AS the economy starts to slow and the price of oil rockets and household bills go through the roof, it looks almost certain that there may be trouble ahead.
The first thing to do is take a close look at your personal finances. Are you too highly-geared with too much debt on credit cards, personal loans and the mortgage? If so, you should consider paying off the short-term debt.
Whil...
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Submitted by admin on Wed, 2005-10-26 11:00.
Of The Associated Press By Joe Bel Bruno Of The Associated Press
Spain's Banco Santander Central Hispano SA said Monday it is offering $2.4 billion for a 20 percent stake in Philadelphia's Sovereign Bancorp Inc., the nation's third-largest savings and loan.
The Spanish bank's board of directors made the decision during meetings held in London Monday. Further details of the deal...
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Submitted by admin on Tue, 2005-10-25 11:00.
RICHMOND, Va., Oct. 25 /PRNewswire-FirstCall/ -- Albemarle Corporation reported third-quarter 2005 net income of $26.3 million, or 55 cents per diluted share, up from $0.8 million for third-quarter 2004, which included $19.5 million of special items primarily related to the July 31, 2004 acquisition of the Akzo Nobel N.V. refinery catalysts business. The Company reported net sales of $506.6 mil...
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Submitted by admin on Tue, 2005-10-25 11:00.
Sir Digby Jones, Director-General of the Confederation of British Imdustry (CBI), says Tony Blair, who is to chair the summit, must stick to his principles rather than allowing the EU to retreat into its old ways for the sake of an easier agreement, reports the Times .
In a speech to the CBI's manufacturing dinner in Birmingham today, Jones is expected to say: ?The ideologies of Old Euro...
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Submitted by admin on Mon, 2005-10-24 11:00.
After Rickie and Ronda Coleman purchased a Pontiac Grand Prix from a car dealer who turned out to be a crook, they discovered why Georgia is among the worst places in the country to buy a car.
Not only did the Eastman couple have to give their car back, they got stuck paying the note on a vehicle they no longer owned. Then legislation to protect used car buyers from the Colemans' fate go...
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Submitted by admin on Mon, 2005-10-24 11:00.
Peter F. James had been working at Refco less than two months when he noticed something this summer that teams of accountants had apparently missed for years.
Mr. James, a recently hired employee in the controller's office, wondered why a larger-than-normal interest payment had been made to Refco on an outstanding loan made by the company. In August he started to ask questions, eventuall...
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Submitted by admin on Mon, 2005-10-24 11:00.
Write a Marketing Plan that Works, 7-10 p.m. at the Community House, 380 S. Bates St., Birmingham. $39. Call 248-644-5832.
Developing Women Leaders: Lessons from the Front Lines, noon at the Detroit Marriott Renaissance Center. $35 for Inforum members, $45 for nonmembers. Call 313-578-3230.
Essentials of Purchasing, 8-4:30 today and Tuesday at the Detroit Marriott Southfield, 27033 ...
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Submitted by admin on Mon, 2005-10-24 11:00.
Increasingly popular high-risk mortgages could imperil both borrowers and banks if the hot housing market cools off, according to the head of the Federal Deposit Insurance Corp.
With home prices breaking records, FDIC Chairman Donald Powell became the latest regulator to voice concern over people who took out interest-only or option adjustable-rate mortgages to buy homes they otherwise co...
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Submitted by admin on Mon, 2005-10-24 11:00.
Cases to be argued before the Ohio Supreme Court Wednesday are:
City of Sharonville v. American Employers Insurance: The case involves the 1981 murders of Marie Schuholz and her friend, Starla Burns, in their apartment in Sharonville. Relatives of the women claimed in 1999 to have uncovered information alleging that a Sharonville police officer in charge of the murder investigation delibe...
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Submitted by admin on Sun, 2005-10-23 11:00.
NEW ORLEANS, Oct. 22 - As crews begin inspecting thousands of rotting houses and preservationists begin efforts to save them, city and federal officials say that 30,000 to 50,000 of the city's houses will probably have to be demolished.
That number, though smaller than some earlier predictions, nonetheless represents more than a quarter of the city's housing stock. A few weeks from now,...
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Submitted by admin on Sun, 2005-10-23 11:00.
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