Thursday 27 January 2011 9:04 am Share Tags: NULL alison.lock Show Comments ▼ More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm P&C profits down despite sales volume growth Household products maker Procter & Gamble followed rival Colgate Palmolive in posting lower profit for its second-quarter trading as rising commodity costs and low revenue growth hurt performance.The Gillette brand owner earned $3.33bn (£2.1bn), in the three months from October to December – a 28 per cent decline from $4.66bn, or $1.49 per share, in the same period in 2009. Per share, it delivered $1.11 earnings, a 26 per cent decline from the $1.49 a year earlier.P&G saw sales climb two per cent to $21.3bn and the volume of goods sold rose six per cent – but it saw more volume growth in its new lower-priced products, which has weighed on its profits.“We are expanding market shares by touching and improving the lives of more consumers in more parts of the world, more completely through our innovation and expansion plans,” said chief executive Bob McDonald.Much of the decline stemmed from it delivering an unusually high second quarter result in 2009 after the sale of its pharmaceuticals business. Excluding unusual items, earnings from continuing operations were $1.13 a share, above analysts’ forecasts of $1.1. P&G stood by its fiscal 2011 forecasts, calling for earnings from continuing operations of $3.91 to $4.01 per share and organic sales growth of four to six per cent. Analysts expect slightly less.
Standard Bank Malawi Limited (STNBIC.mw) listed on the Malawi Stock Exchange under the Banking sector has released it’s 2001 annual report.For more information about Standard Bank Malawi Limited (STNBIC.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the Standard Bank Malawi Limited (STNBIC.mw) company page on AfricanFinancials.Document: Standard Bank Malawi Limited (STNBIC.mw) 2001 annual report.Company ProfileThe Standard Bank of Malawi is a financial services institution in Malawi providing products and services for personal and business banking, corporate and investment banking, and Treasury and Capital Management. The company provides a wide range of products; from transactional accounts, electronic banking and short- and long-term savings accounts to vehicle and equipment finance, bancassurance, structured finance, corporate lending and foreign exchange. The Standard Bank of Malawi also provides financial services to the government of Malawi, parastatals, financial institutions and international counterparts. It is a subsidiary of Standard Group in South Africa. The organisation was previously known as the Commercial Bank of Malawi and opened its first branch in Limbe in the Blantyre District in 1970. Today, the financial institution has a national footprint with 19 branches in the major towns and cities of Malawi. Standard Bank of Malawi is listed on the Malawi Stock Exchange
Meikles Limited (MEIK.zw) listed on the Zimbabwe Stock Exchange under the Industrial holding sector has released it’s 2009 abridged results.For more information about Meikles Limited (MEIK.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Meikles Limited (MEIK.zw) company page on AfricanFinancials.Document: Meikles Limited (MEIK.zw) 2009 abridged results.Company ProfileMeikles Limited is an established 100-year old company in Zimbabwe primarily invested in the agriculture, hotels and retail sector. The company operates six business segments; hospitality, retail stores which include department stores, supermarkets and wholesalers, and agricultural, financial services and security. Its well-known brands include the Meikles Hotel, Victoria Falls Hotel, TM Supermarkets, Meikles Stores and Tanganda Tea which produces, packs and distributes Zimbabwe’s famous tea brand aswell as Tinga Mira, a bottled spring water brand. Tanganda Tea Company also owns estates that produce avocados and macadamia nuts. Meikles Limited has department stores in three major cities in Zimbabwe which includes Barbours department store in Harare; and has a national footprint with 50 retail stores in towns and cities throughout Zimbabwe. Meikles Limited recently expanded into the mining and guarding sector and owns Meikles Centar Mining and Meikles Guard Services (Private) Limited in Zimbabwe. Meikles Financial Services offers mobile financial solutions and bill payment services to the retail and commercial sector in Zimbabwe; under the brand name My Cash. Meikles Limited is listed on the Zimbabwe Stock Exchange
Image source: Getty Images Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. “This Stock Could Be Like Buying Amazon in 1997” How I plan to use the FTSE 100 to get rich and retire early Rupert Hargreaves has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Being able to retire early is the dream of many investors. I believe it’s possible to achieve this goal with a simple saving and investing plan. Today I’m going to explain how I plan to use the FTSE 100 to get rich and retire early. Owning the FTSE 100According to my calculations, it is relatively straightforward to build a large pension pot. All you need is a set savings and investment plan. Once this is in place, it is imperative to stick to the programme and let the power of compound interest do its work. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Compound interest is the principle of your money making money. For example, £100 invested at an interest rate of 5% for 10 years would grow to be worth £165. Of this total, £65 is the money your money has earned. It is a simple as that. Thanks to the power of compound interest, it can be relatively straightforward to build a life-changing sum of money with minimal effort. Over the past 35 years, the FTSE 100 has produced an average total return for investors of around 8% per annum. On this basis, £1,000 invested in the index three-and-a-half decades ago, would be worth £16,300 today. The initial investment of £1,000 would have earned £15,300 of interest during the time frame.A little every month goes a long wayIn my opinion, the best way to make the most of the wealth-creating power of the stock market is to set-up a regular investment plan. Following this strategy requires minimal effort. Investors only need to choose an investment to buy and set up a direct debit. Then they can sit back and watch their money grow. Going back to the example above, if an additional £100 were added every month to the initial £1,000 FTSE 100 investment, the pot would be worth just under £250,000 after 35 years. That’s a big difference. You don’t need to be a stock market whizz kid or millionaire to follow this strategy. Most online share-dealing brokers now offer regular investment plans, with monthly contributions starting from as little as £25.I firmly believe that this is the best way to build a sizeable financial nest egg. Once the investment and savings plan is set up, all you need to do is make sure you are saving enough to invest every month. The stock market and compound interest will then take care of the rest. The bottom lineSo that’s how I plan to get rich and retire early by using FTSE 100.Anyone can follow this strategy, although the figures will vary from person to person. Some investors might want to put away more every month to build a larger final pot.That’s fine, as long as you have a target in mind. The principles of regular investing and compound interest will continue to apply no matter how much or little money you decide to contribute every month. Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Rupert Hargreaves | Saturday, 10th October, 2020 | More on: ^FTSE Enter Your Email Address See all posts by Rupert Hargreaves I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.
LEAVE A REPLY Cancel reply The Anatomy of Fear Please enter your comment! You have entered an incorrect email address! Please enter your email address here By Margot Susca, and originally published on theconversation.comConsidering the history of television news a few years ago, iconic anchor Ted Koppel declared that CBS’ 1968 debut of “60 Minutes” forever altered the landscape of broadcast journalism: A news program drew enough advertising to turn a profit. As Koppel told it, “60 Minutes” showed broadcasters that news divisions could make money – which was a huge shift in how management executives thought of news, affecting both the quality and type of coverage broadcast over the publicly owned airwaves.Until then, broadcast news in the U.S. had been a costly requirement media companies had to bear as part of getting permission to use the airwaves. “All of a sudden, making money became part of what we did,” Koppel told the audience of a “Frontline” series called “News War.”In the decades since, news divisions have been held to the same profit-making standards as corporate media’s entertainment divisions. Corporate owners slashed foreign bureaus as coverage remained focused on emotion and celebrity rather than public affairs.In late October 2017, the Federal Communications Commission made it even easier for media conglomerates to focus on money-making. That was when the FCC abolished a World War II-era policy that was intended to force news broadcasters to be connected to – and accountable to – the communities their programming reached. My work as a political economist suggests that local broadcast media content is about to get worse, focusing even more on stories that can turn a profit for corporate headquarters rather than serving local communities. And the big companies that operate these stations are going to withdraw even farther from the communities they cover, threatening a key foundation of American democracy.Connecting with communitiesThe longstanding requirement, known as the “main studio rule,” said television and radio broadcasters had to have local studios, where viewers or listeners could interact with and communicate with the people who were putting their news on the air. This was part of fulfilling the broadcasters’ explicit obligation to use the airwaves to benefit society: As the Radio Act of 1927 put it, they had to operate in the “public interest, convenience and necessity.”That would help keep news decisions about schools, zoning, health, environment, emergencies and local issues connected to the community. It also helped encourage broadcasters to employ people who lived in the areas their signals reached.In the decades since, the media landscape and technology both have changed dramatically. The FCC still assumes that broadcasters are local media because it issues station licenses in specific community areas. Yet the holders of those licenses are usually large conglomerates with centralized news operations sending homogenized programming out across the nation.Advocates for eliminating the main studio rule – including the National Association of Broadcasters – note that most audience communications with media companies are online. They say that makes having a local physical office less important than it may once have been. Among the supporters of this view is FCC Chairman Ajit Pai, who was appointed to the commission by Barack Obama in 2012 and tapped to head it by Donald Trump shortly after his inauguration.Pai also raises another common argument against the main studio rule: its cost. In October he wrote that the policy change will reduce burdens on media companies and let them improve audience service accordingly: “eliminating this rule will enable broadcasters to focus more resources on local programming, newsgathering, community outreach, equipment upgrades, and attracting talent – all of which will better serve their communities.”The two Democratic members of the five-member FCC, Mignon Clyburn and Jessica Rosenworcel, dissented from their Republican colleagues’ decision, objecting to the effects the ruling would have on local news. Clyburn wrote that the FCC’s change “signals that it no longer believes, those awarded a license to use the public airwaves, should have a local presence in their community.” Rosenworcel, for her part, wrote in a separate dissent: “I do not believe it will lead to more jobs. I do believe it will hollow out the unique role broadcasters play in local communities.”History has heard this argument before.Promises of deregulationFocusing on ‘happy news.’ Kakigori Studio/Shutterstock.comAs the lesson of “60 Minutes” spread in the late 1970s and 1980s, news organizations and their corporate parent companies enjoyed massive windfalls, broadcasting content that was cheap to produce: It focused on thin happy banter between anchors rather than substantive hard-hitting reporting. At the same time, media conglomerates including Time Inc., NBC owner General Electric and Comcast began heavily lobbying Congress and regulatory agencies like the FCC to roll back decades of media policies meant to help foster educational and informational needs of citizens in a democracy.They found success when President Bill Clinton signed the sweeping Telecommunications Act of 1996. Then-FCC chairman Reed Hundt declared that with the act, “We are fostering innovation and competition in radio.” He said the new law would increase diversity in both ownership of broadcast stations and the viewpoints they present. And he said it would create a space for more competition in the telecommunications marketplace that would, ultimately, benefit consumers.But nine years later, a report from Washington, D.C.-based watchdog group Common Cause determinedd “the public got more media concentration, less diversity, and higher prices.” Cable and phone rates didn’t drop from competition, but skyrocketed with consolidation. Industry leaders’ promises to add 1.5 million jobs turned into layoffs of more than 500,000 people. And Hundt himself 10 years later trumpeted not the improvements of service to the public, but rather the financial rewards reaped by corporations and their shareholders.So now, more than 20 years after the act’s passage, fewer corporations than before control a larger share of radio, broadcast and cable television in the United States. Many of those corporations have financial stakes in online media, too, meaning their reach and ideologies extend far beyond just television and the AM/FM dial.The FCC’s decision to roll back the main studio rule is yet another in a long line of policymaking and regulatory decisions that will further boost corporate media, not citizens.A pathway into the futureBy eliminating the main studio rule, the FCC has severed one of the last remaining ties between broadcasters and local communities. (Others, including rules about media companies’ consolidation, are on the chopping block.) The body charged with ensuring media companies serve the public interest has opened the door even wider to treating news as a profit-motivated medium operated to benefit shareholders, rather than as a key element of American civic life.Even before the FCC undid the main studio rule, the effects of the Telecommunications Act made local news more homogeneous and less diverse. This is particularly harmful for rural America, where just two-thirds of residents have regular broadband access at home – and only limited data services on their mobile smartphones. That means millions of Americans without regular internet access are relying on broadcast television as their sole form of entertainment and information about their communities.The real question for citizens is simple: Did deregulation work? Is the quality of broadcast news better today than it was 20 years ago? Will it improve if companies’ legal and regulatory requirements are loosened?All Americans know the answer. And so does the FCC. Please enter your name here Save my name, email, and website in this browser for the next time I comment. Share on Facebook Tweet on Twitter Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Margot Susca (Ph.D., Florida State University) is a professorial lecturer in SOC’s journalism division who also heads the weekend M.A. program in Journalism and Digital Storytelling. She teaches courses in reporting, journalism ethics, children’s media culture, mass media and society, and code. Support conservation and fish with NEW Florida specialty license plate TAGSbroadcast newsthe conversation.com Previous articleFormer Wal-Mart manager and well-known community leader joins Apopka firmNext articleHabitat of Seminole-Apopka “Raises the Roof” Denise Connell RELATED ARTICLESMORE FROM AUTHOR
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The Big Give aims to raise £20m in 2010 matched giving campaign Tagged with: Digital Major gift The Big Give Howard Lake | 1 April 2010 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. 25 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Philanthropy website The Big Give is aiming to raise £20 million in its 2010 Challenge Fund, which offers to double public donations to charities. Arts & Business, the national voice for private sector engagement in the arts, has agreed to join the challenge as its first sponsor by creating a fund to raise £3 million for arts organisations.The Big Give’s founder Alec Reed is inviting fellow philanthropists to join him in creating a catalyst fund to launch the challenge. Each philanthropist will sponsor a fund for their favourite cause – such as environment, women’s rights, and children – with the aim of inspiring thousands of donors to support charities in that sector.The 2009 challenge beat its £6 million target to raise £8.5 million. In 2008, the pilot scheme raised £2 million in just 45 minutes.Reed said: “Matched funding challenges are a really effective way of doubling support for projects and charities. Our success shows that donors are looking for ways to make their support go further.”www.thebiggive.org.uk
Facebook Twitter SHARE Facebook Twitter A New Approach to Promoting Ethanol Discussed at Indiana Forum By Gary Truitt – May 11, 2017 SHARE A New Approach to Promoting Ethanol Discussed at Indiana ForumEmily SkorAt the 8th annual Indiana Ethanol Forum which was held Thursday in Indianapolis, a new approach to promoting ethanol fuel was discussed. Keynote speaker for the event was Emily Skor, CEO of Growth Energy, who called for a new industry approach to marketing ethanol blended fuel to consumers, “When we are talking to consumers about why they should be reaching for higher blends of ethanol, let’s tell them what it does for their cars: higher octane, it burns cleaner and cooler, and it will save them some money at the gas pump.” A 21st century fuel for a 21st century consumer is the kind of approach she advocated. She said the target needs to be millennials, environmentalists, and Moms.Skor told HAT the industry needs to go beyond our Corn Belt focus and use a message that works in all 22 states that now sell ethanol, “If I am talking to someone outside of agriculture or outside of the Midwest, then I need to talk about what this fuel means to them.” She added that focusing on how ethanol is good for the farm economy or the number of jobs it creates in rural areas is not something about which consumers in east coast or west coast urban areas care. The message needs to be simple and personal, she concluded.Skor sees E-15 as the path forward for ethanol, yet, in many locations, including much of Indiana, you cannot sell E-15 all year long. Skor says the industry must get this changed either by regulation or legislation, “We have strong support on Congress for this, and a new head of the EPA who is supportive. So one way or the other we need to get this fixed.” Matt Nichols, with the fuel retailor Thornton’s, told the forum they will not put E-15 into a station unless they can sell it all year.Jane Ade Stevens, Executive Director of the Indiana Corn Growers Association, called for a strong political push with Indiana lawmakers. “We cannot tolerate this sitting on the fence about ethanol,” she said, and advocated for a report card that clearly documented who supports ethanol. ISDA Director Ted McKinney said Indiana would be sending a letter of support for ethanol to the EPA as they consider revising regulations.Currently, there are only 18 pumps selling E-15 in Indiana. However, it was announced at the forum that, thanks to the Hoosier Homegrown Fuels program, a grant of $158,000 has been given to the Family Express chain to install 8 more E-15 locations in Indiana. Home Indiana Agriculture News A New Approach to Promoting Ethanol Discussed at Indiana Forum Previous articleEPA Delays Implementation of Pesticide Applicators RuleNext articleExtended Indiana Drydown Period Finally Moves In Gary Truitt
Local NewsBusiness Previous articleSilicon Labs: 4Q Earnings SnapshotNext articleXL Fleet Corp. Announces Timing of Fourth Quarter and Full Year 2020 Earnings Release and Conference Call Digital AIM Web Support WhatsApp Pinterest Twitter Carvana Offers As-Soon-As-Next Day Delivery to Baton Rouge WhatsApp Pinterest BATON ROUGE, La.–(BUSINESS WIRE)–Feb 3, 2021– Carvana (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, now offers as-soon-as-next-day touchless home delivery to Baton Rouge area residents. Customers can shop more than 20,000 vehicles, finance, purchase, trade in, and schedule as-soon-as-next-day vehicle delivery in as little as five minutes. Customers can also sell their current vehicle to Carvana and receive a real offer in minutes, whether or not they are purchasing a vehicle. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210203005269/en/ Carvana offers Baton Rouge area residents The New Way to Buy a Car® with as-soon-as-next-day vehicle delivery. (Photo: Business Wire) Carvana customers save valuable time and money with The New Way to Buy a Car ® by skipping the dealership and shopping online. Carvana never charges hidden fees like “documentation fees,” which can often be added to the price of a vehicle at the last minute. Additionally, customers looking to trade in or sell their vehicle, can simply enter their VIN or license plate number on Carvana.com, answer a few questions and Carvana can pick up the vehicle and bring them a check, as soon as the next day. All 20,000+ vehicles in Carvana’s national inventory are photographed in 360 degrees, so customers get a high-definition virtual tour, along with the peace of mind of a seven-day return policy. This upgrade to the traditional test drive gives customers the time to ensure their vehicle fits their life, whether installing car seats or seeing how much cargo space it offers for groceries. Carvana pioneered online car buying, including its patented 360-degree virtual vehicle tour, where customers can view vehicles in high-definition, 360-degree photography, inside and out. Carvana vehicles are Carvana Certified, having passed a rigorous 150-point inspection, have never been in a reported accident and have no frame damage. Features, imperfections and updated information about open safety recalls are listed on every car’s vehicle description page. “We’re steadily growing our reach in Louisiana and we’re confident that Baton Rouge residents will embrace having the convenience, transparency, and safety that comes with The New Way to Buy a Car ®,” said Ernie Garcia, Carvana founder and CEO. “We want to bring a better car buying experience to as many people as possible and offering as-soon-as-next-day delivery helps us give that to the Baton Rouge community.” Carvana now offers as-soon-as-next-day vehicle delivery to customers in 270 cities across the U.S. About Carvana (NYSE: CVNA) Founded in 2012 and based in Phoenix, Carvana’s (NYSE: CVNA) mission is to change the way people buy cars. By removing the traditional dealership infrastructure and replacing it with technology and exceptional customer service, Carvana offers consumers an intuitive and convenient online car buying and financing platform. Carvana.com enables consumers to quickly and easily shop more than 20,000 vehicles, finance, trade-in or sell their current vehicle to Carvana, sign contracts, and schedule as-soon-as-next-day delivery or pickup at one of Carvana’s patented, automated Car Vending Machines. For further information on Carvana, please visit www.carvana.com, or connect with us on Facebook, Instagram or Twitter. View source version on businesswire.com:https://www.businesswire.com/news/home/20210203005269/en/ CONTACT: Carvana Amy O’Hara [email protected] KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA ARIZONA INDUSTRY KEYWORD: TECHNOLOGY WOMEN AUTOMOTIVE GENERAL AUTOMOTIVE MEN SPECIALTY INTERNET CONSUMER RETAIL ONLINE RETAIL SOURCE: Carvana Copyright Business Wire 2021. PUB: 02/03/2021 07:30 AM/DISC: 02/03/2021 07:31 AM http://www.businesswire.com/news/home/20210203005269/en Twitter By Digital AIM Web Support – February 3, 2021 Facebook Facebook TAGS
Print This Post Home / Featured / DS News Webcast: Thursday 9/4/2014 Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago DS News Webcast: Thursday 9/4/2014 Demand Propels Home Prices Upward 2 days ago Share Save Is Rise in Forbearance Volume Cause for Concern? 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Featured, Media, Webcasts Related Articles About Author: Jordan Funderburk September 3, 2014 649 Views The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Firm to Sell $2.3 Billion in Nonperforming Loans for HUD Next: Avenue 365 Hires Tiberio as VP of Default Services The Office of the Comptroller of the Currency announced on Tuesday that it has published final guidelines for large financial institutions regarding the strengthening of governance and risk management practices for those institutions. Organizations covered by the guidelines are insured national banks, federal savings associations, and branches of foreign banks whose average total consolidated assets total $50 billion dollars or more. Institutions with average total consolidated assets totaling less than $50 billion dollars whose parent company controls an institution covered by the guidelines will also be affected.Covered institutions will now be required to control and manage risk-taking activities by following a written risk governance framework under the new guidelines. The guidelines also set forth a set of minimum standards to govern the overseeing of that framework by the institutions’ boards of directors. The finalized guidelines are essentially the same as those proposed by the OCC in January 2014. Changes were made to the final guidelines for the purposes of clarity and ensuring that board members were not given management responsibilities.The watchdog that oversees the money given under the Troubled Asset Relief Program has accused the U.S. Treasury Department of botching its supervision and reporting of TARP spending, and has called for more transparency. In a scalding letter to Treasury Secretary Jack Lew dated September 2, the Special Inspector General for the Troubled Asset Recovery Program, Christy Romero, stated that a SIGTARP audit found evidence that the Treasury Department modified “some of the data reported by the financial institutions” in a report on how TARP funds were spent. Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago 2014-09-03 Jordan Funderburk Subscribe