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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: cash

cash stories: 9 news summaries

(Newser) - The feel of green can make people more resistant to low-level pain, NPR reports. Building on earlier research about the psychological power of money, experts in China conducted a study asking subjects to dip their fingers in water heated to 122 degrees Fahrenheit; those who had counted money ahead of... More »

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study • money • research • pain • cash

(Newser) - There are certain things men cannot do without, that if lost “we would briefly mourn and immediately replace.” Esquire offers up 31 male necessities.
  • Cast-iron skillet: "it will last longer than you."
  • Waiter's corkscrew: corkscrews should not "require instruction manuals."
... More »

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men • list • male • clothing • Esquire • tools • cash • things • necessities

(Newser) - In times like these, everyone’s got problems. Exxon and Chevron? Finding safe places to stash $40 billion they stockpiled while oil prices were stratospheric last summer. “The biggest challenge we’ve had is making sure all the cash is there every morning,” Exxon’s CEO tells Bloomberg,... More »

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Exxon • Chevron • oil price • Exxon Mobil • Big Oil • cash • credit default swap

 GM Loses $9.6B in Q4, 
 Guzzles $6.2B in Cash 

Misses estimates, stock tanks

Feb 26, 09 7:08 AM CST
(Newser) - General Motors burned through $6.2 billion in cash on its way to losing $9.6 billion in the fourth quarter, the company announced today, dragging its liquidity down to $14 billion. Analysts were expecting a loss, but not one this ghastly—the company’s stock is down nearly 24%... More »

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General Motors • earnings reports • corporate earnings • auto industry • cash

22-Year-Old's Virginity Auction Tops $3.7M

Grad student says 10,000 men have bid for night of passion

Jan 12, 09 1:19 PM CST
(Newser) - The 22-year-old woman who is auctioning her virginity says she's received some 10,000 bids topping $3.7 million, the Telegraph reports. The offers range the “graphically sexual” to “polite requests from rich businessmen,” says the girl, who goes by “Natalie Dylan” in the auction. “... More »

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sex • auction • bid • Howard Stern • brothel • virginity • cash • bidding war

(Newser) - An ongoing Israeli embargo has cut off cash flow in Palestine's Gaza Strip and forced banks there to close, the Financial Times reports. With a Muslim holiday approaching on Monday, tens of thousands are said to be broke; some stormed an insolvent bank this week, prompting officials to shut... More »

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Palestinian Authority • Israel • Gaza • Hamas • liquidity • banks • cash

 Cash Makes a Comeback 

But cash isn't king for retailers, who'll likely see bigger drop in sales

Nov 24, 08 2:15 AM CST
(Newser) - Americans are reverting to cash for purchases in increasing numbers, according to top retailers Wal-Mart, Target and JC Penney. The shift away from credit is expected to further reduce spending by consumers—who will be limited to cash-on-hand purchases—not just during the holiday season, but during what could be... More »

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consumer spending • credit card • Target • Wal-Mart • Great Depression • budgets • cash • consumers • J.C. Penney • CreditRatings.com

 GM Loses $4.2B, Has Little Cash 

Talks with Chrysler dead

Nov 7, 08 11:30 AM CST
(Newser) - General Motors is almost out of money, the company said today, reporting a quarter far worse than Wall Street was prepared for. The nation’s largest automaker lost $4.2 billion, or $7.35 a share, excluding special items, nearly double the $3.70-per-share analysts expected. After burning through $6.... More »

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General Motors • earnings reports • liquidity • auto industry • third quarter earnings • cash

Dying Loner Leaves Behind $260K in Cash

Surprise inheritance goes to long-lost granddaughter

Oct 17, 08 12:12 PM CDT
(Newser) - A peripatetic Chicago-area retiree who spent the past few years living out of a van left a surprise when he died in a motel room last March: $263,000 in small bills in a vinyl suitcase. Police searched for months for an heir to 82-year-old John Grant’s life savings,... More »

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nomad • inheritance • cash

9 Stories


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