April 24, 2012 | Daily Business Review
Hotel hiring rebounds as U.S. tourism overcomes slumpJobless Americans are using increased tourism as a pathway back to employment, finding jobs at hotels and motels as those facilities step up hiring to meet growing demand.
By Bloomberg News
2 minute read
April 11, 2012 | Daily Business Review
Prepaid card use rises at expense of traditional accountsPrepaid card use rose by about 18 percent in 2011 as consumers dropped traditional banking products such as checking accounts with higher fees.
By Bloomberg News
2 minute read
March 24, 2011 | Daily Business Review
Freddie Mac sued by attorney David Stern over $1.3 millionBy Bloomberg News
9 minute read
January 31, 2012 | Daily Business Review
Simpson says 'terrified' Obama walked away from deficit issuePresident Barack Obama "walked away" from his bipartisan U.S. deficit-cutting commission's plan "because he knew he'd be torn to bits," said former Republican Sen. Alan Simpson, who was co-chairman of the panel.
By Bloomberg News
1 minute read
August 31, 2012 | Daily Business Review
Distressed home prices jump with inventory shrinkingDemand for distressed properties is driving up prices for the first time in two years as investors from Blackstone Group to Colony Capital chase shrinking inventory.
By Bloomberg News
2 minute read
January 13, 2011 | Daily Business Review
American assets raises $564 million in first U.S. IPO of 2011American Assets Trust Inc. raised $564 million, more than originally sought, in the largest initial public offering of a U.S. real estate investment trust in more than a year.
By Bloomberg News
3 minute read
June 27, 2012 | Daily Business Review
Sotheby's to enter China's property market to tap millionairesSotheby's International Realty Affiliates LLC, the real estate unit of the auction house, plans to start business in China's luxury property market to tap the country's growing wealth.
By Bloomberg News
2 minute read
May 25, 2012 | Daily Business Review
BBVA said to seek bids for property, loan portfoliosBanco Bilbao Vizcaya Argentaria, Spain's second-largest lender, will take non-binding bids for five portfolios of real estate and loans until May 29.
By Bloomberg News
2 minute read
July 26, 2012 | Daily Business Review
TARP help only goes to 10% of distressed homeownersDistressed homeowners have received only 10 percent of nearly $46 billion in federal aid since the money was allocated in 2009 under the Troubled Asset Relief Program.
By Bloomberg News
2 minute read
October 26, 2012 | Daily Business Review
PulteGroup's quarterly profit beats estimatesPulteGroup reported a third-quarter profit that beat analysts' estimates after cutting costs and recording higher revenue as sales of new houses rebounded.
By Bloomberg News
2 minute read