Cox Enterprises, a privately owned national media company, today announced that it is getting rid of its local newspaper brands in North Carolina, Colorado and Texas. The Austin American-Statesman is among the nine newspapers to be sold, which will also include the Longview News-Journal, the Waco Tribune-Herald, and The Grand Junction Daily Sentinel in Colorado. Cox will retain The Atlanta Journal-Constitution and a small handful of papers in other states....

The Dicksons came home from work one day in May to find all their furniture, clothes, collectibles, and even food in the pantry had been taken by Field Asset Services. They announced today that they are suing Field Asset Services, referring to the local company's actions in this situation as "malicious, callous and wanton." ...

Fannie Mae says it lost $3.6 billion in the fourth quarter as home-loan delinquencies mounted....