Growing Number of Aircraft Near-Collisions

The growing number of aircraft near-misses in US skies is making civilian aviation authorities increasingly concerned and has prompted them to reexamine air traffic control procedures. “Over the last weeks there have been a number of instances where separation was lost between aircraft and in some cases there was a bit of a delay of […]


Walgreen to hold off selling genetic test kits

The largest U.S. drugstore chain, Walgreen Co., said Wednesday it will hold off selling what was poised to be the first over-the-counter genetic test, after the Food and Drug Administration said the kit has not been proven effective. Pathway Genomics announced Tuesday that its saliva swab would be on Walgreen’s shelves later this month, offering […]


`Idol Gives Back’ promises Bill Gates surprise

Simon Fuller, the entertainment magnate behind “American Idol” and its charity event airing Wednesday, is trumpeting a starry lineup that includes Elton John, Alicia Keys and Carrie Underwood. But he played it coy when asked about the “Idol Gives Back” role of two other prominent people. Bill and Melinda Gates, supporters of the fundraiser since […]


American Idol winner sparks smoking debate

BOGOR, Indonesia – Just a few miles after passing a towering Marlboro Man ad, a second billboard off the highway promotes cigarettes with a new American face: Kelly Clarkson. The former American Idol winner invites fans to buy tickets to her upcoming concert in Jakarta, the nation’s capital. The logo of her sponsor is splashed […]


Iceland’s Volcanic Ash Halts Flights Across Europe

Civil aviation authorities say flights won’t start departing or arriving in Britain until at least Friday morning because of a huge ash cloud spewed by an Icelandic volcano. The National Air Traffic Service said Thursday that non-emergency flights won’t be permitted in British airspace until at least 1 a.m. (0500 GMT) Friday. A statement from […]


10 Big Commercial Real Estate Busts

As acute as the pain has been in the U.S. housing market, commercial real estate has been no stranger to trouble. Here is a glimpse of some high-profile victims that have been claimed so far. 1. Stuyvesant Town & Peter Cooper Village Loan balance: $3 billion Size: N/A Location: New York, N.Y. It was the […]


Billionaires Who Live Below Their Means

At least once in your life – maybe even once a week or once a day for that matter – you have fantasized about coming into a lot of money. What would you do if you were worth millions or even billions? Believe it or not there are millionaires and billionaires among us who masquerade as relatively […]


Pay Garnishments Rise as Debtors Fall Behind

When the bank sued Leann Weaver for not paying her credit card balance, her reaction was typical for someone in that situation. Personal and financial setbacks weighed her down, and she knew she owed the $2,470. So she never went to court to defend herself. She was startled by what happened next. When she swiped […]