Zillow Buying StreetEasy For $50M

Wochit 1:10 mins

Zillow is buying the New York City-focused online real estate company StreetEasy for $50 million to strengthen its foothold in on one of the country's most lucrative markets. Four new Samsung phones will range in screen size from 4 inches to 5.2 inches. Saks reported a deeper than expected second-quarter loss after disappointing sales of shoes and handbags forced the luxury retailer to mark down prices. A U.S. banking regulator's probe into JPMorgan's hiring practices in China will have rival banks scrambling to review their own records, lawyers say. Banks around the world commonly hire people with government connections, but this is especially prevalent in China because of the Communist Party's role in the country's business. Ties to political and business leaders can be key to winning big deals.

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