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iBiz Wire Topics: Business
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Marketplace Report: Restaurant Online Ordering Takes-off
Delphis Software www.delphissoftware.com, a Fresno, California based corporation, has emerged as the industry leader in restaurant internet food order applications with an installed based of over 15,000 restaurants. Placing food orders via the internet has evolved over the last 18 months into a hot market for savvy high-tech firms. With Delphis Software leading the way, continued growth in this arena is expected.
Sunday, March 14, 2010 03:51:10 GMT (breaking)

Nonprofit Raffles are Big Business
Mega House Raffle www.MegaHouseRaffle.com has now moved into position as the nation's largest charitable raffle. With massive cuts in funding for nonprofit organizations in both the public and private sectors, house raffles are fast becoming an effective vehicle for raising much needed money to fund charitable operations. Mega House Raffle describes itself as California's largest, however our review clearly puts this raffle as the biggest in the country.
Sunday, March 14, 2010 03:51:10 GMT (breaking)

Retail Sales Take A Surprising Turn In February
The Commerce Department said retail sales rose 0.3 percent last month — surpassing expectations that sales would decline by 0.2 percent — as consumers did not let major snowstorms stop them from storming the malls.
Fri, 12 Mar 2010 08:40:00 -0500

Report Details What Led To Lehman's Collapse
A 2,200-page bank examiners' report released Thursday details what went wrong that led to the collapse of Lehman Brothers, the largest bankruptcy in U.S. history. It shows Lehman executives had been using accounting gimmicks to camouflage billions of dollars of debt.
Fri, 12 Mar 2010 04:00:00 -0500

Pink Floyd Wins Battle With EMI Over Online Sales
A British Court ruled record label EMI may not sell Pink Flloyd songs individually without the band's permission. The band insisted its contract prohibited those sales. EMI said the contract didn't apply to Internet sales.
Fri, 12 Mar 2010 04:00:00 -0500

Orange County Sues Toyota For Acceleration Flaws
District Attorney Tony Rackauckas accused the automaker of knowingly selling hundreds of thousands of vehicles that had defects. The suit seeks civil penalties of $2,500 per violation under the Unfair Business Practices Act, along with the recovery of attorney fees and investigative costs.
Fri, 12 Mar 2010 15:22:00 -0500

Repo 105: Lehman's 'Accounting Gimmick' Explained
As the financial crisis grew in 2007 and 2008, the now-defunct banking giant knew it needed to reduce its reliance on borrowed money. But it was a bad time to sell stuff off and pay back debts. So Lehman Brothers made special use of something called the repo market.
Fri, 12 Mar 2010 11:55:00 -0500

Report Finds Lehman Used Accounting Tricks
A bankruptcy court examiner is raising new questions about the actions of Lehman Bros. executives in the weeks before the firm filed for bankruptcy. In a 2,000-page report, the examiner alleges that Lehman's top managers manipulated the firm's balance sheet in a bid to stave off bankruptcy.
Fri, 12 Mar 2010 15:00:00 -0500

We Bought A Toxic Asset; You Can Watch It Die
Remember those complicated bonds full of home mortgages? The ones that almost brought down the economy? A team of reporters with NPR's Planet Money used $1,000 of their own cash to buy a tiny piece of one — and plan to track it until it dies.
Fri, 12 Mar 2010 09:34:00 -0500

Most States Have No Laws Against Freelance 'Repos'
The auto repossession industry is big business. Two million cars were repossessed last year. A report from the National Consumer Law Center says most of those are done without the involvement of courts or police. These so-called self-help repos have caused at least six deaths in recent years.
Fri, 12 Mar 2010 04:00:00 -0500

Is Apple Entering An Age Of Empire?
A quarter century ago, Apple touted itself as the alternative to computer hegemony. But its new iPad grows works only with applications approved by and sold through Apple. Host Guy Raz talks to Slate technology columnist Farhad Manjoo about whether Apple is stifling innovation by building the type of empire it once warned against.
Sat, 13 Mar 2010 15:00:00 -0500

Christian Groups Find Way Around High Health Costs
The nonprofit Samaritan Ministries transfers money among its members to pay each household's health care costs. Benefits to members include lower monthly payments and faith-based policies, but there's no guarantee their bills will be covered. Several evangelical Christian groups are using similar approaches.
Fri, 12 Mar 2010 08:30:00 -0500

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