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Cash Advance News Jan 2007

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Westview boys going to tourney semifinals
Westview held off the Angola Hornets 50-44 Wednesday at Angola, earning a spot in semifinals of the Northeast Corner Conference tournament. “It’s nice to advance against a very good team on the road,” Warriors coach Rob Yoder said. “We’re proud of our kids.” (Thu, 11 Jan 2007 16:34:54 GMT)

Utah Media Advisory on Payday Lending
The Payday Loan Industry is misunderstood. (Thu, 11 Jan 2007 17:00:00 GMT)

Hitman spam threatens users for cash
Spam email pretending to be from a hired killer is being sent out in an effort to blackmail recipients for up to $80,000. (Thu, 11 Jan 2007 18:34:00 GMT)

Rams Rush Back, Finish A Shot Short
After an uninspiring first half and being down by a dozen with a quarter and a half to go, the Shelbyville freshmen boys “Ram-peded” their way back into the game and had a couple of attempts at winning at the buzzer, but couldn’t cash in, losing at home to Hillsboro on Monday, 46-44. (Thu, 11 Jan 2007 20:08:53 GMT)

Woman sentenced for stealing money using fake loans
A Lynchburg woman who embezzled $8,000 from a payday loan business will serve 10 days in the Amherst County Jail. Lashaun Patrice Smith, 33, pleaded guilty in Amherst Circuit Court on Tuesday and was sentenced to 13 years in prison. All but 10 days were suspended. (Thu, 11 Jan 2007 22:08:30 GMT)

12:45PM
NEW YORK - It is an aptly corny name for a slice of old Florida that all these years has defied the relentless advance of high-end apartments and splashy hotels. (Fri, 12 Jan 2007 01:06:42 GMT)

Dodgers offer all-you-can eat seats
Buy me some peanuts and Cracker Jack ... and throw in a dozen Dodger Dogs, too. (Fri, 12 Jan 2007 02:16:41 GMT)

Dodger Stadium offers all-you-can-eat seats
Read full story for latest details. (Fri, 12 Jan 2007 02:50:38 GMT)

Time to Escort Bush From the Casino?
The president's "twenty minutes for twenty thousand" speech was a controversial, frustrating but extremely important moment in American history. We knew what President Bush was going to say in advance... (Fri, 12 Jan 2007 05:25:36 GMT)

Rein in payday lenders
The payday lending industry will tell you it provides a needed service. Its customers lack access to traditional forms of credit and have such poor credit histories they cannot obtain loans or credit cards. These lenders lend money to people who need a few hundred dollars to cover some checks, keep the utilities turned on or even buy food. These establishments tend to be clustered in areas that ... (Fri, 12 Jan 2007 07:07:27 GMT)

Dodgers to have all-you-can-eat seats
The Dodgers will give fans all-you-can-eat seats next season. The right-field pavilion at Dodger Stadium will be converted to allow 3,000 fans as many hot dogs, peanuts, popcorn, nachos and sodas as they want - all for $35 in advance and $40 on gameday. Beer and ice cream are not included. (Fri, 12 Jan 2007 08:42:50 GMT)

Samsung Shares Advance as Buyback Overshadows Profit Decline
Jan. 12 (Bloomberg) -- Samsung Electronics Co. shares had their biggest gain in almost five months after the company said it will return $2.7 billion to stockholders through buybacks and dividends, overshadowing a drop in fourth-quarter profit. (Fri, 12 Jan 2007 09:44:55 GMT)

Scam contract killer email on the loose
Tom Young, Computing , Friday 12 January 2007 at 00:00:00 Email demands $80,000 (£52,960) A new spam campaign purporting to come from a professional hitman is attempting to frighten recipients into parting with cash.  The email says the recipient has been stalked by a hired... > Read the full article (Fri, 12 Jan 2007 13:08:37 GMT)

Retail Sales Rise, Inventories Also Up
WASHINGTON (AP) - Retail sales rose in December at the strongest pace in five months, indicating that the all-important holiday shopping season turned out better than original reports indicated. The Commerce Department said Friday that retail sales increased 0.9 percent last month, the strongest showing since a 1.4 percent increase in July. The increase was better than the 0.7 percent advance ... (Fri, 12 Jan 2007 14:03:02 GMT)

Retail sales rise, inventories also up
Retail sales rose in December at the strongest pace in five months, indicating that the all-important holiday shopping season turned out better than original reports indicated. (Fri, 12 Jan 2007 15:18:19 GMT)

Company Profile for First Cash Financial Services, Inc.
----First Cash Financial Services, Inc. is a leading provider of specialty consumer financial services and related retail products. Its pawn stores make small loans secured by pledged personal property, retail pawned merchandise acquired through loan forfeitures and in certain locations provide short-term advances and credit services products. (Fri, 12 Jan 2007 15:40:00 GMT)

Brothers pick up where Dad left off
MUSCATINE, Iowa — Two brothers remember their father through legacy. Mike and Jeff Steele continue to operate nearly 50 payday loan and e-filing tax businesses created by their father, Don Steele. (Fri, 12 Jan 2007 21:11:39 GMT)

Dodger Stadium offers all-you-can-eat seats
Read full story for latest details. (Fri, 12 Jan 2007 21:53:25 GMT)

Dodgers' Fans Tune: Buy Me Some 'All-You-Can Eat' Peanuts ..
A section at the Los Angeles home team's stadium will be designated "all-you-can eat," offering around 3,000 fans as many hot dogs, peanuts, popcorn, nachos and soda they want at a cost of $35 in advance and $40 on gameday. (Sat, 13 Jan 2007 04:00:31 GMT)

S.C. House to look into payday lending limits
S.C. House members will soon consider limits on payday lending, including caps on annual interest rates and restrictions on the number of loans consumers can hold. (Sat, 13 Jan 2007 05:05:16 GMT)

Jonathan & Lisa: Two fo the show, one with God
In that unmistakable bass, Johnny Cash's voice rang through Columbus Coffee Co. late Tuesday morning. (Sat, 13 Jan 2007 08:04:59 GMT)

Lottery scam widespread
PATERSON – Deborah Zavattaro knew it was too good to be true, which is why she didn't fall for an elaborate scheme that could have bilked her family out of a couple of thousand dollars. (Sat, 13 Jan 2007 14:30:06 GMT)

Army modernisation plans hit by Rs 6,500-cr cut
The Army is staring down an empty barrel, having failed to pay up for initiating procurement of certain key equipment after the Finance Ministry withdrew Rs 6,500 crore from its last year's budget allocation. This happened just a month before the end of the financial year. The worst-hit is the infantry which had a couple of important surveillance equipment in the pipeline. The initial ... (Sat, 13 Jan 2007 20:50:27 GMT)

Air passengers face chaos over new ticket tax
AIR travellers face chaos next month as carriers try to charge extra money for tickets paid for months ago before an increase in air tax. (Sun, 14 Jan 2007 00:13:38 GMT)

Her name is Susan, and she's a stunner ...
... or should that read 'scammer'? When Gareth Rubin tried online dating, he won the heart of a woman sorely in need of a loan (Sun, 14 Jan 2007 00:19:46 GMT)

Nardelli's big payday was set on day one
Bob Nardelli's controversial exit from Home Depot this month was scripted before he ever walked in the door of the Atlanta-based retail giant. The $210 million payout Nardelli got for leaving its helm may have been the final chapter of this corner-office tale, but it certainly wasn't a surprise ending. The beginning of the story, woven by interlocking board and business ties, a "super lawyer" and ... (Sun, 14 Jan 2007 01:57:44 GMT)

MLB Notebook: Bonds has issues with posse rule
Even before reports of Barry Bonds' positive amphetamine test surfaced late this week the Giants were having problems dotting the i's and crossing the t's of a contract the two sides agreed to more than a month ago. (Sun, 14 Jan 2007 05:20:06 GMT)

Nardelli payday set on day one
Bob Nardelli's controversial exit from Home Depot this month was scripted before he ever walked in the door of the Atlanta-based retail giant. The $210 million payout Nardelli got for leaving its helm may have been the final chapter of this corner-office tale, but it certainly wasn't a surprise ending. The beginning of the story, woven by interlocking board and business ties, a "super lawyer" and ... (Sun, 14 Jan 2007 07:12:34 GMT)

Brothers pick up where Dad left off
MUSCATINE, Iowa — Two brothers remember their father through legacy. Mike and Jeff Steele continue to operate nearly 50 payday loan and e-filing tax businesses created by their father, Don Steele. (Sun, 14 Jan 2007 07:27:53 GMT)

MONDAY
Meeting, Kiwanis Club of State College, 5:45 p.m., Ramada Inn, 1450 S. Atherton St., State College, 237-4089. Reservations due for Pennsylvania CareerLink Centre County Employer Advisory Council workshop, noon to 1:30 p.m. Tuesday, Pennsylvania CareerLink, Suite 2, 1300 Benner Pike, State College. Matthew Hertert, of Centre Chiropractic, presents "Workplace Ergonomics, Are You Compliant?" $5. ... (Sun, 14 Jan 2007 08:15:22 GMT)

Briefs
CENTEREACH BANK ROBBERY THWARTED. An alert motorist helped police catch a masked man who tried to rob a Centereach bank, police said yesterday. After the would-be robber fled North Fork Bank, 2100 Middle Country Rd., on Friday, the motorist noticed a car speeding from the bank's lot. The motorist recorded the license plate number and called 911, police said. Based on the car's registration, ... (Sun, 14 Jan 2007 09:21:44 GMT)

Alaska's rules for payday lending
• Lenders must be licensed. • Borrowers get a written statement showing fees as dollar amount and as an annual percentage rate. • Lenders can't make more than one $500 loan to an individual at one time. (Sun, 14 Jan 2007 10:08:04 GMT)

Aversion to U.S. stocks among mutual fund investors seen ending
U.S. investors last year put the least money into domestic stock funds in a rising market since 1989, according to industry statistics. Jeff Schappe of BB&T Asset Management Inc. says that's an encouraging sign. (Sun, 14 Jan 2007 11:11:47 GMT)

Any asset allocation formula is mostly arbitrary
Q: I have read your skeptical remarks about asset allocation, and would like to share the aggressive investment approach recommended by my broker, which involves the use of index funds. I put 50 percent into large-cap equity funds, 20 percent into small-cap... (Sun, 14 Jan 2007 11:48:46 GMT)

December retail sales rose at fastest rate in five months
WASHINGTON (AP) - Retail sales rose in December at the strongest pace in five months, indicating that the all-important holiday shopping season turned out better than original reports indicated. (Sun, 14 Jan 2007 15:28:20 GMT)

The `overheating' debate
There has been a public debate between the Finance Ministry and the RBI about whether the economy is showing signs of overheating. (Sun, 14 Jan 2007 19:00:25 GMT)

Movies rake it in over a ‘three-day weekend’
With Sankranti on Monday in effect making it a three-day weekend, the City’s film buffs have turned to their trusted hangouts — movie halls. With around eight new releases hitting theatres over the weekend, the queues before cinemas have been a touch longer than otherwise might have been. (Sun, 14 Jan 2007 20:36:10 GMT)

Sector-38 firm asked to pay up
The substandard material used in an electric chimney supplied by M/s Aste Appliances, Sector 38-C, has burnt a hole in the pocket of the company. The UT Consumer Commission has directed it to pay a fine of Rs 22,200 against the chimney whose price was Rs 6,800. A case against the company was filed by Daljit Singh, a resident of Mohali, who had purchased an electric chimney on hire-purchase ... (Sun, 14 Jan 2007 21:21:20 GMT)

Patrick Barkham on the risky deals of celebrity biography
Why did sales of Peter Kay's memoir take off when Ashley Cole's flopped? Patrick Barkham on the huge advances and risky deals of celebrity biography. (Mon, 15 Jan 2007 00:20:34 GMT)

Community Meetings
Submit your organization's meeting for immediate publication online at savannahnow.com/do/add_event or e-mail your meeting at least two weeks in advance to [email protected] or fax to 525-0796. Contact number must be listed. Community Meetings is printed Monday-Wednesday in the Accent section as space allows. For information, call 652-0310. To see more upcoming community meetings, visit ... (Mon, 15 Jan 2007 00:35:08 GMT)

Dance for the Class of '07!
You're invited to a Valentine Dance to benefit Gray-New Gloucester high School Class of 2007 Project Graduation. The dance will be at Spring Meadows Banquet Facilities on Friday, February 9, from 7:00 P.M. to 12 midnight. There'll be a DJ and a cash bar, and it's for adults aged 21 and over. (Mon, 15 Jan 2007 01:42:06 GMT)

Blair pledges increased military spending as he defends intervention
Tony Blair promised more cash for Britain's armed forces today as he defended his policy of intervention in countries such as Iraq and Afghanistan. (Mon, 15 Jan 2007 03:17:45 GMT)

S. Korea Eases Overseas Investment Rules to Curb Won (Update1)
Jan. 15 (Bloomberg) -- South Korea's government eased restrictions on overseas investments by individual investors and companies to help curb gains in the nation's currency. (Mon, 15 Jan 2007 03:44:14 GMT)

Scottsdale drugmaker gets $5.5M infusion
A small Scottsdale company is developing a potentially big drug that some day could help human lungs fight influenza or stave off the effects of radiation and anthrax attacks.{b} ImmuneRegen is seeking to tap into biodefense agency (Mon, 15 Jan 2007 07:58:10 GMT)

This Week
Saturday St. Thomas Aquinas High School will host a Texas Hold'em Tournament at 1 p.m. at the school, 2121 Reno Drive N.E., Louisville. Doors open at noon. $75, cash only, at the door. 330-875-1631 Ext. 304. (Mon, 15 Jan 2007 08:27:16 GMT)

Car title lending offers quick cash, big problems
Strapped for cash, James Haga of Marion, Va., took out a $1,600 loan last year, using his truck as collateral. In August, when he couldn't keep up with the escalating balance, Haga's Ford was repossessed. (Mon, 15 Jan 2007 08:49:01 GMT)

European Stocks Gain on Takeover Outlook; Smiths, EMI Advance
Jan. 15 (Bloomberg) -- European stocks climbed for a third day boosted by speculation last year's record amount of takeover deals will continue in 2007. (Mon, 15 Jan 2007 09:09:56 GMT)

China Foreign Currency Reserves Top $1 Trillion for First Time
Jan. 15 (Bloomberg) -- China's foreign-exchange reserves, the world's largest, topped $1 trillion for the first time at the end of 2006, adding pressure on the government to let the yuan appreciate faster. (Mon, 15 Jan 2007 10:44:14 GMT)

What are your tax e-paying options?
The IRS would like you to pay electronically. Here's a look at Uncle Sam's e-payment options. (Mon, 15 Jan 2007 11:00:00 GMT)

London midmorning: Smiths leads advance
London steered a steady course Monday as oil issues staged a recovery and Smiths Group soared after announcing the sales of its aerospace division. (Mon, 15 Jan 2007 11:05:11 GMT)

Outlook for stocks in 2007 seems just right
Q: We had a great stock market in 2006. What do you see for 2007? More of the same or a bump in the road? A: There appears to be a lot more investor optimism going into 2007 than a year ago, when stocks started at a slow crawl. The 2006 market advance pleasantly surprised and surpassed almost all expectations. (Mon, 15 Jan 2007 11:16:31 GMT)

China's Foreign Currency Reserves Top $1 Trillion (Update1)
Jan. 15 (Bloomberg) -- China's foreign-exchange reserves, the world's largest, topped $1 trillion for the first time, adding pressure on the government to let the yuan gain faster. (Mon, 15 Jan 2007 12:44:14 GMT)

McBride: SCO is Not Done Yet
In a letter sent to SCO ( Quote ) customers, SCO President and CEO Darl McBride assured his customers that the company is still doing all right. In the letter, written in advance of SCO's Jan. 17 fourth-quarter earnings report, McBride assures customers that SCO is not done yet. (Mon, 15 Jan 2007 16:02:59 GMT)

European exchanges advance
US markets were closed for Martin Luther King Day. In London the FTSE 100 index gained 0.9 per cent to close at 6263.50 points, while in Paris the CAC 40 rose 0.24 per cent to 5631.08, its highest level since May 2001. (Mon, 15 Jan 2007 19:33:09 GMT)

European exchanges advance
EUROPEAN stock exchanges were bouyant overnight, with surges recorded in Paris and Frankfurt on positive news from several heavyweight companies. (Mon, 15 Jan 2007 19:35:29 GMT)

Energy stocks help send TSX higher for 3rd day; NY closed for King holiday
TORONTO (CP) - Energy, tech and telecom stocks were the main leaders in a solid advance on the Toronto stock market Monday afternoon. (Mon, 15 Jan 2007 19:37:00 GMT)

Community Meetings
Submit your organization's meeting for immediate publication online at savannahnow.com/do/add_event or e-mail your meeting at least two weeks in advance to [email protected] or fax to 525-0796. Contact number must be listed. Community Meetings is printed Monday-Wednesday in the Accent section as space allows. For information, call 652-0310. To see more upcoming community meetings, visit ... (Mon, 15 Jan 2007 21:20:35 GMT)

Australian Dollar May Strengthen on Bets Interest Rates to Rise
Jan. 16 (Bloomberg) -- The Australian dollar may advance as traders increase bets on the Reserve Bank of Australia raising interest rates a fourth time in a year. (Mon, 15 Jan 2007 21:23:26 GMT)

Lawmakers hear testimony on short-term loans
HELENA - Lawmakers heard testimony Monday on a bill that would radically change the payday and title loan industries in Montana. (Mon, 15 Jan 2007 21:43:56 GMT)

Lawmakers hear testimony on short-term loans
HELENA - Lawmakers heard testimony Monday on a bill that would radically change the payday and title loan industries in Montana. The measure, sponsored by Rep. John Parker, D-Great Falls, at the request of the Department of Justice, would cap the inte ... (Mon, 15 Jan 2007 21:45:44 GMT)

Canadian Stocks Advance, Led by Energy Shares; Talisman Gains
Jan. 15 (Bloomberg) -- Canadian stocks rose for a third day, led by of energy producers, including Talisman Energy Inc., on speculation recent declines in their shares were unjustified. Financial shares, such as Manulife Financial Corp., advanced. (Mon, 15 Jan 2007 23:16:27 GMT)

Australian Dollar May Strengthen on Bets Interest Rates to Rise
Jan. 16 (Bloomberg) -- The Australian dollar may advance as traders increase bets the Reserve Bank of Australia will raise interest rates for a fourth time in the past year. (Mon, 15 Jan 2007 23:53:26 GMT)

Webber coming home to sign with Pistons
Chris Webber is ready to go home. "Joining the Pistons will allow me the opportunity to play the game I love in my hometown of Detroit surrounded by my family," Webber said Monday. (Tue, 16 Jan 2007 05:09:04 GMT)

Refund loans cost more than they're worth
There are a lot of recipes for financial disaster, but here's one that's simple, straightforward and common: Start by making an interest-free loan to a friend, so that your money is tied up,... (Tue, 16 Jan 2007 05:15:08 GMT)

Australian Dollar May Strengthen on Bets Interest Rates to Rise
Jan. 16 (Bloomberg) -- The Australian dollar may advance as traders increase bets the Reserve Bank of Australia will raise interest rates for a fourth time in the past year. (Tue, 16 Jan 2007 07:39:01 GMT)

Proposal would limit payday loans
HELENA - Lawmakers heard testimony Monday on a bill that would radically change the payday and title loan industries in Montana. (Tue, 16 Jan 2007 07:45:49 GMT)

U.S. Stock-Index Futures Rise; Wells Fargo, Apple Advance
Jan. 16 (Bloomberg) -- U.S. stock-index futures rose on speculation that economic growth may be strong enough for companies to keep increasing profits. (Tue, 16 Jan 2007 10:19:24 GMT)

U.S. Stock-Index Futures Rise; Wells Fargo and Apple Advance
Jan. 16 (Bloomberg) -- U.S. stock-index futures advanced on speculation that economic growth may be strong enough for companies to keep increasing profits. (Tue, 16 Jan 2007 11:19:18 GMT)

Bill would put cap on payday loans
HELENA — Payday and title loans can catch the working poor in a "debt trap" of spiraling interest rates, according to state Rep. John Parker, D-Great Falls, who has introduced a bill to cap interest rates on such loans. (Tue, 16 Jan 2007 12:11:30 GMT)

Report Reveals Same Payday Lending ``Reforms'' Proposed in VA Fail to Protect Working Families in FL, OK, WA
RICHMOND, Va.----Virginia Partnership to Encourage Responsible Lending , a statewide coalition of individuals and organizations dedicated to promoting responsible lending, will release a report entitled, "Protecting Working Families From Abusive Payday Loans: Lessons From Other States," on Tuesday, January 16 at 9:00 am in the House Briefing Room of the Virginia General Assembly Building. (Tue, 16 Jan 2007 13:00:00 GMT)

Cash Now Corporation (Cash Now) Appoints New CEO Garr C Winters, and Management Reorganization
Cash Now Corporation www.cashnow.com , Cash Now a public company engaged in the design, manufacturing, marketing and distribution of customized payday loan and check cashing software back end systems, Internet based payday loans, and other sub prime financial utility tools, today announced the appointment of a new CEO and president, Mr. (Tue, 16 Jan 2007 13:00:00 GMT)

(AFX UK Focus) 2007-01-16 12:43 GMT: London shares weak, off lows midday; NY seen higher; retailers weak on CPI news
LONDON (AFX) - Leading shares were modestly weaker midday, holding off morning lows on hopes for an opening advance on Wall Street but with falls by retail issues a focus amid worries that the highest annual UK CPI inflation rate for a decade could bring further Bank of England rate hikes, dealers said. (Tue, 16 Jan 2007 13:03:13 GMT)

Jazz brunch benefits grad night
The Sober Grad Night Task Force has been providing an all-night sober graduation celebration for high school graduates for the last 17 years. The event features a variety of entertainment, food and games along with cash prizes. Most importantly, it... (Tue, 16 Jan 2007 14:12:09 GMT)

Proposal would limit payday loans
HELENA - Lawmakers heard testimony Monday on a bill that would radically change the payday and title loan industries in Montana. House Bill 29, sponsored by Rep. John Parker, D-Great Falls, at the request of the Department of Justice, would cap the interest rates on such loans at 36 percent. (Tue, 16 Jan 2007 15:03:05 GMT)

Council to discuss predatory lending, Impact 7 spec building
The Ashland City Council is piling on the agenda items for its first meeting of 2007, tackling issues such as future development of the Impact 7 Spec building and sidewalk assessments and starting discussion and possible action on regulation of check-cashing and payday lending establishments. (Tue, 16 Jan 2007 16:31:18 GMT)

Firefighter faces a pan-tastic challenge
A FIREFIGHTER from Steeple Morden will cook a fry-up for 200 people in his bid to raise cash for charity. (Tue, 16 Jan 2007 16:57:25 GMT)

Lawmakers call for repeal of payday lending law
Even when Del. Harvey Morgan introduced legislation in 2002 opening the door to the payday lending industry, he said he knew it wasn't a good idea. "I didn't like payday lending," he said. "I didn't think it was appropriate." (Tue, 16 Jan 2007 20:20:12 GMT)

Lawmakers call for repeal of payday lending law
RICHMOND, Va. Several lawmakers are calling for a repeal of the law that allows payday lenders to charge annual interest rates pushing 390 percent. The payday... (Tue, 16 Jan 2007 20:24:51 GMT)

Welcome to the Langley Advance- Showtime - Entertainment
Twin brothers Jacob and Jesse Keleny spend time playing and learning with their mom, Jennifer. (Tue, 16 Jan 2007 20:56:36 GMT)

Lawmakers call for repeal of payday lending law
RICHMOND, Va. Several lawmakers are calling for a repeal of the law that allows payday lenders to charge annual interest rates pushing 390 percent. (Tue, 16 Jan 2007 21:12:25 GMT)

Church outreach program in need of cash donations
The outreach program at Living Word Ministries, located at 2900 N. Tamiami Trail, needs to raise $2,300 before February 1 to keep feeding hungry families in the community. (Tue, 16 Jan 2007 21:35:20 GMT)

Payday lending critics say legislature must close loophole
RICHMOND - Critics of payday lending said Tuesday the legislature must close a legal exemption that allows companies to charge more than a 36 percent annual interest rate cap that applies to other small . . . (Tue, 16 Jan 2007 22:51:34 GMT)

Lawmakers call for repeal of payday lending law
RICHMOND, Va. Several lawmakers are calling for a repeal of the law that allows payday lenders to charge annual interest rates pushing 390 percent. (Wed, 17 Jan 2007 00:14:36 GMT)

Lawmakers call for repeal of payday lending law
RICHMOND, Va. - Even when Del. Harvey Morgan introduced legislation in 2002 opening the door to the payday lending industry, he said he knew it wasn't a good idea. (Wed, 17 Jan 2007 02:35:05 GMT)

Lawmakers seek relaxed trade policy with Cuba
As Cuban President Fidel Castro remains sidelined by a serious illness, some U.S. lawmakers say they will seek a relaxation of the U.S. trade embargo on the island nation. (Wed, 17 Jan 2007 02:56:32 GMT)

Delegates attack payday lenders
The man who first helped bring aggressive payday lenders to Virginia and those who last year tried to regulate those short-term loans now say they made a mistake. (Wed, 17 Jan 2007 03:48:27 GMT)

Payday loan average repay: twice amount
A typical Virginia borrower repays $776 on a $355 payday loan while the loan is flipped seven times, according to a study by payday-lending opponents. (Wed, 17 Jan 2007 05:19:06 GMT)

Payday problems?
Del. G. Glenn Oder, R-Newport News, right, holds up a chain stuffed with dollar bills to emphasize a point as he talks about the "payday lending" legislation he and others, including Del. Harvey B. Morgan, R-Gloucester, left, are seeking to repeal. (Wed, 17 Jan 2007 05:55:39 GMT)

Payday loan foes seeking state ban
Several legislators propose elimination of these short-term loan businesses from Virginia. (Wed, 17 Jan 2007 07:51:38 GMT)

Lawmakers call for repeal of payday lending law
RICHMOND, Va. - Even when Del. Harvey Morgan introduced legislation in 2002 opening the door to the payday lending industry, he said he knew it wasn't a good idea. (Wed, 17 Jan 2007 07:53:28 GMT)

Payday lending law regulation changes
One piece of payday lending legislation moved forward Tuesday, but it did not contain caps on the interest rates charged that some consumer organizations would like to see. Other legislation can deal with that issue, said state Sen. Ed Mayne, D-West Valley City and sponsor of Tuesday's bill, which he said contained new regulations that are important in their own right. (Wed, 17 Jan 2007 10:08:19 GMT)

Lawmakers back payday lending ban
Payday lending opponents rally support for legislation that would effectively ban the industry. The state General Assembly should ban payday lending outright rather than enact so-called "reforms" that fall short of true consumer protection, several lawmakers said Tuesday. (Wed, 17 Jan 2007 11:09:02 GMT)

Cattle Drive Kicks off Rodeo
LAKELAND - Head 'em up and move 'em out. A cattle drive will take place in downtown Lakeland on Thursday morning in advance of the Americom Pro Rodeo Classic to be held at The Lakeland Center this weekend. The cattle will be driven through downtown all right, but in trucks - not by cowboys mounted on cow ponies. (Wed, 17 Jan 2007 11:10:51 GMT)

Citibank Announces Scholarship Program for The Fed Challenge
STAMFORD, Conn.----The Student Loan Corporation, a subsidiary of Citibank, N.A., that provides a full range of educational financing products to consumers and private label programs to other lenders, announced today that it will once again be the sole provider of cash scholarships, awards and grants for The Fed Challenge - a national high school economics competition sponsored by seven Reserve ... (Wed, 17 Jan 2007 15:30:00 GMT)

Time Evaluation: The Rule of Balance
Once a trend is in force reactions against the trend tend toward equality in price and time. This analysis continues to note this principle basis the Cash Monthly Gold and the Cash Monthly Silver. (Wed, 17 Jan 2007 19:20:00 GMT)

Cutting the Cost of Doing Business
(ARA) - Small business will always be the backbone of the American economy, but some small business owners may feel left out when it comes to technology. It may seem that each new technological advance really only benefits big companies. (Wed, 17 Jan 2007 21:51:41 GMT)

DM cash advance store robbed
Des Moines Police are looking for two men suspected of robbing the Hometown Cash Advance Wednesday on the city’s east side. (Wed, 17 Jan 2007 23:32:13 GMT)

Helpful tax tips
You have probably seen the ads lately for rapid advance loans. They are most commonly referred to as rapid refunds. Before you sign up, there are a few things you should know. (Thu, 18 Jan 2007 04:12:45 GMT)

Payday Loans Are a Scourge, but Should Wrath Be Aimed at the Lenders?
Outrage directed at payday lenders cannot prevent the hardships it has created. A more deserving target would be legislators who have steadfastly resisted campaign finance reform. (Thu, 18 Jan 2007 04:38:26 GMT)

Rapid refunds on tax returns may be as harmful as they are helpful
You have probably seen the ads lately for rapid advance loans. They are most commonly referred to as rapid refunds. Before you sign up, there are a few things you should know. (Thu, 18 Jan 2007 06:12:15 GMT)

Payday lenders come under scrutiny in Oceanside
OCEANSIDE ---- The commander of all West Coast Marine Corps bases told the Oceanside City Council on Wednesday that many troops are falling into serious financial trouble because of payday loans with annual interest rates as much as 2,000 percent. (Thu, 18 Jan 2007 06:45:58 GMT)

European Stocks May Advance, Led by BP, Shell as Oil Rebounds
Jan. 18 (Bloomberg) -- European stocks may advance, pushed higher by BP Plc and Royal Dutch Shell Plc, after crude oil rose for a second day in New York. (Thu, 18 Jan 2007 07:39:56 GMT)

Eye on Gilead Sciences
Hans E. Wagner submits: Gilead Sciences is a biopharmaceutical company that discovers, develops and commercializes therapeutics to advance the care of patients suffering from life-threatening diseases. (Thu, 18 Jan 2007 08:10:04 GMT)

European Stocks Advance, Led by BP, Shell After Oil Rebounds
Jan. 18 (Bloomberg) -- European stocks advanced, pushed higher by BP Plc and Royal Dutch Shell Plc, after crude oil rose for a second day in New York. (Thu, 18 Jan 2007 08:45:43 GMT)

RAB Capital profits to double
Hedge fund group RAB Capital expects pre-tax profits to almost double after the group’s funds attracted more cash from investors. (Thu, 18 Jan 2007 09:51:09 GMT)

Asian Stocks Climb to Two-Week High; Takeda, Woodside Advance
Jan. 18 (Bloomberg) -- Asian stocks rose to a two-week high. Takeda Pharmaceutical Co. led gains among Japanese drugmakers as two companies said they are in merger talks, boosting speculation there will be more industry takeovers. (Thu, 18 Jan 2007 10:14:14 GMT)

Don't withdraw cash on your credit card
Harsh Roongta says cash withdrawal on cards incurs heavy fees (normally around 2 to 2.5% of the amount withdrwan) plus the interest on that amount also starts immediately - no free credit period. (Thu, 18 Jan 2007 11:10:28 GMT)

European Stocks Advance, Led by BP, Xstrata, Merck, Alstom
Jan. 18 (Bloomberg) -- European stocks rose for the first time in three days after gains in energy and metal prices pushed commodity producers higher and drugmaker Merck KGaA reported earnings that topped analysts' estimates. (Thu, 18 Jan 2007 11:15:36 GMT)

European Stocks Advance, Led by BP, Xstrata, Merck (Correct)
(Corrects name of Assurances Generales de France in fifth paragraph.) Jan. 18 (Bloomberg) -- European stocks rose for the first time in three days after gains in energy and metal prices pushed commodity producers higher and drugmaker Merck KGaA reported earnings that topped analysts' estimates. (Thu, 18 Jan 2007 11:24:48 GMT)

European Stocks Advance, Led by BP, Xstrata, Merck (Correct)
(Corrects name of Assurances Generales de France in fifth paragraph.) Jan. 18 (Bloomberg) -- European stocks rose for the first time in three days after gains in energy and metal prices pushed commodity producers higher and drugmaker Merck KGaA reported earnings that topped analysts' estimates. (Thu, 18 Jan 2007 11:30:26 GMT)

German Stocks Rise; MAN AG, KarstadtQuelle, AT&S Lead Advance
Jan. 18 (Bloomberg) -- German stocks rose for the first time in three days. MAN AG, Europe's third-largest maker of heavy trucks, gained after as vehicle sales surged last year. (Thu, 18 Jan 2007 14:45:26 GMT)

Republic Bancorp profits up 3.5 percent
Louisville-based Republic Bancorp's profits in the final three months of 2006 rose 3.5 percent over the same period a year earlier. The 2005 results had been hurt by a loss from its payday loan business, which it has since dropped. Republic earned $5.94 million, or 30 cents per share, up from $5.75 million, or 29 cents per share the fourth quarter of 2005. Net interest income for the quarter ... (Thu, 18 Jan 2007 16:19:09 GMT)

State Clears Star H.S. Running Back In Gifts Probe
LAKELAND, Fla. -- Lakeland High School's star running back has been cleared of allegations that he received cash and goods from fans. Florida High School Athletic Association faxed a letter to Lakeland notifying them senior Chris Rainey had broken no rules. (Thu, 18 Jan 2007 16:52:32 GMT)

News From 91.3 KUWS Ashland to study cracking down on pay day loan stores
Ashland wants to put limits on so-called pay day lending stores…saying they are making the city’s poor…even poorer. Danielle Kaeding reports. Ashland is proposing to change a city ordinance to put limits on payday lending and check cashing businesses. (Thu, 18 Jan 2007 17:13:22 GMT)

Intel Declares Regular Cash Dividend
Intel Corporation's board of directors has declared an 11.25 cents per share quarterly dividend on the company's common stock. The dividend is payable on Mar. 1, 2007 to stockholders of record on Feb. 7, 2007. (Thu, 18 Jan 2007 18:54:41 GMT)

Foolish Forecast: Cash America's Still Gold
The payday lender continues to rake in the bucks. (Thu, 18 Jan 2007 19:27:03 GMT)

House bill would cap interest rates on payday lenders
A new House bill would cap interest rates for payday lenders at a 36 percent annual rate. (Thu, 18 Jan 2007 22:39:30 GMT)

S.C. bill would cap interest rates on payday lenders
South Carolina is joining other states this year working to cap payday lender interest rates and fees. South Carolina state Rep. Alan Clemmons introduced a bill Wednesday capping annual interest rates at 36 percent and fees at $5 for every $100 borrowed. (Thu, 18 Jan 2007 23:34:52 GMT)

Law Puts Cap On Interest Payday Loan Centers Can Charge Military
A new national law aims to keep military men and women debt-free by restricting payday loan centers. The law, passed in December, limits the annual interest payday and quick loan centers can charge servicemen. (Fri, 19 Jan 2007 04:01:42 GMT)

Payday lenders come under scrutiny in Oceanside
OCEANSIDE ---- The commander of all West Coast Marine Corps bases told the Oceanside City Council on Wednesday that many troops are falling into serious financial trouble because of payday loans with annual interest rates as much as 2,000 percent. (Fri, 19 Jan 2007 04:37:20 GMT)

Baker offers new loan
Baker Federal Credit Union announced that beginning Feb. 1 they will offer a new loan product. (Fri, 19 Jan 2007 05:37:24 GMT)

Rapid refunds on tax returns may be as harmful as they are helpful
You have probably seen the ads lately for rapid advance loans. They are most commonly referred to as rapid refunds. Before you sign up, there are a few things you should know. (Fri, 19 Jan 2007 06:31:26 GMT)

Annual drive helps regional food bank help others
Advance Financial Federal Credit Union, which has branches in East Chicago, Schererville and Gary, recently completed its annual Food For Thought food drive to support The Food Bank of Northwest Indiana. (Fri, 19 Jan 2007 07:17:41 GMT)

Bill would cap payday-loan rates
South Carolina is joining other states this year working to cap payday lender interest rates and fees. S.C. state Rep. Alan Clemmons, R-North Myrtle Beach, introduced a bill Wednesday capping annual interest rates at 36 percent and fees at $5 for every $100 borrowed. (Fri, 19 Jan 2007 08:10:31 GMT)

S.C. bill would cap interest rates on payday lenders
COLUMBIA, S.C. - South Carolina is joining other states this year working to cap payday lender interest rates and fees. South Carolina state Rep. Alan Clemmons introduced a bill Wednesday capping annual interest rates at 36 percent and fees at $5 for every $100 borrowed. (Fri, 19 Jan 2007 09:18:15 GMT)

Bill would limit payday lendingMeasure aims to cap fees, restrict number of loans borrower can carry
Cash advance companies, also known as payday lenders, could face tighter regulations in South Carolina under a lawmaker's proposal to rein in the industry. (Fri, 19 Jan 2007 12:16:39 GMT)

Singles calendar
To list an event, send a fax to Robin Payne at 313-223-5985, e-mail her at [email protected] or write her at Detroit Free Press, 600 W. Fort, Detroit 48226. Please send notices at least three weeks in advance. (Fri, 19 Jan 2007 13:03:43 GMT)

Rapid refunds on tax returns may be as harmful as they are helpful
You have probably seen the ads lately for rapid advance loans. They are most commonly referred to as rapid refunds. Before you sign up, there are a few things you should know. (Fri, 19 Jan 2007 13:32:43 GMT)

House Bill Would Cap Interest Rates On Payday Lenders
A new House bill would cap interest rates for payday lenders at a 36 percent annual rate. (Fri, 19 Jan 2007 14:26:43 GMT)

Penn. Lottery introduces new 'Mix & Match' game
The Pennsylvania Lottery will introduce a new lotto game next week, "Mix & Match," offering better odds than any of the state's other numbers games, more ways to win, and a cash jackpot that begins at $50,000. (Fri, 19 Jan 2007 14:53:51 GMT)

CRR hike fails to check money supply growth
MUMBAI: Money supply continues to surge with an annual growth rate of over 20% even after the Reserve Bank of India impounded Rs 13,500 crore by hiking cash reserve requirements (CRR) for banks. (Fri, 19 Jan 2007 21:18:50 GMT)

No 10 clashes with police over aide arrest
The cash for honours investigation erupted into open warfare between Downing Street and Scotland Yard last night after two senior Labour Party figures accused the police of theatrics for staging an early-morning arrest at the home of one of Tony Blair's most trusted officials. (Sat, 20 Jan 2007 02:19:03 GMT)

Cutting the Cost of Doing Business
(ARA) - Small business will always be the backbone of the American economy, but some small business owners may feel left out when it comes to technology. It may seem that each new technological advance really only benefits big companies. (Sat, 20 Jan 2007 03:14:42 GMT)

Morrison to seek new restrictions on payday loans,
TOPEKA, Kan. Attorney General Paul Morrison says he will push for new restrictions on payday loan companies. Morrison says the industry takes advantage of the poor and... (Sat, 20 Jan 2007 03:36:21 GMT)

Guru sends cash registers ringing
DOHA The news of India's two biggest cine stars' engagement has turned out to be a boon for cinemas in Doha. After the engagement news of former Miss World Aishwarya Rai and Abhishek Bachchan broke out on last Sunday, the duo-starred film Guru, has hit the box office. (Sat, 20 Jan 2007 04:42:56 GMT)

Regional Water System priming pump with local cash
SANTEE – A funding shortfall has halted construction of the water treatment plant for the $118 million Lake Marion Regional Water System, but officials will use local money to crank it back up and move the project forward. (Sat, 20 Jan 2007 05:17:32 GMT)

Bill in S.C. would limit payday loan industry
A bill filed this week in the S.C. House would cap interest rates on payday loans and impose other restrictions on the controversial industry. (Sat, 20 Jan 2007 08:17:08 GMT)

Today's agenda
Items contributed must be received at least two days in advance at Calendar Desk, The Miami Herald, 1 Herald Plaza, Fifth Floor Newsroom, Miami, FL 33132-1693. Or e-mail your items to [email protected] No faxes, please. For a complete list of today's events, go to www.MiamiHerald.com. (Sat, 20 Jan 2007 08:22:42 GMT)

Rapid refunds on tax returns may be as harmful as they are helpful
You have probably seen the ads lately for rapid advance loans. They are most commonly referred to as rapid refunds. Before you sign up, there are a few things you should know. (Sat, 20 Jan 2007 08:48:40 GMT)

European Stocks Gain for Fourth Week; MAN, Smiths Group Advance
Jan. 20 (Bloomberg) -- European stocks advanced for a fourth week, reaching a six-year high on speculation that earnings prospects and takeovers will drive equities higher. (Sat, 20 Jan 2007 08:54:46 GMT)

Bank robber totes stun gun, grabs cash
A man allegedly carrying a stun gun walked into a Commerce Bank in Bulls Head yesterday, passed a threatening note, then walked away with thousands in cash. (Sat, 20 Jan 2007 09:45:03 GMT)

Orange Aid aims to help families
Valley media outlets, including the Times-Delta, are combining efforts to stage an all-day, 16-hour effort on Tuesday to raise cash, food and other public donations to assist working families who are economically affected by the recent weeklong freeze. (Sat, 20 Jan 2007 12:02:20 GMT)

Today's agenda
Items contributed must be received at least two days in advance at Calendar Desk, The Miami Herald, 1 Herald Plaza, Fifth Floor Newsroom, Miami, FL 33132-1693. Or e-mail your items to [email protected] No faxes, please. For a complete list of today's events, go to www.MiamiHerald.com. (Sat, 20 Jan 2007 13:44:47 GMT)

European Stocks Gain for Fourth Week; MAN, Smiths Group Advance
Jan. 20 (Bloomberg) -- European stocks advanced for a fourth week, reaching a six-year high on speculation that earnings prospects and takeovers will drive equities higher. (Sat, 20 Jan 2007 17:30:26 GMT)

McBride: SCO is Not Done Yet
In a letter sent to SCO ( Quote ) customers, SCO President and CEO Darl McBride assured his customers that the company is still doing all right. In the letter, written in advance of SCO's Jan. 17 fourth-quarter earnings report, McBride assures customers that SCO is not done yet. (Sat, 20 Jan 2007 17:33:19 GMT)

Bill in S.C. would limit payday loan industry
A bill filed this week in the S.C. House would cap interest rates on payday loans and impose other restrictions on the controversial industry. (Sat, 20 Jan 2007 18:27:45 GMT)

Beware of debt trap
I had written about handling cash surpluses last time. This time I will dwell upon the other side of the coin: Cash deficits. Today pursuing material happiness is no longer a passion confined to hedonists. (Sat, 20 Jan 2007 18:46:54 GMT)

Today's agenda
Items contributed must be received at least two days in advance at Calendar Desk, The Miami Herald, 1 Herald Plaza, Fifth Floor Newsroom, Miami, FL 33132-1693. Or e-mail your items to [email protected] No faxes, please. For a complete list of today's events, go to www.MiamiHerald.com. (Sat, 20 Jan 2007 23:44:25 GMT)

Law Puts Cap On Interest Payday Loan Centers Can Charge Military
A new national law aims to keep military men and women debt-free by restricting payday loan centers. The law, passed in December, limits the annual interest payday and quick loan centers can charge servicemen. (Sun, 21 Jan 2007 01:01:52 GMT)

Money speaks in debate on payday loans
Enough with the sob stories about suckers supposedly ripped off by the high-interest instant-loan industry. This is a peculiar business, a fact not fully grasped by those deciding its future: lawmakers swayed by fat contributions from payday lenders. (Sun, 21 Jan 2007 03:34:01 GMT)

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