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CBN: 10 Banks Have N1.5tr Negative CapitalThursday, July 29, 2010 @ 11:03PMTen banks that failed a joint examination conducted last year for 24 of them by the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) currently have a negative capital of N1.5 trillion, the apex bank Governor Sanusi Lamido Sanusi has said.

Housing policy must be set on sustainable basisThursday, July 29, 2010 @ 10:54PMThe financial reform bill enacted last week is a significant step toward a much-needed modernization of our regulatory structure. It will provide tools to help mitigate and manage the next financial crisis. But the job remains unfinished until Congress addresses the housing policies that fueled the crisis -- a big part of which requires reforming and dramatically scaling back Fannie Mae and ...

KC man is given prestigious Charles Taylor ‘Master Mechanic’ award by FAAThursday, July 29, 2010 @ 10:46PMJames Davis moved his family from New Jersey to Kansas City in 1966 to take a job maintaining aircraft for TWA. On Thursday, his longevity was recognized when he became the 25th technician at the Kansas City International Airport’s overhaul base, now run by American Airlines , to be honored by the Federal Aviation Administration with its Charles E. Taylor “Master Mechanic” award for 50 years of ...

Broadway sings blues over synthesizer invasionThursday, July 29, 2010 @ 10:24PMBy Sebastian Smith FEATURE NEW YORK: While audiences at Broadway's "West Side Story" thrill to the on-stage drama, musicians in the orchestra pit are fighting a battle every bit as vicious as the Sharks-Jets rivalry. This is gang warfare of a high-minded sort, pitting some of New York's best live musicians against a synthesizer they fear will usurp the job of playing Leonard Bernstein's ...

Sony, Panasonic Withstand Strong Yen With ForecastsThursday, July 29, 2010 @ 10:14PMSony Corp. and Panasonic Corp., the world’s largest consumer-electronics makers, signaled Japanese technology companies are withstanding slowing European demand and the stronger yen after raising their earnings forecasts.

Project Runway Season 8 Premieres With move to Lifetime NetworkThursday, July 29, 2010 @ 10:00PMProject Runway, a hit television series for Bravo has officially begun its eighth season. This year though, the show will be aired on the Lifetime network. The show puts contestants against one another as they look to accomplish various design challenges while working in the fashion & beauty industry. We have details on the new contestants thanks to an article published earlier today by ledger ...

Anti-violence plan touches off a fightThursday, July 29, 2010 @ 9:55PMMinneapolis activists say a Chicago model ignores their efforts. Federal funds will pay for local help, an official says.

Layoffs and cost-cutting at Chicago City CollegesThursday, July 29, 2010 @ 9:43PMCHICAGO (AP) -- Mayor Richard M. Daley says the seven Chicago City Colleges will lay off 225 non-teaching employees, eliminate 86 unfilled jobs and cut administrative credit card use and travel.

Tim Tebow Adds Jockey Underwear Model To List of JobsThursday, July 29, 2010 @ 1:41PMHe hasn't taken a pro snap yet or even signed a contract, but Tim Tebow's the top-selling NFL rookie jersey of all time starting at $80 all the way up to $240 for the NFL authentic version. Now he's going to be the spokesman for Jockey underwear.