Canada’s dollar slid to the weakest level in two months as stronger-than-forecast U.S. job growth fueled bets the Federal Reserve will start slowing the monetary stimulus that’s boosted riskier assets.
The Canadian dollar halted a three- day slide on speculation the currency had declined too far too fast as investors bet the Federal Reserve will maintain monetary stimulus that may devalue the U.S. dollar.
Entrepreneur Media Inc. sells the idea of the self-made little guy getting ahead. Based in Irvine, Calif., EMI, as the company is known, publishes Entrepreneur, a monthly magazine with a circulation of 607,000 and a colorful history. According to newspaper reports, the periodical's founder and former owner, Chase Revel, once tried robbing banks for a living. Today, EMI conducts seminars revealing "business success secrets" of a more mainstream nature. It markets instructional CDs and sells advertising to package deliverers, health insurers, and franchisers such as Wahoo's Fish Taco restaurants. In other words, EMI caters to all things entrepreneurial. Strangely, it also smashes the dreams of the self- starters it aims to serve.
Florida polo tycoon John Goodman was found guilty of driving under the influence-manslaughter and vehicular homicide in the 2010 death of a 23-year-old man whose car Goodman slammed into with his Bentley.
Philadelphia is scrounging for money to reduce child lead poisoning. Mesa, Arizona’s sales-tax revenue is softening as Boeing Co. suppliers cut back. Oklahoma City anticipates less spending from its largest employer, Tinker Air Force Base.
The city of Mesa, Arizona, fired 125 employees in 2009 as tax collections dropped amid a housing slump and a recession. Now, it is filling vacancies, training a class of police recruits for the first time in three years, and Mayor Scott Smith says he’s confident “revenue levels are going to stabilize.”