Has economic twilight come to the Sun Belt?
For a generation or more, the Sun Belt thrived like no other region in America — a growth so steady it felt as though the boom would never end. But now it has, replaced by a bust.
Firefighter Given Probation After Admitting Stealing Severed Foot
A former firefighter in Port St. Lucie, Fla. was sentenced to eight months probation after she admitted taking a man’s severed foot from an I-95 car accident scene in 2008.
Murder Convicts Escape Arkansas Prison Dressed As Guards
Two convicted murderers escaped from an Arkansas prison Friday night by dressing as corrections officers and walking through the main entrance of the building.
Zoo To Give Men Mauled By Tiger $900,000
Two brothers mauled by an escaped tiger at the San Francisco Zoo on Christmas Day in 2007 will be paid $900,000 by the zoo.
Banks sue ex-Kmart CEO Joseph Antonini, alleging he failed to repay more than $2.3M in loans
Former Kmart Corp. chairman and CEO Joseph Antonini is being sued by five banks accusing him of defaulting on more than $2.3 million in loans and promissory notes.
Banks sue ex-Kmart CEO Joseph Antonini, alleging he failed to repay more than $2.3M in loans
Former Kmart Corp. chairman and CEO Joseph Antonini is being sued by five banks accusing him of defaulting on more than $2.3 million in loans and promissory notes.
Ackman Nominees to Target Board Rejected by Retailer’s Investors, CEO Says
Target Corp. shareholders re-elected the retailera s existing directors, rejecting a slate nominated by hedge-fund manager William Ackman after two months marked by dueling claims.
Midwest home sales post 10 pct annual decline
Sales of existing homes in the Midwest fell 10 percent in April from a year ago as the uncertain economy kept all but first-time home buyers and steely investors on the sidelines.
Report: Elan is in talks to sell minority stake to Bristol-Myers Squibb
Bristol-Myers Squibb Co. is vying for a minority stake in Elan Corp. and could eventually take over the Irish biotech firm, The Wall Street Journal reported, citing people familiar with the matter.
US Treasury reaches out to China
WASHINGTON: US Treasury Secretary Timothy Geithner, who makes his first trip to Beijing Sunday, will exploit his early links with China to steer relations with the Asian giant under President Barack Obama’s watch.
Auto rupture will ripple far and wide
Chrysler and GM employees are on the edge of their seats, waiting to find out what will be left standing after the dust settles. Meanwhile, a vast network of companies outside Detroit are bracing for impact.
G.M. Bankruptcy Plan Clears Bondholder Hurdle
The bondholders agreed to exchange their debt for an ownership stake in the ailing carmaker, clearing the final obstacle to an orderly bankruptcy.