Dec
24

New Jersey pension fund sues NYSE Euronext on ICE deal

A pension fund that holds shares of NYSE Euronext has sued the exchange operator over its proposed $8.2 billion sale to IntercontinentalExchange Inc , saying the deal undervalues the company's stock. The New Jersey Carpenters Pension Fund late on Friday filed a complaint in New York State Supreme Court in Manhattan contending that NYSE Euronext breached its duty to maximize returns for shareholders....
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Dec
23

Diana's wedding dress, gowns in exhibition coming to West Edmonton Mall

With news of the Duchess of Cambridge's pregnancy causing excitement among fans of British royalty, the late grandmother of that yet-to-born heir to the throne is the focus of an exhibition coming to West Edmonton Mall."Diana, A Celebration," chronicling the life and work of the Princess of Wales who died in a 1997 Paris car crash, has toured widely in the U.S. and has had only one other Canadian...
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School Modesty Club Says Cover Up

High-school freshman Saige Hatch was sick of seeing her peers revealing too much skin when she came to school each day.The 15-year-old saw midriff-grazing tops, exposed cleavage, short shorts."From elementary to middle school, and then to high school, I noticed immodesty," she told ABCNews.com. "I really wanted to start a club to bring awareness to it and bring remembrance to what modesty is."Inspired...
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Australian prank call radio to donate profits to nurse's family

The Australian radio station behind a prank call to a British hospital will donate its advertising revenue until the end of the year to a fund for the family of the nurse who apparently took her own life after the stunt, the company said on Tuesday.Southern Cross Austereo , parent company of Sydney radio station 2Day FM, said it would donate all advertising revenue, with a minimum contribution of...
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Dry Cleaning Mix-Up Leaves Woman with Wrong Wedding Dress

Many women love to shop, and there is one particular shopping occasion that they'll never forget -- the day they buy their wedding gown. After the wedding, some brides have their dress cleaned and preserved by a professional dry-cleaning company and put into a preservation box forever, or at least until they are ready to pass the dress to their daughter, granddaughter, or other close relative.Kim...
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Teen fashion blogger branches out with book

Tavi Gevinson has accomplished more in her 16 years than most people double her age.The style blogger, writer and darling of the fashion set launched a fashion blog from her suburban Chicago home before she turned 12. Two years later it was getting 50,000 hits a day and she was a fixture in the front row of fashion shows in New York, Paris and Tokyo.Profiles of the young fashionista followed in the...
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Dec
22

US fixed mortgage rates fall to new record lows

WASHINGTON (AP) — Fixed U.S. mortgage rates fell again to new record lows, providing prospective buyers with more incentive to brave a modestly recovering housing market.Mortgage buyer Freddie Mac said Thursday that the average on the 30-year loan dropped to 3.62 percent. That's down from 3.66 percent last week and the lowest since long-term mortgages began in the 1950s.The average rate on the 15-year...
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W.Va. teachers to attend 'Finance University'

CHARLESTON, W.Va. (AP) — West Virginia University's business school is teaming up with the state auditor's office and a nonprofit economic literacy group called the West Virginia Jump$start Coalition to present a conference for educators to learn personal finance — and how to teach it to their students.This year's Finance University is the 10th annual event for middle- and high-school teachers. It...
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Average on 30-year US mortgage stays at 3.55 pct.

WASHINGTON (AP) — The average rate on the 30-year fixed mortgage held steady this week, staying slightly above the lowest level on record. Low mortgage rates have aided a modest housing recovery.Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan was unchanged at 3.55 percent. In July, the rate fell to 3.49 percent, the lowest since long-term mortgages began in the 1950s.The...
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Ahead of the Bell: Weekly mortgage rates

WASHINGTON (AP) — Loan buyer Freddie Mac reports Thursday on whether mortgage rates are continuing to hold near recent low rates.Last week the average rate on the 30-year fixed mortgage held steady at 3.55 percent, slightly above the record low of 3.49 percent that was reached in July. Meanwhile, the average rate on the 15-year fixed mortgage, a popular refinancing option, dipped to 2.85 percent from...
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