Middle-class NYC apartment complex sold at auction (AP)

March 12, 2010 by Yahoo! News: Personal Finance News  
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AP - The developer of a high profile middle-class Harlem apartment complex has lost ownership of the property after defaulting on the mortgage.

Examiner unveils Lehman accounting tricks (AP)

March 12, 2010 by Yahoo! News: Business News  
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FILE - In this Oct. 6, 2008 file photo, Lehman Brothers Holdings Inc. Chief Executive Richard S. Fuld Jr., front center, is heckled by protesters as he leaves Capitol Hill in Washington after testify before the House Oversight and Government Reform Committee on the collapse of Lehman Brothers. A report by U.S. bankruptcy-court examiner faults Lehman Brothers  executives and auditor Ernst & Young for serious lapses that led to the largest bankruptcy in U.S. history. Will former CEO Richard Fuld be held accountable?(AP Photo/Susan Walsh, file)AP - An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. The question now is whether the trickery spells legal jeopardy for executives of Lehman or its auditors Ernst & Young.


How the major stock indexes fared on Friday (AP)

March 12, 2010 by Yahoo! News: Stock Markets News  
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AP - Mixed economic reports held the stock market to only modest moves Friday but gains for the week were strong.

Summary Box: Stocks cap week with modest moves (AP)

March 12, 2010 by Yahoo! News: Stock Markets News  
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AP - QUIET DAY: Major stock market indexes were little changed a day after the Standard & Poor's 500 index closed at a 17-month high. Mixed reports on consumer sentiment and retail sales kept trading subdued.

Summary Box: Retail sales post surprising gain (AP)

March 12, 2010 by Yahoo! News: Economy News  
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AP - RETAIL SALES: Retail sales rose 0.3 percent in February, surprising economists who had forecast a decline because of their expectation that major snowstorms would keep consumers away from stores.

Senators question $1 million pay for charity’s CEO (AP)

March 12, 2010 by Yahoo! News: Top Stories  
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FILE - In this Feb. 24, 2010, file photo, Sen. Chuck Grassley, R-Iowa., arrives to vote on the Senate Jobs Bill on Capitol Hill in Washington. 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. 'The question is whether or not a very top-heavy organization might be siphoning off federal dollars that should be going to help kids,' said Grassley, the top Republican on the Senate Finance Committee. (AP Photo/Harry Hamburg, File)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.


Runaway Prius case presents nagging questions (AP)

March 12, 2010 by Yahoo! News: Business News  
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FILE - In this Tuesday, March 9, 2010 file photo, driver James Sikes talks about his experiences in his Toyota Prius during a news conference held at Toyota of El Cajon in El Cajon, Calif. A law firm for the driver who says his Toyota Prius sped out of control in California doesn't plan to sue the Japanese automaker. (AP Photo/Denis Poroy, File)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.


2 months after Haiti quake, housing still elusive (AP)

March 12, 2010 by Yahoo! News: World News  
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Marcel, 6, leans on the wall of his collapsed home as he looks toward a new home built by the Danish People's Aid organization in the Carrefour neighborhood on the outskirts of Port-au-Prince, Thursday, March 11, 2010. The UN and the Haitian government have approved the Danish organization's design for temporary shelters to be built for displaced earthquake survivors prior to the upcoming rainy season.(AP Photo/Andres Leighton)AP - Trash and sewage are piling up at the squalid tent camps that hundreds of thousands have called home since Haiti's devastating earthquake — and with torrential rains expected any day, authorities are not even close to providing the shelters they promised.


Data, Fed to test if rally still has legs (Reuters)

March 12, 2010 by Yahoo! News: Stock Markets News  
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Reuters - Investors will try to tack another leg on to the year-long U.S. stock rally, looking to next week's economic data and statement from the central bank for evidence the recovery is still on track.

Stocks end mixed after mixed economic reports (AP)

March 12, 2010 by Yahoo! News: Stock Markets News  
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A trader works on the floor of the New York Stock Exchange, March 12, 2010.    REUTERS/Brendan McDermid (UNITED STATES - Tags: BUSINESS)AP - Mixed economic reports held the stock market to only modest moves Friday but gains for the week were strong.


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