Monday, March 29, 2010

Need Mortgage Modification?

Financial expert and author Clyde Anderson shows who could benefit from President Obama's mortage modification plan.

Census' Identity Questions Cause a Stir

Questions 8 and 9 on the U.S. Census form have stirred up controversy over race and political correctness in America.

Young job-seekers hiding their Facebook pages

Many students and recent graduates say they are changing their names on Facebook or tightening privacy settings to hide photos and wall posts from potential employers.

And with good reason.

A recent survey commissioned by Microsoft found that 70 percent of recruiters and hiring managers in the United States have rejected an applicant based on information they found online.

To read the full article by Stephanie Goldberg go to; http://www.cnn.com/2010/TECH/03/29/facebook.job-seekers/index.html?hpt=C1

Ford Sells Volvo to China's Geely for $1.8 Billion



Zhejiang Geely Holding Group signed a binding deal Sunday to buy Ford Motor Co.'s Volvo Cars unit for $1.8 billion, representing a coup for the Chinese automaker, which is aiming to expand in Europe.

The purchase gives Geely a European luxury car brand with a reputation for safety and quality at a time when China, which last year surpassed the United States as the world's largest car market, is eager to improve its competitiveness.

The price is far less than the $6.45 billion Ford paid for the Swedish automaker in 1999. The U.S. automaker has been trying to sell Volvo since late 2008 to focus its resources on managing its core Ford, Lincoln and Mercury brands.

Ford has committed to provide engineering support, information technology, access to tooling for common parts and certain other services for a transition period to smooth the separation.