World News Center
California workers stiffed again
July 29, 2010California's state workers just can't catch a break.
Stocks fall on economic fears
July 29, 2010Stocks fell Wednesday as a worse-than-expected report on durable goods orders and weaker quarterly results from Boeing and others added to concerns about the pace of the economic recovery.
Why a top Facebook app maker vanished
July 29, 2010Facebook said Wednesday it has deleted all applications created by Pencake, wiping out widgets used by an estimated 45 million Facebook members.
RIM stock rises 4% on new phone speculation
July 29, 2010Research in Motion shares jumped 4% Wednesday on speculation that the BlackBerry maker will unveil a new smartphone next week.
Cities threaten to cut 500,000 jobs
July 29, 2010Cash-strapped cities and counties have been cutting jobs to cope with massive budget shortfalls -- and that tally could edge up to nearly 500,000 if Congress doesn't step up to help.
Predicting entrepreneurial success: Got what it takes?
July 29, 2010SAN FRANCISCO (Mint.com) -- If you were trying to find successful entrepreneurs -- people who can innovate and commercialize radically new ideas -- what would you look for?
Hidden signs of life in the economy
July 29, 2010If the economy is a three-legged stool, people could take comfort in the fact that even though two of those legs (the government and consumers) are wobbly, the third (businesses) is still holding steady.
Advice for the reluctant landlord
July 29, 2010With plans to start a family, Michael and Becky McCullough, 33 and 31, wanted more space. So last year they snapped up a four-bedroom foreclosure in Brookhaven, Ga., for $480,000.
Porsche to produce plug-in sports car
July 29, 2010Porsche announced Wednesday that it will produce its 918 Spyder plug-in hybrid sports car, which was unveiled at the Geneva Motor Show in April. The car boasts a 500-horsepower V8 engine and is expected to be among the most expensive Porsches ever produced.
Pain, but no gain: local governments face budget doom
July 29, 2010State and local governments are facing a vicious cycle thanks to our financial crisis. Since home prices haven't really recovered, tax revenues are down. Since tax revenues are down, governments are cutting jobs, which means cutting services to homeowners. That means governments are spending less money in their communities, and employing less people, perpetuating the decline in property values that caused tax revenues to decrease in the first place.
