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Italy output increases, triggers for stronger economic rebound

  Bloomberg Italian industrial output increased more than estimated in November, signaling a possible acceleration in economic activity. Production rose 0.7 percent from October when it increased a revised 0.1 percent on a monthly basis, statistics agency Istat said in Rome. The median estimate in a Bloomberg survey of 20 analysts called for a 0.2 percent gain. On an annual, ...

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Brooklyn home sales soar as buyers flee Manhattan price hype

  Bloomberg Home buyers in Brooklyn competed for a record-low number of listings in the fourth quarter, driving up prices in the New York borough that’s historically been seen as a refuge from Manhattan’s high costs. Purchases in Brooklyn rose 22 percent from a year earlier to 2,582, while the median price of those deals climbed 15 percent to a ...

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Wobbly start for Nintendo’s new Switch gaming console

  Bloomberg Nintendo Co.’s new Switch gaming console is off to an underwhelming start. The new machine, a tablet-sized device with wireless controllers that can be used anywhere but also connects to TVs, will go on sale March 3 at a price of $300, with a brand-new Zelda game as its launch title. None of that, however, was enough to ...

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