Banking industry
Bil Mar Foods, a unit of Sara Lee Corp., has issued a massive food recall of nearly 15,000 pounds of turkey franks distributed in 13 states after discovering elevated moisture levels in some of the meat packages. The recall, voluntarily issued by the company, affects 4,856 three-pound packages
Banking industry
The tax reform debate in Australia has taken a dramatic turn as a high-ranking Labor official, Mr Bernie Fraser, accused the Prime Minister, Mr John Howard, and the Treasurer, Mr Peter Costello, of lying about Labor's stance on tax. The row centers around a report on tax reform
Banking industry
Intuit, the leading financial software company, has introduced a new online service that provides automatic payroll and direct deposit management to users of QuickBooks, its popular small business accounting software. The QuickBooks Online Payroll Service is designed to simplify the complex process of payroll tax filings, tax payments, W2 processing,
Banking industry
Star Banc Corporation, a $17 billion multi-state bank holding company, has been recognized as the number one stock in the U.S. in the category of "Defensive Stocks" by CNBC's Top 100 Labor Day program. This exceptional ranking was based on a set of rigorous criteria
Banking industry
Bank of America has joined forces with @Home Network, a leading provider of broadband internet services, to create a groundbreaking online marketing program. This initiative aims to leverage the capabilities of the broadband network to develop and test rich-media advertising campaigns. The program, which also includes six other major consumer
Banking industry
Great American Bancorp, the holding company for First Federal Savings Bank of Champaign-Urbana, has announced that its Board of Directors has authorized the repurchase of up to 151,076 shares of its common stock, representing ten percent of the company's outstanding shares. This move is aimed at reducing
Banking industry
Camden National Corporation, a leading mid-sized banking company, has announced a 3 for 1 stock split, subject to shareholder approval, which will be voted on at a Special Shareholders' Meeting scheduled for November 9, 1998. The stock split aims to improve the liquidity of the company's stock
Banking industry
HA-LO Industries, a distributor of promotional and premium advertising products, has made a strategic move by acquiring Lipson Alport Glass & Associates, an independent brand identity and package design firm with a client roster that includes numerous Fortune 500 firms. The acquisition is expected to combine complementary operations, leveraging HA-LO&
Banking industry
Chicago's largest banks are preparing to introduce a new program that requires consumers to provide thumbprints when cashing checks at banks other than their own. This widely used but controversial practice, developed by Texas banks in 1995 and implemented in 36 states, aims to prevent check forgeries. Banks
Banking industry
Cornerstone Bank, a well-established institution in Stamford, Connecticut, has taken a significant step in its organizational structure by forming a holding company, Cornerstone Bancorp Inc. The move, announced by President Norman H. Reader on August 20, 1998, aims to provide flexibility for the bank's future financial and competitive
Banking industry
Columbia Pipe and Supply Company, a Chicago-based supplier of pipe and related products, has partnered with Northern Trust Retirement Consulting (NTRC) to develop employee investment education materials for their defined contribution plan. The move aims to enhance employee understanding and participation in the plan, which currently holds $20.6 million
Banking industry
NationsBank's $100 million commitment to downtown St. Louis development has been a game-changer for the city. The bank's direct investment in the Cupples Station Warehouse project, led by developer Richard Baron, has ensured the preservation of a historic warehouse district and brought together a $200 million
