Taxpayers May Be Funding Billionaires' Biggest Apartment Deals
Who do billionaires turn to when they want to buy apartment complexes? The U.S. taxpayer.
Blog
In Tech: Light field VR camera, automatic Windows upgrades
Recording live-action scenes for virtual-reality devices has been limited by the fact that cameras are stuck in one position and headset wearers can’t lean their heads over to get a different view.
Fannie Mae posts $2B profit for 3Q; paying $2.2B dividend
Mortgage giant Fannie Mae reported net income of $2 billion for the July-September period, down from $3.9 billion a year earlier. The government-controlled company attributed the third-quarter decline …
Science Channel series tells of close calls in space
NEW YORK (AP) — Lunch with former astronauts Robert Curbeam, Jerry Linenger and Yi So-yeon feels a little like eavesdropping on the meeting of a special club.
Musical 'Disaster!' spoofing 1970s takes aim at Broadway
NEW YORK (AP) — Earthquakes, tidal waves and infernos are on tap for Broadway as the spoof musical “Disaster!” aims for a winter arrival.
Apple opens subsidiary in Vietnam, tapping smartphone growth
Apple Inc has opened a subsidiary company in Vietnam, allowing the maker of iPhones to import and distribute cellphones directly in one of the fastest growing smartphone markets in the Asia-Pacific. Apple Vietnam Limited Liability was established on Oct. 28 with a registered capital of 15 billion dong ($672,194), according to a news announcement recorded on Vietnam’s national business registry website seen by Reuters on Thursday. The Ho Chi Minh
Van Gogh painting could bring up to $70M at Sotheby's
NEW YORK (AP) — A Vincent van Gogh painting is poised to bring as much as $70 million at Sotheby’s.
Details of controversial Pacific trade deal are released
Details of a sweeping Pacific Rim trade deal released Thursday set the stage for a raucous debate in the U.S. Congress but also may provide reassurances to those who worried the agreement could gut protections …
Rodin Museum in Paris reopens after 3-year facelift
PARIS (AP) — Paris’ historic Rodin Museum, until recently plagued by a leaking roof, peeling gold leaf and creaky floorboards, has been returned to its former splendor following a 16 million euro ($17.4 million) three-year restoration.
Canadian pipeline company Enbridge buys stake in UK wind farm
(Reuters) – Enbridge Inc , Canada’s largest pipeline company, said it had bought a 24.9 percent stake in an offshore wind energy project in the United Kingdom for C$750 million ($570 million). The Rampion project located off the UK Sussex coast is being constructed by a unit of utility company E.ON SE , which owns a 50.1 percent stake in the 400 megawatt (MW) project. UK Green Investment Bank Plc