Word: payment
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WANTED: Male, between 22 and 32 years old. Has a penchant for handsome attire, fancy foreign cars, and comes from out of state. He will be looking for isolated property, perhaps even several holdings, and will make the down payment in cash...
...suffered many setbacks, one of the worst being the accident at Three Mile Island. But none is potentially more costly than the financial tragedy unfolding in Washington State. Next week the Washington Public Power Supply System is expected to fail to make a $15.6 million monthly debt-service payment to Chemical Bank on bonds worth $2.25 billion. The securities were issued starting in 1976 to pay for two nuclear power plants that have already been scrapped. A default would likely endanger completion of three other unfinished WPPSS plants on which $6.1 billion is owed. Moreover, the uncertainty that it would...
Banks and savings and loan associations maintain in their defense that it may take several weeks to find out if a check is going to bounce. But critics point out that only 1% of all checks turn out to be no good. They charge that banks are really delaying payment to pad profits...
Banks frequently collect money from checks far faster than they credit it to their customers' accounts. To receive payment for a check, a bank usually sends it to a Federal Reserve branch or some other check-clearing institution. The bank typically receives credit from the Federal Reserve within 24 to 48 hours, even if it takes the Fed longer to collect from the bank on which the check was drawn. After being paid for the check by the Federal Reserve, a bank may wait several days, or in some cases a couple of weeks, before permitting the customer...
...union already has won a two-year "working agreement" from the San Francisco-based leftist monthly Mother Jones. Among the guarantees, which apply to all freelancers, not just N.W.U. members: a $1,000 minimum fee for a feature article; only one rewrite without additional pay; full payment if the magazine accepts the story but drops the subject; notification about major editing. Said Mother Jones Editor Deirdre English: "The union's concerns are legitimate...