Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/275801712?client_source=feed&format=rss
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Thursday, January 10, 2013
SiriusXM expects 2013 revenue to exceed $3.7 billion
It's been almost five years since AIG's stock dropped 60 percent in a day leaving the company doomed to failure, when Uncle Sam swooped in with $182 billion to rescue it. But AIG must have a short memory, because on Monday night news emerged that the insurance company is actually thinking about suing the U.S. government over the bailout that saved it. The board will discuss the idea with shareholders at a meeting on Wednesday.
Source: http://news.yahoo.com/siriusxm-expects-2013-revenue-exceed-3-7-billion-162224253--finance.html
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Marcia Pevey Lawyer: Helps Put Up a Good Estate Plan | National ...
Estate has always been a tricky and complicated business to get in. All legalities and requirements should be met so both parties could settle without difficulties in ownership. Estate planning eases the disposal of property process of a deceased person or also known as probate, and to possibly reduce taxes and other dues.? When it comes to estate planning, no other person knows better but a good estate planning lawyer. Marcia Pevey Attorney from Houston has been practicing estate planning since 1992.? That is 19 years? worth of experience and something to be considered as reputable.
Estate planning revolves around property and tax, which means legal papers such as will; trusts; beneficiary designations, powers of appointment, property ownership, and power of attorney are all taken in the process. These are called devices which helps decide as to how the ownership, disposal and tax payments are considered. Marcia Pevey Lawyer?s area of practice is not estate planning alone. She also handles probate, wills and trusts, as well as CPS Representation. This means, when it comes to estate planning, she can be considered an all-in-one attorney. She can be there from the very first step of the process to eliminate the need of involving other people. She can handle every legal papers needed to easily settle matters in the future.
Why is estate planning important? The fruit of people?s labor are their investments, which mostly involve trusts, estates and other properties. As you ensure the stability of your investments while you are able, you should also think about their safety when the time comes you are no longer capable of handling them yourself. And this is where Marcia Pevey?s professional service comes in. Creating devices to make sure every property will be in scope and are given to a specific and identifiable beneficiary.
A good estate planning lawyer will advise you to create a living will. A living will enclosed information as to how you want to be medicated in case you will be hospitalized or incapacitated. This will inform your doctors, health care providers and your family of your conditions. Other basic documents such as living trust, power of attorney and last will and testament are also important. And as an experience lawyer in estate planning, Marcia Pevey knows how to get them dome for the convenience of her clients.
The law as a whole is complicated for anyone to understand, unless you have the right education and experience to know their application. And in estate planning, a reputable lawyer can help you put things together with less hassle.
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Friday, December 28, 2012
Cliff looms: Kicking the Can, Washington-style
WASHINGTON (AP) ? When it comes to the nation's budget challenges, congressional leaders are fond of saying dismissively they don't want to kick the can down the road.
But now, a deadline hard ahead, even derided half-measures are uncertain as President Barack Obama and lawmakers struggle to avert across-the-board tax increases and spending cuts that comprise an economy-threatening fiscal cliff.
Congressional officials said Wednesday they knew of no significant strides toward a compromise over a long Christmas weekend, and no negotiations have been set.
After conferring on a conference call, the House Republican leadership said they remain ready for talks, but gave no hint they intend to call lawmakers back into session unless the Senate first passes legislation.
"The lines of communication remain open, and we will continue to work with our colleagues to avert the largest tax hike in American history, and to address the underlying problem, which is spending," the leadership said in a statement.
The Senate is due in session Thursday, although the immediate agenda includes legislation setting the rules for government surveillance of suspected spies and terrorists abroad, including Americans, as well as a measure providing $60 billion for victims of Superstorm Sandy.
Obama decided to cut short his Hawaii vacation for an overnight flight expected to get him back to the White House on Thursday.
Apart from the cliff, other financial challenges loom for divided government, where political brinkmanship has become the norm. The Treasury disclosed during the day it would take accounting measures to avoid reaching the government's borrowing limit of $16.4 trillion by year's end. The changes will provide about two months of additional leeway.
Separately, spending authority for much of the government will expire on March 27, 2013.
After weeks of negotiations, the president urged lawmakers late last week to scale back their ambitions for avoiding the fiscal cliff and send him legislation preventing tax cuts on all but the highest-earning Americans and extending unemployment benefits for the long-term jobless. Longer, term, he said he still supports deficit cuts that were key to the earlier talks.
"Everybody's got to give a little bit in a sensible way," he said at the White House.
The House has no plans to convene, following last week's rebellion in which conservatives torpedoed Speaker John Boehner's legislation to prevent scheduled tax increases on most, while letting them take effect on million-dollar wage earners.
"How we get there, God only knows," the Ohio Republican said of efforts to protect the economy ? and taxpayers ? from the tax increases and spending cuts.
"Now is the time to show leadership, not kick the can down the road," Senate Majority Leader Harry Reid, D-Nev., said a little over a week ago after Boehner announced he would shift his own focus from bipartisan talks to the approach that eventually was torpedoed by his own rank and file.
It's a phrase that political leaders use when they want to suggest others want to avoid tackling major problems, and one that Boehner, House Majority Leader Eric Cantor of Virginia and even Obama as well as Reid have used.
"We have a spending problem. We have to address it, And we're not going to address it by kicking the can down the road," the speaker said at a news conference late last week when he was asked about setting a vote on a plan that Democrats find acceptable.
Cantor recently used the same approach in challenging Obama to agree to savings from Medicare and other benefit programs. "This has to be a part of this agreement or else we just continue to dig the hole deeper, asking folks to allow us to kick the can down the road further and that we don't want to do," he said on Nov. 28.
In fact, it's a phrase that has been in use for over a year as Obama and Republicans jockey for position on pocketbook issues.
In July 2011, when he was struggling with Republicans over the threat of a first-ever government default, Obama said he had "heard reports that there may be some in Congress who want to do just enough to make sure that America avoids defaulting on our debt in the short term. But then wants to kick the can down the road when it comes to solving the larger problem, our deficit."
A few months later, an extension of a payroll tax cut was the issue, and Boehner was insisting on a year-long renewal rather than the temporary plan that passed the Senate with votes from lawmakers in both parties.
"How can you do tax policy for two months?" he asked on Dec. 18, 2011. "I believe that two months is just kicking the can down the road.
"The American people are tired of that."
At issue now is series of tax increases and spending cuts scheduled to kick in with the new year that economists caution could send the economy into a recession.
___
AP Economics Writer Christopher S. Rugaber contributed to this report.
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Obama, Congress set for one last effort on fiscal cliff
By Reuters
President Barack Obama is due back in Washington early Thursday for a final effort to negotiate a deal with Congress to avert or at least postpone the fiscal cliff of tax increases and government spending cuts set to begin next week.
No specific bill dealing with the cliff was on the schedule of either the U.S. Senate or House of Representatives, which are expected to return on Thursday after the holiday break. Investors are closely watching the talks, concerned that going over the cliff could throw the economy into recession.
President Obama and Congress are set to return to Washington to hopefully reach a deal on averting the fiscal cliff before the New Year. Luke Russert and NBC News' Kristen Welker and Mark Murray discuss.
Aides and members of Congress have said that a modest, last-minute measure to avoid the spending cuts and most of the tax hikes could pass the Democratic-controlled Senate if Republicans agree not to use a procedural roadblock known as a filibuster, a commitment that Senate Republican leader Mitch McConnell has so far not made.
But to win approval in the Republican-controlled House of any bill that raises taxes on anyone, a rare bipartisan vote would be required. All 191 Democrats would have to team with up with at least 26 Republicans to get a majority if the bill included tax hikes on the wealthiest Americans, as Obama is demanding.
Some of those votes could conceivably come from among the 34 Republican members who are either retiring or were defeated in the November elections and no longer have to worry about the political fallout.
Recommended:?GOP willing to bend on issues after election
In the alternative, Congress could let income taxes go up on everyone as now scheduled and then during the first week of January, scramble and get a quick deal to cut them back except for the highest brackets, along with a measure putting off the $109 billion in automatic spending cuts that most lawmakers want to avoid.
Once the clock ticks past midnight on December 31, no member of Congress would have to vote for a tax increase on anyone - taxes would have risen automatically - and the only votes would be to decrease tax rates for most Americans back to their 2012 levels.
President Obama is cutting his Hawaiian vacation short and heading back to Washington just a day after Christmas. Meanwhile, Congress returns tomorrow with just days left to reach a deal before the looming January 1 fiscal cliff. NBC's Kristen Welker reports.
Obama and congressional lawmakers left Washington on Friday for the Christmas holiday with talks to avert the fiscal cliff in limbo.
The president will cut short his vacation in Hawaii and leave for Washington later on Wednesday, arriving in the capital on early Thursday.
Obama is expected to turn to a trusted Democratic ally, Senate Majority Leader Harry Reid, to help craft a quick deal.
White House aides began discussing details of the year-end budget measure with Senate Democratic counterparts early this week, a senior administration official said on Monday.
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Thursday, December 20, 2012
BlackBerry 10 browser smokes iOS 6 and Windows Phone 8 in comparison test [video]
BlackBerry 10 dev phoneResearch In Motion?s (RIMM) BlackBerry 10?is shaping up to be quite the contender, but does it have what it takes to knock iOS 6 off its podium and prevent Windows Phone 8?from gaining momentum to become the third-most popular mobile operating system??The Gadget Masters?recently performed Web browser rendering speed test comparisons between a Dev Alpha B smartphone running BB10, an?iPhone 5 on iOS 6 and an?HTC (2498) Windows Phone 8X with Windows Phone 8 and was impressed at how fast RIM?s new Webkit-based browser was. And that?s not even a final BB10 phone; only a developer kit. Oddly missing is a comparison with Android?s stock Internet browser and Chrome. RIM will launch BlackBerry 10 on January 30th in New York City.?TGM?s?Web browser comparison videos can be found below.
[More from BGR: Google Maps causes huge spike in iOS 6 adoption]
This article was originally published by BGR
Source: http://news.yahoo.com/blackberry-10-browser-smokes-ios-6-windows-phone-145033131.html
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Tuesday, December 18, 2012
Lakewod Ranch developer John Neal makes his mark | Real Estate ...
LAKEWOOD RANCH
It's been a busy week for Lakewood Ranch-based developer John Neal.
Neal and his wife, Rebecca, recently sold seven parcels of property in the Ballard Park neighborhood for $284,661 to the City of Bradenton. The property was estimated to be worth $1.325 million.
Neal would like to see a rowing facility housed in the historic house on the property and a public park on other parcels that may revitalize the neighborhood around Ballard Elementary School.
Neal also announced plans to build large-scale homes in the Highfield neighborhood in Lakewood Ranch, an area just west of Lakewood Ranch Golf and Country Club he is exclusively developing. Priced from the low $900,000s to $2 million, the 4,988-square-foot model will be the largest new model home in Lakewood Ranch, regarded as one of the fastest growing communities in Florida.
In addition to his work as a land developer and builder, Neal helped raise close to $6,000 in gift cards for Lavallette Elementary, a school in New Jersey devastated by Hurricane Sandy. The gift cards purchased were mailed to the school last week and will be used to purchase supplies, books and desks.
The list goes on.
And so does Neal's aspirations for the future.
"I've always been pretty busy," said the 37-year-old builder from his office on Lakewood Ranch's Main Street.
The son of former state senator and prominent Manatee-area developer Pat Neal, John Neal is steadily making his mark on the Florida real estate market.
John Neal's company, John Neal Homes, a custom design building company, is an affiliate of Neal Communities, of which his father is president and CEO. John Neal Homes has sold 41 custom designs this year, totaling $30 million in receipts. His company's honors and accolades include Aurora Awards for models in Lakewood Ranch and Parade of Homes awards from the Home Builder's Association.
Other developers and real estate insiders recognize John Neal as an up and coming talent.
"He has the good fortune of learning from the master," said Carlos Beruff, president and owner of Medallion Homes, a semi-custom home building company. "There's nothing he can't accomplish as long he wants to do it. He has enough experience and smarts to go as far as he wants."
"I think that, from a builder's standpoint, John is definitely a student of the game," said Jimmy Stewart, vice president of sales for Lakewood Ranch Communities, a subsidiary of Schroeder-Manatee Ranch, the developer of Lakewood Ranch. "I think he is doing a great job as far as following the current market. He's producing products the market is looking for."
John Neal graduated from Hampton Sydney College in Virginia with a degree in economics. Upon graduation, he secured a position with a Virginia mortgage firm as its information technology department director. Soon, he returned to Florida and, in exchange for updating Neal Communities' technology, became his father's pupil, learning the housing market. By 2009, John Neal Homes was fully operational.
"He knows the business from the ground up," Pat Neal said.
"There's a lot of lessons you can learn from your parents if you just
listen," John Neal said.
He didn't try to be different from his father, he says. Instead, he acted on his own ideas.
"People have their own skills. I have skills that are the same, but also skills that are different from Pat," he said. "I focused on my own skills, which were more design oriented. I've always loved the home building industry. I'm mechanically inclined."
Pat Neal said where he's failed, John has succeeded.
"He's much more a people person than I am," Pat Neal said. "He's lived his whole life in Bradenton so he knows everybody, and so they like him. I don't see John creating sparks I create. He has the human relationship."
Others concurred.
"He's got the lineage there from Pat, but I think John is coming out on his own and he's doing some different stuff that Neal Communities in the past wasn't doing with the custom homes," said Alan Anderson, executive vice president of the Home Builders Association Manatee-Sarasota and former employee of Neal Communities. "It's a good combination for the both of them. John is making his own way and it's a good path for him."
That path may include another Neal involved in politics, but not in the foreseeable future.
"I have interest in leadership roles in the community, but it's not my time," he said. "I have a business and a young family, and I want to attend to that."
Philanthropy also was a trait John Neal learned from his father.
"As a land developer, and it's not written this way very often, but I don't see my job as building plots of land for houses. I see myself building houses for communities," John Neal said.
On Tuesday, John Neal will present a Manatee High School student with a $500 check for winning an essay contest describing their favorite area nonprofit organization. The check will be donated to the nonprofit in the student's honor.
"I see it as a responsibility for individuals and community people to do what they can to make their community a better place," he said. "I'm very proud of him, in every way," Pat Neal said. "Not only in the business element. He has a beautiful family and he's devoted to his daughters. He's a good son."
Nick Williams, Herald reporter, can be reached at 941-748-0411 ext. 7049. Twitter:@_1NickWilliams
Source: http://www.bradenton.com/2012/12/17/4319597/lakewod-ranch-developer-john-neal.html
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