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A whole jing-bang of my friends recently went on a trek 18,000 ft above the sea level. On returning back from the journey I asked one of them what he missed the most up there and he almost instantaneously replied, ‘a hot water shower’. I plan...
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AP, Rochester
Shares of Corning Inc. tumbled 12 percent Tuesday after the specialty glass maker lowered its fourth-quarter sales and profit guidance to reflect slumping demand for...
made popular 15 min ago
AP, Washington
The National Association of Realtors says home prices fell in four out of five U.S. cities in the third quarter, the latest sign of how the U.S. housing market’s...
made popular 22 min ago
AP, Washington
President Bush says the government will expand to the entire country the opening of extra flight lanes typified by the East Coast “Thanksgiving Express”...
made popular 37 min ago
AP, Washington
Federal judges will hear arguments about whether Pennsylvania Rep. John Murtha should have to give a sworn deposition about his comments alleging “cold-blooded...
made popular 42 min ago
AP, New York
Wall Street has opened mostly flat, with investors refraining from making bets in a volatile market battered by a stream of weak economic data.
made popular 57 min ago
AP, Washington
The head of the FDIC is pressing again for more aggressive government action to help millions of home borrowers avert foreclosure, saying federal money is needed to...
made popular 1 hr. ago
AP, Beijing
Star Chinese hurdler Liu Xiang is expected to have surgery in the United States for a foot injury that forced him to withdraw at the starting line during the Beijing...
made popular 1 hr. ago
AP, Washington
Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke are defending their management of a $700 billion financial bailout just one week after the...
made popular 1 hr. ago
AP, Attleboro
A 74-year-old blind woman was shocked when her daughter found a letter from the city saying a lien would be placed on her home unless she paid an overdue water bill.
made popular 1 hr. ago
AP, New York
Wall Street headed for an uncertain open on Tuesday, with investors weighing another dose of weak economic data against an unexpectedly strong outlook from computer...
made popular 1 hr. ago
AP, New York
Luxury retailer Saks Inc. reported a wider-than-expected loss in the third quarter in contrast to a profit a year ago, as its affluent customers slashed spending as the...
made popular 1 hr. ago
AP, Washington
Wholesale prices plunged a record amount in October as energy prices fell by the largest amount in 22 years.
made popular 2 hr. ago
AP, New York
Luxury retailer Saks says it lost more than expected in the third quarter as its affluent customers slashed spending amid massive job losses on Wall Street and turmoil...
made popular 2 hr. ago
AP, New York
Hewlett-Packard says it expects fiscal fourth-quarter results above Wall Street’s expectations despite the bad economy.
made popular 2 hr. ago
AP, Trenton
As diabetes is rapidly becoming one of the world’s most common diseases, its financial cost is mounting, too, to well over $200 billion a year in the U.S. alone.
made popular 2 hr. ago
AP, Somers
Pepsi Bottling Group Inc., which bottles Pepsi beverages, on Tuesday cut its 2008 profit outlook and announced a restructuring plan that will affect more than 3,000...
made popular 2 hr. ago
AP, Washington
Detroit’s Big Three auto makers are begging Congress for a $25 billion government rescue, while the legislation clings to life support on Capitol Hill and top...
made popular 3 hr. ago
AP, New York
Medical device maker Medtronic says its fiscal 2009 second-quarter profit fell, mainly on legal charges for a patent dispute with Johnson & Johnson.
made popular 3 hr. ago
AP, Washington
The head of Ford Motor Co. says the company is working hard to “transform our business” into a more profitable one that meets 21st century demands for...
made popular 3 hr. ago
AP, New York
A survey of Medicare Part D enrollees showed that most of them do not fully understand the coverage gap, or “doughnut hole,” under which they must pay full...
made popular 3 hr. ago
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AP, Washington
The former chief risk officer at investment bank Bear Stearns Cos., which nearly collapsed in March, is now a senior official of the Federal Reserve division that...
made popular Nov 4 2008
AP, New York
Two former Bear Stearns managers were arrested Thursday on charges linked to the collapse of a hedge fund that bet heavily on subprime mortgages before the market...
made popular Jun 19 2008
AP, New York
Two former Bear Stearns managers have been arrested, federal authorities said Thursday, becoming the first executives to face criminal charges related to the collapse...
made popular Jun 19 2008
AP, New York
Federal authorities say two former Bear Stearns managers have surrendered in New York City to face criminal charges in the wake of the collapse of the subprime mortgage...
made popular Jun 19 2008
AP, New York
Federal authorities say two former Bear Stearns managers have surrendered in New York City to face criminal charges in the wake of the collapse of the subprime mortgage...
made popular Jun 19 2008
AP, New York
Federal authorities say two former Bear Stearns managers have surrendered in New York City to face criminal charges in the wake of the collapse of the subprime mortgage...
made popular Jun 19 2008
AP, New York
A federal securities fraud investigation could result in criminal charges as early as Thursday against two former Bear Stearns executives suspected of misleading...
made popular Jun 19 2008
AP, New York
Bear Stearns Cos. shareholders have approved JPMorgan Chase & Co.’s $2.2 billion buyout of the investment bank whose big wagers on subprime mortgages led to...
made popular May 29 2008
AP, New York
One of the biggest corporate casualties of the global credit crisis, Bear Stearns Cos., is about to vanish into history.The company brought to the verge of bankruptcy...
made popular May 28 2008
AP, New York
Bear Stearns Cos. said Monday its profit plunged 79 percent in the fiscal first quarter that ended just two weeks before speculation about a liquidity crisis forced its...
made popular Apr 14 2008
AP,
Some quotes from Thursday’s Senate Banking Committee hearings on the federal government’s facilitating the sale of Bear Stearns to JP Morgan...
made popular Apr 3 2008
AP, Washington
Federal Reserve Chairman Ben Bernanke says the central bank moved to assist troubled investment bank Bear Stearns to protect the U.S. economy against severe...
made popular Apr 3 2008
AP, Washington
The Federal Reserve’s unprecedented actions to prevent the collapse of Bear Stearns were taken to preserve the “integrity and viability of the American...
made popular Apr 2 2008
AP, Washington
The Federal Reserve on Tuesday cleared the way for JP Morgan Chase & Co. to acquire Bear Stearns’ bank holdings.The approval allows JP Morgan to acquire Bear...
made popular Apr 1 2008
AP, New York
Bear Stearns Cos. Chairman James Cayne dumped his entire stake in the embattled investment bank for $61 million as it appears closer to a takeover by JPMorgan Chase...
made popular Mar 28 2008
AP, New York
Bear Stearns Cos. Chairman James Cayne on Thursday sold his holdings in the embattled investment bank ahead of its expected acquisition by JPMorgan Chase &...
made popular Mar 27 2008
AP, Washington
Two key senators are demanding details of the last-minute sale of failing investment bank Bear Stearns to JP Morgan, and how the Federal Reserve Bank’s backing...
made popular Mar 26 2008
AP, Washington
Two key senators are demanding details of the last-minute sale of failing investment bank Bear Stearns to JP Morgan, and how the Federal Reserve Bank’s backing...
made popular Mar 26 2008
AP, Washington
The Federal Reserve is backing JPMorgan Chase & Co.’s revamped offer to buy Bear Stearns Cos.The Federal Reserve Bank of New York said it will provide...
made popular Mar 24 2008
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The Vancouver Clinic at 87th Avenue (Photo: The Neenan Company)
