Patrick Dempsey hit the stage at the TCAs to promote his documentary series, Racing LeMans, which chronicles the Grey’s Anatomy actor’s journey to compete in the iconic 24 Hours of Le Mans race in France.Dempsey admitted while fielding questions that financing his racing career has been the driving force behind staying with the show, because “the more money you have, the faster you go.”
Federal-authorities-were-planning-to-arrest-several-people on charges that they hacked into the computer servers of financial companies, including the parent company of the Nasdaq stock exchange, according to people briefed on the arrests.
The Senate has passed a bill that would make it less expensive for college students to borrow money this fall to pay for classes, housing and books. But interest rates could soon start climbing. (July 24)
Judge Steven Rhodes will reconvene a hearing to issue a ruling on whether several lawsuits claiming that Detroit’s bankruptcy filing was against the Michigan state constitution should be stayed.
Dell said founder Michael Dell and private equity partner Silver Lake raised their buyout offer for the PC maker by 10 cents per share and were seeking to ease the voting requirements.
Steven Rhodes, the bankruptcy judge overseeing Detroit’s historic bankruptcy filing, has proposed appointing a federal judge as mediator, to hash out the most difficult disputes as the city struggles to resolve more than $18 billion in bond and pension obligations.
Dell said founder Michael Dell and private equity partner Silver Lake raised their buyout offer for the PC maker by 10 cents per share and were seeking to ease the voting requirements.
The success of President Barack Obama’s health care law may hinge on whether the best minds in advertising can reach one of the hardest-to-find parts of the population: people without health coverage. The AP’s John Mone has the story. (July 24)
House Speaker John Boehner says President Barack Obama’s economy speeches show he hasn’t been concentrating enough on job growth. Boehner says he welcomes Obama to the conversation and says the GOP never left it. (July 23)
This morning, UBS initiated coverage on shares of North Star Realty Finance (NRF) with a buy rating as the company is seeing the demand for commercial loans improving. With the buy rating, UBS set $13 price target.
