Month: March 2016

Long-running case over subdivision plan decided

Long-running case over subdivision plan decided

The 7th Circuit Court of Appeals decided a case that dragged on in the federal court system for nine years Thursday. The court said the district court made no errors in deciding several complaints from Tom and Marla Simstad, who said Lake County Plan Commission members held a grudge against them after they supported another…

Read More Read More

10 Ways to Save When You’re Making Minimum Wage

10 Ways to Save When You’re Making Minimum Wage

But even if your budget is down to the bare bones, there are still things you can do to build up your savings. Here are 10 ideas worth considering. 1. Get Out of Debt If you’re only making minimum wage, you can’t afford to be sending money to a car financing company, Visa, MasterCard or Discover. Think…

Read More Read More

Revenue Diversification: The Antidote to today’s low-yield loan interest rates

Revenue Diversification: The Antidote to today’s low-yield loan interest rates

Its no secret that auto loan yields are at low levels due to industry-wide low interest rates. According to the NCUA, the national average for a new vehicle loan with a 48-month term was 2.58%, as of December 2015. However, Forbes recently found a financial institution offering vehicle loans for 0.74%. While there has been some news…

Read More Read More

Peabody Energy: Restructuring Needed To Avoid Bankruptcy

Peabody Energy: Restructuring Needed To Avoid Bankruptcy

On Wednesday morning, Peabody Energy filed its 10-K with the SEC that included a going concern qualification from its auditor. This qualification constitutes a breach of the companys credit facility and Peabody Energy has now entered a grace period with respect to regaining compliance with the credit facility. Additionally, Peabody Energy missed interest payments on…

Read More Read More

Scranton Mayor Details $31.5 Back-Pay Settlement for Police/Firefighters

Scranton Mayor Details $31.5 Back-Pay Settlement for Police/Firefighters

SCRANTON, LACKAWANNA COUNTY (WBRE/WYOU) – Police officers and firefighters in Scranton may soon get millions of dollars in back-pay that they are owed. As Eyewitness News first told you last weekend, the mayor has finally come up with a way to settle a huge arbitration award. The total about of the award is $31.5 million.…

Read More Read More

I Sing the Auto Electric: Will Tesla’s Model 3 Make Everyone Go EV?

I Sing the Auto Electric: Will Tesla’s Model 3 Make Everyone Go EV?

By Ben Levisohn Bernstein&’s Michael Parker and team contend that the impending reveal of Tesla Motors (TSLA) Model 3 will force other automakers to act&…quickly. They explain why: Michael Short/Bloomberg News In just under two weeks&’ time, Tesla will unveil its Model 3, the mainstream addition to its electric vehicle fleet: faster, cleaner, more convenient,…

Read More Read More

Lanka’s financial literacy, still low – Senior lawyer

Lanka’s financial literacy, still low – Senior lawyer

Financial literacy among still land, even among the business community leaves much to be desired and needs to be addressed immediately as the country looking towards broadening its market access.The country could also make maximum of its strategy location by creating a platform for international arbitration. Senior lawyer and a chartered arbitrator, a member of…

Read More Read More

Skye Bank, Dana Motors woos Nigerian middle-class with new car acquisition deal

Skye Bank, Dana Motors woos Nigerian middle-class with new car acquisition deal

Asides this unique partnership which affords customers the opportunity to acquire brand new kia cars, Skye Bank offers other auto loan schemes for the purchase of various car brands…Ford range of cars, Toyota, Honda among others from choice vendors across Nigeria. Desirous customers can own their dream cars with just 20% minimum equity contribution (i.e…

Read More Read More