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Archive for the Category ‘Business’

Opening Doors – HOA Assistance

Opening Doors – HOA Assistance

The PWR Charity Foundation of Orange County in California is now offering one year home owners association dues (HOA) to qualified first time home buyers.
The HOA assistance grants will offer up to $250 per month, paid directly to the home owners association for a total of up to $3,000 for one year, per qualified [...]

Buiders hit high confidence level.

Buiders hit high confidence level.

YORBA LINDA. August 21, 2009. Confidence in the market for builders of newly built, single-family homes rose in August to its highest level since June 2008, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
Home building expectations have been buoyed by the success of the first-time home buyer tax credit that expires [...]

“Government Motors” plans IPO – Will not comply with Generally Accepted Accounting Principles

“Government Motors” plans IPO – Will not comply with Generally Accepted Accounting Principles

DETROIT. August 8, 2009.  General Motors Co. plans to register 3.5 billion shares of stock to ready itself for a public offering sometime next year, using the proceeds to repay at least part of what it owes the U.S. government and other stakeholders.
GM disclosed in a filing with the U.S. Securities and Exchange Commission on [...]

What you talking about, Willis??? United Airlines is poised to make it official.

What you talking about, Willis??? United Airlines is poised to make it official.

CHICAGO. August 5, 2009. UAL Corp. plans to lease about 450,000 square feet in Willis Tower (formerly Sears Tower) in a deal that will bring 2,800 jobs downtown and is to include about $25 million in city subsidies through a tax-increment financing (TIF) grant, sources say.
UAL will move its massive operations center out of its [...]

PepsiCo to acquire PBG and PAS for $36.50 per share and $28.50 per share.

PepsiCo to acquire PBG and PAS for $36.50 per share and $28.50 per share.

PURCHASE, N.Y., SOMERS, N.Y. and MINNEAPOLIS, Minn. (August 4, 2009) — PepsiCo (NYSE: PEP ) today announced that it has entered into definitive merger agreements with The Pepsi Bottling Group, Inc. (NYSE: PBG ) and PepsiAmericas, Inc. (NYSE: PAS ) under which PepsiCo will acquire all of the outstanding shares of common stock it [...]

United States Postal Service has marked 677 post offices nationwide for possible closure

United States Postal Service has marked 677 post offices nationwide for possible closure

CHICAGO. August 3, 2009. The United States Postal Service has marked 677 post offices nationwide for possible closure or consolidation, according to a document given today to a House subcommittee holding a hearing on the future of American mail delivery.
The following United States Postal Service Station/Branches have been Identified For Full Study.
Area District Station/Branch Name [...]

Major banks stop cashing California’s IOUs.

Major banks stop cashing California’s IOUs.

Three major banks, Wells Fargo , JPMorgan Chase and Bank of America have stopped accepting California’s IOU’s on Friday last . Some 60 credit unions, however, continue to accept the registered warrants.
The State of California has issued more than 90,000 IOU’s worth nearly $355 million since July 2 in order to conserve cash [...]

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