Monthly Archives: February 2011

Administration outlines future for Fannie Mae and Freddie Mac

housing marketThe Obama administration has released a proposal for dealing with Frannie and Freddie and getting the government out of the mortgage business.

Payday lenders turn to Indian tribes for business partnerships

Payday loan storeIn order to stay open despite increasingly harsh legislation, payday lenders have had to turn to Indian tribes and form business agreements.

Valentine gift of a hissing cockroach at the New York Bronx Zoo

Hissing CockroachLooking for a unique Valentine? The New York Bronx Zoo suggests naming a hissing cockroach for your love. It's more romantic than you think.

Nokia-Microsoft smartphone alliance doubted by insiders, markets

nokia windows phone 7The Nokia-Microsoft alliance is a smartphone Titanic that analysts believe may suffer the same fate as the famous, star-crossed ocean liner.

Feds will formally ban e-cigarettes on US flights this spring

e-cigarettes u.s. flightsThe Transportation Department will clarify its position this spring with an outright electronic cigarette ban on flights in the United States.

World Health says alcohol kills more people worldwide than AIDS

PintA new report by the World Health Organization says that alcohol kills more people annually than tuberculosis, malaria or AIDS worldwide.

SBA lending programs to expand on February 15

CashThe Small Business Administration is starting up two new lending programs that are aimed at increasing the number of small business loans.

Government powers handed to army as Hosni Mubarak resigns

Anti-Mubarak ProtestsHosni Mubarak resigns: The president of Egypt has resigned from his post amid violent unrest and handed the Egyptian government to the army.

Apple flash crash: $10 billion market cap loss in four minutes

apple stockA sudden spike in trading volume sent Apple stock tumbling Thursday in a flash crash that doesn't have an easy explanation but has stabilized.

Money bought dog, Lucy Lou, mayor position in Kentucky

Border CollieLucy Lou is a red and white border collie who is making history in Kentucky. In a 2008 election with 200 percent turnout, she was elected.

Nerve damage could result from using Fixodent

Photo of teethA recently filed lawsuit claims that Procter & Gamble knew that Fixodent could cause paralysis and nerve damage and did nothing about it.

Frugal fatigue affects two-thirds in US sick of penny-pinching

financial responsibilityMost Americans are uncomfortable with creating a budget, tracking spending, saving for emergencies and living within their means ...

Super Bowl flyover highlights amount public pays for training

F18The flyover of five F-18 planes over the Super Bowl was viewed only by TV monitor -- and cost taxpayers $450,000. Some say this was a waste.

Yahoo to unveil tablet-based news service later this year

A Yahoo! billboard advertising the company's many consumer applications.Yahoo announced the Livestand tablet-based news and magazine publishing service. This comes just in time for the rumored release of iPad 3.

Cosmetic surgery rebound: bra sizes grow along with the economy

breast augmentationCosmetic surgery procedures are increasing as the economy improves, with breast augmentation leading the way and nose jobs a close second.

Is diet soda bad for you? One study links diet soda to stroke

Diet sodaA new study has linked consumption of diet soda to heart attack and stroke, but evidence is not clear on whether it's correlation or a cause.

Falling home values put record number of mortgages under water

Underwater houseAs home prices have continually fallen during the recession, it is estimated that 27 percent of homeowners are under water on their mortgages.