July, 2010
Refinancing something considered with record-low mortgage rates
Just as the mortgage rates are at record lows right now doesn't mean the U.S. housing market is getting any better. Opportunities are given with these low mortgage rates and also the real estate market being so slow. With mortgage rates and home prices so low, brave borrowers are taking short-term losses to make long ...
Michigan oil spill threatening Kalamazoo River superfund site
In Michigan, a state of emergency has been announced because of the Michigan oil spill. An oil pipeline leaked and pumped almost 20,000 barrels of oil into the river, starting on Monday morning. The oil slick is proving difficult to control, though the EPA and Enbridge Energy are working to control it.
The oil leak of ...
Tony Hayward gives up CEO gig to manage BP project in Russia
Embattled BP CEO Tony Hayward defied expectations and didn't resign Monday. Instead, he's being shuffled off to Russia, where he will direct BP's role in TNK-BP, a joint venture considered one of BP's plum projects . Hayward may appear to be escaping culpability for leading a wreck less company that caused the oil spill within ...
Make way for the 2011 Ford Explorer
The Ford Explorer has traditionally been a large SUV with big-time power. It largely swapped out the Ford Bronco and made SUVs more palatable to the general public. But the time has come for power to give way to fuel economy, reports CrunchGear. Such is the 2011 Ford Explorer, a smaller SUV for many who ...
Seven banks try desperately to meet capital requirements in Euro stress test but fail
Stress tests were developed to test European banks after the Greek debt crisis made for a lot of issues in European financial markets. Seven major European banks were tested and failed showing they wouldn't be able to deal with any more issues with the economy. The European Union bloc said it would give aid to ...
