Tax prep company opens in Fort Mill
FORT MILL -- United Tax Service has opened at 3312 U.S. 21, Unit 108, in Fort Mill.
The new company offers Rapid Refund, electronic filing, tax planning strategies, tax preparation and bookkeeping, among other services. The owners are Crystal and Bobby Davis.
Hours are from 9 a.m. to 7 p.m. Mondays through Fridays and 9 a.m. to 5 p.m. Saturdays. For more information, call 803-802-3336 or go to unitedtax-fortmill.com. A ribbon-cutting will be at noon today, with assistance from the York County Regional Chamber of Commerce.
New assisted living facility in Rock Hill
Agape Senior Assisted Living has opened at 1785 Lexington Commons Drive in Rock Hill.
The new retirement campus offers assisted living, dementia care, enhanced care and independent living services. The director is Mickey Rollings, a licensed practical nurse, and the marketing director is Jennifer Peay.
Tours are available seven days a week. For more information or to schedule a visit, call 803-207-8000. A ribbon-cutting will be at noon Wednesday, with assistance from the York County regional Chamber of Commerce.
GM, Chrysler offer new retirement, buyout plans
DETROIT -- General Motors and Chrysler are offering blue-collar employees another round of buyout and early retirement offers as the automakers try to cut their work forces and reduce expenses, union officials said.
GM detailed its offers in an e-mail message to local union officials Monday, according to a union official who spoke on condition of anonymity.
Chrysler made its offers Friday to all hourly workers represented by the United Auto Workers except those at the company's Kenosha, Wis., engine plant, according to a memo detailing the offers that was obtained by The Associated Press.
Mattel fourth-quarter profit falls by nearly half
NEW YORK -- As toy maker Mattel reported that its profit fell almost by half for the key fourth quarter and more than one-third for the year, it said Monday that it will raise its prices and cut its 2009 spending, including on advertising.
Analysts had expected Mattel to report weak results for the quarter that included the worst holiday season in decades. But the company's profit and sales fell further than most predicted, and its shares fell more than 16 percent in trading Monday.
Banks still tightening loan standards, Fed says
WASHINGTON -- Many banks have made it harder for borrowers to obtain all kinds of loans over the last three months despite a $700 billion federal bailout program and a flurry of other bold moves to stem the worst financial crisis to hit the country since the 1930s.
The Federal Reserve in its quarterly survey of bank lending practices released Monday found large numbers of banks reporting tighter credit standards across a broad range of loan products -- from credit cards and home mortgages to business loans.
