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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to 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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Miliband quits after Di Canio hired

Category : World News

Ex-foreign secretary David Miliband resigns from the board of Sunderland FC because of new head coach Paolo Di Canio’s “past political statements”.

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Bah humbug! Retailers feel the pinch

Category : Business

Weak retail sales leading up to Christmas are taking their toll on shares of Coach, Amazon, Michael Kors and others.

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Salford staff are in dark – Long

Category : World News

Assistant coach Sean Long says there has been a lack of communication with staff over Salford’s financial problems.

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Bus maker announces new orders

Category : World News

Alexander Dennis, the Falkirk-based bus and coach building firm, announces new orders which are worth £220m.

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Said & Done: the week in football – Wonga, Gigi Becali, plus model news

Category : Business

The week in football: Wonga’s community focus; Gigi Becali says sorry; plus what makes footballers a good catch

Mr 4,012 percent

Newcastle striker Shola Ameobi: backing the club’s £24m shirt deal with after critics attacked the payday lender for deliberately targeting a deprived region: “Speaking to the guys from Wonga it was certainly my impression that they want to make sure it’s a fans’ club. They want to see the whole community brought into things.”

Taking a moral lead on the deal: the FA’s Alex Horne – assessing Wonga’s logo as potentially “inappropriate” for children’s replica shirts, “in the same category with gambling and alcohol”. Not in the category: FA community partner McDonald’s, on branded football kidswear nationwide.

More sponsor news

• £720k: Football League sponsor npower’s funding for their Tackling It Together project – npower aiming to use football to fight “social alienation” in UK areas hit hardest by poverty. • 9%: Increase in UK energy bills last week – npower aiming to build on last year’s 34% profit rise. • £1.27bn: Parent company RWE’s total profit in the first six months of 2012.

Reliving the dream

Also looking to the future: the reformed Rangers – moving on from the old club’s pre-liquidation debt of £134m, including £94m tax, to raise £20m via a flotation to spend on “players and property”. Chief executive Charles Green: “Rangers is debt-free and a huge club with a 140-year record of success. Our aim is to return to the glory days.”

War on racism: update

2011: Sepp Blatter says his statement that “there is no racism in football” was misunderstood. “I would like to make it very clear: Fifa has fought this plague for years, we would never deny it.” 2012: Ángel María Villar Llona, Spain’s Fifa executive since 1998: “There is no racism in Spanish football.”

• Villar Llona’s other big positive message last week, speaking at the Leaders in Football conference in London: a refusal to rule out a run for the Uefa presidency. “For now I am focused on the present. The future is created by hard work in the here and now.”

Apology of the week

Swedish reporter Bo Hansson, 78, reacting to complaints after his references to “darkies” were broadcast live by mistake. “It wasn’t meant to go out… I was just sitting, speaking to myself. I’m so old so I have a different background with these kinds of words. I can say ‘yellow’ about a Chinese person, I could bloody well say ‘whitey’ too. For me, it’s mostly just a description.”

Journalists: idiots

Leading last week’s exits:

Portugal, 24 Sep: Ricardo Sá Pinto, Sporting Lisbon coach. “The press are lying. I talk to the board every day and they’ve never questioned my job, so these stories are outrageous. We are really united here. Together we’ll turn this round.” 5 Oct: Sacked.

Argentina, 1 Oct: San Lorenzo president Matias Lammens calls a press conference to “calm the waters” after irresponsible media speculation over coach Ricardo Caruso Lombardi’s future. “Let’s be clear on this, there are no ultimatums, no deadlines, he’s in good spirits. We are together, and stronger than ever.” 10 Oct: Sacks him.

Best newcomer

Bulgaria, 10 Oct: Lokomotiv Plovdiv president Veselin Mareshki unveils Georgi Ivanov as manager, looking to end a month of internal conflict. “I am delighted. I hope he will be here many years.” Ivanov: “I grew up here, I love this club, it is part of me. I’m not worried about what people say about the state it’s in: we’ll show our character.” 12 Oct: Resigns. “This place is a mess.”

Comeback of the week

4: Weeks between Palermo president Maurizio Zamparini starting a self-imposed media blackout to avoid causing more controversy (“I’m saying nothing for six months”), and breaking cover to assess the merits of PSG coach Carlo Ancelotti. “He criticises Pastore? Pastore is a phenomenon. Ancelotti does not understand a shit about football.”

Best backtrack

Romania: Gigi Becali, Steaua owner, clarifying last week’s view that “gays cannot be in football”. “I love gays, I love blacks, I love whites, I love Gypsies equally. Seriously, I love gays, even if what they do is demeaning.”

On reflection

Romania: Gloria Bistrita coach Nicolae Manea, asked if he regretted throwing a stretcher on to the pitch in response to a refereeing decision. “No regrets. I was actually restrained. I wanted to beat him, to trample him, to go down in history. After the game he told me it was ‘just human error’. Hell!”

Plus: best endorsement

Argentina: Uruguayan model Vitto Saravia on dating her third footballer, Pablo Mouche – former partner of rival model Luli Fernandez. “It is going well. Four months now. In general, I would say footballers are pleasing. They are fairly clean, have good physiques, and make for good companions. I have nothing off-putting to say.”

Hawaii trounced by No. 1 USC 49-10, but coach Norm Chow sees good signs in debut – Washington Post

Category : Stocks

Hawaii trounced by No. 1 USC 49-10, but coach Norm Chow sees good signs in debut
Washington Post
LOS ANGELES — Norm Chow waited 40 years to become a head coach at Hawaii. He'll have to wait at least two more weeks for his Warriors to get a bit more winnable game. Marqise Lee caught a 75-yard touchdown pass from Matt Barkley on No.
USC looks scary good; new allegations sound scary badLos Angeles Times
Barkley, USC take care of Hawaii in openerFox News
Alabama pounds Michigan, 41-14Philadelphia Inquirer
Houston Chronicle
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Dempsey demanded transfer: Jol

Category : World News

Fulham coach Martin Jol says United States international Clint Dempsey has refused to play for the Premier League club again and is seeking a transfer.
Dempsey was linked with Liverpool, but no deal was forthcoming from the Merseyside club’s U.S. owners, the Fenway Sports Group (FSG).

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Abuse scandal costly for Penn State

Category : World News

The NCAA slammed Penn State for the Jerry Sandusky sex abuse scandal Monday with an unprecedented series of penalties, including a $60 million fine and the loss of all the school’s victories from 1998-2011, knocking Joe Paterno from his spot as major college football’s winningest coach.
Other sanctions include a four-year ban on postseason games that will prevent Penn State from playing for the Big Ten title, the loss of 20 scholarships per year over four years and five years of probation. The NCAA also said that any current or incoming football players are free to immediately transfer and compete at another school.

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Jerry Sandusky reportedly ‘serenaded’ with Pink Floyd lyrics by prison inmates … – CBS News

Category : Stocks

CBS News
Jerry Sandusky reportedly 'serenaded' with Pink Floyd lyrics by prison inmates
CBS News
(CBS) BELLEFONTE, Pa. – Inmates reportedly taunted Jerry Sandusky in song last December when he stayed at the Centre County Correctional Facility. It is the same jail the former Penn State assistant football coach returned to following his Friday
Lawyer: Jerry Sandusky Still Says He's Not GuiltyABC News
Thom Loverro: Maybe time to sideline Penn State for a yearWashington Examiner

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Sandusky Convicted on 45 Sex Abuse Charges

Category : Business

BELLEFONTE, Penn. (TheStreet) — A Pennsylvania jury Friday found former Penn State assistant football coach Jerry Sandusky guilty of 45 of 48 child sex abuse charges, according to published media reports.

The scandal surrounding the case rocked the university and led to the firing of Penn State’s longtime head football coach, the late Joe Paterno, and the resignation of Penn State president Graham Spanier.

Sandusky, 68, faces potential prison sentences totaling hundreds of years, Reuters reported. …

Excerpt from: Sandusky Convicted on 45 Sex Abuse Charges

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