The number of banks that had too high a level of bad loans rose in the final quarter of 2009. This is according to the American University in Washington, D.C. study conducted by the “Investigating Reporting Workshop.” This is a serious matter, when many have been lulled into believing the banking crisis is over. The number of banks with poor troubled assets ratio was listed as 389. If a... 

Back in December of 2009, there were 22 flights across the United States that were held on tarmacs at the same time. Due to this, the Department of Transportation developed a rule in which planes that were held on the tarmac for longer than three hours could face fines. Now comes word that JetBlue and Delta are asking exemptions from this rule due to the closing of the main runway at JFK Airport in... 

The body of an oil executive who has been missing since Friday has been found in the Mississippi River. Douglas Schantz, 54-year-old president of Sequent Energy Management, disappeared shortly after he was seen on surveillance video stumbling up the plank of a docked riverboat. He was in New Orleans to make $25,000 scholarship donation to Tulane University; this is the college that his daughter attends. Steps... 

In a time where most people in the US are struggling to feed their families, there is good news for some. A dramatic 16 percent increase of households in the US were counted as millionaires. That is approximately 7.8 million families that can call themselves millionaires. The number of families that are in the ultra-millionaire or worth more than five million dollars increased by 17 percent. Although,... 

The Consumer Product Safety Commission (CPSC) is in the process of releasing a warning about baby slings because there have been some incidents involving suffocation due to this product. What seemed to be the perfect solution for new mothers has become a nightmare for some. Baby slings are used to sooth new babies and keep them warm in an environment much like the womb. The device is worn around the... 

On Monday, the California Highway Patrol received a 911 call from the owner of another Toyota vehicle that was speeding out of control. James Sikes, the 61-year-old owner of a blue 2008 Toyota Prius, called 911 at 1:30 pm Monday to report that his car’s accelerator was stuck and that he couldn’t slow it down. The car was racing over 90 miles per hour eastbound on Interstate 8 near San Diego... 

The president of Sequent Energy Management has been missing since a business trip to New Orleans. Douglas Schantz was on a business related trip to New Orleans where he was last seen leaving Club Razzoo. The last sighting was in the early evening on Friday March 5th. Schantz was in New Orleans to present a donation to Tulane University where his daughter was attending school. AGL Resources and the... 

With unemployment remaining at 9.7% for some time now, the question arises as to what the real unemployment rate really is. Many individuals have given up looking for work, which takes them out of the statistics. Should these individuals re-enter the market, the unemployment rate will undoubtedly rise. In addition, the U6 employment rate of part-time workers who want full-time work is up in the 16%... 

Wal-Mart Stores Inc. settles a sexual discrimination lawsuit with a whopping $12 million payout and a promise to change their hiring practices. The warehouse in question, located in London, Ky., allegedly did not consider women for jobs; this is an illegal practice. As the nine-year-old lawsuit was set to go to trial, Wal-Mart Stores Inc. and the U.S. Equal Employment Opportunity Commission reached... 

Stimulus funds from the federal government are being used to purchase and install full-body scanners at 11 airports. Most of these airports are located in the Midwest or California, leaving much of the Northeast without the new technology. Scanners will be installed at the following Midwest airports: Chicago O’Hare, Port Columbus International in Ohio, Kansas City International in Missouri, and Cincinnati/Northern...