Commercial

Mike Ribeiro of Phoenix Coyotes Ups Asking Price of Texas Estate to $2.9 Million

Michael J. Tavares Ribeiro, the 34-year-old Phoenix Coyotes center, has raised the asking price of his Frisco, TX estate from $2.7 to $2.9 million.

Toyota shifting US sales headquarters to Texas as California becomes crowded and expensive

Toyota, Japan’s leading automobile maker is reportedly planning to shift its U.S. sales and marketing headquarters to Texas, abandoning California as the Golden State becomes too crowded with competitors and expensive for the company.

Sony Corp diversifying into real estate business

Sony Corp, the electronics giant will reportedly enter into the real estate business by August this year and take the unit public in the next three years, the company announced Thursday.