Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr...
Wednesday, May 15 2013 5:41 AM EDT2013-05-15 09:41:00 GMT
The recession hasn't spared any age group, but it's been especially hard on seniors. More and more Americans 62 and older are turning to reverse mortgages to supplement their cash. But is it right for you?
The recession hasn't spared any age group, but it's been especially hard on seniors. More and more Americans 62 and older are turning to reverse mortgages to supplement their cash. But is it right for you?
Wednesday, May 15 2013 5:04 AM EDT2013-05-15 09:04:58 GMT
The amount of money many of us pay in taxes in a given year is often times larger than any purchase we'd make. Where does that really money go? Well, there is a way to find out.
The amount of money many of us pay in taxes in a given year is often times larger than any purchase we'd make. Where does that really money go? Well, there is a way to find out.
Monday, May 13 2013 6:56 AM EDT2013-05-13 10:56:00 GMT
It's pretty normal these days when you're apartment hunting to be asked to pay an application fee. Those fees can be pretty steep, and can be at least $50 for every application.
It's pretty normal these days when you're apartment hunting to be asked to pay an application fee. Those fees can be pretty steep, and can be at least $50 for every application.
Sunday, May 12 2013 10:55 PM EDT2013-05-13 02:55:49 GMT
Shopping for graduation gifts can be a headache, especially when the graduate in your life may be asking for the latest, greatest gadget.
Shopping for graduation gifts can be a headache, especially when the graduate in your life may be asking for the latest, greatest gadget.
ATLANTA -
Federal regulators have sued over the collapse of a Sandy Springs bank, accusing its leaders of taking "unreasonable risks" while running the institution.
RockBridge Commercial Bank opened in 2006 and raised $36 million in cash. It failed three years later.
A recent lawsuit filed by the Federal Deposit Insurance Corp. said bank officials aggressively pursued a strategy that involved high-risk lending, including loans for out-of-market real estate development and corporate jets. Regulators said bank officials failed to heed warnings about poor internal controls and loan vetting.
Attorney Mary Gill, who represents the bank officials, told The Atlanta Journal-Constitution that her clients are disappointed the FDIC filed what she described as a "meritless" lawsuit.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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