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States Aren't Using Smoking Settlement Money For Anti-Smoking

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Several States, including Virginia, recently won money from a tobacco settlement. But some of those States aren't using the funds on smoking awareness as planned.
North Carolina has put the money toward a tobacco farming museum. In Kentucky, it's being used to build a clinic for horses. Virginia's using a large portion of the money to bring broadband service to the state.
Officials say out of the over $61 billion, less than four percent of the Read more

‘Daisies,’ ‘Money,’ & ‘Stone’ Take Final Breaths

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HOLLYWOOD, Calif. --
has decided not to pick up its three slumping sophomore series, “Pushing Daisies,” “Dirty Sexy Money” and “Eli Stone” beyond their initial 13-episode commitments, according to a report in Thursday’s
.
Although none of the shows have received an official “cancellation” from the network, the writing is basically on the wall. “Daisies” averaged 6.4 million viewers Read more

Cramer's 'Mad Money' Recap: Behind the Relentless Selling

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recaps.
surged 494 points, Jim Cramer told viewers of his "Mad Money" TV
show that he's trying to get to the bottom of what's behind the
relentless selling in the markets.
He called the markets a "true
financial Armageddon" where all asset classes, except Treasuries, are
declining at an alarming rate, mirroring what happened during the Great Depression.
Cramer said stocks are taking the brunt of the decline
because they're the most Read more

Money fund assets rose $43.88B in latest week

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Total money market mutual fund assets rose by $43.88 billion to $3.681 trillion for the week, the Investment Company Institute said Thursday.
Assets of the nation's retail money market mutual funds rose by $8.41 billion in the latest week to $1.273 trillion.
Assets of taxable money market funds in the retail category rose by $8.35 billion to $973.6 billion for the week ended Wednesday, the Washington-based mutual fund trade group said. Tax-exempt Read more

California Universities Will Cut Enrollment Unless State Increases

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Hard hit by budget cuts, the
system is planning to cut its enrollment by 10,000 students for the 2009-10 academic year, unless state lawmakers provide more money.
“We can’t continue to admit more and more students without receiving adequate funding,” Chancellor Charles B. Reed said Monday.
It would be the first time in its history that the university system turned away students who met admissions standards, and the announcement Read more

BCS on ESPN: More money for fewer viewers?

They just have a hard time acknowledging what is hardly a crime. Take John Swofford, Atlantic Coast Conference commissioner and Bowl Championship Series coordinator, in announcing Tuesday that ESPN, starting in 2011, will carry four BCS games now on over-the-air Fox.
Fox, in about 114 million U.S. households to ESPN's 98 million, offered about $100 million annually to keep those games. ESPN offered about $125 million. Guess why ESPN won.
Swofford, Read more

Sands Has `All the Money' Needed for Singapore Casino (Update1)

Nov. 18 (Bloomberg) --
after the
company raised $2.1 billion, President
said.
Parts of Marina Bay Sands will open later than the end of
2009, as originally scheduled, on construction snags and an
``unprecedented'' shortage of raw materials that is now ``opening
up,'' Weidner said in an interview in Las Vegas. ``We have all
the
required to be able to complete the project.''
, controlled by billionaire
,
halted developments Read more

Frank sees TARP money going to foreclosure aid

WASHINGTON (Reuters) - The Bush administration is likely to back off its opposition to spending money from a $700-billion bank bailout fund on reducing home foreclosures, the chairman of a U.S. congressional committee said on Tuesday.
"I think you're going to see some movement toward TARP money for foreclosure modification," Rep. Barney Frank, chairman of the House of Representatives Financial Services Committee, told reporters after a hearing, Read more

GOP Sues to Overturn Soft Money Ban

Injury on insult? Just weeks after Senator John McCain conceded the presidency to Barack Obama, the GOP is seeking to undo one of his signature legislative accomplishments — the ban on soft money campaign donations that was the cornerstone of the 2002 law he championed.
The Republican party filed a lawsuit Thursday to overturn the soft money ban. In other words, the Republicans want political parties to be allowed to accept unlimited donations Read more

As the Economy Worsens, Is There Money for Play?

’s golf bag to the Chevrolet Camaro that Cole Hamels drove home last month for being named the most valuable player of the World Series, it is hard to be a sports fan without stumbling across some type of advertisement for
. The company consistently ranks first among advertisers of televised sporting events, outspending other automakers by more than two to one.
, many are wondering how far the company’s troubles will extend into the Read more