Bloomberg
January 28, 2013 | Daily Business Review
Pending sales of existing homes decreased 4.3%Pending U.S. home sales declined in December for the first time since August, showing uneven progress in the housing market.
By Bloomberg News
4 minute read
January 17, 2012 | Daily Business Review
Hiring logjam breaks as CEOs plan fastest growth since 2006Companies from General Electric to yogurt producer Chobani are adding workers, accelerating a rebound in hiring, as chief executive officers prepare for greater demand in a strengthening economic recovery.
By Bloomberg News
2 minute read
January 31, 2013 | Daily Business Review
Mortage rates rise with 30-year highest in four monthsU.S. mortgage rates rose for a second week, increasing borrowing costs as tight supplies of listings drive up home prices. The average rate for a 30-year fixed mortgage was 3.53 percent in the week ended today, up from 3.42 percent and the highest since September.
By Bloomberg News
2 minute read
February 06, 2012 | Daily Business Review
Service industries in U.S. expanded more than forecastService industries in the U.S. expanded in January at the fastest pace in almost a year, pointing to strength in the biggest part of the economy.
By Bloomberg News
1 minute read
October 17, 2011 | Daily Business Review
New World Symphony, Met Opera donations surgeThe Miami-based New World Symphony, which is pursuing a $200 million capital campaign to expand its campus, had the largest percentage increase in private gifts last year, according to a survey released Monday.
By Bloomberg News
2 minute read
June 05, 2012 | Daily Business Review
Loews plans $70 million renovation of Regency in New YorkLoews Corp., is planning to upgrade the Regency Hotel, its 354-room luxury property on Park Avenue in Manhattan, and expects to be completed by February 2014, when the National Football League's Super Bowl will be held nearby.
By Bloomberg News
2 minute read
May 03, 2012 | Daily Business Review
Temasek raises $2.48 billion selling China bank sharesTemasek Holdings, Singapore's state-owned investment company, sold $2.48 billion of shares in Bank of China Ltd. and China Construction Bank Corp. less than a month after investing in their larger rival.
By Bloomberg News
4 minute read
December 16, 2011 | Daily Business Review
Foreclosure filings decline as holiday moratorium extends delaysU.S. foreclosure filings fell last month as delinquent homeowners got a holiday break, RealtyTrac reported.
By Bloomberg News
3 minute read
November 10, 2011 | Daily Business Review
PepsiCo buys Brazilian cookie-maker Mabel to boost snacks unitPepsiCo Inc., the world's largest snack company, bought cookie and cracker maker Grupo Mabel in Brazil for an undisclosed price to strengthen sales in Latin America's emerging markets.
By Bloomberg News
1 minute read
October 11, 2012 | Daily Business Review
Bain Capital buys maker of Craftsman tools for $1.6 billionThe acquisition of Apex is the largest this year for Bain, which has participated in announced deals worth $4.7 billion in 2012. It has dozens of its own brands, including GearWrench ratchets, and makes some of the tools sold by Sears.
By Bloomberg News
3 minute read
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