
JOHN GIBBINS / Union-Tribune
This house in Serra Mesa, a probate sale with an asking price of $375,000, is 1,800 square feet and has two garages. This view is of the family room. |
Housing prices sink
Sales surge, but real estate market is still in decline
By Roger Showley
STAFF WRITER
Propelled by low-cost foreclosure sales and accelerating price drops, more San Diego County homes were sold last month than at any time in more than a year, MDA DataQuick reported yesterday.
6 people on diabetes drug fall ill; 2 die
FDA doesn't link Byetta, pancreatitis; Amylin hit
By Terri Somers
STAFF WRITER
The Food and Drug Administration yesterday reported that six people with type 2 diabetes, who were taking Amylin Pharmaceuticals' drug Byetta to control their blood sugar, developed a severe inflammation of the pancreas. Two of the six people died.
Stocks sink on new fears of bailout
Report: Fannie, Freddie rescue would erase equity
ASSOCIATED PRESS
NEW YORK – Wall Street retreated yesterday after Fannie Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the government might need to bail out the mortgage financiers.
Advertisers hope Phelps strikes more gold
Swimmer will get 'tryout' as pitchman
By Emily Fredrix
ASSOCIATED PRESS
Visa Inc. popped out ads almost as quickly as he swam his laps. Pizza Hut is giving Michael Phelps and his teammates free pizza and pasta for a year because Phelps beat Mark Spitz's record of seven gold medals in one Olympics.
Bank has pact with regulators for fixes
Potential snags seen at Imperial Capital
By Mike Freeman
STAFF WRITER
Imperial Capital Bank has entered into a written agreement with federal and state banking regulators to fix several potential trouble spots found in a recent examination, including reducing its exposure to some types of loans.
EA withdraws takeover offer for Take-Two
Video game companies discuss alternatives
By Barbara Ortutay
ASSOCIATED PRESS
NEW YORK – Video game publisher Electronic Arts is retracting its hostile bid for smaller rival Take-Two Interactive Software, but a deal is more likely than ever.