THE number of mortgages granted to first-time buyers more than halved in January as the end of the temporary stamp duty concession brought the property market revival to an ab (source: Scotsman) – RSS feeds and Feed widget on Feedzilla.com
Lehman Brothers used an accounting maneuver to make itself look financially stronger than it actually was. Did other investment banks get hooked on this? (source: Market Watch) – RSS and News widget on Feedzilla.com
There’s ample evidence that the stock market’s performance is tied to the time of year and even the days of a month. Seasonal patterns persist not just in the U.S., but in other countries as well. (source: Market Watch) – RSS news feeds and Widgets on Feedzilla.com
Reuters – Authorities in Ireland are investigating whether a second American woman was involved in a suspected international plot to kill a Swedish cartoonist for mocking the Prophet Mohammad, The Wall Street Journal reported on Friday.
Natural gas has jumped higher from its lows, but companies that make money from it are still unloved. (source: Forbes) – RSS widgets and RSS feeds on Feedzilla.com
AFP – Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week’s key economic reports and the US Federal Reserve’s monetary policy meeting.
Reuters – At the end of “Pirate Radio” — the 2009 feature film about a ’60s illegal rock ‘n’ roll radio station in Europe’s North Sea — an array of albums is displayed: iconic symbols of musical independence that bucked the status quo. Among the albums on display is Public Enemy’s 1990 treatise, “Fear of a Black Planet.”
AFP – Australian Open semi-finalist Li Na of China was bundled out of the second round of the Indian Wells hardcourt tennis tournament by British qualifier Elena Baltacha.
AP – The name of the late actor Corey Haim was found on a fraudulent prescription for a powerful painkiller that authorities said Friday was obtained through a major drug ring.
AP – Iman Shumpert scored 14 points and made the key defensive play that lifted Georgia Tech past No. 19 Maryland 69-64 on Friday night in the Atlantic Coast Conference quarterfinals.
AP – Stephen Jackson scored 24 points and the Charlotte Bobcats held off a fourth-quarter rally to beat the struggling Los Angeles Clippers 106-98 on Friday night.
AFP – US President Barack Obama is strongly considering three candidates to fill vacancies at the Federal Reserve board, the White House said as he moves to revamp the central bank.
AP – Xavier Henry scored 11 points in a stunning 21-2 run that broke a tight game wide open and carried No. 1 Kansas past No. 23 Texas A&M 79-66 in a rough-and-tumble Big 12 semifinal Friday night.
AP – Ilya Kovalchuk had a goal and two assists to snap out of a scoring slump and the New Jersey Devils beat the Stanley Cup champion Pittsburgh Penguins for the fifth straight time, 3-1 on Friday night.
AFP – In a rare sharp rebuke, US Secretary of State Hillary Clinton chided Israel for plans to build new settler homes, saying it sent a “deeply negative signal” about Israel’s ties to its top ally.
AP – LeBron James had 23 points, 10 assists and six rebounds in his return from a two-game absence, and the Cleveland Cavaliers won for the 14th time in their last 19 road games with a 100-95 victory over the Philadelphia 76ers on Friday night.
AP – Greg Monroe had 23 points and 13 rebounds, and No. 22 Georgetown finally got the better of Marquette in a 80-57 victory Friday night that sent the Hoyas to the Big East tournament title game for the third time in four years.
AP – Under White House pressure to act swiftly, House and Senate Democratic leaders reached for agreement Friday on President Barack Obama’s health care bill, sweetened suddenly by fresh billions for student aid and a sense that breakthroughs are at hand.
Reuters – At least 24 people were injured in northern Egypt when fires were started and fighting broke out between Christians and Muslims Friday, an official said on Saturday.
AP – A far-right faction of the Texas State Board of Education succeeded Friday in injecting conservative ideals into social studies, history and economics lessons that will be taught to millions of students for the next decade.
AP – Germany’s sex abuse scandal has now reached Pope Benedict XVI: His former archdiocese disclosed that while he was archbishop a suspected pedophile priest was transferred to a job where he later abused children.
AP – Investigators are confronted with a series of nagging questions as they try to unravel the case of a California real estate agent who said his Toyota Prius turned into a runaway death trap after the gas pedal became stuck.
AP – An American seized in Yemen in a sweep of suspected al-Qaida members had been a laborer at six U.S. nuclear power plants, and authorities are investigating whether he had access to sensitive information or materials that would be useful to terrorists.
AP – Secretary of State Hillary Rodham Clinton on Friday delivered a stinging rebuke to Israeli Prime Minister Benjamin Netanyahu for his government’s announcement this week of new Jewish housing in east Jerusalem, calling it “a deeply negative signal” for the Mideast peace process and ties with the U.S.
AP – A group of Republican senators is questioning high salaries and expensive travel bills for executives at the Boys & Girls Clubs of America, raising issues that could jeopardize millions in federal funding for the national charity.
AP – The ambulance crew that responded after Tiger Woods crashed his SUV would not allow his wife to ride with him to the hospital because they suspected domestic violence, documents released Friday by the Florida Highway Patrol show.
AP – Authorities said a 30-year-old-man showed up so drunk for his sentencing for drunken driving that he missed his hearing and now faces even more time behind bars. Authorities said Jason Botos was driven to the Papillion courthouse on Thursday by his father, who needed help from deputies to get his son out of the vehicle.
Reuters – Secretary of State Hillary Clinton told Israeli Prime Minister Benjamin Netanyahu on Friday he must work to repair relations with Washington after a debacle over Jewish settlements that has undermined U.S. efforts to mediate new peace talks with the Palestinians.