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Out Of Date Business News Is Good As A Point Of Reference!
By Charles Wallace
Without access to mercantile business news, your joint-stock company is decedent in the water.

In democracies, consortium news, in fact all news organizations are habitually expected to aim for objectivity: Reporters try to clothe all sides of an issue without bias, as compared to commentators or analysts, who accommodate mental image or personal point-of-view.

Unlike your Yellow Pages ad, your web site and your offers can be updated instantly, so use the yellow Pages to have your prospects to where your current offers are.

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Health care, economy top concerns of Bay Area small business, Bank of America survey says
<img src='http://assets.bizjournals.com/sanfrancisco/Shanks,Emily_supl*100.jpg?v=1'>Bay Area small business owners' greatest concerns center on health care costs, credit availability and a recovery in consumer spending, according to Bank of America's inaugural survey of small business owners that the bank plans to conduct twice a year. On an optimistic note, BofA's (NYSE: BAC) survey found Bay Area small business owners are more confident about prospects for the local economy than their counterparts in other markets surveyed. In the Bay Area, 52 percent of respondents said the...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=5NwrPTIrG6A:ldUxZ4ETmic:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=5NwrPTIrG6A:ldUxZ4ETmic:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=5NwrPTIrG6A:ldUxZ4ETmic:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=5NwrPTIrG6A:ldUxZ4ETmic:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=5NwrPTIrG6A:ldUxZ4ETmic:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=5NwrPTIrG6A:ldUxZ4ETmic:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=qj6IDK7rITs" border="0"></img></a> </div>
Caveat crowdfunder! California warns investors to beware
<img src='http://assets.bizjournals.com/sanfrancisco/news/California_state_flag*100.jpg?v=1'>Though the Internet has made raising money for business ideas very easy, California's government has warned investors to be "extremely cautious about crowdfunding." "Unfortunately, the potential for fraud is significant," said Jan Lynn Owen, commissioner of California's department of corporations. Crowdfunding is a way for many small businesses or creative people like artists, musicians or film makers to easily raise capital by soliciting small amounts from lots of people. (The Business Times will...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=TWi6NoPmPFE:WVfRdOlftDU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=TWi6NoPmPFE:WVfRdOlftDU:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=TWi6NoPmPFE:WVfRdOlftDU:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=TWi6NoPmPFE:WVfRdOlftDU:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=TWi6NoPmPFE:WVfRdOlftDU:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=TWi6NoPmPFE:WVfRdOlftDU:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=qj6IDK7rITs" border="0"></img></a> </div>
Red Bull could fill America's Cup with cool
<img src='http://assets.bizjournals.com/sanfrancisco/blog/red%20bull%20am%20cup*100.jpg?v=3'>San Franciscans love a party. Blow up some fireworks. Pump loud music in the streets. Blaze klieg lights outside a theater. These are the kinds of things that pique our curiosity, draw us out of our homes and to where the action is. Yacht racing won't do that -- not for long stretches of time such as the July to September period in 2013 when dozens of races will be held in San Francisco Bay to determine the boat that will challenge for the America's Cup. A big party? That's another story. That's...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=pZUs3S74ttg:Uc3_5j3tF_4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=pZUs3S74ttg:Uc3_5j3tF_4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=pZUs3S74ttg:Uc3_5j3tF_4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=pZUs3S74ttg:Uc3_5j3tF_4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=pZUs3S74ttg:Uc3_5j3tF_4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=pZUs3S74ttg:Uc3_5j3tF_4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=qj6IDK7rITs" border="0"></img></a> </div>
U.S. puts 30% tariff on solar panels
The United States is sticking it to Chinese solar panel makers and will enforce tariffs of 30 percent or more on equipment manufactured there and sold into the United States. The U.S. Commerce Department decided to impose the tariffs, which are in addition to a 2.9 percent to 4.73 percent already imposed in March ? and the new tariffs will be retroactively applied 90 days. "(The Department of) Commerce has now confirmed that Chinese manufacturers are guilty of illegally dumping solar cells and...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=jDdh_L-NbKE:YsnfydTlxco:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=jDdh_L-NbKE:YsnfydTlxco:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=jDdh_L-NbKE:YsnfydTlxco:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=jDdh_L-NbKE:YsnfydTlxco:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=jDdh_L-NbKE:YsnfydTlxco:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=jDdh_L-NbKE:YsnfydTlxco:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=qj6IDK7rITs" border="0"></img></a> </div>
Facebook prices stock at $38
Facebook priced its shares Friday at $38, giving the company a valuation of more than $100 billion, and the stock will start trading Friday morning on the NASDAQ under the symbol FB. The world?s largest social networking Web site raised $16 billion at the price, which was above the initial $28 to $35 share price the company had initially sought. Of that, $6.84 billion will go to Facebook, while $9.16 billion will go to selling stockholders.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=8Lek0V0tsio:IqvtnXr3sA4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=8Lek0V0tsio:IqvtnXr3sA4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=8Lek0V0tsio:IqvtnXr3sA4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=8Lek0V0tsio:IqvtnXr3sA4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=8Lek0V0tsio:IqvtnXr3sA4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=8Lek0V0tsio:IqvtnXr3sA4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=qj6IDK7rITs" border="0"></img></a> </div>
Big Hewlett-Packard layoffs rumored
Huge layoffs could be coming to Hewlett-Packard Co., according to rumors that are being widely reported Thursday. Numbers being thrown around range as high as 35,000 -- according to Business Insider, which cited an unnamed source -- but HP (NYSE: HPQ) has not provided any confirmation or details. HP's stock is down by more than half from what it was in early 2011, and the company employed a whopping 349,600 employees as of October 31, 2011, notes 24/7 Wall Street Wire. The anticipated cuts are...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=eaW46H1Jbh0:BrP-lYZBmwI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=eaW46H1Jbh0:BrP-lYZBmwI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=eaW46H1Jbh0:BrP-lYZBmwI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=eaW46H1Jbh0:BrP-lYZBmwI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=eaW46H1Jbh0:BrP-lYZBmwI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=eaW46H1Jbh0:BrP-lYZBmwI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=qj6IDK7rITs" border="0"></img></a> </div>
UC Berkeley to consolidate HR, admin staff at West Berkeley site
<img src='http://assets.bizjournals.com/sanfrancisco/news/Cal_Campanile_Yellow_Roses*100.jpg?v=1'>The University of California, Berkeley picked a site at Cedar and Fourth streets in the West Berkeley flatlands for a "shared services" center that will handle consolidated personnel, finance, research administration and information technology work now done in 200 separate places on the campus. This new center, near Berkeley's Fourth Street shopping district, is "projected to generate significant savings for the campus," the university said. Cal's division of biological sciences and its colleges...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=7P9ytoZKE0M:92wWiB23O1E:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=7P9ytoZKE0M:92wWiB23O1E:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=7P9ytoZKE0M:92wWiB23O1E:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=7P9ytoZKE0M:92wWiB23O1E:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=7P9ytoZKE0M:92wWiB23O1E:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=7P9ytoZKE0M:92wWiB23O1E:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=qj6IDK7rITs" border="0"></img></a> </div>
Heller Manus settles into its new office under the Transamerica Tower
<img src='http://assets.bizjournals.com/sanfrancisco/blog/real-estate/Heller_Manus5*100.JPG?v=5'>Heller Manus Architects has debuted its new digs in the shadow of the Transamerica Tower in San Francisco. The architecture firm took an unusual space for its new headquarters at 600 Montgomery St., which formerly housed restaurants. Click the image to start a slideshow of the new Heller Manus headquarters. >>> The space has been empty since 2002 when Redwood Park closed. Jeffrey Heller, president of Heller Manus, said the firm was thrilled to find a such a unique structure for its new...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=bK61jlEqva4:C6Qz3Y4RN8k:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=bK61jlEqva4:C6Qz3Y4RN8k:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=bK61jlEqva4:C6Qz3Y4RN8k:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=bK61jlEqva4:C6Qz3Y4RN8k:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=bK61jlEqva4:C6Qz3Y4RN8k:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=bK61jlEqva4:C6Qz3Y4RN8k:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=qj6IDK7rITs" border="0"></img></a> </div>
Ross raises the roof on earnings guidance, seeks 1,300 more stores
Discount clothing seller Ross Stores Inc. raised its guess about this year's earnings after sales and profit grew in the first quarter ended April 28. The Pleasanton company (NASDAQ: ROST) now thinks it is likely to earn $3.26 to $3.37 a share for the year ending Feb. 2, 2013, up from an earlier guess of $3.12 to $3.27 per share. Ross, which has 1,146 stores now in 30 states, thinks it could expand to 2,500 stores all over the country. That would be 1,500 Ross Dress For Less stores and 500 DD's...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=vysJhCT-xGY:sDNRpJOLDt8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=vysJhCT-xGY:sDNRpJOLDt8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=vysJhCT-xGY:sDNRpJOLDt8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=vysJhCT-xGY:sDNRpJOLDt8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=vysJhCT-xGY:sDNRpJOLDt8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=vysJhCT-xGY:sDNRpJOLDt8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=qj6IDK7rITs" border="0"></img></a> </div>
MarkLogic appoints Gary Bloom CEO
<img src='http://assets.bizjournals.com/sanfrancisco/blog/Gary_Bloom_Mark_Logic*100.jpg?v=1'>MarkLogic Corp., a San Carlos maker of hardware and software for managing and interpreting data, hired Gary Bloom as chief executive officer. Bloom was most recently CEO and president at eMeter, the San Mateo maker of software for electrical, gas and water utilities that was recently acquired by Siemens Corp. Prior to that, he was a vice chair and president of Symantec Corp. and chairman and CEO of Veritas Software. He replaces MarkLogic co-founder Christopher Lindblad, who had quietly retaken...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=lYlTTrue2Ng:2Q9G2MPxSag:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=lYlTTrue2Ng:2Q9G2MPxSag:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=lYlTTrue2Ng:2Q9G2MPxSag:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=lYlTTrue2Ng:2Q9G2MPxSag:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?i=lYlTTrue2Ng:2Q9G2MPxSag:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_eastbay?a=lYlTTrue2Ng:2Q9G2MPxSag:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_eastbay?d=qj6IDK7rITs" border="0"></img></a> </div>

there was quite the contrary difference between the production of smart businesses launched with or without written proprietorship plans.

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Your desktop is the place to watch for late-breaking news and venture updates and stories that didn't make it in time for regular print editions or TV News programs.

You can't go to Rotary Club meetings every day, no matter what you can make connection online every day.

The terms breaking news and extraordinary report are terms used to describe at which time a broadcast network breaks into regular programming for coverage of an consequential news story.

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Examples taken from news stories and company profiles pronounce us that the word-of-mouth success of a organization, whether it's a tiny enterprise run out of a basement or a large corporation, is largely dependent on hard work and ingenuity.

Whereas rapping to a reporter bring up topics such as economics, finance, strategy, leadership and judgment and watch their eyes for a sign of interest, that's what you're looking for.
Charles is a veteran management consultant who believes that the people side of management is where decisions are made, not the numbers side. People make decisions based on their assumptions about the realities of their peers and their perceptions based on the input from others. Facts are rarely considered. To consistently have the strategic conversations you need to succeed, click here for a free report that will enhance your company's communications for a brighter future.

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business date news news:

Indiana Tech opens second Kentucky campus
The College of Professional Studies at Indiana Tech will soon be offering classes at a location in Northern Kentucky. It will be the college's second Kentucky campus. The college's new campus is located in Fort Wright at 809 Wright Summit Parkway in the Wright's Summit Executive Office Center. According to a news release, the location includes 11,000 square feet, eight classrooms, a library, computer lab and student lounge. Indiana Tech offers classes designed for adults. Classes meet one evening...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=L2Y2F_GnI7Y:ssJ3Uy9oGDc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=L2Y2F_GnI7Y:ssJ3Uy9oGDc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=L2Y2F_GnI7Y:ssJ3Uy9oGDc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=L2Y2F_GnI7Y:ssJ3Uy9oGDc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=L2Y2F_GnI7Y:ssJ3Uy9oGDc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=L2Y2F_GnI7Y:ssJ3Uy9oGDc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>
KentuckyOne Health parent partners with Conifer Health Solutions to manage revenue
Conifer Health Systems has announced a 10-year agreement with Catholic Health Initiatives to manage revenue cycles for 56 of Catholic Health Initiatives hospitals across the country, including facilities in Kentucky. Conifer will provide patient access, revenue integrity and patient financial services for the CHI hospitals, which generate more than $6 billion in annual patient revenue, according to a news release. KentuckyOne Health, which was formed this year by the merger of Louisville-based...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=kspvmzeifJk:N-PDea1myuE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=kspvmzeifJk:N-PDea1myuE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=kspvmzeifJk:N-PDea1myuE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=kspvmzeifJk:N-PDea1myuE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=kspvmzeifJk:N-PDea1myuE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=kspvmzeifJk:N-PDea1myuE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>
Gordon Biersch slide show previews May 21 opening
<img src='http://assets.bizjournals.com/louisville/news/Gordon%20Biersch%2005.17.2012_20120517_0384*100.jpg?v=1'>Gordon Biersch Brewery Restaurant is scheduled to open Monday, May 21, in the Fourth Street Live entertainment complex downtown. The restaurant, which replaces the former Borders Group bookstore that last spring closed in The Cordish Cos.? downtown Louisville venue, features an in-house brewery and California-inspired menu. The Louisville location will have an expanded menu with 18 additional menu items not found in the restaurant chain?s other stores, said Kelly Wilson, director of marketing...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=eCgs9t_CDhY:FB_aiHY6kDg:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=eCgs9t_CDhY:FB_aiHY6kDg:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=eCgs9t_CDhY:FB_aiHY6kDg:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=eCgs9t_CDhY:FB_aiHY6kDg:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=eCgs9t_CDhY:FB_aiHY6kDg:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=eCgs9t_CDhY:FB_aiHY6kDg:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>
Rooibee Red Tea secures more funding through stock issue
<img src='http://assets.bizjournals.com/louisville/print-edition/Rooibee%20red%20tea*100.jpg?v=1'>Rooibee Red Tea Co. is attempting to raise another $1.5 million in funding through a preferred stock offering. So far, the company has raised about $350,000 in funding, according to Heather Howell, the company?s chief tea officer. Several other investments are expected to come through ?very soon,? she said, bringing the total amount raised through the offering to more than $500,000. The money will help the Louisville-based tea company keep up with sales growth, Howell said, including line...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=uziR8EzRq6Q:eSuzZ3PoQMg:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=uziR8EzRq6Q:eSuzZ3PoQMg:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=uziR8EzRq6Q:eSuzZ3PoQMg:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=uziR8EzRq6Q:eSuzZ3PoQMg:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=uziR8EzRq6Q:eSuzZ3PoQMg:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=uziR8EzRq6Q:eSuzZ3PoQMg:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>
Yachtman founder tells CFA Society his investment strategy
Donald Yacktman, founder, president and co-chief investment officer of Austin, Texas-based Yacktman Asset Management Co., has worked in the investment business for years and heard investment strategies described in many ways. But he?s never heard anyone say he buys overpriced securities, which is what many end up doing anyway. Investing is all about ?what you buy and what you pay for it,? he told the CFA Society of Louisville at the Society?s monthly meeting Wednesday at the Pendennis Club. Yacktman?s...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=E1uYhkDWk6E:J5Uymkr8r98:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=E1uYhkDWk6E:J5Uymkr8r98:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=E1uYhkDWk6E:J5Uymkr8r98:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=E1uYhkDWk6E:J5Uymkr8r98:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=E1uYhkDWk6E:J5Uymkr8r98:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=E1uYhkDWk6E:J5Uymkr8r98:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>
Former Tennessee Commerce CFO joins First Federal
The former CFO of a troubled bank recently purchased by Louisville-based Republic Bancorp Inc. has been named CFO of Elizabethtown-based First Financial Service Corp. as part of a management shakeup. First Financial (NASDAQ: FFKY) announced Wednesday that it had hired Frank Perez as CFO for the holding company and for its subsidiary, First Federal Savings Bank. According to a news release from First Financial, Perez?s most recent job was CFO and investment relations officer for Tennessee Commerce...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=aBTiXe2evtA:wsOECcavHUY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=aBTiXe2evtA:wsOECcavHUY:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=aBTiXe2evtA:wsOECcavHUY:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=aBTiXe2evtA:wsOECcavHUY:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=aBTiXe2evtA:wsOECcavHUY:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=aBTiXe2evtA:wsOECcavHUY:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>
Kentucky unemployment drops to 8.3 percent
<img src='http://assets.bizjournals.com/charlotte/blog/power_city/siemens%20tour%205%20manufacturing*100.jpg?v=2'>Kentucky?s seasonally adjusted preliminary unemployment rate fell to 8.3 percent in April 2012 from a revised 8.6 percent in March 2012. The preliminary April rate is the lowest unemployment rate in Kentucky since November 2008, according to the Kentucky Office of Employment and Training. The preliminary April 2012 jobless rate was 1.3 percentage points below the 9.6 percent rate recorded a year earlier. The U.S. seasonally adjusted jobless rate fell to 8.1 percent in April, from 8.2 percent...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=ok7qkqfpmT0:UAAAvTYHMpM:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=ok7qkqfpmT0:UAAAvTYHMpM:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=ok7qkqfpmT0:UAAAvTYHMpM:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=ok7qkqfpmT0:UAAAvTYHMpM:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=ok7qkqfpmT0:UAAAvTYHMpM:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=ok7qkqfpmT0:UAAAvTYHMpM:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>
CafePress partners with YouTube for e-commerce
<img src='http://assets.bizjournals.com/sanjose/blog/Cafepress_logo*100.jpg?v=1'>CafePress Inc., which recently announced it is relocating its headquarters to Louisville, is rolling out a new feature that will bring customized online commerce to the YouTube Merch Store. In this feature, CafePress Shop owners can add hand-selected merchandise to their YouTube channels, creating a new revenue opportunity for video aficionados and fans, according to a news release. The owners of CafePress? (NASDAQ: PRSS) three million shops can select inventory to feature on their individual...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=7PvzYqsjR5g:wb4M7_yOUSc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=7PvzYqsjR5g:wb4M7_yOUSc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=7PvzYqsjR5g:wb4M7_yOUSc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=7PvzYqsjR5g:wb4M7_yOUSc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=7PvzYqsjR5g:wb4M7_yOUSc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=7PvzYqsjR5g:wb4M7_yOUSc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>
Ford is taking orders for C-MAX hybrid
<img src='http://assets.bizjournals.com/http://assets.sustainablebusinessoregon.com/national/Ford_Cmax*100.jpg?v=1'>Ford Motor Co. said Thursday that dealers have begun taking orders for its C-MAX Hybrid, which is being produced at Ford's Wayne, Mich.-based Michigan Assembly Plant alongside Ford's Focus, Focus Electric and Focus ST models. According to a news release, C-MAX will launch this fall as part of Ford's strategy to deliver leading fuel economy across its lineup while tripling electrified vehicle production capacity by 2013. The 2013 Ford C-MAX Hybrid will carry a base price of $25,995, about $500 lower...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=K-gBIUGjFH8:VzaVNu76WRs:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=K-gBIUGjFH8:VzaVNu76WRs:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=K-gBIUGjFH8:VzaVNu76WRs:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=K-gBIUGjFH8:VzaVNu76WRs:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=K-gBIUGjFH8:VzaVNu76WRs:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=K-gBIUGjFH8:VzaVNu76WRs:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>
St. Louis Fed president: Fed doing enough
The Federal Reserve is doing enough to boost the economy, said James Bullard, president of the Federal Reserve Bank of St. Louis, in a speech Wednesday at The Olmsted. Bullard is a member of the Federal Open Market Committee, which helps set interest rates nationally. As Business First reported, he told an audience of local business leaders, "If anything, the committee may be trying to do too much with monetary policy, risking monetary instability for the U.S. and the global economy." Some economists...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=7RNj_vo3SLw:v-pF4UZB-Jw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=7RNj_vo3SLw:v-pF4UZB-Jw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=7RNj_vo3SLw:v-pF4UZB-Jw:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=7RNj_vo3SLw:v-pF4UZB-Jw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?i=7RNj_vo3SLw:v-pF4UZB-Jw:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_louisville?a=7RNj_vo3SLw:v-pF4UZB-Jw:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_louisville?d=qj6IDK7rITs" border="0"></img></a> </div>

City ordinance will be amended to protect gay people
Ever since the idea for amending the Jacksonville anti-discrimination ordinance to include gay people came up a couple of weeks ago, people have been wondering why Mayor Alvin Brown has declined to address the issue head on, which seems to be his style on just about any topic you can name. We argue in Friday?s Jacksonville Business Journal editorial that when all is said and done, it really won?t matter what the Mayor says on this issue. Chances are, the ordinance will be amended by the City...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=hjm5D5dg2qg:lXE0xTBWe6I:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=hjm5D5dg2qg:lXE0xTBWe6I:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=hjm5D5dg2qg:lXE0xTBWe6I:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=hjm5D5dg2qg:lXE0xTBWe6I:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=hjm5D5dg2qg:lXE0xTBWe6I:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=hjm5D5dg2qg:lXE0xTBWe6I:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=qj6IDK7rITs" border="0"></img></a> </div>
Wells Fargo No. 1 SBA 7(a) lender in Florida
<img src='http://assets.bizjournals.com/jacksonville/images/BOL-Wells-Fargo*100.jpg?v=2'>Wells Fargo was the No. 1 Small Business Administration 7(a) lender in 12 states ? including Florida ? for the first six months of federal fiscal year 2012. SBA 7(a) loans are given to qualifying businesses in a wide range of industries that generally have average revenue of less than $20 million and 500 or fewer employees. The other states in which the San Francisco-based bank (NYSE: WFC) led in 7(a) lending included Alaska, Arizona, California, Colorado, Minnesota, North Carolina, Nevada,...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=zhLlsUG-XA0:UNJvNvLvxsg:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=zhLlsUG-XA0:UNJvNvLvxsg:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=zhLlsUG-XA0:UNJvNvLvxsg:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=zhLlsUG-XA0:UNJvNvLvxsg:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=zhLlsUG-XA0:UNJvNvLvxsg:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=zhLlsUG-XA0:UNJvNvLvxsg:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=qj6IDK7rITs" border="0"></img></a> </div>
Ideas abound to fix Downtown, but which are gaining traction?
<img src='http://assets.bizjournals.com/jacksonville/blog/SkylinefromRiversidecarousel550*100.jpg?v=1'>Of all the issues Downtown revitalization faces, a shortage of ideas isn?t one of them. Sidewalk cafes. The transformation of a blighted corner into a boutique hotel and urban chic apartments. A new convention center. Then there are the ideas Mayor Alvin Brown has put out there in recent weeks: The private investor fund for revitalization projects and putting out a request for proposals to take inventory of vacant properties. In tomorrow?s print edition, we take a closer look at the ideas...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=YVKeHRzWkec:nm5y40y3jHw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=YVKeHRzWkec:nm5y40y3jHw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=YVKeHRzWkec:nm5y40y3jHw:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=YVKeHRzWkec:nm5y40y3jHw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=YVKeHRzWkec:nm5y40y3jHw:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=YVKeHRzWkec:nm5y40y3jHw:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=qj6IDK7rITs" border="0"></img></a> </div>
JPMorgan Chase trading loss to increase by at least $1 billion
<img src='http://assets.bizjournals.com/sanjose/news/4-jp%20morgan%20chase%20logo*100.jpg?v=1'>The $2 billion loss from a JPMorgan Chase & Co. investment office is could increase by at least 50 percent, the New York Times reports. CEO Jamie Dimon announced the loss last week, and said they could double within the next few quarters, the NYT reported. The FBI has launched a preliminary investigation into the bank. JPMorgan Chase & Co. (NYSE: JPM) is the thirty-ninth-largest bank in Northeast Florida, with $12 million in local deposits and 1 branch.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=ZuTWudmTAic:mvcAY9buOHU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=ZuTWudmTAic:mvcAY9buOHU:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=ZuTWudmTAic:mvcAY9buOHU:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=ZuTWudmTAic:mvcAY9buOHU:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=ZuTWudmTAic:mvcAY9buOHU:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=ZuTWudmTAic:mvcAY9buOHU:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=qj6IDK7rITs" border="0"></img></a> </div>
Southwest slows fleet growth, ups dividend
<img src='http://assets.bizjournals.com/stlouis/Southwest_Boeing_737_Promo*100.jpg?v=1'>Southwest Airlines announced Wednesday that it plans to slow down its fleet growth as part of its plan to hit profit targets, the Dallas Business Journal reports. ?The delivery deferrals will reduce our capital spending roughly $1 billion, in total, for 2012 through 2014, supporting our desire to strengthen our free cash flow in an uncertain economic and fuel cost environment,? said Gary Kelly, Southwest?s president, chairman and CEO, at Wednesday?s annual shareholder meeting. The aircraft...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=RJhh3w6Zo9I:75G3r0hOiLA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=RJhh3w6Zo9I:75G3r0hOiLA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=RJhh3w6Zo9I:75G3r0hOiLA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=RJhh3w6Zo9I:75G3r0hOiLA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=RJhh3w6Zo9I:75G3r0hOiLA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=RJhh3w6Zo9I:75G3r0hOiLA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=qj6IDK7rITs" border="0"></img></a> </div>
Wells Fargo customers in Florida to get $7 fee
<img src='http://assets.bizjournals.com/jacksonville/images/BOL-Wells-Fargo*100.jpg?v=2'>Wells Fargo customers in Florida with Essential Checking accounts will be charged a $7 monthly fee starting in September unless they keep a $1,500 minimum daily balance or have $500 a month directly deposited, the Sun Sentinel reports. The fee will go to $5 if customers are willing to get online instead of paper statements. Wells Fargo (NYSE: WFC) is the third-largest bank in Northeast Florida with 62 offices, $6.1 billion in area deposits and a market share of 13.22 percent.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=YquN07iKV0Y:WFrBJACfkQ8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=YquN07iKV0Y:WFrBJACfkQ8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=YquN07iKV0Y:WFrBJACfkQ8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=YquN07iKV0Y:WFrBJACfkQ8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=YquN07iKV0Y:WFrBJACfkQ8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=YquN07iKV0Y:WFrBJACfkQ8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=qj6IDK7rITs" border="0"></img></a> </div>
Wells Fargo asks for reversal of $203M overdraft damages
<img src='http://assets.bizjournals.com/jacksonville/images/BOL-Wells-Fargo*100.jpg?v=2'>Wells Fargo & Co. is seeking a reversal of a judgment that orders it to pay California customers $203 million for manipulating debit-card transactions to boost overdraft fees, Bloomberg reports. Wells Fargo (NYSE:WFC) asked a federal appeals court to throw out the judgment, saying the lawsuit claims are preempted by federal banking law. The suit came after customers alleged the bank changed its treatment of debit-card transactions and cash withdrawals in 1999 to boost overdraft fees. Wells Fargo...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=pJ7wt2JPgr0:FcOpMDbvgl4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=pJ7wt2JPgr0:FcOpMDbvgl4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=pJ7wt2JPgr0:FcOpMDbvgl4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=pJ7wt2JPgr0:FcOpMDbvgl4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=pJ7wt2JPgr0:FcOpMDbvgl4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=pJ7wt2JPgr0:FcOpMDbvgl4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=qj6IDK7rITs" border="0"></img></a> </div>
Bank of America sheds branches
<img src='http://assets.bizjournals.com/austin/news/BankofAmerica%20icon*100.jpg?v=1'>In an effort to shave costs, Bank of America Corp. closed 154 banking centers and 631 ATMs in the first quarter, the Phoenix Business Journal reports, citing a securities filing from the Charlotte-based banking giant. BofA (NYSE:BAC) said the number of online banking customers increased by 374,000 and mobile customers by 2.7 million during the first quarter, reflecting customers? changing preferences. BofA sold 15 branches in Maine last month. The Charlotte Business Journal at that time reported...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=bNaRoFCjC-4:PoFvyQcF7sQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=bNaRoFCjC-4:PoFvyQcF7sQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=bNaRoFCjC-4:PoFvyQcF7sQ:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=bNaRoFCjC-4:PoFvyQcF7sQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=bNaRoFCjC-4:PoFvyQcF7sQ:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=bNaRoFCjC-4:PoFvyQcF7sQ:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=qj6IDK7rITs" border="0"></img></a> </div>
Judge keeps Hostess Brands' union contacts intact
<img src='http://assets.bizjournals.com/denver/news/HostessTwinkiesWeb*100.JPG?v=2'>A U.S. Bankruptcy Judge has told Irving-based Hostess Brands Inc. that its labor contracts with the International Brotherhood of Teamsters union will stay in place. The company had sought to throw out its agreement as it struggles with its second Chapter 11 bankruptcy reorganization it the past couple years. ?We told our Hostess members all along that we would vigorously oppose the imposition of unjust working conditions since Hostess first filed bankruptcy, and we have done just that,? Teamsters...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=2vL_1RCOJzg:KbzSi3X3wHA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=2vL_1RCOJzg:KbzSi3X3wHA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=2vL_1RCOJzg:KbzSi3X3wHA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=2vL_1RCOJzg:KbzSi3X3wHA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=2vL_1RCOJzg:KbzSi3X3wHA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=2vL_1RCOJzg:KbzSi3X3wHA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=qj6IDK7rITs" border="0"></img></a> </div>
Stein Mart reports first quarter earnings
<img src='http://assets.bizjournals.com/jacksonville/Stein-Mart-550*100.jpg?v=1'>Stein Mart (Nasdaq: SMRT) Sales: $303.4 million, flat from $303.5 million a year earlierNet income: $11.8 million, down from $15.9 million a year earlierEarnings per share: 27 cents per diluted share, down from 35 cents a year earlier ?It is very important for us to reinforce the value of our merchandise at their regular prices,? said Jay Stein, interim CEO. ?We have made substantial progress on this initiative during the first quarter with only a minimal impact to our comparable store sales....<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=DMAedDfXYc0:ZSiWjjlxBcU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=DMAedDfXYc0:ZSiWjjlxBcU:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=DMAedDfXYc0:ZSiWjjlxBcU:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=DMAedDfXYc0:ZSiWjjlxBcU:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=DMAedDfXYc0:ZSiWjjlxBcU:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=DMAedDfXYc0:ZSiWjjlxBcU:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=qj6IDK7rITs" border="0"></img></a> </div>

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