The company had discovered that Leavitt made unauthorized cash advances on the company credit card totaling $6,684. The transactions were made between June 22, and July 8.

When Todd Carmichael added his first computerized cash register in 1998 at his Philadelphia coffee shop, La Colombe, it took him days and multiple technicians to do the job. But a few months ago, when he switched to Square’s iPad-powered system at his now twelve cafes that employ 255 baristas, it took just an hour.

It’s this simplicity, along with a few other new features announced today, that Square is betting will attract more medium-sized businesses to its Register app. The San Francisco company is debuting a new way for business owners to manage their store locations as well as a tool that lets them track employee time cards and more.

Founded by Twitter co-founder...

If you look at the line item for cash advances on your Schumer box, you may be stunned by the interest rate your bank charges. A May survey found that the average for cash advances is 23.53 percent – or 8.54 percent higher than the average rate for purchases. Some banks even charge as much as 36 percent for cash advances! But the dangers of cash advances mount. Unlike charges for purchases, most banks begin applying interest the moment the advance is taken – and this is on top of the 5 percent fee most charge to execute the advance.

Top Story

Supreme Court Says Underwater Junior Liens Survive Bankruptcy
By Lorraine McGowen

On March 30, we reported on two cases pending before the US Supreme Court: Bank of America v. Caulkett[1] and Bank of America v. Toledo-Cardona[2]. Each involved chapter 7 bankruptcy cases in which the debtors had no equity in their homes because the houses were worth less than the amount outstanding on the senior mortgage loansthat is, the second lien-lenders were unsecured or totally underwater.

In a chapter 7 case, an individual debtor is able to obtain a discharge of his or her debts, but the debtors non-exempt assets are liquidated by a bankruptcy...


Autopsies are once again being done in Montana.

Some are still being done in Seattle and Rapid City, but the Montana Department of Justice has a temporary medical examiner in place in Missoula, who started doing autopsies last week.A permanent state -medical examiner will begin work in August.

Autopsies have been going out of state with the departure of both the states examiners this year.

The state says one examiner will be based in Billings replacing another examiner who contracted with local counties.

(It was an) awkward system. Difficult to manage, and with the departure of our two medical examiners in Missoula we decided to make changes...

AKRON, Ohio — Once again the owner of the vacantRolling Acres Mall thwarted a potential auction sale, filing Chapter 7 bankruptcy Monday in Delaware District Bankruptcy Court, forcing Summit County to pull the mall from its sheriffs sale and keep the property clenched inits grasp.

It is the second time in eight months that Premier Ventures has filed for bankruptcy within 24 hours of a sheriffs sale. The limited liability corporation filed for Chapter 7 in a California bankruptcy court in October.

Until the new bankruptcy is resolved, SummitCounty remains unable to do anything with the mall, which continues to rot as water and snow pours in shattered skylights and vandals...

Only about 20 % of small businesses that applied for a bank loan last year actually got approved according to the Biz2Credit Lending Index . Many business owners get rejected for a bank loan because they have low credit scores or havent been in business long enough. Small business owners, ever resourceful, have figured out other ways to finance their businesses.

Here are 6 atypical but effective ways to fund a business. Even better, some of them can be used to fund a startup.

(The authors company, Fit Small Business, has a business relationship with several of companies mentioned in this article including On Deck, Kabbage, Lending Club and Fundbox.)

1. Peer2Peer Loans...

Nogales, Ariz.-based Al Harrison Co. Distributors has filed a Chapter 7 bankruptcy petition in US Bankruptcy Court in the District of Arizona.

According to an indictment filed in Las Vegas on Friday, eleven people have now been connected to a fake credit card scheme in the area. The 74 count indictment accuses six women and five men of working together on a scheme in which fake credit cards were used to secure cash advances in Sin City via local casinos.

The charges faced by all 11 indicted include theft, forgery, conspiracy, racketeering and establishing a financial forgery lab. The Clark County jail of Las Vegas was holding two of the eleven charged, Christopher Sarthou and Richard Medina pending arraignment. Warrants for the arrest of the remaining nine in the group...

— Served as a member of the Transportation Committee for 36 years and prior to that, as a staff member for 12 years.

— Coauthored the milestone Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users, which authorized more than $280 billion dollars to modernize transportation infrastructure in the United States.

— Introduced the bill that provided emergency funding to replace the I-35W Bridge in Minneapolis after its collapse in 2007.

— Advocated for improving aviation safety and served as chair of the Aviation Subcommittee.

— Secured funding for the Lakewalk in Duluth, new bridges along Interstate 35, a new airport...