Financial
Gambler sues, says he lost $500,000 playing drunk PDF  | Print |  E-mail
Written by HANNAH DREIER, Associated Press   
Thursday, 06 March 2014 07:06

LAS VEGAS (AP) — A businessman who lost $500,000 on table games at a Las Vegas casino on Super Bowl weekend is arguing that he shouldn't have to pay because he was blackout drunk.

Southern California gambler Mark Johnston, 52, is suing the Downtown Grand for loaning him money and serving him drinks when he was visibly intoxicated.

Nevada law bars casinos from allowing obviously drunk patrons to gamble and from serving them comped drinks.

Johnston's attorney, Sean Lyttle, says the Grand, which opened last November in the old part of Las Vegas, intends to pursue Johnston for trying to shirk his gambling debts. Johnston put a stop-payment order on the markers, or casino credits, the Grand issued, and is also seeking damages from the Grand for sullying his name.

Johnston says he was thoroughly drunk during the hours he spent playing pai gow and blackjack at the Grand. His legal team plans to rely on eyewitness testimony and surveillance video to prove that he was visibly intoxicated.

Read more...
 
Target tech chief resigns as it overhauls security PDF  | Print |  E-mail
Written by ANNE D'INNOCENZIO, AP Retail Writer   
Wednesday, 05 March 2014 10:55

NEW YORK (AP) — Target Corp. Chief Information Officer Beth Jacob is resigning effective Wednesday as the retailer overhauls its information security and compliance division in the wake of a massive pre-Christmas data breach.

Target Chairman, President and CEO Gregg Steinhafel said in a statement released to The Associated Press that the company will search for an interim chief information officer who can help guide the company through the transformation.

Jacob had been in her current role since 2008 and oversaw teams in the U.S. and India.

Target disclosed on Dec. 19 that the data breach compromised 40 million credit and debit card accounts between Nov. 27 and Dec. 15. Then on Jan. 10 it said hackers also stole personal information — including names, phone numbers as well as email and mailing addresses — from as many as 70 million customers.

Read more...
 
Survey: Cost a growing factor in college decisions PDF  | Print |  E-mail
Written by LISA LEFF, Associated Press   
Thursday, 06 March 2014 06:58

SAN FRANCISCO (AP) — A new survey of the nation's college freshmen has found that the percentage attending their first-choice school has reached its lowest level in almost four decades, as cost and the availability of financial aid have come to play an influential role in decisions of where to enroll.

The annual survey released Wednesday, conducted by UCLA's Higher Education Research Institute, found that while more than three-quarters of those who started college last fall were admitted to the school they most wanted to attend, only 57 percent ended up going to their top school. That was the lowest rate in the 39 years that the institute has asked first-time freshmen if they enrolled at their dream college.

Kevin Eagan, the institute's interim managing director and an assistant professor at UCLA, said the cost of attending college appears to be largely responsible for the decline. A record 46 percent of students reported that cost was a very important factor in where they ended up, compared with 31 percent nine years ago. Meanwhile, the share of respondents who said being offered financial aid was a crucial factor in the decision to enroll at their current campus reached 49 percent — an all-time high.

"The difficult financial decisions that students and their families have to make about college are becoming more evidence," Eagan said. "Colleges that can reduce net costs to families are gaining an edge in attracting students."

Read more...
 
Survey: U.S. companies add 139,000 jobs in February PDF  | Print |  E-mail
Written by CHRISTOPHER S. RUGABER, AP Economics Writer   
Wednesday, 05 March 2014 10:48

WASHINGTON (AP) — A private survey shows that U.S. companies added slightly more jobs in February than in the previous month, but harsh winter weather weighed on hiring for the third straight month.

Payroll processor ADP said Wednesday that businesses added 139,000 jobs last month, up from only 127,000 in January. But January's figure was revised sharply lower from an original estimate of 175,000.

The data suggests that the government's jobs report for February, to be released Friday, will show only modest gains. Economists forecast it will show that employers added 145,000 jobs in February. That is below the average gains of nearly 205,000 jobs a month in the first 11 months of last year.

The ADP numbers cover only private businesses and often diverge from the government's more comprehensive report. In January and December its initial figures were much higher than the official count. The Labor Department said employers added 113,000 jobs in January and just 75,000 in December.

Read more...
 
<< Start < Prev 71 72 73 74 75 76 77 78 79 80 Next > End >>

Page 74 of 216