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UK plumbing supplies firm Wolseley cuts 2,000 jobs - Kansas City Star
Wolseley PLC, the world's largest distributor of plumbing products, said Monday it would shed 2,000 jobs and close 200 branches in Britain and Ireland to adjust to the economic downturn. The company, which has already cut 5,000 jobs across Europe and ...

Title companies in Wichita doing what they can to cope with housing ... - Wichita Business Journal
Debbie Schremmer, president of Kansas Secured Title-Sedgwick County, says her company last year trimmed four workers in anticipation of a housing slowdown. Home sales this year are down nearly 15 percent. Wichita title companies are grappling with ...

Viewer Stories: Living Paycheck To Paycheck - WSB-TV Atlanta
The economy has caused my employer to cut me to a 3/4 worker, cutting my wages but still putting me above the line to qualify for underemployment. I've spent months searching for a new job without luck. I refuse to look beyond the tri-city area ...

2008 (2665) - Dakota Voice
► May 22 - May 29 (1) To assuage conservatives, McCain has rolled out endorsements from leading conservatives and aired a new television ad that mentions Ronald Reagan. He plans to attend a major gathering of conservatives later this month. The ...

Financial crisis forces fire sales of Russian businesses, banks - Kansas City Star
A year ago, Yevgeny Chichvarkin was the very picture of Russia's rollicking vanguard of young millionaires in a nation of seemingly endless stacks of cash and lines of credit. The 34-year-old's cell phone company, Euroset, began with one retail shop ...

McCain proposes suspending mandatory stock sales - Kansas City Star
John McCain proposed Friday that the elderly be allowed to hang on to the stocks in their retirement funds and not be forced to sell them in a bad market. The Republican presidential candidate would suspend requirements that people start selling off ...

Judge OKs financing plan for Interstate Bakeries - Kansas City Business Journal
U.S. Bankruptcy Judge Jerry Venters on Wednesday approved a plan that would give Interstate Bakeries Corp. almost $600 million in financing to emerge from Chapter 11 bankruptcy. Kansas City-based Interstate Bakeries (Pink Sheets: IBCIQ), which filed ...

ICOP wins extension to find new lender - Kansas City Business Journal
ICOP Digital Inc. has received a 45-day extension to find a new lender. The Lenexa-based company (Nasdaq: ICOP), which makes digital cameras for security, said in a Thursday release that it’s progressing in negotiating to replace its line of credit ...

After the Building Boom - Wall Street Journal
The economy's swoon and Wall Street's woes are taking a particularly specific and tough toll on art museums. The art boom of the past two decades, and the resulting skyrocketing costs of acquisitions and insurance, led museums to staff their boards ...

CAMPAIGN NEWS - US News and World Report
This morning's campaign coverage portrays the presidential race as having shifted decidedly in Sen. Barack Obama's favor, giving Sen. John McCain very little chance of picking up any states not won by President Bush in 2004. ABC World News described ...

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Today's Mortgage Terms starting with E

  • Equity: The difference between the current market value of a property and the total debt outstanding against the property.
  • Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.

    View all Terms
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