At a company golf outing a few years ago, Michael Levine tried to rattle his 24-year-old colleague as he was about to putt by stealing a line from the 1980 movie “Caddyshack:” “Noonan!” he yelled, just as the caddies in the film did to disrupt a character on the green.
Original post by Technology news - […]

In a city filled with foreclosures and abandoned buildings, East Warren Avenue on Detroit’s east side could be called the epicenter. Banks own 1,331 buildings in the surrounding 48224 zip cipher. More than 7 percent of homes in the area were in foreclosure last year — the highest rate in the city.
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The years-long trend of Americans buying homes and expatriating to Mexico has collapsed, done in by a trifecta of the recession, swine flu and an epic crime wave.
Original post by Technology news - Business 2.0 Magazine

To motivate the well-off to funnel more of their cash into small businesses, should the federal government offer investors new tax breaks?
Original post by Technology news - Business 2.0 Magazine

In its first full quarter since emerging from a whirlwind trip though bankruptcy, CIT Group returned to profitability.
Original post by Technology news - Business 2.0 Magazine

Main Street investors have shrugged off stories about Wall Street trickery and absorbed brightening economic headlines to stage an ever-so subtle return to U.S. stocks. Until two weeks ago, mom-and-pop investors were buying U.S. equity funds in the steadiest fashion since late 2004, according to funds tracker EPFR Global. When you combine retail and institutional […]

February home prices posted their first year-over-year increase since December 2006, according to a report out today.
Original post by Technology news - Business 2.0 Magazine

The next moment you reach for your wallet at the grocery store or the mall, chances are you’ll whip out a debit card rather than a credit card. Since 2000, the number of debit payments has more than doubled, while the number of credit transactions has fallen by nearly half, according to bank card advisory […]

Mortgage cheat is still on the rise, according to a report released Monday, despite efforts by law enforcement and policy makers to rein it in.
Original post by Technology news - Business 2.0 Magazine