Canada markets closed
  • S&P/TSX

    18,480.98
    -521.70 (-2.75%)
     
  • S&P 500

    3,693.23
    -64.76 (-1.72%)
     
  • DOW

    29,590.41
    -486.27 (-1.62%)
     
  • CAD/USD

    0.7360
    -0.0055 (-0.74%)
     
  • CRUDE OIL

    79.43
    -4.06 (-4.86%)
     
  • BTC-CAD

    25,935.19
    +4.94 (+0.02%)
     
  • CMC Crypto 200

    434.61
    -9.92 (-2.23%)
     
  • GOLD FUTURES

    1,651.70
    -29.40 (-1.75%)
     
  • RUSSELL 2000

    1,679.59
    -42.72 (-2.48%)
     
  • 10-Yr Bond

    3.6970
    -0.0110 (-0.30%)
     
  • NASDAQ

    10,867.93
    -198.88 (-1.80%)
     
  • VOLATILITY

    29.92
    +2.57 (+9.40%)
     
  • FTSE

    7,018.60
    -140.92 (-1.97%)
     
  • NIKKEI 225

    27,153.83
    -159.30 (-0.58%)
     
  • CAD/EUR

    0.7588
    +0.0052 (+0.69%)
     

Panama luxury oceanfront home launch goes sideways

·1 min read

COLON, Panama (AP) — The unveiling of a futuristic luxury model home on Panama's Caribbean coast tanked Thursday when the SeaPod Eco prototype perched above the water on a column slumped onto an adjacent dock.

Developer Ocean Builders said in a statement that the sleek white home began to "destabilize" at the end of the launch event. It said no one was injured and the cause was being investigated.

The home that is reminiscent of a space ship sits well above the water and features expansive views from a row of windows. The developers had planned to begin offering the homes for sale next year, touting them as friendly to the environment and the economy.

The Associated Press