Capital Markets

WASHINGTON, DC-The rise is seasonally adjusted. On an unadjusted basis, the measure rose 7.1%, and was up 75.8% compared with the same week last year.

SAN DIEGO-One of the city's largest private employers, and one of the nation's largest computer makers will lay off up to 25% of its work force and refocus its business.

LONDON-Fears Surrounding the imminent demise of the UK commercial property market may be hugely overstated, according to research released today by agency Knight Frank. The case for investment in commercial property still remains strong.

AUSTIN-It's time to court all types of companies: those that are here and those that might be willing to come, says a leading local economist. For too long, the focus on been on dealing with Austin's rapid growth rather than seeking more corporate residents.

SAN DIEGO-The dot-com meltdown fluffed up the county's office vacancy in the first six months of the year, according to statistics from CB Richard Ellis.

LAKELAND, FL-The 187-unit multifamily Angler's Cove Manufactured Community received $2.85 million and the 153-unit Angler's Cove West Manufactured Community obtained $2.35 million in separate refinancings brokered by Collateral Mortgage Capital of Birmingham, AL. Lakeland is 40 miles south of Downtown Orlando.

SPOKANE, WA-Avista Corp. intends to ask regulators in Washington and Idaho to OK an energy surcharge to electricity customers in both states. The surcharge is intended to offset the costs of a severe shortage of hydropower generation and volatile energy market prices.

AUBURN HILLS, MI-In a new twist, the company is moving out of business-friendly Auburn Hills after receiving a $1.7-million tax abatement for 10 years from Southfield. Kirco Development of Troy will build an $11-million facility.