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Business & Economics :: Money

LMPD detective becomes victim during credit card skimming investigation

wdrb.com

LMPD detective becomes victim during credit card skimming investigation

- LOUISVILLE, Ky. (WDRB) -- An undercover investigation into a man for suspected credit card skimming found that an LMPD detective was one of the suspect's alleged victims. According to the arrest report, 31-year-old Noslen Hernandez Guerra was under investigation for suspected credit card skimming when one of the detectives learned that his credit card had been "skimmed and used at multiple Thornton's gas stations in Louisville to purchase at least $250 in diesel fuel
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Categories: Business | 
Tags: Money |  Credit Cards |  Credit | 
Places: Americas |  North America |  United States |  Kentucky |  Clay | 

Walker County may have to file for bankruptcy and cut services

abc3340.com

Walker County may have to file for bankruptcy and cut services

- Walker County, Ala. — The future of Walker County is up in the air. The county may now have to file for bankruptcy and cut services. This comes after voters in the county said "no" Tuesday to a one cent sales tax increase. County officials say the extra penny would have helped keep the county afloat. County Commission Chair Jerry Bishop says that money would have generated between 7 and 8 million dollars annually
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Categories: Business | 
Tags: Money |  Debts |  Insolvency |  Bankruptcy | 
Places: Americas |  North America |  United States |  South |  Southeast US |  Alabama |  Walker | 

Facebook CEO Mark Zuckerberg: It should be obvious that neo-Nazis are wrong, it's disgraceful that it must be said

cnbc.com

Facebook CEO Mark Zuckerberg: It should be obvious that neo-Nazis are wrong, it's disgraceful that it must be said

- Facebook CEO Mark Zuckerberg broke his silence on Wednesday after a white supremacy rally in Virginia over the weekend that resulted in one death. Zuckerberg said that while the process might not be perfect, the social media company is actively monitoring for threatening posts celebrating terrorism after the rally in Charlottesville. He also noted that the public discourse today lacks depth — at a time when Facebook is being accused of creating echo chambers of discussions
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Categories: Business | 
Places: Americas |  North America |  United States | 

Weis Markets reports sales, income were up in second quarter

pennlive.com

Weis Markets reports sales, income were up in second quarter

- SUNBURY -- Sales and net income of Weis Markets Inc. were up in its second quarter that ended July 1. In a report to stockholders, Jonathan Weis said sales increased 20 percent to $876.6 million compared with the same quarter in 2016. During the same period, net income increased 21 percent to $18.5 million and operating income increased 15.2 percent to $27
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Categories: Business | 
Tags: Markets |  Corporate |  Enterprises |  Money |  Sales |  Income |  Net income | 
Places: Americas |  North America |  United States |  Northeast |  Atlantic |  Pennsylvania | 

Judge OKs Takata request to halt some air bag lawsuits

detroitnews.com

Judge OKs Takata request to halt some air bag lawsuits

- Dover, Del. — A Delaware bankruptcy judge is temporarily halting the prosecution of lawsuits filed by Hawaii, New Mexico and the U.S. Virgin Islands against Japanese auto-parts supplier Takata over its lethally defective air bag inflators. Judge Brendan Shannon ordered the 90-day stay Wednesday after hearing arguments last week on Takata’s request to halt hundreds of air bag-related lawsuits while it works on a reorganization plan
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Categories: Business |  Motoring |  Law & Crime | 
Tags: Judiciary |  Money |  Debts |  Laws |  Law and commerce |  Civil Actions |  Insolvency |  Bankruptcy |  Bankruptcy | 
Places: Americas |  North America |  United States | 

The youngest billionaires in the world for 2017

chron.com

The youngest billionaires in the world for 2017

- A record number of billionaires under the age of 40 appeared on last year's billionaire's list. From tech guys to trust-fund babies, the top billionaires around the world are getting younger. The youngest billionaire in the world for the second-year running is 20-year-old Alexandra Andresen. Alexandra and her sister Katharina Andresen, 21, joined the World's Billionaires List in 2016 when their father transferred control of their family's investment company to the sisters, who each have a $1
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Categories: Business | 
Tags: Money |  Wealth |  Billionaires | 
Places: Americas |  North America |  United States |  South |  Southcentral US |  Texas | 

Alaska Dispatch News bankruptcy sheds light on distressed company’s finances

adn.com

Alaska Dispatch News bankruptcy sheds light on distressed company’s finances

- A new document filed in federal bankruptcy court Tuesday shows the dire financial situation at Alaska Dispatch News and how close the newspaper came to losing its print operations and shutting down entirely before new publishers emerged last week. The company filed for Chapter 11 bankruptcy protection on Saturday. Former publisher Alice Rogoff, through Alaska Dispatch News LLC, still owns the organization as it moves through the bankruptcy process
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Categories: Business | 
Tags: Money |  Finance |  Debts |  Insolvency |  Bankruptcy | 
Places: Americas |  North America |  United States |  Alaska | 

Trump budget cuts will hurt low-income families, speakers say

missoulian.com

Trump budget cuts will hurt low-income families, speakers say

- Pointing to the Berkeley Pit, retired state cleanup manager Joe Griffin said Monday, “Let Butte be a lesson to the world.” Griffin was one of four speakers at a press conference overlooking the pit to raise the public’s awareness about what President Donald Trump’s proposed cuts to the Environmental Protection Agency and other federal agencies could mean to Butte and Anaconda residents
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Categories: Politics & Government |  Business | 
Tags: Politicians |  Money |  Income |  Donald John Trump | 
Places: Americas |  North America |  United States |  West |  Mountain |  Montana |  Butte | 

Air Berlin files for bankruptcy after shareholder pulls plug

aurorasentinel.com

Air Berlin files for bankruptcy after shareholder pulls plug

- BERLIN | Germany’s second largest airline, Air Berlin, is filing for bankruptcy protection after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available following years of unsuccessful turnaround attempts. The loss-making airline, which carries some 80,000 people a day mostly on short-haul destinations, will get a 150 million euro ($177 million) government loan to keep flights running and not leave travelers stranded during the peak summer season
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Categories: Business | 
Tags: Corporate |  Enterprises |  Money |  Debts |  Shareholders |  Insolvency |  Bankruptcy | 
Places: United States |  Europe |  C. Europe |  Germany |  Berlin | 

It’s the Economy, Democrats, but Inequality Is Not the Issue

nytimes.com

It’s the Economy, Democrats, but Inequality Is Not the Issue

- Photo ASPEN, Colo. — Is income inequality the defining challenge of our time? Bernie Sanders thinks so. He ran for president as inequality’s most ardent foe. So does Elizabeth Warren, the other champion of the Democratic Party’s left. Even President Barack Obama, in his understated way, seemed to agree. Notably, he engineered perhaps the most aggressive redistribution of income since President Lyndon B
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Categories: Politics & Government |  Business |  Society & Culture | 
Tags: Political Parties |  Economy |  Money |  Society |  Economics |  Inequality |  Income |  Party Politics | 
Places: Americas |  North America |  United States | 

German carrier Air Berlin filing for bankruptcy

koat.com

German carrier Air Berlin filing for bankruptcy

- BERLIN (AP) — Germany’s second largest carrier, Air Berlin, is filing for bankruptcy protection after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available. The loss-making airline said Tuesday that after Etihad pulled funding, it “came to the conclusion that there was no further positive way ahead for Air Berlin.” To allay travelers’ fears that they could be stranded on summer holiday, the German government immediately said it would provide a loan of 150 million euros ($177 million) so the airline it can continue flights for the time being
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Categories: Business | 
Tags: Money |  Debts |  Insolvency |  Bankruptcy | 
Places: Americas |  North America |  United States |  Europe |  C. Europe |  Germany |  West |  Mountain |  New Mexico |  Berlin | 

BlueCrest is latest company to stop work, citing state’s defunct cash-for-credits scheme

alaskapublic.org

BlueCrest is latest company to stop work, citing state’s defunct cash-for-credits scheme

- Earlier this month, BlueCrest Energy Inc. announced that it is going to pause its drilling operation in Cook Inlet. The company blamed Alaska’s controversial cashable tax credit program, saying the state still owes them nearly $100 million. Without that money, BlueCrest said it cannot afford to keep drilling. Alaska has a nearly $1 billion bill hanging over its head. The tab comes from a program that the state used to entice smaller, independent companies to explore new fields and, hopefully, develop them into producing oil and gas
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Categories: Business | 
Tags: Money |  Credit | 
Places: Americas |  North America |  United States |  West |  Pacific |  Alaska | 

Domestic demand keeps Germany driving euro zone economy in second quarter

reuters.com

Domestic demand keeps Germany driving euro zone economy in second quarter

- BERLIN (Reuters) - Strong household spending, rising state expenditure and higher company investments consolidated Germany's role as the euro zone growth engine in the second quarter, although accelerating imports meant growth came in just below expectations. But the growth rate for the first quarter was revised up to 0.7 percent from 0.6 percent, and the April-June expansion marked a 12th consecutive quarter of growth
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Categories: Business | 
Tags: Money |  Expenditure |  Money Management | 
Places: United States |  Europe |  C. Europe |  Germany |  Berlin | 

Leech Lake tribe unveils new solar panel arrays to benefit low-income communities

grandforksherald.com

Leech Lake tribe unveils new solar panel arrays to benefit low-income communities

- CASS LAKE, Minn.—The Leech Lake Band of Ojibwe celebrated a big step forward Monday in its push for sustainability.At a ceremony, fittingly under sunny skies,
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Categories: Business |  Society & Culture | 
Tags: Money |  Society |  Communities |  Tribes |  Income | 
Places: Americas |  North America |  United States | 

Leech Lake tribe unveils new solar panel arrays to benefit low-income communities

inforum.com

Leech Lake tribe unveils new solar panel arrays to benefit low-income communities

- CASS LAKE, Minn.—The Leech Lake Band of Ojibwe celebrated a big step forward Monday in its push for sustainability.At a ceremony, fittingly under sunny skies,
Read More ...

Categories: Business |  Society & Culture | 
Tags: Money |  Society |  Communities |  Tribes |  Income | 
Places: Americas |  North America |  United States |  Midwest |  West |  North Dakota | 

New warning for those with chip credit cards

katu.com

New warning for those with chip credit cards

- CHICAGO (WKRC) - You may have heard EMV credit cards - the ones with the chip - are more secure, and while many consider that true, using it still comes with a risk. WLS-TV reports the chips can fall out, and you may not notice because many places still let you swipe your card. This could leave you vulnerable to fraud
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Categories: Business | 
Tags: Money |  Credit Cards |  Credit | 
Places: Americas |  North America |  United States | 

Bill Gates makes largest donation of Microsoft stock since 2000 with $4.6 billion gift

seattletimes.com

Bill Gates makes largest donation of Microsoft stock since 2000 with $4.6 billion gift

- Microsoft co-founder Bill Gates made his largest gift since the turn of the century, giving away Microsoft shares that accounted for 5 percent of his fortune, the world’s biggest. The billionaire donated 64 million of the software company’s shares valued at $4.6 billion on June 6, according to a Securities and Exchange Commission filing released Monday. While the recipient of the gift wasn’t specified, Gates has made the majority of his donations to the Bill & Melinda Gates Foundation, the charity he and his wife use to direct their philanthropic efforts
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Categories: Business | 
Places: United States | 

Popular Stories

Money - United States

  • Facebook CEO Mark Zuckerberg: It should be obvious that neo-Nazis are wrong, it's disgraceful that it must be said
    Facebook CEO Mark Zuckerberg: It should be obvious that neo-Nazis are wrong, it's disgraceful that it must be said

    , cnbc.com

    Facebook CEO Mark Zuckerberg broke his silence on Wednesday after a white supremacy rally in Virginia over the weekend that resulted in one death. Zuckerberg said that while the process might not be perfect, the social media company is actively monitoring for threatening posts celebrating terrorism after the rally in Charlottesville. He also noted that the public discourse today lacks depth — at a time when Facebook is being accused of creating echo chambers of discussions
    Read More ...

     

    Categories: Business | 
    Places: Americas |  North America |  United States | 

Wealth

  • Facebook CEO Mark Zuckerberg: It should be obvious that neo-Nazis are wrong, it's disgraceful that it must be said
    Facebook CEO Mark Zuckerberg: It should be obvious that neo-Nazis are wrong, it's disgraceful that it must be said

    , cnbc.com

    Facebook CEO Mark Zuckerberg broke his silence on Wednesday after a white supremacy rally in Virginia over the weekend that resulted in one death. Zuckerberg said that while the process might not be perfect, the social media company is actively monitoring for threatening posts celebrating terrorism after the rally in Charlottesville. He also noted that the public discourse today lacks depth — at a time when Facebook is being accused of creating echo chambers of discussions
    Read More ...

     

    Categories: Business | 
    Places: Americas |  North America |  United States | 

Debts

  • Walker County may have to file for bankruptcy and cut services
    Walker County may have to file for bankruptcy and cut services

    , abc3340.com

    Walker County, Ala. — The future of Walker County is up in the air. The county may now have to file for bankruptcy and cut services. This comes after voters in the county said "no" Tuesday to a one cent sales tax increase. County officials say the extra penny would have helped keep the county afloat. County Commission Chair Jerry Bishop says that money would have generated between 7 and 8 million dollars annually
    Read More ...

     

    Categories: Business | 
    Tags: Money |  Debts |  Insolvency |  Bankruptcy | 
    Places: Americas |  North America |  United States |  South |  Southeast US |  Alabama |  Walker | 

Expenditure

  • Gates foundation to spend over $300 million in Tanzania in 2017
    Gates foundation to spend over $300 million in Tanzania in 2017

    , reuters.com

    DAR ES SALAAM (Reuters) - Bill Gates has told Reuters his foundation plans to spend more than $300 million in Tanzania this year on public health and poverty reduction programs. In an interview, the billionaire said aid was now being spent "in a smarter way" in some parts of the world. "Some countries have made good progress in the reduction of childhood deaths and reduction in poverty, with Tanzania being a good example," said Gates, during a visit to the east African country
    Read More ...

     

    Categories: Business |  Health | 
    Tags: Money |  Expenditure |  Money Management | 
    Places: Sub-Saharan |  E. Africa |  Tanzania |  United States | 

Credit

  • JUST IN: Credit card skimmer found on Anderson Mill Road
    JUST IN: Credit card skimmer found on Anderson Mill Road

    , mystatesman.com

    A fuel pump credit card skimmer was found at the AMA Mart located on 10700 Anderson Mill Road Wednesday after TDA inspectors responded to a complaint. The Austin Police Department was notified and dispatched to the location for a follow-up. Two skimmers were successfully found and the devices have been removed. The fuel station stated it was unaware of the devices and is not implicated in any illegal activity in regards to the skimmers
    Read More ...

     

    Categories: Business | 
    Tags: Money |  Credit Cards |  Credit | 
    Places: Americas |  North America |  United States |  West |  Pacific |  Alaska |  Denali |  Anderson | 

Money Management

  • Are index funds a bad idea in shaky market? | Biz Brain
    Are index funds a bad idea in shaky market? | Biz Brain

    , nj.com

    Q. I'm invested in all index funds, some more aggressive than others. I do it because of the low expenses. Am I missing out on anything with actively managed funds, especially now that the market is higher and I'm expecting some kind of correction soon?-- Concerned. A. There's no doubt that high expenses will eat into your returns, and that's a major reason why index funds are so popular
    Read More ...

     

    Categories: Business | 
    Tags: Markets |  Money |  Finance |  Investments |  Expenditure |  Investment Funds |  Money Management | 
    Places: Americas |  North America |  United States | 

Billionaires

  • The youngest billionaires in the world for 2017
    The youngest billionaires in the world for 2017

    , chron.com

    A record number of billionaires under the age of 40 appeared on last year's billionaire's list. From tech guys to trust-fund babies, the top billionaires around the world are getting younger. The youngest billionaire in the world for the second-year running is 20-year-old Alexandra Andresen. Alexandra and her sister Katharina Andresen, 21, joined the World's Billionaires List in 2016 when their father transferred control of their family's investment company to the sisters, who each have a $1
    Read More ...

     

    Categories: Business | 
    Tags: Money |  Wealth |  Billionaires | 
    Places: Americas |  North America |  United States |  South |  Southcentral US |  Texas |