Late breaking news

December 12, 2007 |

Banks see bigger loan losses in 4Q

More troubling news erupted from the financial services sector Wednesday as Wachovia, PNC and Bank of America warned of bigger-than-expected writedowns and hinted that fourth quarter results could be a …

Report: Olivant threatening to abandon attempt to rescue Northern Rock

British investment group Olivant is threatening to abandon its rescue offer for crisis-stricken mortgage lender Northern Rock PLC, the British Broadcasting Corp.

Now is a GREAT Time to Buy a Home

ALL OF MAINE : By Dale Martin Prudential Northeast Properties If you’re ready to buy a home and can afford it, now is a great time to buy.

Stocks erase sharp gains sparked by Fed

Wall Street finished only slightly higher in an erratic session on Wednesday as investors remained unconvinced by a Federal Reserve plan to work with other central banks to alleviate the global credit crisis.

Stocks Give Up Gains From Fed Plan

Stocks gave up sharp gains to trade flat Wednesday after initially upbeat investors turned cool to a Federal Reserve plan to work with other central banks to alleviate the global credit crisis.

Federal Spending Cuts Urged In GOP Debate

Republican presidential rivals called Wednesday for deep cuts in federal spending, and said the reductions need not require painful sacrifice by the millions of Americans who receive government services.

Musician Ike Turner Dies

Ike Turner’s manager said the musician and ex-husband of Tina Turner has died at his suburban San Diego home.

Music Legend Ike Turner Dies

Ike Turner’s manager said the musician and ex-husband of Tina Turner has died at his suburban San Diego home.

Malibu Named Top Redesigned Car

Kelley Blue Book named the 2008 Chevrolet Malibu as the winner of the “2008 Best Redesigned Vehicle” award.

Sentencing moved for former KC councilwoman in mortage fruad case

A former Kansas City councilwoman will have to wait to learn her sentence for mortgage fraud.

Security Capital Assurance Ltd Comments On Fitch Ratings Actions

SCA Working With Fitch To Maintain AAA Ratings HAMILTON, Bermuda, Dec. 12 /PRNewswire-FirstCall/ — Security Capital Assurance Ltd responded today to Fitch Ratings’ announcement of the completion of its …


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