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Personal Finance - Friday, 30th July 2010  
Better stay healthy or you could pay at work
 Toyota recalls 412,000 cars Almost half of large U.S. companies say they now use, or they plan to use, financial penalties against employees who don't participate in certain health programs...
Japan’s Unemployment Rate Unexpectedly Rises to 5.3%
 Japan’s unemployment rate unexpectedly rose to a seven-month high in June, adding to concern consumer spending will stall.
DBS Posts Surprise Net Loss in Second Quarter on Goodwill Charge
 DBS Group Holdings Ltd., Southeast Asia’s biggest bank, reported a surprise net loss of S$300 million in the second-quarter because of a goodwill impairment charge of...
Emerging Bond, Equity Inflows Rise on Stress Tests, U.S. Profits
 Emerging-market bond and equity fund inflows rose in the week ended as European bank stress tests and U.S. earnings reports bolstered investor optimism, EPFR Global...
Macquarie Says Investment Bank, Securities Earnings Set to Drop
 Macquarie Group Ltd., Australia’s biggest investment bank, said its advisory, securities, fixed income and commodities businesses are set to report lower earnings as...
Avon Lake finance director resigns
 AVON LAKE — Finance Director Tom DiLellio, who faced disciplinary action for working without a required surety bond has resigned, said Avon Lake Mayor Karl Zuber.
Better stay healthy or you could pay at work
 Toyota recalls 412,000 cars Almost half of large U.S. companies say they now use, or they plan to use, financial penalties against employees who don't participate in certain health programs...
Investing in education and jobs the key to promoting development in Laos - UN
 A new joint report by the United Nations and Laos recommends that authorities in the South-East Asian country invest more in education as well as promote good health and decent jobs to achieve their...
U.S. Stocks Fall as S&P 500 Slumps for Third Day on Earnings
 U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third day, as earnings and forecasts that disappointed investors at technology and consumer...
U.S. Nuclear Projects Tied Up Awaiting Federal Loan Guarantees
 The so-called nuclear renaissance that was supposed to boost U.S. capacity to generate emissions- free power may stall as developers await decisions from the Obama...
Geithner to Speak on Obama’s Fiscal Plans, Aide Says
 U.S. Treasury Secretary Timothy F. Geithner next week plans to step up the Obama administration’s efforts to persuade lawmakers that tax cuts for wealthy Americans should...
Genworth Reports Profit as Mortgage Results Improve
 Genworth Financial Inc., the mortgage guarantor and life insurer, reported a profit for a fourth straight quarter as results improved in its business backing home loans.
Gross Rolls Down Curve for Non-Normal Bond Returns
 Bill Gross is realizing outsized gains by benefitting from the near record difference in yields between short- and longer-maturity bonds while preaching that investors should...
Russian Pilot Rescued After Capture by Darfur Militia, UN Says
 A Russian helicopter pilot with the United Nations and African Union joint peacekeeping mission in the Darfur region of Sudan was rescued today after being seized and beaten by...
Microsoft’s Ballmer Says Tablets Top of Mind Amid Apple Success
 Microsoft Corp. Chief Executive Officer Steve Ballmer said tablet computers are a big issue for him as Apple Inc. seized the momentum in a category Microsoft has worked on for...
What the Financial Overhaul Means for Renters
 ... good news for tenants in the recently signed financial overhaul legislation. The law extends the end date of a law providing more protection for renters in foreclosed properties, and it also...
Surrey Bancorp earnings higher
 ... the parent company of Surrey Bank & Trust, earned a profit of $550,773 in the second quarter, up from $416,151 a year earlier, according to an earnings announcement. The Mount Airy-based...
Molycorp Plunges 14% on First Day After Chopping Rare-Earth IPO
 Molycorp Inc., owner of the world’s largest non-Chinese deposit of rare-earth metals, declined in its first day of trading after chopping the size of its initial public...
Ethics Panel Outlines 13 Charges Against Congressman Rangel
 House ethics investigators outlined 13 “very serious” allegations of wrongdoing against New York Representative Charles Rangel, including soliciting donations from...
The Price of Saving Jobs in Germany
 Germany's "short-work" policy, which allows companies to put workers on reduced schedules rather than lay them off, showed the world how to survive a recession without losing jobs. It turns out...
What's so scary about Elizabeth Warren
 Elizabeth Warren doesn't look or sound scary. She's a 61-year-old Harvard Law School professor from Oklahoma who has written personal finance books, some with her...
GO investing €100m in networks over 6-year period
 GO – Malta’s leading quad-play communications provider – has invested heavily in an upgraded sports playout facility and is now fully equipped for the exclusive transmission of the English...
Government of Canada Investing in Alberta Barley Farmers
 The Government of Canada continues to help Canadian barley farmers capture new markets and increase profitability. Today, Member of Parliament Laurie Hawn (Edmonton Centre), on behalf of Agriculture...
Ford Motor Company, General Electric Company, Intel Corp., and Sprint Nextel Corp.
 PremierePennyStocks.com a leading source for value investing research, offers its stock alert newsletter to the investment community. PremierePennyStocks provides its subscribers with early...
Fixed-rate mortgage rates drop for sixth week
 Mortgage rates fell again this week, with fixed-rate mortgages inching down to hit a sixth straight record low, according to Freddie Mac's survey of conforming mortgage rates...
Santander Second-Quarter Net Falls 8%, Hurt by Spain
 Banco Santander SA, the biggest Spanish bank, said second-quarter profit fell 8 percent after a drop in earnings in its home market offset growth in Brazil.
Obama Defends Education Policies as Economic Lynchpin
 President Barack Obama defended his signature Race to the Top education plan before an audience that included critics who say some of his policies may shortchange low-income...
AstraZeneca Lifts Forecast, Buyback Amid Brilinta Win
 AstraZeneca Plc raised its earnings forecast for the third time this year and doubled a share buyback plan as the anti-clot drug Brilinta moved one step closer to approval and...
BP Fights U.S., Spill Victims Over Venue for Lawsuits
 BP Plc, the U.S. and plaintiffs who filed hundreds of lawsuits seeking billions of dollars for damages stemming from the largest oil spill in U.S. history are fighting over...
U.S. Stocks Drop as S&P 500 Slumps for Third Day Led By Tech
 U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third day, as earnings and forecasts that disappointed investors at technology and...
The Escalating E-Reader Price War
 The latest move in the e-reader price war, why hotel prices in New York could be rising and other consumer-focused items from Thursday's Times.
Weekly jobless claims fall 11,000 to 457,000
 The number of people applying for initial state unemployment insurance benefits fell 11,000 to 457,000 in the week ended the Labor Department reported Thursday....
China’s Sashimi Appetite Boosts Cathay Pacific
 Xin Jing spends about 200 yuan ($30) on Japanese sashimi each time she visits City’super’s grocery store in Shanghai. Her appetite is helping fill cargo planes...
Vale to Buy Brazil’s Paranapanema for $1.14 Billion
 Vale SA, the world’s largest iron- ore producer, said it plans to buy Brazilian copper producer Paranapanema SA for 2.01 billion reais ($1.14 billion) as it seeks to...
U.K. Bonus Plan to Cover 2,500 Banks, Funds, FSA Says
 The U.K. financial regulator proposed expanding the firms covered by rules on bonuses and compensation from 27 to 2,500 banks, building societies and hedge funds to comply with...
Lockheed Delay on New Interceptor Missile Slows Mideast Defense
 Lockheed Martin Corp., the world’s largest defense contractor, is at least a year behind schedule delivering the first 24 of the Pentagon’s newest interceptor...
Amazon.com Introduces $139 Kindle Amid Apple Tussle
 Amazon.com Inc. Chief Executive Officer Jeff Bezos cut prices and added features to the Kindle to defend it against a threat from Apple Inc. in the fast- growing market for...
Korea Firm Courts Harrah’s for Cambodia Angkor Casino
 South Korean developer Intercity Group plans to start construction in October on a $400 million casino resort complex near Cambodia’s Angkor Wat temples that aims to draw...
Eurozone Households Saving Rate Drops In Q1
 Eurozone household saving rate fell in the first quarter as real disposable income dropped at a faster pace than real final consumption expenditure.The seasonally adjusted gross saving...
Case Sealer Manufacturer and Retailer BestPack Introduces Cost Saving...
 BestPack, a leading manufacturer and retailer in the packaging and case sealer industries, is introducing customers to its new cost-saving MSD Simple Pack/Seal System. Called the carton sealing...
Ohms' finance oversight nets fine
 Al Ohms, a Democratic candidate for Larimer County sheriff, has been fined $50 per day by the Colorado secretary of state for a seven-day stretch when he failed to file his campaign finance reports.
Skoda's "No Vat" And Finance Offers Mean Great Value
 Skoda has extended its range of great offers until 31 The deals include Skoda’s impressive “No VAT” on Fabia...
Tips to speed up your return filing process
 ... t's that time of the year when the taxman is remembered the most.  With just two days left to file tax returns, taxpayers have now awoken to the reality that the due date is at hand. The major area...
BackgroundCheckSurvival.INFO Helps People Get a Job With New Expert...
 ... www.backgroundchecksurvival.info . New expert videos, helpful articles, and other online resources provide tips for finding jobs, explain how to avoid job search scams, describe the impact of bad...
BMO Retirement Institute Reveals Why Canadians Aren't Saving for Retirement
 Report Identifies Psychological Disconnect Impeding Canadians from Effective Retirement Planning - Behavioural Finance Research Provides Clues to Canadians Tendency to Procrastinate - Almost 90 per...
U.K. Banks’ Profit May Increase on Declining Bad Debt
 Britain’s five biggest banks, including HSBC Holdings Plc and Barclays Plc, may say profit soared to 8.4 billion pounds ($13.1 billion) in the first half as falling bad...
Japan’s Production May Signal Stimulus-Extension Need
 Japanese industrial production probably grew at the slowest pace in more than a year last quarter, adding pressure on the government to extend consumer incentives as export...
Married couple, separate finances
 Money Magazine) -- Michelle Spranger and Scott Zuckerberg have been husband and wife for eight years, but they've yet to marry their finances. Scott, 43, has a full-service broker, variable...
A retirement portfolio of global proportions
 Money Magazine) -- Question: What is the difference between a total world index fund and a total international index fund? How you see such funds as part of a retirement portfolio? --Dave, Apple...
Plans to scrap fixed retirement age by October 2011
 The government announced plans to scrap the fixed retirement age next year, saying it wanted to give people the chance to work for longer although business leaders said the move...
New bank Metro opens for business
 Metro Bank, Britain's first new High Street retail bank in more than 100 years, opened for business on Thursday with high hopes of breaking into a sector shaken up by the global...
Soft mortgage data point to housing market weakness
 Mortgage approvals fell more than expected in June and lending was also weaker than forecast, Bank of England figures showed on Thursday, suggesting the housing market will...
Euro Strengthens Versus Dollar, Yen Amid U.S. Slowdown Concern
 The euro rose against the dollar and the yen as concern that the U.S. recovery may be slowing spurred demand for the 16-nation single currency.
AstraZeneca Raises Forecast, Expands Buyback on Crestor Ruling
 AstraZeneca Plc raised its earnings forecast for the third time this year and doubled a share buyback plan after winning a U.S. court ruling on the Crestor cholesterol-lowering...
Mitsui O.S.K. Inspects Tanker After Possible Attack
 Mitsui O.S.K. Lines Ltd. began inspecting an oil tanker after an explosion that may have been caused by an attack near the Strait of Hormuz, deemed by the U.S. to be the most...
China Grapples With Blast, Spill in Latest Accidents
 China sent hundreds of officials to assist people hurt in a gas-pipeline blast in the city of Nanjing and to retrieve 3,000 barrels of hazardous chemicals that washed into a...
Sanofi Board Said to Support Genzyme Bid of Up to $70
 Sanofi-Aventis SA Chief Executive Officer Chris Viehbacher has support from his board of directors to offer as much as $70 a share for Genzyme Corp., or about $18.7 billion...
House prices fall 0.5 percent in July
 House prices fell 0.5 percent month-on-month in July after a flat month in June, the Nationwide building society said on Thursday, as concerns about the impact of government...
Vt. group turns international focus on saving a disappearing songbird
 MONTPELIER — A small Vermont environmental organization is leading an international effort to protect the habitat of the Bicknell’s thrush, a disappearing songbird that breeds in the...
Life settlements are DOA as an investment
 Life settlements are not wildly popular investments. But they are wild investments. And to that end, federal regulators and lawmakers are fast at work trying to tame these...
Employers peg insurance premiums to health
 Employees have a new reason to drop the donuts and stop smoking before benefits enrollment season begins in a few weeks. As companies put the final touches on...
Retailers use weather to chart buying behaviors
 Ever notice how the things you need most in sweltering heat -- a bottle of water, ice cream -- seem to be everywhere you turn? It's not by accident. Retailers keep close...
Twelve-year-old KCK girl honored for saving man from drowning
 While others stood by as a man sank to the bottom of a swimming pool, 12-year-old Casandra Andrews jumped in.

The girl, who stands less than 5 feet tall, pulled the more than...

China's Chinalco investing $1.4 billion for stake in Rio Tinto mine in Guinea
 039; ],[ // report reasons 'Offensive', 'Spam', 'Off topic' ],[ // report reasons front end 'Offensive (rude, obscene, NSFW)', 'Spam (ads, self-promotion)', 'Off topic (trolling)' ],[ // report...
Yen Gains on Signs Global Recovery Slowing; N.Z. Dollar Slides
 The yen advanced for a second day against the euro and the dollar as signs the global recovery is slowing boosted demand for Japan’s currency as a refuge.
Hyundai Profit Jumps 71% to Record, Buoyed by Overseas Demand
 Hyundai Motor Co., South Korea’s largest automaker, posted record quarterly profit after new models attracted more buyers in overseas markets including the U.S....
Most Asian Stocks Drop, Yen Gains on Concern Growth May Slow
 Most Asian stocks fell and the yen gained on concern the pace the global recovery may slow. The New Zealand dollar slumped as the central bank said deteriorating prospects for...
Japan’s Topix Falls First Time in Five Days; Panasonic Plunges
 Japanese stocks fell, sending the Topix index to its first drop in five days, dragged down by Panasonic Corp. on concern it will raise capital for acquisitions and as commodity...
N.Z. Dollar Drops as Bollard Sees Slower Pace of Rate Rises
 The New Zealand dollar fell for a third day as the central bank said deteriorating prospects for growth will slow the pace of future interest-rate increases after it raised the...
DES PERES Board may change finance committee's duties
 The Board of Aldermen will consider amendments to the structure and duties of the Audit & Finance Committee. The move comes after former finance director Laura Beeler was charged with felony...
Fosun in Talks to Invest in European Luxury Brands
 Fosun International Ltd., part owner of Club Mediterranee SA, plans investments in European luxury brands and red wine companies to build alliances for expansion in China...
HTC's Droid Incredible Costs $163 to Make
 ... according to a teardown analysis of the phone conducted by iSuppli Corp. The Incredible, which has been...
Barring BP From Drilling Would Cost U.S. Jobs, Company Says
 BP Plc objected to proposed legislation that would bar the oil company from operating new drilling leases in U.S. waters, saying it could trigger job losses and threaten the...
Illinois Likely to Boost Taxes, Budget Director Says
 Illinois, which is in its worst financial position ever, will raise the income-tax rate in January to address its deficit, Governor Pat Quinn’s budget director said.
Measat Rises to Six-Year High After on Buyout Bid
 Measat Global Bhd., Malaysia’s sole satellite operator, rose to its highest level in more than six years after billionaire T. Ananda Krishnan bid 662 million ringgit...
Saudi Arabia sees jump in private sector lending
 Bank lending in Saudi Arabia bounced back in June to record its largest monthly gain since August last year and the second-highest growth since late 2008, the latest data from a Riyadh-based Jadwa...
Six Simple Ways to Invest in Yourself
 The single best investment you can make is something most people wouldn't guess: It's investing in yourself. Investing in yourself can make you a millionaire – without having to worry about...
Safe plays for shellshocked investors
 Find promising dividend stocks After missing the majority of the historic stock rally coming out of the lows, investors finally started to put cash into stocks in March of this year...
Shop around for the best rates before using your cards abroad
 Paying for goods and services with a credit card when you travel abroad is increasingly popular, as travellers are reluctant to carry large amounts of cash, and travellers' cheques seem cumbersome...

 

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