Restore Act critical in helping Gulf Coast (National Wildlife Federation)
According to some estimates, BP could face as much as $20 billion in fines from the Clean Water Act for its responsibility in the Gulf oil disaster of 2010. Environmental advocates and organizations say the proposed RESTORE Act is essential to put fine money directly to work in restoring the Gulf Coast. The RESTORE Act (Resources and Ecosystems Sustainability, Tourist Opportunity and Revived Economics of the Gulf States Act of 2011) will invest 80 percent of fines by BP and other parties directly in areas affects by the disaster. The legislation is supported by a number of organizations including NWF, Environmental Defense ...
Inflation makes big incomes smaller (Yahoo Finance)
One hundred thousand dollars. Since the 1980s, the magical "six-figure" salary has been a benchmark for financial success. Not too long ago, that income often meant two nice cars in the garage of a large house, fun family vacations and plenty of money left over to save for retirement and college tuition. But times have changed. Not only has standard inflation steadily eroded the real value of a $100,000 income, but the cost, of housing, health insurance and college tuition have risen dramatically in recent years. Consider the rising costs of food, energy and the necessities of a middle class life, ...
From Prison Bars to Business Stars (Portfolio.com)
Portfolio.com -- The Prison Entrepreneurship Program in Texas transforms convicted felons into successful business owners by turning their criminal entrepreneurial aspirations to legal industries. When you hit the streets after an eight-year stretch in prison and find no one wants to hire you, there isn't much to lose in starting your own business. Cedric Hornbuckle did just that in 2008 when he founded Houston-based moving company Moved by Love after serving eight years of a 12-year sentence for drug distribution. Hornbuckle was 16 when he first went to jail. During his latest stint, officials moved him around from unit to unit for fighting, ...
As the oil creeps closer (CNNMoney.com)
Just 11 miles off the Mississippi coast, Ship Island is home to some of the most beautiful waters and beaches in the state. Ship Island Excursions has been transporting visitors there since 1926: The family-owned and operated company shuttles more than 30,000 people each year to the island. Captain Louis Skrmetta, the company's president, says that that the oil spill has the potential to both destroy a natural treasure and shut down his business. "Our summer season starts May 15, and we're coming into our busiest time of the year," he says. "Right now, we're just in a wait-and-see mode. No ...
Gulf oil hits land and wildlife (Nationalgeographic.com)
Louisiana's coast serves as a winter resting spot for more than 70 percent of the country's waterfowl, and the region is used by more than a hundred tropical migratory birds, said Melanie Driscoll, director of bird conservation for the National Audubon Society's Louisiana Coastal Initiative. (See waterbird pictures.) Officials with the joint federal-industry team responding to the rig accident said that more than 217,000 feet (66,142 meters) of containment booms have been deployed to try to keep the oil slick from reaching the ecologically sensitive area. Wildlife workers are also firing loud cannons to "haze" birds from the water's edge. CLICK HERE ...
Super Bowl sparks sales surge in New Orleans (CNNMoney.com)
NEW ORLEANS (CNNMoney.com) -- Saints fans have waited more than four decades for their team to get a taste of glory. When kicker Garrett Hartley made a 40-yard field goal to secure the Saints' first trip to the Super Bowl, it proved to be a win not just for the team but for New Orleans' businesses. Hotels, retailers, grocers and other merchants have noticed a rise in sales with every passing Saints victory. Tommy Cvitanovich, owner of Dragos Seafood Restaurant, recently booked his second-highest sales day in 40 years. When the Saints faced the Cardinals on January 16 for a spot ...
Articles and Features
Foolproof your disaster plan (Multifamily Housing)As we enter the summer hurricane season, emergency preparedness experts say many property management companies need to pay close attention... [Read more]
Check your insurance coverage as hurricane season arrives (HSH.com)
As we near the most active part of the Atlantic hurricane season, homeowners in coastal areas should take a closer look at their insurance... [Read more]
The financial impact of divorce (Mintlife.com)
Divorce is not only an emotionally trying experience, but it can be a financially devastating one, as well. According to the web site... [Read more]
Max out your FSA before year’s end (Mintlife.com)
Flexible spending accounts, also known as FSAs, are popular benefits provided by employers that allow workers to set aside money to... [Read more]
Most funds underperforming indexes, S&P study says (Better Investing Magazine)
The ongoing debate of index vs. active investing may never be settled, but research shows that passive investing is a sound strategy.... [Read more]
Read More Articles and Features
Featured
Restore Act critical in helping Gulf Coast (National Wildlife Federation)According to some estimates, BP could face as much as $20 billion in fines from the Clean Water Act for its responsibility in the Gulf... Read More
Inflation makes big incomes smaller (Yahoo Finance)
One hundred thousand dollars. Since the 1980s, the magical “six-figure” salary has been a benchmark for financial success.... Read More
From Prison Bars to Business Stars (Portfolio.com)
Portfolio.com — The Prison Entrepreneurship Program in Texas transforms convicted felons into successful business owners by turning... Read More
As the oil creeps closer (CNNMoney.com)
Just 11 miles off the Mississippi coast, Ship Island is home to some of the most beautiful waters and beaches in the state. Ship... Read More
Gulf oil hits land and wildlife (Nationalgeographic.com)
Louisiana’s coast serves as a winter resting spot for more than 70 percent of the country’s waterfowl, and the region is... Read More
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