Archive for: June, 2010

Disney Timeshare – Aulani Disney Vacation Club on Oahu, Hawaii – Will Soon Take Reservations

Oahu, Hawaii

June 30, 2010 – Although Disney’s timeshare resort on Oahu, Hawaii is not scheduled to open until 2011, the Aulani Disney Vacation Club will soon start taking reservations.

On August 2nd, guests will be able to begin booking reservations for one of Disney’s 360 hotel rooms or 481 two-bedroom at Disney Vacation Club villas on the [...]

Charity Encourages Spitting at DNA Test to Find Bone Marrow Donors

DNA Test

June 30, 2010 – In their search for bone marrow donors, Anthony Nolan Trust, a UK leukemia charity, will be encouraging people to spit into a DNA test kit starting on July 1.

They hope to double the number of lives they will be able to save when it becomes the first charity in the world [...]

Unemployment Benefits Extension Supported by Secretary of Labor Hilda Solis

Secretary of Labor Hilda Solis

June 30, 2010 – At a press conference on Wednesday Secretary of Labor Hilda Solis, Senate Majority Leader Harry Reid (D-Nev.), Senator Jack Reed (D-R.I), and Senator Debbie Stabenow (D-Mich.) urged Republicans to lift their filibuster on the unemployment insurance extension.

According to the Secretary of Labor the lag in the decision making process has cost [...]

Goldman Sachs to Invest $1.05 Billion in Taikang Life Insurance

life insurance

June 30, 2010 – Wall Street investment bank Goldman Sachs is slated to buy the 15.6% stake French insurance group AXA owns in Taikang Life Insurance.

Finalization of the $1.05 billion deal awaits it being approved by the necessary Chinese regulatory departments.

Taikkang Life is currently the fourth largest of China’s life insurance company, following the [...]

Penny Stock Promoters Sued for Scalping by SEC

SEC Sues Scalpers

June 30, 2010 – On Wednesday the SEC accused two Web-savvy stock advisers who made profits of at least $2.4 million of fraud.

Daniel F. Ryan and Carol McKeown, a Canadian couple, were charged with four counts of using Twitter, Facebook, and their Penny Stock Chaser website to promote company stocks that they were selling. [...]

As Health Savings Accounts Become More Popular OptumHealth Bank Surpasses $1 Billion in Assets

HSAs Become More Popular

June 30, 2010 – A Health Savings Accounts (HAS) is offered in conjunction with a high-deductible health care plan.

It is designed to give people tax advantages when they save for current as well as potential future medical expenses.

Although the funds that are deposited into an HSA are pre-tax dollars, the interest that is earned is [...]

Senate Democrats Try to Save Unemployment Benefits by Combining Bill with Tax Credit Plan

Who will be next in the unemployment line?

June 30,2010 – On Wednesday Senate Majority Leader Harry Reid said that he got commitments from the two Republican senators from Main, Susan Collins and Olympia Snowe, to support the Democrats newest version of the unemployment benefits bill.

With the death of Senator Robert Byrd, D-W. Va., Democrats are now one vote short of saving unemployment [...]

Are Legal Cuban Cigars in Your Future?

Cuban Cigars

June 30, 2010 – A bipartisan bill to end a decades-old United States ban on travel to Cuba is beginning to work its way through Congress.

On Tuesday a senior lawmaker said that a congressional panel is ready to take the first steps aimed at both ending a travel ban that has been in existence since [...]

Companies That Offer Health Coverage for Early Retirees Get Help from the Fed

Health Coverage for Early Retirees Now Available

June 28, 2010 – In the past two decades the number of large firms that offer health coverage to early retirees has dropped by more than 50%.

A new federal health care reform law, the Patient Protection and Affordable Care Act, will offer relief to employers who offer this coverage and give access to high quality [...]

Countrywide Sued by Illinois Attorney General Lisa Madigan for Discrimination

Countrywide Sued for Discrimination

June 29, 2010 – Illinois Attorney General Lisa Madigan filed a lawsuit on Tuesday that alleges that Bank of America Corp. subsidiary Countrywide discriminated against Latinos and blacks who bought home mortgages through their offices.
The lawsuit seeks civil penalties and restitution of $25,000 for every violation of the Illinois Human Rights Act.
The lawsuit claims that [...]

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