Global direct investment in real estate fell for the first time on a quarterly, annual basis since the onset of the pandemic, according to a report this week from JLL. It dropped 24% to $234 billion due to uncertain economy, monetary policy and geopolitics, JLL said. Retail and hotel investment buck...

In what is being called the largest distilled spirits-related investment on record in Kentucky, a Louisville-based bourbon company will spend $600 million to expand into Laurel County. Governor Andy Beshear and officials with Sazerac Co. announced the move on Wednesday. “This is a significant inve...

Warren Buffett’s Berkshire Hathaway is continuing to unwind its long position in BYD, China’s largest home-grown EV maker and Tesla’s major rival, after holding it for 14 years. The legendary investor’s conglomerate sold another 3.2 million Hong Kong-listed shares of BYD (BYDDF) last week, c...