Michael Jordan Relists Home With Higher Price Tag

Although the auction had a minimum reserve of $13 million, the price tag on the home is now $16 million. The list price is still quite a cut from Jordan’s original ask; he listed it in March 2013 for $29 million and later dropped it to $21 million. Jordan designed the home in 1995, putting a mix of his own touches on the property, including a full, regulation-size basketball court with locker room and security gates emblazoned with the historic number 23. But Jordan is ready to move on and told the Wall Street Journal : “My kids are grown now, and I don’t need a large house in Chicago.” Besides, he has large estates elsewhere. He constructed a 28,000-square-foot home in 2010 and recently bought additional lots for $4.8 million to expand the home. In 2013, Jordan married his longtime girlfriend and also purchased a coastal home in North Carolina . He is majority owner of the NBA’s Charlotte Bobcats and the house is about 30 miles from the team’s arena.
For the original version including any supplementary images or video, visit http://www.bloomberg.com/news/2014-01-03/michael-jordan-relists-home-with-higher-price-tag.html

Palestinian envoy killed by explosion at Prague home

A firefighter works at the site of an explosion in Prague January 1, 2014. REUTERS/David W Cerny

Police spokeswoman Andrea Zoulova said an explosive – which may have been part of a security mechanism – went off after the safe was opened. “With the greatest probability, an explosive device placed on the door of the safe was triggered,” she said. The Palestinian foreign ministry, in a statement reported by the official WAFA news agency, said the blast happened minutes after Jamal opened a safe that had come from the embassy’s old offices. The mission is in the course of moving into new premises next to the residence in a suburb of the capital. Zoulova told reporters: “The possibilities include inexpert handling of an explosive device or its spontaneous detonation … The device was in a safe and was triggered after the door of the safe was opened.” Some safes can be fitted with small charges to destroy secret documents in the event of the lock being tampered with.
For the original version including any supplementary images or video, visit http://www.reuters.com/article/2014/01/01/us-czech-palestinian-idUSBREA0008E20140101

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