Videogame retailer Corp. GME -0.77% is working to restructure its business as it searches for its fifth chief executive in a little over a year....

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Hospitals See Opportunity in Bringing Care Facilities to Patients
News 1 week ago
Hospitals See Opportunity in Bringing Care Facilities to Patients

For most hospital systems, growth comes through mergers or an acquisition. But when there isn’t another system to acquire, one answer is to...

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Mobile Inventory Storage; Eyeing Railroad Fees; Brexit Logistics Rush
News 1 week ago
Mobile Inventory Storage; Eyeing Railroad Fees; Brexit Logistics Rush

News and analysis on the world of logistics, from supply chain to transport and technology. A big supply of inventory is hanging over U. S....

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Lampert to Bid for Sears Real Estate If Rescue Attempt Fails
News 1 week ago
Lampert to Bid for Sears Real Estate If Rescue Attempt Fails

Sears Chairman Eddie Lampert’s hedge fund, ESL Investments Inc., is interested in scooping up Corp.’s SHLDQ 82.16% real estate for $1.8 billion, as...

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Insurers Push Back Against Paying More for Their Own Insurance
News 2 weeks ago
Insurers Push Back Against Paying More for Their Own Insurance

Massive storms, wildfires and other catastrophes wreaked havoc on communities, the economy and the insurance industry in 2018. But they won’t be...

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To Woo Millennials, Atlanta Considers Covering Highways With Parks
News 2 weeks ago
To Woo Millennials, Atlanta Considers Covering Highways With Parks

ATLANTA—Leaders of this southern city want to draw more young workers, and their strategy includes covering congested downtown highways with acres...

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Here’s a list of the 80 new store closures Sears has announced
News 2 weeks ago
Here’s a list of the 80 new store closures Sears has announced

Time could be running out for Sears Holding Corp., but in the meantime the bankrupt retailer continues to announce store closures. Sears SHLDQ,...

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432 Park Ave. Leads Otherwise Quiet Week for Manhattan Luxury Homes
News 2 weeks ago
432 Park Ave. Leads Otherwise Quiet Week for Manhattan Luxury Homes

Only five apartments asking $4 million or more went into contract last week Five new luxury deals totaled $73.7 million in the week ending Sunday....

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Faith Hope Consolo Stamped Her Personal Brand on New York’s Retail Corridors
News 2 weeks ago
Faith Hope Consolo Stamped Her Personal Brand on New York’s Retail Corridors

After running a modeling agency and working as an interior designer, Faith Hope Consolo finally discovered her vocation: finding space for retail...

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Shaquille O’Neal, Justin Timberlake and Jessica Biel
News 2 weeks ago
Shaquille O’Neal, Justin Timberlake and Jessica Biel

This Week in Celebrity Homes: Shaquille O’Neal, Justin Timberlake and Jessica Biel This Week in Celebrity Homes: Shaquille O’Neal, Justin...

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Lawsuit Says Cleanup of Recycling Plant Threatens $1 Billion Worth of Sony Pictures Films
News 2 weeks ago
Lawsuit Says Cleanup of Recycling Plant Threatens $1 Billion Worth of Sony Pictures Films

The owner of a Long Island warehouse where Sony Pictures Entertainment Inc. stores an expansive movie collection worth an estimated $1 billion says...

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Here’s a list of the 80 new store closures Sears has announced
News 2 weeks ago
Here’s a list of the 80 new store closures Sears has announced

Time could be running out for Sears Holding Corp., but in the meantime the bankrupt retailer continues to announce store closures. Sears SHLDQ,...

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An Epic Battle Over App Fees
News 2 weeks ago
An Epic Battle Over App Fees

Combined, Apple Inc. and Google power about 99.9% of the world’s smartphones. Even that prowess doesn’t leave them immune to a little competition....

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