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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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Prepare Yourself for a Slow Mortgage Closing

Category : Stocks

NEW YORK (MainStreet) — Want to move into a new home by Labor Day? Sept 3, the deadline for many who want to be relocated by the start of school, seems like a long way off, but really isn’t given the glacial pace of mortgage approvals.

Many lenders are taking 90 days to approve loans. For the majority of applicants — people who are refinancing — that’s just an inconvenience and minor expense, adding a month or two of payments at the old loan’s higher rate. But for buyers with a deadline like the start of school or a new job, delay can be serious.

It’s a problem for sellers, too. Not only are lenders taking longer to grant loans, they are rejecting more because of today’s tight underwriting and appraisal standards. A seller can find a buyer — tough enough in today’s market — then wait three months only to find the buyer’s loan denied. The seller can continue showing the home during that period, but that’s a hassle and many buyers feel it’s a waste of time to look at a home under contract. …

See the rest here: Prepare Yourself for a Slow Mortgage Closing

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Civil servants reject pension bid

Category : Business

Civil servants have signalled a fresh round of industrial action after rejecting the government’s latest plans for public sector pensions.

Continued here: Civil servants reject pension bid

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Nurses reject pension proposals

Category : Business

Nurses join other NHS workers in rejecting the government’s latest plans on public sector pensions.

See more here: Nurses reject pension proposals

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TNT unveils fourth-quarter loss

Category : World News

Package delivery firm TNT Express reports a fourth-quarter loss days after rejecting a takeover bid by rival UPS, sending its shares lower.

Visit link: TNT unveils fourth-quarter loss

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Contador gets two-year doping ban, loses 2010 Tour title

Category : World News

Alberto Contador was stripped of his 2010 Tour de France title Monday and banned for two years after sport’s highest court found the Spanish cyclist guilty of doping.
The Court of Arbitration for Sport suspended the three-time Tour champion after rejecting his claim that his positive test for clenbuterol was caused by eating contaminated meat.

More: Contador gets two-year doping ban, loses 2010 Tour title

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