Aaron's Daily WWW Newspaper

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-Thanks, Aaron, proprietor of the Last Homely House

This edition was generated on Tue Aug 11 08:45:01 EDT 2009

Table of Contents

General News Update
Sports News Update
Business News Update
Miscellaneous Daily Information
Boston Area Weather


General News Update

Yahoo! Reuters Headlines-General News:

FILE - In this Nov. 5, 2006 file photo, Eunice Kennedy Shriver waves to the AP
JFK's sister Eunice Kennedy Shriver dies at 88 AP – 4 mins ago

BOSTON – President John F. Kennedy's sister, Eunice Kennedy Shriver, who carried on the family's public service tradition by founding the Special Olympics and championing the rights of the mentally disabled, died early Tuesday surrounded by relatives at a Hyannis hospital. She was 88. Full Story »

Sports News

Yahoo! Reuters Headlines-Sports:

Tiger Woods Getty

Woods to be fined for criticism of rules official

AP – Mon Aug 10, 8:10 pm ET

CHASKA, Minn. – Tiger Woods will be fined by the PGA Tour for his public criticism of a rules official after winning the Bridgestone Invitational, a tour official said Monday. Full Story »

FILE - In this Wednesday, Aug. 5, 2009 file photo, Vice President Joe Biden AP

GM says Volt to get 230 miles per gallon in city

AP – 11 mins ago

DETROIT – General Motors Corp. said Tuesday its Chevrolet Volt rechargeable electric car should get 230 miles per gallon of gasoline in city driving, more than four times the mileage of the current champion, the Toyota Prius. Full Story »

  • Watchdog says bad assets still threaten banks

    AP – Tue Aug 11, 12:03 am ET

    WASHINGTON - Despite signs that the financial system has stabilized, banks remain threatened by billions of dollars of bad loans on their balance sheets, and more could fail if the economy worsens, a congressional watchdog reports. Full Story »

  • Earnings Preview: Sara Lee Corp.

    AP – 1 hr 31 mins ago

    PORTLAND, Ore. - Sara Lee Corp., the maker of Jimmy Dean sausages, Hillshire Farm deli meats and Sara Lee breads, reports earnings for its fiscal fourth quarter on Wednesday before the market opens. The following is a summary of key developments and analyst opinion related to the period. Full Story »

  • Stasi prison memorial pleas for financial help

    AP – Mon Aug 10, 1:39 pm ET

    BERLIN - The memorial at the former prison run by Communist East Germany's Stasi secret police is deep in debt after being flooded with nonpaying visitors this year as Germany marks the 20th anniversary of the fall of the Berlin Wall, an official said Monday. Full Story »

  • High-profile Calif. real estate agent acquitted

    AP – Mon Aug 10, 10:09 pm ET

    LOS ANGELES - A high-profile Beverly Hills real estate agent has been acquitted of participating in a massive mortgage fraud scheme that caused federally insured banks to lose more than $40 million. Full Story »

  • Oil falls below $71 ahead of US retail reports

    AP – Mon Aug 10, 3:19 pm ET

    Oil prices fell below $71 a barrel Monday ahead of this week's U.S. consumer spending data that could shed light on the strength of the economic recovery. Full Story »

  • Maguire Defaults on Seven California Properties

    BusinessWeek – 36 mins ago

    It's one of the nation's largest real estate investment trusts, but these days Maguire Properties looks like just another heavily indebted homeowner trying to renegotiate loans and cope with foreclosure. Full Story »

  • Oil prices rise as OPEC sees demand rebound

    AFP – 1 hr 20 mins ago
    Oil prices climbed slightly, nearing 74 dollars in London, as... AFP/File

    LONDON (AFP) - Oil prices climbed slightly on Tuesday, nearing 74 dollars in London, as OPEC stuck to its forecast of a rebound for energy demand next year. Full Story »

  • First Horizon's performance earns it a downgrade

    AP – Mon Aug 10, 2:10 pm ET

    NEW YORK - First Horizon National Corp.'s aggressive handling of its bad mortgage and construction loans earned the bank praise, but it's stock got a downgrade Monday. Full Story »

  • State Street's legal reserve may not be enough

    AP – Mon Aug 10, 6:40 pm ET

    BOSTON - State Street Corp. says a legal reserve of about $625 million it established two years ago may not be enough to cover claims and potential penalties related to fixed-income investments that included subprime mortgages. Full Story »

  • GMAT Test Prep: A User's Guide

    BusinessWeek – 36 mins ago

    Your GMAT exam score, while only one part of your business school admissions application, can be the difference between getting accepted or rejected at your first-choice school. In fact, 55% of the 250 MBA admissions officers who responded to the 2008 Kaplan Business School Admissions Survey said the GMAT is the most important factor in the business school application. While schools look at the complete package, they will be turned off by a lower-than-average GMAT score, which they use to determine how successful you will be academically. ... Full Story »

Miscellaneous Daily Stuff

Quotes of the Day

Selected from Michael Moncur's Collection of Quotations - August 11, 2009
I got kicked out of ballet class because I pulled a groin muscle. It wasn't mine.
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Rita Rudner
Treat all disasters as if they were trivialities but never treat a triviality as if it were a disaster.
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Quentin Crisp
Every generation laughs at the old fashions, but follows religiously the new.
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Henry David Thoreau (1817 - 1862), "Walden", 1854
Beauty is in the eye of the beholder and it may be necessary from time to time to give a stupid or misinformed beholder a black eye.
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Miss Piggy

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