Oracle CEO Larry Ellison reached a deal to buy nearly the entire Hawaiian island of Lanai. The land is currently owned by billionaire David Murdock who is the CEO of Castle and Cooke and the majority stock holder in Dole Food Company.
A new study from the Pew Research Center shows that the gap between states' assets and how much they'll owe retirees in pensions and health care is growing. According to the most recent numbers for fiscal year 2010, that gap grew 9 percent from the previous year to almost $1.4 trillion.
When you glimpse at your 401(k) statement come Thanksgiving, you may be in for a shock. Plan providers will have to reveal the hidden fees they've charged participants, and the difference in your retirement savings can be dramatic.
The inventory of homes for sale in California is low, even in areas with high foreclosure rates. That's made any available home enticing to buyers. But with so few houses for sale, bidding wars have returned. In many cases, investors are squeezing out the families trying to buy.
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