Wal-Mart faces broad opposition to bank expansion bid
Washington hearing drew opposition from banking trade groups lawmakers and consumer groups to Wal-Mart Stores bid for federal deposit insurance for a state chartered bank. Wal-Mart officials testified the retailer will not compete with community banks or engage in branch banking while pledging good citizenship and compliance. Regulators questioned but did not reveal their position on the bid.
MENTIONED IN THIS ARTICLE
Washington
Wal-Mart Stores Inc
Federal Deposit Insurance Corp
Wal-Mart
UDIC
Uitlaws
Federal Deposit Insurance
Utah
Colparly
Jane Wal-Mart
Jane Thompson
Wal-Mart Financial Services
Thompson Tols Fdic
John F Bovenzi
Dais Ihan Sunnordin
Wal- Mart
Bush Urges China to Address US Trade Gap
The Bush administration pressed China to do more to reduce the US trade deficit, saying a high $200 billion gap demands action. Top economic policy makers planned a critical meeting, with Hu Jintao’s Washington visit delaying concessions to next week.
MENTIONED IN THIS ARTICLE
Washington
China
Bush
Carlos Gutierres
Rob Portman
Wu Yi
Delegann
Joint Commission On Commerce and Trade
IKEA Beijing store to loom as world’s largest showroom
IKEA prepares for a grand opening in Beijing with a three story, 700 seat restaurant and a display spanning showrooms the size of five football fields. The store aims to become the company’s biggest global outlet as it seeks to boost sales in China amid slowing growth elsewhere.
MENTIONED IN THIS ARTICLE
IKEA
Beijing
China
Stockholm
Ian Duty
Asia
Pacific
TERA
Home Depot Inc
United States
Britain
B&q
Europe
Royal
Humes Orient
Anna Kallfa
Teseeych
Bexing
Jones Leng TaSalle
Alltel landline unit to be renamed Windstream after merger
Windstream will replace Alltel landline branding following the merger with Valor Communications Group of Title Rock Arkansas. Wireless services stay under Alltel name. Billing changes expected later in the summer with letters to customers. The spin off and merger position Windstream as a major provider in 11 states with about 3.4 million access lines and 3.4 billion in annual revenues.
MENTIONED IN THIS ARTICLE
Glykla Alle
Windstream
Alltel
Valor Communications Group
Title Rock, Ark
Vy Ascione
Valor Communications
Ascione
Dee
Alfal
Valor
Fron
Corn exports rise as production falls in USDA forecast
The Agriculture Department projects lower corn production this year while exports rise, lifting price forecasts to 1.95 to 2.05 a bushel. Wheat rice and soy prices hold steady. Corn output seen at 11 billion bushels, down from 11.5 last year, amid delayed spring planting in the Corn Belt.
MENTIONED IN THIS ARTICLE
Washington
Department
Notice of Filing to Acquire Savings Institution and Merger
First Place Financial Corp and its subsidiary First Pace Bank will seek OTS approval to acquire The Nether Savings and Loan Company through a merger with a new intered savings subsidiary. After acquisition and conversion, First Pace will operate all offices. Public comments due 30 days after filing with extensions possible. Written and oral requests for meetings addressed to OTS Jersey City Regional Office and J. Craig Care at First Place.
MENTIONED IN THIS ARTICLE
Fire Place Financial Corp
First Place
East Market Street
Warren
Ohio
First Pace Bank
Federal Savings Association
OTS
Nether Savings and Loan Company
Hyein
Nosthem
Intern Saving Asypeinion
Fira Place
Wudamy Norther
Natthem
First Mace Eau Will
Nurther
Fier Wshon
Noclhiety
Tudor] Savings Association
Conncetion Welth
OFS
Hifi Supervicion
Jersey City
Harborside Financial Center Plaza
Suite 1690
Jersey
Iny
New
Yee
Also Mentioned on This Page
Marcy Gordon
U.S
Martin Cruisinger
Joe McDonald
Alltel Landline
Fits Pace
Ihie Thave
Peden Deposit Insurance Agi
RT Et Re
Ue Biel
Eta of
Gorninod Pleas
Dow Jones Industrials
Revove High
Van
Eng Armen Aia
Abe Ma
Russel
le Gainers
Gamners
Gwiners
Nara
Jamet Lok Hg Cny
hawi_Ghg_ Lohg aa Ducomun
Deel Aconsth
Fiat Pt Vertone
SaucyDant
Jewett
A. Conan
Marre
Ieee
Ted
Nord
Northrop
Sherwin NY
Stoker
Goodrich NY
Teast
Millanradod
Intel
Unis
Walter
Leewien
Brith
Doles
Cer
Rae Cular Foreign Corpenay
Ain
Magan
jAmeriant Fi
Jaren
Capivga
Erguard
Teoenalenal Pet
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