Traders said to plan supercharged Chicago-to-Tokyo data network
Some of the world's top trading firms have agreed to build a faster data transmission network between Chicago and Tokyo, according to a person familiar with the matter, a move...
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Citadel, Jump Trading among firms in talks to build Chicago-to-Japan link, sources say
Rival high-frequency trading firms are in talks to jointly build a Chicago-to-Japan communications link that would accelerate trading across the Pacific Ocean, according to people familiar with the discussions. The...
Tech turns Chicago’s Skid Row into country’s top office market
Chicago's River North, a district once notorious for its prostitutes and dilapidated warehouses, has become one of the hottest office markets in the United States. The neighborhood has transformed from...
Cleveland rebound good/bad news
The good news in the worst housing slump since the Depression is that the market in Cleveland is recovering. That's also the bad news. Prices for entry-level homes in Cleveland...
Problems hobble new-home recovery
New-home construction in the U.S. may take until 2011 to return to last year's level, said David Seiders, chief economist for the National Association of Home Builders in Washington. Monthly...
Market rebound too late to help builder profits
U.S. home builders, stuck with more than 500,000 unsold houses, may report the lowest earnings in five years because a rebound in the real estate market is too little too...