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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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VIDEO: US banking giants too big to fail?

Category : Business

The US is still suffering the effects of the global financial crisis and many feel Wall Street giants such as JP Morgan, Goldman Sachs and Citigroup have yet to be held accountable.

See the article here: VIDEO: US banking giants too big to fail?

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REPEAT-BMO Harris Private Banking Study: Nearly 70 Per Cent of Canadians Support Federal Budget’s New Charitable Giving Credit

Category : Stocks, World News

- Ninety-three per cent of Canadians feel credit will encourage more charitable giving or will maintain current levels of support

- Half of young Canadians say that the new measure will encourage them to give more

- Statistics Canada: Canadians gave $8.5 billion to charitable causes last year, but percentage of those who give down 6 per cent from 1990

- BMO: The new credit is an example of how smart public policy can be used to encourage a new generation to do the right thing

Read more here: REPEAT-BMO Harris Private Banking Study: Nearly 70 Per Cent of Canadians Support Federal Budget’s New Charitable Giving Credit

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The budget: if Osborne has no answers, who does? | John Harris

Category : Business

The interesting question is not what the chancellor will

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This year’s biggest economic losers

Category : Stocks

Who’s going to feel the biggest squeeze? Though they get plenty of attention, it’s not the wealthy or the middle class.

Read more here: This year’s biggest economic losers

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Global Vision Holdings Subsidiary Mamma’s Best Launches New Look

Category : World News

IRVINE, CA–(Marketwire – Jan 28, 2013) – Mamma’s Best, a subsidiary of Global Vision Holdings Inc. (OTCQB: GVHIB) a diversified financial holding company focusing on investments in environmentally responsible, profitable and growing companies, has updated its look with new labels that give the brand a bolder, more modern feel that sets them apart and allows them to stand out amongst the competition.

More here: Global Vision Holdings Subsidiary Mamma’s Best Launches New Look

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Newport Private Bank Opens Office in Orange County

Category : World News

LA JOLLA, CA–(Marketwire – Jan 17, 2013) – San Diego Private Bank announced that it has established a new division, Newport Private Bank, and opened a new office at the Airport Business Center, 18552 MacArthur Blvd. Suite 220, Irvine, CA. “We are excited to be participating in the dynamic private banking and family business markets of Orange County,” said Selwyn Isakow, Chairman and President of San Diego Private Bank. “We feel fortunate to have an exceptionally successful and driven banking team onboard to build our presence in this vibrant market.”

Read the rest here: Newport Private Bank Opens Office in Orange County

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Ed Miliband: Old and New Labour no longer relevant in Britain today

Category : Business

One Nation Labour will reach out to voters alienated in the 80s and resist vested interests, party leader will tell Fabian Society

Ed Miliband is to set himself apart from old and New Labour when he declares that both strands in his party’s postwar history have lost relevance in 21st-century Britain.

In his first speech of the new year, Miliband will say his new one nation Labour will reach out to voters alienated by the party in the 1980s while standing up to the vested interests courted by the party in government over the past decade.

“New Labour rightly broke from old Labour and celebrated the power of private enterprise to energise our country,” Miliband will tell the Fabian Society on Saturday. “New Labour, unlike old Labour, pioneered the idea of rights and responsibilities. From crime to welfare to antisocial behaviour, New Labour was clear that we owe duties to each other as citizens.”

But Miliband will say that New Labour, which was famously launched with a “prawn cocktail” charm offensive in the City of London, failed to stand up to big businesses. He will say: “By the time we left office, too many of the people of Britain didn’t feel as if the Labour party was open to their influence, or listening to them.”

The Labour leader sees this speech as a chance to show that his address to the Labour conference last year, in which he first spoke of creating a one nation party, was not just a simple political slogan.

He regards it as a coherent political project which will achieve two broad goals: give an honest account of the party’s past and set out a governing framework for the economy, society and politics.

On the economy, Miliband believes a Labour government would provide greater opportunities than the Tories and New Labour, which “skewed the system to the powerful few”, in the words of one source.

Miliband believes his society theme highlights his determination to focus on greater responsibility from top to bottom, with bankers expected to show restraint in remuneration and responsibility in lending, and welfare recipients expected to seek work.

On the politics theme, Miliband will also focus on empowerment – helping people to feel involved and appreciated.

One example is on immigration, as Miliband makes clear that people should feel free within certain bounds to voice concerns.

He will distance himself from his mentor, Gordon Brown, who famously described the Rochdale pensioner Gillian Duffy as a “bigoted woman” after she raised concerns with the then PM about immigration during the election.

Miliband will say: “I bow to nobody in my celebration of the multi-ethnic, diverse nature of Britain. But high levels of migration were having huge effects on the lives of people in Britain – and too often those in power seemed not to accept this. The fact that they didn’t explains partly why people turned against us in the last general election.”

Miliband will also say that his new approach stands in stark contrast to what is described as the government’s “old trickle-down divisive ideology” in which taxes are cut for the rich while benefits for the poor rise below the rate of inflation.

He will say: “Can David Cameron answer this call for one nation? This week shows yet again why he can’t. At the Ronseal relaunch, all we saw was an empty tin with no vision for the future of our country and an attempt to divide the country between scroungers and strivers.”

Mums Could Take Advantage of Kids-Go-Free Travel Insurance

Category : Stocks, World News

LEEDS, UNITED KINGDOM–(Marketwire – Jan. 4, 2013) - Asda research reveals that a massive 72% of mums feel they have most of the responsibility for running the household and family life.

Original post: Mums Could Take Advantage of Kids-Go-Free Travel Insurance

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What about food inflation, Bernanke?

Category : Business, Stocks

The Federal Reserve wants to prioritize jobs over inflation. How will Americans feel about that when they’re paying more for groceries next year?

Read the rest here: What about food inflation, Bernanke?

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No clouds for Salesforce. Stock up 8%

Category : Business, Stocks

Most investors feel there are few clouds on the horizon for Salesforce.com. The stock has surged this year. But some skeptics are nervous about the valuation.

The rest is here: No clouds for Salesforce. Stock up 8%

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