Floating 'Doomsday Bunker' Island Concept for Sale at $450 Million
Business & Markets • 2 months ago
The unbuilt 'Adaptive Atoll' in the Maldives is designed as an eco-conscious, rising resort for ultra-wealthy individuals.
Business & Markets News
Napa Valley's Signorello Estate Winery Faces Foreclosure, Public Auction
Business & Markets • 2 months ago
More than $37 million in debt tied to construction loans and the winery's assets could lead to the sale of the fire-damaged estate.
IKEA Hosts 'Meatballbecue' in Southern California
Business & Markets • 2 months ago
The furniture retailer is celebrating its signature Swedish meatballs with a special barbecue event at its Covina store.
La Colombe Launches Pumpkin Spice Latte Weeks Before Starbucks
Business & Markets • 2 months ago
The Philadelphia-based coffee chain is debuting its seasonal drink on August 4, beating Starbucks to market by several weeks.
Jeweler Priced Out of Liverpool Christmas Market Amid Operator Changes
Business & Markets • 2 months ago
A silversmith reports a near doubling of stall costs, forcing her to skip the event for the first time in five years.
Private Equity Firms Accelerate IPOs Amid Strong Market Demand
Business & Markets • 2 months ago
Firms are increasingly turning to the public markets for company exits as traditional dealmaking slows.
Stop & Shop to Close Approximately 40 Stores as Part of Turnaround Strategy
Business & Markets • 2 months ago
The grocery chain, owned by Ahold Delhaize, is closing underperforming locations and shifting focus to e-commerce fulfillment from store shelves.
Singaporean Billionaire Sues Brookfield Over Alleged Deal Sabotage
Business & Markets • 2 months ago
A Singaporean real estate executive claims Brookfield Asset Management wrongfully terminated a joint venture agreement and pursued a property deal independently.
Sweetgreen Shares Tumble Amid Cyclospora Fears and Jalapeño Recall
Business & Markets • 2 months ago
The salad chain's stock dropped 10% as it reported a wider full-year loss and warned of decreased consumer demand due to a multistate outbreak of cyclosporiasis, while also removing jalapeños amid a separate salmonella scare.