Newsweek, The Daily Beast Discuss Potential Merger

Newsweek magazine and news website The Daily Beast are in talks about a possible merger, according to The Wall Street Journal.

The two news outlets are considering a structure whereby Tina Brown, co-founder and co-owner of The Daily Beast, would beco…

Meat Prices Highest Since 1980s – and Still Rising

The burger or bacon you put on your plate is likely at its most expensive since the 1980s, and it’s only going to get pricier.

The surging price of corn futures – which allow farmers to lock in the price of the grain for an extended period – means fe…

Attorneys General May Launch Foreclosure Investigation

Attorneys general in dozens of states plan to launch a joint probe into charges that banks used bogus paperwork to evict borrowers from their homes.

The investigation will go after charges that lenders including GMAC, JPMorgan Chase (JPM) and Bank of America (BAC) forged documents and faked social security numbers in order to foreclose on homes, The New York Post said.

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Attorneys General May Launch Foreclosure Investigation originally appeared on DailyFinance on Mon, 11 Oct 2010 07:35:00.

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Daimler Will Recall 85,000 Mercedes Cars in the U.S.

Mercedes

Daimler AG (DDAIF) is recalling about 85,000 Mercedes-Benz cars in the U.S. to adjust their power-steering systems.

The adjustment is aimed to prevent the loss of power steering fluid, The Wall Street Journal said, citing a statement on the website of U.S. traffic authority NHTSA.

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The recall affects the Mercedes 2010 C-Class and the 2010 and 2011 E-Class Coup and Cabriolet models….

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Daimler Will Recall 85,000 Mercedes Cars in the U.S. originally appeared on DailyFinance on Mon, 11 Oct 2010 07:18:00.

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