Finance counsels

Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.N: Quote, Profile, Research, Stock Buzz) may sell some bad assets to the Treasury Department but a decision has not yet been made, the regulator of the two mortgage finance companies said on Sunday.
“They are financial institutions that could sell assets,” James Lockhart, […]

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Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke signaled that their priority is shoring up the nation’s banks even if it means they don’t get taxpayers the cheapest prices for the devalued assets the government buys.
Bernanke told lawmakers yesterday the government won’t pay “fire-sale prices” for the mainly mortgage-related securities […]

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Wally Amos plans to open his new cookie store in Waikiki on Sunday.
The Chip & Cookie “boutique” is located on the second floor of the newly renovated Royal Hawaiian Center above the Cheesecake Factory.
Amos has said the 817-square-foot store will be similar to the 750-square-foot Chip & Cookie store he opened on Kailua Road about […]

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The hiring of full-time accounting and finance professionals in the Charlotte market is expected to fall in the fourth quarter, according to a survey by Robert Half International Inc.
Three percent of chief financial officers in the Charlotte area expect to add staff, and 9 percent anticipate reductions. The majority of respondents, 88 percent, anticipate no […]

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Now that US Airways Group Inc. has put a price on everything from sodas to snacks, the airline is giving passengers a new way to pay.
Starting early next year, flight attendants for the Tempe, Ariz.-based carrier will be outfitted with hand-held, remote control-size credit-card machines. US Airways last week began charging $1 for coffee and […]

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Hoku Scientific will offer up to $54 million in shares to raise money for its polysilicon production plant.
The Kapolei-based technology company (Nasdaq: HOKU), in a filing with the Securities and Exchange Commission on Thursday, said it would offer the shares through a distribution agreement with UBS Securities. The agreement allows Hoku to sell […]

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China will maintain a tight monetary policy to cool price increases and prevent economic overheating, Vice Premier Wang Qishan said.
“China's economy is still facing challenges this year including high inflation, investment growth that hasn't yet come down to a normal level and the global economic slowdown,'' Wang said at the Lujiazui Financial Forum […]

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A Native Hawaiian group blocked access to Iolani Palace in downtown Honolulu, a historic site that is one of the city's most popular attractions.
Several dozen people calling themselves the Hawaiian Kingdom Government locked palace gates and set up no-trespassing signs on the grounds early Wednesday. The protesters were not inside the palace, […]

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Taiwan's central bank said the U.S. Federal Reserve's interest-rate cuts have increased pressure on the Taiwan dollar, the best performing currency in Asia outside Japan this year.
“Foreign interest rates will affect fund flows in Taiwan,'' central bank Governor Perng Fai-nan said in response to a question from a parliament committee member about how […]

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Chipotle Mexican Grill Inc. has reached an agreement with the activist group People for the Ethical Treatment of Animals, with the restaurant company vowing to give purchasing preferences to suppliers that kill chickens more humanely.
The Denver-based restaurant company (NYSE: CMG) has been in discussions with PETA for nearly a year, according to […]

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