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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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Complex Data Recoveries: What Does That Really Mean?

Category : Stocks, World News

DALLAS, TX–(Marketwired – April 28, 2013) – When you look at most data recovery vendors’ websites, they publicize the fact that they can handle “complex recoveries.”  But what is a complex recovery? Well, some people would define it as any recovery that requires the use of a clean room. While clean rooms
should
be staffed by qualified media surgeons, most of the procedures are becoming commonplace such as changing out head rack assemblies and swapping platters. That is not to diminish the talents of these highly skilled engineers, but to emphasize that in the top data recovery companies such procedures are performed daily.

See original here: Complex Data Recoveries: What Does That Really Mean?

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Workers ‘losing track of pensions’

Category : Business, World News

People changing jobs are losing track of their clutch of workplace pension pots – making retirement planning more difficult, a charity says.

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We will hold firm on economy – PM

Category : Business

Changing course on the economy would plunge the UK “back into the abyss”, David Cameron is expected to warn.

Original post: We will hold firm on economy – PM

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Credit to Jenkins the Transformer, but isn’t this the old Barclays in disguise?

Category : Business

Antony Jenkins talks and acts sincerely about changing his bank – but there are some very familiar faces still on the board

When Andrew Bailey, the new banking regulator-in-chief, described Barclays as having a “culture of gaming, and gaming us“, his words rang too true. He was speaking during those frenetic days after Barclays had been hit with a £290m fine for rigging Libor – a record at the time, but since surpassed by UBS and RBS – when regulators, politicians and the public were in no mood to hold back on their views.

This was, after all, the bank that only months earlier had been revealed as the target of a move by the government to close down tax avoidance loopholes. This was the bank that had concocted a wheeze to take its most troublesome loans off its balance sheet and spin them into Protium, a Caymans-based venture that is now being closed down.

And then there was the infamous tax avoidance unit, known formally as Structured Capital Markets, rumoured to make a £1bn a year and hand out multimillion-pound deals to its smart but secretive players.

On top of this is the issue that hit consumers in their pockets – the mis-selling of payment protection insurance. And of course, there were the bonuses for Bob Diamond, the chief executive who was ousted in the wake of the Libor scandal, and his close lieutenants, which gave the impression that the bank was being run for its staff and not its shareholders.

So when Antony Jenkins, the upright Brit who replaced Diamond, announced to the world last week that SCM was to be disbanded, and the bank’s trading of food products with hedge funds brought to a halt, there was applause. “My overall message today is simple. Barclays is changing,” he promised. “There will be no going back to the old way of doing things. We get it. We are changing the way we do business, we are changing the type of business we do, and we are setting a new course for the future of Barclays.”

Rousing stuff. And to be fair, Jenkins sounds sincere, despite the management jargon he spouts. His strategy to reform Barclays has a name – Transform – which, painfully, means Turnaround, Return Acceptable Numbers and Sustain Forward Momentum. He has values, all laudable: respect, integrity, service, excellence and stewardship. Take a deep breath and try to overlook that many of those values could have been ripped out of any corporate manual – including one in particular: Barclays helped construct three companies for Enron, and was described in the official report into the energy company’s dramatic collapse as having “aided and abetted” in misleading auditors.

Jenkins sounds committed – and says that he is – but the problem he faces is that it’s easy to make his words sound hollow. The promise to eradicate “industrial-scale” tax avoidance – as Lord Lawson, the former chancellor, has so eloquently put it – grates when it’s quickly followed by the caveat that some of the tax services Barclays offers “are not controversial”. Indeed, Graham Wade, one of the key figures from the old SCM, is remaining at the bank. Jenkins will not say how many of the tax experts will leave and refuses to give any clues as to how much money the bank has made from tax avoidance schemes. Estimates of £1bn a year will therefore linger.

And then there is the issue of how long the legacy SCM schemes will keep generating profits – possibly for 10

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Medical Marijuana, Inc. (MJNA: OTC Link) | Medical Marijuana Inc.’s Dixie Elixirs and Edibles Brand featured on Fast Company

Category : World News

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Medical Marijuana Inc.’s Dixie Elixirs and Edibles Brand featured on Fast Company

PR Newswire

SAN DIEGO, Feb. 13, 2013

SAN DIEGO, Feb. 13, 2013 /PRNewswire/ –

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Whiplash claim system ‘must change’

Category : World News

The UK’s biggest insurer, Aviva, says motorists’ premiums could be cut by an average of £60 a year by changing the system of whiplash claims.

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World Moto, Inc.: Unveils Roadmap to Professionalize the $500 Billion Global Motorcycle Taxi Industry

Category : Stocks, World News

BANGKOK, THAILAND–(Marketwire – Dec 26, 2012) – World Moto, Inc. (OTCBB: FARE) (OTCQB: FARE) (Berlin: WM7) (Berlin: A1J8SY) (“World Moto” or the “Company”) is pleased to announce today it has introduced a comprehensive roadmap to advance and professionalize the global motorcycle taxi industry. Changing the way the world goes around, World Moto is a global authority on the $500 billion dollar a year motorcycle taxi industry and inventor of the Moto-Meter, the world’s first motorcycle taxi meter.

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Renowned Philanthropist and Infosys Co-Founder N.R. Narayana Murthy Receives Global Humanitarian Honors at The Tech Awards

Category : Stocks

Twelve Laureates Also Recognized for Life-Changing Uses of Technology

Read more: Renowned Philanthropist and Infosys Co-Founder N.R. Narayana Murthy Receives Global Humanitarian Honors at The Tech Awards

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Renowned Philanthropist and Infosys Co-Founder N.R. Narayana Murthy Receives Global Humanitarian Honors at The Tech Awards

Category : World News

Twelve Laureates Also Recognized for Life-Changing Uses of Technology

Read more: Renowned Philanthropist and Infosys Co-Founder N.R. Narayana Murthy Receives Global Humanitarian Honors at The Tech Awards

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More Cash Sales, Shrinking Time-on-Market Show Changing Buyer Dynamics

Category : Stocks, World News

ORLANDO, FL–(Marketwire – Nov 10, 2012) – All-cash buyers have surged since the housing downturn while the typical amount of time it takes to sell a home is shrinking, revealing the changing dynamics of today’s home buyers and sellers.

See original here: More Cash Sales, Shrinking Time-on-Market Show Changing Buyer Dynamics

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