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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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Keegan launches football training systems

Category : Business, World News

Football legend Kevin Keegan launches interactive football training systems to help improve soccer skills, particularly among youngsters.

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After the Hutton inquiry, how can any broadcaster claim to be free?

Category : Business

TV and radio journalists insist Leveson-style statutory regulation does not hamper them. But history (and Lord Patten) disagrees

Passionate broadcasters – including Greg Dyke and Kevin Marsh – write a letter to the Times hailing the wonders of the tighter regulation they work with, duly underpinned by statute. Nevertheless, they say, “our industry has a proud record of independent, challenging journalism – calling the rich and powerful to account without fear or favour”. So settle down, you restive print guys, as the Leveson debate moves on. “The suggestion that such regulation is inevitably anathema to free speech, or automatically places us under the thumb of politicians, is wrong and insulting to us as fellow journalists.”

At which point, probably unwittingly, they illuminate an absolutely critical divide. No one would remotely call Greg or Kevin (when one was DG at the BBC and the other his chosen editor at Today) anything but proud and challenging. Of course much TV and radio journalism is fine, professional work. We’re not talking sheep and goats here. Good journalism exists across the media spectrum.

But surely Greg Dyke and Kevin Marsh remember the catastrophe of Andrew Gilligan, David Kelly and the Hutton report? Surely Kevin remembers the Downing Street waves that lapped around him? And surely Greg remembers the vote by the BBC governors – chaired then by a former chief whip – that swept him out of office?

It might be helpful at this difficult stage if lovers of editorial freedom rattled the chains that tie them down rather than demanded more chains for everyone. It was the current chairman of the BBC Trust who said, on the record, that the corporation couldn’t have broken either the MPs’ expenses story or the phone-hacking scandal. Too difficult, too strained, for the rulebook. An admission that some stories too close to the seats of power can only be followed, not set in train.

And making that point doesn’t, for a second, run the letter-writers down. It just defines the whole debate we ought to be having.

Grinnell’s Jack Taylor scores record 138 points in 179-104 win –

Category : Stocks

San Francisco Chronicle
Grinnell's Jack Taylor scores record 138 points in 179-104 win
Jack Taylor scored 138 points to shatter the NCAA scoring record in Division 3 Grinnell's 179-104 victory over Faith Baptist Bible Tuesday night in Grinnell, Iowa. Taylor made 27 of 71 3-point attempts, was 52 of 108 overall from the field, and added 7 free
Kevin Durant, NBA players stunned by D-III player Jack Taylor's 138 pointsUSA TODAY
Jack Taylor scores 138 points for GrinnellAustin American-Statesman
Grinnell's Taylor scores 138 pointsChicago Tribune

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Departing All Saints founder hits back at private equity rescuers

Category : Business

Kevin Stanford attacks Lion Capital’s stewardship of fashion chain it rescued from brink of administration

Kevin Stanford, the embattled high street fashion tycoon, has hit back at the private equity firm which rescued his All Saints chain from the brink of administration last year, after being asked to step down from the business.

Stanford is understood to be furious that news of his departure leaked and has attacked Lion Capital’s stewardship of the chain since it took control last year.

A spokesman said: “Kevin has legitimate concerns about the way that All Saints has been managed since the involvement of Lion Capital. He is perplexed at the appearance of confidential information in the media.”

Lion Capital has also backed buyouts at Weetabix and clothes chain American Apparel.

All Saints found itself in the hands of administrators to failed Icelandic banks Kaupthing and Landsbanki after shares pledged by Stanford and Baugur, the Icelandic investment group run by his friend Jon Asgeir Johannesson, were forfeited.

Initially, the banks had sought to retain Stanford, who has an unrivalled reputation for building successful high street fashion chains, most famously Karen Millen. However, they fell out and the banks threatened to call in administrators if All Saints management could not find a buyer for their stake.

All Saints continued to be turbulent following its rescue last year, with Lion Capital’s fellow rescue partner Goode Capital disappearing from the share register in March. Stanford was said to have a 15% stake in the group, though the ownership is difficult to confirm as the trail of holding companies disappears to the Cayman Islands.

Since 2008 Stanford has been struggling to claw back elements of his wider business empire, which was substantially lost in the wake of the Icelandic banking crash. He is still pursuing a £500m claim against the estate of Kaupthing. In particular, he is pressing a claim over the quarter-share in Mulberry he lost to the bank.

MEDIA ADVISORY/PHOTO OP: GM Canada to Confirm Canadian R&D Investments at the Canadian Engineering Centre

Category : World News

OSHAWA, ONTARIO–(Marketwire – July 23, 2012) - Kevin Williams, President, GM Canada will outline a commitment to Canadian R&D at the Canadian Engineering Centre on Tuesday, July 24, 2012.

Follow this link: MEDIA ADVISORY/PHOTO OP: GM Canada to Confirm Canadian R&D Investments at the Canadian Engineering Centre

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Alec Martinez steps up with goal for Los Angeles Kings in Game 3 – Los Angeles Times

Category : Stocks

Los Angeles Times
Alec Martinez steps up with goal for Los Angeles Kings in Game 3
Los Angeles Times
Alec Martinez, a 24-year-old defenseman, and teammates Dwight King and Trevor Lewis combine on pivotal first goal in the Los Angeles Kings' 4-0 victory over the New Jersey Devils. Kings defenseman Alec Martinez, left front, celebrates with his
Kings rout Devils, move 1 win from first Stanley
Kings have come a long way, babyESPN
Kevin Allen's three stars of Stanley Cup Game 3USA TODAY
CBS News

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Serge Ibaka early, Kevin Durant late power Thunder by Spurs – USA TODAY

Category : Stocks

Serge Ibaka early, Kevin Durant late power Thunder by Spurs
By Robert Klemko, USA TODAY OKLAHOMA CITY – Leave it to Kevin Durant to top a performance in which a teammate scored a career-high 26 points and didn't miss a shot. By Matthew Emmons,, US Presswire Thunder forward Serge Ibaka dunks for two of his 26
Thunder allow Durant to take over … and look what
Spurs can't stop Durant, fall 109-103 to
Durant powers Thunder past Spurs 109-103Fox News
San Jose Mercury News
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Thunder get big win, end Spurs’ amazing run –

Category : Stocks
Thunder get big win, end Spurs' amazing run
Oklahoma City's Kevin Durant goes up for a dunk between San Antonio's Boris Diaw and Tim Duncan during the second quarter Thursday night. By JEFF LATZKE OKLAHOMA CITY – The streak is over. The series may only be beginning. Kevin Durant scored 22 points
Thunder put end to Spurs' 20-game win streakSan Francisco Chronicle
Thunder beat Spurs at their own game, snap Spurs 20-game win
Thunder rolls over Spurs to reignite seriesReuters

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BofA’s $20M Settlement Faces Challenge

Category : Stocks

NEW YORK — A recently proposed $20 million settlement of shareholder claims by Bank of America Corp. over its 2009 acquisition of Merrill Lynch is being challenged by a separate group of shareholders as too small.

A federal judge in New York has ordered the Bank of America directors who were sued over the deal to defend the settlement in court on May 4, along with the lead shareholders they settled with.

The court order by U.S. District Judge Kevin Castel came last week in response to a request by lawyers for the second group of shareholders, who have their own, similar lawsuit pending against Bank of America’s board in Delaware Chancery Court.

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