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Mass. regulators file fraud charges against UBS
"Massachusetts regulators filed civil fraud charges Thursday against UBS Financial Services for allegedly selling investments it knew were extremely risky, but portrayed as safe. The complaint by the...Euro 2008: Austria 0-1 Germany & Poland 0-1 Croatia
Austria put up a good fight but the hosts are out, along with Poland. Germany as usual are through, and Croatia impressively will all the group games."Austria 0-1 Germany & Poland 0-1 Croatia ...LITTLE Rhys Harris is bursting with life
" LITTLE Rhys Harris is bursting with life - after two months as the "boy in the bubble" fighting an incredibly rare illness. The brave seven-year-old is only the SECOND child in the world to be cured of the genetic...Skydiver's world record attempt postponed
Fournier's project manager would not give the media any specific reason(s) why the jump was postponed. " The capsule was taken back into a hangar late Monday morning after the attempt was called off, The Canadian...American bourses bouncing back
After a couple of month's bearish trend, American stock market is slowly recovering and even junks bonds are rallying. " Main Street may be struggling, but Wall Street is on a bit of a roll.Despite a drumbeat of bad economic news, the stock market is up — almost 11 percent...
JPMorgan to buy Bear Stearns for 236 million
It is shocking to see the nation's fifth-largest investment bank get picked up for just over 200 million. The piddling price tag for an organization of this size shows how bad it is out there."
... Prince Harry withdrawn from Afghanistan
It seems almost inevitable that Prince Harry would have to leave Afghanistan as soon as news of his tour of duty leaked out. "LONDON: The Defense Ministry announced Friday that Prince Harry, the third in line to the...House Approves Bill to Restrict Mortgages
"House Approves Bill to Restrict Mortgages "With home foreclosures skyrocketing, the House on Thursday voted to crack down on mortgage lenders by forcing them to get licenses, making them responsible for discovering whether borrowers can really repay and fining them for...British banks shun £10bn cash auction
"British banks shunned the Bank of England’s auction of three-month money on Wednesday, submitting no bids to borrow the £10bn on offer. The dearth of demand for three-month cash – a market that has been strained of late – was the result of “a significant fall in...Bush Proposes Subprime Mortgage Reforms
" President Bush on Friday outlined ways to help homeowners facing foreclosure — the administration's first effort to deal with an expected wave of defaults fueled by the mortgage crisis. The initiatives, which... $3.6b of maturing bonds threaten kiwi
New Zealand exporters are happy to see the dollar drift down fast. Importers and many consumers like to see it stay strong. The kiwi dollar has already lost around 8 cents of its value over the last 20 days, and as a... Space Shuttle Endeavour gouge runs deep
A gouge running through the underbelly of the Shuttle Endeavour reminiscent of Shuttle Columbia's damage will be something on everyone's mind. "CAPE CANAVERAL, Fla. -- A close-up laser inspection by... SUB-PRIME POLITICIANS
"A number of studies of communities across the United States and in countries overseas turned up the same conclusion: Government restrictions on building. Politicians show no sign of changing, when they have largely escaped blame for the disasters that their policies fostered."Afghan army begins risky hostage rescue operation
"Afghan army begins risky hostage rescue operation Reuters Published: Wednesday, August 01, 2007 GHAZNI, Afghanistan -- A military operation to rescue the remaining 21 Korean hostages held by Taliban insurgents in Afghanistan began on Wednesday, hours after a Taliban deadline...First, too much sun; now, any sun risky for kids
"Shade your kids. New evidence suggests overall sun exposure, not just burns, in childhood is a big factor for those who later develop deadly skin cancer."
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