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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.
Saturday, March 13, 2010 01:01:45 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.
Saturday, March 13, 2010 01:01:45 GMT (breaking)

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

Examining Lehman's Creative Accounting
A new report says Lehman Bros. used accounting tricks to cover up the fact it had been insolvent for weeks before it filed for bankruptcy in September 2008. Lynn Turner, former chief accountant for the Securities and Exchange Commission, discusses the creative accounting techniques the company used to manipulate its books.
Fri, 12 Mar 2010 15:00:00 -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

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

Obama Postpones Trip To Indonesia
President Obama is delaying his trip to Asia next week to focus on his big push on health care. The White House tweeted the announcement. His family was going to go with him but they will not now. The White House wanted Congress to act on the health care bill by March 18, Obama's original departure date.
Fri, 12 Mar 2010 09:30:00 -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

Dream Of A Tropical Resort Inspires Midwest Town
If you build it, they will swim — that's the vision of Elkhart, Ind., where nearly 1 in every 5 people was unemployed a year ago. Situated close to Chicago and Indianapolis, the town is a few hours' drive for 35 million people. So Elkhart is exploring the idea of building a type of tropical resort popular in cold climates in Europe, such as this one in England.
Fri, 12 Mar 2010 00:00:00 -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

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

No Ink, No Paper: What's The Value Of An E-Book?
The electronic publishing revolution is under way, and for consumers, it could mean paying less than ever for books. But some publishers fear lower prices could spell the end of the industry.
Fri, 12 Mar 2010 00:00:00 -0500

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