Bloomberg News

January 31, 2013 | Daily Business Review

United Parcel Service forecast profit for this year that trailed analysts' estimates as a weak global economy weighs on shipping. The company's growth is constrained by a sluggish global economy and disputes over the debt ceiling that erode shipping demand and confidence.

By Bloomberg News

3 minute read

March 05, 2013 | Daily Business Review

J.C. Penney Co. slid to a three-year low after Vornado Realty Trust, its second-biggest shareholder, sold almost half of its stake in the struggling department-store chain.

By Bloomberg News

3 minute read

January 07, 2013 | Daily Business Review

Florida regulators are demanding that a brain-injury treatment center with patients from across the U.S. prove that it's financially viable, as the facility seeks bankruptcy protection.

By Bloomberg News

4 minute read

July 05, 2012 | Daily Business Review

Qatar Holding LLC, the investment arm of the country's sovereign-wealth fund, plans to open Harrods hotels to build the British luxury retailer it bought two years ago into a global brand.

By Bloomberg News

3 minute read

February 07, 2013 | Daily Business Review

Blackstone Groupmagreed to buy a majority stake in 40 U.S. shopping centers from UBS AB property funds in a deal valued at about $1.1 billion, as it expands its retail holdings. UBS's joint-venture partner on the properties will increase its ownership to 33 percent .

By Bloomberg News

2 minute read

March 15, 2012 | Daily Business Review

A U.S. gambling company is accused of double-dealing with companies competing for a gaming license in Asia's casino hub.

By Bloomberg News

3 minute read

October 08, 2012 | Daily Business Review

Sprint Nextel Corp.'s Dan Hesse and his board are expected to meet for the second time this year to consider whether to buy MetroPCS Communications Inc.

By Bloomberg News

2 minute read

March 01, 2013 | Daily Business Review

Private-equity firms including KKR & Co. and Apax Partners are teaming up to bid against DirecTV to acquire Vivendi's GVT phone unit in Brazil. The group is willing to pay as much as $6.8 billion for the company, compared with Vivendi's asking price of about $10.8 billion.

By Bloomberg News

3 minute read

July 25, 2012 | Daily Business Review

Simon Property Group Inc., the largest U.S. shopping-mall owner, raised its dividend and increased its full-year forecast for funds from operations after second-quarter FFO climbed 18 percent.

By Bloomberg News

2 minute read

December 11, 2012 | Daily Business Review

The National Federation of Independent Business's optimism index found confidence among U.S. small businesses plunged in November as owners grew increasingly concerned the economy will slump.

By Bloomberg News

4 minute read