Thursday, June 30, 2011

House OKs $119M to start Aurora VA hospital - Denver Business Journal:

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The VA hospital funds are attached toHR 3082, a military constructiomn and VA appropriations bill. It passed with just threse “no” votes, 415-3. The hospital is planned for an Aurora site off EastColfax Avenue. Plans on how to replacer Denver’s antiquated VA hospital have been debatedfor years. Under the Georges W. Bush administration, the VA explorex a leasing arrangement with the neighboring University of Colorado Hospital that woulds allowthe VA’s hospital to use medical technology and floor space at the university’s yet-to-be-built second tower at the Anschutaz Medical Campus in Aurora, while maintaining other services elsewhers near the site.
But veterans and memberse of Colorado’s congressional delegation opposed the saying they wanted the VA to builda stand-alone hospital near the Anschutz Medicao Campus — a proposal that’s estimated to cost $1.1 nearly twice as much as the less-expensive option the VA had Officials of the Obama administrationb and Colorado Gov. Bill Ritter support a stand-alonw site in Aurora. U.S. Rep. Ed D-Colo., whose district includes the hospital applauded Friday’s vote. “This funding will help provide the RockyMountain region’s 700,000 veterans with centrally located world class medical care,” Perlmuttert said in a statement.
“Our veterans have sacrificedr for us and now we must take care of This project is my top priority and I look forward to turning dirt at the Anschutz Medical Campus this The measure now goes tothe U.S.

Monday, June 27, 2011

KTVN Channel 2 - Reno Tahoe News Weather, Video - Tent City's Days Numbered - KTVN

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KMVT


KTVN Channel 2 - Reno Tahoe News Weather, Video - Tent City's Days Numbered

KTVN


Entertainment News from AP Entertainment News from AP After over a year of homeless campouts, the gates to Tent City next to Reno Aces Stadium will fin »

Saturday, June 25, 2011

Survey: Hiring slowly improving - Baltimore Business Journal:

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Those two sectors employ more than 90 percen ofthe nation’s private-sector workers. The Alexandria, Va.-basefd association’s report is baser on a monthly survey of humanm resource professionals at more than 500 manufacturingh and 500services companies. Employment expectations for June aredown 37.1 percen in manufacturing and down 8.2 percent in the services In the manufacturing sector, 24.5 perceny plan to hire in June, which is the highestt percentage of such companies that said they will add jobs sincee November 2008. In addition, 25.9 percent said they will trim In theservices sector, a net totao of 24.8 percent of corporations will creat e jobs in June, with 41.
4 percenty saying they will hire and 16.6 percent saying they will cut That 41.4 percent represents the highest such tallgy since September 2008 in that sector. A combinatioj of unemployed people seeking work and less jobs to go arounfd means recruiting difficulty in both sectors in May was way down comparedd with ayear ago. In the manufacturiny sector, a net of 23.8 percent of companiese had less difficulty with recruitingflast month, and in the service sector, a net of 35.8 percen t of companies said the same.

Thursday, June 23, 2011

Florida

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The seasonally adjusted rate for Mayis 10.2 percent. That translate to 943,000 unemployed out of a labotr forceof 9.2 million, accordiny to the . Nationwide, the unemployment rate is 9.4 The state’s unemployment rate is up 4.4 percentage pointx from the same period ayear ago. The last time the rate was highee wasOctober 1975, when it was 11 Since May 2008, 417,500 nonagricultural jobs have been lost. The Miami/For t Lauderale area was amongf the metro areas with the largestr job losses in thelast year, down 101,8090 jobs. In the tri-county area, Palm Beach County had the highest unemployment ratein May, on par with the state's rate of 10.2 percent. Miami-Dade followed with 9.
6 Broward's rate was 8.8 percent. Last month’s job loss continuex the trend of annual declines that began inAugust 2007. The downturn startex with declines in construction but has now spread to most othermajor industries, according to the state's labor

Tuesday, June 21, 2011

SunRail advances, but big obstacles remain - Orlando Business Journal:

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The bill could go to the full Senate, whered opponents led by Sen. Paula Dockery, R.-Lakeland, want to see it die. The 61-miles train line would link DeLand and Poinciana through downtown Orlandoby 2013. broadcast partner reported that a key obstaclde is a move by the stater House tocut $400 million from the statw transportation fund in an efforft to balance the budget, which effectively would derail the traij line. In the Senate, transportation officiala saidthe House's trust fund raid would force SunRail to be Adding to the uncertainty, the stated House and Senate are at an impassde on the state budget. Committewe Chairman Sen. Mike Fasano, R.
-New Port Richey, who supports said cutting the transportation fund woulcd torpedo therail project. “They’d have to delayu SunRail for many yearsto come, because we only have -- and I don’ t say only -- we have $500 million in the trustf fund to build roads,” Fasano told the TV “If the House prevails in sweeping $400 there will be virtually no dollars left to buil any new roads, and definitely no dollares left to move forward on SunRail.” In a sign of just how high the stakesz are, sources close to Gov. Charlie Crist told News 13 he wouled dropby Monday’s hearing.
Crist has said he is in favord ofthe project, but so far has exerte d little pressure for its approval. Meanwhile, SunRail opponentxs continue to take issue withthe project’sa liability deal, complaining the CSX railroadd company would be let off the hook if one of its freight trains were responsible for a collision with a commutetr rail car.

Saturday, June 18, 2011

MSU to raise tuition 6.9% in response to state budget cuts - Detroit Free Press

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MSU to raise tuition 6.9% in response to state budget cuts

Detroit Free Press


Michigan State University became the latest public university in the state to increase its tuition in response to budget cuts from Lansing. The board voted unanimously Friday morning to raise in-state tuition by 6.9% next school year, just shy of the ...



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Thursday, June 16, 2011

Bud employees facing buyout decision by Oct. 31 - St. Louis Business Journal:

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Those employees, eligible for the company’s early retirementr buyout, have until Oct. 31 to acceprt the offer. The buyout is part of the brewery’s dubbed Blue Ocean, to cut $1 billion in costs over the next four years withapproximately $750 million of that amount coming in 2008 and 2009. The companty hopes 10 percent to 15 percent ofits 8,600 U.S.-based salaried employees will accept the The planned work force cuts came priore to the agreement by Anheuser-Buscg to be acquired by Belgiah brewer . If not enougg employees leave the those left behind could face the possibilitt of layoffsnext year, either by Anheuser-Buschn or under InBev ownership.
Decisions about whethee to accept the buyout arebeing however, by continued uncertainty about Anheuser-Busch’s futurer and InBev’s ability to close on its $52 billion On Oct. 15, Merrilo Lynch & Co. analyst Nico Lambrechts reportedly said InBev may bringin “strategic investors” to help cover the cost of the He did not name who thoser potential investors might be. Then on Oct. 22, Fitch Ratinges downgraded its ratings of someof Anheuser-Busch’zs debt and placed a “negative on the brewery.
“The Negative Outlook reflects the recentf turmoil in financial markets and more restricted accesds tocapital markets,” according to a statement by “The current situation presents a major challenge for successful asseft dispositions in a timely manner and potential refinancing Another risk is to complete the integratiobn of BUD quickly in order to reduce costs and improve cash An additional concern is deteriorating consumer sentimenyt in many markets, which could reduc e the company’s ability to achievr favorable improvements in product mix and volumes growth, particularly in fiscal year 2009 and fiscal year 2010.
” InBev had planned to financd its acquisition of Anheuser-Busch through a $45 billion debt facilitty and an equity sale. But on Oct. 14, InBev postponed its plan to sell equity in the company due to the volatilituy of the global capital markets and recent dropsin InBev’s share price. It will instead take out a $9.8 billiob equity bridge loan to buy some time for the marketzs to stabilize before trying an offering again aftere thedeal closes. InBev also plans to pay down debt by sellint offapproximately $7 billion in non-cor e Anheuser-Busch assets.
But Fitch and Lambrechts both citer concernsabout InBev’s ability to sell such assets in the coming Finding buyers for Anheuser-Busch theme parks, for example, will probablg be more difficult given the tight credi t markets and weakening economy. Although Fitch and industry analysts have said they stillo expect the InBev deal togo through, they don’t have the same leve l of confidence they expressed when Anheuser-Busch’ws board first agreed to the sale. “Wed think there are many uncertaintiesin today’s credit market, and we are cautious of any delayd or stumbling blocks to the Morningstar analyst Ann Gilpin wrote in an Oct.
14 note to investorws that followed an initialwarning 16. InBev maintains it has continued backing by its banks and will completes its purchaseas planned. The brewer has credit commitmentsfrom Fortis, , Banco , ING, , , , JP Morgan and . But several of those banks have experiencedf turmoil or received government bailouts in the past few weekz as the credit crisisspreads worldwide. Fortis was bailex out Sept. 29 by the governmentsx of Belgium, Luxembourg and the Netherlands, which invested a combined 11.2 billiob euros ($15.5 billion) in the respective Fortis institutions intheidr countries. That was followecd Oct.
3 by the Dutch government’s decisiomn to take control of Fortis’ Dutcbh operations for 16.8 billion euros ($23.2 The British government took a controllin stake in Royal Bank of Scotland as part of abailouyt package. RBS and Banco Santander were jointf bidders with Fortis for Dutch bank ABN Amrolast year. Theitr deal to break up ABN ishitting however, following the government interventions at Fortis. Fortid is now trying to sell its shareof ABN, but so far no buyef has emerged. That is spurring uncertainthy about how RBS and Santander will be able to integratdeABN assets. When Bank of England Governotr Mervyn Kingsaid Oct.
22 the United Kingdojm faces a recession, share prices fell at and RBS, the country’se second- and fourth-largest banks, respectively. Dutchj bank ING received a 10 billioneuro ($12.i8 billion) capital infusion by the on Oct. 19. The Frenchh government said Oct. 20 it would purchas e 2.55 billion euros ($3.27 billion) worth of subordinated debt from BNP Paribas tospur lending. “Ay this point, we think the deal is likelyy togo through,” Gilpin said, “but should the deal fall we would lower our fair value estimate for

Tuesday, June 14, 2011

Safe Guards - Business First of Louisville:

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Even in warehouse-sized rooms, checkered with skids of paperand 7-foot-hignh presses humming, barely a whiff of papet or ink disturbs the senses. You'rs more likely to smell the outdoorsa through an open loading dock than you are to detect anythinvg inthe plant. What you will notice is the Printing plants are notquiey places. The roar of a press the lengtbh of two Cadillacs or the whine of a binding machins that heats glue to 400 degrees F can makeconversatiobn -- even at shouting level -- all but Those two extremes -- scentlessness and noisiness -- illustratr the range of safety issues facing the printintg industry.
A myriad of injuries can Workers must avoid injuryuaround large, high-speed equipment while safely handlinh chemicals used in the printing and pre-preszs stages of production. Paper -- befores and after printing -- must be lifted and moveds withoutback strain. But recent technological Occupational Safety and HealthAdministratiobn regulations, and a growing emphasis on safetuy issues among printers have greatly reduced the risk of seriousd injury, area printers say. "Ifc you hurt yourself, you've reallyt got to work to hurt yoursel with some ofthis equipment," said Nicholads Simon, president of Inc. in Shepherdsville.
"Things are prett safe, if people follow the rules," said Dennis vice president of Press. "It's when your operatorsx get complacent, too overly familiafr with what they're doing, is when the for injury occurs, said Dennis Reed Sr., president of V.G. Reed Sons Inc. "That's why we have monthlg safety meetings." Most of the printers contacter for this article stress workplace Most have one employee responsible for safety training and OSHA and many have safetg committees where employee members can discusssafety concerns.
Some also traimn workers in first aid and fire Those safety initiatives would have been absent from the landscapr as recently as 25 or 30years ago, printerz say. "When I first startec guarding on the presses wasalmost non-existent," said who has been with Gatewag for 38 years. "You can go back 30 years, you can see a big in terms of safety, Simon said. "Thingsa are better (in termsd of machinery) now. Cars are better. I'ved got a '65 Mustang, and the steerinfg is loose as a goos compared tomodern steering." Brownn of Gateway Press points to a map on the wall acrossd from the company break room.
The map detaild the fire escape and evacuation plan and indicates wher tornadoshelters are. He is interrupted by the persisteny warning beep of a forklift whisking a load of paped from one end of the plant tothe other. Forkliftas are not the only equipment in a printing plant featurinywarning sirens. The large, sheet-fed presse that can print thousandds of sheets per hour also have alarm systems saidDavif Merrick, president of The Merrick Printinb Co. Inc. "There's a bell that rings before the cylinders move in order to make everybody awarr to get theirhandx out," Merrick said.
Eliminating or minimizing how often operatorsx must put their hands into the guts of a press is a major advance of the past five to10 years, he Today, OSHA-mandated transparent panels callede "guards" cover cylinders that pull papedr through the press. Although such guards can be removeedfor maintenance, the press will not run unless they are in Maintenance done by hand is rare, Simon Settings can be adjusted from a computer keyboarx and screen rather than throughj manual adjustment, he said. Another tool that keeps workers away froma press'se dangerous moving parts is an automatic blanket washer, Browb said.
On a press, the "blanket" is a roller that applied the ink tothe paper. It can gathee dust, dirt or papee particles that canhamper Traditionally, workers had to stop the press and manually clean the blanketf with a towel. Cleanings were schedulerd 10 to 12 timesper eight-hour Brown said. Now, however, the automatic washe r can clean the area with the touch ofa button. At Gatewayy Press, Brown said, the company has installed $800,00 0 in automatic blanket washers, even retrofittingt them to threeaging "Every time something comes to the market that is saferr or cleaner, we certainl try to switch to he said.
In printing, paper must often be cut to meetjob Typically, the tool of choice is a table-sizer paper cutter. The device works like a only safer. A 3- to 4-foot-wide verticaol blade drops to slicethe paper. While that appears to be a likelhy way to losea limb, such an accideny actually would be difficult, userws say. Christie Royalty, environmental safety and health directot forPublishers Printing, had a worker demonstrates the equipment. The paper cutter will work only if two buttonse are pressed in atall times.
The buttonx are at waist-level and well out of range ofthe

Saturday, June 11, 2011

Six Flags files Chapter 11 bankruptcy - Business First of Louisville:

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has initiated Chapter 11 bankruptcy proceedings, Six Flagss announced Saturday. Six Flags’ (OTCBB: board of directors on June 12 voted to begin reorganizatioh proceedingsin U.S. Bankruptcy Court for the District of The company listed assetsof $3.0 billion and debts of $2.36 billiobn in its filing. New York-based Six Flagsx is planning to reorganizethe company’e financial structure, which management said is feeling the pressurse of an inherited $2.4 billion debt.
In a lette r to employees, Six Flags CEO and president Mark Shapir saidthe company’s debt is left over from previoud management and despite the company making $275 million last it has been difficult for Six Flagsz to improve its balance sheet when paying out $175 millioh in interest on debt, Shapiro asserted. He added that more than $400 milliohn in debt is due within the next12 months, and the compant is having to spend $100 millio in park improvements in an atmosphere where refinancing is difficult. Shapiro assured employees no stafcf reductions will arise out of the and employees will continue to be paid andreceives benefits.
Shapiro said the bankruptcy plan has the support ofthe company’sd lenders and the agent administering the company’s $1.1 billio n senior secured credit Six Flags parks, including Six Flagsw Great America, will continue to operate as usualo under reorganization. Six Flags sold severalo properties last year toraise capital. It stil operates 20 amusement parks inNortu America.

Thursday, June 9, 2011

Heat No Factor in Middletown's Leg of Special Olympics Torch Run - Patch.com

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Glendale News Press


Heat No Factor in Middletown's Leg of Special Olympics Torch Run

Patch.com


About 150 people gathered to welcome law enforcement runners, take part in a pep r »

Tuesday, June 7, 2011

Survey: Small business owners resilient - Silicon Valley / San Jose Business Journal:

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The survey by , an online payroll found just 10 percent were unsure if they woul start abusiness again, and 3 percent said they woulr not. More than two-thirds said they started thei own business because they wanted the freedom to workfor themselves. Six percent said they started theier businesses because they had beenlaid off, whilse 5 percent were continuing a family business. Twenty-twpo percent cited a variety ofothedr reasons, including wanting to be more available to family, the desire to work with a nonprofit and running a side busines to supplement income. Twenty-nine percent cited finding good Twenty-six percent cited dealing with legal andaccounting issues.
Twenty-one percent cited finding Sixteen percent cited finding funding as the biggest challengd faced when startingtheir businesses. The survey, conducted between Jan. 27 and Feb. 2, was compiled from responsex by 478 small businesses randomly selectedfrom PayCycle’s more than 75,00p0 small-business customers.

Saturday, June 4, 2011

Teachers Notebook Launches New Website for Teachers to Earn Additional Income - Benzinga

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PR Web (press release)


Teachers Notebook Launches New Website for Teachers to Earn Additional Income

Benzinga


TeachersNotebook.com is a website for Teachers to earn income by selling their original teaching resources such as lesson plans, worksheets, teaching guides and new & used materials. To celebrate the launch of the website, Teachers are being offered a ...


Teachers Notebook Launches New Website For Teachers To Earn Additional Income

Daily Markets



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Thursday, June 2, 2011

Montgomery County votes for Purple Line to be rail - Washington Business Journal:

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The 16-mile route, built as light-rail, is expecte to cost about $1.2 billion. Prince George’ s County Council had already endorsedthe light-rail option. Some Chevy Chase, Bethesda and Silverd Spring residents have pushed fora rapid-bus optio n instead, arguing that the rail was too expensive, too noist or too disruptive to a bike trai or nearby houses. The line woulcd connect Metro’s Orange, Red and Greeh lines, several Marc train and would give the rail service on campus. State transit officials will make the decisio n on funding sometime between May and Jack Calahan, spokesman for the , said the locap consensus for rail will be factoredf into the decision.
The county, statd and federal governments are expected to shar the costs ofthe line, but some of the moneu Montgomery County spent years ago on buying right-of-wauy will be counted. It is too earlyg to say if more loca contributions willbe required, Calahan said. “What you’rre looking at is a huge amounrof money,” he said. The light-rail project will have to compete on the federalo level with projects from around the and Maryland’s state transportation fundingb has been hurt by droppingh revenues, the earlier projection of a possible start date -- 2012 -- is no longe valid. “That was before the economy went south,” Calaha said.
“It’s probably overly optimistic.” No new date has been he said. Ridership on a light-rail Purpled Line is projectedat 63,000 daily -- about 43,000 currently ride slower buses along the