Thursday, October 14, 2010

Yen Reaches 15-Year High Versus Dollar

Oct. 14 (Bloomberg) -- http://www.bloomberg.com/news/2010-10...

The yen climbed to its highest level against the dollar since April 1995. Japan's Prime Minister Naoto Kan said excessive currency movements are undesirable and the government will take action if necessary. Bloomberg's Sarah Eisen reports.

Banks Seize 288K Homes in Q3,

Lenders seized more homes this summer than in any three-month stretch since the housing market went bust in 2006. But many foreclosures may be challenged in court because of allegations that banks evicted people without reading the documents. (Oct. 14)

UFO in NYC: Aliens or balloons in New York sky?

Crowds in New York have had their eyes to the skies - in an alleged UFO sighting. Dozens of videos posted online show passers-by seemingly staring at a group of unidentified flying objects in the sky over Manhattan. Adding mystery to the event is a prediction by a retired NORAD officer Stanley A. Fulham. In a recent book, he claimed that on October 13th - the day of the sighting - a fleet of UFOs would hover over the world's principal cities. Many witnesses insist that what they saw were, indeed, alien spaceships... while others say it looked more like a group of hot air balloons.

DAILY NEWS ON BOOZE