Apple Inc. is developing a new iPhone to debut this summer and also appears to be working on a model for U.S. mobile phone operator Verizon Wireless, say people briefed on the matter. While Apple has unveiled a new iPhone every June or July since launching the product in 2007, the new model...

The Trump SoHo hotel and condominium has too many vacancies. The 46-story building is scheduled to open April 9 in Manhattan. Sales were initially brisk, but only about a third of the 391 units are now in contract. What’s more, it isn’t clear how many of those will actually...

Flash mobs terrifying business owners in Philly are said to have been inspired by “Twitter messages to come to South Street.” That is bull: Twitter didn’t cause these flash mobs; neither did “social-networking”. It was a dance crew. This past Saturday night, a...

WASHINGTON — The Obama administration on Friday announced a major reworking of its troubled $75 billion plan to prevent foreclosures. The revamped program is now designed to aid jobless homeowners and people who owe more on their mortgages than their homes are worth. Here's a...