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Plasma TVs are just about dead
CNN Money
Samsung confirmed that it was shutting down its plasma TV business "due to changes in market demands," choosing instead to focus on curved and ultra-high-definition models that use LED technology. The news was first reported by Reuters. Samsung's announcement follows news last year that Panasonic had decided to stop making plasma panels. Seoul-based LG, the last major international plasma TV manufacturer, is also planning on shutting down plasma production, according to South Korea's Yonhap News Agency.
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Du Quoin, Illinois' new pawnshop opens under weighty ordinance with 5 pages of city rules to follow
Du Quoin Evening Call
A young man walked into the new Action Pawn shop in Du Quoin, Illinois, with a handful of video games, a headset and something he said was a tiny JVC brand video camera. "What are you asking for this stuff," asked owner Gary Hatfield, a retired industrial arts teacher, who has owned Action Pawn in Mount Vernon, Illinois, for more than a decade.
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'Pawn Stars' star proposes Vegas plaza
Las Vegas Review-Journal
Envision this. You're on Las Vegas Boulevard and you pass by Gold and Silver Pawn Shop, the home of the hugely popular “Pawn Stars" show. And right next to it, at first glance, is the world’s largest Rubik's Cube. In one way, the "cube" is a mini version of Tony Hsieh’s Container Park, which is the inspiration for the latest Rick Harrison business plan — Pawn Star Plaza.
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IRS wants Pennsylvania pawnshop owner to give up silver, cash
The Tribune-Democrat
The Internal Revenue Service wants a federal judge to force a Portage, Pennsylvania, businessman now serving time in federal prison to forfeit 67 silver bars and thousands of dollars in cash found in his home in January.
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Cash America's 2Q profit — 17 percent to $21 million
Rapaport 's Diamonds.net
Cash America International Inc. reported that company profit fell 16.6 percent year on year to $20.97 million for the second quarter that ended on June 30, in large part due to $15 million in charges related to an early extinguishment of debt. Revenue for the second quarter rose 10.9 percent to $455.1 million, while net revenue, which is less the cost of merchandise sold and loan loss provision expenses, increased 13 percent to $275.9 million.
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Hanover Park, Illinois, adopts temporary ban on pawnshops, some lenders
Chicago Daily Herald
Concerned by their growing numbers, Hanover Park, Illinois, officials have temporarily banned any new pawnshops, "cash for gold" stores and other lenders from opening up in town. Village trustees unanimously placed a nine-month moratorium on such businesses. Economic development officials say they need that time to study whether Hanover Park should adopt stricter rules on how and where the stores can set up shop.
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Firearm background checks on rise in New Mexico since Newtown, Connecticut
KOAT-TV
In recent years, gun sales have gone through the roof out of fear gun laws would drastically change, but they didn't. In December 2012, a man shot and killed more than 24 people, including children, and committed suicide in Newtown, Connecticut. It was one of the deadliest school shootings in U.S. history.
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Images released of Roseville Pawn America in Minnesota shooting suspects
KSTP-TV
Roseville, Minnesota, police continue their search for two suspects who held up a Pawn America at gunpoint and shot an employee. Pawn America is offering a cash reward for any information that may help police in the apprehension of the suspects.
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How 60 seconds and 1 word a day can reduce your stress
Fast Company
Remember the childhood rhyme, "Sticks and stones may break my bones, but words will never hurt me?" It sounds optimistic, but it's actually not true. According to neuroscientists and brain communication researchers, words can do damage. In fact, negative words release chemicals in your brain that cause stress. Angry words send alarm messages through the brain that shut down logic and reasoning centers. Our minds are hardwired to worry.
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Cash America International ready to exit the payday loan business
The Dallas Morning News
A decade ago, Cash America International collected $21 million from payday loans. Last year, those fees totaled $878 million, and now include loans that are sold online, in foreign countries, and backed by car titles. Sounds like a great business — to get out of.

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Amazon Fire Phone review: Ambitious and inventive, but a version 1.0 product
Fast Company
It's 2014. The dynamics of the smartphone business seem pretty well settled. The iPhone and handsets based on Google’s Android have divvied up the market between them, leaving little room for underdog alternatives such as Windows Phone.

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The difference between marketing and branding for the small business
Business 2 Community
Small Business Marketing is everything you do or say that your ideal target customer sees and hears.Now, when you have a marketing process in place this expands to – getting ideal customers, who see and hear you, to know, like, trust, contact and refer you.

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Greensburg, Pennsylvania, pawnshop aids in arrest of home repair scam suspect
Tribune-Review via Insurance News Net
In Pennsylvania, a South Greensburg woman wanted by Westmoreland County detectives in a home repair scam was arrested on at a Greensburg pawnshop. County sheriff's deputies were tipped off that Katina D. Stewart, 41, planned to sell items in a pawnshop for cash, Sheriff Jon Held said.
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Police: Saks employee bought $17,720 watch with customer's credit card
ThevPalm Beach Post
A Palm Beach Gardens, Florida, man who worked at Saks 5th Avenue faces charges after pawning a watch he purchased using a customer's card, according to an arrest report. In 2013, Joel Auxier used an 84-year-old woman's Saks 5th Avenue card to purchase a Buccellati watch for $17,720, the report said. The sales record shows that the woman was not present for the sale, the report said.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    The most interesting pawnshop business ideas (SiliconIndia)
Seth Gold of 'Hardcore Pawn': 'If pawnshops didn't exist, there'd be very big problems' (6) (')
Pawnbroker accepted stolen jewelry, didn't record transaction, police say (WPEC-TV)
ACE Cash Express must cough up $10 million (Courthouse News Service)

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NPBA Weekly NewsBrief
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