| Talk of the bay: Auto dealers' ads can take you for a ride
This just in: Some auto-dealership ads may be misleading. The less-than-surprising warning issued Thursday by the Florida Attorney General's Office says car buyers should steer clear of dealer offers to pay off their existing car loan or lease. The loan or lease obligation does not disappear in such cases; instead, the buyer ends up owing the dealer, and because of penalties the loan balance often increases. A dealer may try to hide the extra debt burden by lengthening the repayment period. In an unrelated settlement reached in November, Bill Heard Chevrolet of Plant City and Orlando agreed to pay the state $400,000 and not run misleading radio or print ads. Ruling nets Spain shipwreck details The Spanish government will receive detailed information about a shipwreck site where Tampa's Odyssey Marine Exploration found $500-million worth of coins and artifacts last year, a federal judge ruled Thursday.
Law Offices Of Howard G. Smith Files Class Action Lawsuit Against ...
1/11/2008 9:01:44 PM Friday, law offices of Howard G. Smith filed class action lawsuit against Security Capital Assurance Ltd. (SCA) on behalf of investors who bought the common stock of Security Capital Assurance between April 23, 2007 and December 10, 2007. The class action lawsuit was filed in the United States District Court for the Southern District of New York.
The company noted that the complaint alleges that defendants violated federal securities laws by issuing material misrepresentations to the market concerning Security Capital's financial performance and prospects, thereby artificially inflating the price of the company's securities.
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Guest Tek Interactive Entertainment Names Six Directors To Board - Quick Facts [GTK.TO]
1/11/2008 8:35:54 PM Guest Tek Interactive Entertainment Ltd., (GTK.TO) on Friday revealed the election of Kelly Blake, Tadashi Ishihara, Arnon Levy, Naohiro Sato, Stephen Verhoeff, and Masuo Yoshimoto to the company's board of directors.
The Honey Project empowers teen entrepreneurs
When high school students want to get experience in running a business, they usually take up summer internships or shadow corporate executives. But several Broward County students have taken it a big step further - they are running their own honey business and with a global twist. The Honey Project is a program tied to the Junior Achievement Youth Entrepreneurship Program and the Minority E-Commerce Association - also known as MECA. It selects 15 Broward high school students to run the business, which sells organic African honey. Nathan Burrell, founder of MECA, conceptualized The Honey Project and along with being a partner in the business, he serves as an adviser for the students. "There are many after-school programs that focus on career training or reading or certain things from that standpoint, but we're one of the few unique projects that talk about youth entrepreneurship, in a sense that really gives the students an opportunity to own and manage their own business," Burrell said.
Four regional fires, but no real trouble
CFA incident controller Mark Cartledge said the fire posed no real threat to life or property. "However, if it was on a day of total fire ban, it would have been a totally different story," Mr Cartledge said. The cause of the fire is yet to be determined. Nine hours later at Learmonth, a fallen powerline sparked a small grass and scrub fire at 9am in Pattersons Rd. The fire, which was quickly brought under control, destroyed half an acre of farmland. It was attended by crews from Learmonth and Invermay. Less than two hours later at 10.54am, a faulty powerline once again caused a "very small" fire, this time in Alfredton near the Sturt St end of Ring Rd. The spot fire, which started after the powerline blew a fuse, was put out by a passerby, who fortunately happened to be a member of the Smythesdale Fire Brigade.
Nov 29, 8:04 AM EST
TULSA, Okla. (AP) -- Two televangelists have resigned their posts as regents at Oral Roberts University, as the debt-ridden school tries to regroup following a spending scandal involving its former president. The university on Thursday also settled with one of three professors who filed a wrongful termination lawsuit against the school. Benny Hinn and I.V. Hilliard resigned as regents, where they were involved in making major school decisions, university spokesman Jeremy Burton said Thursday. Burton declined to say why the two resigned, but said both wrote the board to express their support for the school's mission. The resignations come a month after the resignations from the board of regents of two other televangelists, Jesse Duplantis and Creflo Dollar. Hinn and Dollar are among six televangelists being investigated by Iowa Sen.
Gazprom, Rosneft at War of Succession
Sibneft and Gazprom have reached principal agreement on selling Sibneft stocks to the gas monopoly, Interfax reported Friday, pointing out the deal parameters, including the budget and sources of funding, have not been determined yet. As long as the price remains unclear, it is too early to speak of any agreement, sources of Kommersant insist. As informed earlier, Gazprom is eying the stake of 92 percent in Sibneft (where the principal holders, including Chukotkas governor Roman Abramovich, own 72 percent) and is in talks to raise a loan of $10 billion.
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July 2006
An American car company can move its factories to Mexico and claim it's a Free Market. An American toy company can outsource to a Chinese sub-contractor and claim it's a Free Market. An American branded shoe company can produce its shoes in India and claim it's a Free Market. An American bank can move its corproation to Bermuda to avoid U.S. twes and claim it's a Free Market. We can buy cheaper ink-jet printers made in Mexico and cheaper sports shorts made in Bandladesh, because it's a Free Market. In fact, we can purchase almost anything we want (and save money by doing so) from twenty different foreign countries because it's a Free Market... Free for some, but illegal for you and me But Heaven help the Elderly and Disabled who dare to buy their prescription drugs from a Canadian Pharmacy! That, our leaders say, is Un-American.
UCSF dean is fired, cites whistle-blowing
Dr. David A. Kessler, dean of the UC San Francisco School of Medicine, said Friday that he was fired from his post after raising questions about alleged financial improprieties at the school, one of the nation's most prestigious.
Kessler, formerly a high-profile commissioner of the U.S. Food and Drug Administration, said he was asked to resign in June and to keep his concerns private. He refused, he said.
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