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Viacom to cut 850 jobs in global restructure - Brand Republic
LONDON - Viacom has announced a major restructuring across its entire global business, which includes MTV Networks and Paramount Pictures, and will cull 7% of its workforce. Viacom will cut jobs in all divisions of the company, which will result in ...

Redstone sells majority stake in Midway Games - Brand Republic
It is part of a financial restructuring that Redstone is undertaking to refinance $800m of his $1.6bn of debt at his private holding company -- National Amusements -- before the end of the year. Redstone's borrowings were formerly secured against his ...

SITRONICS Signs US$ 230 Million Credit Facility Agreement with ... - Earthtimes
MOSCOW - (Business Wire) The one-year credit facility can be extended for a further 12 months subject to agreement between the parties. The new funds will be used to refinance loan facilities of US$ 125 million and US$ 75 million, which were provided ...

Pulse of the economy: The new frugality - AZCentral.com
This time, it's hitting all of us. On Nov. 21, 10 Republic reporters and four photographers fanned out across the Valley to take the pulse of the Arizona economy. They asked everyday people, many of them solidly middle-class, how they were coping. It ...

Risking the Country's Credit for Homeowners - Seekingalpha.com
I would like your opinion on an alternative to stimulate housing instead of the government meddling with rates to 4.5% and buying up loans from GSEs. It's such a bad idea and they are digging this country into a debt ridden hole. Why not tweak the ...

UPDATE 2-Gazprom sees state co-funding bigger investments - Reuters
UKHTA, Russia, Dec 3 (Reuters) - Russia's Gazprom (GAZP.MM: Quote , Profile , Research , Stock Buzz ) may ask the state to co-fund its investments in 2009 as it wants them to rise by 12 percent to a record $33 billion to speed up development of new ...

Gazprom sees state co-funding bigger investments - Forbes
UKHTA, Russia, Dec 3 (Reuters) - Russia's Gazprom may ask the state to co-fund its investments in 2009 as it wants them to rise by 12 percent to a record $33 billion to speed up development of new Arctic fields, its head said on Wednesday. "We are ...

A real-estate investor shares his 5 secrets for success - MyCentralJersey.com
Editor's note: Martin Sumichrast is an independent author who asked if he could submit the following article; the views herein are his and do not necessarily reflect the views of the Real Estate Editor, the Courier News, the Home News Tribune or ...

The Buzz: Dispelling retail myths - Post-Crescent
Most people by now have gotten multiple copies of the e-mail circulating on the Internet about massive store closures. It's true some retailers are closing or cutting underperforming stores in this weak economy. The e-mail, however, contains some ...

State Supremes: unsubstantiated allegations of teacher sexual ... - Spokane Spokesman-Review
In a case where the 11 petitioners are all known as John Doe, the state Supreme Court ruled 6-3 this morning that unsubstantiated allegations of teacher sexual misconduct can be withheld from public disclosure. School districts can investigate any ...

Today's Mortgage Terms starting with N

Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.

Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.

View all Terms

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