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MovieMom's Double Life
Nell Minow has settled into her seat in a Georgetown theater, her black loafers propped up on the railing in front of her, a notebook on her lap. She and about 15 other local movie reviewers are here to see "Knowing" -- a PG-13 action flick about a boozily depressed father and scientific genius, played by Nicolas Cage, who cracks a coded alien message about earth's imminent fiery destruction. At ..
Woody Holton -- Financial Advice From Abigail Adams
Thomas Jefferson died so deep in debt that his beloved estate, Monticello, had to be sold to satisfy his creditors. James Madison also left behind mounds of financial obligations. But John Adams, the man Jefferson turned out of the White House in 1801, died rich and debt-free -- despite sharing his predecessor's careless attitude toward money. What was his secret?
Bargains by the Beach
Rich and Debbie Sulkovsky of Herndon had been looking for months for a place near the ocean when they saw a yellow house with green shutters in a creek-front community not far from Rehoboth Beach.
Shop Around for That Refinance, but Don't Delay
QI am shopping to refinance my condominium mortgage of about $400,000. The outstanding loan balance is $160,000, and my credit is stellar. In order to refinance with my current lender, they want $2,200 in closing costs. I just financed with this lender three years ago, and there seems to be no special benefit for refinancing with them again. I don't understand why they wouldn't want to keep a goo..
Lowball Appraisals Spark Uproar
It's by far the hottest controversy in real estate this summer, and it could directly affect the value of your house -- probably negatively -- by tens of thousands of dollars.
Palin to Resign as Alaska Governor
Former Republican vice presidential candidate Palin announced she is stepping down as Alaska's governor on July 26 and transferring authority to Lt. Gov. Parnell.
Carstens: Mexican economy to shrink 5.5 percent (AP)
Mexico's treasury secretary says the country's economy is expected to shrink by 5.5 percent in 2009. The world economic crisis drove Mexico's economy to contract by 8.2 percent in the first quarter of 2009, prompting the government to officially declare the worst recession since the so-called Tequila Crisis of 1995.
Tropicana Las Vegas emerges from bankruptcy (AP)
Tropicana Las Vegas has emerged from Chapter 11 bankruptcy with new owners. Toronto-based Onex Corporation and former MGM Mirage President Alex Yemenidjian acquired a majority stake in the Las Vegas hotel-casino this week, as it completed its yearlong bankruptcy process.
Teck to sell 17 percent stake to China for C$1.74 billion (Reuters)
Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help the Canadian miner pay down its debt while expanding China's portfolio of commodity investments.
CMKM Diamonds, Inc. Announces New Joint Venture (Business Wire)
TYLER, Texas----CMKM Diamonds, Inc. announces the completion of an agreement with 101047025 Saskatchewan Ltd. . This agreement is part of an overall settlement of a lawsuit brought by Entourage Mining Ltd. against both CMKM and 1010 under Action No. 5075800 in the Supreme Court of British Columbia .
CANADA STOCKS-Teck equity sale pushes TSX to higher close (at Reuters)
G8 united in not shifting reserve currencies-source (at Reuters)
MOUNTAIN OF DEBT: Rising debt may be next crisis (AP)
The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It's the national debt.
NewsWatch: Alaska Gov. Sarah Palin stepping down
Little more than halfway into her first term, the governor says she not only wouldn’t be seeking re-election, but that she would be handing over the reins of office.
Argentina stocks rise in thin trade (at Reuters)
CANADA FX DEBT-C$ down for third straight week, bonds up (at Reuters)
Stanford clients sue insurance broker Willis Group (Reuters)
Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd , contending it was a willing participant in a $7 billion fraud at the Texas-based investment company.
Stanford clients sue insurance broker Willis Group
NEW YORK (Reuters) - Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd , contending it was a willing participant in a $7 billion fraud at the Texas-based investment company.
FACTBOX: Palin among possible Republican presidential candidates (at Reuters)
Alaska Gov. Sarah Palin stepping down
Little more than halfway into her first term as governor, Palin says she not only wouldn’t be seeking re-election, but that she would be stepping down and handing over the reins of office.
UPDATE - Peru premier to step down over Amazon clashes (at Reuters)
Kan. gov. likely to get OK for internal borrowing (AP)
Gov. Mark Parkinson appears unlikely to face much trouble persuading legislative leaders to allow a fresh round of internal borrowing so that Kansas can pay its bills on time in coming weeks.
Alaska Governor Sarah Palin to transfer power to Lt. Gov. (at Reuters)
UPDATE - Alaska Governor Sarah Palin will resign (at Reuters)
Cummins reopening Ind. plant, while another closes (AP)
Cummins Inc. is recalling 400 laid-off workers as it resumes production at a Columbus factory, while nearly 300 people lost their jobs as an auto parts company idled a plant in nearby Shelbyville.
Canada finance minister says unemployment to rise (AP)
Canada's finance minister said Friday that the country's economic recovery will likely be modest and job losses will mount into 2010 even after growth has begun.
Cemex eyes legal action over failed Austrian deal (at Reuters)
Job seekers seek solace with fellow faithful (AP)
Her fellow job seekers offer knowing groans as Diane Castro recalls the day she was laid off: The fear of being summoned to the front office. The phones in nearby cubicles going off like grenades.
Airline BA to cut capacity, delay new planes (AP)
British Airways PLC announced Friday it will ground aircraft, slash seat numbers and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in passengers.
CEMEX Declares Strabag Withdrawal Notice Invalid (Business Wire)
MONTERREY, Mexico----CEMEX, S.A.B. de C.V. , announced today that on Wednesday, July 1, 2009, CEMEX received notice from Strabag SE that it was withdrawing from the Share Purchase Agreement signed between the companies on June 30, 2008.
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