Baxter & Baxter, LLP

Homes Sales Jump 4.3 Percent In January

blogger — Wed, 22 Feb 2012 15:20:00 +0000

Sales or previously occupied homes rose to the highest pace since May 2010, flashing signs of health ahead of the spring buying season. The National Association of Realtors said sales increased 4.3 percent last month to a seasonally adjusted annual rate of 4.57 million.

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Massey Officials Charged In 2010 Coal Mine Blast

blogger — Wed, 22 Feb 2012 14:48:00 +0000

Federal prosecutors Wednesday unveiled the most serious criminal charges yet in the West Virginia explosion that killed 29 workers. The new charges involve officials at former mine owner Massey Energy who were directly responsible for managing Upper Big Branch.

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So Pinterest Is A Woman’s World. Does That Matter?

blogger — Wed, 22 Feb 2012 14:00:00 +0000

Pinterest, which has drawn lots of media interest and millions of users, has been tagged "digital crack for women." But while most users are female, men are finding ways to use the social media site, like Drew Hawkins' "Board of Man."

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Reports: Obama Seeks 28 Percent Corporate Tax Rate

blogger — Wed, 22 Feb 2012 12:33:00 +0000

The president is proposing to cut the corporate tax rate from 35 percent to 28 percent and wants an even lower effective rate for manufacturers, according to a senior administration official. In turn, corporations would have to give up dozens of loopholes and subsidies.

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Bailout Will Help Greece Meet Bond Obligations

blogger — Wed, 22 Feb 2012 09:00:00 +0000

With every announcement that Europe has finally dealt with its debt crisis there is a sigh of relief — and then reality sets in. There is a lot of skepticism this time because the Greek economy needs to start growing in order for it to make debt payments. And so far all the signs point toward a continuing contraction.

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Johnson & Johnson Names New CEO

blogger — Wed, 22 Feb 2012 09:00:00 +0000

Johnson and Johnson has been struggling with lawsuits and product recall issues — most recently it was bottles of infant Tylenol. Current CEO William Weldon plans to retire in April. His replacement will be Alex Gorsky, a Johnson & Johnson executive who has dealt with its supply-chains.

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Sotheby’s To Auction Munch’s ‘The Scream’

blogger — Wed, 22 Feb 2012 09:00:00 +0000

One of four versions of "The Scream" by Norwegian artist Edvard Munch is going on the block this spring. All four versions of the painting show a man clutching the sides of his skull-shaped head, his mouth open. The one being offered by Sotheby's is the last still in private hands.

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Comcast Picks Up 4 Minority-Owned Cable Channels

blogger — Wed, 22 Feb 2012 07:37:00 +0000

The country's largest cable company Comcast announced it's going to carry four new channels geared toward African American and Latino audiences. Owners include Magic Johnson, Sean "Diddy" Combs and movie director Robert Rodriguez. Comcast promised Congress nearly two years ago that it would carry more minority-owned and operated networks in its bid to acquire NBC-Universal.

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Presidential Hopefuls Blame Gas Prices On Obama

blogger — Wed, 22 Feb 2012 06:49:00 +0000

Gasoline prices are up nearly 20 cents from a month ago. High prices at the pumps could turn into a liability for President Obama — if Republicans have their way. The White House insists its policies are not to blame.

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New Consumer Agency Eyes Bank Overdraft Fees

blogger — Wed, 22 Feb 2012 05:01:00 +0000

The Consumer Financial Protection Bureau estimates that last year, banks made $15 billion to $22 billion from the overdrawn-account fees they charge customers. The agency is seeking data from banks so it can help customers avoid such charges. But any changes could lead banks to raise other fees.

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