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Bank of America Settles Lawsuit Over Bad Mortgages

Posted: 10/06/2008 - Facing a lawsuit over deceptive mortgage practices, a Bank of America subsidiary will modify tens of thousands of loans to help keep people in 11 states from losing their homes.

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Copyright Board Leaves Royalty Rate Unchanged

Posted: 10/03/2008 - The federal Copyright Royalty Board has left the royalty that songwriters receive on sales of CDs and digital downloads at 9.1 cents per song for the next five years.

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Fannie Mae Backs Off On Fee Hike

Posted: 10/03/2008 - Mortgage finance company Fannie Mae, seized by the federal government last month, is canceling a fee hike for new mortgages.

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Unemployment Report Due Today

Posted: 10/03/2008 - The Labor Department is to release the monthly unemployment report today, and analysts expect that it will show another month of job losses.

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Crude Skids

Posted: 10/03/2008 - Oil prices fell under $94 a barrel today in Asia on economic concerns.

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Crucial House Vote Looms

Posted: 10/03/2008 - A make-or-break second vote today in the House on the 700 billion-dollar financial industry bailout that went down to defeat Monday.

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Stocks End Sharply Lower

Posted: 10/03/2008 - Economic worries and concern about the possible fate of the financial bailout package combined to send stock prices sharply lower in the latest session.

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Mays School Sponsor to Talk Independent Business, Local Economy

Posted: 10/02/2008 - Steve Bercu, 30-year president of BookPeople, an independent Austin bookstore, and founder and president of the Austin Independent Business Alliance, will speak in College Station October 2 on sustaining locally owned businesses in a competitive marketplace.

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Southwest Seetting Up Priority Security Lanes

Posted: 10/01/2008 - Southwest Airlines says it will set aside priority security lanes for business-fare customers and frequent fliers at seven airports beginning next month.

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