Joe LaFurgey reports. [www.clipsyndicate.com | WOOD NBC 8 Grand Rapids]
Private and household consumption rebounds in South Korea. (The Trade) [www.clipsyndicate.com | Bloomberg]
Hong Kong's roads read like the pages of a supercar magazine. Hundreds of flashy cars from Ferraris to Lamborghinis and Porsches, to Aston Martins, Rolls Royces and Bentleys inch through traffic, their owners undeterred by a 100-percent tax rate in their quest for the latest "boys' toys". Duration: 01:56 [www.clipsyndicate.com | Agence France-Presse]
02:00
U.S. Shoppers Put Off Gift Buying; Tanning Tax Proposed: Video
Dec. 24 (Bloomberg) -- Courtney Donohoe summarizes the top stories this morning on the Bloomberg Business Report. (Source: Bloomberg) [www.clipsyndicate.com | Bloomberg]
Dec. 24 (Bloomberg) -- Philippe Gijsels, a senior structured product strategist at Fortis Global Markets, talks with Bloomberg's Mark Barton about the outlook for equities, government bonds and the dollar in 2010. [www.clipsyndicate.com | Bloomberg]
Grand Rapids heating and cooling companies are having a busy December. Most attribute their good fortune in the tough economy to a federal tax credit that gives money back to homeowners who trade out old energy inefficient furnaces and other appliances for newer, more efficient ones. [www.clipsyndicate.com | WOOD NBC 8 Grand Rapids]
Home Buy Credit [www.clipsyndicate.com | WLFI CBS 18 Lafayette]
WAVY News 10 @ 5:00 p.m. 23 Dec [www.clipsyndicate.com | WAVY NBC 10 Norfolk]
With North Dakota ethanol plants pumping out close to 300 million gallons of the corn-based alcohol each year, and plants elsewhere in the US making billions of gallons, the ethanol industry needs to find new ways to market its product. And one method may start showing up at gas stations around the state soon. Jim Olson reports on the industry's push for blender pumps. The ethanol industry wants you to Blend Your Own when it comes to ethanol in your car or truck. (VIDEO) "So let's go ahead and take a look..." This video from the Nebraska Corn Growers explains the choices customers are finding at some gas stations - a variety of blends of gasoline and ethanol. (VIDEO) "Unleaded gasoline, E-20, E-30, E-85, and E-10." Jeff Zueger, general manager at Blue Flint Ethanol near Underwood, says blender pumps will allow drivers with flex fuel vehicles - that can use up to 85% ethanol - to select a more gas-rich blend like 30% or 50% ethanol. And the pumps solve a problem for gas stations with limited numbers of underground fuel tanks since they can have just one with ethanol. (Jeff Zueger, Blue Flint Ethanol GM) "Most facilities don't have the extra tank capacity so in this case, if they have a premium, a regular, and a diesel and an E-10, you can take one of those, maybe the premium or E-10, and put ethanol in it and then at the pump it becomes blended into whatever ratio is appropriate." But it's expensive to install new gas pumps - and that's where tax money comes in. The state legislature appropriated one million dollars to help stations put in blender pumps, and the state also dedicated one million dollars of federal stimulus money for installing blender pumps. (Jeff Zueger, Blue Flint Ethanol GM) "The state funding runs out at the end of October next year so we've got a short window here." Zueger and others in the ethanol industry hope the incentives convince more gas station owners to make the move that would allow you to blend your own gas-ethanol mixture and increase the amount of ethanol used across the nation.
[www.clipsyndicate.com | WPTY ABC 24 Memphis]
The state of Michigan was one of three states estimated to have lost population between 2008 and 2009 -- losing people at a rate three times faster than Maine and more than 10 times faster than Rhode Island. The loss of more than 32,000 people, according to the U.S. Census Bureau, brings the state below 10 million residents for the first time since 2000. [www.clipsyndicate.com | WOOD NBC 8 Grand Rapids]
(WWLP) - Donating clothes and other items to charities can save you some cash. For more log on to http://www.wwlp.com [www.clipsyndicate.com | WWLP NBC 22 Springfield M]
02:00
Veteran's Home Weatherized By Union Workers Using Stimulus Funds
The sounds of hammers and generators could be heard in the northeast Flint neighborhood as workers insulated a struggling veteran's home, fixed his porch and sealed his drafty windows. [www.clipsyndicate.com | WNEM Flint, MI]
Area schools named best buy [www.clipsyndicate.com | WTHI CBS 10 Terre Haute]
The State of Florida will subsidize as many as 25,000 jobs in 2010, spending as much as $200 million in federal stimulus funds to help thin the state's swollen unemployment ranks. [www.clipsyndicate.com | WTVT FOX 13 Tampa, FL]
12/23/09 Auto sales in China's rural areas continue to grow helped by tax cuts, government subsidies, & growing consumer spending. [www.clipsyndicate.com | New York Financial Press]
02:00
Schack Doubts New Rules Reducing High-Frequency Trading: Video
Dec. 23 (Bloomberg) -- Justin Schack, vice president of market structure analysis at Rosenblatt Securities Inc., talks with Bloomberg's Suzanne O'Halloran about the outlook for U.S. regulation of the financial industry. Schack discusses a possible "Wall Street tax," and rules on short-selling and high-frequency trading. (Source: Bloomberg) [www.clipsyndicate.com | Bloomberg]
WAVY News Online - 1:30 p.m. [www.clipsyndicate.com | WAVY NBC 10 Norfolk]
Federal stimulus money is being used to winterize homes in Louisville and make them more energy efficient. [www.clipsyndicate.com | WLKY CBS 32 Louisville KY]
Personal income and spending data released this morning gave the stock market reason to stay strong again, after several days of gains. The Commerce Department said personal income increased 0.4 percent in November, as compared to October, just shy of economist estimates. [www.clipsyndicate.com | Market News Video]
FOX43 News at 7 - Dec. 23, 3009 [www.clipsyndicate.com | WVBT FOX 43 Hampton Roads]
Western New York's newest member of congress is wrapping up his first year on the job. [www.clipsyndicate.com | WIVB CBS 4 Buffalo]
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