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Bloomberg News

Bloomberg News

July 18, 2013 | Daily Business Review

Disney Reducing Costs In CEO's Profit Push

Walt Disney Co. is eliminating perks including executive car allowances as the world's biggest entertainment company looks to further boost profitability.

By Bloomberg News

2 minute read

December 13, 2011 | Daily Business Review

Confidence at U.S. small companies increases for third month

Confidence among U.S. small companies rose in November for a third month as hiring intentions climbed and companies projected sales will improve, a survey found.

By Bloomberg News

3 minute read

August 07, 2013 | Daily Business Review

Brookfield to Buy Industrial Portfolio for $1.1 Billion

Brookfield Property Partners, the commercial real estate company that was spun off by its Canadian parent earlier this year, agreed to purchase U.S. industrial-property assets from Japan's Kajima Corp. for $1.1 billion.

By Bloomberg News

2 minute read

November 16, 2012 | Daily Business Review

FHA sets stage for taxpayer subsidy with $16.3 billion deficit

The Federal Housing Administration said mounting losses from defaults on loans it backed during the housing bubble left its insurance fund with a $16.3 billion deficit for the fiscal year ended Sept. 30.

By Bloomberg News

4 minute read

January 08, 2013 | Daily Business Review

Hotel deals forecast to increase by 6.7% in 2013

Hotel deal volume probably will rise to $32 billion globally this year as sovereign-wealth investors, mutual funds and insurance companies provide the most debt for transactions since 2007.

By Bloomberg News

2 minute read

September 21, 2012 | Daily Business Review

FDIC's Hoenig says banks may revisit pre-2008 risky behavior

If big U.S. banks are not forced to sever their investment arms from traditional banking, they will return to behavior that led to the 2008 credit crisis, said Federal Deposit Insurance Corp. board member Thomas Hoenig.

By Bloomberg News

2 minute read

June 12, 2013 | Daily Business Review

Bank of America Regaining Fair Share of Mortgage Market

Bank of America, the second-biggest U.S. lender by assets, is regaining market share in home loans after shrinking the business.

By Bloomberg News

2 minute read

November 22, 2011 | Daily Business Review

Lehman's real estate asset Archstone wins arbitration

Lehman Brothers' Archstone, the defunct firm's largest real-estate asset, won an arbitration brought by investors seeking hundreds of millions of dollars in damages.

By Bloomberg News

2 minute read

December 26, 2012 | Daily Business Review

Las Vegas City Center condos sell in bulk for $119 million

The owners of CityCenter, an $8.5 billion Las Vegas Strip development that opened amid the city's real estate crash, said they sold 427 condominiums in a bulk transaction for $119 million.

By Bloomberg News

3 minute read

April 12, 2013 | Daily Business Review

Berkshire, Lemann's 3G name Burger King's Hees as Heinz CEO

Berkshire Hathaway and 3G Capital said Bernardo Hees will become chief executive officer of HJ Heinz., the ketchup maker being bought by the billionaire investors. Hees has been CEO of Burger King Worldwide since 2010. He is also a partner of 3G Capital.

By Bloomberg News

3 minute read