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    Big Loss for Avista in Star Tribune Bankruptcy

    The private equity firm Avista Capital Partners stands to take a big loss in the bankruptcy reorganization of The Star Tribune of Minneapolis.

    How to Spot a Good Deal

    Just because the asking price has been reduced umpteen times doesn’t mean the place is a bargain. And don’t go by price alone, because location still matters.

    Habitats: My Decorator? Mexico

    Boris Fishman found inspiration for decorating his Lower East Side apartment from visits to Mexican cities like Oaxaca and Xalapa.

    Violence Grips Tehran Amid Crackdown

    As police officers used sticks and tear gas to disperse thousands of demonstrators, the opposition leader, Mir Hussein Moussavi, said at a rally that “I am ready for martyrdom.”

    A Struggle for the Legacy of the Iranian Revolution

    The vote dispute has exposed a deep rift in Iranian society, and partisans on each side are sure they’re the majority.

    Pine Cone Restaurant

    cshym74 has added a photo to the pool:

    Pine Cone Restaurant

    pineconerestaurant.com/
    Sebastopol, CA (Sonoma county)

    900 British workers sacked after wildcat strikes

    Almost 900 workers were sacked from an oil refinery in Britain , one week after they called a wildcat strike in a dispute over redundancies, a trade union and plant owners Total said. …

    Britain says too early to lift Zimbabwe sanctions

    Britain said it will support Zimbabwe’s inclusive government despite its concerns about President Robert Mugabe but will not lift sanctions until Harare proves it is on a path to democracy.

    In NBA Renewal, a Home Court Advantage

    The National Basketball Association renewed the lease on its corporate offices in New York’s Olympic Tower, its home for more than three decades.

    It occupies more than 153,000 square feet on seven floors in the Fifth Avenue building, which is between…

    Arlington County Projected to Save $22M with DHS Relocation

    The Arlington County Department of Human Services (DHS) is relocating, a move that is estimated to save the local government agency more than $22 million.

    The DHS signed a 13-year, 144,740-square-foot lease with Foulger-Pratt at Sequoia Plaza One…

    U.A.W. Trust Picks Ex-G.M. Adviser for Board Seat

    The trustees overseeing health benefits for union retirees at General Motors said Thursday that they had chosen a former G.M. adviser to be a member of the automaker’s board.

    With New Owner, Madoff Trading Unit Gets New Life

    Bernard L. Madoff’s securities trading operation is poised to resume business with a new owner and new name, Surge Trading.

    Streetscapes | 135 West 70th Street: An Improbable Cradle of Rock Music

    The spectacular Pythian Temple, at 135 West 70th Street, was one of the greatest productions by the theater architect Thomas Lamb.

    Away: Two Familes and No Room for Guilt

    In the Methow Valley of the north Cascades, two couples share a custom-built residence to maximize vacation time and minimize cost.

    Obama Tries to Seize Moment of Opportunity on Health Care

    Politics and economics have converged to push health care reform to the center of the domestic agenda. Now comes the hard part.

    As Confrontation Deepens, Iran’s Path Is Unclear

    As another day of defiance, concessions and ominous threats transfixed Tehran, the situation had all the hallmarks of a standoff.

    FBI: Test shows Mich. man not long-missing NY boy

    The FBI says DNA testing has confirmed that a 54-year-old Michigan man is not a toddler kidnapped in Long Island, N.Y., in 1955. The FBI said Thursday that testing showed John Barnes…

    AP NewsAlert

    FBI says DNA test results show Michigan man not boy kidnapped in Long Island, N.Y., in 1955.

    Ohio mayor breaks up fight, calls teen ‘fatso’

    Online video shows an Ohio mayor biking through a city park stepped into a fight to break it up, yelling at the teens and calling one a “fatso.” A video posted on YouTube shows 70-year-old…

    Senate salvages ‘cash for clunkers’ program

    Republicans have lost an effort to kill a $1 billion “cash for clunkers” program that would offer government incentives of $3,500 to $4,500 to consumers who trade in old gas guzzlers for…

    Senate questions Obama’s financial oversight plan

    President Barack Obama’s plan to increase oversight of banks and other financial institutions met with skepticism on Capitol Hill on Thursday, where senators sharply questioned whether it…

    JPMorgan Hires Senior Merrill Deal Maker

    JPMorgan Chase said Thursday that it has hired a senior Merrill Lynch deal-maker as its new vice chairman of mergers and acquisitions, the latest in a reshuffling of the investment banking ranks since the onset of the financial crisis.

    Geithner Urges Quick Action on Financial Overhaul

    Treasury Secretary Timothy F. Geithner urged skeptical lawmakers on Thursday to act quickly on President Obama’s plan to overhaul the regulatory structure for the financial system.

    Pilot dies mid-flight; plane lands safely in NJ

    The pilot of a Continental Airlines flight from Brussels to Newark died over the Atlantic Ocean on Thursday, but the jet landed safely with two co-pilots at the controls. The 247…

    Former RBS boss agrees to halve pension

    The Royal Bank of Scotland PLC said Thursday that its former chief executive Fred Goodwin has agreed to halve his annual pension after outrage at the size of the payout and threats by the…

    Pratt & Whitney Wins US$26 Million Order for V2500 Engines from Israir

    PARIS, June 18 /PRNewswire/ — PARIS AIR SHOW — Israir, the second largest domestic airline in Israel, has selected International Aero Engines (IAE) V2500 engines to power three

    Senators begin amending health care bill

    Initial congressional work on the historic health care overhaul pushed by President Barack Obama is going so slowly that Sen. Christopher Dodd told colleagues: “I never suggested this was…

    With a Little Help, Greens Come to Low-Income Neighborhoods

    A public-private partnership has helped bring fresh produce to neighborhoods in Philadelphia where there were few choices for nutritious food.