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Debt Consolidation

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Credit Solutions Eliminates More Than $600 Million in Consumer Debt (Marketwire via Yahoo! Finance) Debt management market leader, Credit Solutions, recently broke an industry record by settling $33 million in debt in June. This achievement contributes to the company's total debt retirement of more than $600 million.

Cutting the budget excess (The Petersburg Progress-Index)Right now, our federal government is in debt over $9 trillion dollars. This means that every man, woman, and child in the U.S. owes the federal government $30,903.41 for expenses the government paid using borrowed dollars, and that number continues to rise.

Teva bids $7.46 billion for rival maker of generics (International Herald Tribune)The deal is the latest in a wave of consolidation in the generic-drug sector that some analysts suspect will result in the survival of only a handful of major global players.

Israeli firm will acquire Barr Pharm (Richmond Times-Dispatch)TRENTON, N.J. -- Teva Pharmaceutical said yesterday that it would buy rival generic drugmaker Barr Pharmaceuticals for nearly $7.5 billion, a move that would boost Teva's dominance as the world's biggest generic drugmaker. The deal continues consolidation of the generic-drug sector, driven by growth prospects as governments and other payers turn to the lower-priced medications and by the ...

Teva says it will buy Barr, a rival in generic drugs (Winston-Salem Journal)In the latest drug consolidation, Teva Pharmaceutical said yesterday that it would buy rival generic drug-maker Barr Pharmaceuticals for nearly $7.5 billion in a move that will boost Teva's dominance as the world's biggest generic drug-maker.

Tourists Continue To Prosper (Sporting Life via Yahoo! UK & Ireland Sport)Latest news from the second Test between England and South Africa.

TOURISTS CONTINUE TO PROSPER AT HEADINGLEY (Sporting Life)Hundreds from AB de Villiers and Ashwell Prince helped South Africa pile up a huge first-innings lead at Headingley, to leave England in obvious danger of going 1-0 down in the npower Test series.

Starbucks in Geneseo, Greece to Close (R News)Coffee nerds in Greece and Geneseo are bummin' that their favorite Starbucks outlets will not make the cut of the java giant's national consolidation.

Teva to buy Barr Pharma for more than $7 billion (INO News)(AP:TRENTON, N.J.) In the latest drug consolidation, Teva Pharmaceutical said Friday it will buy rival generic drugmaker Barr Pharmaceuticals for nearly $7.5 billion in a move that will boost Teva's dominance as the world's biggest generic drugmaker.

US Airways CEO: We'll get through the turmoil (Philly.com)Doug Parker is in a desperate situation, and he's not afraid to admit it: Oil at $130 a barrel and higher will turn his US Airways, and all airlines, into a dramatically different industry.