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Putting pawnshops to the test: A new ordinance in Springfield, Massachusetts
WGGB-TV
Springfield, Massachusetts' so called "pawnshop ordinance" was the center of heated debate the past few years in the city council. The whole issue began when the former ordinance was made less stringent, mostly through the work of former Council President James Ferrera. Without the police being made aware, the number of days that pawn shops had to hold on to items before selling them was lowered from 30 days to 10 days. The police said they needed more time and resources to track down stolen items than just 10 days, so eventually a new ordinance was signed into law.
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Deputies shut down Florida pawnshop
Sarasota Herald-Tribune
The owner of a Sarasota, Florida, pawnshop will lose his business license after his March arrest in a stolen merchandise investigation by the Sarasota County Sheriff's Office. Jim Smith, owner of Jim's Pawn, was accused of being a central figure in an organized crime ring responsible for thefts of meat, televisions, bicycles, and gift cards from stores throughout the county.
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'High risk' label from feds puts gun sellers in banks' crosshairs, hurts business
The Washington Times
Gun retailers say the Obama administration is trying to put them out of business with regulations and investigations that bypass Congress and choke off their lines of credit, freeze their assets and prohibit online sales. Since 2011, regulators have increased scrutiny on banks’ customers. The Federal Deposit Insurance Corp. in 2011 urged banks to better manage the risks of their merchant customers who employ payment processors, such as PayPal, for credit card transactions.
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Fort Worth, Texas, takes a new look at restrictions on payday lending
Fort Worth Star-Telegram
Fort Worth, Texas, the only major city in the state not to pass an ordinance restricting the operations of payday lenders, is taking a new look at the issue. City Manager Tom Higgins released a report on payday lenders for council members, noting that most of the 15 cities in Texas that have passed new regulations have been sued by a trade group representing the lenders.
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Officials eye tighter rein for Naperville, Illinois, pawnshops
Naperville Sun
Naperville City Council members in Illinois are taking a look at tightening the rules for businesses that buy and sell precious metals, gems and jewelry. An ordinance to be scrutinized by the council could require pawnbrokers and secondhand sellers of those goods to enter photo identification of sellers, as well as pictures of the goods they are pawning, into a searchable online database that eases the process of tracking stolen items.
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2 Chigago pawnshop employees shot during robbery
WBBM-TV
Editor's note: Although the media has identified this store as a pawnshop, it is not. This is a gold buying business.
A sour deal at a South Shore pawnshop in Chicago leads to a shooting and robbery. Now, two men who work at Cash 4 Gold are recovering from gunshot wounds. Police say the men, ages 49 and 29, were both shot in the leg and are in stable condition at Advocate Christ Medical Center in Oak Lawn, Illinois, after an apparent pawnstore purchase gone bad.

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Gold steadies below $1,300; platinum gains as strikes drag on
Economic Times
Gold steadied after two consecutive sessions of losses but remained below the key $1,300-an-ounce level, weighed down by strong U.S. economic data and waning investor interest. Platinum group metals added to gains after posting their strongest weekly performance in six weeks on supply worries from South African labor strikes.
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How to stop google from using your name and face in ads
Entrepreneur
Google ads starring you — yes, we're talking your real name and your real face — could already be popping up online. That is, unless you've already taken action to stop the search giant from using your Google account information in its ads. If you haven't, we'll show you how in just a moment in three easy steps.
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Sioux Falls, South Dakota, police laud online tracking of pawnshop goods
Argus Leader via The Missoulian
Pawnshops are full of things people want or need to get rid of – jewelry, watches, televisions, guns. For quick cash, decluttering or just because, the business of secondhand stores is attractive. For buyers, there's the opportunity to buy something gently used at a good price. But there's also a risk – is this ring stolen? How do you know?
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EZCorp investigated by Consumer Financial Protection Bureau
Austin Business Journal
Austin, Texas-based payday lender and pawn shop chain EZCorp Inc. disclosed in a regulatory filing that it has received a civil investigative demand from the U.S. Consumer Financial Protection Bureau.

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ITV blasted over purchase of 'Pawn Stars' producer
Variety
The guild staged a protest at ITV's Manhattan, New York, offices with an AFL-CIO executive and New York City Councilmember Corey Johnson delivering letters urging the British-owned corporation to negotiate a collective bargaining agreement with the WGA East.

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Man who rammed car into Missouri pawnshop faces prison sentence of 15 years or more
KY3-TV
A federal jury convicted a man from Lebanon, Missouri, for illegally possessing a firearm and attempting to acquire a firearm. James Jacoby, 31, is guilty of both counts of a federal indictment handed up on May 8, 2013, that charges him with being a felon in possession of a firearm and with making false statements in an attempt to acquire a firearm.

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Smart guns
The Washington Post
"Smart guns" have been in the news recently. A gun store owner in Maryland abandoned plans to begin selling a German-made "smart gun" after protests–some of which included death threats. Such threats are crimes, and ought to be prosecuted, if the perpetrators can be identified. However, lawful threats, such as boycotts, seem likely to deter gun stores from selling the product. Gun owner boycotts and the risk of such boycotts have historically a very powerful check on the actions of firearms businesses.
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Take a look at the first keyboard for Google Glass
Fast Company
Now that Google is allowing anyone with a cool $1,500 lying around to score themselves a pair of Glass, you'll probably start seeing a lot more tech geeks wearing headsets in public talking to themselves. Our hands-free, hyper-tethered future is well on its way! So if voice command interfacing is the wave of the future, what good is something seemingly as reductive as an input keyboard?
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Stolen, pawned, returned: Sioux Falls, SD, police laud online tracking (Argus Leader)
Goose Creek, SC, man sentenced to 3 years in prison for pawnshop scheme (The Post and Courier)
'Pawn Star' Rick Harrison expands his empire (The Wall Street Journal)
Are brilliant jerks worth keeping in your business? (American Express OPEN Forum)

Don't be left behind. Click here to see what else you missed.
 

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