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U.S. markets recover from steep losses
NEW YORK, June 6 (UPI) -- Alan Greenspan, the former chairman of the U.S. Federal Reserve, has chosen a business magazine editor to ghost-write his memoirs.
Peter Petre, a senior editor-at-large with Fortune magazine and co-author of best sellers by Gen. Norman Schwarzkopf" class="tpstyle">H. Norman Schwarzkopf and by Thomas J. Watson Jr., former chairman of IBM, will help Greenspan write his book, which has already been sold for $8.9 million.
Petre, who oversees coverage of information technology, biotechnology, medicine and science for Forbes, is on leave from his employer. Financial arrangement between Greenspan and Petre were not disclosed, The New York Times said Tuesday.
Penguin Press aims to publish Greenspan's memoirs in fall 2007.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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ORLANDO, Fla., May 23 (UPI) --
The U.S. Air Force has added Lockheed Martin to its list of companies for support of its medical services worldwide.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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