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Four Part Series : Real Estate Short Sales

Four Part Series : Real Estate Short Sales

Part 1: What Is A Short Sale?     The basic answer to what is a short sale is a short sale is a property that sells for less than the balance owing on its mortgage. A short sale can be an underwater home, an apartment building or even vacant land. If there is a mortgage balance that is greater than the market value of the home, that property is a short sale. The home can also be a... Read more

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Obama Says Congress Knew About Surveillance

Obama Says Congress Knew About Surveillance

    President Barack Obama on Friday forcefully defended revelations that the National Security Agency is collecting phone records and electronic communications, saying that Congress was fully briefed and the programs are limited in scope.   "The programs are secret in the sense that they are classified. They are not secret, in that every member of Congress has been briefed," he said during a speech in San Jose, Calif. "These are programs that have been authored by large bipartisan... Read more

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18 Of America's Biggest Companies Using Tax Havens To Skirt $92 Billion In U.S. Taxes

18 Of America's Biggest Companies Using Tax Havens To Skirt $92 Billion In U.S. Taxes

    Apple may be getting all the attention from lawmakers and the news media for its offshore tax practices, but a new report finds that other major companies are using similar tactics to avoid paying taxes on billions of dollars in profits.    At least 18 companies, including Nike, Microsoft and Apple, are stashing profits in offshore tax havens likely in a bid to avoid paying taxes, according to a new report from the Citizens for Tax Justice,... Read more

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The debt we owe our servicemen and women

The debt we owe our servicemen and women

THERE WAS a time not long ago in our history — 70 years or so — when the most dread event in an American home was likely to be the arrival of a telegram. That was the way the military notified families that they had lost someone in the war. In those years, 1941-45, hundreds of thousands of people received them — spouses, mothers, fathers. It was not a common experience, but it was a... Read more

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President Obama Reacts To Tornado Disaster

President Obama Reacts To Tornado Disaster

        President Barack Obama spoke Tuesday on the damage from a massive tornado that ripped through the town of Moore, Oklahoma, on Monday.   "In an instant, neighborhoods were destroyed, dozens of people lost their live," Obama said.   "In some cases there will be enormous grief that has to be absorbed, but you will not travel that path alone. Your country will travel with you," Obama continued.   "We are a nation that stands with our fellow citizens as long as... Read more

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Oklahoma Senators Repeatedly Opposed Disaster Relief Funds

Oklahoma Senators Repeatedly Opposed Disaster Relief Funds

       As frantic rescue missions continued Monday in Oklahoma following the catastrophic tornadoes that ripped through the state, it appeared increasingly likely that residents who lost homes and businesses would turn to the federal government for emergency disaster aid. That could put the state's two Republican senators in an awkward position.    Sens. Jim Inhofe and Tom Coburn, both Republicans, are fiscal hawks who have repeatedly voted against funding disaster aid for other parts of the country. They... Read more

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Technology

Vine videos provide clues to new design,…

19 Jun 2013

It's no coincidence that the teaser videos come just a day before Twitter rival Facebook is expected to announce an Instagram video feature for... Read more

Microsoft has 'no plans' to revisit Xbox…

19 Jun 2013

Even as the company backtracks on its unpopular game-sharing policy, a company exec tells CNET that it won't budge on the price for the... Read more

Microsoft's Xbox DRM reversal not the fi…

19 Jun 2013

Microsoft's backpedaling on DRM restrictions for its upcoming Xbox One are not the first reversal from a tech giant. Here are 12 others. [Read... Read more

Shiny Panasonic coffeemaker smells good

19 Jun 2013

The Panasonic NC-ZF1V Coffee Maker features a distinctive design. Rounding out the box with rounded corners is an aroma selector. [Read more]     Read more

Business

Fed will keep pedal to metal on economic…

19 Jun 2013

The economy is growing, the labor market is improving and inflation is nothing to worry about. That's the Federal Reserve's widely-anticipated assessment of the... Read more

Italian designers Dolce, Gabbana convict…

19 Jun 2013

MILAN, Italy - Fashion designers Domenico Dolce and Stefano Gabbana were given a suspended 20-month jail sentence on Wednesday after being found guilty of... Read more

Stocks skid 200 points as Fed hints at s…

19 Jun 2013

Stocks accelerated their selloff in the final hour of trading on Wednesday to close over 200 points lower, after the Federal Reserve said it... Read more

Listing of the week: Live in an old Armo…

19 Jun 2013

49 Florida Ave., Amsterdam N.Y. For sale: $895,000Situated high above a bluff overlooking the Mohawk River and the upstate New York town of Amsterdam... Read more

Politics

The metadata muddle: How effective is ca…

19 Jun 2013

The Obama administration has proven adept at the public relations response to the surveillance leaks. Read more

Naval Academy charges 3 in assault

19 Jun 2013

Three football players are charged for an alleged sexual assault that took place last year. Read more

The leaker who won't stop talking

19 Jun 2013

Edward Snowden is risking overexposure in a big way. Read more

Cruz unhappy with Gang of Eight 'braggin…

19 Jun 2013

He criticizes the bill for what he sees as a failure to balance Democratic and Republican proposals. Read more

Asia

Can China spend itself richer?

19 Jun 2013

Will China's new middle class spend its way to dominance? Read more

Kerry calls Karzai to defuse tension

19 Jun 2013

The US Secretary of State John Kerry calls the Afghan leader to defuse tension over the opening of a Taliban office, an Afghan official tells... Read more

VIDEO: Afghanistan to boycott Taliban ta…

19 Jun 2013

The Afghan government will not take part in peace talks with the Taliban unless the process is "Afghan-led", President Hamid Karzai has said Read more

India firing 'killed Kashmir girl'

19 Jun 2013

A nine-year-old girl is killed in unprovoked mortar shelling by Indian troops, officials in Pakistani-administered Kashmir say. Read more

Health

Mortality Appears To Be Higher…

19 Jun 2013

JAMA Dermatology Study Highlights Although overall mortality rates due to single primary melanomas (SPMs) and multiple primary melanomas (MPMs) appear to be similar, relative... Read more

Group-Based Child Care Appears…

19 Jun 2013

Regulated group-based child care appears to be associated with reduced risk for emotional problems among children of mothers with maternal depressive symptoms, according to... Read more

Prenatal Exposure To Maternal …

19 Jun 2013

JAMA Psychiatry Study Highlights Whether adolescents with prenatal exposure to maternal cigarette smoking differ from their nonexposed peers in the response part of their... Read more

Smoking Cessation Associated W…

19 Jun 2013

JAMA Surgery Study Highlights Smoking cessation at least one year before major surgery eliminates the increased risk of postoperative mortality and decreases the... Read more

Sports

Body near Patriot's home was semi-pro at…

19 Jun 2013

BOSTON (AP) — A man found dead in an industrial park about a mile from New England Patriots tight end Aaron Hernandez's house was... Read more

Spurs' Duncan unconcerned about pressure…

19 Jun 2013

By Julian Linden MIAMI (Reuters) - After 17 seasons in the National Basketball Association (NBA), San Antonio Spurs evergreen power forward Tim Duncan has... Read more

Yankees impressed with first look at Dod…

19 Jun 2013

By Larry Fine NEW YORK (Reuters) - The New York Yankees got a first-hand look at Cuban rookie sensation Yasiel Puig of the Los... Read more

FACTBOX: NBA-Memorable Finals Game Seven…

19 Jun 2013

(Reuters) - The Miami Heat face the San Antonio Spurs in Game Seven of the NBA Finals on Thursday, marking the 18th time the... Read more

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