Quick Wealth Network

Money Management News

Liquidity crunch eases for mutual fundsSunday, November 23, 2008 @ 7:40AMSecurities and Exchange Board of India, or Sebi, today said liquidity problems faced by mutual funds had eased, as borrowings by companies through the special window opened by the Reserve Bank of India had come down to a fifth of the permissible amount.

Safe returns, but illiquidSunday, November 23, 2008 @ 7:30AMA look at traditional debt instruments.... When the stock markets look uncertain, investors flock towards debt. It’s true that the returns are lower, but when safety of the principal amount is a priority, debt instruments become all the more important.

Downturn no respecter of incomesSunday, November 23, 2008 @ 7:26AMFORT SMITH — In October, Carter Fujibayashi was laid off from his job producing television commercials for Cox Media. (Arkansas Democrat-Gazette Northwest Edition)

Nude shots on phone left at McDonald’s spark suitSunday, November 23, 2008 @ 7:25AMFAYETTEVILLE — A Mc-Donald’s restaurant in Northwest Arkansas and other defendants face a lawsuit that accuses employees of posting nude photographs on the Internet that were found on a cell phone left by a customer. (Arkansas Democrat-Gazette Northwest Edition)

Letter to the EditorSunday, November 23, 2008 @ 7:24AMThank you also for featuring my side on this matter in your front page issue of Nov. 14, 2008 printed in blazing yellow color. I have not received any P5 million in cash or fertilizer.

$1 million grant is for emergency radiosSunday, November 23, 2008 @ 7:22AMWest End Fire and Rescue Co. of Shippensburg received a $1 million grant Friday from the Federal Emergency Management Agency, but the grant will be shared with 14 other fire and emergency medical service units in Franklin County, western Cumberland County and Adams County.

Analyst: Boscov has uphill battleSaturday, November 22, 2008 @ 12:56AMAs difficult as it was for the group led by Albert Boscov to assemble the funds and win approval Friday to buy the bankrupt chain of department stores bearing his name, a retail industry analyst said it may be even tougher running the business in these troubled economic times.

Shock finding on metro police graftSaturday, November 22, 2008 @ 12:55AMMetro cops across the country are supplementing their income by more than R30 000 a week, according to an ISS finding.

E.A. Miller workers vote to be unionizedSaturday, November 22, 2008 @ 12:53AMHYRUM — More than 1,100 workers at the JBS/Swift & Company meatpacking plant gained union representation Wednesday after a vote was taken by secret ballot.