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Scotiabank Agrees to Sell Scotia Plaza for C$1.27 Billion
Office property values probably will rise 20 percent this year in Calgary and about 10 percent in Toronto and Vancouver as low vacancies help landlords raise rents, according to estimates by CoStar Group Inc.'s Boston-based Property and Portfolio ...
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Apple Fires Back in Lawsuit over Siri's Performance
Apple Inc. is defending its voice-recognition software Siri - she of the iPhone 4S - against claims that it doesn't perform as advertised.
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Goldman Said to Plan Private REIT to Buy Japan Properties
May 25 (Bloomberg) -- Goldman Sachs Group Inc. plans to start a private real estate investment trust with as much as 50 billion yen ($628 million) that will invest in Japan's property market, two people familiar with the situation said.
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Sunstone to Buy Wyndham Chicago Hotel for $88.4 Million
May 3 (Bloomberg) -- Sunstone Hotel Investors Inc. agreed to buy the Wyndham Chicago hotel from Blackstone Group LP for $88.4 million as part of a plan to expand in major U.S.
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Brookfield Promotes Clark to Chairman, Friedrich to CEO
May 3 (Bloomberg) -- Brookfield Office Properties Inc., owner of skyscrapers in the U.S., Canada and Australia, promoted Chief Executive Officer Ric Clark to chairman and named President Dennis Friedrich as his replacement.
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SEC Staff Ends Probe of Lehman Without Finding Fraud
May 25 (Bloomberg) -- U.S. Securities and Exchange Commission investigators have concluded their probe of possible financial fraud at Lehman Brothers Holdings Inc. without recommending enforcement action against the firm or its former executives, ...
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Kansas Wheat Farmers May Plant 'a Lot' of Soybeans After Harvest
Some growers in northern Oklahoma also may plant soybeans after collecting wheat because of the price gap and the early harvest, said Mark Hodges, the executive director of Plains Grains Inc. in Stillwater, Oklahoma. As much as twice the normal amount ...
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Accretive Health Accuses Minnesota Official of Bad Faith
May 3 (Bloomberg) -- An Accretive Health Inc. lawyer claimed Minnesota Attorney General Lori Swanson negotiated in bad faith before suing the company in January and disclosed its confidential data in an April 24 report.
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SunTrust's Rogers Says JPMorgan Loss 'Black Eye'
May 15 (Bloomberg) -- SunTrust Banks Inc. Chief Executive Officer William Rogers said the economy in the Southeast, which has lagged behind the U.S.
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United Continental Sued by Black Pilots Alleging Bias
May 29 (Bloomberg) -- United Continental Holdings Inc., the world's largest airline, was sued for racial discrimination by 22 black pilots who allege the company offers minority employees fewer promotions to upper management than whites.
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