Ground Zero News
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Austerity is out after the euro-area recession extended to a sixth quarter, but stimulus isn’t in.
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Updated 1 hour, 46 minutes ago
Hong Kong is taking center stage on the global conspicuous-consumption circuit this week as billionaires descend on the city to choose from Angelina Jolie’s diamonds, Andy Warhol’s paintings and bottles of Romanee-Conti.
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Just a year since the U.S. housing market hit bottom after the biggest plunge in eight decades, signs of excess are re-emerging.
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Long lines of tractor-trailers filled with electronics, apparel and home-improvement goods crowd Interstate 10 through Southern California’s Inland Empire. The trucks are headed for a growing number of warehouses that are displacing the citrus groves that once dominated the area.
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The dedication this week of the George W. Bush Presidential Library and Museum was more than an opportunity for the five living U.S. presidents to compare notes on what Stefan Lorant called “the glorious burden” of the office.
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California’s political leaders believe that their efforts to reduce greenhouse gases will slow climate change around the globe. Now they want to tackle a Herculean environmental task in their own backyard.
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Joseph Lhota was Rudy Giuliani’s deputy on Sept. 11 and head of the agency that brought back the subways after Hurricane Sandy. He says that makes him the most qualified candidate to keep New York City from reverting to the days of crime and dysfunction.
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How can President Barack Obama be so right about the mosque and yet get it so wrong?
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The Dublin headquarters of Anglo Irish Bank Corp., dubbed the world’s worst bank, may swap loans for lattes under a plan to turn the epicenter of Ireland’s financial crisis into a café.
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Rising demand for high-tech, modern spaces will prevent an office glut in downtown Manhattan as new towers rise at the site of the former World Trade Center, three area landlords said.
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