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Marketplace Report: Restaurant Online Ordering Takes-off
Delphis Software www.delphissoftware.com, a Fresno, California based corporation, has emerged as the industry leader in restaurant internet food order applications with an installed based of over 15,000 restaurants. Placing food orders via the internet has evolved over the last 18 months into a hot market for savvy high-tech firms. With Delphis Software leading the way, continued growth in this arena is expected.
Saturday, March 13, 2010 10:27:39 GMT (breaking)
Nonprofit Raffles are Big Business
Mega House Raffle www.MegaHouseRaffle.com has now moved into position as the nation's largest charitable raffle. With massive cuts in funding for nonprofit organizations in both the public and private sectors, house raffles are fast becoming an effective vehicle for raising much needed money to fund charitable operations. Mega House Raffle describes itself as California's largest, however our review clearly puts this raffle as the biggest in the country.
Saturday, March 13, 2010 10:27:39 GMT (breaking)
Most States Have No Laws Against Freelance 'Repos'
The auto repossession industry is big business. Two million cars were repossessed last year. A report from the National Consumer Law Center says most of those are done without the involvement of courts or police. These so-called self-help repos have caused at least six deaths in recent years.
Fri, 12 Mar 2010 04:00:00 -0500
Obama Postpones Trip To Indonesia
President Obama is delaying his trip to Asia next week to focus on his big push on health care. The White House tweeted the announcement. His family was going to go with him but they will not now. The White House wanted Congress to act on the health care bill by March 18, Obama's original departure date.
Fri, 12 Mar 2010 09:30:00 -0500
Report Finds Lehman Used Accounting Tricks
A bankruptcy court examiner is raising new questions about the actions of Lehman Bros. executives in the weeks before the firm filed for bankruptcy. In a 2,000-page report, the examiner alleges that Lehman's top managers manipulated the firm's balance sheet in a bid to stave off bankruptcy.
Fri, 12 Mar 2010 15:00:00 -0500
Orange County Sues Toyota For Acceleration Flaws
District Attorney Tony Rackauckas accused the automaker of knowingly selling hundreds of thousands of vehicles that had defects. The suit seeks civil penalties of $2,500 per violation under the Unfair Business Practices Act, along with the recovery of attorney fees and investigative costs.
Fri, 12 Mar 2010 15:22:00 -0500
Obama Considers Janet Yellen For No. 2 Fed Post
President Obama intends to nominate Janet Yellen, the president of the Federal Reserve Bank of San Francisco, to take over as vice chairman of the Federal Reserve, an administration official says. She served as a top economic adviser to President Clinton.
Fri, 12 Mar 2010 08:58:00 -0500
We Bought A Toxic Asset; You Can Watch It Die
Remember those complicated bonds full of home mortgages? The ones that almost brought down the economy? A team of reporters with NPR's Planet Money used $1,000 of their own cash to buy a tiny piece of one — and plan to track it until it dies.
Fri, 12 Mar 2010 09:34:00 -0500
Pink Floyd Wins Battle With EMI Over Online Sales
A British Court ruled record label EMI may not sell Pink Flloyd songs individually without the band's permission. The band insisted its contract prohibited those sales. EMI said the contract didn't apply to Internet sales.
Fri, 12 Mar 2010 04:00:00 -0500
Retail Sales Take A Surprising Turn In February
The Commerce Department said retail sales rose 0.3 percent last month — surpassing expectations that sales would decline by 0.2 percent — as consumers did not let major snowstorms stop them from storming the malls.
Fri, 12 Mar 2010 08:40:00 -0500
Examining Lehman's Creative Accounting
A new report says Lehman Bros. used accounting tricks to cover up the fact it had been insolvent for weeks before it filed for bankruptcy in September 2008. Lynn Turner, former chief accountant for the Securities and Exchange Commission, discusses the creative accounting techniques the company used to manipulate its books.
Fri, 12 Mar 2010 15:00:00 -0500
Christian Groups Find Way Around High Health Costs
The nonprofit Samaritan Ministries transfers money among its members to pay each household's health care costs. Benefits to members include lower monthly payments and faith-based policies, but there's no guarantee their bills will be covered. Several evangelical Christian groups are using similar approaches.
Fri, 12 Mar 2010 08:30:00 -0500