Larry Kennedy was rooting against the New England Patriots this week, and not just because they often beat his favorite team, the Buffalo Bills. He figured a Denver Broncos win would provide a better chance to make money renting out his Manhattan apartment for the Super Bowl.
Starbucks Corp., the world’s largest coffee-shop chain, posted first-quarter sales that trailed analysts’ projections as weakening consumer confidence and more online holiday shopping slowed U.S. growth.
Danish drugmaker Novo Nordisk A/S quit the Innovative Pharmaceutical Association of South Africa amid disagreements over a proposed publicity campaign against new laws that favor cheaper generic drugs.
EBay Inc. said activist investor Carl Icahn has proposed splitting off its PayPal online payments unit and is nominating two of his employees to join the board, as the largest online marketplace reported holiday quarter sales that missed analysts’ estimates.
United Continental Holdings Inc., the biggest U.S. airline on flights to Asia, said a benchmark revenue measure may show little growth this quarter amid a slowdown in bookings for trans-Pacific travel.
In Seattle, 51 percent of the population rents and the remaining 49 percent are homeowners. And in the past year the Seattle real estate market has seen an 8.4 percent increase in value, with a median sales price of $421,900, according to Zillow.