1 of 2. Nokia’s Chief Executive Stephen Elop , Chairman of the Board Jorma Ollila , and Vice Chairman Dame Marjorie Scardino take part in the 2011 Nokia Annual General Meeting in Helsinki, in this May 3, 2011 file photo.
Credit: Reuters/Jussi Nukari
In the Boardroom: Twitter, Scardino and the gender question
Women and corporate boards
SAN FRANCISCO – At Pinterest, the four-year-old online bulletin board service that is valued near $3.8 billion, some 70 percent of the users are female.
Personal Finance is more or less like the game of Candy Crush. Those who have been too much engrossed in their Facebook profiles or have been anywhere near their Android or iOS machines, probably have been playing or have seen someone playing this crazily addictive game. Now, most people would be wondering the connection between Candy Crush and personal finance.
In Candy Crush, one proceeds to the later stages without losing a single life, only to find a seemingly easy stage turning into a challenging affair. The players are left with no option but to stick at that level for days or even weeks. Life is no different. People can hum along comfortably for days, weeks, months or years, leading an easy going life, only to find something stopping them from proceeding on the same track. This something often comes from nowhere and holds the capability of making life challenging.
Several ads on different media like newspapers, the internet, radio and television all pertain to the various quick loan options, inclusive of payday loans, check advance loans, cash advance loans, deferred deposit loans, or post-dated check loans. However, the consumer protection agency of the nation, Federal Trade Commission, reports that without regard to the difference in the names of these loans, all of these are basically short term, smaller loan for bad credit offered by financial organizations and check cashers at very high rates.
At present, there are over 22,000 payday loan stores all across the nation, as reported by the Consumer Federation of America located in Washington, D.C. Though payday loans are being offered widely, opting for a payday loan is not necessarily the best choice for a borrower. Experts say that a payday loan does not actually solve an individual’s financial crisis, but only creates one. T Read more…
The central bank said bitcoins did not qualify as a currency but private individuals still are allowed to trade them at their own risk.
Bitcoins are created, distributed, and authenticated independently of any bank or government. Their relative anonymity holds out the promise of being able to spend money across the Internet without scrutiny.
“Bitcoins are virtual goods that have no legal status or monetary equivalent and should not be used as currency,” said a Chinese central bank statement.
It said financial institutions and payment systems were not allowed use bitcoin prices for products and could not sell, trade or store bitcoins.
“Ordinary people are free to participate in transactions at their own risk,” the central bank said.
Despite wild swings in value, the virtual currency has been moving toward broader acceptance. A growing number of companies accept bitcoins, which can be converted into cash.
Last month, the biggest private university in Cyprus said it would accept bitcoins for tuition.
My daughter recently turned 15, and one of the first things she did on her birthday was to take an online test required to get her learner’s permit. She passed, and now she’s driving. I don’t have to lecture her on safe driving habits; she’s been doing that to me for years. And she’s more up to speed on the rules of the road than I am.
But what I do have to explain is how driving may affect her credit in the future. They don’t teach that in Driver’s Ed, and it’s something most of us don’t think about until it affects us.
Here are four ways that driving can have significant, long-term impact on your credit.
1. Tickets & Fines
If you get a ticket for a traffic or parking violation, it shouldn’t show up on your credit reports. But if you don’t pay the fines that result, the balance may be turned over to a collection agency, and that collection account may very well show up on your credit reports. Collection accounts,
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Earlier this year Springwise wrote about the Smuggler suit, which blocks the potentially harmful electromagnetic waves that are emitted from the devices businesspeople use almost constantly each day. Protecting workers from an altogether rarer occurrence, Toronto-based Garrison Bespoke has created The Bulletproof Suit.
The business — which offers premium bespoke suits for the distinctly upper end of the market — often caters for customers who work in the oil and diamond extraction industry. These jobs can often involve traveling into countries to meet new business associates and developers, where there may be threats such as civil unrest or terrorist activity. The Bulletproof Suit takes the same core material — made of carbon nanotubes — that can be found inside police and army-standard jackets and places it in the lining of the clothing, which otherwise looks like a standard pinstripe three-piece suit. Accordi