Daily Blogs News

Ford to lay off 400 at Windsor engine plant. Ford Motor Co. will lay off nearly 400 workers at its Windsor, Ont., engine plant, CBC News has learned. The workers have been told they will be laid off beginning Nov. 1.

President Obama signs into law financial industry oversight bill.
President Obama signed into law a bill that will reshape oversight of the U.S. financial industry. The legislation includes the creation of a new consumer protection agency, sets new limits on banks using capital for trading and investing in hedge funds, and gives the government power to close down troubled financial firms.

“These reforms represent the strongest consumer financial protections in history,” the president said. “And these protections will be enforced by a new consumer watchdog with just one job: looking out for people — not big banks, not lenders, not investment houses in the financial system.”

WASHINGTON POST INVESTIGATION: Top Secret America: The secrets next door.

The third installment of The Post’s investigation into the growth of top-secret government work after Sept. 11, 2001, takes readers to the capital of Top Secret America. Fort Meade, Md., anchors the largest of a dozen clusters of top-secret government organizations and the companies that do work for them. They are in otherwise ordinary suburbs where hotels rent eavesdrop-proof rooms, road signs advertise job fairs for workers with top-secret clearances, and even the manhole covers are not what
you might expect.

Around Fort Meade, as in suburbs across the nation, the intelligence community goes about its anonymous business. Its work isn’t seen, but its impact is surely felt.

Read today’s story and review the first two parts at washingtonpost.com/topsecretamerica

eToro – World Finance Award. eToro Snags a World Finance Award for Most Innovative Trading Platform 2010

The eToro platform, already a trader favorite, has now received a nod of appreciation from the financial trading industry as a winner of one of World Finance’s prestigious annual awards.


eToro’s (www.etoro.com) innovative approach to financial trading has been making waves for quite some time now among traders worldwide. The platform’s user friendly graphic interfaces and wide range of ground breaking community tools have captured the attentions of novices and experts alike, who now take part in eToro?s vibrant and active social trading network. With its open and daring approach, eToro has now managed to not only become one of the most popular trading platforms online, but to also receive a seal of approval from an already established financial institution.

“Our vision is to become the first global market place for everyone to trade and invest their funds in a simple and transparent way”, said eToro CEO, Johnathan Assia. “eToro already transformed the way people trade today, and we thank our community of over a million traders for helping us win this award that recognizes eToro’s achievements in the financial trading arena”

World Finance magazine launched its annual World Finance Awards in 2007 with the goal of identifying industry leaders that represent the benchmark of achievement and best practice in the financial and business world. With the exponential growth witnessed in the financial industry throughout the last decade, these awards provide an invaluable service to the financial consumer by pointing out the standouts among the countless seemingly identical financial service providers out there. The same is doubly true for the FX market, where new online companies seem to mushroom by the hundreds overnight. “We are rapidly becoming a benchmark for performance providing a very accurate indicator of who is leading the FX market,” said World Finance magazine representative, “Our awards are not just about handing over a prize; they are part of a broader process that’s designed to last. The awards are a tangible demonstration to clients that the company they’re looking at has something unique to offer.”

To determine the winners, World Finance magazine used an independent panel of judges headed up by Editor Alexander Redcliffe. The Panel followed up on the countless nominations, suggestions and contributions of World Finance readers to explore and analyze new trends in order to unearth the best and the brightest pioneers in the FX marketplace.

“We couldn’t be more thrilled and honored to win this particular award,” said Assia. “To know that our platform was nominated and then chosen out of the hundreds of nominations is a sign that we must be doing something right. It is especially rewarding to know that our push towards innovation, which has been one of eToro’s core values from the start, hasn’t gone unnoticed. The challenge now is to keep innovating so we can have a shot at next year’s award as well!”

As for eToro’s community, they will certainly be thrilled to know that their platform of choice is leading the way in cutting edge trading technologies, and intends to continue to do so for years to come.

Start now to promote the most innovative Forex Platform Advertiser Detail

Bank of Canada hikes interest rate. The Bank of Canada has raised its benchmark interest rate by 25 basis points, the second straight time it has done so after keeping rates at unprecedented lows for more than a year. The rate now sits at 0.75 per cent.

Top Secret America: National Security Inc. The growing role of contractors in national security and intelligence has raised concerns about conflicts of interest and the government’s ability to control its most sensitive work. Read the second part of The Washington Post series Top Secret America, by Dana Priest and William M. Arkin, at washingtonpost.com/topsecretamerica.

Vader arrested in early-morning raid. RCMP in Alberta say they have arrested Travis Vader, wanted for questioning in the disappearance of Lyle and Marie Ann McCann. The Edmonton-area couple have not been seen since July 3. Vader was arrested early Monday near Ninton Junction, Alta.

THE WASHINGTON POST LAUNCHES ‘TOP SECRE’.
The top-secret world the government created in response to the terrorist attacks of Sept. 11, 2001, has become so large, so unwieldy and so secretive that no one knows how much it costs, how many people it employs, how many programs exist within it or exactly how many agencies duplicate work.

Washington Post reporters Dana Priest and William M. Arkin spent two years on their investigation, and the resulting series begins this morning at washingtonpost.com/topsecretamerica.

Visit the site for an innovative online reading experience, accompanied by a searchable database of government organizations and corporate contractors that do top-secret work; details on what that work entails; and the cities and states where that work is done.

EBC Brakes: The EBC Brakes are some of the best OEM replacement brakes on the market. Very popular among the US domestic market, EBC has a wide selection of products. Anything from low dust brake pads to high performance rotors. We carry the entire EBC Brake lineup for performance and luxury cars as well as several trucks and SUV models.

Volant Intakes: This new addition to the Vivid Racing catalog is considered the largest competitor to K&N. Typically found on performance oriented cars, the Volant intakes provide superior air filtration and higher air flow. The re-usable filters are a great way to recoup and save money over time.

These two products are just a few of our 80,000 part product catalog now available

Small plane crashes in Quebec. A plane carrying as many as six passengers has crashed in the region of Maria-Chapdelaine, north of Lac Saint-Jean. A search and rescue flight is on its way from CFB Trenton and a military helicopter is en route from CFB Bagotville.