myNOI The office market in Houston is highly competitive with 8.6 million square feet in sublease space on the market and a 23.7 percent vacancy. However, health care continues to remain a highly desirable property type, with less than 4 percent vacancy in the Texas Medical Center. With no indications that the medical sector is going … Read more
A White House official says tension between a president and the interest-rate setting Federal Reserve is “traditional as part of our system.”
School districts throughout the U.S. are struggling to find school bus drivers, a challenge that has worsened with low unemployment and a strong economy.
No matter which way the stock market goes in 2019 — and Wall Street has ample arguments for either direction — expect it to be another gut-wrenching ride.
A German journalist who was found to have made up information for numerous articles may now be charged with allegedly soliciting donations for Syrian orphans from his readers.
This would be the first acquisition in Philadelphia for the New York real estate firm, which developed the new World Trade Center.
When workers pried the Trump name off another Manhattan building earlier this year, it capped a bad few weeks for the president’s businesses.
London’s Gatwick Airport operated without problems Sunday, but the fugitive drone operators who brought incoming and outgoing flights to a standstill over multiple days remained at large — and a potential threat — after police cleared two local residents who were arrested as suspects.
Rescue teams on Sunday found the bodies of nine construction workers who were trapped inside a burning potash mine in Russia’s Ural Mountains.
The U.S. dispute with China over a ban on tech giant Huawei is spilling over to Europe, the company’s biggest foreign market, where some countries are also starting to shun its network systems over data security concerns.
Treasury Secretary Steven Mnuchin (mih-NOO’-shin) says President Donald Trump has denied ever suggesting firing Federal Reserve Chairman Jerome Powell.
The arrest of Nissan’s former chairman is drawing attention to the criminal justice system in Japan, where there is no presumption of innocence and accused people can be held for months before trial.
Slack says it mistakenly deactivated accounts for some of the users of its work-focused messaging service this week as it implemented a system update to comply with U.S. economic sanctions and trade embargoes.
Canadian Foreign Minister Chrystia Freeland said Saturday that Canada will embark on a campaign to win the release of two citizens detained by China in apparent retaliation for the arrest of a top Chinese tech executive.
That holiday trip over the river and through the woods to grandmother’s house could turn into nice little gift for automakers as they increasingly collect oodles and oodles of data about the driver.
London’s Gatwick Airport was plagued by long lines and flight delays Saturday but no new drone sightings, allowing British officials to hope the worse was over after two people were arrested in connection with the drone invasion that had shut down the country’s second-busiest airport.
France’s yellow vest protesters, who have brought chaos to Paris for weeks with their economic demands, turned out in sharply reduced numbers Saturday at the start of the Christmas and New Year holidays.
President Donald Trump is spreading misinformation about U.S. economic growth, the Russia investigation and the Islamic State group in Syria.
London’s famed Beefeaters and other workers at several Royal Palaces have gone on a rare strike in a dispute over pension payments.
The Italian Senate speaker delayed a vote on a new budget until the middle of the night Saturday to give lawmakers time to examine the nearly 200-page updated text they received only hours earlier.
A temporary injunction freezing a joint venture between airplane manufacturers Boeing and Embraer has been overruled by a Brazilian justice.
Mayor touts economic development achievements with commercial Realtors.
Now in its 10th year, America’s economic expansion still looks sturdy. Yet the partial shutdown of the government that began Saturday has added another threat to a growing list of risks.
Less than two years after he shook up the New York fashion world with a splashy runway debut for Calvin Klein, designer Raf Simons is leaving the company.
Self-driving car startup Zoox won permission Friday to start offering rides to passengers in California.
Lower Merion School District has voted to condemn two properties in Villanova – a 10.4-acre parcel at 1835 County Line Road and three acres at 1800 W. Montgomery Ave. – and spend a total of $12.92 million on acquiring them. The school district said it was exercising its right of eminent domain to acquire the … Read more
December is proving not to be a slow month for construction with new projects added to Business First’s Construction Watch, our interactive map that pinpoints local development projects. The first project added was the Sunport South Business Park, a 350-acre master plan development south of the Albuquerque International Sunport. Mesa, Arizona-based Horne Development Group is the … Read more
Wall Street’s sharp downturn beginning in October has pulled the Nasdaq composite index into what’s known as a bear market. The benchmark S&P 500 index is in what Wall Street calls a correction, and is headed toward a bear market, threatening to end the more than 9-year U.S. bull market run.
Federal prosecutors said Friday that a Chinese national employed by an Oklahoma petroleum company has been charged with stealing trade secrets.
The Bham native plays a key role at Sloss Real Estate and is involved in several transformative projects around the metro.
The U.S. economy has turned in a stellar performance this year. But mounting problems, from trade tensions to jittery financial markets and political gridlock in Washington, are expected to sharply slow growth in 2019.
The founder of Taylor Gourmet, the Philly-style hoagie chain that shuttered nearly all of its locations abruptly in September, is trying to buy the restaurant’s trademark and email list as part of its bankruptcy proceeding. Taylor founder Casey Patten has some deep-pocketed competition for the intellectual property, however. Massive sandwich chain Così is also bidding … Read more
More than a third of Memphis’ land is vacant. That’s a stat found in the “Memphis 3.0” draft the City of Memphis released this week. The Memphis 3.0 comprehensive plan is 400-plus pages demonstrating a policy that city leaders invoke quite often: “Build up, not out.” It is designed to encourage infill; revitalize neighborhoods in … Read more
A Virginia developer has bought the former Greyhound bus facility south of downtown Raleigh for $4 million.
The property gained a significant amount of value in two years.
A Florida developer that’s been busy in St. Louis Park’s West End is planning to replace the city’s Olive Garden restaurant with 207 apartments.
Perseus-TDC planned to seek permission from local and federal authorities to build a headquarters tower stretching up to 500 feet for Amazon.com Inc. (NASDAQ: AMZN) at the foot of a new Eisenhower Avenue Metro station entrance, if that’s what it took to bring the Seattle-based company’s new headquarters to Alexandria. The e-commerce and cloud computing … Read more
The three attorneys jumped to Greenberg Traurig from the Phoenix office of rival law firm Squire Patton Boggs.
Valley Partnership, an advocacy group for responsible development in Arizona, has named Jill Hegardt, vice president of entitlements at Scottsdale-based real estate developer DMB Associates Inc., as the 2019 chair of its executive committee. Hegardt was recently appointed along with several other members of the committee: Tim Brislin, vice president at real estate investment firm … Read more
More than three years after the government took over management of recalls involving dangerous Takata air bag inflators, one third of the recalled inflators still have not been replaced.
The Latest on prosecutors decision in U.S. not to file charges against Chinese billionaire in alleged assault (all times local):
The latest on developments in financial markets (all times local):
The organization saw its litter index go down and development activity go up.
JPMorgan Chase & Co. CEO Jamie Dimon was in Boston last week to celebrate the opening of the megabank’s first retail branch in Massachusetts. While there, he was asked to identify markets Chase was targeting following moves earlier this year into Washington, D.C., Philadelphia and Boston. “Get a list of the top 50 — 75 … Read more
Under new CEO Terry Peterson, the West Linn-based business bank plans to open a downtown Portland office.
The pillared building is 115 years old and still bears the “Nashville Trust Co.” name at the top.
Inova Health System is cementing its vision for its research and development campus, a mammoth project compared to even Amazon.com Inc.’s (NASDAQ: AMZN) HQ2. The Falls Church-based health system’s Center for Personalized Health, on the 117-acre former Exxon Mobil campus in Merrifield, is slated for an eventual 15 million square feet of development — notably … Read more
The last 12 months were momentous for Water Street Tampa. From groundbreakings to more land acquisitions, the massive mixed-use project in downtown Tampa hit several key milestones this year. “Since beginning vertical construction in April, we’ve seen an unprecedented level of activity on-site,” James Nozar, the CEO of Water Street developer Strategic Property Partners, said … Read more
A California-based information technology company will expand its operations in Round Rock after an incentive deal was approved this week. Round Rock City Council on Thursday approved an economic incentives agreement with Agoura Hills, Calif.-based Chatsworth Products Inc., which makes systems that organize, store and secure IT infrastructure equipment, according to a city announcement. “This … Read more
D.C.’s planned SLS Hotel project is facing a delay as its developer works to line up financing. Peebles Corp., which is developing the luxury, boutique property, asked the D.C. Council for an extension of its right to buy the future hotel site, located at Fifth and Eye streets NW in Mount Vernon Triangle. The council … Read more