US new-home sales hit June slump
WASHINGTON (AP) — Fewer Americans bought new homes in June, a possible sign that the real estate market might not be as hot as it appeared at the start of summer.
REAL ESTATE
Trump visits Mexico border, warns of 'tremendous danger'
By Jim Forsyth SAN ANTONIO (Reuters) – Real estate magnate Donald Trump brought his unorthodox presidential campaign to the U.S.-Mexican border on Thursday and stood by his controversial comments on Mexican immigrants causing crime. Visiting the Texas town of Laredo for a “boots on the ground” trip, the Republican hopeful said the United States faces “a tremendous danger on the border with the illegals coming in”. Asked whether he had
Trump university lawsuits may damage presidential bid
By Michelle Conlin and Grant Smith NEW YORK (Reuters) – In 2009, California businessman Art Cohen received a letter from Donald Trump with a “special invitation” and two VIP tickets for a Trump University seminar promising to help make Cohen rich. The letter, emblazoned with a school coat of arms, urged Cohen to attend the class to learn Trump’s real estate secrets from his “hand-picked” faculty, declaring: “You’ll have what
Trump university lawsuits may damage presidential bid
By Michelle Conlin and Grant Smith NEW YORK (Reuters) – In 2009, California businessman Art Cohen received a letter from Donald Trump with a “special invitation” and two VIP tickets for a Trump University seminar promising to help make Cohen rich. The letter, emblazoned with a school coat of arms, urged Cohen to attend the class to learn Trump’s real estate secrets from his “hand-picked” faculty, declaring: “You’ll have what
Elections commission releases Trump's financial disclosure
WASHINGTON (Reuters) – The U.S. Federal Elections Commission released on Wednesday the 92-page personal financial disclosure statement from Republican U.S. presidential contender Donald Trump, showing the breadth of wealth held by the real-estate mogul and television host. Trump has a total of 515 “positions held outside the United States government,” mostly as president or director of his multitude of corporations. …
Elections commission releases Trump's financial disclosure
WASHINGTON (Reuters) – The U.S. Federal Elections Commission released on Wednesday the 92-page personal financial disclosure statement from Republican U.S. presidential contender Donald Trump, showing the breadth of wealth held by the real-estate mogul and television host. Trump has a total of 515 “positions held outside the United States government,” mostly as president or director of his multitude of corporations. …
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United Technologies hit by Chinese building stall
Industrial giant United Technologies slashed its 2015 earnings forecast Tuesday due to the sharp slowdown in China’s real estate sector and disappointing aviation parts sales. Key areas of weakness included the Otis elevator business, which suffered from anemic demand in China and Europe, and weaker-than-expected plane parts orders. Activity has also been lackluster in UTC’s business for heating and cooling buildings, again due to a big decline in China.
Buffett says reports that he bought Greek island 'a total fabrication'
NEW YORK (Reuters) – Warren Buffett said on Tuesday that media reports that he and Italian real estate agent Alessandro Proto together purchased the island of St. Thomas, southwest of Athens, are “a total fabrication.”
MERS, drought stifled South Korea growth in Q2: minister
South Korea’s economic growth in the three months to June will be “much lower” than the previous quarter due to drought and an outbreak of the MERS virus, Finance Minister Choi Kyung-Hwan said Tuesday. Domestic demand had been gradually recovering this year, backed by the government’s expansionary policies and efforts to bolster the real estate market, Choi told reporters. “However the recovery was dampened by the outbreak of MERS and