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2008-08-06 15:00:41

By Karl West, Daily Mail, London Aug. 6--The pension schemes of Britain's top 100 quoted companies have plunged deep into the red, recording a £41bn shortfall by the middle of last month, compared with a £12bn surplus a year ago. Actuaries at Lane Clark & Peacock, which conducts an annual survey into the state of the nation's retirement schemes, said this represents the biggest annual swing in funding levels it has recorded. Retirement savings have been hammered...

2008-08-06 00:00:16

By BOB WOJCIESZAK/DAILY MAIL PHOTO Curt Caldwell shows off the site of the planned Family Life Center at Aldersgate United Methodist Church in Sissonville. (c) 2008 Charleston Daily Mail. Provided by ProQuest Information and Learning. All rights Reserved.

2008-08-05 18:00:26

By Karl West, Daily Mail, London Aug. 2--Willie Walsh, chief executive of British Airways, gave the most negative outlook yet for the airline sector after first quarter profits collapsed 88pc. The BA chief declared the current market downturn is "the worst" that the industry has ever faced, and reiterated his view that some of his rivals would inevitably founder. He said: "There are a lot of weak carriers out there in Europe. It's only a matter of time before they run out of...

2008-08-01 18:00:27

By Daily Mail, London Jul. 28--AAR TIGHTENS ITS GRIP: AAR is ready to escalate its fight for control over the controversial joint venture TNK-BP unless it can negotiate a settlement with British oil major BP. The Russian shareholders are already consolidating their position on the board of TNK-BP following the departure to a secret location of the business" chief executive Bob Dudley who fled the former Soviet state last week before his visa ran out. Now AAR's bosses have put...

2008-07-31 15:00:46

By Rupert Steiner, Daily Mail, London Jul. 31--Customers comfort-eating their way through the credit crunch helped Cadbury's exceed earnings forecasts. The world's largest confectioner reported a rise in profits from £112m to £143m for the six months ending 30 June as it passed higher chocolatemaking costs on to sweet-toothed consumers. Chief executive Todd Stitzer said: "No matter how bleak things look, people are still treating themselves to a little affordable...

2008-07-27 03:00:30

Heather Mills celebrated her divorce from former Beatle Paul McCartney by taking 20 friends on an outing to Richard Branson's private island in the Caribbean. The extended party cost Mills 250,000 pounds -- almost $500,000 -- The Daily Mail reported. She paid for a private jet to fly her guests from Antigua to Necker and put on vegan dinners every night. Mills received 24 million pounds ($47.7 million) in the settlement that ended her marriage to McCartney. The Mail said the couple's...

2008-07-18 12:00:57

By Daily Mail, London Jul. 18--About half of final-salary pension schemes expect to offload their liabilities to a specialist provider, says research from Watson Wyatt. Around 46pc of firms expect to stop existing members from building new pension rights within five to ten years, causing more misery for workers already faced with impoverished retirements. Turbulent stock markets, tougher regulation and growing life expectancy are increasing the burden on pension schemes making...

2008-07-16 09:00:53

SAN FRANCISCO, July 16 /PRNewswire/ -- As the state of the economy sends Americans scrambling to get creative in ways to pay their bills, today a new San Francisco startup, FieldReport.com, is launching the web's largest writing contest with a $250,000 grand prize for the best short true-life story. FieldReport.com is a new online community where storytellers compete for cash prizes awarded by the site's membership. In addition to the grand prize to be awarded on December 1, 2008, writers...

2008-06-24 18:02:19

By UNCLE LEN CHIPPER has gone into cyber space! The Chipper columns are now on the Mail web pages so if you miss an edition, or prefer to keep up to date via the internet, just log on to this address: http://www.birminghammail.net/lifestyle/ chipper- club/ each Tuesday. It will show you what's on the page that week, and past pages, and give you another chance to enter the current competition, so there's no excuse for missing out on your favourite kids' page anymore! (c) 2008 Evening...

2008-06-14 12:00:14

Jennifer Garner's 2-year-old daughter was temporary locked inside a car in Brentwood, Calif., after a mishap with the vehicle's key, news media says. The Daily Mail reported Friday the Alias star locked her daughter Violet inside her Lexus unaware the child was holding the only key to the automobile in her hand. The 36-year-old actress eventually was able to instruct the young child how to unlock the door and end the parental emergency at the Brentwood Country Mart. When asked if she is...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.