December 15, 2013 |
Major corporations raise capital by selling shares in themselves. So do companies with little or no substance behind them. Even start-ups sometimes "go public" before they really start up. So why can't America's homeowners? They can. In yet another new twist on the age-old concept of shared appreciation, they soon may be able to raise money for a down payment, or build up enough equity to jettison a higher-rate mortgage for a less expensive one, by "selling" shares in their homes.
November 16, 2013 |
WASHINGTON - He's vented, attacked, apologized and adjusted. Now, President Obama has one move left in his attempt to salvage the rollout of his healthcare law : hope the website works soon. The White House, knowing a functional website is needed to calm its panicky allies, has now entered the wait-and-see period of its triage after the turmoil that has followed the Oct. 1 rollout. With the latest fix to the law unveiled, a bruising House vote behind them and experts working feverishly on the broken website, administration officials believe they may have weathered the worst.
November 6, 2013 |
WASHINGTON - Sixteen Senate Democrats met with President Obama on Wednesday to urge that he right his foundering healthcare website, warning of a "crisis of confidence" if he doesn't act quickly. The president's team acknowledged struggling with how to present its message to the public, but some senators left the meeting more concerned that there were no immediate fixes forthcoming more than a month after healthcare.gov went live. With reelection battles looming, fellow Democrats have been left to explain the website failures while hoping that the benefits of the Affordable Care Act are just around the corner.
October 25, 2013 |
WASHINGTON - The Obama administration hired a general contractor to fix its troubled health insurance website and promised Friday that the key feature of the president's healthcare law would be running smoothly by the end of November. That target date was the first public deadline officials offered for troubleshooting the glitch-riddled website. In announcing the time frame, Jeffrey Zients, the management consultant enlisted to assess the situation, acknowledged that dozens of unresolved problems remained, including software flaws - contradicting administration officials' early claims that unexpected traffic volume was the main cause of the frequent error messages, frozen screens and other problems.
HOME & GARDEN
October 25, 2013 |
So we're having drinks, T-Bone and I, and he's telling me that he wants to throw a party soon, and I suggest inviting a coven of witches, because who parties better than witches? And he starts telling me about this witches bookstore in Hollywood - the real deal, not some cheesy little shop that sells Harry Potter key chains but a store that takes its pagans pretty seriously. "I've been to a couple of Wiccan bookstores in Salem, and this was better than that," T-Bone says, as if to screw in his point.
October 24, 2013 |
The Federal Communications Commission wants to learn more about the Spanish-language television marketplace. The regulatory agency that has oversight over the broadcasting industry said Thursday it is launching a study of Latino TV station ownership, programming and viewing. Noting that recent census data show that 17% of the U.S. population is of Latino origin, the FCC said it wants to encourage broadcast diversity. ON LOCATION: Where the cameras roll "With today's announcement, the FCC is further demonstrating its commitment to gather data and fund research and analysis to understand better how the commission's policies promote the public interest," the agency said in a statement.