CVS Health plans to buy Aetna for $69 billion, according to The New York Times. The $207/share purchase will include $145/share in cash and the remainder in newly issued CVS stock. Therefore if you are searching for the anti-impotency solution … Continue reading →
In an effort to stanch the rising cost of housing and cool pressure on existing infrastructure, New Zealand’s new coalition government intends to cut immigration and ban non-resident foreign buyers from purchasing existing homes in the country. According to the
Continue reading →The DC Council is considering a bill that would direct the city to prepare and make public every six months a list of dilapidated properties owned by foreign governments, according to The Washington Post. The bill aims to address citizen … Continue reading →
Houston’s flood problems are more a distinctive feature of its topography, geography and the sheer magnitude of Harvey and less the result of the city’s limited zoning and land use regulations. A 2013 study of the city’s impervious/pervious cover ratio … Continue reading →
The prevalence of strip malls throughout the United States is partly due to government regulations, according to Scott Beyer, writing in Forbes. The regulations can prevent more dynamic downtown areas, reduce tax yield per acre, make cities less attractive and … Continue reading →
Average U.S. commercial real estate prices fell by 40 percent between the 2007 peak and the trough in 2010, according to Alex Pollock of R Street. Since then, prices have rebounded and are now 22 percent above the 2007 peak … Continue reading →
Mexico City has eliminated minimum parking requirements and will instead cap the number of parking spaces allowed in new developments, according to Streetsblog. The cap number will depend on the type and size of the building with some of the … Continue reading →
Retail sector lobbying expenditures increased by 31 percent in Q1–2017 compared with the same period last year, according to OpenSecrets.org. Better technology and the resulting shift in shopping culture has let to economic distress for the retail sector, especially for … Continue reading →
Puerto Rico’s population has dropped by about two percent per year for the past three years, according to Bloomberg. The U.S. territory, which is grappling with a $74 billion debt and an unemployment rate over 12 percent has also seen … Continue reading →
Having failed to secure Federal Trade Commission (FTC) approval, Rite Aid and Walgreens Boots Alliance have scuttled plans to merge. Instead, Walgreens will acquire 2,186 Rite Aid stores and three distribution centers for $5.175 billion in cash. Under this deal, … Continue reading →