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  • B2B CFO EXPANDS IN PENNSYLVANIA Tuesday, July 19, 2011 @ 5:58PMGreensburg, PENN. July 19, 2011 B2B CFO is pleased to announce its expansion in Pennsylvania with the addition of Dennis Kennedy. Kennedy is joining B2B CFO after a 37-year successful corporate career in finance. He joins eight other B2B CFO Partners in Pennsylvania who currently provide CFO services to local business owners. With close to 200 partners across the country, B2B CFO, is the...
  • Anything’s possible if U.S. debt downgraded to AA 0 Tuesday, July 19, 2011 @ 3:41PMFor those who think a deeply indebted United States has begun its long, slow fade as the world’s dominant financial power, the loss of the country’s gold-plated AAA credit rating would seem poetic justice.
  • New York Deadline to Apply for SBA Working Capital Disaster Loans Due to a Variety of 2010 Weather Events is August 17 Tuesday, July 19, 2011 @ 2:49PMATLANTA--(BUSINESS WIRE)--The U.S. Small Business Administration is reminding small businesses that August 17 is the filing deadline for federal economic injury disaster loans available in New York because of excessive rain, flooding, flash flooding, hail and high winds that occurred between June 2, 2010 and July 21, 2010. The SBA’s disaster declaration includes the following counties: Clinton ...
  • Valley National Bancorp Receives State Bancorp, Inc. Regulatory Approval Tuesday, July 19, 2011 @ 2:25PMValley National Bancorp and State Bancorp, Inc. announced today that Valley received approval from both the Office of the Comptroller of the Currency and the Federal Reserve Bank of New York to complete the previously announced merger of State Bancorp, Inc. and its principal subsidiary, State Bank of Long Island with and into Valley and Valley National Bank. Â It is expected that the merger will ...
  • ICBA Comments on Dodd-Frank: One Year Later Tuesday, July 19, 2011 @ 11:33AMAs the Dodd-Frank Wall Street Reform and Consumer Protection Act approaches its one year mark, the Independent Community Bankers of America (ICBA) is working on behalf of the nation’s more than 7,000 Main Street community banks to minimize negative regulatory effects and is advocating for legislation that will ensure the stability and vitality of community banks for generations to come. (PRWeb ...
  • BancorpSouth and Federal Home Loan Bank Provide $198,000 Grant for Affordable Housing for First-Time Homebuyers in ... Tuesday, July 19, 2011 @ 8:58AMBancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth, Inc. , a $13.5 billion-asset financial holding company, recently joined with the Federal Home Loan Bank of Dallas to provide a $198,000 Affordable Housing Program grant to the City of Vicksburg, Mississippi to assist 18 first-time homebuyers with down payment and closing costs. Â The grant funds will help income-qualified homebuyers ...
  • Ezra Klein: How default would harm homeowners, businesses Monday, July 18, 2011 @ 4:03AMWASHINGTON — It’s easy to understand why the government will have more trouble borrowing if it fails to pay its debts. It’s a bit harder to see why ordinary Americans, the city of Pittsburgh, hospitals in Iowa, and medium-sized corporations will have more trouble borrowing. But they will. And their trouble borrowing is the main channel through which a default, or even something too close to it ...
  • Personal Finance: Take control of student loan bills now Monday, July 18, 2011 @ 3:45AMSchool isn't over yet for recent college graduates. Their next test is figuring out how to repay student loans.
  • Fed has to boost small biz Sunday, July 17, 2011 @ 12:27AMThis week Fed Chairman Ben Bernanke made his semiannual trek up Capitol Hill to report to Congress the state of the economy, as required by law. In his prepared remarks, Bernanke said there was more the Fed could do to pep up the anemic economy: "Even with the federal funds...
  • Insurance agents attack GM sales gimmick; tax won't shoo Boeing from Illinois; credit unions' win over banks Sunday, July 17, 2011 @ 12:09AMGM's sales offer of limited free auto insurance doesn't sit well with independent insurance agents.
  • Banks ready for switch to lower loan limits Friday, July 15, 2011 @ 8:11PMHow big a deal is the upcoming cutback in mortgage limits for Fannie Mae , Freddie Mac and the Federal Housing Administration ? Will buyers and sellers who depend on jumbo-sized loans find themselves in a financing squeeze after Oct. 1, when the limits plunge in key markets around the country?
  • U.S. Downgrade Would Ripple Into Every Home Friday, July 15, 2011 @ 3:02PMThe ripple effect from a Aaa downgrade would be widespread and potentially severe, impacting everything from local municipalities and the neighborhood bank to home mortgages and student loans.
  • Tennessee Deadline to Apply for SBA Working Capital Disaster Loans Due to Drought and Excessive Heat is August 8 Friday, July 15, 2011 @ 2:08PMATLANTA--(BUSINESS WIRE)--The U.S. Small Business Administration is reminding small businesses that August 8 is the filing deadline for federal economic injury disaster loans available in Tennessee because of drought and excessive heat that began on June 1, 2010. The SBA’s disaster declaration includes the following counties: Bedford, Bradley, Carter, Claiborne, Cocke, Dyer, Fayette, Hamilton ...
  • Fitch Affs Susanville PFA, CA Water and Gas Util Sr Revs at 'A-'; Sub Revs at 'BBB-'; Outlook Stable Friday, July 15, 2011 @ 1:39PMSAN FRANCISCO--(BUSINESS WIRE)--In the course of routine surveillance, Fitch Ratings affirms the following ratings for Susanville Public Financing Authority (PFA), CA, issued on behalf of the city of Susanville: --$9.7 million revenue refunding bonds, series 2010A affirmed at 'A-'; --$25.2 million revenue refunding bonds, series 2010B affirmed at 'BBB-'. The Rating Outlook is Stable. RATING ...
  • Sports Briefs: World Cup ratings soar in semifinals Friday, July 15, 2011 @ 1:00PMBRISTOL, Conn. -- Work was no match for the Americans as their victory over France drew the highest weekday ratings ever for a Women's World Cup match.
  • Sports In Brief Friday, July 15, 2011 @ 12:13PMSignificant progress on a major sticking point in the NFL labor impasse
  • SA Federal Employees Sweating Out Debt Talks Thursday, July 14, 2011 @ 5:35PMWith the clock ticking on a possible shutdown of the federal government, federal employees around San Antonio are growing increasingly worried about their paychecks.
  • Ethiopia: Addis Abeba's City Administration Prioritises Water Supply Coverage Thursday, July 14, 2011 @ 4:44PMOut of the total budget approved by the Addis Abeba City Council for the next fiscal year, which is 11.8 billion Br, 61pc (7.28 billion Br) is allocated as Capital Budget. Addis Abeba Water and Sewerage Authority (AAWSA) took the lion's share at 26pc. The Addis Abeba City Roads Authority (AACRA), Land Development and Housing Projects took 16.4pc, 13.7pc, and 13.2pc, respectively.
  • Are bank examiners to blame for slow job growth? Thursday, July 14, 2011 @ 3:31PMBringing more players into the banking industry, rather than weakening regulation, would be a boon to small business and employment.
  • Wall Street lobbyists aim to 'reform the reform' Thursday, July 14, 2011 @ 3:31PMSteve Bartlett, head of the Financial Services Roundtable, deployed $2.5 million of the group's cash in the first quarter seeking to gain a sympathetic ear in Washington.
  • Troubled Commercial Real Estate Fixes Are Half Done Thursday, July 14, 2011 @ 2:11PMIt will take two to four more years to resolve bad commercial property debt built up since the financial crisis of 2008, analysts estimate. The task is taking so long amid an "extend and pretend" policy that lets banks carry toxic loans on their books.
  • Economix: Are Bank Examiners to Blame for Slow Job Growth? Thursday, July 14, 2011 @ 6:38AMBringing more players into the banking industry, rather than weakening regulation, would be a boon to small business and employment.
  • Gold price hits record high as eurozone woes spread across Atlantic Wednesday, July 13, 2011 @ 6:15PMPanicky investors drove the price of gold to an all-time high yesterday, amid renewed fears for the future of the European and US economies and rumours that European finance ministers are set to call yet another crisis meeting this Friday, presumably to coincide with what are expected to be disappointing results from so-called "stress tests" on the strength of leading Italian, French and German ...
  • Why Fannie and Freddie Are Not to Blame for the Crisis Wednesday, July 13, 2011 @ 4:14PMJeff Madrick and Frank Partnoy Manuel Balce Ceneta/AP Photo The Fannie Mae building, Washington D.C., 2007 A debate has erupted anew in Washington over whether Fannie Mae and Freddie Mac caused the credit crisis of 2007 and 2008. Their critics claim that these two Government Sponsored Enterprises (GSEs) deserve a lot of the blame because they encouraged mortgage lending to low-to-middle-income ...
  • Baloney - GoldSeek.com Wednesday, July 13, 2011 @ 10:36AMThe mainstream media are all a-twitter. Speaker of the House John Boehner has given up in the President's offer of a solution to the deficit crisis: a $4 trillion deficit reduction package. Oh, the horror! Oh, the pigheadedness of the Republicans!
  • Capital One Reports Second Quarter 2011 Net Income of $911 Million, or $1.97 Per Share Wednesday, July 13, 2011 @ 5:18AMCapital One Financial Corporation today announced net income for the second quarter of 2011 of $911 million, or $1.97 per diluted common share, compared with net income of $1.0 billion, or $2.21 per diluted common share, for the first quarter of 2011, and net income of $608 million, or $1.33 per diluted common share, for the second quarter of 2010. Â
  • Chinese finance comes of age Wednesday, July 13, 2011 @ 3:57AMThe Chinese financial system's evolution in recent years has been extraordinary.
  • Government Subsidies For Business Wednesday, July 13, 2011 @ 1:09AMSubsidies of critical businesses have promoted profitability in many enterprises. Critics have complained of the unfair competitive advantages subsidies create.
  • Group offering disaster loans for fire victims Tuesday, July 12, 2011 @ 10:25PMU.S. Small Business Administration Disaster Assistance Team Leader Emmett Harrigan gets ready to help homeowners, renters and business owners who lost their structures due to the Monument Fire to rebuild with a federal disaster loan, at the Cochise County Complex on Foothills Drive Tuesday. The loan center will be open Monday through Friday from 9 a.m. to 5:30 p.m. until July 28. (Beatrice ...
  • Minutes of Federal Reserve Open Market Committee’s June 22 Meeting: Text Tuesday, July 12, 2011 @ 1:24PMFollowing are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on June 22.
  • Dodd-Frank Forces Banks to Shrink, Reshape Tuesday, July 12, 2011 @ 8:44AMJamie Dimon keeps a tally of the ways Wall Street already has been affected by the largest overhaul of financial regulation in generations.
  • Nigeria: Housing - an Elusive Govt Agenda Tuesday, July 12, 2011 @ 8:21AMAlthough housing is one of the basic needs of mankind, the inability of successive governments in Nigeria to effectively tackle the problem of housing has cast a huge question mark on their capabilty to deliver, even if they fared fairly in other sectors.
  • The Euro and You Monday, July 11, 2011 @ 7:40PMSince 2007, global bureaucrats have attempted to ward off the inevitable. Attempts to prevent a euro eruption have become preposterous. A week does not go by without the the European Central Bank (ECB) reducing its standards of collateral.
  • Stuck in a market shadowland Monday, July 11, 2011 @ 3:32PMEconomies on both sides of the Atlantic are enveloped in a fog of debt and stockmarkets are paying the price. But while there's a way out of the darkness, political will is hard to come by. 12 Jul 2011 10:10 AM
  • SBA Disaster Loans Available in Tennessee Following Secretary of Agriculture Disaster Declaration Monday, July 11, 2011 @ 1:42PMATLANTA--(BUSINESS WIRE)--The U.S. Small Business Administration announces today that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in Tennessee as a result of severe storms, tornadoes, high winds and flooding that began on April 23 ...
  • Pork On The Rise Monday, July 11, 2011 @ 6:26AMUh oh. China has an inflation problem. Food prices are up 14% in the last year. And pork is 57% more expensive than this time last year. Consumer prices rose 6.4% in June, and producer prices were up 7.1%. This is a problem for Australia.
  • Nigeria: People Want me Dead Because of Politics -Akpabio Monday, July 11, 2011 @ 5:35AMAkwa Ibom State Governor, Godswill Akpabio, recently spoke to some senior reporters about politics and development in his state. Editor, Olumide Iyanda, was there.
  • Underbanked and Unbanked Consumers in the U.S.: Successfully Targeting Consumers of Alternative Financial Services Monday, July 11, 2011 @ 3:56AMReportlinker.com announces that a new market research report is available in its catalogue:
  • Time for free-market populism from the GOP Sunday, July 10, 2011 @ 7:26PMTimothy P. Carney Senior Political Columnist Follow Him @TPCarney President Obama, ignoring his own calls to leave rhetoric at the door, has relied on populist demagoguery throughout the debt-ceiling negotiations. But given the President's record of bailouts, his dedication to corporate-welfare handouts, and his calendar filled with $35,800-a-plate fundraisers, Republicans ought to ...
  • Labor and Greens in a tug-o-war Sunday, July 10, 2011 @ 12:31AMWhile the finer details of the government's carbon policy will take weeks to dissect, one thing is immediately clear: the Greens and Labor see the package in very different ways. 10 Jul 2011 3:19 PM
  • Gillard reveals carbon price scheme Saturday, July 9, 2011 @ 9:16PMJulia Gillard says households will get billions in compensation as the new carbon tax charts Australia's course to a clean energy future.
  • Federal Grant For PDIII Will Provide GIS Training To Rural Counties Friday, July 8, 2011 @ 2:43AMRural counties in South Dakota will be getting some new perspective in the next three years thanks to a grant from the United States Department of Agriculture.
  • Don't waste your energy on the carbon tax Thursday, July 7, 2011 @ 11:39PMComment Pricing carbon in Australia is about pricing carbon, not saving the planet - it won't do much and it won't hurt much either.
  • Farm subsidies may face cuts Thursday, July 7, 2011 @ 5:25PMFederal subsidies received by nearly 80,000 Tennessee farmers, including Republican Rep. Stephen Fincher of Frog Jump, are at risk as lawmakers scrutinize every corner of the federal budget for programs to cut.
  • Xfone Announces Rights Offering Wednesday, July 6, 2011 @ 3:12PMXfone, Inc. (NYSE Amex and TASE: XFN) ("Xfone or "the Company) announces that its Board of Directors has approved a direct rights offering (the ...
  • Obama says "back to the drawing board" on mortgage help Wednesday, July 6, 2011 @ 2:43PMAt his "Twitter town hall," President Obama says his administration hasn't done enough to help struggling homeowners
  • North Carolina Deadline to Apply for SBA Working Capital Disaster Loans Due to Drought is August 1 Wednesday, July 6, 2011 @ 1:51PMATLANTA--(BUSINESS WIRE)--The U.S. Small Business Administration is reminding small businesses that August 1 is the filing deadline for federal economic injury disaster loans available in North Carolina because of drought and excessive heat that occurred from May 1 through October 1, 2010. The SBA’s disaster declaration includes the following counties: Alamance, Anson, Beaufort, Bertie, Bladen ...
  • Crediting the Upgrade Tuesday, July 5, 2011 @ 12:14AMTweetThe Makati Business Club which by and large supported the candidacy of PNoy paid him homage in his first year in office by crediting his administration for the numerous credit upgrades the country received, but the underlying cause might be found elsewhere. The MBC spoke of the way in which the administration fostered macroeconomic stability [...]
  • Russian Press at a Glance, Monday, July 4, 2011 Sunday, July 3, 2011 @ 11:36PMA brief look at what is in the Russian papers today
  • Chamber helps to brighten the difficult 1970s Saturday, July 2, 2011 @ 11:56PMThe Greater Chambersburg Chamber of Commerce is 100 years old in 2011. Each month we will take a look back at Chamber history, one decade at a time. Today we examine the decade from 1971-81.