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Author: Jim Kaine

The Federal Reserve announces new rules to limit Debit Card Fees for Merchants

Posted on June 30, 2011June 30, 2011 by Jim Kaine

Digital News Report – The Federal Reserve Board announced the final rule for the Debit Card Interchange Fees and Routing, which will limit the amount charged for a debit fee transaction. The…

Amazon cuts California Affiliates from Advertising Program

Posted on June 30, 2011June 30, 2011 by Jim Kaine

Digital News Report – On June 29, Amazon, canceled thousands of affiliate advertisers in California from their marketing program. They did this in response to California Governor Jerry Brown signing legislation ABx1…

The Affordable Care Act is Constitutional said 6th Circuit Court of Appeals Judges

Posted on June 29, 2011June 29, 2011 by Jim Kaine

Digital News Report – The 6th Circuit Court of Appeals ruled that the Affordable Care Act is constitutional in the case of Thomas More Law Center versus Obama. This is the first…

Oil futures fall sharply after IEA releases reserves

Posted on June 24, 2011June 24, 2011 by Jim Kaine

Digital News Report – Thursday morning International Energy Agency (IEA) Executive Director Nobuo Tanaka announced that an agreement had been reached between the 28 IEA countries to release 60 million barrels of…

Mortgage Interest Rates stalls for 30-year fixed and increases for 15-year fixed

Posted on June 23, 2011June 23, 2011 by Jim Kaine

Digital News Report – Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) showed that the 30-year fixed interest rate mortgage loans stayed at 4.50 percent from the previous week’s data. However, the 15-year…

Computerworld releases list of ‘100 of the Best Information Technology Jobs for 2011’

Posted on June 21, 2011June 21, 2011 by Jim Kaine

Digital News Report – Computerworld has released their ‘100 Best Places to Work in IT for 2011’ list. It turns out the number one company to work at in the IT department…

IBM is 100 Years Old – Company was created on June 16, 1911

Posted on June 17, 2011June 17, 2011 by Jim Kaine

Digital News Report – IBM (NYSE: IBM) is celebrating their 100th anniversary since the company was founded on June 16, 2011. They got to ring the Opening Bell at the New York…

Stocks Tumble on Greek Worries

Posted on June 15, 2011June 16, 2011 by Jim Kaine

Digital News Report – The Dow Jones Industrial Average (DJIA) fell more than 178 points to 11,897.27 today. Stock prices fell six weeks in a row, and if this week ends lower,…

Has Facebook Peaked?

Posted on June 14, 2011June 13, 2011 by Jim Kaine

Digital News Report – As the social networking site approaches 700 million users, there may be a pothole in the road for Facebook. A report found that the growth rate of new…

Joplin Missouri Tornado death toll rises to 132

Posted on May 27, 2011May 27, 2011 by Jim Kaine

Digital News Report – The EF5 tornado that hit Joplin Missouri on Sunday has killed 132 people, making it the single deadliest tornado since 1947. Today Governor Jay Nixon instructed staff to…

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