This message contains images. If you don't see images, click here to view.
Advertise in this news brief.




Text version   RSS   Subscribe   Unsubscribe   Archive   Media Kit June 26, 2014

Home   Membership   Government Relations   Calendar of Events   Community Outreach   NPA News      

 

Holder — US to resolve probes of financial firms in coming months
Reuters
U.S. Attorney General Eric Holder said the Justice Department expects to resolve more probes of financial firms in the coming months as part of its wide-ranging consumer fraud investigation. The investigation, known as "Operation Choke Point," is more than one year old and seeks to eliminate fraud by going after firms that handle and move money for various suspect businesses. "In the months ahead, we expect to resolve other investigations involving financial institutions that chose to process transactions, even though they knew the transactions were fraudulent, or willfully ignored clear evidence of fraud," Holder said in a weekly video message.
   Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE  




Sellers are responsible for diamond authentication
Rapaport
The annual Rapaport Certification Conference that took place at the JCK Las Vegas show highlighted that jewelers are responsible for the authenticity of the diamonds they're selling. "Jewelers have the first line of responsibility for the product they sell," explained Cecelia Gardner, the president and CEO of the Jeweler’s Vigilance Committee. "Everyone in the pipeline has a responsibility to the purchaser for their product, and they cannot pass along that responsibility just because they're relying on a third party [grading report] presentation."
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Harrisonburg, Virgina, city leaders pass new pawnshop law
WHSV-TV
During a recent Harrisonburg City Council meeting in Virgina,the Leads Online database system was approved for implementation. The system is a searchable online database of pawn items for police departments around the country to check for stolen objects.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


EZCorp prepares $175 million private offering, sets earnings guidance
Austin Business Journal
EZCorp Inc., an Austin-based payday lender and pawnshop chain, said it is setting up a private offering of $175 million of convertible senior notes due in 2019 and has also set its earning guidance for the second half of fiscal 2014. The company expects non-GAAP earnings growth of more than 80 percent in the second half of fiscal 2014.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


FEATURED ARTICLE
TRENDING ARTICLE
MOST POPULAR ARTICLE
Gold prices rise as clashes erupt in Ukraine
The Associated Press via ABC News
Gold for June delivery climbed $19.50 to settle at $1,302.90 an ounce. Silver for July jumped 50 cents to $19.55 an ounce. The Ukrainian government launched what appeared to be its first major offensive to regain control of an area held by pro-Russian separatists.

Share on FacebookTwitterShare on LinkedinE-mail article
read more
MIT nanocrystals can use your iPhone to ID fake money and drugs
Fast Company
Most of us know the Secret Service as the black-suited organization employed to protect the President. But in reality, the service was created toward the end of the Civil War, before Lincoln was assassinated, to crack down on counterfeit currency. Because up to a third of all money at the time was counterfeit.

Share on FacebookTwitterShare on LinkedinE-mail article
read more
Should you disclose that a diamond's a trade-in?
JCK magazine
We have heard a lot lately about recycled diamonds. At an informative discussion on trade-ins last week at the American Gem Society Conclave (ably summarized here), a retailer raised a loaded question: Must a jeweler disclose to a consumer if a diamond, or piece of jewelry, is pre-owned?

Share on FacebookTwitterShare on LinkedinE-mail article
read more


City Council approves plan to allow gun shops in Chicago
WBBM-TV
Facing a court order to allow gun sales in the city, the Chicago City Council voted unanimously to approve an ordinance allowing gun shops in the city limits, but with tight restrictions.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Even small business owners can use these tax breaks
Forbes
Do you have the right tax structure? Consider the IRS data for 2012 tax returns: 1.9 million companies filed as some form of C Corporation, 3.6 million filed partnership returns (presumably many of them being LLCs) and an impressive 4.6 million filed as S Corporations. Before worrying about what big company moved which assets where, have you made sure you are not paying double taxes by being a C Corp?
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


3 watches you should wear if you want to impress people
Business Insider
When a man flashes his cuff and his watch is revealed, what does it say about him? Classic men's jewelry that is sophisticated without going over the top falls into two categories: a wedding ring and a great watch.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Teen opens world's first pawnshop for $15,000 sneakers (New York Post)
Supreme Court rules on 'straw purchaser' law (The Associated Press via TIME)
Phoenix pawnshop fined for giving employees lie detector test (KPHO-TV)

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


US economy collapses in first quarter, but growing again
Reuters
The U.S. economy contracted at a much steeper pace in the first quarter than previously estimated, turning in one of its worst-ever non-recession performances, but growth already appears to have rebounded strongly. The Commerce Department said gross domestic product fell at a 2.9 percent annual rate, the sharpest decline in five years, instead of the 1.0 percent pace it had reported last month.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


How to invest like a pawn star
InvestorPlace
Lawrence Meyers, InvestorPlace contributor, says: "I'm always trying to draw analogies to value stock investing, because that strategy has proven to be the most lucrative over the long term for me and many other value stock investors. You know the popular TV show Pawn Stars? That's the show where people enter this Las Vegas pawn shop with all manner of wacky items — muskets, Civil War coins, pirate booty — and either sell it outright or take a loan against it.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Pawnshop ordinance gives police more time to track stolen goods in Indiana town
Kokomo Tribune
Secondhand shops will now have to keep new purchases for 10 days before putting them out for sale, giving police more time to track stolen goods. The Kokomo Common Council in Indiana amended the ordinance for pawnbrokers and secondhand dealers in the city in an effort to comply with updates to state laws. Previously, Kokomo's ordinance required that items be retained for 24 hours.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


 

NPBA Weekly NewsBrief
Colby Horton, Vice President of Publishing, 469.420.2601
Download media kit

Yvette Craig, Senior Content Editor, 469.420.2641   
Contribute news

This edition of NPBA Weekly NewsBrief was sent to ##Email##. To unsubscribe, click here. Did someone forward this edition to you? Subscribe here -- it's free!
Recent issues
June 25, 2014 Blast
June 24, 2014
June 19, 2014
June 18, 2014 Blast



7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063