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December 3, 2008 1:40:54 PM CST

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6 Stories

Wall Street
Sets Up
Shop in DC

Firms descend on Washington to work
on the bailout

Washington Post Washington Post Nov 8, 08 11:59 AM CST
(Newser) - With Washington the focal point of the financial crisis, consulting, real estate, and legal firms are moving from New York to DC, the Washington Post reports. Financial firms see vast opportunities to advise DC companies on the bailout bill and fight for Treasury contracts. Why relocate? “Our business is a people business. It is important to be accessible to the people you're working for,” notes an investment banker. More »

More about:  Financial Crisis • bailout • Wall Street • Washington, DC • relocation • consulting

Quaid to Hollywood:
I'm Outta Here

Actor isn't retiring, just packing up family for move back to Texas

OK! OK! Jun 16, 08 1:03 PM CDT
(Newser) - Actor Dennis Quaid is heading for the hills—no, make that the plains—of Texas with his family, OK! reports. He’s relocating to his hometown, Houston, to be nearer friends and family, Quaid says, not quitting the business. More »

More about:  celebrity • California • film • Texas • Hollywood • celebrity parents • family • Houston • Dennis Quaid • relocation

Unsold Homes Handcuffing Job-Seekers

Housing crisis crimps mobility, prevents workers from moving

New York Times New York Times Apr 3, 08 1:42 PM CDT
(Newser) - The housing crisis that’s kept many from selling their homes has, in turn, warped the job market, the New York Times reports. Those who can’t sell their houses can’t relocate to seek work. Usually, more than 5 million workers move per year. But now, tens of thousands are trapped by un-sellable homes, the Times says. More »

More about:  housing market • housing crisis • job market • housing sales • relocation

Citing US Troubles, Illegal Immigrants 'Self-Deport'

Immigrants face tougher law enforcement and worsening economy

Reuters Reuters Dec 25, 07 10:04 PM CST
(Newser) - More illegal immigrants in the US are "self-deporting" back to their home countries in the face of stricter immigration enforcement and a worsening economy, Reuters reports. "The situation has got so tough that there don't seem to be many options left for us," said a Mexican immigrant. No exact numbers are known, but Reuters cites a spike in immigrants requesting Mexican citizenship for their US-born children and anecdotal reports from elsewhere. More »

More about:  US economy • immigration • illegal immigrant • Mexican border • deportation • relocation

Darfur Boots UN Official

Humanitarian-aid coordinator accused unspecified infractions

BBC BBC Nov 8, 07 3:23 PM CST
(Newser) - A UN official in charge of humanitarian efforts in Darfur has been ousted from the war-torn region of Sudan, the UN said yesterday. The state's governor accused the official, Wael al-Haj Ibrahim, of violating "the rules of humanitarian action." But both UN officials and members of Ibrahim's organization say they are skeptical over the justification, the BBC reports. More »

More about:  United Nations • Darfur • genocide • relocation

Sonics Owner Vows Move
to Oklahoma

Seattle locals float
buy bid to hold
off relocation

Associated Press Associated Press Nov 2, 07 6:33 PM CDT
(Newser) - The Seattle SuperSonics’ owner said today he will move the team to Oklahoma City. Clay Bennett isn’t satisfied with the Sonics’ current arena, where the lease expires in 2010; he gave the city a deadline to plan a new stadium, which passed this week. Bennett wants to void the lease’s last two years, and claims the b-ballers lost $17 million last year due to the stadium, the AP reports. More »

More about:  basketball • NBA • Seattle SuperSonics • Oklahoma City • WNBA • relocation • arena • Seattle Storm

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