Bloomberg News
November 10, 2011 | Daily Business Review
Ultra-wealthy Americans to outnumber those in Asia until 2032North America's super rich will outnumber Asians with a net worth of at least $30 million for the next 20 years, according to a report from Wealth-X.
By Bloomberg News
3 minute read
April 10, 2013 | Daily Business Review
Toronto condo builders slow down to avoid property crashToronto condo builders are slowing development in a bid to avoid a crash after a decade-long boom led to 159 towers now under construction.
By Bloomberg News
2 minute read
October 13, 2011 | Daily Business Review
London farm ads have 1 minute to grab planeloads of eyeballsAir passengers may see more than just empty fields next time they approach London's Heathrow airport, according to Antony Ganjou, whose company is trying to rent the land to advertisers before the 2012 Olympics.
By Bloomberg News
4 minute read
December 29, 2011 | Daily Business Review
Yankees co-owner target of U.S. suit over tax refundNew York Yankees co-owner and managing partner Harold Steinbrenner was sued by the U.S. Justice Department over an "erroneous" $670,494 tax refund he received in 2009.
By Bloomberg News
2 minute read
December 14, 2011 | Daily Business Review
Insurers rattled by storms in 2011 beyond Tornado AlleyInsurers are being forced to re-think their models after tornadoes killed more than 550 people in the U.S. this year, data provider CoreLogic Inc. said.
By Bloomberg News
2 minute read
April 26, 2013 | Daily Business Review
Mortgage Rates Fall With 15-Year At Lowest On RecordThe average rate for a 30-year fixed mortgage was 3.40 percent in the week ended today, down from 3.41 percent, McLean, Virginia-based Freddie Mac said. The average 15- year rate dropped to 2.61 percent from 2.64 percent.
By Bloomberg News
1 minute read
March 11, 2013 | Daily Business Review
Citigroup could jump 33% as unwanted assets declineThe stock may rise as Citigroup reduces the amount of money it holds against distressed assets in the Citi Holdings division while losses from the unit also decline, according to a UBS analyst.
By Bloomberg News
3 minute read
September 04, 2012 | Daily Business Review
Fannie Mae, Freddie Mac guarantee fees increased by regulatorFannie Mae and Freddie Mac will increase by an average of 10 basis points the fees they charge lenders to guarantee mortgages, to help restore the taxpayer- owned companies to fiscal stability and shrink their footprint in the mortgage market.
By Bloomberg News
2 minute read
January 07, 2011 | Daily Business Review
Intel says 'hair isn't on fire' over tablets' impact on PCsIntel Corp., facing criticism that the personal-computer industry hasn't responded quickly enough to Apple's iPad, said concerns that tablets will replace PCs are overblown.
By Bloomberg News
3 minute read
April 16, 2013 | Daily Business Review
Factory production in U.S. unexpectedly decreasesFactory production in the U.S. unexpectedly dropped in March, adding to recent signs that manufacturing is cooling.
By Bloomberg News
4 minute read
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