Robert Davis News
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London Mayor Boris Johnson blocked the development of 25 luxury apartments in the city’s Mayfair district because the homes would be too big, signaling a luxury development boom in the city center may face new limits.
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Billionaire property investors David and Simon Reuben can develop what’s likely to become the U.K.’s most expensive home after winning approval for a plan to convert a former members-only club near London’s Ritz Hotel.
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Mazda Motor Corp. says it’s making “real-world” fuel-efficiency a core attribute of a brand that mainly touts sporty handling as the Japanese carmaker seeks to lift U.S. volume 74 percent by mid-decade from last year.
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A Michigan appeals court canceled a judge’s order barring a Detroit financial review team from meeting to discuss the city’s fiscal crisis.
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Michigan Governor Rick Snyder named Washington lawyer Kevyn Orr as emergency manager to lead Detroit out of a financial crisis that threatens to make it the largest municipal bankruptcy in the U.S.
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Michigan officials appealed a state court order barring a Detroit financial review team from meeting to discuss a possible plan to address the city’s fiscal crisis, asking for immediate consideration.
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A federal judge said municipal workers unions can’t stop Michigan Governor Rick Snyder and Detroit from entering into an agreement over the city’s fiscal crisis.
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A Michigan judge permanently barred a review team studying Detroit’s finances from holding closed- door sessions, handing a legal victory to city employees.
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A Maryland public pension fund was named lead plaintiff in a consolidated shareholder lawsuit against Toyota Motor Corp. accusing the carmaker of failing to disclose defects related to sudden-acceleration of its vehicles.
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Michigan officials said they will appeal a court ruling requiring a judge’s pre-approval for implementation of any agreement between Detroit and a state financial review team to address the city’s financial crisis.
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