The publisher of Home said it is pulling the plug on the struggling magazine. The downturn in the real-estate market has cast doubt on reader and advertiser appetite for "shelter" publications that tell people how to spruce up their homes.
Ford’s Vail Retreat Listed at $14.9 Million
The Vail, Colo., ski retreat that President Gerald Ford owned for about a quarter century is on the market for $14.9 million…Just-retired NFL star Michael Strahan paid between $1.5 and $2 million for a Manhattan loft.
Bill, that is smartest thing I have heard in a long time!
Bill Seidman, former chairman of the Federal Deposit Insurance Corpoation (FDIC), made some real sense today by calling for the break up and privatization of Fannie Mae and Freddie Mac.
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Lavish Condo Project Struggles
The struggle of 100 Eleventh Avenue, a glitzy condominium development on Manhattan's west side targeting well-heeled buyers, shows there's no such thing as a sure thing in the current wretched credit climate.
Wachovia Unloads Troubled Loans
A venture headed by LandCap is buying $40 million in troubled land and construction loans from Wachovia.
Debt Costs Stoke Fears for Freddie
Freddie Mac was forced to offer unusually rich terms in a $3 billion auction of its debt, fueling concerns about a possible bailout for the mortgage giant and its sibling, Fannie Mae.
Dubai Corporate Probes Grow
Dubai widened its probe of top corporate executives in what appears to be an effort by the government to repair the emirate's reputation.
Your Taxes at Work
The fate of a proposed $2.1 billion expansion of the Mall of America depends on how much money the City Council and the Port Authority of Bloomington, Minn., are willing to put up for infrastructure.
Housing’s Chill Hits Apartments
The specter of job losses is beginning to take a toll on apartment buildings as would-be renters are doubling up in apartments or moving in with friends and families.
Housing Downturn Hits Home Depot
Home Depot's profit fell 24% on lower sales as the home-improvement retailer struggled to sell big-ticket items. (Home Depot conference-call transcript)


