Bertha Tunneling at Seattle Waterfront Bolsters Property Surge

Source: Businessweek Seattle’s commercial-property market, one of the hottest in the U.S., is getting a boost from a 7,000-ton tunnel-boring machine nicknamed Bertha. The world’s largest tunnel driller last week began work on a 1.7-mile (2.5-kilometer) underground freeway along the city’s downtown waterfront, the centerpiece of a $3 billion redevelopment plan that will bring new [...]

Dems, GOP prepare for baseball face-off [Video]

Source: Washington Post Republican and Democratic members of Congress take their annual baseball showdown pretty seriously. We peeked in on preparations for Thursday’s game.

Fortress Second-Quarter Profit Triples on Hedge-Fund Fees (2)

Source: Businessweek Fortress Investment Group LLC (FIG:US), the first publicly traded private-equity and hedge-fund manager in the U.S., said second-quarter profit tripled as fees for beating certain benchmarks rose. Pretax distributable earnings, which exclude some compensation costs and other items, increased to $148 million, or 30 cents a share, from $50 million, or 9 cents, [...]

Google’s new Moto X smartphone [Video]

Source: CNNMoney The new Moto X has an array of sensors to help you use it without touching it. But is it the future of the smartphone?

Blackstone’s Brixmor files for real estate IPO

Source: Reuters Brixmor said it was seeking to raise $100 million, but the amount was solely for the purpose of calculating the registration fee, the company said in a filing. The IPO is expected to be larger as Brixmor is valued at roughly $13 billion, including debt. The IPO would likely come in the fourth [...]