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Service sector contracts as orders fall (San Francisco Chronicle) Higher oil prices caused service businesses to shrink in June, as falling new orders and rising costs hit the nation's coffee shops, paper mills and corner stores. The Institute for Supply Management said Thursday that the services sector index fell to 48.2... Fake money orders used to scam businesses (Salina Journal) Three Salina businesses reported being presented with money orders they later determined to be fake. Sunflower bank, 2450 S. Ninth, reported that someone opened an account at 2:30 p.m. Thursday with a $1,000 Wal-Mart Money Gram money order. The person deposited $900, then took $100 in cash. Stocks decline after rise in factory orders (AP via Yahoo! News) Stocks gave up a brief rally Wednesday and resumed the selling seen in recent weeks after factory orders showed their the weakest performance in three months in May and as energy prices rose. Company Profile for MoneyGram International, Inc. (Business Wire via Yahoo! Finance) ----MoneyGram International, Inc. is a leading global payment services company. The company?s major products and services include global money transfers, money orders and payment processing solutions for financial institutions and retail customers. Survey: Service sector sagged in June as new orders dropped (Minneapolis-St. Paul Star Tribune) NEW YORK - The nation's services sector declined unexpectedly in June after two months of growth, as new orders fell sharply and oil prices took their toll on businesses. Bad money orders lead to arrest (The Star-Herald) Missing funds led to the arrest of a Kosciusko man on Monday. Stocks fluctuate after rise in factory orders (AP via Yahoo! News) Stocks fluctuated Wednesday after factory orders showed their the weakest performance in three months in May and as investors squared positions ahead of the government's June employment report. NY judge orders prison for former Refco CEO (AP via Yahoo! News) The former head of Refco Inc., blamed for the collapse of one of the world's largest commodities brokerages, was sentenced to 16 years in prison Thursday by a judge who decried the "staggeringly arrogant" greed of white collar criminals. Doyle Orders State Agencies To Cut Spending (FOX 6 News Milwaukee) Gov. Jim Doyle on Thursday ordered more than a dozen state agencies to cut millions of dollars in spending to help close Wisconsin's budget deficit. Doyle's orders include slashing tens of millions of dollars from the state's Medicaid program, the University of Wisconsin System and the Department of Natural Resources. Service sector contracts as orders fall (AP via Yahoo! News) Higher oil prices caused service businesses to shrink in June, as falling new orders and rising costs hit the nation's coffee shops, paper mills and corner stores. |
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