Money News


Prologis Purchases KTR Capital for $5.9 Billion

Industrial real estate manager Prologis agrees to buy KTR Capital for $5.9 billion

In Berlin, Alexanderplatz is Hot Again --- This Time for Architects

For nearly half a century the tallest building in Berlin has been a relic of its Soviet past. The Park Inn, a slender glass and concrete hotel in Alexanderplatz, was erected in the late 1960's to mark East Germany???s 20th anniversary. The 410-foot tall edifice, called Hotel Stadt Berlin at the time of its construction, can still be seen across much of the low-slung German capital today, standing in the shadow of the city???s television tower, the iconic sphere that stands just over 1,200 feet. Yet as Berlin???s property values continue to soar - rising faster than any German city over the past five years - residential developers are set to challenge the Park Inn???s elevation supremacy. Two international builders have unveiled plans to erect skyscrapers at Alexanderplatz that will stand nearly 500-feet high and house some of the most expensive property in the city. Russian developer MonArch AG, one of Moscow's largest builders, plans to construct a sleek glass and steel tower that will...

Studies: Merck Drug Keytruda Effective Against 3 Cancers

Studies: Merck's Keytruda effective in 3 cancers, beats Bristol-Myers' Yervoy in melanoma

China's Central Bank to Cut Bank Reserve Requirement

China's Central Bank to cut bank reserve requirement by 1 point to stimulate slowing economy

Why We Should Kill the Social Security Number

Tax-related identity theft is expected to get worse in coming years. So why are we still using Social Security numbers to identify taxpayers?

Photos: Carmen Electra Lists LA Home

She's asking $2.699 million.

5 Essential Spending Tips for Vacationing With Friends

It can be tricky to navigate trip planning and financing, but vacationing with friends can be fun and frugal.

US Oil and Natural Gas Rig Count Drops by 34 to 954

US oil and natural gas rig count drops by 34 to 954 as oil prices slump; down 15 in Texas

GE Posts $13.6 Billion Loss on Finance Unit Sale

General Electric posts large loss on sale of finance unit; earnings from core unit slips

Why Banks Made More Money Last Quarter

Bank profits are up, with a lot a help from trading and a bit of a boost from consumers

Business Highlights

Business Highlights

Amazing Images of the 15 Most Expensive Streets in America

The most expensive street in the country doesn't have paparazzi hiding on every corner or streets of gold. The surprising street is on a small private island in Biscayne

Watch: Crude Reality: Lower Oil Prices Hit U.S. Drillers

U.S. energy producers are pumping out 9.3 million barrels of oil a day, up nearly 100% from 2008 levels. However, the Wall Street Journal reports there are growing signs that lower oil prices are prompting producers to cut back on supply.

Why One Mom's Blog Post About Direct Sales Schemes Hit a Nerve

One woman outside Houston is putting the brakes on friends who try to sell her nail art, skincare and kitchen goods, or so-called multi-level marketing products.

This Homeless Man Just Discovered His Forgotten Bank Account Collecting Pension

A homeless man in Tampa, Florida, discovered a forgotten bank account, which had been collecting pension over the years, police said.

These Are the Shows Spurring Netflix to 'World Dominance'

Netflix has not only taken over one in three households with its old and new video offerings, but it's on the road to world domination, literally.

Watch: 4 Ways To Attract "The One" to Your Online Dating Profile

Zoosk CEO reveals how successful online daters attract their matches on Real Biz with Rebecca Jarvis

Watch: #1 Tip to Finding Your Soulmate Online

Zoosk CEO reveals insider tips to meet your match online

Watch: Click Here if You're Having Trouble Finding Lasting Love Online

Confessions of a an Online Dating CEO. Zoosk's Top Exec Talks Real Biz with Rebecca Jarvis.

Watch: Japan, Not China, Is Now the Top Holder of US Treasury Debt

China's holdings of $1.22 trillion in U.S. Treasuries make it the No. 2 holder of U.S. debt, second to Japan. China had been the top foreign holder of U.S. Treasuries since 2008.

Woman Watches in Horror As Prepaid Debit Account Drained by Thieves

The ABC News Fixer lends tips for people considering prepaid cards.

Watch: Europe Goes After Google

Google is in the crosshairs of the European Union as regulators formally accuse the company of anticompetitive behavior, claiming Google abused its dominance in online search.

What to Do If You Miss Today's Tax Deadline

For an extension: You can use the Free File link on IRS.gov, or designate a payment as an extension payment and making it via one of the IRS e-payment methods.

Watch: Tax Tips: What Happens If You Miss the April 15 Deadline?

If you miss the deadline for filing your federal taxes, you could face both interest and penalties that can add 25 percent to your tax bill.

Watch: Billionaire Pete Peterson Lays Out Challenges For Our Next President

Rebecca Jarvis goes one-on-one with Blackstone co-founder & Former Secretary of Commerce Pete Peterson.

Watch: Billionaire Pete Peterson Says This is the Biggest Challenge Facing the Next U.S. President

Former Secretary of Commerce reveals who he thinks is the strongest leader to fix America's issues on Real Biz with Rebecca Jarvis.

Watch: Beauty at Your Doorstep

V??nsette CEO Lauren Remington Platt explains how she bootstrapped her at-home hair & makeup service.

Stolen Tax Refund Scam: What to Do If You're Among the 100K Victims

You may be feeling great that you've filed your taxes before the deadline, but make sure you're not among those whose tax refunds will be stolen.

Photos: Homes for Sale with Eye-Catching Powder Rooms

Homes for Sale with Eye-catching Powder Rooms

Weird Tax Deductions Paid Off for These People

Two out of three taxpayers have already filed their taxes, but if you're that remaining third, don't be tempted to pull tax savings out of thin air. But there are some st

Some Pet Owners Game the System to Fly Pets for Free

Emotional support animals can help people suffering from anxiety, but some pet owners are gaming the system to travel with their everyday pets.

Photos: Homes For Sale: 2,500-Square Feet Under $250,000

From Washington to Pennsylvania, fill these spacious homes for under $250,000.

'Smart Homes' Are Still Catching Up to Cloud Living

Can the technology used to turn our homes into wireless nerve centers stand up to a professional hacker?

How to Make Clothing Return Process Wrinkle-Free

ABC News Fixer reader labors to get refund on pricey leather jacket.

2015 Tax Tip: Affordable Care Act's Impact on Tax Season

The Affordable Care Act is bringing the biggest change to the tax code in 20 years.

How to Get the Premium Tax Credit From the Affordable Care Act

If you bought into the Affordable Care Act, you may end up paying some money back when filing your tax return.

Winning in the Stock Market Has Tax Consequences

Are you prepared to pay your capital gains?

How to Prevent a Tax Audit

The chances of receiving an audit notice from the Internal Revenue Service are lower than most people think.

The Tricky Thing About Medical Marijuana and Your Tax Return

Twenty-three states and the District of Columbia have legalized medical marijuana, but don't expect to use it as a write-off on your federal tax return.

What Same-Sex Couples Should Know About the Tax Code

Filing joint taxes isn???t just for traditional married couples anymore.

Take This (Fake) Job and Shove It: How to Spot an Employment Scam

More tips for National Consumer Protection Week.

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