Commercial

The banking worries in the US this week were triggered by:New York Community Bancorp cutting its dividend on higher capital rules and commercial strainA Japanese bank reporting unexpected losses on US commercial real estateDeutsche Bank…

Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated PressMichael CaseyPublished Jan 30, 2024  •  4 minute read Article contentBOSTON (AP) — Two current and two former Massachusetts State Police troopers were among six…

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GM, Honda venture launch commercial production of fuel cell power system Detroit’s General Motors (NYSE:) announced alongside Honda (NYSE:) on Thursday that they have initiated the shipment of fuel cell power systems to customers…

Nasa has unveiled a one-of-a-kind quiet supersonic aircraft as part of the US space agency’s mission to make commercial supersonic flight possible. In a joint ceremony with Lockheed Martin Skunk Works in Palmdale, California, on…

© Reuters. JER Investors Trust Inc. Files for Bankruptcy Amid Commercial Real Estate Crisis Quiver Quantitative - JER Investors Trust Inc., a mortgage real estate investment trust (REIT), has filed for Chapter 11 bankruptcy…

VanEck, a prominent investment management firm, has unveiled a interesting new Bitcoin commercial, stirring excitement and speculation within the Bitcoin community. The release comes amidst mounting anticipation surrounding the possible…

More trouble awaits the commercial real estate market next year, and it comes down to weak growth and high interest rates that will push property values down even further, according to a new report.  Commercial real estate property…

Bitwise, the aspiring applicant for a spot Bitcoin ETF, has unveiled a captivating commercial aimed at advocating for it's upcoming Bitcoin Exchange-Traded Fund (ETF), if approved by the Securities and Exchange Commission (SEC). "A…

© Reuters. FILE PHOTO: The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo (Reuters) -Beleaguered Chinese property…