a shared story
submitted by Ari 199 weeks 7 hours 48 minutes ago
The consumer spending slump and tightening credit markets are unleashing a widening wave of bankruptcies in American retailing, prompting thousands of store closings that are expected to remake suburban malls and downtown shopping districts across the country.
Since last fall, eight mostly midsize chains — as diverse...(more)
a shared story
submitted by Ari 199 weeks 7 hours 52 minutes ago
Maybe the candidates should consider talking about an issue for a change instead of dragging everyone down. Here's a suggestion, from the story:
"Steve Tarpin can bake a graham cracker crust in his sleep, but explaining why the price for his Key lime pies went from $20...(more)
a shared story
submitted by Robby for team staff news 13 hours 15 minutes ago
ATHENS (Reuters) - Greek political leaders face crunch talks on Tuesday to hammer out a deal on unpopular reforms that have prompted the country's biggest labor unions to walk off the job.
a shared story
submitted by Julia Leigh 149 weeks 1 day 12 hours ago
When insurance giant American International Group Inc. imploded last fall, the firm's problems were quickly blamed not on its core insurance business, but on an obscure operation that traded exotic mortgage securities.
But as the economic crisis has deepened, it has become clear that AIG's problems extend...(more)
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submitted by Robby for team staff news 14 hours 15 minutes ago
DAVENPORT, Iowa (AP) -- Newspaper publisher Lee Enterprises Inc. is seeking shareholder approval for a reverse stock split that would combine as many as five shares into one....
a shared story
submitted by MikeK 225 weeks 4 days 23 hours 32 minutes ago
Foreclosure filings across the U.S. nearly doubled last month compared with September 2006, as financially strapped homeowners already behind on mortgage payments defaulted on their loans or came closer to losing their homes to foreclosure, a real estate information company said Thursday.
a shared story
submitted by Robby for team staff news 15 hours 15 minutes ago
(Reuters) - A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it.
a shared story
submitted by Robby for team staff news 15 hours 15 minutes ago
DETROIT (AP) -- People rarely pick a fight with Dirty Harry. But Chrysler's "Halftime in America" ad featuring quintessential tough guy Clint Eastwood has generated fierce debate about whether it accurately portrays the country's most economically distressed city or amounts to a campaign ad for President...(more)
a shared story
submitted by Grace 163 weeks 1 day 21 hours 29 minutes ago
Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals.
a shared story
submitted by Robby for team staff news 16 hours 15 minutes ago
Maverick Aviation Group has opened a new terminal at Henderson Executive Airport that will become a base for the company's air tour operations.
a shared story
submitted by AB 175 weeks 1 day 2 hours 33 minutes ago
Citigroup has agreed to buy Wachovia’s banking operations for $1 a share, a move that that would concentrate power within the nation’s banking industry in the hands of a few giant lenders.
a shared story
submitted by Grace 147 weeks 2 days 22 hours 33 minutes ago
Friday night in northern New Jersey, circa April 2009, offers clues to prove any theory about the American economic meltdown, depending on what you want to believe. Just like so many places these days.
