Diane Alter – AHN News Reporter Wilbraham, MA, United States (AHN) – The Friendly’s restaurant chain is preparing for a possible bankruptcy filing as early as next week, the Wall Street Journal reported Friday. The Wilbraham, MA, company best known for its hamburgers and sundaes employs roughly 10,000 people and operates more than 500 restaurants. [...]

Linda Young – AHN News Writer Charlotte, NC, United States (AHN) – Bank of America on Wednesday announced it has agreed to pay $8.5 billion to settle a dispute with investors who lost money on mortgage-backed securities. It is the largest settlement ever for a mortgage lender and ends a nine-month battle between the bank [...]

David Goodhue – AHN News Reporter Washington, D.C., United States (AHN) – Two federal appeals court judges ruled Friday that government financing for human embryonic stem cell research can continue in many cases. The judges, with the United States Court of Appeals for the District of Columbia, ruled that government money can go toward research [...]

Matthew Borghese – AHN News Contributor Miami, FL, United States (AHN) – Voters in South Florida have vented their anger at Miami-Dade County Mayor Carlos Alvarez, booting him from office in a recall election. Voters also sacked Commissioner Natacha Seijas. Recalling the pair were the only two issues before voters on Tuesday and Alvarez’s sacking [...]

Despite high unemployment and a slow recovery more people are planning to travel this year and they expect to spend more money than they did in 2010, according to a new report. View full post on All Stories

Vittorio Hernandez – AHN News Ottawa, Ontario, Canada (AHN) – The global financial crisis has caused the combined budget deficits of Canadian provinces to top $26.6 billion this fiscal year. The amount is a 20-fold increase from two years ago. Public finance experts said the provinces would have to start wiping out their deficits and [...]

AHN Sports Staff Dallas, TX, United States (AHN Sports) – Dallas Mavericks owner Mark Cuban is interested on planning and then financing an alternative playoff system that would revolutionize college football for years, a major sport media outlet reported Wednesday. ESPN indicated Cuban is currently in the “exploratory stage” of his plan to integrate a [...]

Product DescriptionMany people are hesitant about the process of refinancing their mortgages because they know very little about the process, the terms used in the process or the options that are open to them today as they attempt to refinance their homes. As we know, there are many different mortgage packages available in the market [...]

Managing the debt skillfully is very important nowadays. Money matters a lot, if you don’t have money you will not be entertained anywhere. Financial institutions are also providing risky loans to them in higher rate of interests. On point of time they become heavily indebted. Some people in UK posses multiple credit cards beside many [...]

AHN News Staff D.C., Washington, United States (AHN) – Over 21,000 transactions were made by the U.S. Federal Reserve when it stabilized the financial markets. Details of the transactions made in 2008 and 2009 were posted on the agency’s website upon order by Congress. The details include names of companies that borrowed money and the [...]

A common UK proverb says, “A sick man can sleep nicely, but debtor can not”. Debts are cause of tension if you are not able to repay them. Creditors keep calling or threatening you time to time for the due payments. It is not an ideal situation for any normal citizen. Money is important part [...]