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...This represents a substantial step forward for Talbots," says company president and CEO Trudy Sullivan. "It stabilizes our liquidity during these most difficult and uncertain times, enabling us to focus on implementing the key strategic initiatives that will drive improved performance of our business." (See who's to blame for the financial crisis...
...economy by the new federal stimulus package. This state may end up being a sign of things to come. The foreclosure rate in California is one of the highest in the nation. More than 236,000 homes or 2.8% of California's housing stock foreclosed in 2008, helping to drive down home prices by 42% from December 2007 to last month, according to Bloomberg. In addition, the state government is projected to run a deficit of $40 billion over the next two years. (Read "Four Steps to Ending the Foreclosure Crisis...
...multiples as special. In the case of Jon and Kate Gosselin, who gave birth to a set of twins and a set of sextuplets, they were doubly blessed. Even before the TV show, their Pennsylvania community kicked in with financial, material and moral support. Such warmth and attention can drive people to extremes, though. In August 2006, a Missouri couple admitted to conning their neighbors out of some cash by faking the birth of sextuplets. Everyone thought it was a miracle...
...Boom ($260) is built to shake the room. And there's no end to the tunes you can blast out of this little black box. It can wirelessly stream Web stations and - if you can't find anything you like online - music stored on your PC's hard drive. It also connects to personalized internet radio services like Last.fm, Pandora and Slacker. www.logitech.com...
...jihadist stripes fighting Soviet troops in Afghanistan in the 1980s. Their edict was wrong, Islam told the Taliban enforcers; no such thing had been demanded even by the Taliban regime in Afghanistan in the '90s. The scuffle that resulted left Islam's body hanging in the town square. To drive home their warning to the locals, the militants also shot the teacher's father...