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Financial - Page 17

Gas Pumping
(Photo by Justin Sullivan/Getty Images)
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Gasoline Prices Slightly Lower

The price at the pump has dropped three cents, locally, in the past week.

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Choate family (Seated from left are Jerrie Ammons Choate, Dennis Choate and Jessica Choate McGrath holding Addison McGrath. On the back row are Cary Bruno, assistant academic coordinator for NSU Athletics; Denney Choate and Mike McGrath)
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Mansfield Family Creates Endowed Scholarship at NSU

A Mansfield family has created an endowed scholarship at Northwestern State University to benefit a student from DeSoto Parish. The Jerrie and Dennis Choate Endowed Scholarship is a two-year award that will benefit a student pursuing an education degree

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Photo by: skuds/Flickr
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Mayor Glover’s Street Proposal “Hits the Road”

Shreveport Mayor Cedric Glover hosts a series of public meetings -- beginning tomorrow. He'll kick things off at Winnfield Funeral Home on Hollywood Avenue at 6 tomorrow evening, to present details about his plan to provide speedier relief for the city's crumbling streets and sidewalks

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The Shreveport Fire Department’s “Golden Hour”

Tomorrow will be a busy one for Shreveport firefighters. Not only will they be installing smoke detectors in the MLK area, they'll also participate in the American Heart Association's Annual "Golden Hour

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jeku arce, Flickr
jeku arce, Flickr
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Raleigh, NC Is the Best City to Live — Did Shreveport Make the Top 20?

The 377,487 residents of Raleigh, the state capital of  North Carolina, have something to cheer about as their city has been rated the number one city to live in the nation by Businessweek.com’s first-ever ranking of America’s Best Cities.

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Justin Sullivan, Getty Images
Justin Sullivan, Getty Images
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Netflix CEO Apologizes for Rate Increase, Announces Company Will Split Into Two Divisions

In the wake of unpopular rate increases that caused customers to cancel subscriptions in droves and resulted in the company stock nosediving, Netflix CEO Reed Hastings apologized in a blog post on Sunday.

“I messed up,” he said. “I owe everyone an explanation … In hindsight, I slid into arrogance based upon past success.”

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Chip Somodevilla, Getty Images
Chip Somodevilla, Getty Images
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President Obama Reveals $3 Trillion Plan to Cut the Deficit [VIDEO]

In a speech given from the White House Rose Garden on Monday, President Obama proposed a $3 trillion plan to cut the deficit, with half of that amount covered by increased taxes on the wealthy and another $800 million financed by letting the Bush-era tax cuts expire.

“If we are going to make spending cuts… then it is only right we ask everyone to pay their fair share … We can’t afford these special lower rates for the wealthy. We can’t afford them when we are running these big deficits,” he said.

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Davis Turner, Getty Images
Davis Turner, Getty Images
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Bank of America to Cut 30,000 Jobs As Part of $5 Billion Reductions

On Monday, Bank of America announced that part of its plan to cut $5 billion in spending by 2014 includes the elimination of 30,000 jobs.

CEO Brian Moynihan made no mention of layoffs during an investor conference, and the bank says it expects the job losses to occur naturally through attrition and not rehiring when people vacate their positions.

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Scholarship Deadline Quickly Approaching

The Shreveport Journalism Foundation is offering two $1,000 scholarships for college juniors or seniors -- and the application deadline is quickly approaching. Interested students, who reside at or attend a four-year college in the 10 northwest Louisiana parishes, have until September 1st to apply

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Jeff J. Mitchell, Getty Images
Jeff J. Mitchell, Getty Images
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Countries Debating Taxing Motorists Based on How Much They Drive

Picture the government placing a GPS on your car and tracking every mile you drive. Now, imagine being charged a tax based on those miles, your vehicle’s fuel efficiency rating and the time of day you drove. Such a system is being explored in car-clogged regions of Europe and Asia. Even the US is interested in studying mileage charging systems.

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