Monthly Archives: December 2010
Arizona sues Bank of America over loan modifications
Arizona is suing Bank of America for fraud over mortgage loan modification practices. Nevada reportedly will follow suit in the near future.Saccharin not a health threat but may still cause weight gain
The EPA has removed saccharin from the list of products that require documentation for disposal. This doesn't mean saccharin's totally safe.Picower estate to pay $7.2 billion in Madoff fraud agreement
Madoff trustee Irving Picard has reached a $7.2 billion settlement with Madoff associate Jeffry Picower's estate in relation to the Ponzi scheme.Shoppers need less pay day cash to nab holiday gifts
The prices on a lot of consumer goods are at the lowest levels in decades, so shoppers may have to part with less pay day cash this season.Bank On Dallas trying to reduce need for Texas payday loans
The Dallas City Council is trying to limit the customer base for short-term credit by creating a new program for unbanked customers...Tax bill passes Congress and extends Bush tax cuts
The tax bill extending the Bush-era tax cuts has passed through Congress and will be signed by the president, thanks to bipartisan effort...Did CDC food-borne illness estimate undercut food safety bill?
Some think the timing of a CDC report revising foodborne illness cases downward from earlier estimates was influenced by politics. ...Free Shipping Day precedes Christmas shipping deadlines 2010
Today is the day you can get free shipping by Christmas for many online stores -- but if you're shipping yourself, the deadlines are coming too.San Diego Small Business Micro Revolving Loans boost companies
Stressed San Diego small businesses can apply for Small Business Micro Revolving Loans. They're like installment loans for a small business.Fewer people are under water on mortgage bank loans
The number of people under water on the bank loans they used to purchase homes has declined, but that's partly because of foreclosures.New Fed proposal takes aim at excessive debit card swipe fees
The Fed wants to bring swipe fees closer to what it costs banks to process debit card transactions, as required in the financial reform bill.Swine flu making a comeback in Britain
After a pandemic and panic last year, the swine flu is starting to make a comeback. Many new cases are starting to occur in Great Britain...IKEA gives 12,400 bicycles, custom-made, for holiday bonus
IKEA gave each of its employees a flat-pack, assemble-your-own custom bicycle as a holiday bonus. Is this a hypocritical move for the company?Mac App Store poised to disrupt the software universe on Jan. 6
The Mac App Store, which sells Mac software under the Apple App Store model, is expected to upend the software development industry ...Rome and Moscow plagued by protests and riots
Riots have been breaking out all over Europe in recent months. Recent riots in Rome and in Moscow plunged both capital cities into chaos.Homemade bombs false alarm | New Haven explosives were fireworks
Christopher Clark's apartment was reported to the fire department for smoke, but so-called "homemade bombs" were also found in his residence.New Fed exhibits proactive approach on credit cards
The Fed, in full contrast to recent regulatory policy, recently announced changes that will close certain key loopholes within the CARD Act.
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