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Microsoft to Cut 2,850 More Jobs in Exit From Phone Business

7/30/2016

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Microsoft Corp. is more that doubling an earlier job cut plan, part of Chief Executive Officer Satya Nadella’s move to pare the company’s smartphone ambitions. Read more
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California's tomato business is rotten — and farmers are seeing red

7/28/2016

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California's tomato industry seeing red  Friday, 29 Jul 2016 | 9:31 AM ET|00:38

These are rotten times for California's tomato farmers as an oversupply of processed tomatoes and weaker demand have pushed prices lower. Read More

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A business Amazon launched a year ago has already generated $1 billion in revenue

7/28/2016

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​In its first year, Amazon Business has generated more than $1 billion in sales from more than 400,000 business customers, the company said during its earnings report released on Thursday.

Amazon Business wasn't exactly a started-from-scratch new unit, as VentureBeat reported at the time.

It launched at the end of April 2015 and replaced a service called AmazonSupply that had been around since 2012. AmazonSupply was a marketplace that focused more on industrial products and office supplies. It was Amazon's first attempt to get into the market occupied by warehouse retailers.

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Alphabet’s huge Q2 shows its ads business may not be so challenged after all

7/28/2016

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While Alphabet’s core advertising business has often been questioned as the net value of its ads has been in decline, there’s one thing that’s hard to argue — it’s still one of the biggest technology businesses in the world, and it’s still growing. And it’s growing very quickly. Read More
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We're Hiring Debt Collectors for Commercial Debt Collections (West Tucson) 

7/27/2016

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Morgan, Cohen & Bach is looking for people with collection experience. If you are unfamiliar with Commercial Collections, it's where collectors have an opportunity to make serious money ($40,000-$100,000+ a year).

Unlike most commercial collection firms, there is plenty of business to go around, with room to advance.

​Are you hungry and think you have what it takes​? Send us a personalized introduction, including your resume.
 
APPLY NOW
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Shipwreck Hunter Unearths Lost History and Treasures: #bestjobever

7/21/2016

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It’s not often that you see “shipwreck hunter” listed on someone’s business card or résumé, but that is indeed National Geographic grantee David Mearns’s career choice. For him, setting world records and recovering centuries-old treasures is just another day at the office—or ocean, rather.

“I look for shipwrecks for a number of different reasons,” Mearns says. “For archaeology, historical re-creations, insurance purposes, television documentaries, even conducting salvage of the cargoes on board.”

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Musk Reveals Four New Vehicles and a Forecast for Tesla's Future

7/21/2016

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Elon Musk just posted his "Master Plan, Part Deux," a mission statement meant to guide the company into the next decade just as his original Master Plan in 2006 has taken the company to where it is today.

The difference between then and now is that many more people have come around to Musk's way of thinking about the future of energy and transportation. More investors buy into his vision for where the world is headed, if not his plans for getting Tesla there. Still, Musk offers a tantalizing roadmap for Tesla as well as some new insight into how he forecasts the future. 

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Musk’s Master Plan Met With Indifference From Tesla Investors

7/20/2016

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Elon Musk failed to capture investors’ imaginations with his latest “master plan” for Tesla Motors Inc., a 1,500-word manifesto laying out lofty ambitions for an integrated solar and battery product and, someday, electric trucks and buses.

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New freezer warehouse brings 350 jobs to Warren replacing old auto salvage yards

7/20/2016

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Two auto salvage yards will be replaced by a 252,000 square foot freezer warehouse. 

The new Lipari Food facility will bring 350 jobs to the Warren area and will be spending about $39 million on the project itself.

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BHSI Launches Commercial Output Policy for Inland Marine Exposures

7/18/2016

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Berkshire Hathaway Specialty Insurance (BHSI) has introduced its Commercial Output Policy (COP) that combines the company’s new admitted property insurance policy with its inland marine coverages.

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Officials: No Explosives for Benita Salvage

7/16/2016

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On Monday, authorities in Mauritius indicated that they do not favor an earlier plan to blast free the grounded bulker Benita, which is hard aground on rocks off a lagoon at Le Bouchon. ​ Read More
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Connecticut Supreme Court: Towing and recovery services can be regulated

7/15/2016

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The Connecticut Supreme Court recently ruled the state can regulate the fees that towing companies charge for nonconsensual towing and recovery services. 
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Connecticut Supreme Court: Towing and recovery services can be regulated

7/15/2016

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nonconsensual towing
The Connecticut Supreme Court recently ruled the state can regulate the fees that towing companies charge for nonconsensual towing and recovery services. 

The state court’s decision stemmed from a dispute between Modzelewski’s Towing and Recovery and Connecticut’s Department of Motor Vehicles. Modzelewski’s had been ordered to reimburse $12,787 in overcharges from a tow and recovery in September 2011. The tow operator argued that the state could regulate the prices for the actual tow but not for the recovery or storage fees. 

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Connecticut Supreme Court: Towing and recovery services can be regulated

7/15/2016

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The Connecticut Supreme Court recently ruled the state can regulate the fees that towing companies charge for nonconsensual towing and recovery services. 

The state court’s decision stemmed from a dispute between Modzelewski’s Towing and Recovery and Connecticut’s Department of Motor Vehicles. Modzelewski’s had been ordered to reimburse $12,787 in overcharges from a tow and recovery in September 2011. The tow operator argued that the state could regulate the prices for the actual tow but not for the recovery or storage fees. 

Modzelewski’s Towing and Recovery appealed the reimbursement order. The appeals court ruled that the Department of Motor Vehicles couldn’t regulate the pre-tow and post-tow services. If the Connecticut Supreme Court had agreed, towing companies would have been able to charge any price they wanted for services that came before and after a nonconsensual tow. Instead, the state supreme court upheld the $12,787 refund. 

“This is a pretty significant ruling,” said Mike Matousek, the director of state legislative affairs for the Owner-Operator Independent Drivers Association. “This is bigger than one company.”

Connecticut’s high court said the reason nonconsensual tows are regulated is to prevent consumers from being charged too much. 

“Separating two closely related parts of the towing process by allowing state regulation to prevent exorbitant fees for the actual towing but not for the recovery services that enable the towing to take place simply makes no sense, given the inextricable relationship between recovery services and the actual towing,” the court wrote. “We therefore conclude that state laws regulating the fees charged for recovery services performed in connection with a nonconsensual towing are not pre-empted by federal law.”
 
By Mark Schremmer, Land Line staff writer
Copyright © OOIDA

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Inland Marine Insurers Respond to Food Safety Modernization Act

7/15/2016

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Trucking and cargo carriers are facing greater risk exposures as new food safety strictures reduce opportunities to salvage shipments. Read More
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No background check on ex-city contractor charged in $43,000 theft

7/14/2016

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NEWBURYPORT — David Leonard had served two jail sentences before being hired as the city’s parks manager last year, but in accordance with its usual practice regarding the hiring of contractors, the city hadn’t checked his background. 

​Leonard is now the subject of a police probe in which he is charged with stealing $43,000 from the city’s Belleville Improvement Society, a nonprofit that oversees the city’s Atkinson Common park.

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At Least 1 Dead, Several Hurt In Multi-Vehicle Crash In I-84 In Montgomery

7/13/2016

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MONTGOMERY, New York (WABC) --
At least one person is dead and several others are hurt after a multi-vehicle crash in Orange County Wednesday afternoon.

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Multiple fatalities as train crashes in southern Italy

7/13/2016

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At least 20 people have been killed in a railway collision in southern Italy. The two trains crashed head on while traveling in opposite directions on the same stretch of track.

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B2B PAYMENTSAn Opportune Moment For India’s Global B2B Payments Stage

7/12/2016

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India is a hotbed for FinTech innovation, with venture capitalists of the industry becoming some of the most active on the market today. This year, the popular trend for VCs in India on the B2B side has been alternative lending, while mobile payments and virtual wallets have also earned their share of excitement in recent months.

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Danone Boosts U.S. Business With $10 Billion WhiteWave Deal

7/7/2016

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Shares of French dairy company rise sharply on agreement to buy maker of Horizon Organic milk
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Microsoft COO Kevin Turner has left the company to become CEO at another firm

7/7/2016

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Citadel Securities announced Thursday morning that it has hired Kevin Turner away from Microsoft to be CEO.

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Deutsche Bank: World's most dangerous bank?

7/7/2016

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Deutsche Bank shares hit a new record low today. Its value has halved since the beginning of the year.

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Grand jury: Sacramento County debt collection ‘dysfunctional, inefficient and costly’

7/7/2016

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In a scathing report, the Sacramento County grand jury found that the county’s debt collectors have failed to recover hundreds of millions of dollars and mishandled thousands of payments they did receive.

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European Commission Late Payment Directive 2011/7/EU

7/6/2016

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This guide provides general advice for businesses and public authorities on the amended late payment law.

Amended late payment legislation comes into force on 16 March 2013, implementing European Directive 2011/7/EU on combating late payment in commercial transactions. The amended legislation will make pursuing payment a simpler process across the European Union, reducing the culture of paying late and making paying on time the norm.
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Under the new rules, debtors will be forced to pay interest and reimburse the reasonable recovery costs of the creditor, if they do not pay for goods and services on time (60 days for business and 30 days for public authorities).

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Overhaul of background check system could lean on predictive analysis

7/6/2016

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​Think what companies know about you because you provided the info. Combine that with government records, and there’s a data picture that some say might predict behavior.

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  • Services
    • Unpaid Heavy Duty Recovery
    • Out-of-Business Collection
    • Debt Recovery
    • Litigation >
      • Legal Proceedings
    • Mediation
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  • Submit Claim
    • Unpaid Tow Invoice Submission
    • Nonconsensual Tow Bill
    • Debt Recovery - Submission
  • Blog
  • Client Portal
  • ​(877) 459-2230