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Cash Advance News Mar 2009

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De la Paz attempts to raise P5M
Former police comptroller Eliseo de la Paz is trying to raise at least P5 million to repay the P6.9-million cash advance he withdrew from the Philippine National Police’s coffers in October, his lawyer said Saturday. (Sun, 01 Mar 2009 05:19:00 GMT)

Takeover bid sends message Agrium is here to stay: analyst
As virtually every Canadian resource company cuts capital spending and tries to preserve cash, Agrium Inc. is attempting something the Canadian industry has not seen in a long time: a multi-billion-dollar international hostile takeover. (Sun, 01 Mar 2009 05:30:41 GMT)

Cougars advance with win over Verdigris
Keys captures regional consolation championship. (Sun, 01 Mar 2009 06:19:49 GMT)

Police hunt card forger
The Ottawa Police Service is asking for the public's help identifying a woman who attempted to get a cash advance using a forged credit card at the Bank of Montreal at 160 Elgin St. Feb. 6. (Sun, 01 Mar 2009 06:27:18 GMT)

Election about clout, not cash
Topeka's mayor makes a mere $20,000 a year. Yet five people ranging in age from 28 to 78 are seeking the job in Tuesday's municipal primary election. (Sun, 01 Mar 2009 07:39:16 GMT)

Tax-refund advances offer quick cash, at a hefty rate
It seemed like a small price to pay to Keisha Scott, especially since the tax refund she expected in return was to be so much larger. (Sun, 01 Mar 2009 07:55:15 GMT)

Do your homework to cash in on gold
Do you have an old gold necklace or bracelet that you haven't worn for years? And do you have a utility bill or loan payment coming due and you're wondering how you're going to pay it? (Sun, 01 Mar 2009 08:21:18 GMT)

Takeover bid sends message Agrium is here to stay: analyst
As virtually every Canadian resource company cuts capital spending and tries to preserve cash, Agrium Inc. is attempting something the Canadian industry has not seen in a long time: a multi-billion-dollar international hostile takeover. (Sun, 01 Mar 2009 09:24:56 GMT)

Zoroastrian Association of North Texas 20th Anniversary and Norooz
The Zoroastrian Association of North Texas (ZANT) will celebrate Norooz, the Persian New Year, and their 20th anniversary on Saturday March 21 in Dallas. ZANT was established in 1989 to nurture, advance, and promote the religious, social and cultural aspects of Zoroastrian faith. (Sun, 01 Mar 2009 19:41:06 GMT)

PerkinElmer Expands Presence in Asia, Opens New Center of Excellence in Singapore
As part of its expanding commitment to helping advance drug discovery and life sciences research in Asia, PerkinElmer, Inc. , a global leader focused on the health and safety of people and the environment, announced the inauguration of a new Center of Excellence (COE) in Singapore today, at a special event at the world-renowned A*STAR Biopolis research complex. (Mon, 02 Mar 2009 00:21:49 GMT)

India Maintains Its Sense of Optimism and Growth
Some say the country?s bureaucracy and its protectionist polices have kept it insulated from the fallout of the global downturn. (Mon, 02 Mar 2009 02:21:01 GMT)

Check 'n Go Not Affected By National Credit Crunch
In light of the national credit crunch Check 'n Go, a leading payday loan provider, offers borrowing options without a credit check. Thus, Check 'n Go products do not affect a consumer's credit score. (Mon, 02 Mar 2009 07:01:00 GMT)

Gold Broker: "Cash For Gold" Industry Needs Regulation
San Diego jewelry broker Brett Barrad says that it's time for the government to take steps to crack down on predatory and unfair practices by many "cash for gold" firms, just as they imposed stricter regulations on "payday loan" services with outlandish interest rates. (Mon, 02 Mar 2009 07:01:00 GMT)

Uganda: KCC FC Agrees to 'Sell' CAF Match
Kampala — CASH-STRAPPED KCC have agreed to give up their right to collect money at the gates when they take on SuperSport United next week in exchange for sh25m. (Mon, 02 Mar 2009 07:13:41 GMT)

Thailand Outlook Channel
The Election Commission insists that it is not trying to buy time in investigating the alleged illegal cash handout by Deputy Interior Minister Boonjong Wongtrairat. The commission said the case is in progress and the accused and some witnesses will be invited to testify. (Mon, 02 Mar 2009 09:04:35 GMT)

New manager has big plans for golf courses
When Steve Jablonowski was hired as general manager of the Golf Courses of Kenton County, officials expressed hope that his extensive experience in public golf courses would improve the cash flow in the county's golf operations. (Mon, 02 Mar 2009 10:24:48 GMT)

Targeted Genetics Provides Business Update and Announces Extended Cash Horizon
Targeted Genetics Corporation today announced the continuation of a product-focused realignment strategy that includes a renegotiation of its relationship with Celladon Corporation and the transfer of its Adeno-Associated Viral vector manufacturing know-how to contract manufacturing organizations. (Mon, 02 Mar 2009 12:30:00 GMT)

Takeover bid sends message Agrium is here to stay: analyst
As virtually every Canadian resource company cuts capital spending and tries to preserve cash, Agrium Inc. is attempting something the Canadian industry has not seen in a long time: a multi-billion-dollar international hostile takeover. (Mon, 02 Mar 2009 12:33:33 GMT)

Rockford Chamber's Expo 2009 is 'must attend'
This year's event will include over 170 area businesses, local celebrity appearances, entertainment, and four $500 cash giveaways. (Mon, 02 Mar 2009 17:12:44 GMT)

Lawyers ask Surpreme Court for credit expansion
The Arizona Supreme Court is being asked to amend the ethics rules to allow attorneys to take credit cards in more kinds of situations. A proposal by the Arizona State Bar would let lawyers accept credit card payments for advance fees and retainers. (Mon, 02 Mar 2009 17:49:55 GMT)

2009 Business Expo
Businesses can cash in with new customers at the annual Harrison Daily Times Business Expo set for Friday and Saturday, March 13-14. Booth spaces have continued to sell out each year and participants leave with the satisfaction of advertising dollars being well spent. (Mon, 02 Mar 2009 18:13:55 GMT)

B.C. moves to regulate payday loan companies
The B.C. government is moving to protect the province's most financially vulnerable people by capping interest rates and fees from payday lenders at 23 per cent of the principle borrowed. (Mon, 02 Mar 2009 19:45:35 GMT)

Government sets limits on charges by "pay day" loan companies
The B.C. government set limits on payday loan companies today that places it roughly in the middle of the pack among Canadian provinces with similar rules. (Mon, 02 Mar 2009 20:19:46 GMT)

B.C. moves to regulate payday loan companies
The B.C. government is moving to protect the province's most financially vulnerable people by capping interest rates and fees from payday lenders at 23 per cent of the principle borrowed. (Mon, 02 Mar 2009 20:35:01 GMT)

Cap payday lenders, report urges
Ontario payday loan companies, vilified by critics as loan sharks who prey on the poor and charge astronomical interest rates, should only be allowed to charge $21 on every $100 loaned, says a group studying the issue for the provincial government. (Mon, 02 Mar 2009 20:52:11 GMT)

Payday loan firm settles lawsuit
EDMONTON -- Payday loan provider Cash Store Financial Services Inc. announced late yesterday it will set up a fund to settle a class-action lawsuit filed in Ontario regarding the fees and interest it charged customers. (Mon, 02 Mar 2009 20:52:21 GMT)

B.C. to limit charges by payday loan companies
The B.C. government set limits on payday loan companies Monday that places it roughly in the middle of the pack among provinces with similar rules. (Mon, 02 Mar 2009 21:05:56 GMT)

Canadian Payday Loan Association Will Continue to Work With Government to Protect Payday Loan Consumers Under New Fee ...
HAMILTON, ONTARIO-- - The Canadian Payday Loan Association today said the new government-instituted cap on payday loans will protect consumers from unscrupulous lenders while still allowing consumers to access payday loans as a needed and valued financial tool. (Mon, 02 Mar 2009 21:23:31 GMT)

B.C. to limit charges by payday loan companies
The B.C. government set limits on payday loan companies Monday that places it roughly in the middle of the pack among provinces with similar rules. (Mon, 02 Mar 2009 21:42:15 GMT)

B.C. moves to regulate payday loan companies to better protect consumers
VICTORIA, B.C. - The B.C. government says it's moving to protect financially vulnerable people by capping interest rates and fees from payday lenders at 23 per cent of the principle borrowed. (Mon, 02 Mar 2009 22:09:00 GMT)

B.C. moves to regulate payday loan companies to better protect consumers
VICTORIA, B.C. - The B.C. government says it's moving to protect financially vulnerable people by capping interest rates and fees from payday (Mon, 02 Mar 2009 22:29:10 GMT)

Weston passes ordinance to charge for viewing public documents
Residents who come to City Hall requesting public documents might have to ante up some cash - before they even see the paperwork. (Tue, 03 Mar 2009 02:16:01 GMT)

House panel rejects payday loan substitute
 State lawmakers derailed — at least temporarily — a proposal that would replace payday lending with another type of high-interest loan. (Tue, 03 Mar 2009 02:29:13 GMT)

Payday Loan Risks and Alternatives
Payday lenders are a growing industry throughout Wisconsin. There are currently more than 500 registered payday lenders registered in Wisconsin, up from only 64 in 1996 and 202 in 2002. In Oshkosh alone there are now twelve registered payday lenders. (Tue, 03 Mar 2009 02:47:25 GMT)

Bad Economy Spurs Increased Personal Savings Rate
The government announced this week that the personal savings rate surged to five percent in January. Look at this chart to see the trend . Savings jumped to an annual rate of $545.5 billion, the highest level since monthly records began in 1959. The saving rate surged to 5 percent in January, the biggest advance since March 1995, as households uncertain about the economy prefer to conserve their ... (Tue, 03 Mar 2009 05:13:10 GMT)

Excise tax for ferries resurfaces
Strapped for cash, policymakers are weighing whether to reinstate a vehicle tab tax to help pay for ferry operations in Washington state. (Tue, 03 Mar 2009 05:48:40 GMT)

‘Euro general’ beats the deadline, pays up
Retired Gen. Eliseo de la Paz yesterday paid at least P4.4 million to the Police Finance Service, beating the deadline to return the 105,000 euros (P6.9 million) in intelligence funds he obtained as cash advance for a police delegation to the 77th Interpol summit held in Russia October last year. (Tue, 03 Mar 2009 06:14:56 GMT)

Payday-loan rates to be capped - at annual rate of 600 per cent
The payday-loan industry will find the interest it charges capped in British Columbia this fall - to what works out to be an annual rate of 600 per cent.The full cost of borrowing will be posted for consumers to see when they walk into a payday-loan storefront in B.C. starting in November. It will be displayed on the desk where they sign a contract, and it will be disclosed in the contract ... (Tue, 03 Mar 2009 08:07:46 GMT)

Indian cash rates unchanged; funds abundant
MUMBAI, March 3 (Reuters) - Indian overnight cash rates were steady near 4 percent for a seventh straight session on Tuesday on sufficient cash in the banking system. (Tue, 03 Mar 2009 08:09:03 GMT)

Advance-fee loan fraud cases surging
Dear Action Line: Regular loans are almost impossible to find, and now I receive an e-mail from FairView Financial Services of Wells, Maine, offering one. It wants an "insurance payment" on a loan I never applied for. They want $450. I ignored the first one but have received a second. (Tue, 03 Mar 2009 08:35:13 GMT)

Belina helps Schuyler easily advance
When a basketball player is hot, it is hard not to notice. (Tue, 03 Mar 2009 11:34:00 GMT)

Cash advance for park and ride
An extra £5m is to be spent this year developing park and ride projects in the West of Scotland. (Tue, 03 Mar 2009 11:58:40 GMT)

Canada’s Dollar Rises From Three-Month Low as Stocks Advance
March 3 (Bloomberg) -- Canada’s currency climbed from a three-month low as stocks and currencies of commodity producing nations rebounded and the Bank of Canada prepared to meet on interest rates. (Tue, 03 Mar 2009 14:20:03 GMT)

Naftogaz has cash for Russian gas, Fitch worried
* Naftogaz says will pay for Russian gas on time (Tue, 03 Mar 2009 15:14:07 GMT)

Naftogaz has cash for Russian gas, Fitch worried
* Naftogaz says will pay for Russian gas on time (Tue, 03 Mar 2009 15:14:07 GMT)

Paying the price for being disloyal
EFTPOS cash withdrawals at supermarkets are still free, but since yesterday use of ATMs not belonging to your bank will take a bit of research if you don't want to end up slugged a $2 fee for a transaction the Reserve Bank estimates costs banks 10c to process. (Tue, 03 Mar 2009 15:46:55 GMT)

Backstage: Briefly, On Apple’s March 2009 Mac Desktop Lineup
I’ve been waiting for this day for two years. Yet I may be waiting a little bit longer. As much as Apple has benefitted from its relationship with Intel, and it certainly has, it’s obvious that Apple would rather not have specs for its upcoming CPUs published a year or two in advance of their release. Intel does this as a matter of course, openly discussing its roadmaps and thereby giving the ... (Tue, 03 Mar 2009 16:33:40 GMT)

Company leaves local Chamber in dark about CertifiChecks
No advance warning given to chambers who use program. By TJ HEMLINGER Staff Writer The company that backs CertifiChecks has ceased operations, leaving businesses and individuals in the dark as to how to get compensation. (Tue, 03 Mar 2009 16:58:52 GMT)

Lawmakers have no interest in cutting payday loan rates
Does allowing 100 percent annual interest on a loan sound too high? It actually sounded far too low to Republicans on the House Business and Labor Committee. (Tue, 03 Mar 2009 17:24:57 GMT)

Delphi and GM Amend GM Advance Agreement to Increase Delphi Liquidity
Delphi Corp. today announced several agreements reached between Delphi and General Motors Corporation (GM) in order to supplement Delphi's liquidity position and to substantially complete Delphi's portfolio transformation through the sale of Delphi's global Steering business. The sale of the Steering business is a strategic component of Delphi's transformation strategy, which was announced in ... (Tue, 03 Mar 2009 19:11:00 GMT)

GM to Speed Payments to Delphi, Buy Parts Factory (Update1)
March 3 (Bloomberg) -- General Motors Corp. said it will speed up payment of an additional $150 million in cash and buy a steering-parts plant from its former unit Delphi Corp. to help the supplier exit bankruptcy. (Tue, 03 Mar 2009 20:44:34 GMT)

(WWE) Major Backstage WWE Changes, WrestleMania Updates, More
In a cost cutting measure, WWE is no longer allowing wrestlers to get "draws" from producers on the road. It was a long standing tradition for wrestlers to get a cash advance to help their expenses on the road, which would then later be deducted from their paychecks. (Tue, 03 Mar 2009 21:14:42 GMT)

Vertex Pharmaceuticals Strengthens HCV Drug Development Portfolio, Adds Novel Polymerase Inhibitors to Shape New ...
Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX), which is developing the hepatitis C virus (HCV) protease inhibitor telaprevir, will add two polymerase inhibitors to its HCV drug development portfolio through a definitive agreement to acquire privately-held ViroChem Pharma Inc. in a stock and cash transaction. With the addition of these compounds, Vertex will advance its strategy to pursue ... (Tue, 03 Mar 2009 22:22:15 GMT)

Cash advance store is robbed
JAMES ISLAND — A man robbed First American Cash Advance employees on Folly Road at closing time Monday night and got away with more than $6,000. (Wed, 04 Mar 2009 06:26:26 GMT)

GM accelerates payment, buys plant from Delphi
General Motors Corp. said it will speed up payment of an additional $150-million (U.S.) in cash and buy a steering-parts plant from its former unit Delphi Corp. to help the supplier exit bankruptcy. The increase of the cash advance to $450-million from $300-million and the purchase of the Saginaw, Mich., factory will give Delphi enough liquidity to operate into May, the companies said yesterday. ... (Wed, 04 Mar 2009 08:55:00 GMT)

U.S. Stock-Index Futures Advance; Alcoa, Barrick Rise in Europe
March 4 (Bloomberg) -- U.S. stock futures gained, indicating the Standard & Poor’s 500 Index will rebound from a 12-year low, as investors speculated China may step up stimulus measures and higher metals and oil lifted commodity producers. (Wed, 04 Mar 2009 12:08:29 GMT)

Indian cash rates flat as funds ample
(Updates to close) (Wed, 04 Mar 2009 12:12:19 GMT)

Public must demand tough payday lending bill
WHILE S.C. HOUSE members rolled out the red carpet for payday lenders by hurriedly approving a bill that does little to rein in legalized loan sharking, the Senate must not be so accommodating. (Wed, 04 Mar 2009 13:29:05 GMT)

German Stocks Gain; Adidas, Allianz, Steelmakers Lead Advance
March 4 (Bloomberg) -- German stocks gained for the first time in four days on optimism governments will step up efforts to stimulate the battered global economy. (Wed, 04 Mar 2009 14:15:12 GMT)

SCORE: Get to know your cash flow
 Just as watching your blood pressure is important to your personal health, monitoring cash flow is vital to the well-being of your business. Minor "hiccups" may be expected, but they can also be an early warning of bigger, potentially chronic proble (Wed, 04 Mar 2009 16:15:20 GMT)

Uncapped year may mean less money for free agents
For years, NFL players have been dreaming of the "uncapped year," the final season under the labor agreement that was engineered to create a strong incentive to get a deal done well in advance of the expiration of the contract. (Wed, 04 Mar 2009 16:46:21 GMT)

Germany’s DAX Index Climbs Most in Three Months; Allianz Gains
March 4 (Bloomberg) -- German stocks rallied, sending the DAX Index to its biggest advance in almost three months, on speculation that China and other countries will step up efforts to revive the global economy. (Wed, 04 Mar 2009 17:29:57 GMT)

Retailers anticipate new interest rule
U.S. retailers are pulling away from deferred interest programs in advance of a federal rule change, the National Retail Federation said.The rule change, which goes into effect July 2010, involves deferred interest provisions in transactions frequently advertised as no interest, or same as cash transactions, USA Today reported Wednesday.In the common vernacular, these deals are written in fine ... (Wed, 04 Mar 2009 19:23:33 GMT)

Payday loan rates capped
others also read... Starting in November, payday loan companies in B.C. will have to be licensed and limit their charges on a short-term loan to 23 per cent. (Wed, 04 Mar 2009 19:49:58 GMT)

Ford Moves to Restructure Its Debt
The Ford Motor Company said Wednesday afternoon that it intended to eliminate as much as $10.4 billion in debt by giving cash and shares of its stock to creditors, The New York Times’s Nick Bunkley and Bill Vlasic report from Detroit. (Wed, 04 Mar 2009 22:54:27 GMT)

Ford Finds Dilution A Better Idea Than Bailout
Plan to swap cash and stock with bondholders comes as rivals turn to Washington for support. (Wed, 04 Mar 2009 23:13:08 GMT)

Ford moves to restructure debt
The automaker said that it would eliminate up to $10.4 billion of its debt by offering debt holders cash and stock instead. (Thu, 05 Mar 2009 00:55:05 GMT)

Payday loan debate begins
Legislators heard from supporters and opponents of the payday lending industry Wednesday as a panel took up legislation that could impose new regulations. "We can't simply pass a bill and call it reform," Sen. Joel Lourie, D-Columbia, said. "It's got be comprehensive, and it's got to protect consumers. ... I think we've got to hold the industry accountable to the purpose that they allege to ... (Thu, 05 Mar 2009 05:39:06 GMT)

More Americans Turn to Tax Refund Loans to Pay Monthly Bills
March 5 (Bloomberg) -- When Amy Davis stepped into an H&R Block office in Greenwood, Mississippi, for an advance on her tax refund, it had been three weeks since her last paycheck. (Thu, 05 Mar 2009 05:42:30 GMT)

Operator of Staten Island building for assisted living faces bankruptcy
Advance file photoWhile the operator of Sunrise Senior Living Inc. is facing potential bankruptcy, residents who live in the Sunrise facility on Grymes Hill, pictured above, should not expect any changes. Sunrise Senior Living Inc. is beset with cash-flow problems... (Thu, 05 Mar 2009 07:17:57 GMT)

Clearstream introduces same day cash service for Asia Pacific currencies
Clearstream, the International Central Securities Depositary (ICSD) part of Deutsche Börse Group, is the first ICSD to offer same day currency ... (Thu, 05 Mar 2009 10:24:41 GMT)

PhillyDeals: With borrowed cash, Philadelphia stages stimulus
Cash-strapped Philadelphia is using borrowed money from past bond issues to patch together its own economic-stimulus package.Today, Mayor Nutter goes to Northeast Philadelphia to launch an expanded version of the two-year-old "Home-Buy-Now" program. The city will give 300 home buyers up to $5,000 each, if their employers give just as much, doubling the grants, says Commerce Director Andrew Altman. (Thu, 05 Mar 2009 12:31:15 GMT)

India cash rate at 11-month low after rate cut
(Updates to close) (Thu, 05 Mar 2009 12:57:41 GMT)

India cash rate at 11-month low after rate cut
(Updates to close) (Thu, 05 Mar 2009 12:57:41 GMT)

Top court refuses to hear payday loan case
The payday loan industry took a major hit Thursday when the Supreme Court of Canada rejected a bid to review a case that could have quashed lawsuits against high-interest lending companies. (Thu, 05 Mar 2009 15:46:39 GMT)

More Americans Turn to Tax Refund Loans to Pay Monthly Bills
March 5 (Bloomberg) -- When Amy Davis stepped into an H&R Block office in Greenwood, Mississippi, for an advance on her tax refund, it had been three weeks since her last paycheck. (Thu, 05 Mar 2009 16:29:43 GMT)

Supreme Court refuses to hear payday loan case
Court rejects a bid to review a case that could have quashed lawsuits against the high-interest lending companies (Thu, 05 Mar 2009 17:32:28 GMT)

Top court refuses to hear payday loan case
The payday loan industry took a major hit Thursday when the Supreme Court of Canada rejected a bid to review a case that could have quashed lawsuits against high-interest lending companies. (Thu, 05 Mar 2009 18:47:42 GMT)

Senate puts off vote on spending bill until next week
WASHINGTON — The Senate has put off until next week a final vote on a $410 billion catchall spending bill. Senate Majority Leader Harry Reid says he is one vote short of the 60 votes needed to advance the measure. (Fri, 06 Mar 2009 02:35:50 GMT)

Takeover bid sends message Agrium is here to stay: analyst
As virtually every Canadian resource company cuts capital spending and tries to preserve cash, Agrium Inc. is attempting something the Canadian industry has not seen in a long time: a multi-billion-dollar international hostile takeover. (Fri, 06 Mar 2009 04:18:34 GMT)

A Slight Check on the Payday Loan Industry
The General Assembly put the usurious payday lending industry on notice that it will not tolerate the industry’s tactics in making high-interest loans available to those least able to pay the interest rates. The interest rates on many of those short-term loans approach 400 percent on an annual basis. (Fri, 06 Mar 2009 05:01:37 GMT)

Hot shooting helps Lady Indians advance
Sequoyah is now two games away from the state tournament. (Fri, 06 Mar 2009 05:34:39 GMT)

News in Northeastern Wisconsin
More than 20 Ashwaubenon restaurants will provide samples from their menus at the annual Taste of Ashwaubenon from 6 to 10:30 p.m. March 18. Tickets are $20 in advance or $25 at the door. A cash bar will be available. (Fri, 06 Mar 2009 10:09:36 GMT)

Easy money from payday loan stores yield big problems
The slow economy has people increasingly turning to payday loan stores to help make ends meet. (Fri, 06 Mar 2009 10:11:56 GMT)

Josef Fritzl family to get cash windfall from TV interview
Elisabeth Fritzl the daughter of Josef Fritzl and family are set to receive a cash windfall to help them start a new life after reaching an extraordinary agreement with the estate of her father Josef. (Fri, 06 Mar 2009 12:18:51 GMT)

U.K. 10-Year Gilts Soar, Set for Biggest Weekly Gain Since 1992
March 6 (Bloomberg) -- U.K. 10-year government bonds surged, extending yesterday’s gain, after the Bank of England’s said it plans to buy medium- and long-maturity gilts to inject cash into the struggling economy. (Fri, 06 Mar 2009 12:22:59 GMT)

Lowest gas price on Staten Island -- Friday, March 6, 2009
The lowest cash price on Staten Island this morning can be found at the Liberty station at Victory Boulevard and Willowbrook Road in Willowbrook. The station has a listed price of $2.01 per gallon of unleaded regular, according to NewYorkGasPrices.com.... (Fri, 06 Mar 2009 14:02:57 GMT)

U.S. Stocks Pare Gain as Technology Slump Offsets Jobs Report
March 6 (Bloomberg) -- U.S. stocks pared their advance as JPMorgan Chase & Co. cut estimates for Apple Inc., offsetting gains following government data showing the rate of American job losses slowed in February. (Fri, 06 Mar 2009 15:38:20 GMT)

MIT Clean Energy Prize Semifinalists Advance to Next Round of Competition
BOSTON----The MIT Clean Energy Prize today announced that 25 student teams selected from over one hundred entries representing 40 colleges and universities from across the country will compete in the next round of the competition. (Fri, 06 Mar 2009 16:02:00 GMT)

IT stocks advance on attractive valuation
Mumbai, March 6 Majority of IT shares moved up on Friday, with investors picking up these stocks for their attractive valuations in a falling market as compared to other sectors. (Fri, 06 Mar 2009 18:13:11 GMT)

The Cash Store Australia Holdings Inc. completes merger with Bubbee Ventures Inc.
The Cash Store Australia Holdings Inc. is pleased to announce that it has completed its previously announced amalgamation with Bubbee Ventures Inc. under the provisions of the Business Corporations Act . (Fri, 06 Mar 2009 21:30:00 GMT)

Payday lender might leave Virginia
Virginia’s modest clampdown on payday lending may claim its first big casualty. Mason Ohio-based Check ‘n Go yesterday said it could scale back or pull out of Virginia altogether because of pending restrictions and the recession. Check ‘n Go operates 68 money stores, employing about 100 people. The company has about 12 outlets in the Richmond area. (Fri, 06 Mar 2009 23:27:21 GMT)

Questions of Cash: 'Abbey failed to act promptly to fraud'
Q. On 10 November £15,000 was transferred from my account to another account that was nothing to do with me. On the same day, £11,980 was paid from my account to a "Barbara". This was also not sanctioned by me. Both transactions were conducted online and were fraudulent. I spoke to the fraud section of my bank, Abbey, which informed me the money would be replaced in seven to 14 days. I was ... (Sat, 07 Mar 2009 00:17:05 GMT)

Police: Suspect Robs Paycheck Advance
Lincoln Police are searching for an armed robbery suspect they believe may be linked to past crimes around the Capital City. (Sat, 07 Mar 2009 05:03:10 GMT)

Recession, new rules may force payday lender to leave Va.
Virginia’s modest clampdown on payday lending may claim its first big casualty. Mason, Ohio-based Check ‘n Go yesterday said that it could scale back or pull out of Virginia altogether because of pending restrictions and the recession. Check ‘n Go operates 68 money stores, employing about 100 people. The company has about 12 outlets in the Richmond area. (Sat, 07 Mar 2009 05:08:29 GMT)

Payday-lending stores ask for 10-year freeze
FRANKFORT A Senate committee tacked a 10-year moratorium on new payday-lending stores onto a proposal Friday that would track their loans. The moratorium was requested by the payday loan industry, said Sen. Damon Thayer, R-Georgetown and chairman of the Senate State and Local Government Committee. Consumer advocates said House Bill 444 still doesn't do enough to stop widespread abuses. ... (Sat, 07 Mar 2009 07:05:45 GMT)

Payday lending bill clears Senate committee
A Senate committee passed protectionist legislation yesterday that would allow payday lending companies in the state to operate without threat of additional competition for 10 years. (Sat, 07 Mar 2009 10:01:56 GMT)

U.K. 10-Year Gilts Surge to Biggest Weekly Advance Since 1992
March 7 (Bloomberg) -- U.K. 10-year gilts posted the biggest weekly gain since 1992 after the Bank of England said it plans to buy medium- and long-maturity bonds to inject cash into the struggling economy. (Sat, 07 Mar 2009 13:15:41 GMT)

Lowest gas price on Staten Island -- Saturday, March 7, 2009
The lowest cash price on Staten Island this morning can be found at the Liberty station at Victory Boulevard and Willowbrook Road in Willowbrook. The station has a listed price of $2.01 per gallon of unleaded regular, according to... (Sat, 07 Mar 2009 15:17:58 GMT)

Takeover bid sends message Agrium is here to stay: analyst
As virtually every Canadian resource company cuts capital spending and tries to preserve cash, Agrium Inc. is attempting something the Canadian industry has not seen in a long time: a multi-billion-dollar international hostile takeover. (Sat, 07 Mar 2009 17:03:38 GMT)

U.K. 10-Year Gilts Surge to Biggest Weekly Advance Since 1992
March 7 (Bloomberg) -- U.K. 10-year gilts posted the biggest weekly gain since 1992 after the Bank of England said it plans to buy medium- and long-maturity bonds to inject cash into the struggling economy. (Sat, 07 Mar 2009 18:30:11 GMT)

Advance America armed robbery
The suspect got away with an undisclosed amount of cash (Sat, 07 Mar 2009 19:30:18 GMT)

Tulsa cash advance store robbed
A man robbed a cash advance store in midtown Tulsa this morning, escaping with $318 in cash. At least two employees were inside the Advance America store, 3107 S. Harvard Ave., when the robbery occurred at about 11:30 a.m. No injuries were reported. (Sat, 07 Mar 2009 19:52:36 GMT)

Tulsa police search for loan business robber
Associated Press - March 7, 2009 3:25 PM ET TULSA, Okla. (AP) - Tulsa police are searching for a man who robbed a cash advance office in central Tulsa. (Sat, 07 Mar 2009 20:34:33 GMT)

Tulsa cash advance store robbed
A man robbed a cash advance store in midtown Tulsa this morning, escaping with $318 in cash. At least two employees were inside the Advance America store, 3107 S. Harvard Ave., when the robbery occurred at about 11:30 a.m. No injuries were reported. The robber, wearing pantyhose over his head, showed a black semi-automatic handgun, but did not point it at the employees, said Cpl. Scott ... (Sat, 07 Mar 2009 20:45:42 GMT)

Indians advance to state with win over Heavener
Lady Indians knocked out, Indians advance out of Area. (Sun, 08 Mar 2009 06:04:39 GMT)

A time to play, share tips
Terri Luebs, a Boulder-based investor in probate properties, ponders the offer. A divorcing couple are selling their condo for $70,000. It would make a nice rental, bringing in $500 of positive cash flow per month. But the lender wants $20,000 down. (Sun, 08 Mar 2009 07:36:35 GMT)

Takeover bid sends message Agrium is here to stay: analyst
As virtually every Canadian resource company cuts capital spending and tries to preserve cash, Agrium Inc. is attempting something the Canadian industry has not seen in a long time: a multi-billion-dollar international hostile takeover. (Sun, 08 Mar 2009 16:03:44 GMT)

Payday lender might leave Virginia
Virginia’s modest clampdown on payday lending may claim its first big casualty. Mason Ohio-based Check ‘n Go yesterday said it could scale back or pull out of Virginia altogether because of pending restrictions and the recession. (Sun, 08 Mar 2009 18:03:16 GMT)

Coastal timber offered in treaty talks
Klahoose Chief Ken Brown and Aboriginal Relations Minister Mike de Jong sign an agreement that transfers Toba Valley timber rights and a cash advance in exchange for resumption of treaty talks. (Sun, 08 Mar 2009 20:05:36 GMT)

Hotels Keep the Deals and Discounts Coming
Hotel companies are continuing to help cash-strapped customers (and attract business) by offering discounts. (Sun, 08 Mar 2009 20:16:24 GMT)

Early Thoughts For Food totals look promising
RACINE — Thoughts For Food, Saturday night’s annual Downtown music extravaganza and benefit, appears to have roughly matched last year’s totals for cash and food (Mon, 09 Mar 2009 04:40:57 GMT)

European Stock Futures Advance With Oil; Asian Shares Retreat
March 9 (Bloomberg) -- European stock futures gained, suggesting the Dow Jones Stoxx 600 Index will rebound from the lowest level since 1996, as oil’s climb to near a six-week high boosted the profit outlook for energy companies. U.S. index futures were little changed, while Asian shares retreated. (Mon, 09 Mar 2009 08:49:52 GMT)

Pawn shops may be the answer for cash
Many people are doing all they can get extra cash in their pockets including selling some of their valuables. (Mon, 09 Mar 2009 13:17:56 GMT)

Stocks turn higher after Merck deal
Wall Street managed an advance Monday after a drugmakers Merck and Schering-Plough announced a $41 billion deal. (Mon, 09 Mar 2009 14:58:56 GMT)

Stocks turn higher after Merck deal
Wall Street managed an advance Monday after a drugmakers Merck and Schering-Plough announced a $41 billion deal. Big acquisitions tend to galvanize the stock market, and news of the Merck-Schering-Plough deal did help lift stocks from an early decline. (Mon, 09 Mar 2009 14:58:56 GMT)

New Carnival Promotion Provides Cash Back of Up to $240 Per Stateroom on Variety of 'Fun Ship' Cruises This Summer
Carnival Cruise Lines is launching a new promotion offering "cash back" of up to $240 per stateroom for a wide range of "Fun Ship" departures this summer. (Mon, 09 Mar 2009 15:15:00 GMT)

(AFX UK Focus) 2009-03-09 15:10 STOCKS NEWS US-Advance on rising oil prices, tech stocks
Stocks on the move Real-Time Equity news (Mon, 09 Mar 2009 15:34:48 GMT)

Study: Payday lending law doesn't curb exorbitant loan costs
The Housing Research and Advocacy Center in Cleveland says short-term lenders have found ways to circumvent a new law limiting the rates they can charge. (Mon, 09 Mar 2009 16:17:51 GMT)

Deal watch: Carnival offers 'cash back' on summer cruises
Industry giant Carnival rolled out yet another promotion today, one that promises "cash back" of up to $240 per cabin on nearly all new bookings for summer. (Mon, 09 Mar 2009 16:53:53 GMT)

Payday Lender May Leave Virginia (2:53 p.m.)
RICHMOND, Va. (AP) - One of Virginia's biggest payday lenders is considering pulling out of the state because it says it can't make money under new restrictions that went into effect at the beginning of the year. (Mon, 09 Mar 2009 19:03:36 GMT)

Check 'n Go could close Va. payday lending stores
Associated Press - March 9, 2009 2:55 PM ET RICHMOND, Va. (AP) - 1 of Virginia's biggest payday lenders is considering pulling out of the state because it says it can't make money under new... (Mon, 09 Mar 2009 19:05:33 GMT)

Study: Payday lending law doesn't curb exorbitant loan costs
The Housing Research and Advocacy Center in Cleveland says short-term lenders have found ways to circumvent a new law limiting the rates they can charge. (Mon, 09 Mar 2009 19:18:11 GMT)

Check 'n Go could close Va. payday lending stores
RICHMOND, Va. (AP) - 1 of Virginia's biggest payday lenders is considering pulling out of the state because it says it can't make money under new restrictions that went into effect at the beginning of the year. (Mon, 09 Mar 2009 19:18:24 GMT)

Check 'n Go could close Va. payday lending stores
One of Virginia's biggest payday lenders is considering pulling out of the state, saying it can't make money under new restrictions that took effect at the start of the year. (Mon, 09 Mar 2009 19:50:50 GMT)

Study: Payday Lending Curb Not Working
Only a handful of Ohio's "payday lenders" applied for commercial licenses under a new law that caps the annual percentage rate of loans at 28 percent. This from a Northeast Ohio based advocacy group which says Ohio's brand new payday lending law is not working. ideastream®'s Mhari Saito reports. (Mon, 09 Mar 2009 20:18:07 GMT)

US Cash Grain Review:Soft CIF Basis, Subdued Pre-Report Trade
CENTRAL CITY, Neb. (Dow Jones)--Export basis bids for corn, soybeans and grain sorghum all weakened at the U.S. Gulf market Monday, despite increasing export inspections, and rumors that China may have purchased as many as eight cargoes of U.S. soybeans again last week. (Mon, 09 Mar 2009 20:19:47 GMT)

Report: Remaining Ohio payday lenders charging more
Southwest Ohio has 87 fewer payday-lending stores than it did a year ago, but many of the stores still in business are charging consumers more for short-term loans than they did before Ohio capped interest rates at 28 percent. (Tue, 10 Mar 2009 00:06:44 GMT)

Payday capitalizes on loopholes, maintains high interest loans
Rather than be hemmed in by the new voter-approved short term loan law, pay day lenders are turning to two other state statutes that allow them to continue making high-interest, high-fee loans, according to a study released Monday, March 9, by the Housing Research & Advocacy Center in Cleveland. (Tue, 10 Mar 2009 01:03:10 GMT)

Loan firms skirt rules
COLUMBUS — Rather than be hemmed in by a new short-term loan law, payday lenders are turning to two other state statutes that allow them to continue making high-interest, high-fee loans, according to a study released Monday, March 9, by the Housing Research & Advocacy Center in Cleveland. (Tue, 10 Mar 2009 03:51:50 GMT)

WA House passes bill to regulate payday lending
Associated Press - March 10, 2009 3:45 AM ET OLYMPIA, Wash. (AP) - Washington House lawmakers are putting payday lenders on notice with a bill that would impose increased limitations on the... (Tue, 10 Mar 2009 07:44:59 GMT)

AP Executive Morning Briefing
The top business news from The Associated Press for the morning of Tuesday, March 10, 2009: Asian stocks advance but economic worries linger (Tue, 10 Mar 2009 11:04:01 GMT)

German Stocks Advance, Led by Bank Shares, Daimler; E.ON Falls
March 10 (Bloomberg) -- German stocks advanced for a second day, led by banks, after Citigroup Inc. reported its best start to a quarter in more than a year. (Tue, 10 Mar 2009 14:29:56 GMT)

State to advance Detroit Public Schools nearly $70M
The Michigan Department of Education announced today it will advance Detroit Public Schools $69.8 million to ensure the cash-strapped district can meet payroll and other operating expenses. (Tue, 10 Mar 2009 15:25:00 GMT)

Wash. House passes bill to regulate payday lending
Washington House lawmakers are putting payday lenders on notice with a bill that would impose increased limitations on the industry's small loan practices. (Tue, 10 Mar 2009 15:31:46 GMT)

Stimulus cash scam targets Floridians
TALLAHASSEE — Florida Agriculture and Consumer Services Commissioner Charles Bronson warned Tuesday about scams involving federal government stimulus dollars. (Tue, 10 Mar 2009 15:36:28 GMT)

Washington House lawmakers pass legislation to regulate short-term payday lending
Washington House lawmakers are putting payday lenders on notice with a bill that would impose increased limitations on the industry's small (Tue, 10 Mar 2009 15:59:57 GMT)

NEW State House passes bill to regulate payday lending
This feature is under development and will be available soon. OLYMPIA -- Washington lawmakers are putting payday lenders on notice with a bill that would impose increased limitations on the industry’s small loan practices. (Tue, 10 Mar 2009 16:00:52 GMT)

Stimulus cash scam targets Floridians
Florida Agriculture and Consumer Services Commissioner Charles Bronson warned today about scams involving federal government stimulus dollars. (Tue, 10 Mar 2009 16:02:18 GMT)

Check 'n Go could close Va. payday lending stores
RICHMOND, Va. (AP) - One of Virginia's biggest payday lenders is considering pulling out of the state because it says it can't make money under new restrictions that went into effect at the beginning of the year. (Tue, 10 Mar 2009 17:32:19 GMT)

Citizens groups say Kentucky is not doing enough to protect people from payday lenders
The Coalition for Responsible Lending claim fees payday lenders charge equal 390% annual interest.  (Tue, 10 Mar 2009 20:18:55 GMT)

Idaho lawmakers to hear online payday loan bill
Associated Press - March 10, 2009 5:14 PM ET BOISE, Idaho (AP) - A Senate committee has agreed to consider a bill that would require licenses for online payday lenders. (Tue, 10 Mar 2009 21:26:17 GMT)

Idaho lawmakers to hear online payday loan bill
Sen. Shawn Keough, a Sandpoint Republican, told The Associated Press Tuesday that online payday lenders who cater to Idaho consumers should adhere to the same consumer protection laws as payday lenders who operate actual stores in the state. (Tue, 10 Mar 2009 21:29:52 GMT)

Science fair exhibitors advance to regional, international levels
As a result of this year’s Morgan-Washington Bi-County Science Fair, the world now has a remote-controlled hay stacker and research indicating that radioactive material from nuclear fallout is still present in mountainous environments. (Tue, 10 Mar 2009 21:51:30 GMT)

Senate clears payday lending plan
FRANKFORT, Ky. (AP) - A plan to establish a database to monitor payday lending transactions and prevent new companies from entering the Kentucky market for the next decade has cleared the Senate. (Tue, 10 Mar 2009 22:48:54 GMT)

Hampton's defense helps the Pirates advance to MEAC quarterfinals, beating Delaware St. 51-32
WINSTON-SALEM, N.C. - Darrion Pellum scored 12 points and Hampton held Delaware State to a season-low point total in a 51-32 victory on Tuesday night in the first round of the Mid-Eastern Athletic Conference tournament. (Wed, 11 Mar 2009 00:55:30 GMT)

Senate OKs payday loan bill
A bill that would ensure payday lenders don't face any more competition in Kentucky for 10 years sailed through the Senate today with no discussion and only token opposition. (Wed, 11 Mar 2009 02:14:26 GMT)

New center revives North America agenda
Arizona State University has created a new trilateral research center to advance the continuing globalist agenda to integrate the United States, Mexico and Canada into a North American configuration. (Wed, 11 Mar 2009 03:02:01 GMT)

ID lawmakers to consider new payday loan bills
Associated Press - March 10, 2009 11:24 PM ET BOISE, Idaho (AP) - State lawmakers have agreed to consider two bills that would provide a powerful incentive to make sure all payday lenders... (Wed, 11 Mar 2009 03:25:37 GMT)

Michael Baker Corp. reports record profits
Michael Baker Corp. reported record earnings for 2008 despite a 58 percent drop in fourth-quarter profits, attributing most of the advance to its engineering unit. (Wed, 11 Mar 2009 04:19:19 GMT)

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