Real Estate News

Prosecutors drop all remaining charges in Freddie Gray case

27 Jul 2016 10:19:43

BALTIMORE (AP) — Prosecutors dropped the remaining charges Wednesday against three Baltimore police officers awaiting trial in the death of Freddie Gray, bringing an end to the case without a conviction.


UK retailers report biggest fall in sales in four years after Brexit vote

27 Jul 2016 10:14:18

By David Milliken LONDON (Reuters) - British retailers suffered their sharpest fall in sales in four years after last month's vote to leave the European Union, raising doubts about the ability of consumers to stave off a Brexit recession. The Confederation of British Industry said sales fell sharply between June 28 and July 14 and retailers cut orders with suppliers by the most since the 2008-09 financial crisis. "If you are looking for a relatively resilient consumer as we are then it's not particularly encouraging." The Bank of England is expected to cut interest rates next week for the first time since 2009 and Chancellor Philip Hammond reiterated on Wednesday that the government was ready to support the economy as it went through a "period of adjustment".


May says model for Brexit deal may not exist yet

27 Jul 2016 10:14:09

By Gavin Jones ROME (Reuters) - Britain's future ties with the European Union may not mirror any of the existing relationships between non-EU countries and the bloc, Prime Minister Theresa May said on Wednesday after meeting her Italian counterpart. The Financial Times reported on Wednesday that international trade minister Liam Fox was pressing May to pull out of the EU's customs union, an area in which there is free movement of goods but where tariffs are imposed on external borders. Fox has said a free trade agreement with the EU was more likely than staying in the customs union, which could restrict Britain's ability to negotiate lower tariffs with other trading partners, the Wall Street Journal reported on Tuesday.


Long-time Lilly CEO Lechleiter to retire in December

27 Jul 2016 10:14:04

Eli Lilly Chairman and CEO John C. Lechleiter will retire in December after leading the drugmaker through a challenging period in which it lost U.S. patent protection for several top-selling products.


Latest: Southern California fire now 40 percent contained

27 Jul 2016 10:12:49

BIG SUR, Calif. (AP) — The Latest on California wildfires (all times local):


EU judges group says Turkey crackdown is attack on judicial independence

27 Jul 2016 10:11:43

Top judges of European Union member states called on Turkey on Wednesday to respect the rule of law, saying the dismissal of thousands of judges following an attempted coup was an attack on the independence of the judiciary. Turkey has suspended, detained or placed under investigation more than 60,000 soldiers, judges, teachers, journalists and others suspected of ties to the movement of U.S.-based Muslim cleric Fethullah Gulen following the failed July 15-16 coup. The EU judges, in a statement, said they were concerned at reports that more than 2,700 members of the judiciary had been removed and the death penalty might be restored in Turkey.


South Africa's ANC likely to lose local vote in major cities: polls

27 Jul 2016 10:11:03

By Mfuneko Toyana SOWETO, South Africa (Reuters) - South Africa's ruling African National Congress (ANC) looks likely to lose major urban areas it has held since coming to power in 1994 at the end of apartheid, opinion polls ahead of next week's local elections showed. The economic hub of Johannesburg, the capital Pretoria and Nelson Mandela Bay on the east coast, could all fall to the main opposition party, Democratic Alliance, on Aug. 3, according to polls published last week by Ipsos.


Iraq: Attacks kill at least 14; province takes on militants

27 Jul 2016 10:07:54

BAGHDAD (AP) — Militants unleashed a series of attacks Wednesday in and around Baghdad, killing at least 14 people, officials said. South of the Iraqi capital, a provincial council approved a decision allowing authorities to demolish homes of convicted militants and banish their families from the province.


Charges dropped against remaining Baltimore officers in Freddie Gray case: media

27 Jul 2016 10:07:51

WASHINGTON (Reuters) - Prosecutors dropped charges against the remaining three police officers in connection with the death of black detainee Freddie Gray, the Washington Post and CNN reported on Wednesday.


Butter sculpture offers Cavs fans new way to savor NBA title

27 Jul 2016 10:06:28

COLUMBUS, Ohio (AP) — Fans of the Cleveland Cavaliers now have a new way to savor the team's NBA title.

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