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2:09 am
Fri May 25, 2012

In Ariz. Contest, A Debate Over Government's Reach

Originally published on Fri May 25, 2012 7:22 am

Voters in southern Arizona's 8th Congressional District are deciding who will fill the seat formerly held by Rep. Gabrielle Giffords. The Democrat resigned in January, a year after she was badly injured by a gunman at a district event in Tucson.

Giffords' resignation set in motion a special election to serve out the rest of her two-year term. Giffords' former district director, Ron Barber, won the Democratic nomination uncontested. Jesse Kelly easily beat three opponents in the Republican primary.

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Asia
1:26 am
Fri May 25, 2012

Hollywood Dreams Led Chinese Firm To Buy Into U.S.

Moviegoers watch a 3-D IMAX movie at a Beijing theater run by the Chinese company Wanda, which recently announced it was buying AMC movie theaters for $2.6 billion. The move is seen as part of a larger effort by the Chinese conglomerate to move into the U.S. market.
Ng Han Guan AP

Originally published on Fri May 25, 2012 7:09 am

One of the big movie blockbusters this year isn't a film, but a business deal.

The Chinese company Wanda, one of that country's leading cinema owners, is buying AMC Entertainment, North America's second-largest movie theater company, for $2.6 billion.

When the agreement was announced in China this week, it did not make a lot of sense at first glance. At least for the buyer.

AMC is loaded with some $2 billion in debt, and movie theater attendance in North America was down 4 percent last year.

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Your Money
1:25 am
Fri May 25, 2012

In Tight Credit Market, A Tool For Small Businesses

Many small-business owners have had difficulty securing loans in recent years. One website grades the nation's banks by the ratio of small-business loans to deposits — and finds that community banks are often most friendly to small business.
Seth Perlman AP

Originally published on Fri May 25, 2012 7:09 am

When small-business owners start looking for money to expand, they often begin at a big bank. The banks are highly visible, well-known and often nearby.

But many small-business owners report that they have struggled to get loans in the wake of the economic downturn.

Ami Kassar, CEO of the small-business-loan broker multifunding.com, advises business owners that large banks are "not the best place to start" when looking for a small-business loan.

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Africa
1:06 am
Fri May 25, 2012

How Crumbling U.S. Dollars Bailed Out Zimbabwe

Zimbabwe now uses the U.S. dollar as its main currency, though the bills are often extremely dirty and falling apart due to constant use. Here a cashier holds U.S. dollars in good condition at a supermarket in the capital Harare in 2009.
Kate Holt Bloomberg via Getty Images

Originally published on Fri May 25, 2012 7:17 pm

Four years ago, Zimbabwe experienced one of the worst cases of hyperinflation in history. The country abandoned its own currency and switched to the U.S. dollar — a move experts say prevented a complete economic collapse.

But using American dollars has created a host of bizarre issues. The bills are filthy, crumbling and often in short supply. There are no U.S. coins to make change, so chocolate is handed out instead. There is, oddly, an abundance of $2 bills.

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Shots - Health Blog
12:51 am
Fri May 25, 2012

Dispatchers' CPR Coaching Saves Lives When Every Minute Counts

Becky Cole was eight months pregnant with her son Ryan when she passed out. Her husband performed CPR for six minutes with the help of a dispatcher before medics arrived.
Courtesy of Medic One Foundation

Originally published on Fri May 25, 2012 7:09 am

Your chances of surviving a sudden heart attack may depend on where you live; some American cities have survival rates five times higher than others. One difference can be 911 dispatchers.

If they coach someone over the phone to give CPR, the chance of surviving goes up. There's now a push to make it universal, but some cities are slow to implement the necessary training.

Becky Cole was eight months pregnant with her fourth child when she collapsed against the bathroom door. It was January 2011 in the Seattle suburb of Woodinville.

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