Archive for August, 2009
Taming traffic on school route
A tree-lined intersection near Chaparral Elementary School is getting a major makeover because of safety worries. Poway is preparing to spend $353,000 in state grant money to overhaul where Valle Verde Road meets Solera Way, on the city’s hilly north side.
The FDIC’s money troubles
The FDIC’s deposit insurance fund is shrinking. Is now a good time to stash your money in a mattress?
GM board has Opel concerns :Sale held up because of competition worries.
DETROIT — General Motors’ new board may still sell its money-losing European Opel unit to a group led by Canadian auto parts maker Magna, but it needs guarantees that Opel’s technology won’t be used in Russia to compete against GM’s Chevrolet, according to a person briefed on the sale talks.
Investors must decide whether to give in to worries or trust Bernanke
NEW YORK: Investors need to make a decision in the coming days: Should they trust Ben Bernanke’s encouraging words about the future, or give in to worries about weak consumer spending?
‘Worries overblown’
BEIJING – INTERNATIONAL investors have been unnerved by the recent plunge in China’s stock market, fearing it signalled that a global recovery may be stalling, but many analysts say those worries are overblown.
Hope can fuel bulls’ charge as stocks rally despite worries
The transition from recession to recovery has historically been a good time to own stocks, as the prospect of better days ahead gives investors a reason to buy. Big rallies occur even though many economic worries still persist, the buying is built largely on hope, and skeptics loudly proclaim that the gains can’t last
Revere Housing Authority looking for federal money
REVERE-Housing Authority Director Linda Shaw is looking to $750,000 in new federal money awarded to the city for help in completing Authority projects even as she worries about cuts in state money.
Dollar advances on consumer spending worries
The dollar advanced Friday as worries about consumers’ continuing reluctance to spend drove investors to the relative safety of the safe-harbor currency and government bonds.
Lawmakers express worries on end-of-life care
Lawmakers are backing away from a volatile health care reform provision that calls for end-of-life counseling and has spurred criticism that “death panels” would ration care and decide who should live and who should die.
States target prisons for cuts, raising worries
ST. LOUIS — Tony Ferranto worries as he walks his patrol at maximum-security Menard Correctional Center in Illinois.