IBT Staff Reporter

Pebblebrook Hotel Trust, a real estate investment trust, plans to raise up to $402.5 million in an initial public offering to buy high end hotels in major U.S. cities, according to a regulatory filing.

RioCan, the largest real estate investment trust in Canada, is getting closer to a major move into the United States -- even getting RBC Dominion Securities' opinion on a potential deal, the Financial Post reported on Monday.

DBS Group, Southeast Asia's biggest lender, has pulled out of the race to buy ING's private banking unit in Asia, as it did not want to pay a premium for the business, a source with knowledge of the deal told Reuters.

Within weeks of taking office, U.S. President Barack Obama rode to the rescue of homeowners resigned to financial ruin.

Move over, Astro Boy and Iron Man -- Bat Boy could be stepping up to the plate soon.

It's hard to imagine a film that's taken a more circuitous route to awards season, or a public screening, than the Canadian heavy-metal documentary Anvil: The Story of Anvil.

Johnson Controls Inc said on Tuesday that it expected higher sales in each of its divisions next year as global auto production recovers, U.S. stimulus efforts pay off and emerging markets improve.

General Motors Co GM.UL may finalize a deal this week to sell a majority stake in its European carmaking arm Opel to a Canadian-Russian consortium, its chief executive said on Tuesday, as the firm sheds unwanted brands.

So many films take tortuous years of dealmaking to reach the screen that it's reassuring to find a project that came together practically overnight.

Domino's Pizza Inc reported a higher-than-expected quarterly profit on Tuesday, boosted by lower interest expense and tighter cost controls.

Japan Airlines Corp plans to ask creditors for 250 billion yen ($2.8 billion) worth of debt forgiveness and debt-for-equity swaps and will also seek 150 billion yen in capital, a source familiar with the matter said.

Charlize Theron has opted out of the thriller The Tourist, to which she has long been attached, and sources say Angelina Jolie is in talks to replace her.

U.S. agribusiness and trading company Cargill Inc reported a 65 percent drop in quarterly profit on Tuesday, hurt by plunging earnings at fertilizer maker Mosaic Co, in which Cargill is the majority shareholder.

If you are what you eat, you may also be a product of where you live: Living in a neighborhood where it's pleasant and easy to walk and fresh fruits and vegetables are close at hand can slash a person's

Johnson & Johnson posted weaker-than-expected quarterly revenue on Tuesday as sales of prescription drugs and cardiac stents disappointed, sending its shares down more than 2 percent.

The scars of childhood cancer may go beyond the physical: Adults who survived cancer as children may have lower-than-average likelihood of getting married, a new study suggests.

Stock futures turned mostly lower on Tuesday as Johnson & Johnson's third-quarter sales figures disappointed investors, offsetting a lift from higher commodity prices that rose with the weaker U.S. dollar.

British entrepreneur James Dyson, who famously brought sex appeal to the lowly household vacuum cleaner, is back with another high-tech invention: but does the world really need a $300 room fan?

People who live in neighborhoods with safe sidewalks, ample parks, good public transportation and ready access to fresh fruits and vegetables are 38 percent less likely to develop diabetes than others, U.S. researchers said on Monday.

Bank of America-Merrill Lynch has hired Tan Chong Lee, who was last at Goldman Sachs, as its head of Southeast Asia investment banking, two sources familiar with the matter said on Tuesday.

Once swine flu patients are sick enough to need hospital care, they decline very fast, requiring ventilators and advanced treatments that quickly strain scarce hospital resources, several teams reported on Monday.

Alas, the reigning champ of Twitter vitriol has decided to hang up her boxing gloves.

Michael Jackson didn't do it his way after all.

With the undead of Zombieland stalking the box office, one person involved with the picture may be enlivened more than any character on the screen: director Ruben Fleischer.

Country star Carrie Underwood is returning to Fox, the network that catapulted her to stardom with American idol, to host a variety special.

Matthew Perry is returning to broadcast television with an untitled comedy he will star in, co-write and executive produce.

Bank of America Corp agreed to give regulators more information about why it refrained from disclosing details about Merrill Lynch's performance before it bought the investment bank, federal regulators said on Tuesday.

Elvis Presley fans keen to own a chunk of their idol now can: locks of what is claimed to be The King's hair are up for auction next week.

Domino's Pizza Inc (DPZ.N) reported a higher-than-expected quarterly profit on Tuesday, boosted by lower interest expense and tighter cost controls.