Vehicle drives into crowd at Berlin Pride festival, causing injuries, police say

The move follows the promotion of John Amore to president of Kestra Financial. Credit: Garun .Prdt/ Shutterstock.com. Kestra Financial, headquartered in Austin, Texas, has named Kelly Apple as its new head of wealth management.  She will be responsible for efforts to further develop the company’s investment, planning and advisory functions.  Access deeper industry intelligence Experience unmatched…

Fitch Ratings has downgraded the mortgage servicing operation at Wells Fargo Home Mortgage as the bank reduced the unpaid principal balance and made a strategy shift towards agency and portfolio loans. Processing Content The rating changes are as follows: ·     Residential primary servicer rating for Prime product to ‘RPS2+’ from ‘RPS1-‌’/Stable;·    …

Is the economy still K-shaped? The label came into vogue to describe an economy where the rich keep pulling ahead while the poor fall further behind. Recent comments from business executives and policymakers suggest that shape might be changing. Hilton CEO Christopher Nassetta said that sales growth is spreading beyond just luxury. And Treasury Secretary…

Steve Roth is running up the leasing numbers on his Penn District office properties. On — a Swiss apparel and sneaker company formerly known as On Running — signed a lease for 85,000 square feet at Vornado Realty Trust’s Penn 1, the Commercial Observer reported. The company will be relocating its headquarters from Spear Street…

The average number of viewings per property for sale has dropped to 1.7, down from nearly four viewings two years ago, according to data from Propertymark’s August housing report. The trade body attributed the 57% decline to continued affordability pressures and a cautious approach among buyers, though seasonal factors associated with the summer period may…

Real estate is going to need to learn to stop worrying and love the Community Opportunity to Purchase Act. After six long legislative years, the City Council passed COPA on Thursday, granting nonprofits and eligible joint ventures the first chance to buy distressed multifamily buildings. Thirty-eight lawmakers voted in favor of the revived version of…