Good morning, readers.
As parts of the real estate market continue to sour, the portion of companies investing in residential real estate that have lost money on home sales has grown.
Meanwhile, Tuesday's tough-to-swallow quarterly report from First Republic Bank has analysts wondering whether the institution can survive. Mark Calvey of the San Francisco Business Time stakes us down three potential paths the company might travel.
Read on to learn more about those stories and other U.S. business…
