Schrager eyes London hotels sale Ian Schrager, known for his luxury boutique hotels, has hung for sale signs over two of his London hotels, the St Martins Lane and the Sanderson.
'Soft patch' not so soft, as US economic growth is revised higher (AFP) AFP - The US economy's  quot;soft patch quot; was not as weak as initial estimates, according to government data showing a 3.3 percent pace of expansion in the second quarter.