Word: neared
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...Benedict arrives in Israel during an eight-day visit to the Holy Land, his first since becoming Pontiff. The trip is a near carbon copy of one made by his predecessor John Paul II in 2000. The Vatican hopes to use the trip to build on its 44-year rapprochement with the world's Jews after centuries of conflict and persecution. During his papacy, John Paul became the first modern Pope to visit a synagogue, recognize the state of Israel and apologize for the role Christians played in the Holocaust...
...start to grow again, lenders will get that cash, not retailers. Consumer spending made up as much as 70% of the economy before the bust. With less shopping, Roubini says, there is little chance for a quick rebound. "If we do everything right, we can avoid an L-shaped near depression, which you don't recover from," he says. "But you still...
...PLUMBER says, No gay people near my kids. Gay people say feeling is mutual...
General Motors appears to be on a fast road to bankruptcy. CEO Fritz Henderson has already described a bankruptcy filing as "probable" as the Treasury's June 1 deadline for reorganizing the company draws near. Also, the fact that GM announced it was moving up its date for paying suppliers to May 28 from June 2 further suggests that bankruptcy is likely, says Brad Coulter of O'Keefe & Associates of Bloomfield Hills, Mich., which specializes in helping distressed manufacturing companies. "To me, it's a pretty clear indicator that they plan to file right around the June 1 deadline...
...land-banking” practices in Allston, Harvard announced Wednesday that it would be placing a one-year moratorium on new real estate purchases in the neighborhood—but not before it had already signed an agreement to lease and purchase another piece of property near its Science Complex construction site. According to University spokeswoman Lauren M. Marshall, Harvard will be master leasing the property at 65-79 Seattle St. in Brighton for 10 years, after which Harvard will purchase the parcel unless the owner elects to sell it to the University sooner. She declined to comment...