Innkeepers USA Trust , a U.S. real estate investment trust with interests in about 73 hotels, is getting ready for a possible bankruptcy filing after missing debt payments earlier this month, according to four people familiar with the matter.
Innkeepers USA Trust , a U.S. real estate investment trust with interests in about 73 hotels, is getting ready for a possible bankruptcy filing after missing debt payments earlier this month, according to four people familiar with the matter.
Stocks rose late on Monday as investors reassessed the potential damage of the fraud case against Goldman Sachs and earnings optimism grew.
Stocks rose late on Monday as investors reassessed the potential damage of the fraud case against Goldman Sachs and earnings optimism grew.
U.S. regulators on Friday seized eight banks with assets totaling more than $6 billion, raising the tally this year to 51 failed banks and adding to the carnage of small institutions that is expected to peak this year.
NEW YORK (Reuters Life!) - After idling for decades, train travel in the United States, while not quite out of the station, is beginning to work up a healthy head of steam.
Top Federal Reserve officials on Thursday showed little urgency about softening the central bank's commitment to hold rates low for a long time, suggesting the Fed will repeat the pledge when it meets late this month.
U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.
Jeffery Stone and his wife Janette Diller Stone, one-time operators of a now-defunct New York investment firm called Crescent Fund, are not on any government most wanted list. And they aren't exactly hiding, either. But the former Greenwich, Connecticut, residents owe U.S. regulators nearly a half-million dollars in fines and restitution for their part in a five-year-old penny stock manipulation ...
Spring could signal a rebirth for the long suffering U.S. housing market even as the economy's weakest link is stripped of government life support.
(Reuters) - Five more states are joining a Florida-led group of states in a lawsuit challenging President Barack Obama's overhaul of the U.S. healthcare system, Florida's attorney general said on Wednesday.
Vacancy rates at U.S. shopping centers and malls rose to the highest levels in at least 10 years in the first quarter, accompanied by a drop in rents that wiped out years of growth, research firm Reis Inc said on Wednesday.
AutoNation Inc, the largest U.S. auto dealership group, raised its first-quarter earnings forecast on Tuesday and left revenue and other outlooks intact, sending its shares up nearly 3 percent.
Optimism about an improving labor market and corporate profits could propel U.S. stocks higher this week as earnings season approaches.
Optimism about an improving labor market and corporate profits could propel U.S. stocks higher next week as earnings season approaches.
Optimism over corporate profits and an improving labor market could propel U.S. stocks higher next week as earnings season approaches.
A baby in Florida was born with a rare condition that has left her without eyes.
The Obama administration on Monday unveiled another bailout program for troubled homeowners, pledging to divert $600 million in housing rescue funds to 5 more states on its list of hardest-hit markets.
(Reuters) - Bingeing on high-calorie foods may be as addictive as cocaine or nicotine, and could cause compulsive eating and obesity, according to a study published on Sunday.
The U.S. Corporation for Public Broadcasting launched a $10.5 million project on Thursday to increase regional reporting, filling a growing gap due to cutbacks in the news industry where profits have tumbled.
Toll Brothers Inc, which dominates the market for large, expensive houses known as McMansions, is shrinking its square footage as the worst housing market downturn since the Great Depression grinds on.
(Reuters) - A jubilant President Barack Obama signed the most sweeping U.S. social policy legislation in decades into law on Tuesday, putting his name on a healthcare bill that will help shape his legacy and the Democrats' chances of holding on to power in Congress.