Law firm Crowell & Moring cannot force its Washington, D.C., landlord to refund $30 million in rent that the firm paid…

Sales of previously occupied U.S. homes fell 5.4% last month from May to a season adjusted annual rate of 3.89 million, the fourth consecutive month of declines.

The Dallas, Texas-based company’s shares opened at $18.25, below the initial public offering price of $19 apiece. It sold 13.2 million shares in the IPO, raising $250.8 million.