Tuesday, November 11, 2008

Presspass - Business Edition

PressPass - Business

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Money can buy you The World

It's common for luxury-level properties to tout waterfront or ocean views. But unlike most privately owned homes, the views seen from a development called The World change almost daily.

Attorney: A&E owes $7.5M

In closing arguments before a federal jury, attorney Frank Cisa said cable television network A&E owes his client, local real estate investor Richard C. Davis, more than $7.5 million in a profit-sharing arrangement attached to the reality show "Flip This House."

October home sales skid 30 percent

As the value of the average Charleston home reduces, so does the age of the typical buyer.

AIG's lifeline from the Fed now more than $150B

WASHINGTON â€" When the government offered an emergency loan to insurer American International Group in September, eyebrows shot up at the $85 billion price tag. Now it looks like pocket change.

Revenue up at vehicle maker

Vigorous armored vehicle production and a healthy demand for spare parts led Ladson-based Force Protection Inc. to close out a strong third quarter.










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