Consumer confidence drops to post-Katrina level

Consumer confidence fell in August by the largest one-month decline since the aftermath of Hurricane Katrina in 2005, as stock prices and home values fell, Bloomberg News reported. The Conference Board’s index of confidence declined …

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Great Ape Trust, ISU sign agreement

Officials from Great Ape Trust of Iowa and Iowa State University today signed a memorandum of agreement to establish the world’s pre-eminent collaboration for primate studies.

Great Ape Trust founder Ted Townsend and ISU President …

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Acer to buy Gateway

Acer Inc. plans to acquire U.S. computer maker Gateway Inc. for $710 million, the Associated Press reported.

The deal will push the Taiwanese company past China’s Lenovo Group Ltd. as the world’s third-largest vendor of …

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Attorney General Gonzales resigns

Attorney General Alberto Gonzales has resigned, ending his controversial tenure as chief law enforcement officer in the administration of President George W. Bush, Reuters reported.

Gonzales made a formal statement at the Justice Department in …

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Existing home sales dropped in July

Sales of existing homes dropped for a fifth straight month in July, falling to the slowest pace in nearly five years, while home prices fell for a record 12th consecutive month, the Associated Press reported.…

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Still Booming

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