Elise Hu

Why Buy A House When You Can Buy A Mountain?

Elise Hu — Tue, 18 Jun 2013 07:05:00 +0000

It's not your everyday real estate deal. A team of young entrepreneurs persuaded about 50 deep-pocketed investors to help them purchase a mountain. The deal just closed in April, and development on Utah's nearly 10,000-acre Powder Mountain is now underway.

"When we made those first phone calls, everybody's like, what?

Illinois Pension Crisis: This Is What Rock Bottom Looks Like

Elise Hu — Sat, 15 Jun 2013 11:03:00 +0000

Lawmakers in Illinois are headed back to work next week to address the state's $100 billion pension crisis, the worst unfunded pension liability in the nation. While almost all states faced pension funding issues during the recession, none of them are looking at a predicament as severe as in Illinois. Every day it doesn't get fixed, the burden on taxpayers grows larger.

"They are in the most dire situation of all the states," says David Draine, a senior researcher at the Pew Center on the States. "Illinois is facing a growing bill that it hasn't figured out how to pay for.

Rick Perry's War On The Blue States

Elise Hu — Wed, 12 Jun 2013 13:35:00 +0000

http://www.youtube.com/watch?v=D1izHVRxv7Y

What You Need To Know About Changes Coming From Apple

Elise Hu — Mon, 10 Jun 2013 21:39:00 +0000

If you opt for the upgrade, changes are coming to your iPhone experience this fall. And if you want to shell out some cash right away, the latest line of MacBook Air computers boasts a lot more power and battery life, and the machines are available to ship today.

Apple chiefs announced their latest products and improvements Monday as part of the keynote at the company's annual Worldwide Developers Conference in San Francisco.

We kept an eye on the two-hour presentation so you didn't have to.

A Day In The Life Of The Relentlessly Tracked

Elise Hu — Thu, 06 Jun 2013 17:45:00 +0000

Controversy is raging over a court order allowing the FBI and the National Security Agency to seize aggregate information of millions of Verizon customer phone calls.