Finance news

Social Security provides a majority of the income for about two-thirds of Americans over age 65, but if you’re in your mid-50s or younger, it might be time to make alternative arrangements.
Experts don’t expect Social Security to disappear in the coming decades. But they’re concerned about the benefits that will be available for […]

Filed under: management, money by Finance Boss
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A dozen contractors face fines totaling $266,825 for alleged workplace safety violations after the companies were hired last summer to fix or replace damaged roofs following hail storms in suburban Albany, N.Y.
The U.S. Department of Labor’s Occupational Safety and Health Administration accused the contractors — many from out-of-state — of willful, repeat and serious violations […]

Filed under: economics by Finance Boss
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Dennis Brinkworth had a good weekend.
Make that a really good weekend.
Owning a bar/restaurant one block away from HSBC Arena helped. So did owning another in Allentown. Both were busier than usual between Thursday and Sunday thanks to first and second round play in the NCAA men's basketball tournament that were in town all weekend.
"You want […]

Filed under: money by Finance Boss
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Imagine Schools Inc., which operates charter schools in the Kansas City area, has to pay $570,000 to settle claims of discrimination by two pregnant employees.
Virginia-based Imagine Schools was accused by the U.S. Equal Employment Opportunity Commission of not retaining two pregnant employees after it closed its charter middle school and opened a private middle and […]

Filed under: marketing by Finance Boss
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Austin-based casino games dealer Multimedia Games Inc. (Nasdaq: MGAM) is considering selling the company, officials said in an interim CEO announcement today.
The company said it hired Deutsche Bank Securities as its exclusive financial advisor in a strategic alternatives planning effort "including, but not limited to, the sale of the company."
At the same time, Multimeda lost […]

Filed under: legal by Finance Boss
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Latvian elections this autumn threaten to hamper government efforts to push through austerity measures vital to its international bailout, burdening the country’s credit rating, Fitch Ratings said.
A parliamentary election scheduled for October “weighs on the rating, the uncertainty that comes with the election, and I think there might be resistance to removing the […]

Filed under: legal by Finance Boss
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Icelanders rejected by a massive majority a bill that would saddle each citizen with $16,400 of debt in protest at U.K. and Dutch demands that they cover losses triggered by the failure of a private bank.
Ninety-three percent voted against the so-called Icesave bill, according to preliminary results on national broadcaster RUV. Final results […]

Filed under: term by Finance Boss
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American Railcar Industries saw its fourth-quarter profit rise 39 percent but booked less than half the revenue it saw in the prior year’s quarter as railcar shipments fell.
For the quarter ended Dec. 31, the company reported net earnings of $10.5 million, up from nearly $7.8 million in the fourth quarter of 2008. American Railcar said […]

Filed under: management, money by Finance Boss
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Indonesia’s inflation held near the fastest pace since May 2009 amid rising commodity and food prices, putting pressure on the central bank to raise interest rates this year.
The consumer price index rose 3.81 percent in February from a year earlier, the central statistics agency said in Jakarta today. That compares with the 3.97 […]

Filed under: technology by Finance Boss
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