Trump says high CEO pay is a joke, 'disgraceful'

Republican presidential frontrunner Donald Trump on Sunday blasted the high salaries of chief executives as a joke and a disgrace and said these were often approved by company boards stacked with the CEO’s friends. Trump, a real estate mogul who has said he plans to use his net worth of $8.7 billion to fund his White House campaign, said in an interview with CBS’ “Face the Nation” that it was

China January-August property investment growth slows to 3.5 percent year-on-year

Growth in China’s real estate investment slowed to 3.5 percent in the first eight months of this year from the same period a year ago, though the area of property sold rose 7.2 percent, official data showed on Sunday. Real estate investment, which directly affects about 40 other business sectors in China, is considered to be a crucial growth driver. While home sales and prices have improved in bigger Chinese

Mauritius' Rogers annual pretax profit jumps 43 pct

Mauritius-based conglomerate Rogers said pretax profit rose 43.4 percent in the year to June 30, driven by better performances from its hospitality, real estate and agribusiness operations. Rogers, which has interests in the Indian Ocean island nation’s financial, property and aviation sectors, said it expected improved operational performance in most sectors in the coming year. Improved revenue was “led by the logistics and real estate and agribusiness sectors”, the company

'Eat Pray Love' House Feels Like Home to Norah Jones

Filed under: Buying, Celebrity Homes, House of the Day Zillow By Natalie Wise Grammy-winning singer and songwriter Norah Jones snapped up a breathtaking new home that is sure to be a place where lyrics are inspired. While Jones is notoriously private, records show the house was purchased in May for $6.25 million through an LLC tied to her name. Star Max via AP ImagesNorah Jones The home, located in Brooklyn’s

Real estate JV deals help Hudson's Bay post profit

(Reuters) – Hudson’s Bay Co swung to a profit in the second quarter as the owner of Saks luxury chain benefited from the formation of real estate joint ventures earlier this year. The company has contributed real estate assets to two joint ventures formed with U.S.-based Simon Property Group Inc and Canada’s RioCan Real Estate Investment Trust earlier this year, helping it focus on its store operations. Hudson’s Bay said

Trump slights rival Fiorina's looks: 'Look at that face'

Donald Trump belittled the physical appearance of fellow Republican U.S. presidential candidate Carly Fiorina in remarks published on Wednesday, saying: “Look at that face. Would anyone vote for that?” The comments by the billionaire real estate developer published in an article on the website of Rolling Stone magazine were aimed at the only woman in the large field of Republicans vying for their party’s 2016 presidential nomination. The magazine reported

Real estate data company Reis sues over alleged online report theft

NEW YORK (Reuters) – Reis Inc, a commercial real estate data provider, on Wednesday sued Armada Analytics Inc, accusing it of downloading at least 1,562 reports over three years from its proprietary subscription database without paying for them. Armada, a commercial real estate services provider specializing in mortgage debt, was accused of misappropriating login credentials to access Reis’ database online, and continuing to obtain reports through Reis subscribers after payment

Apple TV upgrade includes new gaming and shopping apps

SAN FRANCISCO (Reuters) – Apple Inc said on Wednesday its revamped Apple TV will incorporate new content, gaming and shopping apps in its new App Store. Apple said users will be able to use the new remote with an accelerometer and gyroscope to play interactive, multi-player games. The company also announced that Airbnb, real estate company Zillow Group and luxury shopping platform Gilt will also have customized apps for the

Mortgage Rates Holding Steady Near 3.75% in September

Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed mortgages fell almost imperceptibly this week, with the rate borrowers were quoted on Zillow Mortgages at 3.74 percent Tuesday, down 1 basis point from last week. The 30-year fixed mortgage rate hovered around that rate throughout the week. “Rates dipped slightly last