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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Ignoring global warming is ‘reckless’ of the government, warn campaigners

Category : Business

Greenpeace and Oxfam among those warning that more must be done to stop critical climate change threshold being breached

The government’s failure to tackle climate change is “reckless and short-sighted” with just 50 months remaining to prevent a critical threshold in the fight against global warming being breached, environmental campaigners warn today.

In a letter to the Guardian and expanded on in an article in G2, they say global warming remains one of the greatest threats to human progress but condemn the fact it has dropped down the political agenda. The signatories, including senior figures at Greenpeace, Oxfam and the Women’s Institute, as well as the designer Dame Vivienne Westwood and the environmental campaigner Bianca Jagger, warn there are just 50 months left before it will become unlikely that a 2C temperature rise can be prevented. The UK and the EU have set the 2C mark as a line the world should not cross.

“There is so much to gain from investing with speed and scale in a modern, low-carbon economy, that the failure to do so appears both reckless and short-sighted,” the letter says. “Some recent policies seem even to take us backwards. More of the same old economics will not work. To create jobs, more secure energy systems and less pollution, investing in a massive energy-efficiency drive, and a programme to expand renewable energy are just two of the more obvious steps that could benefit the economy and the environment.”

The campaigners say the lack of action comes against a backdrop, this year, of a record loss of sea ice, greenhouse gas concentrations above the Arctic at their highest point for possibly 800,000 years, and crop-wrecking droughts and record temperatures in the US mid-west.

The signatories have outlined to the Guardian what they will do differently over the next 50 months to prevent the threshold being breached and challenge the government and opposition to do the same. Ruth Bond, chairwoman of the National Federation of Women’s Institutes, will try to give every child practical skills such as cooking to tackle obesity and instil the value of food, and growing food, which gives them an appreciation of the natural environment.

John Sauven, executive director of Greenpeace , has committed to more direct action to protect the Arctic from oil drilling, while Westwood said there was a need to inflame public opinion and blame politicians for the crisis.

The letter urges politicians to say what they will do “to grab the opportunity of action and prevent catastrophic climate change”.

Celtic trust scheme lawful – SPL

Category : Business

The SPL investigates Celtic’s use of an employee benefit trust and is satisfied no rules were breached.

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Katrina’s lessons may have saved lives in Isaac – KTBS

Category : Stocks


BBC News
Katrina's lessons may have saved lives in Isaac
KTBS
For all the lives it took when it plowed across the Gulf Coast in 2005, Hurricane Katrina may have saved some during Isaac. Officials took lessons from Katrina and applied them to their emergency plans. Storm shelters that can house tens of thousands
Dam swollen by Isaac could unleash 17 feet of water near Louisiana-Mississippi Detroit Free Press
Isaac-battered barriers intentionally breachedBBC News
As Isaac pushes north, Gulf Coast slowly recoversKTVL
UPI.com

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Samsung told to pay Apple $1bn

Category : Business, World News

A US jury says Samsung should pay Apple $1.05bn in damages after a patent dispute, and rejects claims Apple breached its rival’s technologies.

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The Feds are investigating whether Las Vegas Sands (LVS) breached money-laundering laws by not informing authorities about millions of dollars transferred to its casinos by a Mexican who was later accused of drug trafficking and a former California…

Category : World News

The Feds are investigating whether Las Vegas Sands (LVS) breached money-laundering laws by not informing authorities about millions of dollars transferred to its casinos by a Mexican who was later accused of drug trafficking and a former California executive who was subsequently convicted of taking illegal kickbacks, the WSJ reported on Friday. The probe comes as LVS is being scrutinized for allegedly bribing Chinese officials. 3 comments!

Continue reading here: The Feds are investigating whether Las Vegas Sands (LVS) breached money-laundering laws by not informing authorities about millions of dollars transferred to its casinos by a Mexican who was later accused of drug trafficking and a former California…

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Martin Marietta Materials’ (MLM) hostile $5.5B bid for rival Vulcan Materials (VMC) has been postponed for four months after a Delaware judge imposes a halt, saying [[MLM]] "thoroughly breached" confidentiality agreements.

Category : Stocks

Martin Marietta Materials’ (MLM) hostile $5.5B bid for rival Vulcan Materials (VMC) has been postponed for four months after a Delaware judge imposes a halt, saying MLM “thoroughly breached” confidentiality agreements. Post your comment!

The rest is here: Martin Marietta Materials’ (MLM) hostile $5.5B bid for rival Vulcan Materials (VMC) has been postponed for four months after a Delaware judge imposes a halt, saying [[MLM]] "thoroughly breached" confidentiality agreements.

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