The U.S. inspector general for Afghanistan objected to the finding of a military investigation that there was no wrongdoing in a decision to keep building a regional headquarters that commanders in the war zone said they didn’t need or want.
The mayor of Bridgeview, Illinois, said building a taxpayer-financed arena for the billionaire owner of Major League Soccer’s Chicago Fire would bring hotels and restaurants to his suburb. Instead, the town has more than doubled property taxes and may raise them again to pay more than $200 million in stadium debt.
Apple Inc.’s stunning new Campus 2 in Cupertino, California, will be one of Steve Jobs’ lasting legacies when completed in 2015. For better or worse, he was thinking differently to the end, striving for geographic self- sufficiency even as many other high-technology enterprises across the country were starting to return to city life. Will this approach, and the complex that embodies it, renew Apple’s culture of excellence or retard it?
Deka Immobilien GmbH, Germany’s biggest manager of property mutual funds, bought an office building in the City of London for about 500 million euros ($680 million) to benefit from rising rents in the U.K.’s biggest financial district.
Broll Ghana Ltd., the West African nation’s largest property manager, said developers will more than double the amount of retail space available in the capital within two years, pushing down prices as companies from Shoprite Holdings Ltd. to Edcon Holdings (Pty) Ltd. open stores.