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Anheuser-Busch credit union exec calls out banks on taxes

2014-09-15 20:44:02| Beverages - Topix.net

Dave Osborn , president of the Anheuser-Busch Employees' Credit Union, said complaints from bankers about tax exemptions that credit unions receive are hypocritical because banks receive their own massive tax breaks. "Nearly 40 percent of the banks in Missouri and one-third of banks nationally pay no federal income tax," Osborn said.

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Phones 4u calls in administrators after losing EE contract

2014-09-15 08:41:00| Telecompaper Headlines

(Telecompaper) UK retail chain Phones 4u has gone into public administration and did not open its doors on 15 September. The move follows Vodafone deciding to stop selling through Phones 4u two weeks ago. The Guardian reports that mobile network EE is undestood to have decided to also pull out on 12 September, after talks that week. Phones 4u is owned by BC Partners, which said it would name PwC as administrators for its 720 locations, including 550 stores. Phones 4u has GBP 635 million of debt. BC bought it for GBP 610 million in 2011. Phones 4u said it would continue to pay its 5,600 staff until further notice. Vodafone's Phones 4u contract, which accounts for 20 percent of sales and profit, runs until February next year. EE told the Guardian that the contract would not run beyond September 2015, in line with its strategic focus on indirect channel growth. Phones 4u it still had significant cash in the bank, and was still profitable, with turnover of over GBP 1 billion and GBP 105 million of underlying earnings last year.

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T-Mobile's iPhone Pricing; BlackBerry Eyes Wearables; Viber Gets Video Calls

2014-09-12 18:37:53| PC Magazine Cell Phones Product Guide

From the latest iPhone news to BlackBerry's wearable ambitions, here's what you missed yesterday.

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Arise AB: Arise Calls for Early Redemption of Bond 2012/2015

2014-09-12 08:51:41| Appliances - Topix.net

On 1 September 2014, Arise announced the issuance of a new SEK 350 million bond in order to refinance its outstanding bond 2012/2015 . Therefore, Arise hereby informs that the company has decided to fully redeem Bond 2012/2015 in advance in accordance with the terms and conditions of the bond.

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Viber Adds Video Calls to Mobile

2014-09-11 18:37:30| PC Magazine Software Product Guide

With the latest version of the app, you can now make video calls from your Android or iOS phone.

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