The Consumer Memo, 6/15: Paul McCartney backs meatless Mondays

Heavy on carrot sticksHeavy on carrot sticksVegetarian and former Beatle Paul McCartney asked fans to go meatless on Mondays to help slow global warming by reducing the amount of gaseous emissions from farm animals.

Cows, pigs and sheep bred for human consumption discharge millions of tons of methane, a more potent greenhouse gas than carbon dioxide. Livestock accounts for about 18 percent of greenhouse gases, more than all the world’s cars, the United Nations Food and Agriculture Organization has said.

Supported in his cause by celebrity chefs and Hollywood actors, McCartney said in a statement Monday that skipping meat a day a week is a “meaningful” change everyone can make to their lifestyles to help the environment. Less consumption may lead to fewer animals reared, and so emissions would fall.

Breakfast of champions
KobeKobeWheaties will issue a commemorative package honoring the 2008-09 NBA Champion Los Angeles Lakers. The 15.6-oz box, which celebrates the Lakers’ victory over the Orlando Magic will be available nationally starting next month. The front of the box features the team lineup, including Kobe Bryant and Pau Gasol.

Credit card rates
Rates edge higherRates edge higherCredit card interest rates wavered in the past week, with the lowest rates holding steady while some higher rates dipped.

Overall, the average annual percentage rate charged on variable rate credit cards edged up to 10.88 percent from 10.85 percent last week, according to Bankrate.com.

Pizza pride
Papa John’s is betting the store on keeping its eye on the pie — even as two larger competitors load their plates with pasta with pasta or sandwiches to boost sales in the slumping economy.

John Schnatter, founder and chief executive of Papa John’s International Inc., is taking a pass on the type of menu expansions rolled out by rivals Pizza Hut and Domino’s Pizza Inc. in the past year.

The No. 1 and 2 chains have rolled out pastas and sandwiches as they fight for sales in a pizza business that isn’t doing as well as fast-food rivals in the recession. The third-largest chain, Louisville-based Papa John’s, tested its own pasta and calzones, but decided against offering them nationwide.

Pizza is the centerpiece of the menu, but the chain offers an array of side items — from chicken strips and wings to breadsticks, which “enhance the core product” but don’t take away from making the pizzas,Schnatter said.

Phone fee hike
The fee paid by telephone customers into a fund that subsidizes service in rural areas will increase by 14 percent, the Federal Communications Commission said. The charge on monthly bills will increase during the third quarter to 12.9 percent of the cost of long-distance and international calls from 11.3 percent this quarter, the agency said in a news release Monday.

The fee is reset quarterly. It replenishes the Universal Service Fund, which helps pay for telephone service in rural areas, for discounts for some poor users and for Internet access in schools and libraries.

Extended Stay bankruptcy
Extended Stay Hotels LLC has filed for Chapter 11 bankruptcy protection. The Spartanburg, S.C.-based company’s brands include Extended Stay Deluxe, Extended Stay America Efficiency Studios, Homestead Studio Suites, StudioPLUS Deluxe Studios and Crossland Economy Studios. It operates more than 650 hotels in the U.S. and Canada catering to long-term business travelers.

IRS snafu
The Internal Revenue Service said an employee erroneously released a document that suggested letting tax-preparers regulate themselves as part of an effort to end fraud and improve the accuracy of tax filings.

The document released last week said the agency wanted to design a “self-regulatory organization” for tax preparation companies such as H&R Block Inc. and Jackson Hewitt Tax Service Inc.

The document “runs counter to the explicit instructions that I have given to be open to all ideas and input,” IRS Commissioner Doug Shulman said in a statement Monday.

Facebook user names
Facebook Inc., the largest social- networking service, said it assigned 5.75 million user names through Sunday, giving easier-to-remember Web addresses to its customers.

Facebook began offering user names after midnight New York time on June 13. Separately, the Palo Alto, California-based company said Greg Badros joined Facebook as director of engineering.

Submitted by Steve Rosen on June 15, 2009 - 2:52pm.
| add new comment
Submitted by Nathanial on June 29, 2009 - 8:34am.

We welcome Greg Badros on Joining Facebook as Director of engineering.

free classifieds |USA jobs |articles

Submitted by Anonymous on June 16, 2009 - 4:18am.

Everyone has their financial needs. Part of meeting financial needs often involves the use of credit, the most common form for a long time was credit cards. The credit card industry has been tightening up lately, as available funding has dried up despite the bailout. New regulations are going to make it harder for card companies to gouge customers with hidden interest fees, but in the meantime, many seek alternative methods of funding, such as payday loans. Finding a way to get record profits sneakily is standard credit card procedure. We won't likely see back the short term loans we, the people, gave the companies for their financial needs.


User login

Hire Me!

Testing the job market? Dollars & Sense has pulled together some resources to help you through these rough times.

Jobstart

These Companies Are Currently Hiring

Job Clubs

Click here for job transition support groups.

Kansas City Metro Networking Job Club

Job Club link

Dollars & Sense is offering a free forum for job seekers through a partnership with the Kansas City Metro Networking Job Club. Check out job openings, tout your talents and post your resumes. Just register on the networking site and check out the resources.

How I Got the Job

  • Autumn WernerAutumn WernerThe job: Surveillance analyst
    The employer: KeyBank Real Estate Capital, in Kansas City, is a division of Cleveland-based KeyBank. KeyBank Real Estate is a full-service real estate finance organization operating in 32 major U.S. markets in 20 states.


Personal Finance Center


Dollars & Sense TV




Navigation

Free Financial Advice

4/9/09

Question:

BRB asks

Who do I talk to for financial advice that does not involve them trying to sell me something? We are 60 and 59, have a 200,000 annuity, are 60-70,000 credit card debt, have a house that is half paid for,own a condo in fl that is not paying for itself, have a good credit rating, not behind on anything, not facing foreclosure, wife on disability, husband still working, Want to pay off credit cards, but don't know how. Should we use part of annuity? I just want to know who to ask for help. Thanks

Answer:

It looks like you would be well served by a comprehensive financial plan which would address your concerns and give you a clear picture of where you are at financially. Financial advisors are paid in two different ways. Some receive commissions for the products they sell you. There are also fee only financial planners who work for you for a set fee and sell no products. In their case you know exactly how much it will cost you up front. It would also be preferable to use a financial planner who is a Certified Financial Planner.

Best Regards,
G. Douglas Dunham

READ MORE...

Submitted by FPA on April 9, 2009 - 2:00pm.
| 1 comment

Recent comments