Business & Financial
BankUnited, Downey Financial Getting Hammered by Gamblers
UBS Cuts Offshore Banking for US Citizens
The Wall Street Journal reports that UBS will close private-banking operations for U.S. clients:
Virgin Stripping: Mobile Company Asks Teen Girls to Take Clothes Off
Virgin Mobile is asking teens to take off their clothes and strip in front of the camera then submit the videos for public airing.
Oh, but it's all in the name of charity.
They asked kids to post videos of themselves stripping to music. In exchange, clothing companies would provide donations of new clothes based on the number of times the videos were viewed. Called "Strip2Clothe," the campaign carries the tagline, "You take off yours, we donate ours."
Intrade Adds Wachovia to Bank Closure Options
The online predictions market - Intrade - which is based out of Dublin, Ireland and takes bets from US citizens, today added Wachovia Bank to its growing list of banks with odds of closing.
US Banks to Fail: Prediction Market Lists Odds
Online gambling site Intrade had posted odds for a handful of US bank failure possibilities Tuesday, with very few bidders thus far.
Dubai and United Arab Emirates Internet Censorship Hits All Time Low
Starbucks Doesn't Buck Trend: GM Sinks to Lowest Levels Since 1954
A recession is brewing. Coffee at more than 600 Starbucks stores will stop being brewed as a result.
