Word: payment
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...that day was especially intense, remembers Mohamed. (He asks that his real name not be used because his company is in financial difficulty and he may leave the country.) Helicopters circled the event "as if David Beckham had arrived at the airport," he says. Inside, Mohamed put a down payment on an apartment, walked out the door, and sold the unit to a Russian man on the street for double his purchase price. The man paid cash. In just 20 minutes Mohamed had made $408,000. The lesson: "In Dubai, you can throw your ethics and economics textbooks right...
...issues on the table, Russian President Dmitri Medvedev made the point exceedingly clear. "The Russian Federation has not given any assurances and will not give any," he said after requests from the European side that the January gas crisis - when Russia cut off supplies to Ukraine for over a payment dispute - not be repeated. Although smiles abounded and the talks were held at the Musical Comedy Theatre, just off Khabarovsk's main Karl Marx Prospekt, the tone was one of disagreement. (See pictures of Russians celebrating Victory...
...Technology that is already fairly old allows credit card companies to keep tabs on what customers are doing with their money, which includes where they shop, what they spend, and whether they pay their bills for other credit cards, their car payments, and mortgages. The Senate recently passed a "Credit Card Holders Bill of Rights" that will make it more difficult for lenders to take personal financial information and decrease people's credit lines or raise their interest rates. The Bill of Rights will make most of the payment tracking software useless. The banks that bought it will have...
...government is going to be asked to do much more than set up guidelines for what credit agencies can share about people's spending and payment habits. It is not clear that it is legal or moral to fire someone because the odds are high that the person might quit. But, if a company can determine accurately that there is a 99% chance that someone will leave, why shouldn't it be able to fire the person and begin the process of finding a replacement? There is no reason that the employer should be burdened by waiting...
Faced with advertisers’ reluctance to open their pocketbooks, Harvard student publications have sought payment of a different kind...