| Household to-do lists get more expensive
Starting in February, Columbus do-it-yourselfers will have to check in with the city before checking out at the home-improvement store. City Council members approved new rules last night that require homeowners to get $75 building permits before doing such things as building decks, putting in new windows, installing siding and replacing roofs. Columbus stopped charging for home-improvement projects that it considered minor seven years ago, but the adoption in 2006 of statewide residential-building standards required city officials to bring back the stricter rules. They go into effect Feb. 25 and apply to work done on one-, two- and three-family homes. People who don't get the permits, which also cover an inspection of the completed work, face penalties of $450 or more.
Ansay acquires Mosinee Insurance
A.N. Ansay & Associates Inc. of Port Washington today announced it has acquired Mosinee Insurance Agency Inc. Mosinee Insurance is a family-owned business, founded in 1934, that serves the personal and business insurance needs of clients throughout central Wisconsin. Mosinee Insurance is the only Certified WorkComp Advisor agency in the state of Wisconsin. In a joint statement, Michael Ansay, president of A. N. Ansay & Associates, and Thomas Helbach, president of Mosinee Insurance, said, "We are extremely pleased to have joined together our long established family-owned agencies as well as our team of insurance professionals in growing a larger presence in Wisconsin. Our talented insurance professionals provide each other with new resources, capabilities and opportunities. The Mosinee insurance professionals will continue serving clients from their current Mosinee location as a standalone sales and service office of A.N.
Best Western Takes on Business Travel
Best Western International aims to be a new competitor in lodging for business travel with a new prototype dubbed "Atria." It's a new direction for Best Western, known for catering to mainly leisure travelers in the mid-scale market. And, the new prototype comes at a time when there is increasing competition to customize offerings for business travelers, who continue to be a core client base for the hotel industry. .
China's trade, finance, politics revolution: entrepreneurship, law, family business, jobs
Is booming Chinese economy and finance sustainable? What is behind rising China? How are 700,000 international companies performing inside China? Are the Chinese going to dominate world finance, trade, outsourcing, investment, labor, politics? Talk to leading thinker George Zhibin Gu. essential business and investment book : China and the new world order, by George Zhibin Gu Reviewed by China Venture News, http://www.chinaventurenews.com The subject of Chinese entrepreneurship continues to resonate with global investors and especially the venture capital markets. George Zhibin Gu, author, business consultant and investment banker in his latest book, China and the New World Order, brilliantly reflects on how entrepreneurship, globalization and the borderless communities are reshaping a new China.
Three company directors claim trial over accounts
KUALA LUMPUR: Three company directors of a family-run business claimed trial in a Sessions Court here to four charges of failing to present a fair view of statement of accounts for a real estate company. This is the first time the Companies Commission of Malaysia (SSM) has brought such a case to court. The three are Yap Thoong Choan, 70, his brother Yap Kwai Choon @ Yap Kar Chuan, 74, and Yap Teck Chow, 51, who are the directors of Yap Keng Sang Realty Sdn Bhd. The company, which has a registered office in Jalan Loke Yew, is said to have borrowed RM949,720 from the United Overseas Bank's (UOB) Medan Pasar branch. In their respective summons cases yesterday, they were said to have failed to present a fair view of their accounts for four years from 2001 to 2004. If convicted, each person can be sentenced up to five years� jail or fined a maximum of RM30,000 for each of the four charges punishable under Section 171(1) of the Companies Act 1965. Thoong Choan and Teck Chow, who were also directors of Yap Keng Sang Textiles Sdn Bhd, also face charges for failing to keep records of accounts of that company for seven years upon the completion of a certain transaction. If found guilty, the duo can be sentenced up to six months� jail or fined up to RM5,000, or both, under Section 167 (7) of the same Act. Sessions Court judge Rozana Ali Yusoff set three days from July 28 for trial.
Hall wins Lucas mayoral race
LUCAS -- The new village mayor is Todd Hall, 33 Wallace Drive. Hall, currently Lucas Council president, beat incumbent John Finley, 117 Main St. Final unofficial election results were unavailable as of 1 a.m. due to hand counts for 46 write-in ballots. So far Finley has a 127 to 4 lead. .
The Pundit Who Bruised Citibank
NEW YORK -- Late last month, a spirited analyst published a highly critical report on Citigroup, saying it was woefully undercapitalized and might have to sell off assets or cut dividend payments to shareholders. The report by Meredith Whitney, a 37-year-old Bethesda native, triggered a 7 percent plunge in Citigroup stock, which helped to reignite broader investor fears about lingering weaknesses in financial markets from the summer's credit crunch. By the end of the day, the Dow Jones industrial average was down 362 points or 2.6 percent, its fourth-worst trading day of the year. .
Australian Stocks Decline, Led By Banking Scrips
(RTTNews) - Wednesday, Sydney stocks were declining, tracking a weak Wall Street lead. The benchmark S&P/ASX 200 Index was losing 21.40 points or 0.33% to 6,404.00, while the All Ordinaries Index was down 17.90 points or 0.28% to 6,472.30. The Australian dollar opened stronger against its U.S. counterpart on Wednesday. At 7 a.m. AEDT, the local currency was trading at USD0.8858-0.8863, up from Tuesday's close of USD0.8844-0.8847. Banking stocks led the decline as the U.S. credit market turmoil continued to take its toll, while resources firms advanced on higher gold and oil prices. Energy firms gained after oil prices jumped more than US$3 on Tuesday, passing US$98 a barrel on tight supply worries. In the mining space, Rio Tinto edged down 0.17%, Alumina eased 0.45%, Iluka Resources slid 2.61% and Zinifex edged down 0.14%, while BHP Billiton rose 1.64%.
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