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Nissan ’s announcement last week that it would offer a stripped-down version of its Versa model for under $10,000 -– a Sub-Versa, if you will -– occasioned a lot of media attention and interest, as if there was something to celebrate. To me it ... - madison.com
Madison-based Great Wolf Resorts could lose its two-year-old resort in Mason, Ohio, if it can't renegotiate its mortgage by the end of this month, the Business Courier of Cincinnati reported. A dried-up credit market seems to be the culprit, the publication said. The $76.8 million mortgage on the indoor water park resort matures Nov. 30. Great Wolf said in its third-quarter report that through ... - www.centredaily.com
Coming on the heels of awful business and economic-growth reports, Friday's dismal news that the unemployment rate rose to 6.5 percent and employers shed another 240,000 jobs in October made it clear that the U.S. economy is now in recession. - www.marketwatch.com
SAN FRANCISCO (MarketWatch) - Fortress Investment Group unveiled a joint venture with Quicken Loans Inc. that will help the firm with its mortgage portfolios and investments.