New Orleans Tears down Private Housing too

"City inflating damage, lawsuit says Houses are in line to be demolished Wednesday, December 19, 2007 By Michelle Krupa Plaintiffs in a federal lawsuit that seeks to halt the demolition of nearly 2,000 privately owned properties condemned by City Hall allege that New Orleans...

Deficit Falls to Lowest Level in 4 Years

Update: The Dow appears headed for another record close, up 35 some thirty minutes before closing."WASHINGTON -- The federal deficit has improved significantly in the first three months of the new budget year, helped by a continued surge in tax revenues. In its monthly...

China Mobile posts 25.5 percent rise in first-half profit

"HONG KONG (AFP) - China Mobile, the nation's largest mobile phone operator, posted a 25.5 percent rise in first-half net profit boosted by a solid growth in operating revenue and subscriber numbers. The company reported a net profit of 30.17 billion yuan (3.63 billion US),...