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Thursday, October 18, 2012

Postal Service barred from borrowing more

The U.S. Postal Service has hit its $15 billion debt limit and can't borrow anymore from the U.S. Treasury. Luckily, the USPS has enough cash to make ends meet over the next few months. FULL STORY

Saturday, August 18, 2012

China's Super Rich Flock Into U.S. Property Market



A young Chinese couple threw $34.5 million into a luxury mansion in Hollywood, making themselves a new neighbor of David Beckham, Jennifer Lopez and George Clooney.

News of the purchase sparked a flurry of speculation on the Internet that the young millionaire could be the son of Ning Gaoning, the former chairman of a state-owned Chinese conglomerate COFCO, as Ning is an uncommon family name among China’s bigwigs.

FULL STORY

CNOOC to buy Nexen for $15.1 billion in China's largest foreign deal



State-controlled CNOOC Ltd launched China's richest foreign takeover bid yet on Monday by agreeing to buy Canadian oil producer Nexen Inc for $15.1 billion, forcing Ottawa to decide whether security concerns outweigh its desire for foreign investment in its energy resources.

FULL STORY

Monday, March 26, 2012

'The Hunger Games' Catch Fire



From Deadline Hollywood...

Lionsgate just revised upwards its worldwide total to a massive $214.25 million for The Hunger Games which was projected to be the No. 1 title in virtually every single market globally...

Source: www.deadline.com
Nikki Finke

Thursday, March 1, 2012

Publisher and Author Andrew Breitbart Dead at 43



Andrew Breitbart, the conservative Internet publisher and blogger, died early this morning at age 43. A statement posted on his website said that Breitbart died "unexpectedly from natural causes" this morning...

Source: http://abcnews.go.com

Monday, January 23, 2012

Giffords to Finish Meeting Halted by Attack


Rep. Gabrielle Giffords is finishing the meet-and-greet political event Monday that erupted in a deadly shooting spree a year ago...

Source: www.abcnews.go.com

Thursday, December 29, 2011

Is Republican Infighting Helping Obama?


Has Republican squabbling given President Obama a chance to recover his political footing just as his re-election year begins?..

Source: www.nytimes.com