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- Sweden takes control of Carnegie (International Herald Tribune)
The national debt office took over the struggling investment bank on Monday after a series of mishaps that drained the bank of liquidity and led regulators to revoke its license. www.iht.com
- Trained Professionals and Online Tools Can Help Seniors Find a New Home (Carteret County News-Times)
(ARA) - Helping a parent move to senior housing can seem more intimidating than orchestrating a rocket launch. The death of a spouse, declining health or safety concerns can trigger the need to move. The first phase comes with the realization that what has been home is no longer suitable. www.carteretnewstimes.com
- PHH reports $84M in red ink (BizJournals)
PHH Corp., an outsource provider of mortgage and vehicle fleet management services, said it lost $84 million, or $1.56 per share, in the third quarter compared to a deficit of $38 million, or 69 cents per share, during the same period a year prior. Most of that loss came from a $61 million charge to write down goodwill in PHH Home Loans, a joint venture of PHH and Realogy Corp., owner of Century ... www.bizjournals.com
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