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Free State Brewing Co. fire ruled accidental updated 3 hours, 56 minutes ago

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Bowersock has been generating electricity with hydropower for 121 years

Mortgage forgiven for woman who shot self
October 6, 2008
Mortgage finance company Fannie Mae said it is forgiving the mortgage debt of a 90-year-old woman who shot herself in the chest as sheriff’s deputies attempted to evict her.
Fed steps into Wachovia battle
October 6, 2008
A high-stakes battle over who will gain control of the nation’s fourth-largest bank intensified over the weekend, with the Federal Reserve acting as a go-between in the pursuit of Wachovia by both Citigroup and Wells Fargo.
Countrywide Financial, states settle lawsuit
October 6, 2008
At least eight states, including Illinois, California and Texas, have reached an $8.8 billion settlement of their lawsuits against Countrywide Financial, the biggest subprime mortgage lender.
Investors expect more volatility this week
October 6, 2008
The world’s financial markets face an uncertain and possibly volatile week as investors await details about how the Treasury will implement the government’s financial rescue package — and watch for any further fallout from the credit crisis around the globe.
Firefighters extinguish two-alarm blaze at new Free State Brewery facility in east Lawrence
By Sophia Maines
07:04 a.m., October 5, 2008 Updated 04:13 p.m.
Days away from the launch of a major expansion project, Free State Brewing Co. sustained damage to its East Lawrence brewing and bottling facility early Sunday. “When I pulled around the corner at 6:30 in the morning before daylight, I just had the sense this is a really bad dream,” Free State owner Chuck Magerl said Sunday afternoon from the scene.
Lawrence Bank awards new Star of Excellence
J-W Staff Reports
October 5, 2008
Lawrence Bank recently announced Marilyn Bittenbender as its next recipient of the Lawrence Bank Star of Excellence Award.
Financial institutions expected to raise fees after mergers
By Patricia Kitchen - Newsday
October 5, 2008
If your bank is buying the competition or selling out to them, you may want to add the words “higher” and “fees” to your banking vocabulary.
For bailout to work, housing market needs to get better
By Stevenson Jacobs - Associated Press Writer
October 5, 2008
Washington’s financial bailout plan is now law. So the credit spigot will start flowing again, banks will resume lending, and an economic recovery can begin, right?
Wall Street firms at center of bailout are big political donors
By Greg Gordon - McClatchy Newspapers
October 5, 2008
The Wall Street financiers and firms whose problems have prompted a $700 billion federal bailout are no strangers to Capitol Hill or to politics.
Retailers debate impact of sales tax
By Chad Lawhorn
October 5, 2008
City Manager David Corliss stands in front of the crowd and tugs on the lapel of his suit jacket — David Letterman style — and delivers his now-standard line about the city’s proposed 0.55 percent sales tax increase. “When Corliss goes and buys another $100 suit, it will cost me an extra 55 cents,” Corliss says at a recent Chamber of Commerce luncheon. Thus far, the line is drawing a laugh — and for the most part — a nod of agreement.
Auto sales plummet with economy
By Ken Bensinger - Los Angeles Times
October 5, 2008
Auto sales dropped sharply in September as consumer unease mounted in the face of the crisis on Wall Street and restricted credit.
Bankruptcies
October 5, 2008
Douglas County residents or businesses filing for bankruptcy protection during the week ended Thursday in U.S. Bankruptcy Court in the District of Kansas, according to court records:
Independence Inc. receives grant
J-W Staff Reports
October 5, 2008
Lawrence-based Independence Inc. has received a $22,000 grant from Kansas Social and Rehabilitation Services.
Students may have fewer loan options
By Andy Hyland
October 4, 2008
Government-backed student loans have provided stability in uncertain economic times for most students, university officials said this week.
What’s next? Administration rushes to begin financial rescue
By Martin Crutsinger and Charles Babington - Associated Press Writers
October 4, 2008
Signed and sealed, the $700 billion bailout now must be delivered. After 14 days, three votes and billions of dollars in stock market losses to get the massive financial rescue through Congress, the government is rushing to develop a plan for spending the money.
Economic troubles don’t affect reverse mortgages
By Mike Belt
October 4, 2008
Getting a conventional mortgage is more difficult if you don’t have a high credit rating or an adequate down payment. But credit ratings and down payments are not issues if you are interested in getting a reverse mortgage. Problems that have beset the mortgage market are not affecting reverse mortgages, lenders said.
Employers cut jobs by largest amount in over 5 years
By Jeannine Aversa - Associated Press Writer
October 4, 2008
Employers slashed payrolls by 159,000 in September, the most in more than five years, a worrisome sign that the economy is hurtling toward a deep recession.
Plane deliveries falling during strike
By Tim Klass - Associated Press Writer
October 4, 2008
One month after the start of a Machinists union strike, the Boeing Co. reported a nosedive in deliveries of commercial aircraft but still got 10 planes to customers after the walkout.
Legal battle simmers over Wachovia merger
October 4, 2008
A legal fight is brewing over the surprise $15 billion merger announced Friday morning between Wachovia Corp. and Wells Fargo & Co. that upsets a Citigroup Inc.-Wachovia transaction announced on Monday.

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