Lend Lease Group, Australia’s biggest listed property developer, fell by the most in two weeks after a fire forced work to halt at its A$6 billion ($5.4 billion) Barangaroo South development on Sydney’s harbor.
Billionaire Wilbur Ross invited Paul Ryan over for lunch. Goldman Sachs Group Inc. and Wells Fargo & Co. bankers met with Rand Paul at a fundraiser in Atlanta. Investor Rob Arnott dropped in on Ted Cruz.
Mayor Bill de Blasio’s vision of raising income taxes to pay for pre-kindergarten and after- school programs would generate $530 million a year. By revamping property taxes -- and taking on some of New York’s richest residents -- he could get eight times as much.
USA Basketball plans to move to Arizona after 35 years in Colorado. The first step is building parking facilities, which may not generate enough money to repay the municipal bonds financing the construction.