Monthly Archives: March 2011

Investors considering medical marijuana IPOs

Hydroponic growthMedical marijuana and hydroponic supply companies are growing quickly, and two of the larger companies are considering offering public stock.

Bitter winter chills demand and new home sales plummet

Home constructionThe bitter winter, sluggish demand and lousy credit availability have chilled demand for new homes, and new home sales have dropped.

Understanding the down side of avoiding credit

A stack of credit cards against a black tabletop.Eschewing credit is not a good way to build a credit history. Creditors want to see the borrower can handle credit responsibly.

Firefox 4 smokes Internet Explorer 9 in first day downloads

download dayFirefox 4 tripled the number of first day downloads logged by IE9, but it was helped by Microsoft's decision not to support Windows XP.

Demand that debt collectors verify your debt before paying

A woman's hands emerging from the deep end of a full pool, struggling to reach the exit rail.When debt collectors beat down your door, stand up to them, and demand that they provide you with written verification of the debt.

Unreported health care costs for Americans add up to billions

AmbulanceAmericans spend more on health care than surveys report. Hidden costs such as ambulances and alternative treatments cost billions annually.

Google Books ruling based on copyright and antitrust concerns

google books settlementGoogle's project to digitize all of books in the world has been set back legally, but the judge has left open a window to eventual approval.

Treasury kicks off small business lending with $53.4 million

Open signMissouri, Vermont and Connecticut will be getting a boost to their small-business lending programs from the United States Treasury.

State university tuition hikes to lead to more student debt

UniversityThe cost of tuition for higher education is increasing, and state universities are likely to keep raising rates because of budget cuts.

Supreme Court forces Fed to fess up about discount window loans

discount window loansThe Supreme Court legally binds the Fed to reveal which banks took discount loans during the financial crisis and how much they borrowed.

Maryland challenges sovereign immunity in tribal lending case

The Western Sky Financial corporate logo, which depicts three teepees within the image of a setting sun.Maryland is taking personal loans portal Western Sky Financial to court over personal loan rates. The company claims sovereign immunity.

Delta Air Lines reduces services to Japan as fuel prices rise

DeltaDelta Air Lines is reducing service to Japan as the quake has cost airlines a lot of business, making the increasing cost of jet fuel worse.

Social Security Disability Insurance may go dry in 4 years

A food plate that has been cleared of its former contents.Disabled workers of the U.S. may face a bankrupt SSDI fund in as little as 4 years, experts warn.

Amazon defies Apple lawsuit by opening Appstore

Apps on an Android cellphoneOnline retailer Amazon has defied Apple's cease-and-desist order by opening their Appstore today -- a move that could end up costing consumers.

Debit card rewards next on the chopping block at large banks

Chase cardThe largest banks in the nation are adding debit card rewards program to the chopping block, due to new interchange fee rules.

Money-saving ways to avoid online news subscription paywalls

The Daily owner Rupert Murdoch waving a clenched fist.Online news junkies with tight budgets, rejoice. There are many ways to circumvent digital news paywalls.

Beware phantom debt pains from charge-offs

A sad female clown.Beware: Even after debt debt drops off your credit report, debt collectors may still be able to collect. Arm yourself with information.