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Capital reforms do not work for small banks: New York regulator
New York's top state bank regulator called on Washington on Monday to spare community banks from the most complex parts of new rules requiring more capital to withstand financial shocks.
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2014 Corvette on Sales Jan. 13, Chevrolet Reveals New Logo
The 2014 Corvette sports car will debut on Jan. 13 during press previews for the Detroit auto show, Chevrolet announced Friday.
Kroeger Stops Selling Bean and Alfalafa Sprouts, Considered Too Dangerous For Consumers
Kroger, the nation's largest supermarket chain, announced Friday it will stop selling bean and alfalfa sprouts on because of their "potential food safety risk." It joins retail giant Walmart, which quietly stopped selling the sprouts in 2010.
'Binders Full of Women' Turns Into Online Media Frenzy
Mitt Romney drew some unwelcomed attention during the presidential debate Tuesday night when he said that as governor of Massachusetts, he was so disappointed at the low numbers of women serving in the cabinet that he sent out for "binders full of women."
Hyatt Announces Plans for a Hyatt Regency Hotel in Colombo
Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a management agreement with Sinolanka Hotels and Spa Private Limited for a Hyatt Regency hotel in Colombo, Sri Lanka. Hyatt Regency Colombo will be the first Hyatt-branded hotel in Sri Lanka.
Wendy’s Names VML as Digital Agency of Record
Wendy's has named VML as its digital agency of record. Based in Kansas City, VML was selected from a group of five agencies that participated in the review process.
Hertz On Demand Expands In Boston
The Hertz Corporation today announced the expansion of its car sharing program Hertz On Demand with four new locations at Northeastern University in Boston, MA. The service is a pay-as-you-go system without an annual fee, providing University faculty, staff, students and all Hertz On Demand members with 24/7 access to vehicles strategically located throughout the campus.
Nutcracker Jack Marches into Jack in the Box for Holiday Fundraiser
Jack in the Box restaurants today launched a holiday fundraiser benefiting Big Brothers Big Sisters. For just $1, plus tax, guests may purchase a limited-edition Nutcracker Jack ornament with net proceeds benefiting the youth-mentoring organization. (Available at participating Jack in the Box restaurants while supplies last.)
McDonald's sales growth cools, chilled by competition
McDonald's Corp posted its worst quarterly restaurant sales growth performance in nine years on Friday, lifting the curtain on the fast-food industry's ruthless fight for customers in a weak economy.