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Martha Stewart Omnimedia (MSO) and KB Home (KBH) will launch a line of green homes. The announcement was made in conjunction with Builder magazine. The project is officially known as the "KB Home GreenHouse: An Idea Home Created with Martha Stewart." The concept was unveiled ahead of the NAHB...
Bruce Karatz, former CEO of KB Home (KBH), was fined $1 million and given five years of probation for hiding backdated stock options from auditors and regulators. Karatz will face no jail time but will serve eight months of home detention with electronic monitoring and perform 2,000 hours of...
After losing in court, renegade investor Ron Burkle is poised to launch a proxy contest for Barnes & Noble that will be tinged by animosity between Burkle and B&N founder and chairman Leonard Riggio.
The fight between Barnes & Noble and its second-largest shareholder, Ron Burkle, appears to be over. A deal has apparently been reached that would give Burkle three board seats in exchange for dropping his suit.
In another encouraging sign for the real estate market, builder KB Home says it earned $100.7 million over the last few months -- its first quarterly profit since 2007. The company also expects to turn a profit this year.
Everyone likes a little room to stretch out at home, but with the new homes that KB Home is selling, that may be a little difficult. As new homeowners look to find a mortgage that fits their budget, instead of buying as much home as a lender will let them qualify for, they may want to look at the...

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