Kayak.com, the world’s largest travel search engine, surveyed more than 1,400 users on Kayak.com and Sidestep.com this month about their travel plans for the 2008 holiday season. Despite industry warnings that travel costs will continue to rise as Thanksgiving and Christmas holidays approach, more than 63 percent of travelers have yet to book their plans. [...]
Mortgage companies, facing criticism that they aren’t doing enough to stem the housing crisis, are pledging to let troubled borrowers know whether they’re approved for help within 45 days of receiving a homeowner’s application.
The promise is expected to be announced Tuesday by the Hope Now alliance, a Bush administration-backed industry group, as part of a [...]
Lured by congressionally authorized tax credits and other financial incentives after Hurricane Katrina, a procession of developers announced plans to build high-rises.
Adding to the tension for commercial investors: Construction and insurance costs have soared.
At least one big plan — a $400 million proposal by Donald Trump to construct the city‘s tallest building — is going [...]
The former Carr’s Beach resort, where thousands of black Annapolitans enjoyed rhythm and blues during the Jim Crow era, will be recognized as part of the Annapolis Charter 300 celebration.
A waist-high plaque will be installed at the resort’s former entrance, and at 16 other sites, to reveal more of the city’s history, according to Chuck [...]
MBIA Corp., a large insurer of municipal bonds, has agreed to pay $75 million to settle an investigation by federal and New York state authorities into its accounting for a 1998 transaction, people familiar with the matter said Friday.
The individuals, who spoke on condition of anonymity because the settlement hasn’t been announced, confirmed a report [...]
The city’s public housing agency plans to ask a judge to bar anyone from entering projects without permission and will file claims against some who are trying to avert the buildings’ demolition.
Officials say damage from Hurricane Katrina has left thousands of apartments in housing projects unsafe.
Yesterday, attorneys for the Housing Authority of New Orleans e-mailed [...]
The federal government hopes to talk 100 of the country’s top firms into bringing 100 jobs each to New Orleans to help the city recover from Hurricane Katrina, the head of the federal recovery operation said.
The object is to help rebuild the city’s middle class, Donald Powell, the Federal Coordinator for Gulf Coast Rebuilding, told [...]
Canadian resort operator Intrawest Corp. has moved to add to its stable of North American ski areas, agreeing to buy Steamboat Ski & Resort Corp. from American Skiing Co. for $265 million in cash.
The acquisition, subject to regulatory approval because of antitrust issues, would increase Intrawest’s Colorado holdings to three and overall resorts to [...]
The nation’s house party ended with a thud in 2006, leaving everyone from condo flippers to
Federal Reserve chairman Ben Bernanke waiting to see what would happen next.
The sudden stall in home sales, home construction and home prices — and what that will mean for the economy — was voted the top business story of the [...]
Sunlight Mountain Resort in Glenwood Springs has agreed to be sold to a Florida development company.
General manager Tom Jankovsky says the sale to Exquisite Development is contingent upon winning approval from Garfield County for development of residential units at the base.
Jankovsky says that could mean the sale might not be completed for a couple of [...]
Singapore on Friday awarded its second casino resort contract to Genting International, whose $3.38 billion proposal promises to lure family tourists with a Universal Studios theme park and a huge outdoor marine park.
Malaysia’s Genting, partnered with Star Cruises — parent of Miami-based Norwegian Cruise Line — was chosen over two competitors largely based on its [...]
Jurors in a federal bribery case were left Tuesday to decide whether a former top state official’s use of a Florida Keys condominium amounted to extortion or was simply a kind gesture by two brokers.
Federal prosecutors accuse brokers Daniel O’Neil and Michael Lewis of making $6.7 million through a scheme to get state investment business [...]
