Disclosure, empty and herbalife shares have their best day ever. Good morning. I am watching i am erik sheth i am Erik Schatzker. Stephanie is out today. Lets begin with the newsfeed. It has taken almost six years, but today the sec is poised to approve an overhaul to the 2. 6 trillion money market, closing one of the scariest chapters of the financial crisis. Require prime market new rules will require prime money market funds to drop below the sacred one dollar a share. Money market funds sold to Retail Investors will be exempt from the new rules. Big presentation on herbalife yesterday turned out to be a moneymaker for investors on the other side of his short. Carl icahn, herbalifes biggest shareholder, made 234 million as the stock surged. Other big winners include george soros and richard parry. The owner of the l. A. Clippers cries foul again. Donald sterling is suing his wife and the nba accusing them of fraud over the planned sale of the team to steve ballmer. Sterling says he
The Bellemont Apartments, an affordable housing complex in Metairie that racked up numerous code violations for its deplorable conditions, was sold this month to a Jefferson Parish businessman for an
A Tennessee-based religious nonprofit must now pay property taxes on its Metairie apartment complex after Jefferson Parish Council members revoked its tax-exempt status and took the owners to task over
The reasons for local opposition vary. The motives behind them can be murky. But they often boil down to one idea: Renewables are fine, but we don’t want them here.
FOX 8 Defenders: Deal to sell The Bellemont, Parc Fontaine falls through; lawsuit follows fox8live.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fox8live.com Daily Mail and Mail on Sunday newspapers.