Archive for June, 2012

News Corp split sets stage for possible Lachlan return

Posted on 28. Jun, 2012 by .

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(Reuters) – Rupert Murdoch’s decision to become chief executive of a new, separate entertainment company split off from News Corp but not to head the new publishing business sparked speculation he was setting the stage for the return of his eldest son Lachlan as an executive at the company.

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U.S. grants Iran sanctions exceptions to China

Posted on 28. Jun, 2012 by .

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WASHINGTON (Reuters) – The United States gave China a six-month reprieve from Iran financial sanctions on Thursday, avoiding a diplomatic spat with a country whose support it needs to try to quell violence in Syria and rein in Tehran’s nuclear ambitions.

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Colorado Springs fire ranks as state’s most destructive on record

Posted on 28. Jun, 2012 by .

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COLORADO SPRINGS, Colo. (Reuters) – A fierce Colorado wildfire that has forced the evacuation of some 35,000 people while raging for six days at the edge of the state’s second-most populous city has destroyed 346 homes, Mayor Steve Bach said on Thursday, citing preliminary damage reports.

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Battle over Spain, Italy rescue erupts at EU summit

Posted on 28. Jun, 2012 by .

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BRUSSELS (Reuters) – Italy and Spain, battling searing market pressure in the euro zone’s widening debt crisis, blocked agreement on measures to promote growth at a European Union summit on Thursday to demand urgent action to bring down their borrowing costs.

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Analysis: After healthcare victory in court, new challenges for Obama

Posted on 28. Jun, 2012 by .

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WASHINGTON (Reuters) – As Democrats celebrated the U.S. Supreme Court’s ruling on Thursday that saved President Barack Obama’s sweeping healthcare overhaul, the mood inside the White House was a subdued satisfaction.

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Blast hits Damascus, Turkey sends troops to border

Posted on 28. Jun, 2012 by .

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BEIRUT/ISKENDERUN, Turkey (Reuters) – Rebel forces attacked Syria’s main court in central Damascus on Thursday, state television said, while Turkey deployed troops and anti-aircraft rocket launchers to the Syrian border, building pressure on President Bashar al-Assad.

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House finds Attorney General Holder in contempt

Posted on 28. Jun, 2012 by .

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WASHINGTON (Reuters) – Attorney General Eric Holder was found in contempt of Congress on Thursday as the Republican-controlled House of Representatives sanctioned the nation’s top law enforcement official for withholding some documents related to a failed gun-running probe.

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UK banks face new scandal; Barclays boss in peril

Posted on 28. Jun, 2012 by .

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LONDON (Reuters) – Britain will expose on Friday a second scandal involving the country’s banks in as many days, as Barclays boss Bob Diamond clings to his job after regulators slapped a record fine on the lender for rigging interest rates.

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Persolvo Data Systems Joins ARMVend

Posted on 28. Jun, 2012 by .

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Persolvo Data Systems, a leading provider of web-based settlement software and analytics tools designed to locate, identify and settle consumer accounts enrolled in debt settlement programs, announced today that it has joined ARMVend, the premier group purchasing organization in the accounts receivable management industry.

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Executive Changes: Access Receivables Boosts Education Division with Two New Hires

Posted on 28. Jun, 2012 by .

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Access Receivables, a Maryland based national collection firm, has announced the expansion of its Access Education Services Division with the hiring of two executives who have extensive experience in student collections and debt management.

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