However, the month-over-month gain was not in new foreclosure cases started. Instead, it was in properties that were already in the foreclosure pipeline and either were sent notices of a court-ordered sale of the property or notices that the property had been repossessed. The decline in foreclosure starts locally mirrored trends seen elsewhere. Nationally, foreclosure starts fell 8 percent in August from a year ago, to their lowest level since December 2005, Overall foreclosure filings in August were down 2 percent from July and down 34 percent from August 2012.
Lucky fliers got by with only paying a 9-11 security fee at $2.50 per flight leg, or $5 to $10 per ticket. Bookings were halted on united.com and by phone after the mistake was caught, but service was restored by mid-afternoon. Bloomberg News reports that the free fares were available for a couple of hours before United shut down its site. Airlines aren’t required by the government to honor fares when mistakes happen, and many cancel tickets if there has been a big blunder. But some offer vouchers to travelers as a consolation prize.
Twitter takes first step toward going public
Assuming it sells around 10 percent of its shares, or $1 billion, underwriters could stand to divide a fee pool of $40 million to $50 million, assuming an overall fee cut of 4 percent to 5 percent, according to Freeman & Co. But the benefits for banks that underwrite the deal would likely be far-reaching. “Some companies will say, ‘We liked the way you handled Twitter, and we want to come to you first when we do our IPO,'” said David Menlow, president of IPOFinancial.com. “It’s not only bragging rights,” Menlow said.
2.2M dehumidifiers recalled after fires
Home > Business > Chicago Breaking Business Gree recalls 2.2 million dehumidifiers in U.S. after dozens of fires The recall affects about 80 dehumidifiers with brand names Danby, De’Longhi, Fedders, Fellini, Frigidaire, Gree, Kenmore, Norpole, Premiere, Seabreeze, SoleusAir and SuperClima, the commission said. (Consumer Product Safety Commission ) Reuters 5:33 a.m. CDT, September 12, 2013 WASHINGTON (Reuters) – China’s Gree Electric Appliances Inc is recalling about 2.2 million dehumidifiers after the devices caused dozens of fires and $2 million in damage, the U.S. Consumer Product Safety Commission said on Thursday.