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UBS AG , the European bank hardest hit by the U.S. subprime crisis, said it may avoid a loss in the second quarter after about 3 billion Swiss francs in tax credits.
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London, July 4: If reports are to be believed, the ancient Roman city of Pompeii is crumbling away due to poor investment and damage caused by tourists.
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With the state of the U.S. economy steadily growing more desperate, market analysts and economists are increasingly contemplating the possibility of Southern Ontario’s economy being dragged into a recession.
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AT THE back of every mortgage lender’s mind is the fear that, in a downturn, those whose homes are worth less than their mortgages will simply drop their keys through the letterbox and walk away from their …
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TOKYO : Japanese companies are turning increasingly to overseas acquisitions to drive growth, buy technology and build market share, spurred by a stagnant domestic economy and shrinking population and largely …
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Changes made in the bullpen by Wedge and Cabrera avoids suspension but is fined after ejection in Buffalo.
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The green and gold hills of the 530-acre Campstone property in Huachuca City ripple into the distance, surrounded by mountains and few signs of civilization other than an occasional plane from nearby Fort …
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Many longtime Franklin residents know the white clapboard cottage at 110 Lewisburg Ave.
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Paula Frey of Felton uses a True Stretch machine recently at the Jewish Community Center.
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Photo Credit: AP Photo Marine Corps musician Sgt. Franklin Smith, center, a trombonist with the Quantico Marine Corps band, poses for a portrait, Tuesday, July 1, 2008, at Marine Corps Base Quantico, Va.
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Bush demonstrates the fist-jab. Good morning: Just three more shopping days : President Bush will celebrate his 62nd birthday July 6 in Japan, where he’s heading this weekend for the Group of Eight world …
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Employers shed 62,000 jobs in June, the sixth consecutive month of job losses, and the steep jump in the unemployment rate in May wasn’t a fluke, the government reported Thursday.
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U.K. shares ended higher on Thursday, escaping bear-market territory due to a rebound in the banking sector.
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It is going to get nasty; exactly how bad depends on the Bank of England and, especially, Gordon Brown Getty Images THE portents are increasingly gloomy.
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THIS week shares in General Motors , America’s biggest carmaker, fell below $10, valuing the giant firm at little more than $5.6 billion.
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Whether it involves remortgages, credit cards, car loans, college tuition, or just extra cash to help pay household expenses and stave off rising inflation, money is more difficult to come by and will be …
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Even as Wall Street skids lower almost by the day, and the major indexes have touched the levels of a bear market, some analysts are actually finding some signs in the performance of small-company stocks that …
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Crowned by Time magazine “the patron saint of laughter,” the creator of Felix Unger and Oscar Madison , along with a host of other memorable characters, has amassed almost every important award and accolade …
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The biggest star on the planet is sucking his thumb. “Damn,” Will Smith says on the set of “Hancock,” trying to shake the pain of a thumbnail that split in two as he was thrown through a mock wall.
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It happened this spring, the exact date I’m not sure, but that’s not important. What’s important is it did happen.
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BRIAN Makwana produced a fantastic all-round performance as Market Overton sealed the Rutland/Kookaburra Twenty/20 Cup crown by beating holders Oakham in the very last over.
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Grilled hamburgers and hot dogs, a World Championship Watermelon Seed Spitting contest, activities for children, live music from one of Oklahoma’s top bands, a Corvette giveaway and the largest manually lit …
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Is online auction the in thing? “In many ways, yes,” says Sunaina Aanand of Art Alive Gallery, “With online auction, people need an expert to analyse the work, read its description before buying it.
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If you’ve never lived in a city hosting the Olympics, you have no idea how much work the average Joe puts into the world’s greatest sporting event.
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Surveying Sex, A To Z, In ‘Dirty Words’ NPR.org , July 3, 2008 There are books, and then there are “Books We Like.” Each week in Books We Like, our critics review their top picks for new fiction and nonfiction.
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You’d have to say Francisco Rodriguez is a master of timing, in more ways than one.
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By Kenneth Li Reuters Thursday, July 3, 2008; 1:33 PM NEW YORK - The deteriorating U.S. economy and slumping stock prices will frame discussions among top media and technology executives at the 26th annual …
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VietNamNet Bridge – ” The State Bank of Vietnam asked commercial banks to begin applying the internal credit rating scheme and the debt classification system in accordance with international standards as of …
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Payroll – The U.S. sheds workers for a sixth straight month, and one analyst says losses will continue through ‘08 Friday, July 04, 2008 KEVIN G. HALL The Oregonian The economy is likely to keep stumbling at …
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Japan’s Mizuho Financial Group plans to raise $2.8 billion by issuing preferred shares, as the subprime-hit bank looks to shore up its capital base.
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Vietnam’s currency controls are forcing foreign investors into the black market to obtain dollars, aggravating declines in the world’s worst-performing stock market and pushing benchmark bond yields above 20 …
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Marriage is a relationship in which one person is always right, and the other is a husband.
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Australian banks say they haven’t tightened their lending criteria, as a mortgage broker claimed that more people were finding it harder to get a home loan.
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Crude-oil futures closed in uncharted territory Thursday after touching a high of nearly $146 per barrel, with ongoing production concerns prompting some analysts to predict that oil will continue its climb …
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For the semiconductor industry, 2008 has been a time for measured optimism—and definitely not for any kind of misstep.
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