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Filed under: Bruce Beresford-Redman Bruce Beresford-Redman is finally speaking out through his lawyer and proclaiming his innocence amidst reports he will be charged in the murder of his wife. The state attorney general in Mexico told the AP a judge has issued a warrant for the former… Read more Go to Source

Filed under: TMZ Sports, Celebrity Justice Former NASCAR driver Jimmy Neal got out of jail early this morning — and now he’s headed right back … after he was arrested hours later for attempted rape. Law enforcement sources tell TMZ Neal got out of jail at around 1:30 AM — after serving about… Read more [...]

EAST ST. LOUIS, Ill. — A Canadian national who the U.S. government says swindled $70 million from 40,000 investors on six continents carried out the same kind of Ponzi scheme the one-time bank robber mocked on his website, federal investigators allege. Nicholas Smirnow warned clients of his online business, “Pathway to Prosperity,” to stay away [...]

For the past several years, I’ve served on the board of the HeArt Project, a youth-focused arts and education non-profit organization based in Los Angeles. The HeArt Project is designed specifically for kids who have struggled in traditional educational environments and are at risk of dropping out of high school. Founded in 1992 out of [...]

David Merkel submits: Part I One of the things you learn as a fundamental investor is that the quality of accounting derived from accrual entries is always lower than that for cash entries. There is an implicit assumption behind every accrual entry that someone will make good in the future to pay cash, whether the [...]

Tom Armistead submits: General Electric (GE) was for many years an iconic company, considered good as gold in the glory days when Jack Welch was at the helm. The company’s strength was seriously questioned during the meltdown in early 2009, and the last time I looked into buying it, shares were trading at 6.66, on [...]

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“Sales of existing homes in Florida rose 27% in April, which means that sales activity has increased in the year-to-year comparison for 20 months, according to the latest housing data released by Florida Realtors. Another positive sign: Last month’s statewide existing-home median price of $140,100 was 1 percent higher than the statewide median price in [...]

“The American Trucking Associations’ seasonally adjusted (SA) Truck Tonnage Index increased for the sixth time in the last seven months, gaining another 0.9% in April. This followed a 0.4% increase in March. The latest improvement put the SA index at 110.2, which is the highest level since September 2008 (see chart above).  Compared with April [...]

Iran has two tons of enriched uranium, enough for two nuclear warheads and prompting concerns from the West Go to Source