Judge allows suits against BofA to proceed
A U.S. federal court judge has allowed Deutsche Bank AG and the mortgage unit of France's BNP Paribas SA to proceed with their lawsuits against Bank of America related to losses they incurred in connection with the collapse of mortgage lender Taylor Bean & Whittaker Mortgage Corp.Bank of America was a trustee for notes issued…
Al-Qaida Suspect Too Cheap to Attack Chicago
s biggest skyscraper, seemed to be a likely secondary target for terrorist. The building, now officially called the Willis Tower, was evacuated that day and has increased anti-terrorist security.It made sense as a symbolic target, just as the World Trade Centers and the Pentagon seemed to be. More recently, an attempted attack on Times Square…
Dow rises for seventh day
NEW YORK (Reuters) – The Dow notched a seventh straight day of gains on Tuesday, but light volume suggested that investors don't believe the more than five-month rally has the legs to keep going.Surprisingly strong sales by McDonald's boosted optimism on consumer spending and drove the Dow's gains on what turned out to be the…
Cellphone security threats rise sharply - McAfee
LONDON (Reuters) – Cellphone security threats rose sharply last year as a proliferation of Internet-enabled mobile devices like smartphones and tablets provided new opportunities for cybercriminals, security software maker McAfee (MFE.N) said.In its fourth-quarter threat report, released on Tuesday, McAfee said the number of pieces of new cellphone malware it found in 2010 rose 46…
Saudi bourse plunges 6.43% on Egypt tensions
RIYADH (AFP) – The Saudi stock market, the largest Arab bourse, plunged 6.43 percent to 6,267.22 points on Saturday as tensions soared in Egypt, where deadly anti-government protests continued for a fifth day.The market has been gripped by severe anxiety because of the events in Egypt, traders told AFP, expressing fears that other Gulf markets,…
UNC Asheville rolls past Radford 70-50
RADFORD, Va. – D.J. Cunningham scored 16 points and had eight rebounds to lead North Carolina-Asheville to a 70-50 victory over Radford on Thursday night in the Big South Conference opener for both teams.Matt Dickey and J.P. Primm added 14 points each for the Bulldogs (3-4), who built a 34-27 halftime lead by shooting 54.5…
'Make a Wish' Cast Album Among Fall Releases on Masterworks Broadway Label
Sony's Masterworks Broadway has announced additional dates for digital releases of theatre-related albums from its vaults.Coming out digitally and as an Arkivmusic.com disc-on-demand on Sept. 14 is the 1951 original Broadway cast recording of Make a Wish, billed as "the first authorized CD release for the U.S." The score is by Hugh Martin, and features…