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A shopper browses the bread section at a Wal-Mart store in Santa Clarita, California April 1, 2008. REUTERS/Mario Anzuoni

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

Michael Jackson says ranch foreclosure averted

NEW YORK
Sun May 11, 2008 3:55pm EDT
Michael Jackson fans sit near a banner outside Jackson's Neverland Ranch near Los Olivos, California on June 16, 2005. REUTERS/Lucas Jackson

NEW YORK (Reuters) - Entertainer Michael Jackson said on Sunday that a foreclosure sale on his Neverland Ranch property in California has been canceled by Colony Capital LLC, which acquired the loan on the ranch from Fortress Investment Group and is negotiating a deal.

U.S.  |  Entertainment  |  Film  |  People

Jackson said in a press release that he was "in discussions" over the ranch with Colony and was "pleased with recent developments."

A spokesman for Jackson declined to provide further details.

Reuters/Nielsen
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