Marketplace Report: Restaurant Online Ordering Takes-off
Delphis Software www.delphissoftware.com, a Fresno, California based corporation, has emerged as the industry leader in restaurant internet food order applications with an installed based of over 15,000 restaurants. Placing food orders via the internet has evolved over the last 18 months into a hot market for savvy high-tech firms. With Delphis Software leading the way, continued growth in this arena is expected.
Friday, July 30, 2010 07:08:16 GMT (breaking)

Nonprofit Raffles are Big Business
Mega House Raffle www.MegaHouseRaffle.com has now moved into position as the nation's largest charitable raffle. With massive cuts in funding for nonprofit organizations in both the public and private sectors, house raffles are fast becoming an effective vehicle for raising much needed money to fund charitable operations. Mega House Raffle describes itself as California's largest, however our review clearly puts this raffle as the biggest in the country.
Friday, July 30, 2010 07:08:16 GMT (breaking)

Amazon Launches Sleeker Kindle
A vice president at Amazon says the new e-reader, which will become available at the end of August, fits in a coat pocket or a relatively small purse.
Thu, 29 Jul 2010 04:52:00 -0400

Toyota Recalls 400,000 Vehicles
Toyota is recalling more than 400,000 vehicles, due to steering system trouble. The cars involved are mostly higher-end Avalon sedans -- from model years 2000 to 2004. Toyota says the steering lock bar could break under certain conditions.
Thu, 29 Jul 2010 04:00:00 -0400

Foreclosures Rise In 3 Of 4 Metro Areas
While it appears foreclosures may have peaked in metropolitan areas that were initially the worst hit, the crisis is now becoming much more widespread.
Thu, 29 Jul 2010 14:39:00 -0400

New York Launches Probe Of Life Insurance Industry
The attorney general's office is investigating whether insurers are profiting off of grieving families by placing funds from life insurance policies into potentially risky accounts that they control. Andrew Cuomo said his office had served subpoenas on Prudential Financial Inc. and MetLife Inc. as part of the probe.
Thu, 29 Jul 2010 23:08:00 -0400

Citigroup Paying $75M To Settle Civil Charges
The bank settles charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.
Thu, 29 Jul 2010 17:16:00 -0400

New Weekly Jobless Claims Decline To 457,000
Initial claims for unemployment benefits fell last week for the third time in four weeks but remain elevated. The Labor Department says first-time claims for unemployment insurance dropped by 11,000 to a seasonally adjusted 457,000. Analysts surveyed by Thomson Reuters had expected a smaller drop.
Thu, 29 Jul 2010 08:31:00 -0400

In Mass., A Debate Over 'Right To Repair' Law
Massachusetts lawmakers are considering a bill that would give independent auto mechanics access to the same repair data as dealerships. This has been a recurring point of tension between the auto companies and companies that make parts and small repair shops.
Thu, 29 Jul 2010 04:00:00 -0400

Budget Crunch Hits Atlantic City Hard
State and local governments have cut 242,000 jobs since the summer of 2008, and that number is expected to grow as many states face massive deficits. Atlantic City is trying to shore up its finances by firing cops and city workers. Nationwide, these layoffs are causing a drag on the economy.
Thu, 29 Jul 2010 15:10:00 -0400

Mortgage Rates Hit Another Low: 4.54 Percent
Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and refinancing the most attractive in decades for those who can get loans. Freddie Mac says the average rate for 30-year fixed loans this week was 4.54 percent, down from 4.56 last week. That's the lowest since Freddie Mac began tracking rates in 1971.
Thu, 29 Jul 2010 10:22:00 -0400

Optimism Revs Up At GM, Chrysler Plants
President Obama visits GM and Chrysler auto plants in Detroit on Friday to call attention to the successes -- so far -- of the bailed-out companies. A White House report says the industry has added 55,000 jobs, GM will stay open during its usual two-week summer shutdown and Chrysler added another production shift.
Fri, 30 Jul 2010 00:01:00 -0400