Keegy Canada — international — Not Good: Fannie Mae Loses $2.3 Billion [Fannie Mae]

Not Good: Fannie Mae Loses $2.3 Billion [Fannie Mae]

Fannie Mae is the nation's largest mortgage finance company and it's just not doing too well, says the AP. Increasing losses from foreclosures are wiping out Fannie's revenue. ...expenses related to foreclosures and other credit losses increased to $5.3 billion from $3.2 billion in the previous ...

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Consumerist — Popular 3 hours ago

11 Votes vote

Russia vs Georgia: Outbreak Of Hostilities After Georgia Tries To Regain Breakaway Province

TSKHINVALI, Georgia — Georgian troops launched a major military offensive Friday to regain control over the breakaway province of South Ossetia, prompting a furious response from Russia _ which vowed retaliation and sent a column of tanks into the region. The fighting was the worst outbrea...

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HuffingtonPost.com — Popular 6 hours ago

10 Votes vote

Sprint Says It Lost Some Of Those 2.8 Million Customers On Purpose [Sprint]

By all accounts, Sprint has hit an iceberg and is leaking customers like the Titanic, but new CEO Dan Hesse says that they lost some of those customers on purpose because they were just crappy customers. As strange as this sounds, it does match up with what we've been hearing from (former) Sprint...

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Consumerist — Popular 5 hours ago

9 Votes vote

Judge hearing appeals to free jailed Detroit mayor

A hearing is underway in Detroit on Mayor Kwame Kilpatrick's request for freedom after he spent the night in jail for an alleged ... ...

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USA Today — 5 hours ago

5 Votes vote

Iron Man Blu-ray Packs a Stark-Worthy Arsenal of Bonus Features [Iron Man]

The Blu-ray version of Iron Man has been available for preorder on Amazon for quite a while now, but no one knew exactly what they were buying (other than, you know, the movie itself). Now we know that the Ultimate Edition will be released September 30 and contain two discs packed with all sorts of ...

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Gizmodo — 4 hours ago

9 Votes vote

The Olympic Opening Ceremony is underway

and will last for six months. Meanwhile, Hugh has been to a registry office in Beijing, and he's also sent some words and photos to illustrate last night's report from the velodrome in Lanzhou. "Auspicious day for getting married. It's the day the Olympics start..... ....and it's ...

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BBC Blog Network — 7 hours ago