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Cheap rents: A lucky break in tough times

Cheaper rentals have become a lucky break for some people during the current economic crisis. Rents are dropping and are forecasted to fall further during the current year.
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The World Won't Buy Unlimited U.S. Debt

Barack Obama has spoken often of sacrifice. And as recently as a week ago, he said that to stave off the deepening recession Americans should be prepared to face trillion dollar deficits for years to come.
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Hacker wins court review

A British court ruled on Friday that a man who hacked into US military computers will be giving permission for a judicial review against his extradition to the United States.
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French Business Schools Storm Global Top 100, Says Survey of MBA Recruiters

Four French business schools from the world’s top 100 produce the caliber of graduates most attractive to international recruiters, according to the Global Recruiters’ Top 100 Business Schools Report. The report, released next week by the MBA information specialists QS TopMBA.com, uniquely sources the opinions of the world’s leading international MBA recruiters, a methodology that has made it inc...
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Disney reshuffling ABC units

The Walt Disney Co. said Thursday it is restructuring the Disney-ABC Television group, by merging ABC Entertainment and ABC Studios, according to media reports.
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Mitchell appointed as Middle East envoy

The former US Senator and Northern Ireland envoy George Mitchell, the man chosen by President Obama, has been appointed as Middle East envoy by new US Secretary of State Hillary Clinton.
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AIG launches sale of Asian arm to global bidders

American International Group Inc. launched the sale of its Asian life insurance unit, American International Assurance Co. yesterday, aiming to rise up to $20 billion that will help the bank repay a $60 billion debt with the U.S. government.
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Phelps takes home sportsman of the year honors

On Thursday, US Olympic Committee (USOC) named Michael Phelps, who made Olympic history with a stunning sweep of eight swim gold medals at the Beijing Games as the Sportsman of the Year.
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President Obama to order closure of Guantanamo

According to a report, two government officials the, President is expected to give orders soon regarding the closure of Guantanamo. They also say the President will begin overhauling U.S. national security policy on Thursday.

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