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US Democratic Congresswoman Karen Bass finished solidly ahead of her rival, billionaire real estate developer Rick Caruso, in the final tally of the Los Angeles mayoral primary, a reversal from early results.
Boris Johnson is exploring plans to offer British home-owners longer mortgages that can be passed between generations, the latest move by the government to stimulate housing demand.
A group of Adler Group SA bondholders escalated a fight with the embattled landlord, urging management of a subsidiary to quit after a recent property deal that the investors say could make it harder for them to get their money back.
Investment firm Bain Capital agreed to purchase a building in London at the center of an alleged fraud against the Vatican.
In an inflation-lashed world where bonds are posting record losses, Wall Street issuers are betting investors hungry for income will instead lavish their millions on ETFs that ride stocks in order to deliver payouts.
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