09 August 2010

Latest Business News 09.08

Inspector Says Loan Modification Program Has Fallen Short
Only 340,000 homeowners have had their mortgages permanently adjusted under the program, a small fraction of those needing assistance.


Patient Money: For Most, Implants Beat Dentures, but at a Price
Prosthetic teeth attached to the jaw with titanium screws are preferred for replacing lost teeth, but they’re expensive, and insurance coverage is usually minimal.



Mark Hurd’s Stumble May Also Trip Hewlett-Packard
Mark V. Hurd’s ouster after a relationship with Jodie Fisher has put an unsavory end to one of the most notable executive turns in American business history.


American Folk Art Museum Struggling to Pay Bonds
The American Folk Art Museum has been having trouble making payments on bonds issued for the building it moved into in 2001.



Portsmouth win High Court battle
Portsmouth are free to begin the new Championship season after a challenge to their Company Voluntary Agreement by HM Revenue & Customs fails.

Bank chiefs address lending fears
Six UK bank bosses are to form a taskforce designed to help get lending to businesses back on track.


Small-Business Lending Is Down, but Reasons Still Elude the Experts
The Fed chief said that stepped up lending to creditworthy businesses would bolster the recovery and reduce unemployment.


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Entrepreneurs Enter the Commercial Space Race
A Nevada company is preparing the solar system’s first private space station.


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