Archive for April 2011
Law firm gets a new name and partner
The Connolly O’Malley Lillis Hansen Olson law firm has changed its name to Lillis O’Malley Olson Manning Pose & Van Dike LLP to reflect contributions that senior attorneys have made to the firm, William Lillis, …
Read MoreDownload Google videos or lose them
After April 29, Google Videos will stop hosting videos; after May 13, the content will be gone forever, The Washington Post and CenterNetworks reported. Google Inc. has added a “Download” button to its videos website …
Read MoreTechnology on the move in smartphone payments
One in five smartphones will have near field communication (NFC) capabilities by 2014, according to Juniper Research, an affiliate of Forrester Research Inc. The technology is a key ingredient of contactless payments, in which smartphones …
Read MoreDeparting FDIC chair promotes more regulation for large banks
American banks should refinance their riskier investment banking operations and the United States should adopt more stringent banking regulations, the departing director of the Federal Deposit Insurance Corp. (FDIC) told the Financial Times.
“(For) the …
Read More‘Negative’ forecast for U.S. debt
Standard & Poor’s put a “negative” outlook on the United States’ AAA credit rating, citing rising budget deficits and debt, Bloomberg reported.
“We believe there is a material risk that U.S. policy-makers might not reach …
Read MoreJudge dismisses Stanbrough bankruptcy
U.S. Bankruptcy Judge Anita Shodeen has rejected efforts by developer Dan Stanbrough to reorganize the finances of a business that operates the Keck City Center at 500 Grand Ave. Dan Stanbrough LC had been under …
Read MoreDeveloper Randy Walters can’t pay debts on Johnston property, court official says
Owing more than $500,000 in delinquent property taxes and unable to pay a bank loan, developer Randall Walters stands little chance of successfully reorganizing the finances of a property he owns in Johnston, according to …
Read MoreFDIC: Dodd-Frank would have protected Lehman creditors
Under the The Dodd–Frank Wall Street Reform and Consumer Protection Act, Lehman Bros. Holdings Inc. creditors would have recovered 97 cents on the dollar rather than the estimated 21 cents they have received since the …
Read MoreFBL in agreement for reorganization of investment trust funds
Federated Investors Inc. has reached an agreement to reorganize the portfolios of EquiTrust Series Fund Inc. and EquiTrust Variable Insurance Series Fund into comparable mutual funds managed by Federated. The EquiTrust Mutual Funds, currently managed …
Read MoreRenewable energy investment falls sharply
New investment in renewable energy through asset finance, share sales, venture capital and private equity fell by more than a third to $31.1 billion in the first three months of the 2011, Bloomberg reported.
That’s …
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