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Monthly Archive March, 2010

HearUSA reports first profitable year

March 28, 2010

HearUSA said its revenue for the fourth quarter of 2009 rose 5 percent to $21.7 million from $20.7 million in the same year-ago quarter. Losses from continuing operations were $315,000, improved from a loss of $3.5 million a year earlier.
Net loss attributable to common stockholders was $172,000, or 0 cents a share, in the fourth […]

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People on the Move: March 22

March 23, 2010

This is a weekly roundup of promotions, appointments and employee accomplishments in the Birmingham metro area. For more People on the Move, check out the Birmingham Business Journal’s print edition each week. Send announcements to ccrawford@bizjournals.com.
ACCOUNTING
Betsy Nolen, professional concierge at Barfield Murphy Shank & Smith, was honored with the Ellis Porch Spirit Award from the […]

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Nigerian prince still wants your money

March 19, 2010

Internet fraud cases surged by 22% in 2009, and financial losses doubled compared to the year before as scammers took advantage of Americans rendered desperate by the recession.
The Federal Bureau of Investigation’s Internet Crime Complaint Center said it received 336,655 complaints in 2009 with losses totaling $559.7 million. This is a substantial increase from […]

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Ready to spend? Figure cost per use

March 16, 2010

Is a $150 pair of jeans a better deal than a $50 pair? Is a $60-per-month gym membership worth it? Should you spend $20 more for a better coffee maker?
The answer is, of course, that it depends. One way to evaluate a purchase is to estimate its cost per use, rather than […]

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Toyota starts the long road back

March 13, 2010

Toyota fired another volley this week as it continued its fight to regain the confidence of owners shaken by reports of unintended acceleration.
During a webcast with journalists Monday, the Japanese automaker’s hired independent experts went after professor David Gilbert of Southern Illinois University, who has emerged as a gadfly engineer. Gilbert appeared on ABC […]

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Volcker Says Too Soon to Cut U.S. Monetary, Fiscal Stimulus

March 10, 2010

White House adviser Paul Volcker said it’s too soon for U.S. policy makers to withdraw the stimulus measures and interest-rate cuts used to fight the worst slump since the Great Depression.
“This is not the time to take aggressive tightening action, either fiscally or monetary-wise,” said Volcker in an interview in Berlin yesterday, pointing […]

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Japan’s Kan Tackles Sales Tax ‘Taboo’ That Obama Won’t Touch

March 4, 2010

Finance Minister Naoto Kan’s readiness to debate Japan’s first sales-tax increase since 1997 signals the risk of a fiscal crisis may be weighing heavier with policy makers than dangers to economic growth.
A government tax panel convenes in coming weeks to review changes and hear recommendations of a private-sector board, after Kan last month […]

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Thunderbird students caught in Chile quake

Forty-two students from the Thunderbird School of Global Management were in Chile Saturday during the 8.8 magnitude earthquake that rocked the South American country.
The Glendale graduate business school said the students as well as a professor and staff member survived the quake without injury.
The students, in the capital city of Santiago for a one-week class, […]

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