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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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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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NJ man accused of imprisoning woman due in court – The Associated Press

Category : Stocks

The Associated Press
NJ man accused of imprisoning woman due in court
The Associated Press
By By DAVID PORTER – 1 minute ago PATERSON, NJ (AP) — Police searching an apartment for drugs found a woman they believe was kept padlocked in a bedroom for long periods of time over the last several years — perhaps as long as a decade.
NJ man accused of locking girlfriend in room for long periods of time over Washington Post
Man Kept Girlfriend Padlocked in Room for Years, Police SayFox News

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Supermarkets: wider choice comes at a cost to shoppers and suppliers | the big issue

Category : Business

Farmers have been drawn into a relationship that means they lose any power as food producers

I would like to congratulate Henry Porter for his excellent article on the corrosive and destructive effects of supermarkets on the country (“It’s time we held our over-mighty supermarkets to account“, Comment). I am married to a farmer and concur with the view that farmers have been drawn into a relationship with the supermarkets that has demanded they relinquish any power they might have as food producers.

I bang on about the detrimental effects of supermarket power to anyone who will listen to me and it always astounds me that even people I would expect to be better informed have swallowed the line that a supermarket will bring jobs and prosperity to a town. I can only assume that only one side of this story has really been heard.

Noreen Wainwright



Reading Henry Porter’s sad diatribe against supermarkets, I have to assume he still believes in monsters under the bed. If he fact-checked his fears he’d find out they’re nothing more than shadows on the wall.

To respond to some of Mr Porter’s terrors: more than 98% of adults working in retail earn above the minimum wage; supermarket job numbers are rising but so is total retail employment and it remains one of the few sectors where you truly can start at the bottom and become the boss; the Office for National Statistics has credited fierce supermarket competition with taking the sting out of inflation; retail was the first sector to remove artificial transfats from food completely and to roll out the government’s health advice on all own-brand alcohol.

Henry Porter proposes a Leveson inquiry for supermarkets. There have been three inquiries into the sector since 2000 and the latest concluded: “Consumers are receiving the benefits of competition such as value, choice, innovation and convenience.”

The people benefiting from the supermarkets’ growth are the same people whose daily shopping habits have made it happen – the customers.

Stephen Robertson,

Director general,

British Retail Consortium

London SW1

Among the money-saving, cost-cutting habits of supermarkets, Henry Porter omitted to mention their most recent scheme: do-it-yourself paying. Not only did they long ago give up assisting customers with packing their shopping, they have now decided we can be their unpaid labour by introducing customer check-out payments. So far, I refuse to weigh, register the cost and pay for my purchases through a machine, but I notice some shops have already done away with check-out counters, so there will soon be no alternative. Are we going to tolerate this latest cheap labour scheme?

Annette Thomas

London N7

I have some spare time and some disposable income and like nothing more than window shopping for antiques and popping into charming local shops. My mother paints a very different picture. She raised a family in a Yorkshire town in the 60s. She tells of walking with the twins in the pram down the hill to the bus stop and waiting in the rain for the bus to take us all into town. There, she would traipse round all the local shops for the nice things in life such as food – Spam, tinned carrots, lard and Angel Delight for a Sunday treat.

Today, we arrive home from the supermarkets with plentiful supplies of fresh produce, even organic food if we want it, well presented and with

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Sierra Nevada CEO Makes East Coast Beer Run

Category : Business

CHICO, Calif. (MainStreet) — Sierra Nevada used a whole lot of years and a whole lot of hops building West Coast India Pale Ale from a taproom oddity to a cornerstone of craft brewing. Now it’s coming east.

Back in January, Sierra Nevada founder and Chief Executive Ken Grossman announced that his company had bought 90 acres in Henderson County, N.C. — just beyond the cluster of breweries, bars and beer stores of craft-beer-soaked Asheville — for a production facility, restaurant and gift shop. It’s a nearly $110 million investment that will create about 95 full-time jobs and 80 part-time positions, increase Sierra Nevada’s production capacity by nearly a third and expand the brand’s presence in the Northeast and Southeast.

Sierra Nevada Brewing CEO Ken Grossman says Sierra Nevada’s Asheville, N.C., expansion will yield better beer.

In years, mileage and scope, it’s a long way from Grossman’s early days of brewing porter and pale ale in a brewhouse cobbled together with dairy tanks, soda bottlers and brewery salvage parts. Grossman was selling home-brewing equipment as early as 1976, but began building his Sierra Nevada Brewery in 1979. His first batch of Sierra Nevada Pale Ale wouldn’t finish brewing until November 1980.

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Porter Airlines pilots try to form union

Category : World News

Regional carrier Porter Airlines acknowledged Friday that its approximately 250 pilots are trying to form a union.

More: Porter Airlines pilots try to form union

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