While there are some bright spots in the economy, American homeowners are still feeling the pinch of the Great Recession. New figures from the Mortgage Bankers Association show that one out of ten homeowners missed at least one mortgage payment in the first three months of this year and about one-in-20 homes is currently in foreclosure. Experts say the foreclosure crisis is now reaching more traditional borrowers. Source Link
A Louisiana lawyer has asked the federal courts to consolidate more than 100 lawsuits pending against BP and other companies in connection with the oil spill that began last month after an offshore rig exploded in the Gulf of Mexico. Everyone from fishermen to Gulf business owners and even vacationers who claim the spill forced them to cancel reservations have lined up to sue the four companies involved with the design and operation of the rig. Source Link
The brainchild of Bill Gates has been Googled in the race to run more of the world's smartphones. A new research report says Google's Android system is now operating more devices than Microsoft phone software. Experts think the popularity of the Android operating system will help Google catch up with or even surpass the number of Apple iPhones worldwide in the next year. Source Link
A Louisiana lawyer has asked the federal courts to consolidate more than 100 lawsuits pending against BP and other companies in connection with the oil spill that began last month after an offshore rig exploded in the Gulf of Mexico. Everyone from fishermen to Gulf business owners and even vacationers who claim the spill forced them to cancel reservations have lined up to sue the four companies involved with the design and operation of the rig. Source Link
The brainchild of Bill Gates has been Googled in the race to run more of the world's smartphones. A new research report says Google's Android system is now operating more devices than Microsoft phone software. Experts think the popularity of the Android operating system will help Google catch up with or even surpass the number of Apple iPhones worldwide in the next year. Source Link
