March 28, 2015 |
Two days after Atlantic City's state-appointed emergency-management team released its first report, Moody's credit-rating agency gave the city another of its patented thumbs-downs, warning of a possible default. And Standard & Poor's said it was reviewing its rating on Atlantic City's bonds, based on the report's holding open the possibility of the city delaying debt service payments. Moody's pelted the city back in January with a six-step credit downgrade after Gov. Christie appointed Kevin Lavin, a corporate restructuring expert, and Kevyn Orr, the man who steered Detroit through its bankruptcy, to take on Atlantic City's enormous fiscal hole.
March 18, 2015 |
Demi's bf: A life-saver Sometimes, a boyfriend isn't just a bf. Sometimes, he's a lifesaver. That's how the fine-featured waif Demi Lovato describes Wilmer Valderrama . "I wish I could put into words how grateful I am for this man right here," Demi, 22, said of Wilmer on Sunday on Instagram. The occasion: It's the third anniversary of her sobriety. Demi, who also has struggled with eating disorders, credits Wilmer with keeping her sane and alive. "My love has grown to a level that words could never possibly express how much this man completes me," she wrote.
March 5, 2015 |
Standard & Poor's Ratings Services boosted Holy Redeemer Health System's credit rating by two notches, from the lowest investment-grade rating of "BBB-" to "BBB+. " The new rating was prompted by new credit rating criteria published by Standand & Poor's in December. Holy Redeemer received more credit for its relatively strong balance sheet - reflected in its strong cash position and its relatively low ratio of unrestricted assets to long-term debt - than it did under the old system.
February 10, 2015 |
Anthony Caso has 15 years of experience in law enforcement, but no college degree. At 42, the East Norriton Township detective noticed that younger, better-educated officers were joining the force and his contemporaries were going back to school. Jean Cahill, 50, of Brookhaven, likes working with breast cancer patients at Delaware County Memorial Hospital as a licensed practical nurse, but where she wants to go requires a nursing degree. Mher Vartanian, 20, of Lansdale, dug "Disney College" in Orlando, where he learned management and communication skills, but hated to lose time toward his associate's degree.
January 24, 2015 |
Michele Brown, a longtime ally of Gov. Christie and chief of the state agency that has approved hundreds of millions of dollars in tax incentives for corporations in recent years, is leaving her post to head a nonprofit economic-development group. The group, Choose New Jersey, has helped pay for Christie's trade missions to Mexico and Canada in recent months, and says it will play a role in the Republican governor's trip to London in February. Since it launched after Christie took office in 2010, the group says, it has received pledges of $12 million from an array of businesses, labor groups, and educational institutions to promote economic development in New Jersey.
January 22, 2015 |
In an era of increasingly grotesque wealth concentration and stubborn wage stagnation, shifting the federal tax burden from the middle toward the highest incomes shouldn't be as controversial as it is. Nevertheless, the proposal President Obama put forward in his State of the Union address Tuesday, which would raise taxes on investments by hundreds of billions of dollars to fund credits for families of more modest means, is the Democratic counterpoint to...
January 18, 2015 |
Chicago resident Keith Santangelo has filed a federal lawsuit against Comcast, claiming that the company took a $50 deposit in lieu of a credit check when he signed up for Internet service but then did a credit check on him anyway. The suit claims the company's action violated the Fair Credit Reporting Act and seeks class action status. Comcast had no comment on the pending litigation. A Comcast spokeswoman says that its policy is to take a deposit, typically $50, when a person declines to allow a credit check.
January 3, 2015 |
The two uniformed police officers were walking through Camden's Liberty Park neighborhood late Wednesday afternoon when residents urgently flagged them down. A house was on fire, with children trapped inside. Sean McMahon and Aaron Roselli, officers in the Camden County Police Department, ran to the house on the 800 block of Atlantic Avenue, where neighbors were breaking windows and trying to get upstairs. "The smoke was extremely thick," McMahon said. "It was overwhelming. " A mother and her young son and daughter would ultimately be saved by officers, who helped them jump from the burning home, police said Thursday at a news conference.
December 29, 2014 |
Credit scores have become all-important to financial well-being - well, at least to whether someone will give you a mortgage. They reflect creditworthiness and are based on credit reports, which indicate whether you pay your bills on time. Lenders use someone's credit score to decide whether to lend that person money and at what interest rate. Credit scores also are used for screening insurance and other applications. In the heady years leading up to the collapse of the housing market, it became obvious that people with credit scores that weren't very good were being given mortgages that they would never be able to repay.
December 28, 2014 |
A ccording to Amy Adams (presumably a reliable source in this matter), octogenarian artist Margaret Keane had never heard of the actress when approached last year and asked, "Are you OK with Amy Adams playing you?" "She was like, 'Who's Amy Adams?' " the five-time Oscar nominee recounts with a chuckle. "But she went and did her research and watched some films, and so I ultimately got the seal of approval, which is good. " Very good. Two weeks ago, Adams made the list of best-actress nominees for a Golden Globe (in a musical or comedy)