Bloomberg Macy’s Inc. named Four Corners Property Trust Inc. Chief Executive Officer Bill Lenehan to its board, enlisting a real estate expert to help the chain figure out what to do with its properties. The 39-year-old will join the board on April 1, the Cincinnati-based company said in a statement. Lenehan, who became CEO of Four Corners last year, has ...

Bloomberg The property market is an animal almost every central banker is worried about and hardly anyone can control. As the Federal Reserve downshifts into go-slow mode while the European Central Bank and other monetary authorities ease, expect to hear a lot of concern about property prices. Here’s the dilemma: How do you cut rates to goose too-low inflation and ...

AFP The serenity of Cui Ruzhuo’s ink landscapes is a far cry from the turmoil of China’s contemporary art market. But he can bank on his own status as the country’s best-selling living artist. Cui’s works reflect traditional Chinese forms and subjects, replete with largely monochrome mountains, lakes and trees. Little known in the West, his works fetched a total ...