NEW YORK (AP) — Hilton plans to spin off its timeshare business and most of its real estate business in a move to boost shareholder value. Its shares jumped almost 8 percent in premarket trading. The lodging company said Friday ...Read More »
WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week as anxiety over the global economy persisted. Long-term rates resumed their decline after being unchanged last week following six straight weeks of easing. Mortgage buyer Freddie Mac said Thursday ...
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MAYS LANDING, N.J. – Two people are headed to prison for their roles in a timeshare mortgage fraud scheme. Federal prosecutors say 56-year-old Francis Santore, of Northfield, and 36-year-old Alfred Giordano, of Belmar, worked for The Vacation Ownership Group ...Read More »
ATLANTA (AP) — Home Depot reported better-than-expected profit and revenue in the fourth quarter and comparable-store sales jumped as the company continues to ride a sustained recovery in the housing market. The nation’s largest home improvement retailer boosted its quarterly ...Read More »
BEIJING (AP) — Move over, New York City: Beijing is the new “Billionaire Capital of the World.” The Chinese capital has overtaken the Big Apple as home to the most billionaires — 100 to 95 — according to Hurun, a ...Read More »
NEW YORK (AP) — Office Depot Inc. swung to a fourth-quarter profit, but the results fell shy of expectations as sales fell amid a weak market for office supplies. Meanwhile, rival Staples is working to complete its buyout of the ...Read More »