The same rating companies that were caught flat-footed by the downturn in the mortgage market during the global financial crisis that ended in 2009 may be underestimating the threat of climate change to coastal...
The Framingham, Massachusetts-based chain this week turned down the bid from Cerberus, which valued the company at more than its current market value of about $5.8 billion.
As witnesses debated such fine points as the border adjustment tax proposal’s effects on consumer prices and the strength of the dollar, Mnuchin sounded a clear warning about the measure during a separate appearance...
That reality has spurred developers to focus on center-city neighborhoods where high-density building is allowed—and new units command exceedingly high prices.
Caesars, the largest owner of casinos in the U.S., has struggled under a mountain of debt since a $30 billion leveraged buyout in 2008. In January of 2015, the company put its largest division, Caesars Entertainment...
The delay suggests an irony: even with election of Donald Trump, the first developer as president, commercial real estate investment has slowed to a near standstill—especially in Trump’s hometown, the nation’s largest...
The controversial provision is a centerpiece of House Republican leaders’ blueprint for overhauling taxes because it would raise more than $1 trillion over 10 years to help offset the cost of individual and corporate...
