Cash Advance News Mar 2009

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Treasury Preserves Bank Payday as AIG Rescue Floods Wall Street
March 24 (Bloomberg) -- The U.S. Treasury Department preserved a payday for five banks that was worth almost 200 times the bonuses handed out at American International Group Inc. (Tue, 24 Mar 2009 04:38:20 GMT)

News Briefs - Bridgeton
Bridgeton - The Bridgeton City Council has extended a six-month moratorium on new payday loan businesses for an additional three months. (Tue, 24 Mar 2009 07:28:20 GMT)

Stocks in Europe, Asia Advance; U.S. Index Futures Retreat
March 24 (Bloomberg) -- Stocks in Europe and Asia rose, sending the MSCI World Index to a one-month high, on speculation that the Obama administration’s plan to rid banks of toxic assets will revive growth. U.S. futures declined after the market’s steepest two-week gain since 1938. (Tue, 24 Mar 2009 11:07:36 GMT)

US Cash Hogs Pre-Open: Generally Steady On Supply Outlook
KANSAS CITY (Dow Jones)--The Midwest direct hog markets Tuesday are called mostly steady on a tighter supply outlook for April along with support from higher wholesale pork prices Monday. (Tue, 24 Mar 2009 13:15:05 GMT)

Bloomberg: The Real AIG Bonus Scandal
Bloomberg News has a great story today on how the government’s AIG bailout not only preserved those infamous $165 million in bonuses but also billions more at its bailed-out counterparties, including foreign banks. (Tue, 24 Mar 2009 13:26:46 GMT)

BG to Take Over Pure Energy After Arrow Accepts Bid (Update1)
March 24 (Bloomberg) -- BG Group Plc will take over Australia’s Pure Energy Resources Ltd. after rival Arrow Energy Ltd. accepted the U.K. natural gas company’s A$1.03 billion ($729 million) cash offer. (Tue, 24 Mar 2009 13:32:27 GMT)

Hirsh: Geithner May Have It Right After All
Geithner may have it right after all. (Tue, 24 Mar 2009 16:22:14 GMT)

Treasury Preserves Bank Payday With AIG Rescue Cash (Update1)
March 24 (Bloomberg) -- The U.S. Treasury Department preserved a payday for five banks that was worth almost 200 times the bonuses handed out at American International Group Inc. (Tue, 24 Mar 2009 16:33:35 GMT)

Hunt for armed robbery suspect at Knoxville Check Advance store
Police are looking for the man who robbed a Check Advance on Clinton Highway at gunpoint Tuesday morning. (Tue, 24 Mar 2009 18:24:39 GMT)

Energy chief doles $1.2 billion in stimulus cash
Energy Secretary Steven Chu announced Monday that $1.2 billion in federal stimulus money will be spent on science projects, saying that leadership in science is ‘‘vital to America’s prosperity, energy security and global competitiveness.’’ Much of the money will be distributed among the Energy Department’s national laboratories, including Brookhaven National Laboratory on eastern Long Island, ... (Tue, 24 Mar 2009 20:13:23 GMT)

Douglas Dispatch
PHOENIX State lawmakers derailed at least temporarily a proposal that would replace payday lending with another type of highinterest loan. The 44 vote Monday night by the House Banking and Insurance Committee came after Rep. Doug Quelland, RPhoenix, refused to side with fellow Republicans. (Tue, 24 Mar 2009 21:29:52 GMT)

Santa Fe girls advance in soccer playoffs
A roundup of Friday night high school and college sports action around the county. (Wed, 25 Mar 2009 01:01:07 GMT)

Carnival Floats On Cruise Deals
Cruise operator lures vactioners with discounted prices but continues to see weakness in advance bookings. (Wed, 25 Mar 2009 01:06:17 GMT)

Mayor encourages residents to bank on L.A.
A new initiative aims to help 10,000 low-income Los Angeles residents enter the financial mainstream before the end of the year by reducing the cost and simplifying the process of banking. Juan Murillo used to spend hundreds of dollars a year at check-cashing outlets because he was too intimidated by the U.S. banking system to open an account and did not speak enough English to write a check ... (Wed, 25 Mar 2009 02:43:05 GMT)

Pay day loans - be careful who you borrow from
Their aim is to lend you money in dire times of financial need. They are called pay day loan lenders, but some Texas lawmakers call it "predatory lending", and are pushing bills that would put tougher requirements on pay day loan companies. (Wed, 25 Mar 2009 03:54:42 GMT)

OU Women Earn Trip To OKC For Sweet 16, Beat Jackets 69-50
Danielle Robinson scores 17 points and had seven assists, Whitney Hand adds 15 and the top-seeded Sooners beat Georgia Tech 69-50 Tuesday night to advance to regional semifinals. (Wed, 25 Mar 2009 04:04:12 GMT)

Legislature pushes payday loan reform
BOISE - Idahoans who use short-term payday loans could receive an additional layer of protection under a measure before the Idaho Senate. (Wed, 25 Mar 2009 06:40:17 GMT)

News Briefs - Bridgeton
Bridgeton - The Bridgeton City Council has extended a six-month moratorium on new payday loan businesses for an additional three months. (Wed, 25 Mar 2009 07:28:34 GMT)

Fresh and local food eagerly awaited
Farming is a cash-upfront business, so it helps when the people who end up eating the fresh produce pay for a season's worth in advance. The Community Supported Agriculture (CSA) model makes it worth their while. » CSA farms offering subscriptions (Wed, 25 Mar 2009 08:46:30 GMT)

Unico American Corporation Reports Fourth Quarter and Full Year 2008 Results and Announces the Declaration of a Cash ...
WOODLAND HILLS, Calif.----Unico American Corp. is an insurance holding company that, through its subsidiaries, including Crusader Insurance Company, offers a variety of property and casualty insurance products and services. (Wed, 25 Mar 2009 12:00:00 GMT)

Markets advance on positive U.S. data
Stock markets moved higher this morning as surprisingly positive American economic data persuaded traders to extend the March rally well into a third week. (Wed, 25 Mar 2009 13:37:51 GMT)

Stock markets advance on positive U.S. durable goods, housing data
TORONTO - A surprise in American durable goods orders and new-home sales last month sent stock indexes well into positive territory Wednesday. (Wed, 25 Mar 2009 15:08:00 GMT)

25 per cent cash dividend, 5 per cent bonus shares approved at DIB Annual General Meeting
25 March 2009 Following the conclusion of its Annual General Meeting (AGM), which was held today, Dubai Islamic Bank (DIB) Dubai Islamic Bank (DIB) announced that the assembly has approved the distribution of a cash dividend of 25 per cent and bonus shares of five per cent for the year 2008. (Wed, 25 Mar 2009 15:14:12 GMT)

SC payday lending bill loses income limit
A major overhaul of South Carolina's payday lending laws has been stripped of lending limits tied to borrowers' income. The Senate Banking and Insurance Committee approved the bill Wednesday on an 11-3 vote and sent the bill to the Senate floor for debate. (Wed, 25 Mar 2009 15:49:00 GMT)

SC payday lending bill loses income limit
A major overhaul of South Carolina's payday lending laws has been stripped of lending limits tied to borrowers' income. (Wed, 25 Mar 2009 16:14:17 GMT)

SC payday lending bill loses income limit
COLUMBIA, S.C. (AP) - A major overhaul of South Carolina's payday lending laws has been stripped of lending limits tied to borrowers' income. The Senate Banking and Insurance Committee approved the bill Wednesday on an 11-3 vote and sent the bill to the Senate floor for debate. (Wed, 25 Mar 2009 16:14:36 GMT)

SC payday lending bill loses income limit
Legislators stripped lending limits tied to income from a major overhaul of payday loan industry laws Wednesday. The bill the Senate Banking and Insurance Committee sent to the floor for debate with an 11-3 vote makes crucial changes to the measure. (Wed, 25 Mar 2009 20:26:56 GMT)

County's cash flow drying up
The projections for cash flow for each of the Wadena County funds are looking the way she anticipated - not good, said Auditor Char West. Advertisement: IDLEWILDE RESORT Book a one week stay at Idlewilde Resort and we'll take $150.00 Offer good on reservations booked by the end of March. (Wed, 25 Mar 2009 20:41:25 GMT)

SC payday lending bill loses income limit proviso
South Carolina legislators stripped lending limits tied to income from a major overhaul of payday loan industry laws Wednesday. (Wed, 25 Mar 2009 20:44:01 GMT)

SC payday lending bill loses income limit proviso
(AP:COLUMBIA, S.C.) South Carolina legislators stripped lending limits tied to income from a major overhaul of payday loan industry laws Wednesday. The bill the Senate Banking and Insurance Committee sent to the floor for debate with an 11-3 vote makes crucial changes to the measure. (Wed, 25 Mar 2009 20:58:59 GMT)

Premier snaps up Oilexco's North Sea fields for $505m cash
Premier Oil wants to buy the North Sea assets of the troubled Canadian exploration group Oilexco for $505m (£347m) in cash. (Thu, 26 Mar 2009 00:06:25 GMT)

Cockrel, Bing meet in 1st Detroit mayoral debate
The two candidates vying for the Detroit mayor's office outlined their plans to turnaround the cash-strapped city in their first one-on-one debate on Wednesday night. (Thu, 26 Mar 2009 02:17:17 GMT)

Australian, N.Z. Dollars Advance on Stock Gains, Rio Comments
March 26 (Bloomberg) -- The Australian and New Zealand dollars rose as Asian stocks gained for a fourth day, fueling speculation investors will buy more higher-yielding assets. (Thu, 26 Mar 2009 03:26:38 GMT)

(AFX UK Focus) 2009-03-26 03:24 Seoul shares advance led by Hynix, auto issues
By Jungyoun Park (Thu, 26 Mar 2009 03:54:23 GMT)

Will Populist Rage Hurt Corporate America?
Populist rage is sweeping the nation. How will it affect corporate interests in Washington, in the courts, and at cash registers? So far, at least, the damage seems to be limited. (Thu, 26 Mar 2009 04:07:35 GMT)

Senate panel weakens payday loan legislation
The payday lending industry has said tying loans to a borrower's income would force them to close up shop in the Palmetto State. Senators listened and tossed the lenders a lifeline Wednesday. (Thu, 26 Mar 2009 04:32:40 GMT)

Gregoire signs payday-loan bill
Gov. Chris Gregoire has given final approval to several new laws. (Thu, 26 Mar 2009 07:27:15 GMT)

Skeptical Beshear signs payday loan bill
Gov. Steve Beshear yesterday signed into law a measure creating a database to alert payday lenders if their customers exceed the legal limit on such loans. But he invited a lawsuit to overturn a section that gives those lenders protection from new competition. (Thu, 26 Mar 2009 08:50:06 GMT)

China’s Stocks Advance to Highest in Six Weeks, Led by ICBC
March 26 (Bloomberg) -- China’s stocks rose to a six-week high, led by Industrial & Commercial Bank of China Ltd., after Goldman Sachs Group Inc. agreed to hold most of its stake for another year and as investors expect earnings to improve. (Thu, 26 Mar 2009 09:29:52 GMT)

Payday loan law in effect
Gov. Steve Beshear has signed into law a measure creating a database to alert payday lenders if their customers exceed the legal limit on such loans. (Thu, 26 Mar 2009 09:47:26 GMT)

Hong Kong Stocks Advance on Positive U.S. Data; ICBC Surges
March 26 (Bloomberg) -- Hong Kong stocks rose, pushing the benchmark Hang Seng Index to an 11-week high, as U.S. economic data boosted optimism the worst of the financial crisis is over and the city’s richest man said it is time to buy shares. (Thu, 26 Mar 2009 10:10:06 GMT)

Two N.H. men arrested at Mohegan Sun in theft, use of credit card
Card used to pay for hotel services, get cash advance (Thu, 26 Mar 2009 10:44:31 GMT)

Qatar, Kuwait Indexes Advance on Optimism of Global Recovery
March 26 (Bloomberg) -- Qatari and Kuwaiti benchmark indexes rose, extending their monthly gains, on optimism U.S. efforts to safeguard the banking system will help revive global economic growth. (Thu, 26 Mar 2009 14:00:19 GMT)

Brazil Stocks Rise, Led by Vale, Gerdau; Bolsa, Ipsa Advance
March 26 (Bloomberg) -- Brazilian stocks rose for a second day, led by metal producers, on speculation a recovering global economy will revive demand for commodities. (Thu, 26 Mar 2009 16:39:45 GMT)

Treasuries Advance as 7-Year Note Sale Draws Yield of 2.384%
March 26 (Bloomberg) -- Treasuries rose as the government’s record $24 billion sale of seven-year notes drew a yield of 2.384 percent. The yield was close to the 2.385 percent forecast in a Bloomberg News survey of 10 bond-trading firms. (Thu, 26 Mar 2009 17:38:24 GMT)

Senate passes payday loan restriction bill
Associated Press - March 26, 2009 2:14 PM ET BOISE, Idaho (AP) - The Senate has approved legislation requiring all payday lenders, including those operating on the Internet, to be licensed to... (Thu, 26 Mar 2009 18:27:47 GMT)

Police seek robbery suspect
Topeka Police Detectives are asking for help to identify a robbery suspect. An unknown male entered Advance Cash Loans, 3258 S. Topeka Blvd., at about 12:41 p.m. March 20. According to a report, the man quickly approached the counter and displayed a hand gun. read more (Thu, 26 Mar 2009 20:38:55 GMT)

Senate passes payday loan restriction bill
The Senate has approved legislation requiring all payday lenders, including those operating on the Internet, to be licensed to do business in Idaho. (Thu, 26 Mar 2009 21:08:12 GMT)

Investors cash in some gains from big rally
Stocks are falling Friday as investors cash in some of this month's big gains. Technology stocks led the decline as did energy shares, which fell along with the price of oil. A dip in personal incomes and a slowdown in personal spending gave investors little... (Thu, 26 Mar 2009 22:14:56 GMT)

Yen Heads for Sixth Weekly Loss Versus Euro as Stocks Advance
March 27 (Bloomberg) -- The yen headed for a sixth weekly drop against the euro, the longest losing streak in eight months, as stocks rallied on optimism the worst of the global economic slump is over, sapping demand for the currency as a refuge. (Fri, 27 Mar 2009 03:16:30 GMT)

Japanese Stocks Rise on U.S. Earnings; Property Trusts Advance
March 27 (Bloomberg) -- Japanese stocks rose, driving the Topix index toward its best week in more than 16 years, as better-than-expected earnings at U.S. companies boosted speculation the global recession is abating. (Fri, 27 Mar 2009 04:16:24 GMT)

U.K. Stocks Advance; Barclays, Lloyds Banking Lead the Gains
March 27 (Bloomberg) -- U.K. stocks gained, pushing the FTSE 100 Index toward a third weekly advance, after a report that Barclays Plc doesn’t need fresh capital raised optimism the worst of the banking crisis may be over. (Fri, 27 Mar 2009 10:20:32 GMT)

Investors cash in some gains from big rally
By MADLEN READ Stocks are falling Friday as investors cash in some of this month's big gains. Technology stocks led the decline as did energy shares, which fell along with the price of oil. A dip in personal incomes and a slowdown in personal spending gave investors little reason to extend the market's recent rally, which has sent the Dow Jones industrial average surging 21 percent over just 13 ... (Fri, 27 Mar 2009 11:54:51 GMT)

Province books all cash from '05 Accord: Accounting change tops up record surplus for year ending
The province drew down the remainder of its 2005 Atlantic Accord advance in the just-ending fiscal year, driving the province's surplus for 2008-09 to a whopping $2. (Fri, 27 Mar 2009 12:01:30 GMT)

New Payday loan bill should remove discrimination against social assistance recipients
Manitoba will introduce legislation this spring to regulate payday loan rates. The new rules will replace legislation that previously gave that authority to the Public Utilities Board . (Fri, 27 Mar 2009 13:30:00 GMT)

Investors cash in some gains from big rally
NEW YORK -- Stocks are falling today as investors cash in some of this month's big gains. (Fri, 27 Mar 2009 13:58:13 GMT)

Investors cash in some stock gains from big rally
After a 21 percent surge in the Dow Jones industrial average over just 13 days, a dip in personal incomes and a slowdown in personal spending gave investors little reason to extend the rally. (Fri, 27 Mar 2009 14:27:47 GMT)

Investors cash in some gains from big rally, driving market down
NEW YORK — Stocks are falling Friday as investors cash in some of this month's big gains. After a 21 percent surge in the Dow Jones industrial average over just 13 days, a dip in personal incomes and a slowdown in personal spending have given investors little reason to extend the rally. (Fri, 27 Mar 2009 15:55:25 GMT)

S.C. Senate committee makes crucial changes to payday lending bill
COLUMBIA (AP) —Legislators stripped lending limits tied to income from a major overhaul of payday loan industry laws Wednesday. The bill the Senate Banking and Insurance Committee sent to the floor for debate with an 11-3 vote makes crucial changes to the measure. (Fri, 27 Mar 2009 15:56:21 GMT)

Investors cash in some gains from big rally
Stocks are falling Friday as investors cash in some of this month's big gains. (Fri, 27 Mar 2009 16:03:55 GMT)

Dow Dips As Investors Cash In On Last Week's Gains
Stocks are retreating in early trading as investors cash in some of this month's big gains. After a 21 percent surge in the Dow Jones industrial average over just 13 days, a dip in personal incomes and a slowdown in personal spending gave investors little reason to extend the rally. (Fri, 27 Mar 2009 16:11:25 GMT)

Investors Cash In On Three-Week Rally
U.S. stocks drop Friday as investors reel in profits from an extended advance. (Fri, 27 Mar 2009 17:03:11 GMT)

Investors cash in some gains from big rally
NEW YORK -- Caution reasserted itself on Wall Street Friday, sending stocks sharply lower but not enough to prevent the market from heading for its third straight weekly advance. (Fri, 27 Mar 2009 20:00:25 GMT)

Wall Street Friday: Stocks slump as traders cash in some gains from big rally
4:10 p.m. NEW YORK (AP) - Caution has reasserted itself on Wall Street but stocks are still ending with their third straight weekly advance. Stocks are finishing lower Friday but are still up sharply for the week. (Fri, 27 Mar 2009 20:50:11 GMT)

Investors cash in some gains from big rally
NEW YORK — Caution reasserted itself on Wall Street Friday, sending stocks sharply lower but not enough to prevent the market from notching its third straight weekly advance. (Fri, 27 Mar 2009 20:58:10 GMT)

Investors cash in some gains from big rally
NEW YORK — Caution reasserted itself on Wall Street today, sending stocks sharply lower but not enough to prevent the market from notching its third straight weekly advance. (Fri, 27 Mar 2009 20:59:27 GMT)

Investors cash in some gains from big rally
Caution reasserted itself on Wall Street today, sending stocks sharply lower but not enough to prevent the market from notching its third straight weekly advance. Major market indexes fell about 2 percent, but most analysts agreed that the pullback was... (Fri, 27 Mar 2009 21:20:42 GMT)

Investors cash in some gains from big rally
Caution reasserted itself on Wall Street, sending stocks down sharply but not enough to stop the market from notching its third straight weekly advance. (Fri, 27 Mar 2009 22:13:08 GMT)

Investors cash in some gains from big rally
NEW YORK Stocks are retreating in early trading as investors cash in some of this month's big gains. After a 21 percent surge in the Dow Jones industrial average over just 13 days, a dip ... (Fri, 27 Mar 2009 22:57:15 GMT)

Stocks dip after investors cash in
Caution reasserted itself on Wall Street on Friday, sending stocks sharply lower but not enough to prevent the market from notching its third straight weekly advance. (Sat, 28 Mar 2009 06:23:12 GMT)

Week's advance is third straight
Market upbeat despite fall in stocks Friday, analysts say Caution returned to Wall Street, sending stocks down sharply but not enough to stop the market from notching its third straight weekly advance. (Sat, 28 Mar 2009 07:17:38 GMT)

Investors cash in some gains from big rally
NEW YORK (AP) — Stocks are falling Friday as investors cash in some of this month’s big gains. (Sat, 28 Mar 2009 12:26:19 GMT)

Midlothian mom wins 10K Dash for the Cash
Midlothian mother of four Anne Parker won the Dash for the Cash in today’s Monument Avenue 10K. (Sat, 28 Mar 2009 15:21:04 GMT)

First female winner dominates Dash for the Cash
Anne Parker didn’t look back as she ran the AT&T Dash for the Cash. She also didn’t miss anything. Parker, a Midlothian pre-school teacher, became the event’s first female winner in dominating fashion, beating the elite runners by nearly three minutes. “I never turned around,“ she said. “I didn’t see them.“ They didn’t see her, either. Parker had a 2.7-mile head start, and crossed the finish ... (Sun, 29 Mar 2009 04:10:59 GMT)

Investors cash in some gains from stocks rally
NEW YORK — Caution reasserted itself on Wall Street, sending stocks down sharply but not enough to stop the market from notching its third straight weekly advance. (Sun, 29 Mar 2009 05:12:02 GMT)

News Briefs - Bridgeton
Bridgeton - The Bridgeton City Council has extended a six-month moratorium on new payday loan businesses for an additional three months. (Sun, 29 Mar 2009 07:36:41 GMT)

Nano to fetch Tatas a welcome cash pile
COMMENT ON THIS ! Your Views! If bookings for the Nano go on expected lines, it would not only raise the stakes for Tata Motors in the domestic industry but could also provide a solution to its dire liquidity problems, albeit in an offbeat way. (Sun, 29 Mar 2009 14:39:58 GMT)

Cash flow and protection key for year ahead
The start of the new financial year is looming and many businesses will now be focused on planning for what is likely to be another tough year ahead. Accountant and insolvency practitioner Jeff Meltzer says both small and big businesses should have their budgets completed by now, ahead of April 1. (Sun, 29 Mar 2009 18:15:48 GMT)

Indiana Campaign Finance Announces Payday Loans
Fast, No-Faxing Payday Loans Now Available -- online. (PRWeb Mar 29, 2009) Read the full story at http://www.prweb.com/releases/loans/payday-loans/prweb2274214.htm (Sun, 29 Mar 2009 18:25:53 GMT)

Wagoner Out at GM
He's out. General Motors ( GM ) Chairman and CEO G. Richard Wagoner Jr. has been asked by President Barack Obama's Administration to step down in advance of GM's getting any further funds from the federal government. (Mon, 30 Mar 2009 02:14:12 GMT)

News Briefs - Bridgeton
Bridgeton - The Bridgeton City Council has extended a six-month moratorium on new payday loan businesses for an additional three months. (Mon, 30 Mar 2009 07:57:02 GMT)

European Government Bonds Advance as Stocks Decline on Bank Aid
March 30 (Bloomberg) -- European government bonds rose for a fourth day as stocks fell after U.S. Treasury Secretary Timothy Geithner said more banks may need to be rescued, stoking demand for the safety of fixed-income assets. (Mon, 30 Mar 2009 08:57:52 GMT)

Brown's hopes of global fix fade ahead of summit
LONDON - Gordon Brown's hopes of kick-starting the world economy with a massive cash injection into its financial system have evaporated in the face of resistance led by France and Germany. (Mon, 30 Mar 2009 15:28:23 GMT)

Surgery cancellations will continue despite extra cash, urologist warns
About one quarter of the surgeries scheduled by urologists in St. John's for April have already had to be cancelled because of shortages in nursing and anesthesiology, a specialist says. (Mon, 30 Mar 2009 15:39:01 GMT)

Real estate pros push tax credit advance for home buyers
A coalition of real estate professionals, including home builders, lenders and Realtors, said it would pressure state lawmakers to find a way to advance a new $8,000 tax credit to new home buyers so they can use it to make down payments. The $8,000 federal tax credit was part of a recently enacted stimulus law and is good for homes purchased between Jan. 1 and Nov. 30 of this year for buyers who ... (Mon, 30 Mar 2009 16:24:16 GMT)

Oregon Wants More Regulation Of Tax Refund Loan Companies
If you're expecting a refund from the IRS this year, a tax preparer may ask you how fast you want it. (Mon, 30 Mar 2009 19:13:40 GMT)

Cash Money/Universal Republic Rocker Kevin Rudolf Announces "Livin' It Up" Flyaway Contest On First Major Headlining ...
NEW YORK----In celebration of Cash Money/Universal Republic Records' breakthrough star Kevin Rudolf's first headlining Tour, The Let It Rock Tour, produced by Live Nation, which kicks off April 3rd in Nashville, TN, Kevin has teamed up with Metropark for the much-buzzed about "Livin' It Up" Flyaway Contest. (Mon, 30 Mar 2009 19:45:00 GMT)

AT&T bill seeks deregulation of most services
Tempers flared Monday over legislation that would deregulate most AT&T services with Tennessee Regulatory Authority Director Sara Kyle likening the telecommunications company to predatory payday loan businesses. (Mon, 30 Mar 2009 21:30:12 GMT)

Western Digital goes solid state, acquires SiliconSystems
On Monday, Western Digital announced it had acquired SiliconSystems Inc. in a $65 million cash deal. The new deal will give WD the means with which to form its own solid state disk (SSD) product divisions; effective immediately, SiliconSystems will be known as the WD Solid-State Storage business. SiliconSystems is a bit of a dark horse as far as an acquisition target goes; the company was ... (Mon, 30 Mar 2009 22:26:51 GMT)

The road to bankruptcy, and why GM may take it
As President Barack Obama hands Detroit a compass, Chrysler's path may lead to merger with Fiat Faced with an auto industry that is bleeding cash and seemingly unable to fix itself, President Barack Obama began laying the groundwork Monday for a possible government-sponsored Chapter 11 bankruptcy filing by General Motors Corp, Chrysler LLC or both. (Tue, 31 Mar 2009 04:03:00 GMT)

Real estate pros push tax credit advance for home buyers
If a proposal by a coalition of real estate professionals succeeds, state lawmakers will find a way to advance a new $8,000 tax credit to new home buyers so they can use it to make down payments. (Tue, 31 Mar 2009 07:13:24 GMT)

News Briefs - Bridgeton
Bridgeton - The Bridgeton City Council has extended a six-month moratorium on new payday loan businesses for an additional three months. (Tue, 31 Mar 2009 07:18:50 GMT)

Europe Markets: Banks help Europe stocks advance on last day of quarter
European shares on Tuesday staged a bit of a rebound on the last day of the quarter, as banks took back some of the previous session’s sharp losses to lead the market higher. (Tue, 31 Mar 2009 08:02:49 GMT)

German Stocks Advance; Deutsche Boerse, ThyssenKrupp, BMW Gain
March 31 (Bloomberg) -- German stocks advanced, sending the DAX Index to its first monthly gain this year, as investors speculated the measure’s slump yesterday was exaggerated. (Tue, 31 Mar 2009 10:41:12 GMT)

Residential, business tax cuts advance in Montana Legislature
CALGARY - Paramount Energy Trust (TSX:PMT.UN) has agreed to acquire Profound Energy Inc. (TSX:PFX) in a friendly cash-and-stock deal worth $112.9 (Tue, 31 Mar 2009 13:48:48 GMT)

Wall Street rebounds on last day of the quarter
Wall Street resumed its advance on the last day of the quarter as investors focused on economic data. (Tue, 31 Mar 2009 14:40:31 GMT)

Wall Street rebounds on last day of the quarter
NEW YORK -- Wall Street resumed its advance on the last day of the quarter as investors focused on economic data. A measure of consumer confidence inched up in March after plummeting to historic lows in February, a private research... (Tue, 31 Mar 2009 14:54:07 GMT)

Big Telecom Vendors, Discount Carriers Advance
Big Telecom Vendors, Discount Carriers Advance (Tue, 31 Mar 2009 14:55:07 GMT)

U.K. Stocks Rise; Marks & Spencer, Compass Group Lead Advance
March 31 (Bloomberg) -- U.K. stocks rose by the most in three weeks as Marks & Spencer Group Plc ’s sales topped estimates, Compass Group Plc reported an increase in revenue and rising copper pushed mining companies higher. (Tue, 31 Mar 2009 16:05:19 GMT)

Retailers Can Get Cash Fast from MPS Financial
MADISON HEIGHTS, Mich - Retailers that need cash to grow can now get it quickly and conveniently from MPS Financial. With banks cutting back, MPS can help small-business owners succeed. (Tue, 31 Mar 2009 18:24:18 GMT)

Opening the cash register while open sourcing software (or textbooks)
A commitment to open source need not entail a monastic vow of poverty, as Flat World Knowledge's strategy suggests. (Tue, 31 Mar 2009 19:59:20 GMT)

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