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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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Congress: No unemployment data for U.S.

Category : Stocks

Republican representatives want to gut the way we collect national economic data.

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Advanced talks over Hearts takeover

Category : Business

Talks are at an advanced stage between Supporters Direct and representatives of Vladimir Romanov on transferring the ownership of Hearts.

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Media Advisory: Minister MacKay to Announce a Service Contract at Area Support Unit Toronto

Category : Stocks, World News

TORONTO, ONTARIO–(Marketwire – Feb. 14, 2013) – The Honourable Peter MacKay, Minister of National Defence, will make an announcement regarding a service contract during his visit to Area Support Unit Toronto. Representatives of the media are invited to attend.

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Media Advisory: Ministers Van Loan and Blaney to Hold Media Availability

Category : Stocks

OTTAWA, ONTARIO–(Marketwire – Jan. 25, 2013) - The Honourable Peter Van Loan, Government House Leader, and the Honourable Steven Blaney, Minister of Veterans Affairs, will make a brief statement on the upcoming parliamentary sitting and take questions from media representatives.

Original post: Media Advisory: Ministers Van Loan and Blaney to Hold Media Availability

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Asian shares up on US fiscal deal

Category : World News

Asian markets rise after the US House of Representatives passes a deal to stave off the fiscal cliff.

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Media Advisory: Minister MacKay to Hold a Press Conference Following the 2012 Halifax International Security Forum

Category : Stocks

HALIFAX, NOVA SCOTIA–(Marketwire – Nov. 17, 2012) – The Honourable Peter MacKay, Minister of National Defence, and Mr. Peter van Praagh, President of the Halifax International Security Forum, will hold a press conference at the conclusion of the fourth annual Halifax International Security Forum, on November 18, 2012. Minister MacKay will make a statement on the event and answer questions from representatives of the media.

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‘Fiscal cliff’ showdown begins as Obama and Boehner claim mandates on tax issue

Category : Business

President Obama and the House speaker both claim a mandate from voters, but each raised the possibility of compromise

President Barack Obama used the first weekly radio address of his second term Saturday to vow that he would stick to an election promise to raise tax contributions from the richest Americans to tackle the “fiscal cliff”.

Obama’s first order of business following Tuesday’s victory at the polls is to tackle a series of tax hikes and spending cuts that will be triggered in the new year if there is no wide-ranging deal with Congress on a deficit-trimming budget.

If such a deal fails, many experts are predicting the US economy could fall back into recession. But the Republican-controlled House of Representatives has said it will not countenance any tax rises as part of the agreement.

In his new address, Obama said that was not acceptable: “I refuse to accept any approach that isn’t balanced. I will not ask students or seniors or middle-class families to pay down the entire deficit while people making over $250,000 aren’t asked to pay a dime more in taxes.”

The president added that he believed this election victory over the Republican challenger Mitt Romney had given him a mandate to carry out his promise. “This was a central question in the election. And on Tuesday, we found out that the majority of Americans agree with my approach,” he said.

So far both sides – while sticking to their positions – have also tried to indicate that they are open to negotiations and compromise. Obama continued that line on Saturday by holding out the prospect of wide-ranging talks with his Republican opponents.

“We know there will be differences and disagreements in the months to come. That’s part of what makes our political system work,” he said. “Instead, you want cooperation. You want action. That’s what I plan to deliver in my second term, and I expect to find leaders from both parties willing to join me.”

Next week Obama will be meeting with top Republicans and Democratic leaders to begin the process of thrashing out a possible deal. He is also set to consult with business leaders and officials from organised labour.

Many business leaders have argued that the prospect of going over the fiscal cliff represents a nightmare scenario for America’s economic prospects.

Some have called for tax hikes to be part of any settlement. Before the election, 80 American business leaders, including Microsoft’s Steve Ballmer and JP Morgan’s Jamie Dimon, signed a letter calling for a balanced approach to tackling the budget deficit, including tax hikes and spending cuts.

On Friday, United Continental airline boss Jeff Smisek told CNBC that the fiscal cliff could have a potentially more disastrous impact on his business than superstorm Sandy. “It makes it difficult for us to operate,” Smisek said.

However, a political deal is far from guaranteed. The election left House Majority leader John Boehner firmly in control of the House of Representatives, along with its Tea Party-infused Republican caucus.

Many of those politicians are implacably opposed to any form of tax hike, and Boehner has also struck a strong tone, claiming that the election results that left his party in charge of the House also represent a mandate from the people.

Media Advisory: The Canadian Forces Welcome New Members

Category : Stocks, World News

QUÉBEC CITY, QUÉBEC–(Marketwire – July 27, 2012) - Media representatives are invited to attend an enrolment ceremony that will take place at 10 a.m. on Saturday, July 28, 2012, aboard Her Majesty’s Canadian Ship Ville de Québec at Pier 22, Port of Québec.

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Farmers Insurance Claims Teams Helping Storm Victims in Columbus, Ohio and Surrounding Areas

Category : World News

COLUMBUS, OH–(Marketwire – Jun 30, 2012) –  Farmers Insurance agents, claims representatives, district managers and employees throughout the Columbus, Ohio area are helping victims of the hail, wind, rain and tornadoes that struck today.

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Minister MacKay Welcomes Participants of the Conference of the American Air Chiefs to Canada

Category : Stocks

OTTAWA, ONTARIO–(Marketwire – June 11, 2012) - The Honourable Peter MacKay, Minister of National Defence, joined by Lieutenant-General André Deschamps, Commander of the Royal Canadian Air Force (RCAF), today welcomed the air force chiefs and representatives from 18 Western Hemisphere nations, and three observer nations, participating in the 52nd annual Conference of the American Air Chiefs, or CONJEFAMER, in Ottawa.

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