In a market where building new apartments is hard and expensive, one developer has chosen to buy old ones instead. Bozzuto Group teamed up with Invesco to put a billion dollars into existing multifamily homes on the East Coast. These buildings have lost value but can be refreshed and made competit
A big change is coming to downtown Sioux Falls. The city’s leaders and the head of Smithfield Foods said that the company will leave its old plant near Falls Park for a new, larger site in an industrial area up north. The current facility has been there since 1909 and was bought by Smithfield in 199
Sprouts Farmers Market is opening new stores in Florida, with locations announced for Daytona Beach and Clermont. The chain plans to launch a third outlet in Naples next month, followed by openings in Lecanto and Lake Nona. A future store is slated for New Smyrna Beach, expected to start in 20
The city’s food safety team recently inspected a range of restaurants and other venues, uncovering serious hygiene problems that led to closures for four establishments. The inspectors used a color‑coded system: green means safe, yellow signals problems that must be fixed, and red indicates major vi
South African clothing store Truworths International posted a modest increase in its earnings for the first half of the year. The company’s main profit figure, called headline earnings per share, went up by 1. 3 percent to 495. 4 cents. Last year the same period saw a drop of 4. 6 percent, so
Paragraph 1: In the night trade, soybean futures edged up a touch. The lift came as soybean meal stayed strong and worries about wet weather in Brazil grew louder, which could delay the crop’s harvest. Paragraph 2: Rain forecasts for northeastern Brazil predict several inches of water, slowin
Paramount’s streaming arm wrapped up the year with a total of 79 million subscribers, a milestone that shows steady growth in a crowded market. The company’s chief financial officer announced that revenue from the service reached $2. 2 billion over recent months, up 10 percent compared with the s
ONEOK’s share price slipped in Wednesday trading after an analyst lowered the company’s rating from “Outperform” to “Peer Perform. ” The downgrade came after a weak fourth‑quarter report and modest outlook for the full year, prompting concerns about future expansion. The firm’s earnings in Q4 fel
Zoom’s latest earnings hint that the company may not meet analyst expectations for this quarter. The firm’s stock slipped almost 3 % after hours, reflecting investor concern about its future growth. The platform’s big‑business side remains solid, but its consumer and small‑biz segment is still unde
The company in France announced that its sales grew only a tiny amount last year, but profits fell sharply. The drop was caused by high tariffs in the United States, swings in currency values and a tough market for professional kitchen equipment. The decline eased toward the end of the year as tho
