Cash Advance News May 2009

1 2 3 Next

One-sided loan agreements not enforceable in NM
Associated Press - April 30, 2009 8:25 PM ET SANTA FE (AP) - The New Mexico Supreme Court says loan agreements that prevent borrowers from going to court, but allow lenders to do so, are not... (Fri, 01 May 2009 00:41:02 GMT)

Lawmakers taking aim at auto dealers' lending
A Durham nonprofit that has been a national voice on lending reform and led efforts in this state to end payday lending and revamp mortgage practices has turned its attention to auto dealers in North Carolina. (Fri, 01 May 2009 04:04:34 GMT)

Loans via car dealers under fire
A Durham nonprofit that has been a national voice on lending reform and led efforts in this state to end payday lending and revamp mortgage practices has turned its attention to auto dealers in North Carolina. (Fri, 01 May 2009 06:12:47 GMT)

Advance Loan Speeds Up Its Online Cash Advance Service
Advance Loan, an online cash advance specialist, updates its service with various speed and quality enhancements. (Fri, 01 May 2009 07:05:00 GMT)

3 women arrested in ID theft case
ALBANY — Three women were arrested Wednesday after one of them tried using a fraudulent credit card to get a cash advance at an Albany bank, police said. (Fri, 01 May 2009 08:10:22 GMT)

Sen. Tim Johnson leads Congress in campaign contributions from payday lending industry
Sen. Tim Johnson leads Congress in the amount of campaign cash received from the payday lending industry, which has ramped up contributions to key lawmakers in response to legislation to limit interest rates on payday loans. (Fri, 01 May 2009 09:27:40 GMT)

One-sided loan agreements not enforceable in NM
Loan agreements that keep borrowers from going to court while allowing lenders to do so are "unconscionable" and unenforceable, the New Mexico Supreme Court has ruled. (Fri, 01 May 2009 15:26:30 GMT)

Law Student Research Finds Ministers Struggling to Address Payday Lending
A University of Iowa law students examines why payday lending services are so successful in areas with large populations of evangelical Christians, whose faith suggests they should stay away from such businesses because of Biblical teachings against usury. (Fri, 01 May 2009 21:31:18 GMT)

Valparaiso cash advance store robbed
VALPARAISO | A Valparaiso payday loan office was robbed at gunpoint Friday afternoon, Valparaiso police said. The robbery occurred at 1:55 p.m. Friday at Advance America Cash Advance, located next to WiseWay at 2180 U.S. 30. (Fri, 01 May 2009 21:42:53 GMT)

States taking steps to turn $8,000 home-purchase tax credit into cash
Instead of making buyers wait until they receive their tax refunds, some states have created bridge-loan programs that advance purchasers the money they need for their closings. For the housing market, it's the equivalent of financial alchemy, and it's hot: Turning the $8,000 federal home-purchase tax credit, which normally isn't spendable until after you've gotten your refund, into immediate, ... (Sat, 02 May 2009 01:55:45 GMT)

Paying Tax Credit Forward Would Get More Buyers In the Door
For the housing market, it's the equivalent of financial alchemy, and it's hot: Turning the $8,000 federal home-purchase tax credit, which normally can't be spent until you get your refund, into cash today, available for your down payment and closing costs. (Sat, 02 May 2009 04:00:00 GMT)

The Fictional Advance
Letter in response to Michael Meyer?s essay ?About That Advance . . .? (April 12). (Sat, 02 May 2009 04:42:41 GMT)

Housing: Qualified home buyers get 'tax credit advance'
WASHINGTON — For the housing market, it's the equivalent of financial alchemy, and it's hot: turning the $8,000 federal home-purchase tax credit, which normally isn't spendable until after you've gotten your refund, into immediate, hard cash today, available for your down payment and closing costs. (Sat, 02 May 2009 07:26:32 GMT)

Three women arrested in ID theft, fraud case
Three women were arrested Wednesday after one of them tried using a fraudulent credit card to get a cash advance at an Albany bank, police said. (Sat, 02 May 2009 08:02:14 GMT)

Consumer advocates take another shot at payday lenders
SPRINGFIELD -- Four years ago, lawmakers and consumer advocates approved legislation aimed at reforming the payday loan industry in Illinois and keeping people from falling into too much debt. (Sat, 02 May 2009 23:34:58 GMT)

Advance America in Ocoee robbed
An Advance America was robbed today by a man who attacked an employee was bringing in cash, police said. (Sun, 03 May 2009 01:42:52 GMT)

Celtics cash in at line to bounce Bulls
After a record-setting seven overtimes in the first six games, the defending NBA champion Boston Celtics made an early night of it with a dominating stretch in the second. Photo caption: Boston's Paul Pierce reacts during the fourth quarter of Game 7 against Chicago on Saturday. The Celtics defeated the Bulls to advance to the second round of the playoffs. Photo by Associated Press (Sun, 03 May 2009 07:15:08 GMT)

Teens' summer-job hunt faces chilly hiring climate
For many teens, a summer job is a rite of passage and a chance to earn some cash. But this year, it also will be a hot commodity. (Sun, 03 May 2009 07:18:03 GMT)

Blazers bounced from NLL playoffs
Mark Steenhuis scored four goals as the Buffalo Bandits defeated the visiting Boston Blazers, 11-8, last night to advance to the National Lacrosse League's East Division final against New York. Dan Dawson had seven assists, Daryl Veltman had three goals and four assists, and Anthony Cosmo made 35 saves as the Blazers ended their inaugural season 10-7 . . ... (Sun, 03 May 2009 09:02:55 GMT)

Irving looks at interest from payday lenders
IRVING, Texas -- In a step that illustrates a growing fight against predatory practices by payday lenders, officials in the city of Irving are researching whether state law would allow... (Sun, 03 May 2009 16:19:46 GMT)

Bank stress test results to try market's advance
A week laden with key economic reports and results of stress tests on banks will determine whether Wall Street is ready to rally further or take a sharp U-turn. (Sun, 03 May 2009 19:11:44 GMT)

Bank stress test results to try market's advance
A week laden with key economic reports and results of stress tests on banks will determine whether Wall Street is ready to... (Mon, 04 May 2009 02:20:08 GMT)

Texas cities working to limit payday-loan outlets
The cities include Irving, Mesquite, Richardson and Sachse. (Mon, 04 May 2009 03:39:02 GMT)

Wall Street rally hinges on economic data
Reports due out this week on retail sales, employment and bank stress-test results could further stocks' advance or pull them down. A week laden with key economic reports and results of stress tests on banks will determine whether Wall Street is ready to rally further or take a sharp U-turn. (Mon, 04 May 2009 04:49:56 GMT)

Irving looks to cap interest rates payday lenders charge
IRVING (AP) - In a step that illustrates a growing fight against predatory practices by payday lenders, officials in the city of Irving are researching whether state law would allow the city to cap interest rates charged by such lenders. (Mon, 04 May 2009 05:48:15 GMT)

Peter Brimelow: Market advance is fighting for its life
Stocks struggle higher, while several strong newsletters are deeply divided on whether the rally can continue. (Mon, 04 May 2009 07:07:34 GMT)

Bank stress test results to try market's advance
NEW YORK -- A week laden with key economic reports and results of stress tests on banks will determine whether Wall Street is ready to rally further or take a sharp U-turn. The government's assessment of the health of 19... (Mon, 04 May 2009 11:09:59 GMT)

Tough fight foreseen on adding limits to payday loans
SPRINGFIELD - Four years ago, lawmakers and consumer advocates approved legislation aimed at reforming the payday loan industry in Illinois and keeping people from falling into too much debt. (Mon, 04 May 2009 13:03:46 GMT)

The Cash Advance of Prop 1C
Perhaps no operation of state government has been sized up for reform more in recent years than the California Lottery. Lease it... sell it... remove the existing restrictions... all have been discussed in hopes of getting higher profits out of a lottery that's more than two decades old and, in the eyes of many, not [...] (Mon, 04 May 2009 13:05:10 GMT)

U.S. Stocks Advance as S&P 500 Index Erases Decline for Year
May 4 (Bloomberg) -- U.S. stocks rose, erasing the Standard & Poor’s 500 Index ’s 2009 loss, after home sales beat estimates and manufacturing in China increased for the first time in nine months, boosting confidence the global recession is easing. (Mon, 04 May 2009 21:06:44 GMT)

Payday lending bill on the clock as legislative session winds down
Debate over a bill regulating payday lending will determine how much work the Senate gets done on th (Tue, 05 May 2009 01:14:42 GMT)

Indictments
MARION - A man accused of robbing a cash advance store two weeks ago was indicted by a Marion County grand jury on one count of robbery, a second-degree felony. (Tue, 05 May 2009 11:11:00 GMT)

NPS Pharmaceuticals Reports First Quarter 2009 Financial Results; Registration Studies Advance for Lead Product ...
BEDMINSTER, N.J.----NPS Pharmaceuticals, Inc. today reported its financial results for the first quarter of 2009. The company's net loss for the quarter improved to $10.7 million, or $0.22 per diluted share, as compared to $13.1 million, or $0.28 per diluted share, for the first quarter of 2008. (Tue, 05 May 2009 12:00:00 GMT)

Police identify accused robber killed in holdup
MOBILE, Ala. -- Police released the name today of the 22-year-old man they said was fatally shot as he and another man tried to rob a payday loan operation Monday afternoon on Old Pascagoula Road in Tillman's Corner. The dead... (Tue, 05 May 2009 14:42:11 GMT)

Payday loan manager pleads guilty to theft
WENATCHEE — The former manager of a Wenatchee payday loan store has admitted to stealing from the company. (Tue, 05 May 2009 16:01:12 GMT)

Ncr 4.19 Two teams advance, one eliminated
Tuesday was a busy day for local teams, as three West Side squads fought to keep their playoff hopes alive. Free meals on Wednesdays Starting Wednesday, area residents can enjoy a free meal in Callahan once a week. (Tue, 05 May 2009 16:28:46 GMT)

House Democrats agree on cash for clunkers, differ on energy, climate rules
WASHINGTON - Key lawmakers agreed Tuesday on a strategy for replacing gas-guzzling cars with more fuel-efficient models, but much tougher negotiations lie ahead on a bill that would, for the first time, limit emissions linked to global warming. (Tue, 05 May 2009 16:45:55 GMT)

Imperium Watch: Raising the Rake
Complaints about high rates of credit card interest, payday loans and other types of predatory lending are usually framed in terms of their effects on the borrower, which are bad enough. But in "Infinite Debt: How unlimited interest rates destroyed the economy" ( Harper's Magazine, April,... (Tue, 05 May 2009 19:16:03 GMT)

Lake Shore Gold Continues to Advance Projects on Schedule and Budget and to Achieve Exploration Success in First ...
TORONTO, ONTARIO--(Marketwire - May 5, 2009) - Lake Shore Gold Corp. (TSX:LSG) ("Lake Shore Gold" or "the Company") today reported financial and operating results for the first quarter of 2009. Key operating highlights of the quarter included: - Commencing the processing of development ore from the Timmins Mine advanced exploration program at the Bell Creek Mill with the Company continuing to ... (Tue, 05 May 2009 20:02:33 GMT)

U.S. House Energy commitee agrees on 'cash for clunkers'
WASHINGTON Key lawmakers agreed Tuesday on a strategy for replacing gas-guzzling cars with more fuel-efficient models, but much tougher negotiations lie ahead on a bill that would, for the first time, limit emissions linked to global warming. President Barack Obama summoned three dozen House Democrats to the White House in an effort to build consensus around climate and energy legislation that ... (Tue, 05 May 2009 20:08:39 GMT)

Payday loans targeted by stiffer legislation
VICTORVILLE • People who depend on a short term loan to get through to another payday could see their money pool drying up if Congress passes a new bill. The bill, HR 1214 sponsored by Rep. Luis Gutierrez, (D-Ill) Chairman of the Subcommittee on (Wed, 06 May 2009 00:02:42 GMT)

Blackberry co-CEO makes offer to buy Coyotes
TORONTO (AP) -- BlackBerry boss Jim Balsillie is looking to buy the cash-strapped Phoenix Coyotes and move them to Ontario. (Wed, 06 May 2009 01:10:04 GMT)

Head of BlackBerry Offers to Move N.H.L. Coyotes to Canada
Jim Balsillie, the head of BlackBerry, has made a $212.5 million offer to buy the cash-strapped Phoenix Coyotes, which is conditional on the Coyotes relocating to Canada. (Wed, 06 May 2009 02:21:39 GMT)

Cash stores stay guarded
A Mobile robbery turned deadly at a Cash-N-A-Dash Store on Monday. The robbery is also causing quite a stir among local cash advance stores. FOX10 News spoke with one manager about the need to stay protected. (Wed, 06 May 2009 03:44:54 GMT)

SC senators to resume payday lending debate
COLUMBIA, S.C. (AP) - Debate about the future of the payday lending industry in South Carolina is getting under way again. The Senate will discuss imposing tougher regulations Wednesday after briefly talking about the issue Tuesday. (Wed, 06 May 2009 08:20:17 GMT)

House Democrats agree on cash for clunkers, differ on energy, climate rules
WASHINGTON (AP) — Key lawmakers agreed Tuesday on a strategy for replacing gas-guzzling cars with more fuel-efficient models, but much tougher negotiations lie ahead on a bill that would, for the first time, limit emissions linked to global warming. (Wed, 06 May 2009 08:35:25 GMT)

EasyJet Loss Widens as Fuel Payments Offset Advance in Sales
May 6 (Bloomberg) -- EasyJet Plc , Europe’s second-biggest discount airline, said its first-half loss widened as the carrier’s jet-fuel contracts prevented the company from benefiting from the falling price of oil. (Wed, 06 May 2009 08:40:27 GMT)

Regulate payday lending
Not passing a payday lending bill this session is better than passing a bad payday lending bill. (Wed, 06 May 2009 11:17:32 GMT)

Senators to resume payday lending debate
Debate about the future of the payday lending industry in South Carolina is getting under way again. (Wed, 06 May 2009 12:07:51 GMT)

WorldWinner Turns MONOPOLY Money Into Real Cash With Online Tournaments
Online game enthusiasts pass GO! and advance to the nearest MONOPOLY Downtown property. Today, WorldWinner, a subsidiary of GSN and provider of online game competitions, announced that MONOPOLY Downtown, a twist on Hasbro's classic board game, is available for cash and prizes at WorldWinner.com. (Wed, 06 May 2009 13:00:00 GMT)

WorldWinner Turns MONOPOLY Money Into Real Cash With Online Tournaments
MR. MONOPOLY Helps Online Game Lovers Build Their Gaming Empires and Compete for Cash and Prizes (Wed, 06 May 2009 13:52:55 GMT)

SC senators to resume payday lending debate
The House plan would let consumers take out 10 loans before taking a break. (Wed, 06 May 2009 14:01:45 GMT)

SC Lawmakers Debate Over Payday Loans
Debate about the future of the payday lending industry in South Carolina is under way again. (Wed, 06 May 2009 15:13:45 GMT)

Payday lending talks to resume today in the Senate
The bill the Senate is now discussing sets a minimum of two days between loans and a maximum borrowing amount of $500. It also sets up a state-run database to keep people from having more than one loan. (Wed, 06 May 2009 16:46:01 GMT)

SC senators to resume payday lending debate
Published: Wednesday, May 6, 2009 at 12:30 p.m. Last Modified: Wednesday, May 6, 2009 at 12:30 p.m. COLUMBIA — Debate about the future of the payday lending industry in South Carolina is getting under way again. (Wed, 06 May 2009 16:56:08 GMT)

Superior Plus Announces a 10% Increase in First Quarter Adjusted Operating Cash Flow per Share
HIGHLIGHTS (Wed, 06 May 2009 17:42:00 GMT)

Open Text to Buy Vignette for About $310 Million (Update2)
May 6 (Bloomberg) -- Open Text Corp. agreed to buy Vignette Corp. for about $310 million in cash and stock to add programs that help companies manage documents and Web sites. Vignette surged the most in more than eight years in Nasdaq trading. (Wed, 06 May 2009 21:02:50 GMT)

SC senators resume payday lending debate
COLUMBIA, S.C. (AP) - Legislators have begun debating the future of the payday lending industry in South Carolina. Sen. Gerald Malloy of Darlington told the Senate on Wednesday the industry preys on low income residents. (Wed, 06 May 2009 22:49:46 GMT)

Senate tables payday lending bill; debate to continue Thursday
COLUMBIA -- The Senate on Wednesday rejected a proposal for tougher regulations on the payday lending industry, but debate will continue today. (Thu, 07 May 2009 01:40:21 GMT)

Big Ideas bring in cash
MEADVILLE -- A desire to keep patients free of infection led to a business plan that has earned two Crawford County doctors $100,000 to advance their efforts. (Thu, 07 May 2009 04:13:26 GMT)

Asian Currencies Advance, Led by Korean Won, on Risk Appetite
May 7 (Bloomberg) -- Asian currencies strengthened, led by the South Korean won and Indonesia’s rupiah, as growing evidence a global recession is easing bolstered demand for emerging- market assets. (Thu, 07 May 2009 04:13:33 GMT)

Senate tables payday lending bill
COLUMBIA -- The Senate on Wednesday rejected a proposal for tougher regulations on the payday lending industry, but debate will continue today. (Thu, 07 May 2009 06:31:01 GMT)

Home-baked treats, crepes will warm Mom's heart
Buying gourmet muffins for a Mother's Day treat is a nice idea, but it can set you back some serious cash if you head to a fancy bakery. For less than 50 cents each, you can bake a dozen tasty banana-coconut muffins in less than an hour. And, with a few simple tweaks, this recipe can perform triple duty as a deluxe quick bread or pancake batter. (Thu, 07 May 2009 07:18:01 GMT)

Asian Currencies Advance, Led by Korean Won, on Risk Appetite
May 7 (Bloomberg) -- Asian currencies rose, led by the South Korean won, as better-than-expected labor data from the U.S., New Zealand and Australia added to evidence a global recession is easing, bolstering demand for emerging-market assets. (Thu, 07 May 2009 10:14:09 GMT)

SC debates tougher payday lending regulations
The strongest opponents of the payday lending industry lost a key vote in their bid to impose tougher regulations in South Carolina. (Thu, 07 May 2009 14:43:48 GMT)

Anglers Struggle During Crappie USA Tournament
Crappie USA held a qualifying event at Pioneer Cove on Kaw Lake Saturday. These anglers were competing for not only cash and prizes, but a chance to advance to the prestigious Cabela's Crappie USA Classic to be held at Columbus, Mississippi in the fall of 2009. (Thu, 07 May 2009 15:09:51 GMT)

Payday lending debate resumes
Senators are set to take up a bill regulating the states $150 million payday loan industry a day after proponents of tougher industry standards — ones that could put the industry out of business — were tuned back. (Thu, 07 May 2009 15:44:26 GMT)

Open Text buys Texas software company for US$310-million
Open Text Corp. agreed to buy Vignette Corp. for about US$310-million in cash and stock to add programs that help companies manage documents and Web sites. Vignette surged the most in more than eight years in Nasdaq trading. (Thu, 07 May 2009 16:22:36 GMT)

Cocoplans gets P61-M cash infusion for trust fund deficiency
Cocoplans Inc. assured its planholders that it has enough cash and other assets to meet its obligations, with its parent company Cocolife set to infuse P61 million to cover for its trust fund deficiency. (Thu, 07 May 2009 17:24:33 GMT)

SC Senators Resume Payday Lending Debate
The South Carolina Senate resumed its debate Wednesday afternoon on a bill to put new restrictions on payday lenders, with some critics of the industry saying they’d rather pass nothing than a weak bill. WJBF News Channel 6’s SC Capitol reporter, Robert Kittle, has more. (Thu, 07 May 2009 18:20:37 GMT)

Traders cash in winnings after week's huge gains
Investors locked in profits Thursday following big gains earlier in the week. Weak demand at a Treasury bond auction also touched off worries about the government's ability to raise funds to fight the recession. (Thu, 07 May 2009 18:35:06 GMT)

US Cash Grain Review: Fewer Grain Trains, Soy Rally Derails
CENTRAL CITY, Neb. (Dow Jones)--Movement of cash grain by train continues to slow, with USDA reporting that U.S. railroads originated only 16,847 carloads of grain during the past reporting week, down 10% from the previous week and down 30% from year-ago volume levels. (Thu, 07 May 2009 20:07:27 GMT)

Provident Announces 2009 First Quarter Results and May Cash Distribution
CALGARY, ALBERTA--(Marketwire - May 7, 2009) - Provident Energy Trust (TSX:PVE.UN)(NYSE:PVX) - All values are in Canadian dollars and conversion of natural gas volumes to barrels of oil equivalent (boe) are at 6:1 unless otherwise indicated. Provident Energy Trust (Provident) (TSX:PVE.UN)(NYSE:PVX) announces its 2009 first quarter interim financial and operating results and the May cash ... (Thu, 07 May 2009 20:42:49 GMT)

Traders cash in winnings after week's huge gains
Investors heard some more good news about the economy Thursday but locked in profits anyway following huge gains earlier in... (Thu, 07 May 2009 21:11:03 GMT)

Paterson throws MTA boss under the bus
Advance file photoElliot Sander, the head of New York City's mass transit agency resigned today, hours after Gov. David Paterson said the cash-strapped authority needed a "widespread cleanup." The head of New York City's mass transit agency resigned today, hours... (Fri, 08 May 2009 00:03:01 GMT)

Payday lending fight goes on
A deal to settle Senate differences over regulating payday lending stalled Thursday, though lawmakers said they closed ground in behind-the-scenes negotiations with industry giant Advance America. (Fri, 08 May 2009 04:10:49 GMT)

Group takes aim at payday loans
CHEYENNE -- The number of payday lending businesses in Wyoming has more than doubled and the amount of money lent by those businesses has more than tripled since 2000, according to a children's advocacy organization that supports legislation to rein in the industry. (Fri, 08 May 2009 04:26:39 GMT)

Northgate Minerals Generates Cash Flow from Operations of $45.2 Million in the First Quarter
All figures in US dollars except where noted) - Northgate Minerals Corporation today reported net earnings of $21,410,000 or $0.08 per diluted common share and cash flow from operations of $45,202,000 or $0.18 per diluted common share for the first quarter of 2009. (Fri, 08 May 2009 10:30:00 GMT)

Stocks Advance, Led by Citigroup, RBS, Mizuho; Crude Oil Gains
May 8 (Bloomberg) -- Stocks climbed around the world after Federal Reserve Chairman Ben S. Bernanke said the U.S. review of the banking industry’s health “should provide considerable comfort.” Oil rose, heading for its biggest weekly gain since March, on speculation the recession is easing. (Fri, 08 May 2009 12:27:13 GMT)

Group takes aim at payday loans in Wyoming
The number of payday lending businesses in Wyoming has more than doubled and the amount of money lent by those businesses has more than tripled since 2000, according to a children's advocacy organization that supports legislation to rein in the industry. (Fri, 08 May 2009 14:59:53 GMT)

Big banks launch dash for cash
Now that the results of the federal banking regulators’ stress tests of the 19 largest U.S. banks is complete, the scramble is about to begin for the 10 that need additional capital. (WFC) (FITB) (Fri, 08 May 2009 15:13:07 GMT)

Natural Gas Rises Toward Biggest Weekly Advance Since 2006
May 8 (Bloomberg) -- Natural gas futures surged, heading for the biggest weekly gain in more than two years, amid signs the worst of the recession has passed and demand for the industrial fuel may begin to pick up. (Fri, 08 May 2009 19:02:53 GMT)

Natural Gas Surges to Biggest Weekly Advance Since October 2006
May 8 (Bloomberg) -- Natural gas futures surged 22 percent this week, the biggest gain in more than two years, amid signs the worst of the recession has passed and demand for the industrial fuel may begin to pick up. (Fri, 08 May 2009 22:18:41 GMT)

Soybean Cash Premiums Narrow as U.S. Exporters Slow Purchases
May 8 (Bloomberg) -- Cash bids for U.S. soybeans at export terminals near New Orleans narrowed their premium relative to Chicago Board of Trade futures, as exporters slowed purchases to limit the risk that dry weather will accelerate planting. (Fri, 08 May 2009 23:44:09 GMT)

Local News Digest
Tinley Park Payday loan store robbed A man wearing a fake, paper mustache robbed a payday loan business at gunpoint Friday afternoon, police said. Police said the robber walked into Advanced America, 16022 Harlem Ave., at 11:30 a.m., displayed a handgun and demanded money. He then fled on foot with an unknown amount of money, police said, and no one was injured. The robber wore black ... (Sat, 09 May 2009 09:43:50 GMT)

More than 1,100 city workers to be laid off
More than 1,100 city employees -- none sworn police officers or firefighters -- will receive layoff notices in the next two weeks unless their unions agree to take 14 days off without pay and comp time instead of cash overtime, alderman were told this week. (Sat, 09 May 2009 10:27:39 GMT)

Scare Tactic or Not, 1,100 City Workers to be Laid Off
AP Photo The state of the economy, and a looming $300 million budget gap has left at least 1,100 city employees at risk of being laid off if their unions do not agree to two weeks of unpaid downtime instead of cash overtime. According to the Sun-Times , "Most union contracts require employees targeted for layoff to be notified 30 days in advance. During closed-door briefings this week, aldermen ... (Sat, 09 May 2009 19:44:53 GMT)

More Than 1,100 City Workers to be Laid
More than 1,100 city employees -- none sworn police officers or firefighters -- will receive layoff notices in the next two weeks unless their unions agree to take 14 days off without pay and comp time instead of cash overtime, alderman were told this week. (Sat, 09 May 2009 21:33:04 GMT)

Restaurants cash in on a busy weekend
It's a big week for area restaurants between Syracuse University's graduation and Mother's Day, they are looking to cash in. (Sun, 10 May 2009 03:18:42 GMT)

Thriving Afghan drug trade has friends in high places
KANDAHAR, Afghanistan — When it's harvest time in the poppy fields of Kandahar, dust-covered Taliban fighters pull up on their motorbikes to collect a 10 percent tax on the crop. Afghan police arrive in Ford Ranger pickups — bought with U.S. aid money — and demand their cut of the cash in exchange for promises to skip the farms during annual eradication. (Sun, 10 May 2009 04:27:05 GMT)

Tudela workers to receive wages next week
BELEAGUERED employees of the Tudela municipal hall have something to cheer them up after the Cebu provincial government issued a cash advance that would cover their unpaid salaries from Feb. 15 to April 30. (Sun, 10 May 2009 04:29:29 GMT)

Days of handwriting, cramps mercifully gone
If today's column has a typo or three, let me apologize in advance.I'm suffering from writer's cramp, and my fingers aren't as nimble as they need to be.Writer's cramp was an occupational hazard in my early days as a reporter. Back then I took most o ... (Sun, 10 May 2009 05:33:37 GMT)

Housing loan help attracts new scams
Faulty oversight and outright scams helped send the housing market into a tailspin. Efforts to bring the market back are attracting new scams. (Sun, 10 May 2009 07:02:26 GMT)

Getting a summer job takes work
RALEIGH, N.C. -- For teenagers, a summer job is a rite of passage and a chance to earn some cash. (Sun, 10 May 2009 10:05:45 GMT)

India cash rates steady; excess liquidity helps
MUMBAI, May 11 (Reuters) - Indian overnight cash rates were little changed on Monday as excess cash with banks comfortably met demand in the first week of the reporting cycle. (Mon, 11 May 2009 06:07:06 GMT)

Oil Falls From Six-Month High as Global Supplies to Increase
May 11 (Bloomberg) -- Crude oil fell from a six-month high on speculation last week’s 10 percent advance won’t be sustained as global output increases. (Mon, 11 May 2009 07:22:22 GMT)

Roche Partners With Tekmira Pharmaceuticals to Advance RNAi Product Candidates
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 11, 2009) - Tekmira Pharmaceuticals Corporation (TSX:TKM) announced today that it has entered into a product development agreement with global healthcare company Roche (SWX:ROG.VX)(SWX:RO.S)(OTCQX:RHHBY) to advance Roche's first two RNA interference (RNAi) product candidates into human clinical testing. Both of the product candidates will be based ... (Mon, 11 May 2009 12:13:09 GMT)

Wall Street falls following steep rally last week
NEW YORK -- Investors cashed in some of their gains today as financial stocks pulled back following last week's advance. (Mon, 11 May 2009 14:10:27 GMT)

Wall Street falls following steep rally last week
Investors are cashing in some of their gains as financial stocks pull back following last week's advance. (Mon, 11 May 2009 14:14:46 GMT)

Wall Street falls as investors cash in gains
Investors cashed in some of their gains Monday as the financial industry pulled back following last week's advance. (Mon, 11 May 2009 15:26:05 GMT)

Roche Partners With Tekmira Pharmaceuticals to Advance RNAi Product Candidates
Vancouver, BC, May 11, 2009--(T-Net)--Tekmira Pharmaceuticals Corporation (TSX:TKM) announced today that it has entered into a product development agreement with global healthcare company Roche (SWX:ROG.VX; SWX:RO.S) to advance Roche's first two RNA interference (RNAi) product candidates into human clinical testing. (Mon, 11 May 2009 15:36:55 GMT)

Business Owners Should Prepare in Advance for Severe Summer Weather and Other Disasters
NEW ORLEANS----As hurricane season approaches, Capital One Bank N.A. today released an updated disaster-planning checklist for businesses that is available on www.capitalonebank.com/disasterplanning. (Mon, 11 May 2009 15:40:00 GMT)

Dow falls following rally last week as investors cash in
In midmorning trading, the Dow Jones fell 128.16, or 1.7 percent, to 8,446.59. (Mon, 11 May 2009 15:55:08 GMT)

Wall Street falls as investors cash in gains
Investors cashed in some of their gains Monday as the financial industry pulled back following last week's advance. (Mon, 11 May 2009 17:12:41 GMT)

Street Slows On Profit Taking
Investors cash out gains, consider bank plans to boost capital, repay TARP. (Mon, 11 May 2009 18:41:48 GMT)

Chrysler Utilities Seek More Cash for Power Contracts (Update2)
Verizon Communications Inc. and utility companies including Commonwealth Edison Co., Detroit Edison Co., Michigan Consolidated Gas Co. and Duke Energy Indiana said separately today that the $5.9 million Chrysler proposed depositing in an escrow account to cover reduced monthly bills isn’t enough. (Mon, 11 May 2009 20:02:54 GMT)

Setanta hoping for extra time reprieve as debts pile up
THEY’RE one nil down and time’s nearly up. Cash-strapped broadcaster Setanta needs to find just over €100m to meet its short-term obligations to the Premiership and the English FA. (Mon, 11 May 2009 23:56:36 GMT)

Star 50 | The top 50
Tue, 12 May 2009 03:22:51 GMT)

Baiting Nigerian scammers for fun (not so much for profit)
When your hobby is baiting 419 scammers (also known as Nigerian scammers or advance-fee fraudsters), a death threat isn't cause for concern—it's a trophy worth bragging about to your friends. Scam baiters are the vigilante enforcers who come together to waste hours, weeks, or months of 419 scammers' lives for nothing more than the satisfaction of knowing that they are distracting them from real ... (Tue, 12 May 2009 03:46:40 GMT)

When it comes to 529 plans, don’t ‘set it and forget it’
One new parent asked me recently: “Is it a good time to start a college fund? Our daughter is only 1, but we haven’t put any money away for her. Should we just put some in a regular savings account versus a 529 plan?“ I know the inclination now is to flee to the safety of a savings account for your cash. But despite the tumultuous stock market, I still believe that a 529 college savings plan is ... (Tue, 12 May 2009 04:04:34 GMT)

Senators seeking payday lending accord
After months of wrangling over payday lending, the Senate could decide today on regulations for the $155 million industry. Lawmakers left open the doors to a possible deal with payday lending representatives when the two sides broke off talks last week, though there are few signs of progress. (Tue, 12 May 2009 04:10:24 GMT)

Limited mileage from closed gas stations
Many stations in NE Phoenix closed due to economy. (Tue, 12 May 2009 04:10:48 GMT)

Pass tough payday rules or none at all
LAWMAKERS HAVE spent the past few years wrangling over payday lending as if the legalized loan sharks extracting tens of millions of dollars from South Carolinians are as important as this state’s consumers. (Tue, 12 May 2009 04:24:44 GMT)

Limited mileage from closed gas stations
Stations in NE Phoenix close due to economy. (Tue, 12 May 2009 07:15:46 GMT)

Social Insecurity Sooner?
Medicare and Social Security could run out of cash faster than last predicted, gov't report expected to show • Senate Proposes Bill to Lower Credit Card Rates • Trade Deficit Widens to $27.6 Billion in March • Analysts Urge Caution on Health Industry Promises • Soda Tax Mulled to Help Fund Health Care Overhaul (Tue, 12 May 2009 07:56:29 GMT)

UC Merced scrambling for cash
The University of California at Merced has secured an additional $30,000 from sponsors willing to help defray the cost of Saturday's commencement ceremony. (Tue, 12 May 2009 08:22:34 GMT)

Annual Checkup for Social Security and Medicare
Analysts say they expect programs to run out of cash sooner than last predicted. (Tue, 12 May 2009 11:13:05 GMT)

Report on Social Security and Medicare out today; analysts expect programs to run out of cash sooner than predicted
WASHINGTON (AP) -- The financial health of the government's two biggest benefit programs may have slipped over the past year, reflecting the deep recession that has already bitten into other areas of the budget.... (Tue, 12 May 2009 14:31:21 GMT)

Social Security, Medicare checkup out today expected to be grim
The trustees for Social Security and Medicare are scheduled to provide their annual report on the finances of both programs today. In advance of the release, many private analysts said they expected both programs could run out of cash sooner than last predicted. (Tue, 12 May 2009 15:01:28 GMT)

Dodd: Movement To Cap Credit Card Interest Rates Growing
Sen. Chris Dodd (D-Conn.) released the text of his credit card reform package on Monday and we posted it online , asking for your thoughts. More than 90 percent of readers who wrote in wanted to know why there was no cap on interest rates as part of the bill. So we asked Dodd about the omission. (Tue, 12 May 2009 16:20:35 GMT)

Corporations reap millions parking cash at Canada Revenue Agency
OTTAWA - It's the kind of scheme you'd expect the Canada Revenue Agency to bust wide open, yet it's happening under its own roof. (Tue, 12 May 2009 18:18:00 GMT)

Lawmakers say payday lending bill may die
Some South Carolina lawmakers say the Legislature's best shot in years at passing payday lending restrictions could soon die. (Tue, 12 May 2009 19:13:40 GMT)

Bravo Receives Exchange Approval to Pay Advance Royalty Payment in Shares for Woewodski Island
VANCOUVER, BRITISH COLUMBIA-- - Bravo Venture Group reported today that the Company has received TSX Venture Exchange approval to issue 200,000 shares at a deemed price of US$0.375 per share to pay advance minimum royalty payments to the Optionor of the mineral claims owned by Bravo on Woewodski Island, Alaska. (Tue, 12 May 2009 20:09:06 GMT)

Bravo Receives Exchange Approval to Pay Advance Royalty Payment in Shares for Woewodski Island
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 12, 2009) - Bravo Venture Group (TSX VENTURE:BVG)(FRANKFURT:B6I) reported today that the Company has received TSX Venture Exchange approval to issue 200,000 shares at a deemed price of US$0.375 per share to pay advance minimum royalty payments to the Optionor of the mineral claims owned by Bravo on Woewodski Island, Alaska. Bravo has fulfilled all ... (Tue, 12 May 2009 20:15:43 GMT)

Cash America to make private offering of convertible notes
Payday lender Cash America International Inc. said it plans to privately offer up to $100 million of convertible senior notes due 2029 and use a portion of the proceeds to repay debt. (Tue, 12 May 2009 22:15:34 GMT)

Ports. police seek robbery suspects
PORTSMOUTH, Va. - Portsmouth police are looking a suspect they say robbed employees of a Cash Advance business on Stamford Rd., Monday. Witnesses describe the suspect as a black male, about 5'9" - 6' tall, around 170 - 180 pounds, wearing all dark clothing. The suspect was armed. (Wed, 13 May 2009 00:26:11 GMT)

Payday lending bill ‘on life support’
Lawmakers think the clock is working against them in their attempt to regulate the payday loan industry, as chances of a deal diminish with each passing day. (Wed, 13 May 2009 04:06:06 GMT)

Yachts Land at Cannes Sans Buyers as Films Seek Distributors
May 13 (Bloomberg) -- The Cannes Film Festival opening today looks less like “The Great Gatsby” and more like “Risky Business” as 4,000 independent movies vie for the attention of cash-strapped distributors. (Wed, 13 May 2009 04:26:21 GMT)

Payday lending bill ‘on life support’ as Legislative session nears end
Lawmakers think the clock is working against them in their attempt to regulate the payday loan industry, as chances of a deal diminish with each passing day. (Wed, 13 May 2009 05:04:30 GMT)

Asian stock markets advance but caution lingers
Asian stock markets rose moderately Wednesday, led by oil companies on stronger crude prices, but investors remained cautious as an enormous spring rally showed signs of fatigue. (Wed, 13 May 2009 05:55:25 GMT)

Ailing Cash steps up for Cienega
The Cienega Bobcats proved Tuesday that they are willing to do whatever it takes to win and advance in the state tournament. (Wed, 13 May 2009 07:19:13 GMT)

Police eventually catch up with dealer
KITCHENER (May 13, 2009) -- A drug dealer with a quick tongue gave a good-hearted Waterloo Regional Police officer the slip in the fall of 2006. (Wed, 13 May 2009 08:34:07 GMT)

1 2 3 Next