Manhattan apartment sales worst on record, biggest plunge in 30 years

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Manhattan apartment sales worst on record, biggest plunge in 30 years

Manhattan apartment sales in the second quarter fell by 54%, the largest percentage decline in 30 years, according to a report from Miller Samuel and Douglas Elliman. The median sales price fell 18% to $1 million, which is the biggest decline in a decade.
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Self-driving trucking service launched from Phoenix, other Southwest cities

A technology company that has tested self-driving trucks in Arizona launched the world’s first autonomous freight network Wednesday, starting with routes to and from Phoenix and Tucson. TuSimple already has tested its autonomous trucks, with humans on …
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PG&E Stock Is Climbing to Start Its First Day Out of Bankruptcy

Pacific Gas and Electric shares were on track to open higher on the California utility’s first day of trading after emerging from bankruptcy. PG&E (ticker: PCG) filed for Chapter 11 reorganization in January 2019 after its equipment was found to have caused …
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Exxon signals second quarterly loss in a row on production, refining hits

HOUSTON (Reuters) – Exxon Mobil Corp’s (XOM.N) oil and gas producing and refining businesses will report operating losses in the second quarter, it said in a regulatory filing on Thursday, setting the stage for the company to post another quarterly loss this …
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Coty changes CEO again, hires former L'Oreal executive to revive sales

(Reuters) – Coty Inc (COTY.N) on Thursday named former L’Oreal executive Sue Nabi as its chief executive officer, its fifth since the cosmetic maker’s multi-billon dollar deal with Procter & Gamble (PG.N) nearly five years ago. FILE PHOTO: A screen displays …
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