Affordability is up: More first-time home buyers will enter marketFriday, November 21, 2008 @ 9:24AMReal estate professionals Thursday were told to prepare for a housing market in 2009 that is frothy, but built on a dune of shifting economic sand.
Community banks on shaky groundThursday, November 20, 2008 @ 8:40AMMany community banks in the Portland area are standing on wobbly legs, laden with loans to homebuilders and developers and buffeted by the world financial crisis.
RV Products shuts down until JanuaryThursday, November 20, 2008 @ 7:16AM Wichita-based RV Products will shut down production for six weeks because of economic conditions. The company, at 3050 N. St. Francis, makes heaters and air conditioners for the recreational vehicle industry. The shutdown affects 161 workers. Their last day will be Friday, and they are scheduled to return to work Jan. 5. They will not be paid during the shutdown but will retain benefits. ...
Minor difficulties: Hotel owner, bank at oddsTuesday, November 18, 2008 @ 3:20PMJust a year before Halsey Minor stepped down as CEO of Cnet in 2000, the tech industry news website he founded in 1992, Fortune estimated his net worth to be $394.1 million. FILE PHOTO BY JAY KUHLMANN Charlottesville’s most-hotly anticipated building project, the Landmark Hotel, has erupted into controversy, as $24 million in bank loans disappeared last [...]
Credit markets across the globe, which were flush with liquidity not too long ago, are in a limbo as inter-bank ...Tuesday, November 18, 2008 @ 11:45AMWill the world come to a spectacular and disastrous financial end? Credit markets across the globe, which were flush with liquidity not too long ago, are in a limbo as inter-bank borrowing stands frozen after a series of prominent write-downs, insolvencies and collapses.