Bloomberg News
December 24, 2013 | Daily Business Review
Wall Street Landlord Loses Round One In Ohio School Tax FightHedge fund Magnetar Capital LLC quietly bought a third of all rental homes in Huber Heights, Ohio, then applied for the largest reduction in residential property taxes in the county's history on more than 1,200 residences.
By Bloomberg News
7 minute read
December 24, 2013 | Daily Business Review
Red Lobster Split Seen As Wrong Recipe For DardenWith Red Lobster's same-store sales declining, Darden instead should focus on luring diners to boost returns over the long haul, according to some experts.
By Tara Lachapelle and Leslie Patton Bloomberg News
6 minute read
December 17, 2013 | Daily Business Review
Secret Inside BofA Office: Stall Needy HomeownersInstead of helping homeowners as promised under agreements with the U.S. Treasury Department, Bank of America stalled them, say nine ex-Urban Lending employees.
By Hugh Son Bloomberg News
18 minute read
December 10, 2013 | Daily Business Review
Volcker Rule Ushers in Era of Increased Oversight of TradesWall Street faces more intensive government scrutiny of trading after U.S. regulators issued what they billed as a strict Volcker rule, imposing new curbs designed to prevent financial blowups while leaving many details to be worked out later.
By Bloomberg News
9 minute read
December 02, 2013 | Daily Report Online
Apple Cleared in Smartphone Patent TrialApple Inc. the world's most valuable technology company, was found by a federal jury not to infringe the patent of a 70-year-old electrical engineer who claims he came up with the idea for the smartphone.
By Victoria Slind | Bloomberg News
9 minute read
November 18, 2013 | Daily Business Review
Geithner Joins Warburg in Shift to Buyouts From BailoutsAs he starts his career on Wall Street next year, former Treasury Secretary Timothy Geithner has chosen a buyout firm, New York-based Warburg Pincus LLC.
By Bloomberg News
7 minute read
November 12, 2013 | Daily Business Review
One World Trade Center Wins Claim To Tallest U.S. TowerAt 1,776 feet, 1 World Trade Center surpasses Chicago's Willis Tower as the country's tallest building.
By Bloomberg News
1 minute read
November 08, 2013 | Daily Business Review
Mortgage Delinquencies Fall To 5-Year Low As Housing HealsThe share of U.S. mortgages that are seriously delinquent fell as job gains help borrowers keep up on payments while rising home prices enable others to sell.
By Bloomberg News
3 minute read
May 22, 2013 | Daily Business Review
Stonegate Raises $115 Million to Fund Jumbo Mortgage ExpansionStonegate Mortgage Corp. will use the funds to fuel originations of loans not intended for government-backed programs, as well as to build its portfolio of servicing contracts.
By Bloomberg News
2 minute read
March 14, 2013 | Daily Business Review
Porsche SE reports surge in net income on sale of auto unitPorsche SE, Volkswagen AG's largest shareholder, reported a surge in 2012 net income after selling the remainder of its automaking business to VW last year. Profit climbed to $10.1 billion from 59 million euros in 2011
By Bloomberg News
2 minute read
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