Chicago snubbed again: First by Amazon and now by Apple

What do America’s big tech companies have against Chicago? First, Amazon.com Inc. snubbed the city when it announced last month that Long Island City in Queens and Crystal City in Virginia will each ultimately get more than 25,000 Amazon employees as part of company’s announcement that it was splitting its HQ2 choice between the New … Read more

Opening of Under Armour's Fifth Avenue New York store delayed until 2021

Under Armour Inc. still plans to open a flagship store on Fifth Avenue in New York but has significantly pushed back the timeline. CFO David Bergman said at the sportswear maker’s investor day on Wednesday that Under Armour plans to take possession of the 53,000-square-foot space on the first floor of the General Motors building … Read more

Here’s who will build the new Air Force One hangar at Joint Base Andrews

Clark Construction has been awarded a contract potentially worth $315.5 million to build a new hangar in Prince George’s County for the new Air Force One. The project is expected to be completed by April 2022 and is needed because the current facility at Joint Base Andrews isn’t big enough to accommodate the modified Boeing … Read more

Before and after: Apartments receive $8M in renovations

Memphis-based ALCO Management Inc. recently invested $8 million in two of its local affordable apartment complexes. Eastern Heights and Creekwood Apartments — which hold a combined 226 units — were overhauled, which meant new roofs, kitchens, bathrooms, HVAC systems, floors and more for residents. The renovation came about because ALCO was applying for fresh Tennessee … Read more

D.C. appeals court allows Union Market-area project to advance

A D.C. court has rejected an activist group’s appeal of Foulger-Pratt’s $200 million planned development near Union Market. Thursday’s ruling from the D.C. Court of Appeals upholds the D.C. Zoning Commission’s approval of the “Press House” project and could have implications for dozens of other District developments that have been appealed by groups such as … Read more

Valley women's real estate group selects 2019 leadership

Arizona Commercial Real Estate Women (AZCREW), an organization for senior-level women in commercial real estate, selected new leadership for 2019. Jennifer Cranston, a shareholder at Gallagher & Kennedy was elected president for 2019. Other officers include: Cindy Winters, Eagle Commercial Realty Services, past president Dana McDonald, North American Title Company, membership Lorna Banister, Ballard Spahr, … Read more

Markets steady after solid run as focus turns to ECB

Shares around in the world traded in narrow ranges Thursday after a solid couple of days largely related with hopes that the U.S. and China are ironing out their trade issues. The focus now turns to the European Central Bank press briefing with President Mario Draghi in the wake of the bank’s decision to bring … Read more

AP Interview: Jones says farmers scared by Trump's tariffs

Sen. Doug Jones said Alabama’s soybean farmers and automobile manufacturers are “scared to death” over President Donald Trump’s tariff wars, but he cautioned Democrats from spending too much time attacking the president as the party tries to win back heartland voters ahead of the 2020 presidential election.

AP: Ivanka, Kushner could profit from tax break they pushed

At an Oval Office gathering earlier this year, President Donald Trump began touting his administration’s new real estate investment program, which offers massive tax breaks to developers who invest in downtrodden American communities. He then turned to one of the plan’s strongest supporters.

Canada says entrepreneur feared detained in China

A second Canadian man is feared detained in China in what appears to be retaliation for Canada’s arrest of a top executive of telecommunications giant Huawei. The possible arrest raises the stakes in an international dispute that threatens relations.