Business news briefs (Lansing State Journal)
Disadvantages of credit trade Risk of bad debt High administration expenses People can buy more than they can afford. More working capital needed
Business news briefs (Lansing State Journal)
The Michigan Economic Development Corp. has announced brownfield redevelopment tax credits to two Lansing-area projects.
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(AFX UK Focus) 2007-10-17 09:25 GMT: TFN NEWS BRIEFING: Aerospace and transportation highlights to 09:10 BST (Interactive Investor)
2007-10-17 08:24:46 Italy govt calls for rapid separation of Telecom Italia's network
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MONEY & BANKING (The Hindu)
FINANCIAL SERVICES Nucleus Software to sell its 25% stake in GMAC Finanical New Delhi, Oct. 10 Software products company Nucleus Software on Wednesday decided to sell its 25.1 per cent holding in GMAC Financial Services India Ltd, to GMAC, at a price to be worked out on the basis of fair market value.“The ...
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J.D. Power and Associates Reports: SunTrust Ranks Highest in Customer Satisfaction with Home Equity Line Servicers (PR Newswire via Yahoo! Finance)
SunTrust ranks highest in satisfying customers with home equity line of credit servicing, according to the J.D. Power and Associates 2007 Home Equity Line of Credit/Loan Servicer Study released today.
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Delphi latest hit by credit crunch (Detroit News)
WASHINGTON -- Delphi Corp.'s plan to seek less in exit financing and emerge from bankruptcy later than expected makes the parts supplier the latest automotive victim of the credit crunch.
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Subprime Woes at Cerberus (BusinessWeek)
The private equity firm bit off a big hunk of risky loans when it bought GMAC
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Subprime Woes At Cerberus (BusinessWeek)
It bit off a big hunk of risky loans when it bought GMAC
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GMAC Global Relocation Services Ranks Highest in Transferee Satisfaction with Corporate Relocation Services, According ... (The San Francisco Examiner)
OAK BROOK, Ill. ( Map ) - Based upon responses from 986 transferees over an 18-month period, GMAC Global Relocation Services ( http://www.GMACGlobalRelocation.com ) ranks highest in satisfying relocated employees with corporate relocation services, according to the J.D. Power and Associates' 2007 Corporate Relocation Transferee Satisfaction Study(SM).
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Why Unions Are Taking Over Some Health Plans (Newsweek)
Unions start shouldering the burden of medical costs.
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Business news briefs (Lansing State Journal)
Advantages of credit trade Usually results in more customers than cash trade Can charge more for goods to cover the risk of bad debt Gain goodwill and loyalty of customers People can buy goods and pay for them at a later date. Farmers can buy seeds and implements, and pay for them only after the harvest. Stimulates agricultural and industrial production and commerce.
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