Marriott Delivers Late Editions

Marriott has been trying—and failing—for more than four years to build a brand of hip hotels. Now, it finally may be breathing some life into the Edition brand, its competitor to the stylish W chain.

Calpers Downsizes Housing Portfolio

Calpers, the giant California pension fund, is dumping one of its last major housing investments at a big loss.

Hope Puts Spring in Home Builders’ Stocks

The stocks of home builders, shunned by investors for most of the past year, are suddenly in vogue again.

Brookfield Cancels Deal for Atlantis Resort

Brookfield Asset Management canceled a deal to take control of the huge Atlantis resort in the Bahamas and two other resorts from Kerzner after other creditors obtained a court ruling delaying the deal.

Casino Debtholders Fight On

A fight has broken out over a deeply discounted planned sale of $150 million in debt backed by a Las Vegas area resort and casino.