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Host Hotels 2nd-qtr results up nearly 17 percent
BETHESDA, Md. AP - Host Hotels Resorts Inc., the largest U.S. hotel real estate investment trust, said Wednesday that its second-quarter results rose 16.7 percent on strong room rates, beating Wall Street expectations.Funds from operations were 56 cents per share for the three months ended June 13. In the year-ago period, Host reported FFO of 48 cents per share, including costs of 8 cents per share associated with debt refinancing.The Savage Character Of Family Courts
If you doubt for one moment our membership in the animal kingdom, spend some time in family court in a high-conflict case. I swear you can all but hear the parties snarling at one another in territorial rage. The claims of reason are tenuous when what's at stake is an affair of the heart. We are, as David Hume observed long ago, slaves to our passions.UBS informant heading to Penn. prison
MIAMI AP - The key informant in the U.S. tax evasion probe of Swiss bank UBS AG is heading to a Pennsylvania prison to serve his sentence.Attorneys for 44-year-old Bradley Birkenfeld say he'll report Friday to the Schuylkill County Federal Correctional Institution in Minersville, Pa. Birkenfeld was sentenced to more than three years in prison after pleading guilty to fraud conspiracy.View more book results for the query "*"
White House directed to preserve backup tapes containing millions of e-mails
A federal judge Monday ordered the White House to preserve copies of all its e-mails, a move that Bush administration lawyers had argued strongly against.Citigroup cancels Primerica's biennial convention in Atlanta
Citigroup Inc., the parent of life insurer Primerica Financial Services, canceled the unit's biennial convention in Atlanta to reduce expenses. The convention, which last year attracted 55,000 people, was scheduled for June 17-20. The company also canceled a planned trip this month to the Bahamas for top Primerica agents, Primerica spokesman Mark Supic said Friday in an interview.Following accusations that Wal-Mart and plaintiffs lawyers negotiated a deal to end a wage and hour class action behind the backs of class representatives, a judge in Massachusetts has rejected the proposed settlement.
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