News
Colorado River generating money and jobs
A new report estimates recreational activity along the Colorado River and its tributaries contributes about $17 billion in direct spending per year.
NYC con artist posed as dead mom in fraud scheme
‘ A New York City con artist has been convicted in a bizarre scheme that involved dressing up as his mother and collecting her Social Security benefits for six years after she had died.
Pension fund sues Wal-Mart leaders
One of the nation’s largest public pension funds has filed a lawsuit against current and former Wal-Mart executives and board members, saying they had breached their responsibility in handling an alleged bribery scheme.
House prices ‘fluctuate’ says Halifax report
House prices continued to “fluctuate quite widely” last month, mortgage lender Halifax said today, as the average price dropped 2.4%. The decrease in the average house price, to A 159,883, follows an increase of 2.2% in March and leaves the … Read More
Bank sues Farmer for foreclosure on house
A southeastern Kentucky bank has filed a foreclosure suit against former Agriculture Commissioner Richie Farmer and his wife seeking more than $300,000 due on their mortgage loan of 2004.
A modest economy seems to be keeping lid on hiring
U.S. stocks opened lower Friday after the government reported that hiring slowed in April, confirming a slew of data during the month that showed the economy was weakening.
CalPERS, Blackstone near deal on managed account
CalPERS is close to signing a deal with Blackstone Group for a separately managed account run by the private equity firm, according to a person with knowledge of the plans.
Birinyi Bullish as Bears With Deja Vu Can?t Wait to Sell
U.S. stock investors, battered by losses in May for two straight years, have never been so sure that history will repeat itself, a sign to Birinyi Associates Inc.
