China’s Property Crisis Blew Up Investments That Couldn’t Lose Citic said its new fund was as safe as they come because it would invest in real estate. Then the developer defaulted and the projects stalled.
Family Split at LG, a South Korean Giant, Tests Corporate Succession A lawsuit pitted the former chairman’s widow and daughters against the son he adopted, challenging the patriarchal traditions of a $10 billion conglomerate.
A Windham Mountain Ski Resort Rebrands, and Some Locals Feel Left out The Windham Mountain Club, with $200,000 memberships, is looking to seize on the potential of luring the wealthy from New York City.
Sheikh Nawaf, Emir of Kuwait, Dies at 86 The sheikh was defense minister when Iraq invaded his tiny but oil-rich country, and became ruler in his 80s.
Sheikh Nawaf, Emir of Kuwait, Dies at 86 The sheikh was defense minister when Iraq invaded his tiny but oil-rich country, and became ruler in his 80s.