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Payment Processing News

Yahoo! News: Business News
Updated : Wed, 08 Sep 2010 23:27:15 GMT

Bankers urge government to pull plug on Fannie, Freddie (Reuters)
Reuters - The federal government should take mortgage finance giants Fannie Mae and Freddie Mac off life support sooner rather than later, the Mortgage Bankers Association urged on Wednesday.
Publ.Date : Wed, 08 Sep 2010 20:35:59 GMT

AP Source: New GM CEO wants automaker to beat BMW (AP)

AP - General Motors' new CEO told employees that the automaker needs to make cars and trucks that are better than those of competitors such as BMW.



Publ.Date : Wed, 08 Sep 2010 21:13:32 GMT

Coffee hits 13-year high; retail prices also up (AP)
AP - Coffee prices hit a 13-year high Wednesday, extending a rally that has sent prices up about 43 percent in the past three months.
Publ.Date : Wed, 08 Sep 2010 21:28:12 GMT

Spartech posts fiscal 3Q loss, misses expectations (AP)
AP - Plastic sheet and packaging maker Spartech Corp. reported a net loss for its fiscal third quarter on Wednesday and said that despite higher revenue, the overall market recover is slower than expected.
Publ.Date : Wed, 08 Sep 2010 23:24:40 GMT

Governor Rendell: Natural Gas Severance Tax Needed to Continue Protecting Environment, Aid Impacted Communities (PR Newswire)
PR Newswire - CHESTER COUNTY, Pa., Sept. 8 /PRNewswire-USNewswire/ -- A proposed severance tax on the natural gas industry could help to continue Pennsylvania's investments in important environmental projects well into the future and help affected communities deal with the impacts of drilling, Governor Edward G. Rendell said today while addressing a coalition of organizations dedicated to protecting the state's natural resources.
Publ.Date : Wed, 08 Sep 2010 20:44:00 GMT

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