Sweden Sells Property Firm Sweden sold property firm Vasakronan to Fastigheter for $6.88 billion, continuing its privatization drive.
Jul 03 2008
The Home Insulation Conundrum Fiberglass or foam spray? Figuring out what kind of insulation to use in a new house turns out to be a complicated calculation.
Jul 03 2008
With Energy Rights, Money Trumps All Financial opportunity is outweighing environmental issues for property owners swept up in a land grab by energy companies targeting gas reserves. Rights for deep drilling are fetching as much as $2,500 an acre, or more.
Jul 03 2008
Finding Foreclosures, Screening Deadbeats June Fletcher offers her take on two recently launched sites: RentBureau.com, which helps landlords screen tenants and ForeclosurePoint.com, a listing service.
Jul 03 2008
Businesses Taking Less Office Space Companies are taking less office space, driving down rents in most U.S. markets and giving tenants an edge.
Jul 03 2008
Reuters: Business News
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Economy extends job loss streak WASHINGTON (Reuters) - U.S. employers cut workers for a sixth straight month in June for the longest such streak since 2002 and the country's vast service sector unexpectedly contracted, underscoring the economy's frailty.
Jul 03 2008
Former Refco CEO gets 16 years in prison NEW YORK (Reuters) - Phillip Bennett, the former chief executive of Refco, was sentenced to 16 years in prison on Thursday for fleecing investors of more than $2.4 billion in a fraud that destroyed the world's largest independent commodities broker.
Jul 03 2008
For stocks, escaping bear hinges on oil, GE NEW YORK (Reuters) - It will be tough for Wall Street to shake off the bear market blues next week if the price of oil keeps rising and the earnings season kick-off from Alcoa and General Electric disappoints investors.
Jul 03 2008
Hedge fund swindler Israel denied bail, jailed NEW YORK (Reuters) - Hedge fund swindler Samuel Israel III faced a fresh charge of bail jumping on Thursday and was ordered to jail immediately, one day after his mother convinced him to end a high-profile run from justice.
Jul 03 2008
Economy casts pall on Sun Valley media fest NEW YORK (Reuters) - The deteriorating U.S. economy and slumping stock prices will frame discussions among top media and technology executives at the 26th annual Allen & Co confab in Sun Valley, Idaho, next week.
Jul 03 2008
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Dad Admits to Locking His Daughters in Cage Ricardo Gonzalez was arrested after officials say a woman spotted him pushing a child's hands back into a cage at a gas station.
U.S. Tightens Canadian Border to Stop 'Open Holes' America has tightened security along its border with Canada, but some security experts say the 4,000-mile northern passage remains full of holes — an inviting “open door” to terrorists seeking to enter the U.S.
July 03
Affirmative Action Ban Will Be on Ballots, Group Says Supporters of a proposed ban on race-based affirmative action said Thursday they've turned in enough signatures to get the measure on the ballots in Nebraska and Arizona.
July 03
Betancourt, Freed From Captivity, Reunited With Family Children of Ingrid Betancourt embrace their mother for the first time in six years in a tear-drenched airport welcome, a day after the former presidential candidate was freed from rebel captivity by Colombia's government.
Google told to hand over YouTube users' data Google has run into a fresh storm over online privacy after a US judge ordered YouTube, its popular online video site, to hand over records detailing the viewing habits of its millions of users.
Jul 4 2008
Rise takes eurozone rates to 7-year high Markets were relieved by a less hawkish tone from the European Central Bank, which damped fears of further rises to come
Jul 3 2008
Fed values Bear Stearns assets at $29bn The Federal Reserve Bank of New York confirmed the estimated fair value of assets that were formerly held by Bear Stearns at about $29bn, the amount at which it was sold to JPMorgan in March
Jul 3 2008
US jobs fall for sixth straight month The US lost jobs in June for the sixth month in a row while jobless numbers remained at an elevated level, signalling an ongoing deterioration in the labour market and helping to push back thoughts of a hike in interest rates
Jul 3 2008
Release is boost for Colombia's president A mood of jubilation swept across Colombia following the dramatic rescue of Ingrid Betancourt and 14 other hostages from Farc guerrillas after more than six years in captivity
