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China's Land Sales Skyrocket 6,700-Fold In Two Decades

Business & Finance : Business Insider: Money Game

A Xinhua University professor posted the following stunning fact on Sina Weibo (via Global Macro Monitor). In 1989 the value of China's land sales was $70 million. By 2010 land sales were worth $470 billion -- a 6,700-fold increase....

Report: Investors value Mercedes-Benz at half of BMW

Vehicles / Automotive Industry News : Autoblog

Bloomberg reports investors have valued Mercedes-Benz at approximately half of what BMW is worth. While BMW has seen its market capitalization jump to 45 billion euros, Daimler currently sits at around 42.2 billion euros. But that n...

Why City of Industry got 2,500 acres of ranch land for half its $100 million offer

Real Estate / Local Market : OCRegister Real Estate

CITY OF INDUSTRY — The City of Industry secured 2,500 acres of ranch land outside its borders eyed for a solar farm for less than half the appraised value after agreeing to forever protect the land from housing development. In a sur...

Ico, Shadow of the Colossus director potentially teases his next project

Entertainment / Video Games : Destructoid

If you haven't been keeping up with Fumito Ueda, he's been a pretty busy man. Over the course of a decade and a half he directed Ico, Shadow of the Colossus, and The Last Guardian, a pedigree worth retiring over. He's still at it th...

Junkyard Gem: 2003 Land Rover Freelander SE

Vehicles / Automotive Industry News : Autoblog

The first of the compact-SUV Land Rovers, the Freelander didn't sell in huge numbers and didn't hold its value very well. Here's one that made it to age 14 before ending up in a Northern California self-service wrecking yard. Contin...

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