Word: billing
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...Bill Gross, the head of PIMCO, has joined other bears by claiming the U.S. economy is entering a "new normal" era of slower economic growth and limited stock returns because American consumers have become thriftier. Instead of spending, they are paying off their heavy debts, and this will weigh on corporate earnings indefinitely. Yet it is world economic growth, not U.S. growth, that will dictate future stock returns. S&P 500 companies now obtain almost half of their revenue and profits outside the U.S. That share will most certainly rise as growth in the emerging nations continues to outpace that...
Last Tuesday, the Massachusetts State Senate held a hearing on a proposed bill which would permit local municipalities to set aside preferred parking spaces for eco-friendly vehicles. Under the bill, local cities and towns would have the option of creating spots specifically for low-to-zero emissions vehicles like hybrids...
...bill, which has been considered in committee on several occasions prior to Tuesday’s hearing, would amend the current law on emissions standards set up by the Massachusetts Department of Environmental Protection by adding a new paragraph stipulating that “any city or town...may further regulate the parking of vehicles by restricting certain areas...for the parking of any vehicle bearing a distinctive plate identifying such vehicle as a low emissions vehicle...
...bill, petitioned by Senators John A. Hart, Jr. and Sonia Chang-Diaz, also specified that the penalty for violating preferred parking spaces would be a fine between...
...office of Chang-Diaz said that this bill would not lead to a state-wide mandate for preferred parking spaces. Rather, it would provide city and town municipalities the option of creating preferred parking spaces if they see the need. Costs for implementing the program would fall to the municipality setting them...