LSCU COOP / Communication & Press Room / News Feed / National News

National News

American's bankruptcy fuels merger talk

American Airlines' bankruptcy has many in the industry questioning if a merger is in its future.... More

Obama's latest retirement rescue plan: Annuities

The Obama administration proposed new rules Thursday to help retirees make their savings last throughout their lifetime -- by investing in annuities.... More

What will Facebook do with $9 billion?

Facebook has finally filed to raise $5 billion through a public offering. But it hardly needs the cash: The company already has almost $4 billion stashed in its piggy bank.... More

Obama: Jesus would back my tax-the-rich policy

What Would Jesus ... Deduct?... More

Facebook's ripple effect: Zynga spikes 17%

Now that Facebook has finally filed for its much anticipated initial public offering, the enthusiasm for other social media investments has spread like wildfire.... More

Will $4 million in retirement savings be enough?

I hope to have $4 million saved by the time I retire in 30 years. That sounds like a lot of money, but how much would that be in today's dollars? -- Brian... More

Kodak breaking up with the Oscars

Eastman Kodak is trying to end its sponsorship of the Hollywood theater that bears its name and hosts the Academy Awards as part of the photography company's bankruptcy process.... More

Mortgage rates hit a new low: 30-year fixed at 3.87%

Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record.... More

Facebook is great. But $100 billion great?

Facebook is a great company. It proved that in its IPO filing. A billion dollar annual profit and $3.9 billion in cash for something that didn't even exist 10 years ago? That's impressive.... More

Bernanke: Fed will protect U.S. economy from Europe

The recovery remains "frustrating slow" in the United States, and now Europe's debt crisis is posing additional challenges, Federal Reserve Chairman Ben Bernanke told Congress Thursday.... More