Regulators adopt sweeping new credit card rules
Federal regulators approved broad limits on credit card practices to curb arbitrary rate hikes and balance-based penalties. The rules, effective July 2010, ban rate increases on existing balances and require 45 days notice for term changes, while restricting allocation of payments to lower-rate balances. Banks warn of higher costs and access concerns for subprime borrowers, with major issuers named and Sen. Levin praising only partial protections.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Treasury Department
Office of Thrift Supervision
National Credit Union Administration
Fed
Ben Bernanke
Morrison & Foerster
Las Vegas hit by record December snowfall and travel disruption
Las Vegas endured a record December snowfall totaling 3.6 inches at McCarran International Airport. The storm snarled travel across Nevada and parts of California and Arizona, closed Clark County schools for a rare snow day, and toppled a carport on the Strip while flights resumed after cancellations.
MENTIONED IN THIS ARTICLE
Las Vegas
McCarran International
Nevada
California
Arizona
Whoville
Calen Weiss
Cajon Pass
Los Angeles
Interstate 15
Nevada Line
Washington State
Seattle
Spokane
Henderson
Clark County
Michael Rodriguez
McGarran
Jerry Pascual
Washington
Egyptian student sentenced over bomb making video
Ahmed Abdellatif Sherif Mohamed, an Egyptian college student, was sentenced to 15 years in federal prison after pleading guilty to providing material support to terrorists. The case stemmed from a YouTube video showing how to build a remote detonator found on his laptop during a traffic stop in South Carolina. Co-defendant Youssef Samir Megahed awaits trial on explosives transport charges. Prosecutors say the pair carried bomb making ingredients in their trunk, while they claim they were only handling fireworks.
MENTIONED IN THIS ARTICLE
AMPA
Fla
Ahmed Abdellatif Sherif Mohamed
University of South Florida
South Carolina
Mohamed
Ter
Rorists
Youssef Samir Megahed
Lamar University student charged over graduation threat in email
Lamar University doctoral student Daniel Ogwoka Siringi, 34, was arraigned on a third degree felony for allegedly emailing a threat to disrupt Saturday's commencement. He denies involvement, while federal charges may follow for using a cross state line communication system. No weapons were found and officials compare the threat to Virginia Tech.
MENTIONED IN THIS ARTICLE
Beaumont, Texas
Lamar University
Daniel Ogwoka Siringi
Beaumont
David Byars
Siringi
Southeastern Texas School
Bruce Hoffer
U.S
Sirings
Hoffer
Jefferson County
Tom Maness
Kfdm-Tv
Virginia Tech
Maness
Clinton Foundation donors span nations and industries
Records show donors from Saudi Arabia, Norway, India and other governments gave at least 46 million, with billions from corporations and celebrities backing the William J. Clinton Foundation. The disclosures include Blackwater and Yahoo, plus stars like Streisand and Spielberg. The foundation reported 492 million in total contributions and published donor names on its site, with fewer than 3,000 foreigners among them.
MENTIONED IN THIS ARTICLE
Saudi Arabia
Norway
India
Clinton Foundation
Washington
Bill Clinton
U.S
Hillary Rodham Clinton
Blackwater Security
Iraq
Yahoo
Clinton
Barbra Streisand
Steven Spielberg
Paul Newman
Carly Simon
Chevy Chase
New York Yankees
George Steinbrenner
Michael Schumacher
Indiana Pacers
William J. Clinton
Little Rock
Ark
Barack Obama
Hillary Clinton
Nursing homes face mixed reaction to new five star ratings
About 22 percent of nearly 16 000 nursing homes earned the lowest one star while 12 percent received the top five star ranking under a new federal five star system. The ratings rely on state inspections staffing and quality measures with quarterly updates. Industry leaders critics say the plan is premature and flawed though consumer groups welcome the transparency.
MENTIONED IN THIS ARTICLE
Washington
Kerry Weems
Centers For Medicare and Medicaid Services
Weems
Sen
Herb Kohl
Dwis
Larry Minnix
American Association of Homes and Services For the
Alice H. Hecht
National Citizens’ Coalition For Nursing Home Reform
Medicare
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Discover Financial Services LLC
Bank of America Corp
Citigroup Inc
Jpmorgan Chase & Co
Capital One Financial Corp
American Express Co
Hsbc Holdings
Carl Levin
D-Mich
Sin City
Vegas
Nursing