BRIEFCASE CONSUMER CREDIT TAKING NEW NAME.Byline: - Staff and Wire Services Consumer Credit Counselors of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. will begin operating under the name ByDesign Financial Solutions on Saturday, a move the organization says will help enhance its reputation. Even though the nonprofit group has operated with the same name since the 1960s, competition from other credit counseling Credit counseling (known in the United Kingdom as debt counselling) is a process offering education to consumers about how to avoid incurring debts that cannot be repaid. This process is actually more debt counseling than a function of credit education. services has changed the meaning and good reputation of its name, the organization said in a statement. Consumer Credit has also broadened its services in the last decade, focusing more on issues of identity theft and reverse mortgage counseling. Duffield departs from PeopleSoft SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. - PeopleSoft Inc. founder David A. Duffield, who returned as chief executive during the company's bruising takeover battle with Oracle Corp., has quit the business software maker, according to a regulatory filing Tuesday. Duffield resigned as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , chairman and director on Dec. 21, according to the document filed with the Securities and Exchange Commission. He had been chief executive since October, when the company unexpectedly fired then-CEO Craig Conway. Earlier this month, PeopleSoft's board ended the 18-month saga by agreeing to Oracle's sweetened sweet·en v. sweet·ened, sweet·en·ing, sweet·ens v.tr. 1. To make sweet or sweeter by adding sugar, honey, saccharin, or another sweet substance. 2. To make more pleasant or agreeable. terms. The $10.3 billion deal is expected to close next month. Adelphia makes settlement offer WASHINGTON - Adelphia Communications Corp. has offered $300 million to settle investigations by the Securities and Exchange Commission and the Justice Department, the company said. The company is in settlement talks with both agencies to quash civil penalties over alleged securities violations by members of the founding Rigas family, according to a 2003 annual report released by the company Thursday. Adelphia said $125 million of the settlement offer would be funded by litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. waged on the company's behalf. Confidence is up nearly 10 points NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Improving labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience conditions and cheaper energy prices led to a sharp increase in a widely watched indicator of consumer confidence in the economy in December, a good sign for growth heading into the new year. The Conference Board, a New York-based business research group, reported Tuesday that its index of consumer confidence leapt by nearly 10 points to 102.3 in December from 92.6 in November, following four months of declines. It was the highest level for the indicator since July and well above the 94 that investors had been expecting. The report helped push stocks to multiyear highs in thin trading on Wall Street, where the Dow Jones industrial average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. closed up 78 points at 10,855. Jones exec to pay part of settlement ST. LOUIS - Edward D. Jones Edward D. Jones, Sr. (July 29, 1893-October 10,1982) was an investment banker born in St. Louis. He graduated from Bellefontaine High School in Bellefontaine, Ohio in 1913, then from New York University in 1916. After graduating from NYU, Jones was employed by N. W. & Co. LP's top executive is stepping down at the end of next year, agreeing to pay about $3 million of a $75 million settlement with the Justice Department over claims tied to the company's mutual fund sales practices. Douglas Hill's planned exodus as managing general partner - a title he has held for a year - was revealed Monday in a filing by the suburban St. Louis-based brokerage with the Securities and Exchange Commission. The announcement came nearly a week after Edward Jones agreed to pay $75 million to settle allegations of improper disclosure of revenue- sharing payments. In Monday's filing, the company called Hill's roughly $3 million payout ``a disproportionate share.'' |
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