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Traders see growing risk in the debt of U.S. Cellular Corp. (USM), whose ability to compete with ATT Inc. (T) and Verizon Communications Inc. is hampered by the costs of subsidizing the pricier smartphones sought by consumers. Credit-default swaps tied to the eighth-largest U.S. wireless carrier have almost doubled in the past year while the [...]
HURMAT GROUP Zahid Malik President Editor-in-Chief Ali Akbar House G-8 Markaz, Islamabad, Pakistan Phone: +92 (051) 2853818, 2852027-8, Fax: +92 (051) 2262258 Email: observer@pakobserver.net
New laws that take effect in Connecticut this month impact liquor stores, bakeries, boat owners and numerous other residents, businesses and state agencies. Here is a rundown of selected laws that took effect July 1. Bakery Penalties: A new license for food-manufacturing establishments adds a penalty for bakeries that violate bakery laws and extends those [...]
Nearly four years after Washington bailed out Wall Street, small banks have yet to repay $11 billion of taxpayer money. Uncle Sam wants out and is threatening to unload its stakes in the banks at big discounts to new investors. Many of the 324 institutions, mostly tiny community banks and niche players, wonder whether they’ll [...]
Traders see growing risk in the debt of U.S. Cellular Corp. (USM) (USM), whose ability to compete with ATT Inc. (T) (T) and Verizon Communications Inc. is hampered by the costs of subsidizing the pricier smartphones sought by consumers. Credit-default swaps tied to the eighth-largest U.S. wireless carrier have almost doubled in the past year [...]
Wikipedia Five people with the Texas Tech School of Law have earned awards. The quintet received these honors during the State Bar of Texas Annual Meeting in Houston last June. Awards honoring exceptional service to the legal profession were presented by the Texas Young Lawyers Association. Of the seven President’s Award of Merit, four were [...]
Though most of the new California laws that took effect in 2012 made their debut on Jan. 1, the legislature saved a few for July 1, and they cover a wide range of topics. Impacting the growing public fascination with body art, AB 300 requires that tattoo and body-piercing practitioners now must register each year [...]
—Since mid-2010, nearly all the failed banks have been small. The five biggest banks to fail since 2008 are: Washington Mutual, based in Seattle, September 2008, $307 billion in assets; IndyMac Bank, Pasadena, Calif., July 2008, $32 billion; Colonial Bank, Montgomery, Ala., August 2009, $25 billion; Guaranty Bank, Austin, Texas, August 2009, $13 billion; and [...]
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