Global regulators said they agreed that banks deemed too big too fail must hold as much as 2.5 percentage points in additional capital as part of efforts to prevent another financial crisis.
BusinessWeek.com — Finance
U.S. stocks sank, erasing the 2011 gain for the Standard & Poor’s 500 Index, and Treasuries rallied as Japan’s nuclear crisis worsened. The yen rose to a post-World War II high versus the dollar on speculation investors will buy the currency to fund rebuilding projects.
BusinessWeek.com — Finance
U.K. inflation accelerated to the fastest pace in more than two years in January, forcing Bank of England Governor Mervyn King to explain to the government what will be done to tame price gains.
BusinessWeek.com — Finance
Treasuries tumbled, pushing 10-year yields to the highest since May, as an unexpected drop in the jobless rate and data showing growth by factories and service industries fueled bets the economic recovery is gaining steam.
BusinessWeek.com — Finance
American Express Co., the biggest credit-card issuer by purchases, said fourth-quarter profit increased 48 percent as customer spending set a record and the company trimmed loss reserves.
BusinessWeek.com — Finance
Ally Financial Inc., the lender formerly known as GMAC Inc., said its mortgage unit reached a $ 462 million settlement to resolve potential repurchase claims by Fannie Mae on $ 292 billion in home loans.
BusinessWeek.com — Finance
Gregg Hake, Energetix CEO’s Twice “Freshly-Pressed” Inspirational Reaches 300 Consecutive Daily Posts
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Gregg Hake, Energetix CEO’s Twice “Freshly-Pressed” Inspirational Reaches 300 Consecutive Daily Posts
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CEO of Leading BioEnergetic Medicine Company Offers of Inspiration and Encouragement for Those Seeking an Uncommon Life.
Dahlonega, GA — Gregg Hake, CEO of Energetix Corporation in Dahlonega, Georgia, issues a daily challenge to anyone seeking an uncommon life in his motivational blog http://gregghake.wordpress.com. Hake’s commitment to blogging began with a desire to magnify the blessings he received from others throughout his life, but his greatest delight is to see the intelligent comments from his growing subscriber base.
Touching on a wide range of subjects – from history to fashion to small business to sports – Hake’s blog is certain to stimulate your heart and mind, especially if you are desirous of leaving the world in better condition than you found it.
Gregg Hake is also CEO of several innovative product and service companies, including Energetix Corporation; Anakiri, LLC; The Body Sanctuary, Inc.; and The Spa on Green Street. Gregg is committed to building a team of fine people and a network of caring and successful healthcare practitioners. He is eager to establish a legacy of excellence for his sons and their generation. Working closely with his wife, Melissa, to nurture their growing family and family of businesses, Gregg%u2019s greatest pleasure is spending time with his two sons, Christopher and William. He is also an avid aviator, equestrian and falconer.
A good place to start is with a quick visit to one or both of his “Freshly Pressed” posts, “What Matters More than Your Talents” and “Dress for Success”.
Join the discussion today! http://gregghake.wordpress.com
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U.S. stocks rose for a second week, sending the Standard & Poor’s 500 Index to the highest level since September 2008, as President Barack Obama reached a tax- cut agreement with Republicans, General Electric Co. raised its dividend and consumer confidence topped estimates.
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