Zac Vawter, a software engineer who lives in the Seattle area, already knew about advances in bionic technology when a motorcycle wreck led to the amputation of his right leg just above the knee in 2009.
Freddie Mac failed to go after foreclosed homeowners who owed more than $4.6 billion on their government-guaranteed loans, passing up the chance to seize second homes and cars from people who defaulted on their mortgage payments.
Elon Musk, Tesla Motors Inc.’s unconventional chief executive officer, has turned to Twitter Inc. to further his goal of developing self-driving cars by posting a “help wanted” ad on the social media site.
Ray Bakhramov has been waiting almost two years for his hedge fund’s bet against emerging markets to pay off, which spurred a 20 percent loss in 2012 and cost him clients. Even with a slump from bonds to currencies over the last five months, he’s still waiting.
Richmond, California, took a step toward setting up a mortgage principal reduction program to help homeowners with troubled loans, while leaving the door open to using its eminent domain powers to acquire the debt.
Foreclosure filings fell 34 percent in the U.S. last month as first-time defaults dropped to the lowest level in almost eight years and rising home prices made it easier for distressed owners to sell, RealtyTrac said.
A tweak to an automobile’s engine software can improve by as much as 20 percent the estimated fuel efficiency when using gasoline with ethanol or methanol, according to a non-profit group pushing gasoline alternatives.