Archive for the “Today News” Category

Life Insurers Seek Money in the Banks - Insurance News Net (press release)

Life Insurers Seek Money in the Banks
Insurance News Net (press release),

Comments No Comments »

China Money: Market gears up for deflation - Reuters
SHANGHAI, Nov 19 (Reuters) - Months after coping with the highest inflation in more than a decade, China’s money market is gearing up for a fresh shock: deflation. The risk of consumer price inflation turning negative early next year looks set to

Gloucester gag - Daily Press
When she picks up the gavel and convenes meetings of the Gloucester County Board of Supervisors, Madam Chairman Teresa Altemus sends this message: I’m in charge. I can be counted on to do the county’s business properly. I can be trusted with county

TABLE-Indian money market inflows in NOVEMBER - Reuters India
Nov 19(Reuters) - Inflows into the Indian Money Market in November from interest payments and redemptions of government securities and treasury bills are estimated at 3721.6012 billion rupees The details of inflows are given below

Lawmakers press Paulson on bailout plan changes - Tulsa World
WASHINGTON — Faced with exasperated lawmakers upset by shifts in bailout strategy, Treasury Secretary Henry Paulson launched a spirited defense Tuesday of his handling of the $700 billion program and expressed fresh reservations about tapping the

Duped buyers to get back $11,495 lost in land deal - Arkansas On the web
LITTLE ROCK — Pat and Billy Mann will finally recoup the money they paid fugitive developer Wayne Watkins for land he didn’t really own. The Arkansas Real Estate Commission awarded the family $11,495.25 on Tuesday, marking the latest step in the

AUTOS: Massive Three automakers’ CEOs beg Congress for $25 billion - Atlanta Journal Constitution
Washington —- Detroit’s Massive Three automakers pleaded with Congress on Tuesday for a $25 billion lifeline to save the once-proud titans of U.S. industry, warning of a national economic catastrophe should they collapse. Millions of layoffs would

ESPN reaches deal to air BCS games from 2011-14 - Dayton Daily News
NEW YORK — Bowl Championship Series games are moving to ESPN, the latest high-profile sporting event to migrate from over-the-air TV to cable. BCS coordinator John Swofford is confident that fewer and fewer viewers make a distinction

Pickens’ wife proposes way to save wild horses - Missoulian
DALLAS - The wife of Texas oil tycoon T. Boone Pickens says she’ll create a refuge for wild horses, after the U.S. Bureau of Land Management announced it was considering euthanizing some of the animals. About 33,000 wild horses roam the open range

Pepsi Bottling Cuts Back - Forbes
A sales of soda and bottled water lose their fizz, Pepsi Bottling Group is trimming back its workforce to try and save money. Pepsi Bottling Group (nyse: PBG - news - people ), the largest bottler for PepsiCo (nyse: PEP - news - people ), announced

Lawyer: Michael Jackson might be too sick to travel - Napa Valley Register
Sheikh Abdulla bin Hamad Al Khalifa arrives at the High Court in London, Tuesday Nov. 18, 2008. The Sheikh, who is the son of an Arab monarch, has taken US singer Michael Jackson to court, charging that the King of Pop took $7 million (5.5 million

Comments No Comments »

MBAs Veer Off Path to Huge Finance Jobs - Wall Street Journal

Comments No Comments »

Panelists give students financial advice - Independent Florida Alligator
The Institute of Black Culture, the Institute of Hispanic–Latino Cultures and Off–Campus Life hosted “Where’s My Money At?”, a financial aid workshop featuring a panel on financial literacy. The panel advised students to invest their money and

Moneybookers Takes on Felix Leuschner to Drive Global Money Transfers - Marketwatch
As Moneybookers’ Director Global Money Transfer, Felix Leuschner will be responsible for advancing the growth of its peer-to-peer (P2P) money transfer business. While over half of Moneybookers’ five million account holders already use its payment

Paulson, Bernanke Face Grilling Over Bailout - Street.Com
WASHINGTON (AP) — The two top salesmen for a $700 billion financial bailout are in for a grilling by Capitol Hill lawmakers just one week after the administration officially ditched the original strategy behind the rescue. Federal Reserve Chairman

Stocks drop on financial job losses - Newsday
Wall Street completed sharply lower yesterday as investors pored over more signs of economic weakness, including a big round of layoffs in the financial sector. After a turbulent week that sent the Dow Jones industrials down nearly 340 points

President-elect Obama, McCain to work closely - Times-Republican
WASHINGTON - The senator overseeing President-elect Barack Obama’s swearing-in ceremony introduced legislation Monday to criminalize scalping tickets to the historic event. House offices swamped with demand were being limited to just 198 tickets

Big Three bailout slow to materialize - Baltimore Sun
WASHINGTON - Senate Democrats are proposing to deny bonuses to U.S. auto executives making more than $250,000 a year in exchange for giving the firms and their suppliers $25 billion in loans from the $700 billion Wall Street bailout. The companies

Japan warns of long slump - Reuters
TOKYO (Reuters) - Japan’s recession could last even longer than feared, the country’s economy minister warned on Tuesday, and reflecting increasing efforts by governments to provide a cushion against a global downturn, Taiwan stated it would give its

Japan Hot Stocks-Mazda, defensive stocks, Sumitomo Corp - CNBC
TOKYO, Nov 18 (Reuters) - The benchmark Nikkei average fell 1.9 percent and the broader TOPIX shed 1.2 percent as of 0544 GMT on Tuesday. The following stocks were on the move: **MAZDA MOTOR JUMPS AFTER REPORT FORD MAY SELL STAKE** Shares of Mazda

Sands Has `All the Money’ Needed for Singapore Casino (Update1) - Bloomberg
Nov. 18 (Bloomberg) — Las Vegas Sands Corp. has enough money to finish Singapore’s first casino without help from the city-state’s government or billionaire Kwek Leng Beng after the company raised $2.1 billion, President William Weidner stated. Parts

Editorial: Monitoring the bailout - Salisbury Post
Imagine, for a moment, that someone hits you up for a hefty business loan. “What kind of collateral am I getting?” you ask. “Can’t tell you, but you might get your money back eventually. Or maybe not.” “Exactly where is this money going?” “Can’t give

Comments No Comments »

Genworth in deal to purchase bank, seeks TARP money - Reuters


Dividend.com

Comments No Comments »

German finance minister rules out auto industry aid - AFP


Maktoob Business (press release)

Comments No Comments »

Justice Department Requires Divestiture In InBev’s Acquisition of - Earthtimes
WASHINGTON , Nov. 14 /PRNewswire-USNewswire/ — The Department of Justice announced this day that it will require InBev N.V./S.A. to divest subsidiary Labatt USA, along with a license to brew, market, promote and sell Labatt brand beer for consumption

White Home seeks swift release of $25B in loans to automakers - NBC 13
WASHINGTON (AP) - The White House is throwing support behind a plan to speed release of $25 billion in loans to troubled automakers but is rejecting a Democratic proposal to use money from a financial bailout for vehicle companies. Spokeswoman Dana

Russia’s Medvedev calls for talks with Obama - MSNBC
WASHINGTON - Russian President Dmitry Medvedev called Saturday for speaks with Barack Obama as soon as possible after the U.S. president-elect takes the oath of office. On his first visit to the United Says since becoming Russia’s president in May

Rafferty bill will save police departments money - Mercury
No comments posted. HARRISBURG — A bill sponsored by state Sen. John Rafferty Jr., R-44th Dist., to reduce the number of inspections for equipment used by police officers to catch speeders will save taxpayers hundreds of thousands of dollars each

Handmade quilts raise money in support of cancer research - Calgary Herald
Volunteers for Quilt and Wellspring Calgary pulled together to piece together a beautiful array of handmade quilts, donated to raise money for cancer support. The event took place on Nov. 6. This year the collection included 92 one-of-a-kind pieces donated

Paulson’s bailout blues - Las Vegas Sun
President George W. Bush has been largely silent on the $700 billion bailout bill that he signed Oct. 3. He has given Treasury Secretary Henry Paulson all the power over the money, even though the frightening economic forecast calls for leadership

Yankees fan LeBron James campaigning for CC Sabathia - Seattle Times
CLEVELAND — LeBron James is convinced CC Sabathia will end up in pinstripes. The Cleveland Cavaliers superstar and New York Yankees fan wants his favorite baseball team to land Sabathia, the top starting pitcher in this year’s free-agent class. The

World leaders at economic summit vow to cooperate - Journal Times
WASHINGTON - President George W. Bush underscored how dire the economic crisis has become when he told world leaders that he had concurred to a $700 billion rescue plan for financial institutions only after he’d learned the U.S. was at risk of sinking

Show Mike the money! - Toronto Sun
When I took the reins of the Sun’s Variety Village Christmas Fund, I shopped around for exciting money-raising gimmicks. After all, the late great George Gross drummed up a measly $1 million doing it his way for three decades. Peanuts, I said

Abercrombie faces Hawaii campaign funding challenge - Honolulu Advertiser
U.S. Rep. Neil Abercrombie, who is thinking about running for governor in 2010, has a potential $1.2 million challenge. The Hawai’i Democrat has the money left over in his congressional campaign account, but under state law, he’s unable to transfer

Comments No Comments »

Pakistan lands $7.6-billion loan from IMF - Globe and Mail
KARACHI — Pakistan has concurred with the International Monetary Fund (IMF) on a $7.6-billion emergency loan to stave off a balance of payments crisis and pave the way for a broader economic rescue plan. The IMF said on Saturday its executive board

Government blamed for automobile dealers crisis - West Online
The lack of available finance for car dealers is due to the federal government’s bungled bank deposit scheme, the opposition says. The Rudd government has offered an extra $3.2 billion to the ailing automobile making industry as an extension to a 13-year

Tesco bank chief Higgins raids crisis-hit rivals to fill top positions - Scotsman.com
BENNY Higgins, the new chief executive of Tesco Personal Finance, has poached senior names from crisis-hit Royal Bank of Scotland and HBOS, his former employers, with more expected to follow. As the meltdown at the big two Scottish banks continues

World leaders agree to step up financial oversight - FXStreet.com
WASHINGTON, Nov 15 (Reuters) - Leaders of the world’s 20 largest economies vowed on Saturday to toughen oversight of the troubled financial system, but stopped short of calling for a global super-regulator or new restrictions on hedge funds. At an

New powers for Revenue to investigate landlords - Sunday Business Post
The Revenue Commissioners are to receive major new powers to investigate the tax compliance of the country’s 120,000 landlords. Legislation is being drafted to give the Revenue full access to the database of the Private Residential Tenancies Board

G20 source: leaders to agree on action plan - WJLA
The official stated leaders are close to giving their approval to the draft statement. He declined to be identified before the text is formally adopted. The text is divided into two parts. A five-page document of principles calls for intensified

Freddie Mac Seeks Government Aid After $25.3B Loss - Washington Post
Resize Freddie Mac has asked the federal government for the first $14 billion due under a federal bailout program after reporting big losses today, as concern mounted that government efforts to stabilize the mortgage giant and its sister company

Poland: Sarkozy to have no influence on missile shield talks - Earthtimes
Warsaw - Polish Prime Minister Donald Tusk said Saturday that the establishment of the US missile shield in his country was solely of concern to Poland and the United States. French President Nicolas Sarkozy, who currently holds the rotating

High earners will face 3% income levy - Sunday Business Post
A new 3 per cent income levy for high earners, along with wide-ranging enhancements to the tax regime for research and development (R&D), will be among the headline measures in this week’s Finance Bill. The bill, which brings into effect measures

Small change - The Washington Times
We’ll likely see a lot of political “readjustments” come January, once President-elect Barack Obama and many new Democratic congressmen assume office, and the Republican administration leaves. Take the filibuster. For much of the Bush

Comments No Comments »

Gordon requests money from federal bailout - Arizona Republic


WCBD

Comments No Comments »

Even seven-year-olds get Type 2 diabetes - New Straits Times
KUALA LUMPUR: Malaysian children, as young as seven are developing Type 2 diabetes, thanks to a couch-potato lifestyle and gorging on high caloric food. Type 2 diabetes used to be seen only in adults over 45. Hospital Putrajaya, the referral hospital

Mortgage rates drop for second week - Baltimore Sun
WASHINGTON Mortgage rates dropped for a second straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac , the mortgage giant, reported yesterday that rates on 30-year, fixed-rate mortgages averaged 6.14

Some coastal Texas residents still virtually homeless 2 months after - Daily Press
OAK ISLAND, Texas (AP) _ Truong Van Cao and two other fishermen share a cramped, muddy tent amid the wreckage of homes, including his own, destroyed when Hurricane Ike stormed across this little Southeast Texas town. Seventy miles to the northeast

Housing opens for single enlisted sailors - Navy Times
NORFOLK, Va.—Housing for some of the Navy’s youngest sailors opened here Friday, allowing the unwinding of a tradition where a ship in port is still a sailor’s home. Under the Homeport Ashore Initiative, the Navy has teamed up with civilian

Pace of home losses picks up - Cincinnati.com
More than 279,500 U.S. homes received at least one foreclosure-related notice in October, an increase of 5 percent over September, according to RealtyTrac Inc. One in each 452 housing units received a foreclosure filing, such as a default notice

Banking Executives Defend Dividends, Bonuses - RTT News
(RTTNews) - Representatives of four major banks receiving a federal capital investment defended their executive pay practices and pledged not to use those funds to pay investor dividends Thursday. Talking before the Senate Banking, Housing and Urban

Former housing minister demands apology from Trinidad PM - Caribbean Net News
PORT OF SPAIN, Trinidad: Sacked Trinidad and Tobago Housing Minister, Keith Rowley is demanding an immediate apology from Prime Minister Patrick Manning on the Parliament Floor for misleading the House on a $10 million housing project issue. At a

Major Losses for Westmont Faculty Housing - Santa Barbara Independent
del.icio.us. Independent reporter Chris Meagher reported from Westmont Road, where many Westmont College professors and faculty live with their families. The neighborhood is called Las Barrancas, and Dave Wolf, the college’s men’s and women’s

Federal mortgage aid effort called inadequate by lenders - Tulsa World
ATLANTA — Hundreds of lenders told federal housing officials Thursday that a $300 billion mortgage aid program requires too many losses for consumers and lenders to realistically help 400,000 Americans avoid foreclosure. “This program is extremely

David Parkes - Guardian Unlimited
Residential architect who was in at the start of Britain’s sheltered housing programme David Parkes, who has died aged 77, was an architect whose unusual strengths were far from those of today’s “starchitects”. A believer in team-work and with a

Comments No Comments »