WTC owners turn over land to ground zero developer after paying more than $100M in late fees

October 8th, 2009 Developer pleads not guilty in wife's Fla. deathORLANDO, Fla.

August 27th, 2009 Prudential Mortgage closes $100M loanNEWARK, N.J. — Prudential Mortgage Capital Co.

August 20th, 2009 WTC owner says $300K-a-day penalties almost overNEW YORK — The World Trade Center site's owner says it will soon be able to stop paying a $300,000-a-day penalty for missing deadlines to turn land over to the site's developer. The Port Authority of New York and New Jersey says it will turn over the land in the next few days to Larry Silverstein, who is building three towers on the 16-acre site.

August 19th, 2009 UPS socked with $100M overtime lawsuitATLANTA — Shipping giant UPS is being accused of not paying overtime to account managers who go door-to-door making sales pitches to businesses. Laura Meza, a Whittier, Calif., resident who has worked at UPS since it acquired her previous employer trucking company Overnite in 2005, claimed in a lawsuit filed Wednesday in federal court in San Diego that she has regularly worked 60 hours a week but was only paid a straight salary.

August 3rd, 2009 NY gov: We could redesign WTC without developerNEW YORK — New York Gov. David Paterson has given World Trade Center site developer Larry Silverstein an ultimatum in talks over his ground zero lease.

July 21st, 2009 NY gov meets with ground zero developer on leaseNEW YORK — World Trade Center developer Larry Silverstein has agreed to continue talks to renegotiate a lease at ground zero after meeting with New York Gov. David Paterson.

July 11th, 2009 WTC owners offer plan to finance 2nd skyscraperNEW YORK — The owners of ground zero have offered to partially fund the building of a second tower planned by a private developer. The Port Authority of New York and New Jersey says it will provide $1.2 billion for a skyscraper as long as developer Larry Silverstein raises more than $600 million for it first.

July 8th, 2009 Cities dump fees to bolster building in recessionMERIDIAN, Idaho — Developer Frank Varriale hoped his plans to build shops, apartments and a hotel in this sprawling Boise suburb would have become reality by now. Instead, about the only things standing on his land are knee-high wheat and corn.

July 2nd, 2009 NEW DELHI - India's Economic Survey for 2008-09 has suggested that the government amend laws related to land acquisition and land use in order to address land-related disputes. The survey, tabled in parliament by the finance minister, said the government "amend the land acquisition and rehabilitation law in order to ensure equity between the land owners including farmers, land users and the developers".

June 17th, 2009 Witness says he bribed ex-La. congressmanALEXANDRIA, Va.

June 12th, 2009 Land sale deadline looms for Flight 93 memorialSHANKSVILLE, Pa. — The federal government says Friday is the deadline to get land needed for the Flight 93 National Memorial in western Pennsylvania without using eminent domain.

June 9th, 2009 NY AG targets mortgage modification firmsGARDEN CITY, N.Y. — New York's attorney general says consumers do not have to pay upfront fees to companies that promise help in staving off home foreclosures.

June 1st, 2009 KOCHI - Smart City Dubai, the developer of a Rs.1,500-crore ($316 million) IT project here, Monday said the project cannot be delayed any further and urged the Kerala government to take quick action to sort out the free-hold land issue. Smart City Dubai chief executive Fareed Abdul Rehman told reporters here that the company wanted assurance from the government regarding the free-hold rights on 12 percent of land meant for the project.

May 9th, 2009 NYC mayor calls for ground zero development summitNEW YORK — New York City Mayor Michael Bloomberg is calling for a summit to resolve stalled ground zero redevelopment talks. The mayor is inviting the owners of the World Trade Center site, developer Larry Silverstein and the governors of New York and New Jersey to a meeting next week.

April 3rd, 2009 LONDON - Tata, the Indian owners of Jaguar Land Rover, are seeking 781 million pounds in Government and European loans to safeguard the company's future. Jaguar Land Rover is one of a number of companies looking to tap into the 2.3 billion pounds aid package promised by Lord Mandelson.