No doubt there are plenty of career retrospectives about the just-departed Apple CEO Steve Jobs today. He did, afterall, lead Apple to become the world's premiere technology company and for a few moments earlier this month, Apple surpassed Exxon Mobil as the most valuable American company.
The New York Times has a report about a government plan that could affect millions of homeowners in the United States. The paper reports that the Obama administration is kicking around a proposal that would "allow millions of homeowners with government-backed mortgages to refinance them at today's lower interest rates, about 4 percent..."
This weekend Blind Bobs will celebrate 3 years of business with a weekend full of music, festivities and food. Here Kaleidoscope host Juliet Fromholt chats with the Mendenhall family about the starting the business and growing it over the past three years and how music has been an important part of that.
Anna Hazare, a 74-year old anti-corruption crusader in India, is on the 10th day of a hunger strike. Today Prime Minister Manmohan Singh asked him to end his hunger strike saying parliament could discuss anti-corruption legislation.
Foreclosures made up roughly one-third of all home sales this spring. While that's a smaller share of sales from the previous quarter, it's six times the percentage of foreclosures in a healthy housing market. Meanwhile, fixed mortgage rates edged up this week from their lowest levels in decades.
Foreclosure sales, which include homes purchased after they received a notice of default or that were repossessed by lenders, accounted for 31 percent of the market in the April-June quarter, foreclosure listing firm RealtyTrac Inc. said Thursday.
With Moammar Gadhafi and his regime driven from their strongholds in Tripoli, the most pressing question now is whether the rebels will be able to set up a government and establish order in the capital and the rest of Libya.
In their battle so far, the rebels have been boosted by NATO air power. Western nations have also been providing political and diplomatic backing to the rebel leadership, known as the Transitional National Council. And the U.S. and European states say they are prepared to return Libyan assets that were frozen in the final months of Gadhafi's rule.
When Steve Jobs stepped down from his position as CEO of Apple yesterday, he handed the reins immediately to chief operating officer Tim Cook, who has had such a significant hand in day-to-day operations that many expect that Apple won't immediately suffer much in the way of effects on either its ability to turn out beloved products or its business position.
And an album full of photos of former U.S. Secretary of State Condoleezza Rice.
Odd as that may sound, what appears to be something of a keepsake about Rice — who Moammar Gadhafi once referred to as "my darling black African woman" and of whom he said, "I love her very much" — was found by opposition fighters as they searched and ransacked the Libyan leader's compound in Tripoli.