Iran’s pledge to restrict nuclear work in return for loosened economic sanctions may have a limited effect on crude prices, said analysts who called today’s 2.7 percent slump in Brent a “knee-jerk” reaction.
The first skyscraper at lower Manhattan’s World Trade Center is set to open with two days of ceremonies to mark the renewal of the area after its destruction by terrorists. When the fanfare subsides, the task will be filling the 40 percent of the tower that’s empty.
Donald J. Trump is considering real estate investments including casinos and golf courses in the former Soviet republic of Georgia, said Michael Cohen, executive vice president of the Trump Organization.
Ana Matosantos, who oversaw California’s finances under both Republican Arnold Schwarzenegger and Democrat Jerry Brown, will step down in September, according to a statement from the governor’s office.
JPMorgan Chase & Co. , Bank of America Corp. and Ally Financial Inc., defending allegations of fraudulent home foreclosures from customers and Congress, may face the most financial peril from investigations by state attorneys general.
Rambus Inc. can blame itself and not the semiconductor makers targeted in its $3.95 billion suit for the failure of a memory chip to become the industry standard, according to Intel Corp. managers who worked with the company.
Alan Howard, co-founder of Brevan Howard Asset Management LLP, saw his personal fortune climb to 1.5 billion pounds ($2.3 billion) during the past year, keeping him at the top of the annual Sunday Times list of the wealthiest U.K. hedge fund managers.