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NATIONAL NEWS  

   Greenspan sees brighter economic prospects
Federal Reserve Chairman Alan Greenspan said Tuesday that America's economic prospects were looking brighter, but cautioned that economic growth in the coming months will slow from the January-March pace.


HEALTHCARE / MARKETS / TECHNOLOGY  
Drug companies disclose tampering
Five major pharmaceutical companies, including GlaxoSmithKline P.L.C., have disclosed recently that a few of the prescription medicines carrying their labels were fake, watered down, or had experienced tampering.
Good Retail News Helps Markets Up
Healthy sales at Wal-Mart and an upbeat outlook from Avon sent stocks higher Wednesday as the market recovered from the selloff earlier this week.
Hitachi taking over IBM's hard-drive unit in $2.05 billion deal
IBM said Monday it will cut ties with its pioneering hard-drive division, announcing a $2.05 billion deal with Japanese computer giant Hitachi. The transaction could change the name of the decades-old San Jose plant on Cottle Road and transfer some of the most groundbreaking scientists in data storage.

INSIDE PERSONAL FINANCE  
Concerns mounting for mutual fund firms
Worried about paying for retirement? Worry more. That message was repeated many times here last week at the mutual-fund industry's largest annual gathering.
»More from our Retirement-401(k) section
Savers have options
Savers looking for places to park cash can be excused for feeling rather blue.Yields on investments with little or no credit risk, such as certificates of deposit and money market mutual funds, have sunk, mostly to just 1 percent to 3 percent.
»More from our Investing section
Homeowners insurance rates rise
Consumers opening letters from their homeowners-insurance companies recently have been hit with a not-so-pleasant surprise: higher rates or, even worse, notice their policy is not being renewed.
»More from our Insurance section

ASK OUR EXPERTS  
  Ask our mortgage expert
Now is a great time to buy a manufactured home or refinance your existing manufactured home loan. Ask Glenn Gilliam, President of Advantage Homes, your manufactured home mortgage questions, or any other questions that you may have about this affordable housing option.
  Ask our loan expert
Nathan Petrowsky of Right Trac Financial Group is ready to answer your loan questions whether you are a first-time homeowner or have a bankruptcy. Ask about home loans or how to refinance, and Nathan will put you on the right track.

FROM THE MERCURY NEWS AND CONTRA COSTA TIMES  

Transformer plant closing



Power grid survives high temperatures Demand expected to peak today



Energy traders could lose licenses to sell FERC alleges questionable trading strategies



Census: Bay Area fared well in decade



Agreement in works to protect digital TV



Alliance endorses digital TV plan



TECH TICKER



Tyco chief indicted for sales tax evasion






OPINION  

Peter Delevett: Reaching out to others in scary times




FOCUS ON WIRELESS COMMUNICATIONS   

   Wireless industry fearful of slowdown
With an astounding 130 million cell phones already in use in the United States, the wireless industry is fretting that it could lose momentum, even as it begins to introduce fancy new phones and high-speed data services.


RELATED LINKS:
Graphic | Cutting the Cord
In Japan, wireless technology has a culture of its own
Talk is cheap on cell phones
From wireless words to images
Let us now praise the pager, a workhorse device
How private are your calls?


BUSINESS UNUSUAL

Men bellying up to makeup bar

A little facial scrub and cover-up cream makes some men feel younger. At least that's what some companies are hoping.



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