Eddie Lampert Makes $4.6 Billion Bid to Keep Sears Alive

Eddie Lampert Makes $4.6 Billion Bid to Keep Sears Alive

Lampert teamed up with hedge fund Cyrus Capital Partners this month to prepare a joint bid, Bloomberg News reported earlier. As for the new debt,
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Sen. Merkley Says There's No Reason Lawmakers Should Be Trading Stocks

… the legislation preventing insider trading among government officials. He speaks with Bloomberg's Kevin Cirilli on “Bloomberg Markets: The Close.
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Oil Analyst Sankey Sees OPEC Cuts Stabilizing Market Short-Term

… examines what production cuts from OPEC+ can mean to the global oil market. He speaks with Bloomberg's Jonathan Ferro on “Bloomberg Markets:
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BofA Sees Cash as King in 2019 Markets

… looks forward to 2019 markets where cash competes with equities as an asset class. She speaks with Bloomberg's Jonathan Ferro on “Bloomberg
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China Is Lead Suspect in Marriott Hack, Reuters Reports

… in this investigation are figuring out what occurred and how we can best help our guests,” a Marriott spokesperson told Bloomberg News by email.
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Asian Billionaires Face IPO Test as Markets Continue to Tumble

SoftBank is sticking to the plan and doesn't currently see a need to change the price, Bloomberg News reported this week. The offering, which stops
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Senators Call for Ban on Tactics That Devastate Small Businesses

Brown said he read a series of articles published by Bloomberg News about how lenders are using confessions to squeeze small-business owners.
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Ikea's Parent Company to Build $1.2B China Mall — Its Biggest Investment Yet

Ingka Holding BV, parent of the world's largest home-furnishings retailer Ikea, has started construction on a $1.2 billion shopping mall in Shanghai that
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Why Trade Trumps OPEC for Global Oil Market

… examines the factors weighing on the global oil market. He speaks with Bloomberg's Guy Johnson on “Bloomberg Markets.” (Source: Bloomberg)
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MOAA to Family Readiness Council

11, the Military Officers Association of America will present recommendations on two key issues: the Military Lending Act (MLA), and health and safety
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Bloomberg News worried over how it would cover candidate-owner: report

Some reporters at Bloomberg News worry about how they would cover would cover their boss Michael Bloomberg should he launch a bid for the
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Brown and Rubio Announce Legislation to Protect Small Businesses From Predatory Lenders

The Small Business Lending Fairness Act closes the loophole, and provides small businesses with the same protections consumers already have.
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US mortgage rates drop last week

For the same period a year ago, the 30-year FRM averaged 3.94 percent, according to Freddie Mac. “Mortgage rates declined this week amid a steep
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BlackRock: Now's the time for investors to play defense

Meanwhile, the U.S. housing market continues to weaken, and this is bad for more than just the beleaguered home builders. Because new home
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2019 Property Assessments Will Reflect BC's Shifting Housing Markets

The soon to be released 2019 property assessments are based on what was happening in the real estate market as of July 1 this year.
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Jim Fagan: Westchester County commercial real estate market undergoing transformation

The Westchester County commercial real estate marketplace continues its progression toward modernization and becoming stronger from an
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Markets Have No Time for Good Economic News

Markets Have No Time for Good Economic News …. created attractive valuations, according to Bloomberg News's Aline Oyamada and Netty Ismail.
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OPEC Talks End Without Oil-Cuts Deal as Russia Holds Back

… itself could only manage a small cut, Nigeria's oil minister, Emmanuel Kachikwu, said in a Bloomberg television interview before the meeting.
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Miami-Dade church faces $3M foreclosure lawsuit

Later that year, HEMC sold the property for $3 million to Centro Cristiano and provided a $2.7 million mortgage as seller financing. The interest rate
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Seattle-area home prices drop again – down 11 percent in last six months

The cool-down in the King County real-estate market has now reached six months, and the drop in home prices over that span is among the largest on
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