Real estate crowdfunding is spreading to the U.S. hotel industry, offering individual investors perks such as room upgrades along with an interest in the property.
Computer pioneer Max Palevsky , who died in May at the age of 85, fed his art appetite for more than 40 years.
Desert Hot Springs, California, a resort town near Palm Springs, may become the first city since Detroit to seek bankruptcy protection from creditors after a sharp drop in revenue, according to a staff report.
The U.S. General Services Administration, under investigation for excessive spending at a Las Vegas conference, almost tripled its expenditures for such events from 2005 to 2010.
Greentech Energy Systems A/S, a Danish renewable-power developer, is set to make its first U.S. investment as weakening growth in Europe prompts expansion overseas.