Finance & Economy

Catholic Church, warning of violence, proposes ‘central world bank’ to solve global financial injustices & promote peace

On October 26, 2011, in Faith & Spiritual, Finance & Economy, by Rusty Ray, Executive Editor

Listen to preview: The Roman Catholic Church, one of the richest and most influential religious institutions in the world, on Monday proposed the creation of a “new world economic order,” a central world bank and a UN-style global political authority that would serve all nations for the common good. READ THE VATICAN COUNCIL [...]

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Protesters “Occupy Cincinnati” over corporate greed & corruption in the shadows of Kroger, Chiquita, and PNC Bank headquarters

On October 8, 2011, in Finance & Economy, Gov't & Politics, by Rusty Ray, Executive Editor

Listen to Big 3 News Editor Rusty Ray on Cincinnati’s 700 WLW Radio – Doc Thompson‘s Show – 10/11/11: A grassroots group that claims to represent 99% of Americans gathered on Saturday in the heart of Cincinnati, Ohio’s business district to protest corporate greed and corruption. More than 400 supporters of “Occupy Cincinnati” converged [...]

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Powerball to create ten new millionaires every week

On August 14, 2011, in Finance & Economy, by Rusty Ray, Executive Editor

(Editor’s note: The follow article was submitted by Rick, aka face1m, as part of our continuing lottery coverage) New powerball rules coming January 15, 2012 promise to create, on average, ten new millionaires per week, according to the Multi-State Lottery Association (MSLA). This is not counting jackpots. The new rules will reduce the number of powerball numbers [...]

S&P lowers America’s long-term credit rating to AA+, outlook remains negative

On August 5, 2011, in Finance & Economy, by Rusty Ray, Executive Editor

Standard & Poor’s, one of three major independent providers of credit ratings, announced Friday night that the long-term credit rating of the United States has been downgraded to AA+. The U.S. government has maintained a sterling AAA credit rating for 7o years, and despite the action taken by S&P, still has such a rating with [...]

Iowa lottery sales double and triple

On July 10, 2011, in Finance & Economy, by Rusty Ray, Executive Editor

(Editor’s note: The follow article was submitted by Rick (aka face1m from blogTV) A state wide shut down in Minnesota closes all lottery terminals and suspends all sales and redemption of lottery tickets until further notice. This includes, all scratch off, Hot Lotto, Powerball, and Mega Millions lottery tickets. State offices have been closed since [...]

S&P negative: One-in-three likelihood U.S. could lose AAA credit rating within two years

On April 18, 2011, in Finance & Economy, by Rusty Ray, Executive Editor

An analyst with Standard & Poor’s Ratings Services said on Monday that despite the U.S. dollar’s preeminent place among world currencies, unless policymakers agree on solutions to immediate fiscal challenges, the nation could lose its ‘AAA’ credit rating.

As a result of the U.S.’ mounting debt and deficit problems, S&P revised its outlook on the long-term credit rating from stable to negative…

Wal-mart workers claim retailer’s “unchecked discretion” to store managers for pay and promotion opportunities creates gender bias

On March 30, 2011, in Finance & Economy, Legal, by Rusty Ray, Executive Editor

A class action lawsuit filed by six women against retail giant Wal-Mart alleges the company created a culture of gender bias by more than 500 managers in thousands of stores across America.

The United States Supreme Court on Tuesday heard oral arguments from attorneys representing the women and Wal-Mart…

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"Thank you for suing us": Taco Bell turns beef lawsuit into public relations offensive

On January 30, 2011, in Finance & Economy, Legal, by Rusty Ray, Executive Editor

A class action lawsuit filed on Jan. 19 against the fast-food chain Taco Bell alleges that the company is misleading consumers by advertising its restaurants serve “seasoned ground beef” on its menu selections.

Instead, the lawsuit claims, a substantial amount of filling contains substances other than beef.

The 18-page document was filed in the United States District Court’s Central District of California on behalf of plaintiff Amanda Obney and other consumers…