Coronavirus set to usher in big changes at U.S. offices
NEW YORK (Reuters) – The novel coronavirus may do to U.S. office rentals what e-commerce did to malls, or so goes a line of thinking running through commercial real estate…
SEC reaches $60 million settlements involving ex-American Realty executives
NEW YORK (Reuters) – Two former executives at American Realty Capital Properties Inc, including the onetime billionaire who built it, have reached more than $60 million in settlements with the…
Philip Green’s Arcadia avoids collapse as creditors back deal
LONDON (Reuters) – Philip Green’s Topshop-to-Dorothy Perkins fashion empire staved off a collapse into administration on Wednesday as creditors approved his sweetened restructuring plan. FILE PHOTO: People walk past a…
Sears sues Lampert, claiming he looted assets and drove it into bankruptcy
NEW YORK (Reuters) – Sears Holdings Corp sued longtime former Chairman Eddie Lampert, his hedge fund ESL Investments and others like Treasury Secretary Steven Mnuchin, claiming they illegally siphoned billions…
Buffett’s Berkshire offers loan to owner of former Sears properties
NEW YORK (Reuters) – Billionaire Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) is loaning up to $2 billion to the company that owns some of what used to be some of…
Trade tensions set for brighter U.S. corporate spotlight
NEW YORK (Reuters) – The potential for an intensifying trade dispute to undercut the U.S. stock market could become clearer next week when a host of multinational companies reports quarterly…