President Barack Obama and British Prime Minister Gordon Brown exuded optimism about a global deal to help pull the world out of recession on Wednesday, downplaying a rift with French President Nicolas Sarkozy ahead of the imminent Group of 20 leaders summit. ...more

April 1, 2009

Untangling the meltdown of the home loan industry could take years, but a clue lies in the way banks handed money to people like David William Earley. Earley owes more than $377,000 in child support and claimed poverty in court. His ex-wife has been trying to collect for 19 years on behalf of the couple's four children. His current wife said he hasn't worked in years. But none of that got in the way of a $125,000 home loan Earley and his wife Christina obtained in November 2006, or the $189,000 refinancing they secured in June 2007. ...more

February 11, 2009

The Arena Football League announced Monday it was suspending operations for the 2009 season. A statement from the league confirmed the AFL's board of directors met via conference call Sunday evening and voted in favor of suspension. The statement said the decision is "subject to agreement and cooperation with the Arena Football League Players Association while the league works on developing a long-term plan to improve its economic model." ...more

December 16, 2008

The Arena Football League has decided to suspend operations for the 2009 season, the league announced Monday. ...more

December 15, 2008

It was the best news Tim Marcum heard all week, and it brought with it a sense of relief. ...more

December 11, 2008

The newspaper industry is constantly bewailing its need for a new economic model, as the Internet upends the old one. Maybe it could take a page from the Club Penguin Times. ...more

September 15, 2008