Finances2u.com

Earliest tax-filers face a 1-week delay in getting refunds from IRS

admin — Thu, 02 Feb 2012 07:25:59 +0000

Some taxpayers who filed their federal income-tax returns early this year will have to wait a week longer than initially projected to get their refunds. The problem affects taxpayers whose returns were filed before Jan. 26. Taxpayers whose returns were accepted on or after that date won’t be affected, the IRS says.

Beef prices, already near record highs, going up again this year

admin — Thu, 02 Feb 2012 07:25:59 +0000

Beef prices, already at near-record-high prices, are expected to be driven up for the second year in a row this year because of a limited supply of cattle. There were about 91 million head of cattle in the United States as of Jan. 1, according to the U.S. Department of Agriculture. That’s down 2 percent from a year ago — and the lowest level since 1952.

Facebook IPO filing shines a light on company’s finances

admin — Thu, 02 Feb 2012 07:25:58 +0000

Facebook’s IPO would be the largest among Internet companies, eclipsing Google Inc. in 2004 and Netscape Communications in 1995.

Now it’s Facebook’s turn to share.

Obama proposes refinancing plan for underwater homeowners

admin — Thu, 02 Feb 2012 07:25:57 +0000

The president aims to help about 3.5 million people with good credit who are unable to refinance at historically low rates because their homes are worth less than their mortgages.

Distancing himself from Republicans on housing issues, President Obama pitched a $5-billion to $10-billion plan to help a key segment of struggling homeowners — those still making monthly payments, but on underwater mortgages.

In filing, Facebook outlines its vulnerabilities

admin — Thu, 02 Feb 2012 07:25:57 +0000

Facebook’s IPO filing lays out the scenarios that could drive its success into a wall.

If you had 800 million friends, you’d think you’d be worry-free. But Facebook isn’t.

A lucky few will be enriched by Facebook IPO

admin — Thu, 02 Feb 2012 07:25:56 +0000

An estimated 1,000 employees and investors could become instant millionaires when the social network giant goes public.

Stanford University alum Ezra Callahan likes hockey and has 722 Facebook friends. Among them are Sean Parker, Dustin Moskovitz and a college dropout named Mark Zuckerberg.

L.A. County supervisor opposes Universal Studios housing plan

admin — Thu, 02 Feb 2012 07:25:56 +0000

Los Angeles County Supervisor Zev Yaroslavsky says housing at NBCUniversal’s Universal Studios could lead to fewer production jobs on the back lot.

Los Angeles County Supervisor Zev Yaroslavsky shot a torpedo at NBCUniversal’s $3-billion “Evolution Plan,” saying he opposes the company’s proposal to build housing on part of its famous back lot in Universal City.

Honda loses Small Claims Court suit over Civic hybrid fuel economy

admin — Thu, 02 Feb 2012 07:25:55 +0000

A Los Angeles County court commissioner rules that the automaker negligently misled Civic owner Heather Peters when it claimed the hybrid could achieve as much as 50 miles per gallon.

The owner of a Honda Civic hybrid won an unusual Small Claims Court lawsuit Wednesday against the auto giant that some legal experts believe could change strategies for both Small Claims Court and class-action litigation.

Chrysler, other U.S. automakers post strong January numbers

admin — Thu, 02 Feb 2012 07:25:55 +0000

As Chrysler reports its first annual profit in years, other U.S. automakers show their strongest January sales numbers since 2008.

Chrysler Group reported its first annual profit in years, and the U.S. auto industry displayed renewed vigor, posting January sales numbers that were the strongest for the month since 2008.

Costa Concordia cruise ship holds a big job for salvage crews

admin — Fri, 20 Jan 2012 06:19:38 +0000

As workers remove the cruise ship’s fuel — a weeks-long task — Costa Cruises will decide whether to repair the vessel or scrap it for parts.

It’s a disturbing sight: a massive, half-submerged cruise ship, dashed against rocks on an island off the Tuscan coast of Italy.

source: HeadlineTodayNews.com