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Record Miami Land Sale Collapses Amid Slowdown
Business

Record Miami Land Sale Collapses Amid Slowdown

Even the hot Miami commercial real-estate market is being slowed by high interest rates and tight credit. Source link

Iranian Oil Is Stuck off Coast of Texas, but U.S. Firms Won't Touch It
Business

Iranian Oil Is Stuck off Coast of Texas, but U.S. Firms Won't Touch It

Companies that manage unloading tankers say they are too worried about Iranian reprisal to handle the captured oil on the Suez Rajan. Source link

To Treat Extreme Heat, Ice-Packed Body Bags and Wet Gowns
Business

To Treat Extreme Heat, Ice-Packed Body Bags and Wet Gowns

Ice, water and fans are among the remedies for nausea, muscle cramps and comas caused by high body temperatures. Source link

Lockheed Martin Projects Higher Sales as War Boosts Orders
Business

Lockheed Martin Projects Higher Sales as War Boosts Orders

The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link

Shoppers Likely Spent More Last Month as Inflation Eased
Business

Shoppers Likely Spent More Last Month as Inflation Eased

Economists expect June retail sales growth to be the strongest since January. Source link

Big Four Accounting Firms Pare Their Consultant Ranks in Postpandemic Reversal
Business

Big Four Accounting Firms Pare Their Consultant Ranks in Postpandemic Reversal

Professional-services giants are facing the consequences of aggressive hiring over the past two years, coupled with less attrition than they expected. Source link

The $236 Billion Enigma Dominating Abu Dhabi's Stock Market
Business

The $236 Billion Enigma Dominating Abu Dhabi's Stock Market

Conglomerate IHC now represents about 30% of the exchange’s value after a steep ascent in the company’s shares. Source link

Peacock Becomes Latest Streaming Service to Raise Prices
Business

Peacock Becomes Latest Streaming Service to Raise Prices

NBCUniversal said its ad-supported plan will increase $1 a month, while the ad-free tier will go up $2 to $11.99 a month. Source link

Want to Live in London? Write Your Future Landlord a Love Letter
Business

Want to Live in London? Write Your Future Landlord a Love Letter

Renters in the hot market audition with personal statements—including boasts about 5K races—to win over owners. It’s “a dance.” Source link