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Armed robbers outmatched by female pawnshop owner
Western Journalism
According to recent reports, a duo of hooded men targeted a Springdale, Arkansas, gun and pawnshop in an attempt to rob its owners at gunpoint. "They split up," Springdale Police Lt. Derek Hudson said. "They both pulled out handguns that looked like black semiautomatic pistols and began to rob the store." While one of the suspects was reportedly able to overpower a male owner, his partner fared much worse at the hands of a female behind the counter.
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Michigan's Senate Majority Leader Randy Richardville: 276 percent interest rate loans not 'predatory'
The Detroit News
On the same day that The Detroit News revealed that Senate Majority Leader Randy Richardville, R-Monroe, pushed a little-known bill through the lame duck session that would expose Michigan consumers to short-term loans with annual interest rates of nearly 300 percent, Richardville denied to reporters that the bill constitutes any kind of predatory lending.
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Gemfields' ruby auction achieves $689 per carat in Singapore
Diamonds.net
Gemfields' rough ruby auction in Singapore totaled $43.3 million for approximately 63,000 carats of predominately high-quality stones that were mined at the Montepuez concession in Mozambique. At $688.64 per carat, the auction realized the highest average price per carat as well as the greatest auction total to date for the gemstone mining and marketing firm.
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Thieves steal electronics in pawnshop 'crash-and-grab'
WBBM-TV
Chicago police were investigating another so-called "crash-and-grab" burglary, after thieves rammed a minivan into the front of a South Side pawnshop, and made off with electronics. A gray Dodge Caravan smashed through the glass front door and security screens at EZ Pawn. The van came to a rest about 30 feet inside the store, leaving glass scattered all the way to the back wall.
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Brazil's middle class finds a lifeline at the pawnshop
The New York Times
Interest rates in Brazil would make an American loan shark blush. Credit cards charge more than 240 percent a year. Bank loans top 100 percent. For a rising number of consumers in need of cash, a pawnshop is actually the better option.
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Gold jumps to 6-week high as equity losses spur haven buying
Bloomberg
Gold futures jumped to a six-week high as declines in equity markets revived demand for the metal as a haven. Silver surged more than 5 percent. More than $100 billion was wiped from the value of world equity markets, and global shares are falling again. Gold extended gains as the dollar headed for the biggest drop in a month against a basket of 10 currencies.
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Is lending money to your employees ever a good idea?
American Express OPEN Forum
Nearly 38 million families make just enough money to cover their day-to-day expenses. As a result, when something unexpected happens that requires additional cash, they often don’t have it and need to borrow it. Some of them turn to their employers for help, especially if the money is needed immediately. What should you do? Do you make the loan or turn them down?
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Proposed Newark, New Jersey, pawnshop law meant to curb cellphone thefts, officials say
NJ.com
In an effort to curb petty theft, Newark, New Jersey's city council is mulling legislation that would require pawnshops to keep track of the identities' cellphone buyers. Under the legislation, second-hand dealers would have to maintain records of every phone it buys including the phone's model number and serial number.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    New encryption technology hits nerve with DOJ (FOX News)
Police investigate Kansas City, Missouri, pawnshop fire as arson (KSHB-TV)
Meet the Gold family from 'Hardcore Pawn' at a holiday fundraiser (Detroit Metro Times)
Washington state museum won't give up guns after all; pawnshop offers to run background checks (The Associated Press via The Star Tribune)

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NPBA Weekly NewsBrief
Colby Horton, Vice President of Publishing, 469.420.2601
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Yvette Craig, Senior Content Editor, 469.420.2641   
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