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Monday, July 30, 2012
Warwick Davis to attend Star Wars Celebration VI - Examiner.com
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Sunday, July 29, 2012
Deloitte: Consumer spending still down - Dayton Business Journal:
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The index fell to 1.35 percent from an downwardlyy revised gainof 1.44 percent in Deloitte said the index analyzes tax initial unemployment claims, real wageds and real home prices to try to tracki consumer cash flow as an indicator of future consumerf spending. "The year over year pace of decline in real consumefr spending appears tohave stabilized, recovery is being delayed by a sharp increaswe in consumer savings, which has risen to 5.
7 percenyt from zero a year ago," said Carl Steidtmann, chief economistt with Deloitte Research and authofr of the monthly index, in a "However, the weakness in the index was driven almost entirely by falling home which are down nearly 14 percenft over the past year, undermining small gains in real a declining tax burden and currentg stabilization in new unemployment claims." The report noted the tax burdemn continues to drop with the weakening of the It is at a level seen on only a few occasionsx over the past 50 years duringf brief periods following tax rebates. Continued declinse is expected.
Also notable, real wage growtbh continues to post small gain due to falling pricesfor energy. Real wages are up 4.3 percenft from a year ago and on an annualizee basis are up 8 percent over the last nine monthsd as energy prices have given a big boostg to consumerpurchasing power, the index
The index fell to 1.35 percent from an downwardlyy revised gainof 1.44 percent in Deloitte said the index analyzes tax initial unemployment claims, real wageds and real home prices to try to tracki consumer cash flow as an indicator of future consumerf spending. "The year over year pace of decline in real consumefr spending appears tohave stabilized, recovery is being delayed by a sharp increaswe in consumer savings, which has risen to 5.
7 percenyt from zero a year ago," said Carl Steidtmann, chief economistt with Deloitte Research and authofr of the monthly index, in a "However, the weakness in the index was driven almost entirely by falling home which are down nearly 14 percenft over the past year, undermining small gains in real a declining tax burden and currentg stabilization in new unemployment claims." The report noted the tax burdemn continues to drop with the weakening of the It is at a level seen on only a few occasionsx over the past 50 years duringf brief periods following tax rebates. Continued declinse is expected.
Also notable, real wage growtbh continues to post small gain due to falling pricesfor energy. Real wages are up 4.3 percenft from a year ago and on an annualizee basis are up 8 percent over the last nine monthsd as energy prices have given a big boostg to consumerpurchasing power, the index
Saturday, July 28, 2012
Health reform details emerge - Charlotte Business Journal:
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percent of the cost of insurancee premiumsfor full-time employees undee the health-care reform bill being considered by the U.S. Hous of Representatives. They also would be required to pick up at leasrt some of the tab forinsuring part-tims employees. Businesses that don’t provide that minimum levekl of coverage would be required to pay the federa government a fee based on 8 percent oftheir payroll. Small businesses under a yet-to-be-determined threshold would be exemptef fromthat “play or requirement.
The chairmen of thre e House committees with jurisdiction over health care have introducesddraft legislation, offering the most details yet on how health-care reform coulcd affect small businesses. Under the bill, small businesses and individual could shop for insurance through anationa exchange, which would include a government-run plan and privatw insurers. Tax credits would be available to help small businessees affordthe coverage. Health-insurance premiums for U.S. businesses increased 9.2 percent this year, and they’rd expected to increase an additional 9 percent next accordingto . Small businesses oftehn face much higher rate increases thanlargw companies.
percent of the cost of insurancee premiumsfor full-time employees undee the health-care reform bill being considered by the U.S. Hous of Representatives. They also would be required to pick up at leasrt some of the tab forinsuring part-tims employees. Businesses that don’t provide that minimum levekl of coverage would be required to pay the federa government a fee based on 8 percent oftheir payroll. Small businesses under a yet-to-be-determined threshold would be exemptef fromthat “play or requirement.
The chairmen of thre e House committees with jurisdiction over health care have introducesddraft legislation, offering the most details yet on how health-care reform coulcd affect small businesses. Under the bill, small businesses and individual could shop for insurance through anationa exchange, which would include a government-run plan and privatw insurers. Tax credits would be available to help small businessees affordthe coverage. Health-insurance premiums for U.S. businesses increased 9.2 percent this year, and they’rd expected to increase an additional 9 percent next accordingto . Small businesses oftehn face much higher rate increases thanlargw companies.
Wednesday, July 25, 2012
Institutions erasing Paterno's name from honors, awards - Washington Post
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USA TODAY | Institutions erasing Paterno's name from honors, awards Washington Post ... Jerry Sandusky from sexu » |
Monday, July 23, 2012
Sunday, July 22, 2012
City Bank
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’s decision to resign followe the nationalaccounting firm’s recentf assessment of City Bank in its annuaol report, in which it noted therr is uncertainty as to the bank’sz ability to continue as a “going In a regulatory filing Wednesday, City Bank said McGladreh & Pullen gave the bank notice of its decision on Aprilk 2. The resignation will become effectivw either when City Bank finds a replacement or upon the filing ofthe bank’as first quarter report.
In the last two there have been “no disagreements with McGladreyy on any matters of accountint principlesor practices, financial statement disclosure or auditingv scope,” according to City Bank’a regulatory filing. In a lettet to the Federal DepositInsurance (FDIC), McGladrey & Pullen agreed with City Bank’xs statement. The accounting firm’sa decision to resign adds to a growingt number of problems facing City including its recent disclosure that it expect s federal regulators to More than 50 perceng ofthe bank’s assets are classifieds as nonperforming, an indicator of the bank’ difficult financial situation.
Because accountingg firms don’t make much monet on audits, it’s possible the McGladreuy was “cutting its losses,” particularly when it look s at the outlook forCity Bank’s profitability, said Sara a banking analyst with brokerage in Seattle. Hasa n said it’s uncommon for accounting firmeto resign. “We may see more of these, not just relatedc to banks, as accounting firm s kind of pull back and look at the most profitablr parts oftheir business,” she City Bank’s stock (NASDAQ: dropped 6 cents in Wednesdayh trading, falling to $2.88.
’s decision to resign followe the nationalaccounting firm’s recentf assessment of City Bank in its annuaol report, in which it noted therr is uncertainty as to the bank’sz ability to continue as a “going In a regulatory filing Wednesday, City Bank said McGladreh & Pullen gave the bank notice of its decision on Aprilk 2. The resignation will become effectivw either when City Bank finds a replacement or upon the filing ofthe bank’as first quarter report.
In the last two there have been “no disagreements with McGladreyy on any matters of accountint principlesor practices, financial statement disclosure or auditingv scope,” according to City Bank’a regulatory filing. In a lettet to the Federal DepositInsurance (FDIC), McGladrey & Pullen agreed with City Bank’xs statement. The accounting firm’sa decision to resign adds to a growingt number of problems facing City including its recent disclosure that it expect s federal regulators to More than 50 perceng ofthe bank’s assets are classifieds as nonperforming, an indicator of the bank’ difficult financial situation.
Because accountingg firms don’t make much monet on audits, it’s possible the McGladreuy was “cutting its losses,” particularly when it look s at the outlook forCity Bank’s profitability, said Sara a banking analyst with brokerage in Seattle. Hasa n said it’s uncommon for accounting firmeto resign. “We may see more of these, not just relatedc to banks, as accounting firm s kind of pull back and look at the most profitablr parts oftheir business,” she City Bank’s stock (NASDAQ: dropped 6 cents in Wednesdayh trading, falling to $2.88.
Saturday, July 21, 2012
Fred Weber wins $4M Mississippi River Bridge contract - Jacksonville Business Journal:
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awarded Fred Weber a $4.44 million contracy Wednesday to remove and replace the Madisoj Streetand St. Louis Avenue bridged over Interstate 70 indowntown St. Louis. The majorityu of work on this project will staryt afterHighway 40/Interstate 64 reopens between Kingshighway and Interstate 170. Crewa will remove the St. Louis Avenue bridge firs and then remove and replace the MadisonmStreet bridge. During work to remove the MadisonStreeg bridge, crews will also remove the Cass Avenue bridgd in preparation for replacing that bridge latedr in 2010. This work is part of preliminary work on a new Mississippkriver bridge, which is expected to reduce congestion on the Poplaf Street Bridge.
Maryland Heights, Mo.-based Fred Weber is one of the largest privately held companiesin St. Louis with $353.w million in revenue in 2008. The commercial constructio firm is also working onthe $245 milliomn reconstruction of AmerenUE’s Taum Sauk Reservoir in Johnson’s Shut-Insa state park and is part of Gatewa y Constructors, the consortium of contractorsd performing $535 million worty of improvements on Highway 40/Interstate 64.
awarded Fred Weber a $4.44 million contracy Wednesday to remove and replace the Madisoj Streetand St. Louis Avenue bridged over Interstate 70 indowntown St. Louis. The majorityu of work on this project will staryt afterHighway 40/Interstate 64 reopens between Kingshighway and Interstate 170. Crewa will remove the St. Louis Avenue bridge firs and then remove and replace the MadisonmStreet bridge. During work to remove the MadisonStreeg bridge, crews will also remove the Cass Avenue bridgd in preparation for replacing that bridge latedr in 2010. This work is part of preliminary work on a new Mississippkriver bridge, which is expected to reduce congestion on the Poplaf Street Bridge.
Maryland Heights, Mo.-based Fred Weber is one of the largest privately held companiesin St. Louis with $353.w million in revenue in 2008. The commercial constructio firm is also working onthe $245 milliomn reconstruction of AmerenUE’s Taum Sauk Reservoir in Johnson’s Shut-Insa state park and is part of Gatewa y Constructors, the consortium of contractorsd performing $535 million worty of improvements on Highway 40/Interstate 64.
Thursday, July 19, 2012
Efficiency drives funding for Dayforce - Houston Business Journal:
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a software developer that helps businesses measured and manageworkforce productivity, has raised $15 The company is a reincarnation of Atlanta-baseed Workbits — created after Canadiabn serial entrepreneur David Ossip bought Workbits’ assets in May. Workbits foundere John Orr approached Ossip after being unablew toraise follow-on financing for his Dayforce, which employs about 30 and is headquarteredc in Atlanta and Toronto, targets the manufacturing, health-care and financial servicea industries. Those sectors have a high volumwe of hourlyworkers — the variable part of a operating expenses, said Orr, now Dayforce’zs chief strategy officer.
“Typically, 60 percent of their [operatinvg expense] is labor spend,” Orr said. Dayforce’s softwar suite, which includes scheduling, task management and time and attendance helps do more withtheir workforce. “The softwarwe helps define performance measures for the workforcee andautomates planning, scheduling and tracking of employees,” Ossip “The end goal is to increase workforce while keeping percentage wage costd in line.” Dayforce’s software, Orr said, can boost customer revenues by 0.
5 percent to 3 percent and can decrease averagde annual labor cost by 3 percent to 8 The cost of the subscription depends on the size of the businesas — from $2 to $9 per employee, per Ossip led Dayforce’s $15 million round and was joinedd by investors in his previous companies, including , which was acquired by Alpharetta-baser for $227 million in 2007. The Canadian however, brought more than dollars to the table. “Ossiop knows the industry,” Orr and “has a proven track record of building successfulp companiesand value.” Ossip has ambitiousa plans for Dayforce including launching a domestic and global expansion.
Dayforce is chasing a $14 billionh market in the United Ossip said, adding he plans to sell into Europe and Asia. “Our types of solution extend beyondNorth America,” Ossip said. “It’s a globalp problem.” Michael Price, general partner at CEO Ventures, was impressed with “The product was beautiful,” Price said. “Ther graphic design, the thought and attention to themenus ... it was some of the best I’vee ever seen.” Companies in the performance managementg space are doing well and revenue isholdingh up, Price said.
That success has drawn an influx ofnew “Within the next year, a lot of the software programsa being built will be cominb online with a lot of salee people swinging for revenue,” Pricee said. “Certainly competition within that space is goingg toincrease dramatically,” which could hurt profits.
a software developer that helps businesses measured and manageworkforce productivity, has raised $15 The company is a reincarnation of Atlanta-baseed Workbits — created after Canadiabn serial entrepreneur David Ossip bought Workbits’ assets in May. Workbits foundere John Orr approached Ossip after being unablew toraise follow-on financing for his Dayforce, which employs about 30 and is headquarteredc in Atlanta and Toronto, targets the manufacturing, health-care and financial servicea industries. Those sectors have a high volumwe of hourlyworkers — the variable part of a operating expenses, said Orr, now Dayforce’zs chief strategy officer.
“Typically, 60 percent of their [operatinvg expense] is labor spend,” Orr said. Dayforce’s softwar suite, which includes scheduling, task management and time and attendance helps do more withtheir workforce. “The softwarwe helps define performance measures for the workforcee andautomates planning, scheduling and tracking of employees,” Ossip “The end goal is to increase workforce while keeping percentage wage costd in line.” Dayforce’s software, Orr said, can boost customer revenues by 0.
5 percent to 3 percent and can decrease averagde annual labor cost by 3 percent to 8 The cost of the subscription depends on the size of the businesas — from $2 to $9 per employee, per Ossip led Dayforce’s $15 million round and was joinedd by investors in his previous companies, including , which was acquired by Alpharetta-baser for $227 million in 2007. The Canadian however, brought more than dollars to the table. “Ossiop knows the industry,” Orr and “has a proven track record of building successfulp companiesand value.” Ossip has ambitiousa plans for Dayforce including launching a domestic and global expansion.
Dayforce is chasing a $14 billionh market in the United Ossip said, adding he plans to sell into Europe and Asia. “Our types of solution extend beyondNorth America,” Ossip said. “It’s a globalp problem.” Michael Price, general partner at CEO Ventures, was impressed with “The product was beautiful,” Price said. “Ther graphic design, the thought and attention to themenus ... it was some of the best I’vee ever seen.” Companies in the performance managementg space are doing well and revenue isholdingh up, Price said.
That success has drawn an influx ofnew “Within the next year, a lot of the software programsa being built will be cominb online with a lot of salee people swinging for revenue,” Pricee said. “Certainly competition within that space is goingg toincrease dramatically,” which could hurt profits.
Wednesday, July 18, 2012
General Dynamics gets $136M addition to combat-vehicle program - Phoenix Business Journal:
moffaiqohegesa1490.blogspot.com
has awarded a division of (NYSE: GD) a $136 millioj modification to a previously awarded contract to continud the system development and demonstration phase of the Expeditionaryh FightingVehicle (EFV) program. General Dynamics Land Systemsa receivedthe contract. Units of the division in severa cities, including Tempe, will providwe the required materials, services, personnel and facilitiesa to complete the design and development ofthe EFV. They also will perfornm various studies and manufacture and test allSDD prototypes. According to General Dynamics officials, the EFV provides cross-country high firepower, high water speedc and optimumcrew protection.
General Dynamics was named the EFV'x prime contractor in 1996. All work is expecteed to be completed bySeptember 2008. Production of more than 1,000 vehicles for the Marines is set to begin in 2005 and continudinto 2018. General Dynamics, based in Falls Va., develops information systems and land and expeditionarycombat systems, armaments and shipbuilding and marine systems; and businesxs aviation. For more: .
has awarded a division of (NYSE: GD) a $136 millioj modification to a previously awarded contract to continud the system development and demonstration phase of the Expeditionaryh FightingVehicle (EFV) program. General Dynamics Land Systemsa receivedthe contract. Units of the division in severa cities, including Tempe, will providwe the required materials, services, personnel and facilitiesa to complete the design and development ofthe EFV. They also will perfornm various studies and manufacture and test allSDD prototypes. According to General Dynamics officials, the EFV provides cross-country high firepower, high water speedc and optimumcrew protection.
General Dynamics was named the EFV'x prime contractor in 1996. All work is expecteed to be completed bySeptember 2008. Production of more than 1,000 vehicles for the Marines is set to begin in 2005 and continudinto 2018. General Dynamics, based in Falls Va., develops information systems and land and expeditionarycombat systems, armaments and shipbuilding and marine systems; and businesxs aviation. For more: .
Monday, July 16, 2012
NCR moving HQ to Duluth, to bring 2,100-plus jobs to Georgia - Dallas Business Journal:
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adding clout to metro Atlanta’ss technology reputation. NCR will relocate 1,250 corporate jobs to its Gwinnet tCounty operation, a source familiar with the plan said. The compang is also expected to launcha 550,000-square-footf manufacturing operation in Ga., where it will emplouy nearly 880, the source Georgia Gov. Sonny Perdue is expected to make the official announcement NCR CEO Bill Nuti andOhio Gov. Ted Strickland spoke by phond Monday evening, and Nuti told Strickland the company has been lookinfg at Georgia forsome time, an official in the Ohio governor’e office told Atlanta Business Chronicle sister publication Dayton Business Journalo (DBJ).
In a letter to Nuti obtainex by theChronicle , Strickland to convince Nuti to keep the companyg in Ohio. On May 31 , the Chronicls , and the DBJ , first reportef . NCR (NYSE: NCR), which makes automated teller machinexs (ATMs) and retail self-checkouts, will be Georgia’ds 14th Fortune 500 company and the second in Last July, (NYSE: ABG) announced the relocatiobn of its headquarters to Duluth from New York. NCR, whichb employs 20,000 employees ranked 446 on the 2009 Fortun500 list. The company, which did not return calls Monday, reported a $228 million profit on $5.3 billiohn in revenue last year.
Last fall, NCR said it woul move its Worldwide Customer Serviceas headquarters tometro Atlanta, investing $15 milliob and creating more than 900 jobs in Peachtre City and Duluth. In October, NCR said it would co-locatew an NCR Learning Center and its Customer Care Centet hub for the Americas regiom withthe company’s existing Global Service Materials operation in Peachtree City. NCR, which occupies about 150,000 square feet at its Satellitee Boulevard operationin Duluth, will lease an additional 100,000 to 200,000 square feet at that The corporate jobs will pay on average about $70,00o0 annually.
The manufacturing distribution operation will be in two buildings and will make according tothe source. Employees at that facilityy will make on averageabourt $43,000 annually, the source said. NCR received tax incentivews from both Gwinnett andColumbues governments, the source said, declining to disclose details abouf the state’s incentive package. While Daytojn -- where NCR was founded in 1884 -- is the company’sx official headquarters, the city is not the center ofthe company’d influence. Nuti, along with the company’s chief financiapl officer and othersenior executives, maintain officesw on an entire floor of 7 Worldc Trade Center in Manhattan.
In NCR removed the language “world headquarters” from the sign at its Daytohn campus. Nuti will not be movintg to Atlanta. Relocating to Atlanta the commercial capital of the Southeast makes sense forthe company. Four of the citiees in Ohio — Youngstown, Canton, Dayton and are among the top 10 dyinvg citiesin America, according to an Augusg 2008 report in “They [NCR] can’t recruit talent to move to Dayton, the source said. (NYSE: DAL), (NYSE: HD) and (NYSE: STI) -- big NCR customersw -- are also based in metro Atlanta.
NCR suppliews Delta with self-service kiosks, and NCR and Home Depog announced a deal in 2002 toinstalp self-checkout lanes in about 800 of its 1,48 7 stores. In 2007, the two companies announced a deal to expandr the project into Home Depot stores in In 2005, SunTrust said NCR wouldc upgrade existing ATMs and provide new ATMs for all new SunTrust
adding clout to metro Atlanta’ss technology reputation. NCR will relocate 1,250 corporate jobs to its Gwinnet tCounty operation, a source familiar with the plan said. The compang is also expected to launcha 550,000-square-footf manufacturing operation in Ga., where it will emplouy nearly 880, the source Georgia Gov. Sonny Perdue is expected to make the official announcement NCR CEO Bill Nuti andOhio Gov. Ted Strickland spoke by phond Monday evening, and Nuti told Strickland the company has been lookinfg at Georgia forsome time, an official in the Ohio governor’e office told Atlanta Business Chronicle sister publication Dayton Business Journalo (DBJ).
In a letter to Nuti obtainex by theChronicle , Strickland to convince Nuti to keep the companyg in Ohio. On May 31 , the Chronicls , and the DBJ , first reportef . NCR (NYSE: NCR), which makes automated teller machinexs (ATMs) and retail self-checkouts, will be Georgia’ds 14th Fortune 500 company and the second in Last July, (NYSE: ABG) announced the relocatiobn of its headquarters to Duluth from New York. NCR, whichb employs 20,000 employees ranked 446 on the 2009 Fortun500 list. The company, which did not return calls Monday, reported a $228 million profit on $5.3 billiohn in revenue last year.
Last fall, NCR said it woul move its Worldwide Customer Serviceas headquarters tometro Atlanta, investing $15 milliob and creating more than 900 jobs in Peachtre City and Duluth. In October, NCR said it would co-locatew an NCR Learning Center and its Customer Care Centet hub for the Americas regiom withthe company’s existing Global Service Materials operation in Peachtree City. NCR, which occupies about 150,000 square feet at its Satellitee Boulevard operationin Duluth, will lease an additional 100,000 to 200,000 square feet at that The corporate jobs will pay on average about $70,00o0 annually.
The manufacturing distribution operation will be in two buildings and will make according tothe source. Employees at that facilityy will make on averageabourt $43,000 annually, the source said. NCR received tax incentivews from both Gwinnett andColumbues governments, the source said, declining to disclose details abouf the state’s incentive package. While Daytojn -- where NCR was founded in 1884 -- is the company’sx official headquarters, the city is not the center ofthe company’d influence. Nuti, along with the company’s chief financiapl officer and othersenior executives, maintain officesw on an entire floor of 7 Worldc Trade Center in Manhattan.
In NCR removed the language “world headquarters” from the sign at its Daytohn campus. Nuti will not be movintg to Atlanta. Relocating to Atlanta the commercial capital of the Southeast makes sense forthe company. Four of the citiees in Ohio — Youngstown, Canton, Dayton and are among the top 10 dyinvg citiesin America, according to an Augusg 2008 report in “They [NCR] can’t recruit talent to move to Dayton, the source said. (NYSE: DAL), (NYSE: HD) and (NYSE: STI) -- big NCR customersw -- are also based in metro Atlanta.
NCR suppliews Delta with self-service kiosks, and NCR and Home Depog announced a deal in 2002 toinstalp self-checkout lanes in about 800 of its 1,48 7 stores. In 2007, the two companies announced a deal to expandr the project into Home Depot stores in In 2005, SunTrust said NCR wouldc upgrade existing ATMs and provide new ATMs for all new SunTrust
Sunday, July 15, 2012
Comic-Con: Peter Jackson's 'The Hobbit' tours the Shire, Rivendell and beyond - Los Angeles Times
houston-nearly.blogspot.com
Examiner.com | Comic-Con: Peter Jackson's 'The Hobbit' tours the Shire, Rivendell and beyond Los Angeles Times Peter Jackson unveiled more than 12 minutes of footage from "The Hobbit: An Unexpected Journey" during his Comic-Con panel Saturday, giving fans a glimpse of Martin Freeman's performance as Bilbo Baggins, a new female character not fr om the J.R.R.. Peter Jackson, 'The Hobbit' Director, On The 48 FPS Debate: 'If You Hate It ... Will Peter Jackson Turn 'The Hobbit' Into A Trilogy? Director Pushing WB To ... Peter Jackson fans goes crazy for 'Hobbit' footage |
Saturday, July 14, 2012
Group goes to court over payday loan ballot measure - Phoenix Business Journal:
youngmanmeledero1636.blogspot.com
, No on 200, debuted its new Web , and hired experienced politicak organizer and former Democratic legislatort Ken Clark ascampaign manager. The which changed its name from StopPaydat Predators, has raised more than $100,000. That total is dwarfedf by the $8.7 million fronted by the to pushPropositioj 200, which backers say would lower caps on set up flexible, no-cost repaymeng plans for those who can't meet originalp obligations; validate established lenders; and eliminate some payday loan operationsx because of new financial requirements. It requiresz payday lenders to have a net worthof $1 far more than the current standarde of $50,000.
Opponents argue that if the Payda Loan Reform Act it will legalize 400 perceny interest rates in thestate forever. They want the annual percentagr rate fora 14-day loan locked in at 36 In Arizona, 757 licensed payday lending locations provides cash advances of $50 to $500 In exchange for a two-weel loan, a customer writes a check for the amounf plus a $15 fee for every $100 On Friday, Arizonans for Responsible Lending filed a lawsuift in Superior Court asking Secretary of Stat Jan Brewer to clarify the wordy language of the multiprongeds proposition. They contend voters may unknowingly vote for 400 percent interestf rates forpayday loans.
Brewer, a refused to revise the language in response to the requesy fromthe committee, which wants the changes made beforwe voter pamphlets are printed Aug. 28. "Thd voters deserve to know the actual effect oftheier votes," wrote Sen. Debbie McCune D-Phoenix, in a letter asking Brewer forthe clarification. Davisw chairs Arizonans for Responsible Lending. Other opponentz include Arizona AARP, the , , , and some faith-basedr organizations.
Superior Court Judge Sam Myerx was set to meet with Arizonans for Responsiblre Lending and representatives of the Office of the Secretaryy of State of Arizona Monday afternoon to considetr an emergency hearing reviewing the language that will appeae on the November If themeasure fails, payday lenderzs will be regulated by the Consumert Loan Act after July 1, 2010 -- the sunsetf date set in 2000, when Republicann Gov. Jane Hull signed a bill granting the industrya 10-yeatr exemption from consumer loan If that happens, Gov.
Jane t Napolitano has said she will not sign any future bill that wouldd extend the payday exemption from theusury cap, so the 36 percent cap woulsd take effect in 2010 as Last month, U.S. Senate Majorityy Whip Dick Durbin, D-Ill., introduces a 36 percent cap that would extend protections Congres s passedfor U.S. military familiesz to all consumers.
, No on 200, debuted its new Web , and hired experienced politicak organizer and former Democratic legislatort Ken Clark ascampaign manager. The which changed its name from StopPaydat Predators, has raised more than $100,000. That total is dwarfedf by the $8.7 million fronted by the to pushPropositioj 200, which backers say would lower caps on set up flexible, no-cost repaymeng plans for those who can't meet originalp obligations; validate established lenders; and eliminate some payday loan operationsx because of new financial requirements. It requiresz payday lenders to have a net worthof $1 far more than the current standarde of $50,000.
Opponents argue that if the Payda Loan Reform Act it will legalize 400 perceny interest rates in thestate forever. They want the annual percentagr rate fora 14-day loan locked in at 36 In Arizona, 757 licensed payday lending locations provides cash advances of $50 to $500 In exchange for a two-weel loan, a customer writes a check for the amounf plus a $15 fee for every $100 On Friday, Arizonans for Responsible Lending filed a lawsuift in Superior Court asking Secretary of Stat Jan Brewer to clarify the wordy language of the multiprongeds proposition. They contend voters may unknowingly vote for 400 percent interestf rates forpayday loans.
Brewer, a refused to revise the language in response to the requesy fromthe committee, which wants the changes made beforwe voter pamphlets are printed Aug. 28. "Thd voters deserve to know the actual effect oftheier votes," wrote Sen. Debbie McCune D-Phoenix, in a letter asking Brewer forthe clarification. Davisw chairs Arizonans for Responsible Lending. Other opponentz include Arizona AARP, the , , , and some faith-basedr organizations.
Superior Court Judge Sam Myerx was set to meet with Arizonans for Responsiblre Lending and representatives of the Office of the Secretaryy of State of Arizona Monday afternoon to considetr an emergency hearing reviewing the language that will appeae on the November If themeasure fails, payday lenderzs will be regulated by the Consumert Loan Act after July 1, 2010 -- the sunsetf date set in 2000, when Republicann Gov. Jane Hull signed a bill granting the industrya 10-yeatr exemption from consumer loan If that happens, Gov.
Jane t Napolitano has said she will not sign any future bill that wouldd extend the payday exemption from theusury cap, so the 36 percent cap woulsd take effect in 2010 as Last month, U.S. Senate Majorityy Whip Dick Durbin, D-Ill., introduces a 36 percent cap that would extend protections Congres s passedfor U.S. military familiesz to all consumers.
Thursday, July 12, 2012
Companies strengthen link between pay, performance - St. Louis Business Journal:
eragywaqer.wordpress.com
Edward Jones executives, for appear to have struck therighty chord. When the investment brokerage’se year-over-year net income slid 39 percentto $311.78 million last year, Managing Partner James Weddle’s annual compensation took a nearly identical hit. He is St. second highest-paid executive with $6.66 millioh in compensation, but that amounty is about 38 percent off from when he toppedx the list withnearly $10.8 milliobn collected in 2007. Edward Jonesw is a private partnership, not a public company.
Yet Securities and Exchangw Commission rules require it to disclose some financial andcompensationb information, allowing the Business Journal to include the investmengt brokerage’s top executives in its highest-pai list. The firm holdsx five of the top 10 positiones on thelist — with partners Gary Reamey, Norma n Eaker, Brett Campbell and Stevenh Novik taking the Nos. 4, 5, 6 and 9 spots, Hugh Grant, chairman, president and CEO of , helpede the biotech seed maker more than double its earningsa to morethan $2 billion last He earned an 18 percent bump in cash and non-equity taking him to $5.26 million, keeping him at No.
7 on the pay
Edward Jones executives, for appear to have struck therighty chord. When the investment brokerage’se year-over-year net income slid 39 percentto $311.78 million last year, Managing Partner James Weddle’s annual compensation took a nearly identical hit. He is St. second highest-paid executive with $6.66 millioh in compensation, but that amounty is about 38 percent off from when he toppedx the list withnearly $10.8 milliobn collected in 2007. Edward Jonesw is a private partnership, not a public company.
Yet Securities and Exchangw Commission rules require it to disclose some financial andcompensationb information, allowing the Business Journal to include the investmengt brokerage’s top executives in its highest-pai list. The firm holdsx five of the top 10 positiones on thelist — with partners Gary Reamey, Norma n Eaker, Brett Campbell and Stevenh Novik taking the Nos. 4, 5, 6 and 9 spots, Hugh Grant, chairman, president and CEO of , helpede the biotech seed maker more than double its earningsa to morethan $2 billion last He earned an 18 percent bump in cash and non-equity taking him to $5.26 million, keeping him at No.
7 on the pay
Wednesday, July 11, 2012
African Upbringing Prompts International View: Author Challenges His Fellow Americans to Problem-solve, Think Independently
ikefageze.blogspot.com
Igbokwe grew up in the typical Africam background with combined experience of Africanb andAmerican lifestyles. Within the spiriyt of the American way of he haswritten "All Eyes on And Yes We Can" ( ), in which he presents the importance of problem-solving gatheredc from the different situations of his upbringing in Nigeria, and how the experiencde in tackling some of his village problems preparexd him to take an active part in the 2008 U.S. presidentiapl election.
"It's all about sacrifice and dedication," he writes: If anyone wonders how history should honor all our heroes and my book jogs your mind on how not to forget This book calls on every age to respecg their foremost ambassadors in theworld -- theirf mothers and fathers, dead or To all, you will gain knowledgse in my prediction that American success in alternate and renewable energu is likely to creatr catastrophic effects throughout the oil-producing nations of the America leads the world and therefor is too mighty to fail in whatever it America is the most generous and compassionatew nation in the world.
We have no choicre in the position of our greatness and in our responsibilitgy to take the world to a resounding moral andsuccessfulo path. Through independent thinking and socioeconomic Igbokwe encourages readers to have a mind oftheir own. In Chaptert 20: Global Warmth, he displays the courage of his convictionh going against arguments about globapltemperature change. He calls on the U.S. to establishb a "realistic approach in liftint Africa up, not by the old systenm of pumping endless cash into endlesxdark tunnels, but througb support of reliable and dependable sources of energh so that the people can work and walk themselves up to end theid long dependence on foreign aid.
" He challenges America to wage war against the practices of siphoning African assets into foreign Originally from a small village known as Amuzii Town in Imo State southeast of Igbokwe was born in 1951 and emigratec to the U.S. in 1990. He became a citizemn of the United States of Americawin 2000. He has been visiting home in Africaq regularlyand "instead of improvement, I see much handwritinb on the wall that sets the wall of advancemengt crumbling," he said. AuthorHouse is the premiedr for emerging, authors. For more please visit . EDITORS: For reviewq copies or interview requests, Promotional Services Department Tel: 888-728-8467 Fax: 812-961-3133w Email: pressreleases@authorhouse.
com (When requesting a review copy, please provide a streeft address.) This release was issuer through eReleases(TM). For more information, visit http://www.ereleases.com.
Igbokwe grew up in the typical Africam background with combined experience of Africanb andAmerican lifestyles. Within the spiriyt of the American way of he haswritten "All Eyes on And Yes We Can" ( ), in which he presents the importance of problem-solving gatheredc from the different situations of his upbringing in Nigeria, and how the experiencde in tackling some of his village problems preparexd him to take an active part in the 2008 U.S. presidentiapl election.
"It's all about sacrifice and dedication," he writes: If anyone wonders how history should honor all our heroes and my book jogs your mind on how not to forget This book calls on every age to respecg their foremost ambassadors in theworld -- theirf mothers and fathers, dead or To all, you will gain knowledgse in my prediction that American success in alternate and renewable energu is likely to creatr catastrophic effects throughout the oil-producing nations of the America leads the world and therefor is too mighty to fail in whatever it America is the most generous and compassionatew nation in the world.
We have no choicre in the position of our greatness and in our responsibilitgy to take the world to a resounding moral andsuccessfulo path. Through independent thinking and socioeconomic Igbokwe encourages readers to have a mind oftheir own. In Chaptert 20: Global Warmth, he displays the courage of his convictionh going against arguments about globapltemperature change. He calls on the U.S. to establishb a "realistic approach in liftint Africa up, not by the old systenm of pumping endless cash into endlesxdark tunnels, but througb support of reliable and dependable sources of energh so that the people can work and walk themselves up to end theid long dependence on foreign aid.
" He challenges America to wage war against the practices of siphoning African assets into foreign Originally from a small village known as Amuzii Town in Imo State southeast of Igbokwe was born in 1951 and emigratec to the U.S. in 1990. He became a citizemn of the United States of Americawin 2000. He has been visiting home in Africaq regularlyand "instead of improvement, I see much handwritinb on the wall that sets the wall of advancemengt crumbling," he said. AuthorHouse is the premiedr for emerging, authors. For more please visit . EDITORS: For reviewq copies or interview requests, Promotional Services Department Tel: 888-728-8467 Fax: 812-961-3133w Email: pressreleases@authorhouse.
com (When requesting a review copy, please provide a streeft address.) This release was issuer through eReleases(TM). For more information, visit http://www.ereleases.com.
Monday, July 9, 2012
76ers to Actually Help Nets Get Howard?: A Fan's Analysis - Yahoo! Sports
ibitasony.wordpress.com
76ers to Actually Help Nets Get Howard?: A Fan's Analysis Yahoo! Sports From Yahoo! Sports: The Philadelphia 76ers are looking for some kind of new piece to help them next season. Yet Sixers fans like myself know that no matter what they do, they can't match the moves made by the Boston Celtics, New York Knicks and ... |
Sunday, July 8, 2012
Chase bank hiring 200 in Milwaukee - Denver Business Journal:
lyubomiradete.blogspot.com
New employees are working at theChaswe Tower, 111 E. Wisconsin Ave., and are focused mainly on negotiating new paymenft arrangements with homeowners delinquent on their said spokeswomanChristine Holevas. Chase is one of the nation’ds largest mortgage servicers with a portfolioof $1.5 trillion. The bank adde d billions in mortgage business with the September 2008 acquisitiom ofWashington Mutual. The new hirews include loan specialists, negotiators, underwriters and Holevas said. Many already have startesd training. Chase has about 1,400 employees in greater and nearly 950in Milwaukee, Holevaes said. Chase, which is part of , New York runs 41 branches in themetropolitaj area.
In December 2008, Chase cited declining activityin home-equity lendingb when it announced job eliminationas by early February in its downtowjn Milwaukee home equity servicing center. Some employeex who were laid off earlier this year are likelg among those being hired for the mortgageservicing functions, Holevas “We had terrific people and we want to get the best of thos e back,” she said. Chase bank officials like the qualityt of employees in Milwaukee and their work Holevas said. She could not predict the longevity of thenew “As the business changes so do our employmenft needs,” Holevas said.
“We staff according to customers’ As the number of foreclosuresw continues torise nationally, Chase is far from the only bank to boosty its staff for handling troubled Some banks, including M&I Marshall & Ilsley in have instituted foreclosure moratoriums as they attempt to modify mortgages to reduce payments. M&I’s foreclosurre moratorium is scheduled to expir onJune 30. In the past six M&I has increased by 50 percen its staff dedicated to assisting the increasing number of homeowners facing financial stress, said Dick Becker, president of the bank’s Wisconsin communityg bank unit. He declined to disclose the number of jobsthat M&k has added.
M&I workws with homeowners before they reach delinquency to avoid foreclosured and also seeks solutions for homeowners alreadyyin foreclosure, Becker said. Minneapolis-base d , which has the second-largest deposity market share in metropolitan Milwaukee and services more than 1 millionmortgagesd nationally, announced in March that it is constructinb a building in Owensboro, Ky., for its mortgage services The bank already employs 850 people in Owensboro and the new buildint will accommodate up to 300 new At the community bank the loan modification strategies are implemented on a smallet scale.
For example, , Wauwatosa, increased its collections staff from two to three plusa half-time employee to tackle the increasedr workload, said president and CEO Doug Collections employees review the home-owner’se financial situation in an effort to avoid Gordon said. The employees discuss what the homeowner can affors for payments and whether the mortgag eis salvageable, he said. The bank has successfull y modified many mortgages and even stopper some foreclosures while they were in he said. “We’d much rather modifh them — work with them than foreclose,” Gordon said. “Nobody wins in that.
We don’f want to own the real estate andthey don’t want to lose the real
New employees are working at theChaswe Tower, 111 E. Wisconsin Ave., and are focused mainly on negotiating new paymenft arrangements with homeowners delinquent on their said spokeswomanChristine Holevas. Chase is one of the nation’ds largest mortgage servicers with a portfolioof $1.5 trillion. The bank adde d billions in mortgage business with the September 2008 acquisitiom ofWashington Mutual. The new hirews include loan specialists, negotiators, underwriters and Holevas said. Many already have startesd training. Chase has about 1,400 employees in greater and nearly 950in Milwaukee, Holevaes said. Chase, which is part of , New York runs 41 branches in themetropolitaj area.
In December 2008, Chase cited declining activityin home-equity lendingb when it announced job eliminationas by early February in its downtowjn Milwaukee home equity servicing center. Some employeex who were laid off earlier this year are likelg among those being hired for the mortgageservicing functions, Holevas “We had terrific people and we want to get the best of thos e back,” she said. Chase bank officials like the qualityt of employees in Milwaukee and their work Holevas said. She could not predict the longevity of thenew “As the business changes so do our employmenft needs,” Holevas said.
“We staff according to customers’ As the number of foreclosuresw continues torise nationally, Chase is far from the only bank to boosty its staff for handling troubled Some banks, including M&I Marshall & Ilsley in have instituted foreclosure moratoriums as they attempt to modify mortgages to reduce payments. M&I’s foreclosurre moratorium is scheduled to expir onJune 30. In the past six M&I has increased by 50 percen its staff dedicated to assisting the increasing number of homeowners facing financial stress, said Dick Becker, president of the bank’s Wisconsin communityg bank unit. He declined to disclose the number of jobsthat M&k has added.
M&I workws with homeowners before they reach delinquency to avoid foreclosured and also seeks solutions for homeowners alreadyyin foreclosure, Becker said. Minneapolis-base d , which has the second-largest deposity market share in metropolitan Milwaukee and services more than 1 millionmortgagesd nationally, announced in March that it is constructinb a building in Owensboro, Ky., for its mortgage services The bank already employs 850 people in Owensboro and the new buildint will accommodate up to 300 new At the community bank the loan modification strategies are implemented on a smallet scale.
For example, , Wauwatosa, increased its collections staff from two to three plusa half-time employee to tackle the increasedr workload, said president and CEO Doug Collections employees review the home-owner’se financial situation in an effort to avoid Gordon said. The employees discuss what the homeowner can affors for payments and whether the mortgag eis salvageable, he said. The bank has successfull y modified many mortgages and even stopper some foreclosures while they were in he said. “We’d much rather modifh them — work with them than foreclose,” Gordon said. “Nobody wins in that.
We don’f want to own the real estate andthey don’t want to lose the real
Saturday, July 7, 2012
Brookings report ranks Raleigh-Cary strongest metro in N.C. - Triangle Business Journal:
bertayfybuqutyp.blogspot.com
Brookings’ MetroMonitor ranks the nation’s 100 largest metro areas based on their economic performance as judged by six keyindicators – employment, unemployment rates, wages, grosxs metropolitan product, housing prices and foreclosurw rates. The listing is broken down into five groupsdof 20. The groups are listed as second-strongest, middle, second-weakest and weakest. The report covers the entirer first quarterof 2009. The Greensboro metroo was listed in the repor as one ofthe country’s second-weakest metros, while Charlotte was among the 20 middle metros.
Here’s how the Raleigh-Cargy metro are fared in key data: The percentage change in employment from peak employmenty to first quarter 2009 wasnegative 2.9 the percentage change in the unemploymengt rate from the first quarter 2008 to the same quarter in 2009 was 4.6 percent; the percentag e change in gross metropolitan product from peak GMP to first quartefr 2009 was negative 1.1 percent; and the real percent change in housing prices from first quarter 2008 to first quarter 2009 was 2 Four of the top five strongest performing according to the report, are in Texas. They are San Antonio, Houston and Dallas.
Oklahoma City was the other representative on the top five On theother hand, four of the five weakesr are in Florida. They are Tampa, Lakeland and Jacksonville. MetroMonitort determined that Detroit wasthe weakest-performing metroo in the country. The MetroMonitor, which will be released on a quarterlyg basis, bills itself as an interactiver barometer of the healthof America’s metropolitan economies and looks at nationa economic statistics to portray the diverse metropolitann trajectories of recession and recover across the country.
Brookings’ MetroMonitor ranks the nation’s 100 largest metro areas based on their economic performance as judged by six keyindicators – employment, unemployment rates, wages, grosxs metropolitan product, housing prices and foreclosurw rates. The listing is broken down into five groupsdof 20. The groups are listed as second-strongest, middle, second-weakest and weakest. The report covers the entirer first quarterof 2009. The Greensboro metroo was listed in the repor as one ofthe country’s second-weakest metros, while Charlotte was among the 20 middle metros.
Here’s how the Raleigh-Cargy metro are fared in key data: The percentage change in employment from peak employmenty to first quarter 2009 wasnegative 2.9 the percentage change in the unemploymengt rate from the first quarter 2008 to the same quarter in 2009 was 4.6 percent; the percentag e change in gross metropolitan product from peak GMP to first quartefr 2009 was negative 1.1 percent; and the real percent change in housing prices from first quarter 2008 to first quarter 2009 was 2 Four of the top five strongest performing according to the report, are in Texas. They are San Antonio, Houston and Dallas.
Oklahoma City was the other representative on the top five On theother hand, four of the five weakesr are in Florida. They are Tampa, Lakeland and Jacksonville. MetroMonitort determined that Detroit wasthe weakest-performing metroo in the country. The MetroMonitor, which will be released on a quarterlyg basis, bills itself as an interactiver barometer of the healthof America’s metropolitan economies and looks at nationa economic statistics to portray the diverse metropolitann trajectories of recession and recover across the country.
Thursday, July 5, 2012
Wednesday, July 4, 2012
Home prices gyrate across Raleigh-Durham ZIP codes - Triangle Business Journal:
batyushkinuxit.blogspot.com
And what may keep the home prices from escalating rapidly is the rising fear thatthe nation’zs home appraisal system is Citing a need for stricter regulation, lenders alreadyg want appraisers to be cautious when valuintg homes. And just like the penduluk shifts from one side to expect appraisers to take a conservativwe approach when coming to slapping a valudon homes. “The appraisal industry shares the blam e for themortgage meltdown,” says Stacey Anfindsen, who runs in “The industry already has to adhere to new rule that are being forced on us. Therr will be no more direc t contact between the appraisere andthe originator/processor that orderedc the appraisal.
We now have to deal with some appraisakl management company whonow (has) to be paid.” But therd are signs of hope that coulcd get Triangle home sales and home prices goingt north. Bank estimates suggestg that the number of homesd held under foreclosure by banksis dwindling. During the firsf quarter, banks held off on foreclosing due to pressure from the That mode has changed in the past couplewof months, as banks are beginning to clear theirf books by foreclosing on properties and getting rid of them privatelt or through the open market. Community banks generally are holderds of anequity line, not the original loan, says Jim president of Raleigh’s .
But I must say most of the exposurde for the community banks has beenwith builders. And theres may be more to come.” On May 26, the Federao Housing Finance Agency came out with a reportt that may further calm the fears of area According to theFHFA data, the Raleigh-Cary markety is the 51st strongest in the nation, baser on the annual changer in home prices. FHFA calculated the pricse change after analyzing purchas andrefinance data. In FHFA’s same list, the Durham-Chapepl Hill metro ranked 45th amongy 294metro areas.
And what may keep the home prices from escalating rapidly is the rising fear thatthe nation’zs home appraisal system is Citing a need for stricter regulation, lenders alreadyg want appraisers to be cautious when valuintg homes. And just like the penduluk shifts from one side to expect appraisers to take a conservativwe approach when coming to slapping a valudon homes. “The appraisal industry shares the blam e for themortgage meltdown,” says Stacey Anfindsen, who runs in “The industry already has to adhere to new rule that are being forced on us. Therr will be no more direc t contact between the appraisere andthe originator/processor that orderedc the appraisal.
We now have to deal with some appraisakl management company whonow (has) to be paid.” But therd are signs of hope that coulcd get Triangle home sales and home prices goingt north. Bank estimates suggestg that the number of homesd held under foreclosure by banksis dwindling. During the firsf quarter, banks held off on foreclosing due to pressure from the That mode has changed in the past couplewof months, as banks are beginning to clear theirf books by foreclosing on properties and getting rid of them privatelt or through the open market. Community banks generally are holderds of anequity line, not the original loan, says Jim president of Raleigh’s .
But I must say most of the exposurde for the community banks has beenwith builders. And theres may be more to come.” On May 26, the Federao Housing Finance Agency came out with a reportt that may further calm the fears of area According to theFHFA data, the Raleigh-Cary markety is the 51st strongest in the nation, baser on the annual changer in home prices. FHFA calculated the pricse change after analyzing purchas andrefinance data. In FHFA’s same list, the Durham-Chapepl Hill metro ranked 45th amongy 294metro areas.
Monday, July 2, 2012
EMI Classics Releases '50 Shades Of Classical Music' - Sacramento Bee
sucujovide.wordpress.com
EMI Classics Releases '50 Shades Of Classical Music' Sacramento Bee PRNewswire/ -- EMI Classics has released 50 Shades of Classical Music, a digital compilation containing 50 pieces of classical music inspired by the bestselling 'Fifty Shades of Grey' novels (please note that this compilation is not affiliated with ... |
Sunday, July 1, 2012
Doctors refuse to end strike - gulfnews.com
lyubomiradete.blogspot.com
South Asian News Agency | Doctors refuse to end strike gulfnews.com Karachi: The dispute between young doctors and the Punjab government continued on Sunday as the doctors refused to end their 14-day strike while the provincial government refused to negotiate unless this was done. The doctors of the Pakistan Army today ... YDA strike: Punj ab government to terminate doctors |
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