Melanie McElligott

11 Added | 2 Magazines | @MelanieMcEl3a0b | Keep up with Melanie McElligott on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Melanie McElligott”

Strong hiring by restaurants, construction firms and business services point to growth ahead

It's been an extended happy hour at U.S. bars and restaurants, which led hiring gains last month.<p>U.S. dining establishments added 58,700 jobs in February, the Labor Department said Friday. It was a sign that solid job growth — more than 3 million positions added over the past 12 months — is causing …

Employment
McDonald's

The worst teams in the NFL could be the biggest spenders in free agency

According to Omar Kelly of the Sun-Sentinel, teams that fall below 89% of the cap have to pay the difference to the NFLPA.<p>This provision gives teams two choices: spend money on players to get to the 89% or pay the difference directly to the NFLPA. Owners would rather choose the former.<p>According to …

NFL

Saying Goodbye To A Manhattan Classical Music Mecca

There's a kind of little village of artisans on Manhattan's West 54th Street. In a couple of plain looking office towers, there are a bunch of rehearsal studios, violin makers' workshops and other music businesses. Behind one of those office doors on the 10th floor sits Frank Music Company — …

Flute

Willis Tower owners in talks with Blackstone Group, source says

Blackstone Group, the giant private equity real estate investor, is in talks to buy Chicago's iconic Willis Tower for more than $1.4 billion, a source confirmed Friday.<p>Any sales price of more than $850 million would set a Chicago record.<p>The firm perhaps is best known in Chicago for buying a …

Once Offered At $135 Million, Walnut Place In Dallas Lists For $100 Million

A Dallas estate that was once America’s priciest home listing will soon hit the market at $100 million.<p>Known as the Crespi-Hicks Estate, the home has been recently rechristened “Walnut Place.” It was listed for $135 million in January 2013, then eventually reduced to $98 million, always as an …

Real Estate

Caesars seeks bankruptcy court approval

A division of Caesars Entertainment Corp. is asking a federal bankruptcy judge for permission to "dismantle and liquidate" part of its shuttered Harrah's casino complex in Mississippi's Tunica County.<p>A Wednesday court filing said Caesars wants to remove five barges that hold a 136,000-square-foot …

Markets

Newcomers jump into activist investing, eying returns and capital

BOSTON (Reuters) - The largest new field of activist investors in years is shaking up corporate America, seeking to tap into billions of dollars in available capital and inspired by the outsized returns of brand-name agitators like William Ackman and Carl Icahn.<p>The surge could force more companies …

Carl Icahn

Unnecessary purchases that eat up your budget

As the post-Recession economy continues to mend slowly, Americans are increasing their annual spending. According to a 2014 Gallup poll, 45% of Americans say they are spending more than they were a year ago, and only 18% say they are spending less. For most, especially older generations, the …

‘Calvin and Hobbes’: America’s Most Profound Comic Strip

The hilarity of ‘Calvin and Hobbes’ was rooted in a 6-year-old boy’s inability to control himself—or the world<p>In 1985, American newspaper readers met an appalling little boy. He taunted his mother (“Prepare for annihilation, pitiful Earth female”), tormented a classmate by telling her he had …

Calvin and Hobbes