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Business

  • Attracting eateries
    If you want fries with that, you have several downtown dining options.But fast food – which is sold on dozens of street corners around town – isn’t enough to draw people to the city’s core.
  • Sharp names new CEO after record losses
    Japanese electronics maker Sharp Corp. named a new president, shuffling its top management to help restore profitability after reporting a record loss.
  • Lehman estate demands millions from nonprofits
    Almost five years after Lehman Brothers Holding Inc. filed for bankruptcy and set off the global financial crisis, managers of the bank’s estate are demanding millions of dollars from retirement homes, colleges and hospitals.
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Week Ahead

Today

•U.S. stock and bond markets are closed for the Martin Luther King Jr. Day federal holiday.

Tuesday

•National Association of Realtors report on existing-home sales for December.

•House Ways and Means Committee conducts hearing on the debt limit.

Thursday

•Labor Department releases weekly jobless claims.

•Freddie Mac, the mortgage company, releases weekly mortgage rates.

•Conference Board reports on leading indicators for December

Friday

•Commerce Department reports on new-home sales for December.

•Germany’s Ifo Institute releases its monthly index of business confidence, a closely watched indicator for Europe’s biggest economy.

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