Monday, December 31, 2007

Bhutto's 19-year old son likely to be named successor



A senior official of Benazir Bhutto's Pakistan People's Party told TIME late Saturday that the slain former prime minister's 19-year-old son, Bilawal, will likely be named as her political heir and the new party leader on Sunday.

New-Home Sales Hit 12-Year Low



Sales of new homes plunged 9 percent in November.

Gift cards, the gift that keeps on taking



$97 billion dollars is expected to be spent on gift cards in 2007. Gift cards are the #1 gift purchased for loved ones and friends. Fees can easily eat up the unused balance of a card over time. TowerGroup predicts $7.8 billion will go unspent on gift cards this year. Now states are stepping in and claiming as much as 60% of this unclaimed property

Sunday, December 30, 2007

Fixed-income investing beyond the bank



Interest rates are down and may go down more. That’s not so hot if you want to buy bonds or put money in the bank. So where’s the best place to put your fixed-income holdings?

Studios: Writers Lost More Striking Than Sought in Contract



The studios say the writers have lost $151 million in the eight-week-strike.

Saturday, December 29, 2007

New Hello Kitty Products Target Men



Hello Kitty is no sexist. Products featuring cute cat will target young men.

Oil Rising: How to Save at the Pump



Inflate your tires, empty your trunk, get oil changes regularly and other tips.

Friday, December 28, 2007

GPS baby Jesus stolen again, found across the street



The folks in Florida noticed that their GPS-equipped baby Jesus we mentioned the other day was missing from his nativity, and fired up the old GPS tracker. Turns out they didn't have to look far: baby Jesus had been swiped Wednesday night and brought to a house across the street from the nativity.

Tax Refunds Delayed for Millions



IRS says more than 3 million could have to wait until February to get refund.

Operation Falcon and the Looming Police State



Operation Falcon is the clearest indication yet that the Bush administration is fine-tuning its shock-troops so it can roll up tens of thousands of people at a moment’s notice and toss them into the newly-built Halliburton detention centers. This should be a red flag for anyone who cares at all about human rights.

Thursday, December 27, 2007

No American Has Died from "Homegrown Terrorism" since 9/11



Congress is perched to enact the "Violent Radicalization and Homegrown Terrorism Prevention Act of 2007," probably the greatest assault on free speech and association in the United States since the 1938 creation of the House Un-American Activities Committee (HUAC). Since September 11, 2001 no American has died from homegrown terrorism.

Cigna defends decision to let teen die -- on Christmas eve



In a case of truly brilliant PR, the Philadelphia-based insurance company that denied a liver transplant to a California teenager who subsequently died issued a letter to employees and the press Monday defending their decision.

Bill Moyers & Dr Benjamin Barber - The Crisis of Capitalism



"Here we are, at the height of the holiday season. The malls and the shops are packed. Stuff is flying off the shelves. And like Grinch or Scrooge you stand up and say, 'Capitalism's in trouble.' Why?"

Wednesday, December 26, 2007

Hillary Clinton Voted to Continue Cluster Bombing Civilians



The main point: Hillary Clinton voted to let our military continue to use cluster bombs in areas with concentrated civilian populations, despite the thousands of innocent children who have died or been handicapped due to picking up unexploded cluster bomblets.

Town may pay seniors to work off taxes



A New York town is pushing a program that would let seniors work part-time, for $7 an hour, to help pay off some of their property taxes.

Hearing airs credit card rate-change policies



Bank of America Card Services President Bruce L. Hammonds, center, waits to testify on Capitol Hill in Washington, Tuesday, Dec. 4, 2007, before the Senate Homeland Security and Governmental Affairs subcommittee hearing on credit card practices and interest rate increases. (AP Photos/Susan Walsh)Some credit card companies are raising interest rates on good customers even if they pay down their balances, on time, every month.




Tuesday, December 25, 2007

Cruficied By Your House: The Next Depression?



In 1896 William Jennings Bryan brough down the house with his Cross of Gold speech in which he railed against the gold standard. Americans responded because many felt they had indeed been crucified upon a cross of gold by the bankers and the rich men of the east. Today it's their houses they've been nailed to, and their houses they'll go down with.

Andrew, CommScope set final merger terms (Reuters)



Reuters - Communications equipment makers Andrew
Corp and CommScope Inc. on Monday announced
the final terms of their merger, which they said was due to
close on December 27.

Monday, December 24, 2007

Baby For Sale!



A couple tries to sell a baby at a car wash for $30.

United Rentals ends takeover, demands $100 million fee (Reuters)



A United Rentals location in an undated photo. United Rentals said on Monday it terminated its $4 billion takeover by Cerberus Capital Management and asked Cerberus to pay it a $100 million termination fee. (Handout/Reuters)Reuters - Equipment rental group United Rentals
Inc said on Monday it terminated its $4 billion
takeover by Cerberus Capital Management and asked Cerberus to
pay it a $100 million termination fee.




Giving Well: Charity Starts Online



Charitable donating can be easy and safe when it's done on the Web.

Sunday, December 23, 2007

Lawyers Stepping Up- DEMAND BUSH HEARINGS



1,000 attorneys call for probes into criminal, unconstitutional activity.

Left-out territories earn place on quarter



After nearly 10 years of lobbying, a measure will extend the popular state quarter program to the nation's capital as well as five territories.

Please stop the money bombs!



A commentary calling for the end of the money bombs. And I agree.

Saturday, December 22, 2007

FBI Prepares Vast Database Of Biometrics



The FBI is embarking on a $1 billion effort to build the world's largest computer database of peoples' physical characteristics, a project that would give the government unprecedented abilities to identify individuals in the United States and abroad. Digital images of faces, fingerprints and palm patterns are already flowing into FBI systems.

RSS Feed: Send News to Your Computer



Get the latest business headlines from ABC News.

Forget Weather, Airlines Cause Own Delays



Pilot shortages, long refuelings and mechanical breakdowns are root of delays.

Friday, December 21, 2007

Stores desperately seeking shoppers on Super Saturday (Reuters)



An exhausted woman takes a break in the tie department as holiday shoppers crowd Macy's department store in New York November 23, 2007. (Ray Stubblebine/Reuters)Reuters - U.S. shoppers, come out, come out,
wherever you are. "Super Saturday," the last Saturday before
Christmas, is often the biggest shopping day of the holiday
season, according to the National Retail Federation.




Credit jitters spread to student loan market



Credit-market tremors — like the ones linked to the housing crisis — are beginning to show up in the $85 billion student-loan market.

Thursday, December 20, 2007

MBIA details huge mortgage exposure, shares collapse (Reuters)



Foreclosure and for sale signs are seen in Antioch, California November 27, 2007. MBIA Inc, the world's largest bond insurer, said it has exposure to $30.6 billion in complex mortgage securities that it insures, an amount that eclipses its entire net worth. (Erin Siegal/Reuters)Reuters - MBIA Inc, the world's largest bond
insurer, said it had guaranteed $8.1 billion of the riskiest
mortgage securities, imperiling its entire net worth and
sending its shares plunging 26 percent.




Occupation's Toll: 5 Million Iraqi Children Orphaned



It is said that Iraq is the world's best-known conflict but the least well-known humanitarian crisis.

10 tips on tipping: Who gets how much?



Have you ever felt unsure whether you really should be tipping someone at the end of the calendar year? Here are 10 tips on who should get how much.

Wednesday, December 19, 2007

Castro suggests he will not hold on to power



HAVANA (Reuters) - Ailing Cuban leader Fidel Castro, who has not been seen in public for 16 months, suggested on Monday he might give up his formal leadership posts, the first time he has spoken of his possible retirement. ''My elemental duty is not...

New York Times in Iraq: ''Blackwater shot our dog''



BAGHDAD (Reuters) - The U.S. embassy in Iraq is investigating another deadly shooting incident involving its Blackwater bodyguards -- this time of the New York Times's dog. Staff at the newspaper's Baghdad bureau said Blackwater bodyguards shot...

Money and relationships: Take our survey



Is money destroying your relationship? Or do you always agree with your partner on financial issues? ?Take our exclusive Money, Sex and Love survey.

Tuesday, December 18, 2007

Police: Princeton Student Faked Attack



A Princeton University student who argued that his conservative views were not accepted on the campus confessed to fabricating an assault and sending threatening e-mail messages to himself and some friends who shared his views, authorities said Monday.

Billionaire marriages: Why get hitched?



Lucy Southworth, Larry Page, ?, ? ==
VANITY FAIR Oscar Party==
Morton's, Los Angeles, CA==
February 25, 2007==
?Patrick McMullan==
Photo-Patrick McMullan/PatrickMcMullan.com==
==
For most people, a wedding is a simple, joyous occasion. For billionaires it's more complicated, with stresses and strains that others don't bear.




Monday, December 17, 2007

10 Things Christians and Atheists Can (And Must) Agree On



The war that is coming between the fundamentalist Christians and the hard core Atheists might not be the most violent of the holy wars. But it has the potential to be the most annoying.

Worried About Foreclosure?



Tell Your Story to ABC News

'12 Days of Christmas' Gets Costly



The price of gifts listed in 'Twelve Days of Christmas' Carol Hits $78,100.

Sunday, December 16, 2007

Doorman? Barber? Day Care? Who to Tip



The list can be long and expensive, so find out what's appropriate to give.

Gas Prices Spur Consumer Inflation



Surge in Gasoline Prices Pushes Consumer Inflation Higher While Economy Slows

Report: Ohio voting machines have 'critical flaws,' could un



It's unbelievable how this isn't fixed yet. Safeguard the vote!

Saturday, December 15, 2007

Harvard to replace all loans with grants



Harvard University announced Monday a major expansion of financial aid that will reduce tuition bills by thousands of dollars — even for families earning six figures.

Friday, December 14, 2007

Should I sell my house now — or wait?



The housing market seems likely to get worse before it gets better. That has some would-be sellers wondering should I sell my house now, before things get worse?

Mortgage Crisis Forces Big Cuts at WaMu



Mortgage Woes Force WaMu to Close Offices, Slash Over 3,100 Jobs and Drop Subprime Loans

Thursday, December 13, 2007

U.S. Commits, Lies About Domestic Human Rights Violations



Under the Bush administration, the United States routinely commits human rights violations within its borders, according to a new report by the U.S. Human Rights Network.

Is raising kids a fool's game?



Parenting is fulfilling, but the financial burden can be overwhelming — and then there's the crimp it puts in your leisure time . Is it all worth it?

Tips for Finding and Securing a Virtual Assistant



Finding the right business is important to achieving your goals. Having the money to finance it is one thing, but if you can't get passionate about it, you will never succeed. Other than finding the right area of business to get into, you need to find the right employees, and perhaps more important, finding the right assistant. You are going to be extremely busy and it may be tough to handle all your responsabilites. To alleviate some of your worries, read Tips For Finding and Securing a Virtual Assistant.


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Bushed! on Habeas Corpus, 9/11 Air and the NIE on Iran



Keeping track of all the Bush administration scandals so we don’t have to, today’s edition of Bushed! recounts recent events regarding Habeas Corpus, Christie Todd Whitman’s statements on the safety of the air surrounding Ground Zero after 9/11 and President Bush’s continued ignoring of the intelligence from the NIE report on Iran.

Wednesday, December 12, 2007

6 Shot After Exiting Vegas Schoolbus



Six junior high or high school students were shot Tuesday after they got off a school bus, and two were critically hurt, police said.

Dow Jones proxy count shows buyout approved: report (Reuters)



The Dow Jones news ticker in New York's Times Square displays the headline that Rupert Murdoch's News Corp. has made a deal to buy Dow Jones  and  Company for some $5 billion August 1, 2007. Dow Jones  and  Co shareholders holding more than 50 percent of the voting power of the company approved its $5.6 billion sale to News Corp, the Wall Street Journal Web site said on Wednesday. (Mike Segar/Reuters)Reuters - Dow Jones & Co shareholders
holding more than 50 percent of the voting power of the company
approved its $5.6 billion sale to Rupert Murdoch's News Corp
(NWSa.N), the Wall Street Journal Web site said on Wednesday.




Tax Tactics front page



For millions of Americans, retirement planning involves creating a "nest egg” of savings to pay for a comfortable standard of living after the paychecks stop.? But the process ?often raises more questions than it answers – some of which are unknowable. So how do you know how much you'll need? By msnbc.com's JohnW. Schoen.

Tuesday, December 11, 2007

New Docs Reveal Huckabee's Support For Freeing Rapist



In the wake of revelations that Mike Huckabee pushed for the parole of a convicted rapist who went on to rape and murder two other women, the former Arkansas governor has sought to distance himself from the story and questioned the legitimacy of the relevant documents.

Don't Get Drunk, Get a Raise!



Holiday office parties are a great place to get a new job.