The Trump administration’s Department of Transportation has terminated its approval of the congestion pricing toll program in New York City – four months after the Biden administration gave its approval. The program was introduced in early January and charged...
The battery brand Duracell, a Berkshire Hathaway (NYSE:BRK) company, is relocating its Research and Development (R&D) headquarters from its corporate headquarters in Bethel, Connecticut, to Atlanta. The new R&D facility is scheduled to open in Summer 2026 and...
Single-family housing starts in January were at a rate of 993,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 8.4% below the revised December figure of 1.08 million. Privately-owned housing starts in...
Mortgage application activity and mortgage forbearance levels are falling, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 6.6% on a seasonally adjusted...
Bill Ackman’s Pershing Square Holdco LP has submitted a new non-binding proposal for a $900 million acquisition of Howard Hughes Holdings Inc. (NYSE: HHH). The new proposal would have Pershing Square acquire 10,000,000 newly issued common shares of HHH for $90 per...
Eleven women filed lawsuits against the Alexander Brothers, expanding the civil litigation charging the real estate family siblings with sexual assaults. The Real Deal reports most of the lawsuits accused Oren and/or Tal Alexanders for assaults that allegedly occurred...
