Archive for May, 2012

Columbia Ultimate Awarded SSAE 16 TYPE II Certification

Posted on 31. May, 2012 by .

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Columbia Ultimate, a leader in technology and integrated solutions for the collection industry, recently received its Statement on Standards for Attestation Engagements No. 16 (SSAE 16) Type II certification by the American Institute of Certified Public Accountants (AICPA). The certification was achieved through the SOC 1 examination report conducted by audit examiners Auditwerx (formerly SAS 70 CPA) and aligns Columbia Ultimate with the industries top standards in data security.

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Blind activist urges U.S. to push China on rule of law

Posted on 31. May, 2012 by .

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NEW YORK (Reuters) – Blind Chinese rights activist Chen Guangcheng urged the United States on Thursday to “try harder” to promote rule of law in his homeland as he described his brother and nephew being so badly beaten in an attack he blamed on local officials that thick axe handles being used as weapons broke.

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ECB, EU officials warn euro’s survival at risk

Posted on 31. May, 2012 by .

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BRUSSELS (Reuters) – The European Central Bank stepped up pressure on Thursday for a joint guarantee for bank deposits across the euro zone, saying Europe needed new tools to fight bank runs as the bloc’s debt crisis drives investors to flee risk.

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Money flies out of Spain, regions pressured

Posted on 31. May, 2012 by .

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MADRID (Reuters) – Spaniards alarmed by the dire state of their banks are squirreling money abroad at the fastest rate since records began, figures showed on Thursday, and the credit ratings of eight regions were cut.

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Court says marriage law discriminates against gay couples

Posted on 31. May, 2012 by .

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BOSTON/NEW YORK (Reuters) – A federal appeals court in Boston found on Thursday that a U.S. law defining marriage as a union between a man and a woman unconstitutionally denies federal benefits to lawfully married same-sex couples in a ruling that promises to push the issue of gay marriage to the U.S. Supreme Court.

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British ministers backed Murdoch takeover: inquiry

Posted on 31. May, 2012 by .

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LONDON (Reuters) – British cabinet ministers worked behind the scenes to support James Murdoch’s bid to take over a pay-TV company, a public inquiry heard on Thursday, adding weight to opposition criticism of the government’s ties to powerful media barons.

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Syria rebel chief urges Annan to declare peace plan over

Posted on 31. May, 2012 by .

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BEIRUT (Reuters) – Syria’s main rebel commander urged Kofi Annan on Thursday to announce that his peace plan has failed and free insurgents from any commitment to a truce deal, which the United States said may collapse and trigger a wider Middle East crisis.

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Same-store sales up in May, but shoppers careful

Posted on 31. May, 2012 by .

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(Reuters) – Low prices and good deals helped wary U.S. consumers overcome their growing anxiety about the economy in May, leading to stronger-than-expected sales for top retailers.

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Jobs data points to loss of momentum in recovery

Posted on 31. May, 2012 by .

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WASHINGTON (Reuters) – Private payroll growth accelerated only slightly last month and claims for jobless benefits rose last week, suggesting the U.S. labor market recovery was stalling after a strong performance early in the year.

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PIMCO’s Gross warns of economic “breaking point”

Posted on 31. May, 2012 by .

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NEW YORK (Reuters) – The debt crisis and central bank policy responses have degraded the quality and value of debt markets and signal a “potential breaking point” in the global economy, PIMCO’s Bill Gross, manager of the world’s largest bond fund, said in his monthly letter to investors.

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