Archive for August, 2009

Wells Fargo

August 31st, 2009 by admin


If Lenders are Helping More Homeowners, Why are Foreclosures on the Rise?
In these tough economic times, more and more lenders are reportedly stepping forward and working with homeowners to avoid foreclosure through loan modifications and other loss mitigation programs. Most of the major lenders are members of the coalition group Hope Now, whose [...]

U.S. health reform estimates need long view: study

August 31st, 2009 by admin


WASHINGTON (Reuters) - The Congressional Budget Office may be missing potential savings from various health reform proposals by not looking at efforts to manage or prevent expensive, chronic conditions such as diabetes and heart disease, researchers said in a study released on Tuesday.

California wildfire more than doubles on sixth day

August 31st, 2009 by admin


LOS ANGELES (Reuters) - A massive wildfire roaring through mountains north of Los Angeles forced some firefighters to retreat on Monday as the toll of engulfed homes rose sharply and flames menaced Mount Wilson, a broadcasting hub and site of a historic observatory.

Bone fragment found as California kidnap probe expands

August 31st, 2009 by admin


ANTIOCH, California (Reuters) - Police in California found a bone fragment on Monday on property neighboring the house of a convicted rapist accused of kidnapping an 11-year-old girl and holding her for 18 years.

Healthy Economy

August 30th, 2009 by admin


Hayes Lemmerz In Deal With Creditors To Revise Ch 11 PlanHayes Lemmerz International Inc. reached a deal with unsecured creditors who were calling for an independent investigator to look into the company’s dealings with banks led by Deutsche Bank AG.

Six Flags Unveils Chapter 11 Plan, Rewards For ExecutivesSix Flags Inc. plans to emerge [...]

Can colleges keep promises of aid?

August 30th, 2009 by admin


Many universities replaced loans with grants and otherwise worked to make college more affordable. But that was before once-hefty endowment funds started shrinking.

Text size - Chicago Tribune

August 29th, 2009 by admin


Widely credited with taking aggressive action to avert an economic catastrophe after the financial meltdown last year, Bernanke will be nominated for another term as the helm of the central bank on Tuesday. Obama plans to make the announcement on Read More

Bankruptcy: 4 tales from the trenches

August 29th, 2009 by admin


One of the scariest aspects of bankruptcy is the fear of the unknown. These real-life stories can help you know what to expect — before, during and after.

Hurricane Jimena blows towards Mexico resort

August 29th, 2009 by admin


MEXICO CITY (Reuters) - Hurricane Jimena, a strong Category 2 storm, blew northward up Mexico’s Pacific coast on Saturday and was headed close to the Baja California peninsula resort of Los Cabos, the U.S. National Hurricane Center said.

Senator Kennedy, liberal giant, buried

August 29th, 2009 by admin


WASHINGTON/BOSTON (Reuters) - Senator Edward Kennedy, the liberal champion of the U.S. Senate who carried on the political legacy of his slain brothers, was buried on Saturday after four days of emotional tributes.