Zell's office company waiting out the market

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Zell's office company waiting out the market

With $3.3 billion in cash, Equity Commonwealth is poised to capitalize on COVID-related distress in the commercial real estate markets. But company executives say it’s too early to act. Alby Gallun. Tweet · Share; More. Share · Email · Reprints Print.
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Will Royal Caribbean and Norwegian Cruise Line Also Start Sailing in August?

There’s a glimmer of hope for the cruise line industry: Carnival (NYSE:CCL) (NYSE:CUK) is drawing a new line in the private-beach sand. Despite the company cancelling even more upcoming cruises on Monday — pushing out new dates until later in the …
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Vague rules for Paycheck Protection Program complicate Treasury effort to claw back money

Ambiguity in the rules governing a small-business rescue program is complicating the Trump administration’s effort to claw back money doled out under the program to publicly traded companies. The Treasury Department has asked public companies that …
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Twitter tests a warning message that tells users to rethink offensive replies

Twitter is experimenting with a new moderation tool that will warn users before they post replies that contain what the company says is “harmful” language. Twitter describes it as a limited experiment, and it’s only going to show up for iOS users. The prompt that …
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Spirit, JetBlue suspending flights to some cities amid coronavirus, DOT says

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. Federal transportation officials have cleared JetBlue and Spirit Airlines to pull flights to some cities until Sept. 30 as the coronavirus …
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