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Funny he should mention that word. There is currently $3.5 trillion in outstanding commercial real estate debt, with much of it related to properties purchased at exorbitant prices during the real estate boom that ended in 2007. Many private equity players and hedge funds used heavy leverage - borrowing up to...
Large container ships are also beginning to utilize the sun to help power them across the world's oceans. Cosco, China's biggest shipping company, has inked an agreement with Solar Sailor for giant solar sails to be retrofitted on some of Cosco's tanker ships. The solar wings would...
Pencil-thin and taller than any other working rocket in the world, Ares I-X - a simulated version of what the Ares I and its Orion crew capsule will look like; for testing purposes, it's made up mostly of spare shuttle parts and a mock segments - lifted off at...
Months after a summer blockbuster used the campus of Penn as a stand-in for what appears to be Princeton, the makers of "The Social Network," affectionately known as "the Facebook movie," are pulling a similar campus switch. Unable to shoot on Harvard's campus, the movie's producers have...
His wife, who asked that her name not be used, had called the City of Cambridge Police Department’s non-emergency hotline earlier that day. The couple said they had kept the cannonball on display under their television set since they found it in their closet a few...