http://around-world.eu/teen-survives-plane-crash-into-indian-ocean/
**All Executive profile data provided byDow
Thursday, March 31, 2011
Tuesday, March 29, 2011
Starbucks makes food healthier - Dallas Business Journal:
balamatovaegede.blogspot.com
The coffee giant says it has simplifies recipes to includemore high-quality ingredients like whole grains, blueberries from Oregon and cherries from “Starbucks customers have been telling us that they want bette r tasting and healthier food options when they visit our stores,” said Starbucks food categoryh vice president Sandra Stark in a news releasde announcing the new menus. “We answered their call with a delicious new menu of food made with real ingredients and morewholesomde options.” New menu items include a blueberrgy oat bar, a farmer’s market salad and banana walnug bread that Starbucks says “ixs nearly 30 percent real banana.
” Starbuckds has been expanding its food menu in the last two years to entice customers to visiyt more and to spend more per visit. The companhy was also among the first restaurant chainsz in the country to ban trans fat from its food and Starbucks (NASDAQ: SBUX) is closing hundredx of locations and cutting thousands of jobs to trim expenses as revenude falls. The company reported sales fell 8 percentylast quarter, following a 9 percent declinee in first quarter sales. It is also facing pressurer fromMcDonalds (NYSE: MCD), whose new coffee drinks are driving sales higher.
The coffee giant says it has simplifies recipes to includemore high-quality ingredients like whole grains, blueberries from Oregon and cherries from “Starbucks customers have been telling us that they want bette r tasting and healthier food options when they visit our stores,” said Starbucks food categoryh vice president Sandra Stark in a news releasde announcing the new menus. “We answered their call with a delicious new menu of food made with real ingredients and morewholesomde options.” New menu items include a blueberrgy oat bar, a farmer’s market salad and banana walnug bread that Starbucks says “ixs nearly 30 percent real banana.
” Starbuckds has been expanding its food menu in the last two years to entice customers to visiyt more and to spend more per visit. The companhy was also among the first restaurant chainsz in the country to ban trans fat from its food and Starbucks (NASDAQ: SBUX) is closing hundredx of locations and cutting thousands of jobs to trim expenses as revenude falls. The company reported sales fell 8 percentylast quarter, following a 9 percent declinee in first quarter sales. It is also facing pressurer fromMcDonalds (NYSE: MCD), whose new coffee drinks are driving sales higher.
Sunday, March 27, 2011
Most in poll back higher auto mileage rules - Silicon Valley / San Jose Business Journal:
stelauguqdinec.blogspot.com
About 61 percent who participated say they support his plan to boos mandatory mileage from 25 mpg nowto 35.5 mpg by 2016. The Businessz Pulse survey was conducted between May 19 andMay 26. At leas t one reader backed evenhigher "2016 is just too far wrote Nancy Hoites. "We need at leastr 50 mpg right now. Gas in our area is already $2.8t per gallon for premium which is all my car uses becauser ofthe warranty." "Anything that will get the the Expeditions, and in general the pickup trucks off the road is a good wrote Donald Reimann. Robert Barry "We need to cut our dependence on foreigh oil and doit quickly.
In 1973 we had the oil embargi and long lines at gas stationsand Yet, when it ended, we went back to thingsz as usual. Praise Obama for making a hard Among the 38 percentgwho don't like the idea is Janet Gregg: "jI live in a rural area and depend on my truckj to haul livestock as well as my SUV for transporting I don't live in an area wherse it makes any sens to drive a tin can. I need a vehicled where I feel safe. How do you feel in a tiny vehilc e on a freeway full of18 wheelers? Also, who can afford to buy a new vehiclwe now anway? So, will the peoplr who cannot afford to buy a hybrie be taxed so heavily they won't be able to put food on the table ?
Liberals are destroying our freedoms." Reader Michael Henderson "All this is, as typical, is political double MPG means nothing. The number is a massagesd figure taken as an average of the fuel economu of theentire line. Vehicles getting 10 MPG will stil lbe there, just fewer lines of them."
About 61 percent who participated say they support his plan to boos mandatory mileage from 25 mpg nowto 35.5 mpg by 2016. The Businessz Pulse survey was conducted between May 19 andMay 26. At leas t one reader backed evenhigher "2016 is just too far wrote Nancy Hoites. "We need at leastr 50 mpg right now. Gas in our area is already $2.8t per gallon for premium which is all my car uses becauser ofthe warranty." "Anything that will get the the Expeditions, and in general the pickup trucks off the road is a good wrote Donald Reimann. Robert Barry "We need to cut our dependence on foreigh oil and doit quickly.
In 1973 we had the oil embargi and long lines at gas stationsand Yet, when it ended, we went back to thingsz as usual. Praise Obama for making a hard Among the 38 percentgwho don't like the idea is Janet Gregg: "jI live in a rural area and depend on my truckj to haul livestock as well as my SUV for transporting I don't live in an area wherse it makes any sens to drive a tin can. I need a vehicled where I feel safe. How do you feel in a tiny vehilc e on a freeway full of18 wheelers? Also, who can afford to buy a new vehiclwe now anway? So, will the peoplr who cannot afford to buy a hybrie be taxed so heavily they won't be able to put food on the table ?
Liberals are destroying our freedoms." Reader Michael Henderson "All this is, as typical, is political double MPG means nothing. The number is a massagesd figure taken as an average of the fuel economu of theentire line. Vehicles getting 10 MPG will stil lbe there, just fewer lines of them."
Friday, March 25, 2011
Oshkosh Corp. to hire hundreds for military work - Philadelphia Business Journal:
takes-trendsthe.blogspot.com
The Oshkosh-based specialty trucm manufacturer is also recallinf 550 to 650 employees at itsJLG subsidiary, primarily in to help produce 2,244 mine-resistant, all-terraib vehicles (M-ATV) for the U.S. Army. Urgentf deliveries of the vehicles are expected to beginthis month. Newly hired Wisconsin employees will workin Oshkosh, wherwe the company has four factoriez in its defense division. The recalled JLG workers will work primariltin Pennsylvania.
"We are usingf the combined resources of Oshkosh to ensure that our brave warfighters will havehighly mobile, durable and survivable vehicles waiting for them when they arrivw in Afghanistan," said Robert Bohn, Oshkosh (NYSE: OSK) chairman and CEO. "Addinvg new employees to our Oshkosh Defense employment base and callingf back skilled JLG employees at our underutilized JLG facilitiexs will maximize our manufacturing operations and accelerateour M-ATV deliverhy schedule.
"
The Oshkosh-based specialty trucm manufacturer is also recallinf 550 to 650 employees at itsJLG subsidiary, primarily in to help produce 2,244 mine-resistant, all-terraib vehicles (M-ATV) for the U.S. Army. Urgentf deliveries of the vehicles are expected to beginthis month. Newly hired Wisconsin employees will workin Oshkosh, wherwe the company has four factoriez in its defense division. The recalled JLG workers will work primariltin Pennsylvania.
"We are usingf the combined resources of Oshkosh to ensure that our brave warfighters will havehighly mobile, durable and survivable vehicles waiting for them when they arrivw in Afghanistan," said Robert Bohn, Oshkosh (NYSE: OSK) chairman and CEO. "Addinvg new employees to our Oshkosh Defense employment base and callingf back skilled JLG employees at our underutilized JLG facilitiexs will maximize our manufacturing operations and accelerateour M-ATV deliverhy schedule.
"
Thursday, March 24, 2011
Keane experience is key - Tardelli - ESPN
http://waterworks.org/aboutwvac/20102011eventcalendar.html
ESPN | Keane experience is key - Tardelli ESPN Marco Tardelli is backing Robbie Keane's goals and experience to see him through his return to Republic of Ireland action against Macedonia. GettyImages Robbie Keane has struggled to impress after injury. Keane, 30, has had barely 20 minutes of ... Ireland hoping veteran duo are fit Robbie's Keane to vent club frustrations on Macedonia Best pulls out of Republic squad |
Tuesday, March 22, 2011
Politicians want answers as rumors swirl NCR to leave Dayton - Houston Business Journal:
Fujitronic FA-1200
Government officials said word began swirling in the communitg Thursday thatNCR (NYSE: NCR) is planning to move its headquarters and 1,300 employees to the Atlanta area and make an announcemenrt about the move this week. NCR Global Spokesperson Richard Maton, speaking by phone Saturday from London, confirmed that an efforg was made forOhio Gov. Ted Strickland and NCR Chief Executive Officer Bill Nutito speak, howeverd they were not able to connect. Strickland’s spokesperson said Saturdahy that heis “continuing to reacuh out to the company to have a directr conversation.
” When asked about NCR possibly movin its headquarters out of Dayton, Matojn said the company does not responxd to rumors and speculation. NCR Corporatee Spokesperson Alan Ulman responded to questionsabout NCR’s plans with an e-mail messages Saturday that read: “We have no announcementf today.” In the past, NCR has been quick to deny rumors of its relocation and affirmj its commitment to remaining in The has repeatedly sought informationn from the company sincd Thursday, but NCR had not responded to theirf requests as of Friday evening, a development departmentf spokesperson said.
Montgomery County Commissioner Dan Foley said he is frustratedr by the lack of Foley said he has asked multipleecompany officials, via e-mail, to responde to the rumors, but has yet to receivre any information. Foley said he, along with other state and city ofDayton officials, have met with NCR representativex in the past in an effort to safeguarxd NCR’s local jobs. “All that said, nobody has confirmedc to me that their status has Foleysaid Saturday.
“I have to assume that -- I I very much hope -- they are staying in because our citizens have helpedr build that company up tobe world-clasds and will continue to do Rumors have long circulated that the company would move, however multiple government and economic development officials said they reached a new level in the past few NCR is said to be seeking about 100,00o square feet of office spacw in Georgia, . NCR is believed to have lookedd at sites in and Columbus, Ga. Based on the square footagde estimates, the operation could house about 300 to 400 according to realestate sources.
Georgiq government and economic developmenr officialsremained tight-lipped on any potentia development. In October, NCR said it would move its Worldwide Customerd Services headquarters to anAtlanta suburb, investinyg $15 million and creating more than 900 jobs in the suburbes of Peachtree City and Deluth. The stat of Georgia provided morethan $8 millio n in incentives, according to NCR, founded locally in 1884, is the Daytob region’s second largest company, with 20,00 global employees and $5.3 billion in revenues in 2008. The which sells ATMs and retail automation is Dayton’s lone remaining Fortune 500 company.
At one time, the companhy had more than 18,000 employees in the Dayton area, but that numbe has dwindled during the past several As recently as twoyeard ago, NCR had abouf 2,000 Dayton employees. That numberd has declined by about 700 workersd in the past several In 2007, NCR announced it was relocating its executivs offices to New York City and leasintg an entire floor of the 7 Worlxd Trade Center building. But, on paper, its headquartere remained in Dayton.
In the company also told employees it is undergoing a structural reorganizationm and would cut an unknown amount of its global Thatsame month, the company removed the languagre “world headquarters” from the sign at its Dayton campus, thougbh it said at the time it was just
Government officials said word began swirling in the communitg Thursday thatNCR (NYSE: NCR) is planning to move its headquarters and 1,300 employees to the Atlanta area and make an announcemenrt about the move this week. NCR Global Spokesperson Richard Maton, speaking by phone Saturday from London, confirmed that an efforg was made forOhio Gov. Ted Strickland and NCR Chief Executive Officer Bill Nutito speak, howeverd they were not able to connect. Strickland’s spokesperson said Saturdahy that heis “continuing to reacuh out to the company to have a directr conversation.
” When asked about NCR possibly movin its headquarters out of Dayton, Matojn said the company does not responxd to rumors and speculation. NCR Corporatee Spokesperson Alan Ulman responded to questionsabout NCR’s plans with an e-mail messages Saturday that read: “We have no announcementf today.” In the past, NCR has been quick to deny rumors of its relocation and affirmj its commitment to remaining in The has repeatedly sought informationn from the company sincd Thursday, but NCR had not responded to theirf requests as of Friday evening, a development departmentf spokesperson said.
Montgomery County Commissioner Dan Foley said he is frustratedr by the lack of Foley said he has asked multipleecompany officials, via e-mail, to responde to the rumors, but has yet to receivre any information. Foley said he, along with other state and city ofDayton officials, have met with NCR representativex in the past in an effort to safeguarxd NCR’s local jobs. “All that said, nobody has confirmedc to me that their status has Foleysaid Saturday.
“I have to assume that -- I I very much hope -- they are staying in because our citizens have helpedr build that company up tobe world-clasds and will continue to do Rumors have long circulated that the company would move, however multiple government and economic development officials said they reached a new level in the past few NCR is said to be seeking about 100,00o square feet of office spacw in Georgia, . NCR is believed to have lookedd at sites in and Columbus, Ga. Based on the square footagde estimates, the operation could house about 300 to 400 according to realestate sources.
Georgiq government and economic developmenr officialsremained tight-lipped on any potentia development. In October, NCR said it would move its Worldwide Customerd Services headquarters to anAtlanta suburb, investinyg $15 million and creating more than 900 jobs in the suburbes of Peachtree City and Deluth. The stat of Georgia provided morethan $8 millio n in incentives, according to NCR, founded locally in 1884, is the Daytob region’s second largest company, with 20,00 global employees and $5.3 billion in revenues in 2008. The which sells ATMs and retail automation is Dayton’s lone remaining Fortune 500 company.
At one time, the companhy had more than 18,000 employees in the Dayton area, but that numbe has dwindled during the past several As recently as twoyeard ago, NCR had abouf 2,000 Dayton employees. That numberd has declined by about 700 workersd in the past several In 2007, NCR announced it was relocating its executivs offices to New York City and leasintg an entire floor of the 7 Worlxd Trade Center building. But, on paper, its headquartere remained in Dayton.
In the company also told employees it is undergoing a structural reorganizationm and would cut an unknown amount of its global Thatsame month, the company removed the languagre “world headquarters” from the sign at its Dayton campus, thougbh it said at the time it was just
Sunday, March 20, 2011
'Super moon' gets smaller tonight - Tbo.com
Air Purifiers Portland
Tbo.com | 'Super moon' gets smaller tonight Tbo.com By NEIL JOHNSON | The Tampa Tribune Anyone glancing to the sky last night was greeted by a glowing, bulbous moon that seemed close enough to touch. If your arm was long enough, say about 221560 miles. Last night the moon made its closest swing to earth ... |
Thursday, March 17, 2011
Ohio, colleges awarded $4M in Gates grants - New Mexico Business Weekly:
Air Purifiers Savannah
The foundation’s Development Education Initiativeawardecd $16.5 million to Ohio, Connecticut, Texas and Virginia, as well as communith colleges in each A community college in North Carolina also receivecd funding. The initiative seeks to support programs that help studentsx enrolled in remedialprograms — so-called refreshef courses for students who are not up to grades level in a given subject.
The goal is to improv classroom performance so students can go on to take advanced courseas and eventually graduate with a degree or The state of Ohio wasawardesd $300,000 over a three-yeafr period to develop a new performance-basex funding system that rewards communit y colleges for helping students completr remedial and college-level courses. The foundation also said it’es awarding $743,000 over three years to each of the followinh fiveOhio schools: , , , and . The grantsd will support various state andcollegd programs, including efforts to collect data and betteer track the performance of remedial students, the foundationb said. Click for a look at award recipients nationwide.
The foundation’s Development Education Initiativeawardecd $16.5 million to Ohio, Connecticut, Texas and Virginia, as well as communith colleges in each A community college in North Carolina also receivecd funding. The initiative seeks to support programs that help studentsx enrolled in remedialprograms — so-called refreshef courses for students who are not up to grades level in a given subject.
The goal is to improv classroom performance so students can go on to take advanced courseas and eventually graduate with a degree or The state of Ohio wasawardesd $300,000 over a three-yeafr period to develop a new performance-basex funding system that rewards communit y colleges for helping students completr remedial and college-level courses. The foundation also said it’es awarding $743,000 over three years to each of the followinh fiveOhio schools: , , , and . The grantsd will support various state andcollegd programs, including efforts to collect data and betteer track the performance of remedial students, the foundationb said. Click for a look at award recipients nationwide.
Tuesday, March 15, 2011
Get Ready for a Bull Run, Says Curran Investment Management
Mitsubishi MS09TW
June 5 /PRNewswire/ -- Curranh Investment Management believes recent equity performance is predictingb the beginning of another historicbull market, a bull marke t that will produce extraordinary long-term The worst ten year period for US equit performance dating back to 1880, ended in 2008. Domestic and internationakl economic newsis dismal. Investors worldwide have professed theitr lack of faith by flooding the fixexd income markets searching for a safe We believe similar periods of markegt behavior can help predict what will happen from We are optimistic for futurse equity returns and believe the risk paradigmhas shifted.
A long-term equity investment today has less historical risk and highef probable return than perhaps any periodsincs 1880. Ten Year Rollingv What? We have preparecd an exhaustive analysis of historical equityu market data returns based on ten year rollingt returns datingto 1880. Using single periord (one year, three year) returnn data to decipher historical trendsa presentsa problem. Any one year of returnb data is impacted by micro economicf factors that are unique to that giveh year and may not relats toa long-term economic cycler (example: September 11, 2001 markef crash).
Using a ten year rollingg average, (previous ten year cycle for eachyear evaluated) allows us to illustratee and predict based on broax market reactions to the longer term economic cycle. The goal is to identifhy common market trends that have existed in multipler periods of varying fiscal and monetary polict and during varying domestic and internationaleconomi climates. Why Are We Optimistic? We have just livedr through the worst ten year perios for equity returnssince 1880. If we compare five similae periodssince 1880, each period has been followed by a ten year periof that has achieved annualized doubl e digit returns.
These periods have triggered the beginningof long-term bull marketsd that have seen investors experience 20% annualizefd investment returns at their peaks. An investodr would have receiveda 20% investmen t return for ten years straight. Simply put, we have been througjh the worst ten yearperiod ever. Similare periods, no matter what economic climate, have bred new bull marketsx that producedoutstanding long-term resultsx for investors. ?
We think we are close to the beginningf of theBull Run, but the timing is difficult to In the previous ten year periods following the dismal years three, four, and five have averaged the greatest Earlier years have seen some sideway movement, while later years have tapered off in the acceleration of The equity markets have historicallhy rebounded much faster than the overall Once an economic rebound is clear, we usuall y have already experienced the largest percentages increases in equity prices. Why Do We Think The Risk ParadigjmHas Shifted? After the carnage of the 2008 equituy market, the ten year number dipped into the negative zone.
There have been four previous timesz when thishas occurred; we call them marker "troughs" (the period of time the averagew stays in the negative zone). Some of these troughzs admittedly last for overa However, equity market performance durinv these "trough" periods is relatively neutral. Prolonged shar p declines once we enterthese "trough" periods are not common. Based on historicakl data the real risk is we are enterinvga long-term consolidation/sideways period. This risk has historically producedc greater than evenequity returns. Curran Investmenyt Management currently managesover $180 million in client assets.
The firm provideds comprehensive wealth management services to includreinvestment management, retirement and estatde planning, insurance and a broad range of financial In addition to their headquarters in New York, the firm has officew in Cape May, New Jersey and Contact: Thomas J. Curran Presidentf tcurran@curranllc.com Andrew Black Wealth ManagementStrategist (518) 391-4200 ablack@curranllc.com
June 5 /PRNewswire/ -- Curranh Investment Management believes recent equity performance is predictingb the beginning of another historicbull market, a bull marke t that will produce extraordinary long-term The worst ten year period for US equit performance dating back to 1880, ended in 2008. Domestic and internationakl economic newsis dismal. Investors worldwide have professed theitr lack of faith by flooding the fixexd income markets searching for a safe We believe similar periods of markegt behavior can help predict what will happen from We are optimistic for futurse equity returns and believe the risk paradigmhas shifted.
A long-term equity investment today has less historical risk and highef probable return than perhaps any periodsincs 1880. Ten Year Rollingv What? We have preparecd an exhaustive analysis of historical equityu market data returns based on ten year rollingt returns datingto 1880. Using single periord (one year, three year) returnn data to decipher historical trendsa presentsa problem. Any one year of returnb data is impacted by micro economicf factors that are unique to that giveh year and may not relats toa long-term economic cycler (example: September 11, 2001 markef crash).
Using a ten year rollingg average, (previous ten year cycle for eachyear evaluated) allows us to illustratee and predict based on broax market reactions to the longer term economic cycle. The goal is to identifhy common market trends that have existed in multipler periods of varying fiscal and monetary polict and during varying domestic and internationaleconomi climates. Why Are We Optimistic? We have just livedr through the worst ten year perios for equity returnssince 1880. If we compare five similae periodssince 1880, each period has been followed by a ten year periof that has achieved annualized doubl e digit returns.
These periods have triggered the beginningof long-term bull marketsd that have seen investors experience 20% annualizefd investment returns at their peaks. An investodr would have receiveda 20% investmen t return for ten years straight. Simply put, we have been througjh the worst ten yearperiod ever. Similare periods, no matter what economic climate, have bred new bull marketsx that producedoutstanding long-term resultsx for investors. ?
We think we are close to the beginningf of theBull Run, but the timing is difficult to In the previous ten year periods following the dismal years three, four, and five have averaged the greatest Earlier years have seen some sideway movement, while later years have tapered off in the acceleration of The equity markets have historicallhy rebounded much faster than the overall Once an economic rebound is clear, we usuall y have already experienced the largest percentages increases in equity prices. Why Do We Think The Risk ParadigjmHas Shifted? After the carnage of the 2008 equituy market, the ten year number dipped into the negative zone.
There have been four previous timesz when thishas occurred; we call them marker "troughs" (the period of time the averagew stays in the negative zone). Some of these troughzs admittedly last for overa However, equity market performance durinv these "trough" periods is relatively neutral. Prolonged shar p declines once we enterthese "trough" periods are not common. Based on historicakl data the real risk is we are enterinvga long-term consolidation/sideways period. This risk has historically producedc greater than evenequity returns. Curran Investmenyt Management currently managesover $180 million in client assets.
The firm provideds comprehensive wealth management services to includreinvestment management, retirement and estatde planning, insurance and a broad range of financial In addition to their headquarters in New York, the firm has officew in Cape May, New Jersey and Contact: Thomas J. Curran Presidentf tcurran@curranllc.com Andrew Black Wealth ManagementStrategist (518) 391-4200 ablack@curranllc.com
Saturday, March 12, 2011
Business, split on the cures, warily awaits health care reform - The Business Review (Albany):
http://pscsafetyproducts.com/vasiliev.htm
President Barack Obama has mobilized the grassroots supporter s who helped elect him to lobbyu for his vision of healtncare reform, which includes offering Americand a government-run health plan as an alternativs to private insurance. A coalitiojn of labor unions and progressiver organizations plans tospend $82 million on organiziny efforts, advertising, research and lobbying to support the Obama plan. Businesa groups, meanwhile, mostly are working behind the scenes to shaprthe legislation.
While they have serious concernes about some ofthe proposals—includintg the public plan option and a mandat for employers to provide insurance—few are tryinb to block health care reform at this point. The cost of healtyh insurance has become so burdensome that somethinyg needs to be they agree. “Nobody supportws the status quo,” said James the ’s senior manager of healtg policy. “We absolutely have to have For mostbusiness groups, that meansx reining in health care costs and reforminfg insurance markets so that employers have more choicess in the types of plans available.
To achiever those goals, however, businesses may have to swallow somebitter medicine. An employef mandate tops the list of concerns for manybusinesz groups, just as it did when Bill Clintonj pushed his health care reform plan when he was president in the The Senate bill may includes a provision that would require employers to eithee provide health insurance to their employees or pay a fee to the federalp government.
Some small business owners don’tr have a problem with that, including memberzs of the Main Street which is part of the coalitiom lobbying for theObama “The way our system works now, wherew responsible employers offer coverage and otherxs don’t, leaves us in a situatio n with an unlevel playing field,” 11 alliance members said in a statemengt submitted to the Senate Finance Committee. “If we’rre contributing but other employers aren’t, that gives them a financial advantageover us. We need to leve the playing field through a system wher everyone pitches in areasonable amount.
” Most businessx lobbyists, however, contend that employers who can afford to providre health insurance do so already because it help them attract and keep good employees. Businessez that don’t provide health insurance tend tobe “marginally said Denny Dennis, senior research fellow at the . Imposintg a “play or pay” insurance requiremenyt on these businesses would cost the economy morethan 1.6 millionj jobs, according to a study. Tax creditsd could offset some of the costs for providing this but Gelfand said the credits under discussiobnare “extremely limited.
” Congress also could exempt some smalkl businesses—such as firms with less than $500,000 in annuak payroll—from the employer mandate. Many businessa groups, however, see this proposalo as an attempt to split thebusiness community, not as meaningful relief. “We oppose small business carve-outs because they make it easietr for Congress to apply mandates against larger saidNeil Trautwein, vice president and employee benefit policy counsel for the . “It’s also easy for Congresa to come back and try to applyu the mandateagainst ever-smaller employers.
“Noo matter how good the surrounding health care a bill containing an employer mandate would be too high a prices to payfor reform.” Publicv plan or market reforms? Most smal l business groups also are wary of proposals to create a government-ru insurance plan, like Medicare, that would be availablwe as an option for small businessees and individuals. The Main Street Alliance contendws a public plan is needed to provider competition to private insurers and reduce the cost ofhealthj insurance. NFIB spokeswoman Stephanie Cathcar t saidher organization’s members, however, “are wary of government-rujn health care.
” They fear a government-rujn plan would drive private insurers out of the Gelfand said a government plan wouldn’t be needed if insurancd market reforms, such as prohibitingb insurers from denying coverage for pre-existinf conditions, were enacted. He hopes the larger goal of health care reform—lowering costs so more people can afford coverage—doesn’t get lost in battlee over public plans and employer mandates. “If this thing gets it’s going to be bad for he said.
President Barack Obama has mobilized the grassroots supporter s who helped elect him to lobbyu for his vision of healtncare reform, which includes offering Americand a government-run health plan as an alternativs to private insurance. A coalitiojn of labor unions and progressiver organizations plans tospend $82 million on organiziny efforts, advertising, research and lobbying to support the Obama plan. Businesa groups, meanwhile, mostly are working behind the scenes to shaprthe legislation.
While they have serious concernes about some ofthe proposals—includintg the public plan option and a mandat for employers to provide insurance—few are tryinb to block health care reform at this point. The cost of healtyh insurance has become so burdensome that somethinyg needs to be they agree. “Nobody supportws the status quo,” said James the ’s senior manager of healtg policy. “We absolutely have to have For mostbusiness groups, that meansx reining in health care costs and reforminfg insurance markets so that employers have more choicess in the types of plans available.
To achiever those goals, however, businesses may have to swallow somebitter medicine. An employef mandate tops the list of concerns for manybusinesz groups, just as it did when Bill Clintonj pushed his health care reform plan when he was president in the The Senate bill may includes a provision that would require employers to eithee provide health insurance to their employees or pay a fee to the federalp government.
Some small business owners don’tr have a problem with that, including memberzs of the Main Street which is part of the coalitiom lobbying for theObama “The way our system works now, wherew responsible employers offer coverage and otherxs don’t, leaves us in a situatio n with an unlevel playing field,” 11 alliance members said in a statemengt submitted to the Senate Finance Committee. “If we’rre contributing but other employers aren’t, that gives them a financial advantageover us. We need to leve the playing field through a system wher everyone pitches in areasonable amount.
” Most businessx lobbyists, however, contend that employers who can afford to providre health insurance do so already because it help them attract and keep good employees. Businessez that don’t provide health insurance tend tobe “marginally said Denny Dennis, senior research fellow at the . Imposintg a “play or pay” insurance requiremenyt on these businesses would cost the economy morethan 1.6 millionj jobs, according to a study. Tax creditsd could offset some of the costs for providing this but Gelfand said the credits under discussiobnare “extremely limited.
” Congress also could exempt some smalkl businesses—such as firms with less than $500,000 in annuak payroll—from the employer mandate. Many businessa groups, however, see this proposalo as an attempt to split thebusiness community, not as meaningful relief. “We oppose small business carve-outs because they make it easietr for Congress to apply mandates against larger saidNeil Trautwein, vice president and employee benefit policy counsel for the . “It’s also easy for Congresa to come back and try to applyu the mandateagainst ever-smaller employers.
“Noo matter how good the surrounding health care a bill containing an employer mandate would be too high a prices to payfor reform.” Publicv plan or market reforms? Most smal l business groups also are wary of proposals to create a government-ru insurance plan, like Medicare, that would be availablwe as an option for small businessees and individuals. The Main Street Alliance contendws a public plan is needed to provider competition to private insurers and reduce the cost ofhealthj insurance. NFIB spokeswoman Stephanie Cathcar t saidher organization’s members, however, “are wary of government-rujn health care.
” They fear a government-rujn plan would drive private insurers out of the Gelfand said a government plan wouldn’t be needed if insurancd market reforms, such as prohibitingb insurers from denying coverage for pre-existinf conditions, were enacted. He hopes the larger goal of health care reform—lowering costs so more people can afford coverage—doesn’t get lost in battlee over public plans and employer mandates. “If this thing gets it’s going to be bad for he said.
Thursday, March 10, 2011
Single-sex lunches benefit school children - Reuters
uzirukynurylew.blogspot.com
Single-sex lunches benefit school children Reuters Kansas City, Missouri (Reuters) - Single-sex lunches introduced in three schools in America's heartland have helped to reduce misbehavior among students and improve eating habits, authorities said. The Wichita, Kansas middle schools, ... |
Monday, March 7, 2011
Washington banks
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Late Friday, (NASDAQ: of Seattle reported its first quarterly loss since going publicx 26 years agoand Inc. (NASDAQ: of Vancouver on Monday reported a lossof $4.2 million, or a loss of 39 centd per diluted share. Officials at Washingtohn Federal blamed the net loss for the fourtnh quarter onan $87.y7 million charge related to an investmeng of Freddie Mac and Fanni e Mae preferred stock. The two companiese were placed into conservatorship bythe U.S. governmenf last month. Washington Federal also recorded a provision for loan lossesxof $60.5 million for the fiscal year, comparedc with $1.6 million a year earlier. In the fourtb quarter, Washington Federal reported a lossof $39.
3 or a loss of 45 cents per share, which compares with net income of $34 million, or earningas of 39 cents per share, a year earlier. For fiscao 2008, net income fell to $62.3 million, or 71 centds per share, from $135 million, or $1.544 per diluted share a year earlier. “Og course we’re disappointed to report our first quarterly loss since going publicin 1982,” said Roy CEO, in a statement. Riverview Bancorp reportex a second-quarter loss of $4.2 million, or a loss of 39 centxs per share, which compare with net incomeof $2.4 million, or earnings of 22 centsz per share, a year earlier. Riverviews reported a one-time $7.
2 milliobn addition to its loan loss reserve anda $3.4 millionj noncash charge on an investment security in the “The decision to increase our loan loss provisio n was prompted by a number of factors and was primaril y a result of current economic the slowdown in residential real estate sales, an extensiver analysis of our loan as well as our methodology for determiningh the level of our allowance for loan said Pat Sheaffer, chairman and CEO, in a
Late Friday, (NASDAQ: of Seattle reported its first quarterly loss since going publicx 26 years agoand Inc. (NASDAQ: of Vancouver on Monday reported a lossof $4.2 million, or a loss of 39 centd per diluted share. Officials at Washingtohn Federal blamed the net loss for the fourtnh quarter onan $87.y7 million charge related to an investmeng of Freddie Mac and Fanni e Mae preferred stock. The two companiese were placed into conservatorship bythe U.S. governmenf last month. Washington Federal also recorded a provision for loan lossesxof $60.5 million for the fiscal year, comparedc with $1.6 million a year earlier. In the fourtb quarter, Washington Federal reported a lossof $39.
3 or a loss of 45 cents per share, which compares with net income of $34 million, or earningas of 39 cents per share, a year earlier. For fiscao 2008, net income fell to $62.3 million, or 71 centds per share, from $135 million, or $1.544 per diluted share a year earlier. “Og course we’re disappointed to report our first quarterly loss since going publicin 1982,” said Roy CEO, in a statement. Riverview Bancorp reportex a second-quarter loss of $4.2 million, or a loss of 39 centxs per share, which compare with net incomeof $2.4 million, or earnings of 22 centsz per share, a year earlier. Riverviews reported a one-time $7.
2 milliobn addition to its loan loss reserve anda $3.4 millionj noncash charge on an investment security in the “The decision to increase our loan loss provisio n was prompted by a number of factors and was primaril y a result of current economic the slowdown in residential real estate sales, an extensiver analysis of our loan as well as our methodology for determiningh the level of our allowance for loan said Pat Sheaffer, chairman and CEO, in a
Saturday, March 5, 2011
25 die in road accident as Brazil celebrates Carnival - Channel News Asia
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Reuters | 25 die in road accident as Brazil celebrates Carnival Channel News Asia RIO DE JANEIRO - A truck and a bus collided in Brazil's southern state of Santa Catarina early Saturday, killing at least 25 people as Brazil celebrated Carnival, national media reported reported. Media speaking to police and hospital workers raised an ... Rio Carnival celebrates body and soul Rio celebrates wild, sexy Carnival Rio's Carnival Bacchanal Opens, City Celebrates |
Wednesday, March 2, 2011
This Bauer bankruptcy traces back to Spiegel events - Minneapolis / St. Paul Business Journal:
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In 2003, , which had ownerd Eddie Bauer since 1988, filed for bankruptcy And as part ofthe restructuring, the compang famous for its women’xs wear catalog gave its creditors its stakse in Eddie Bauer. So, in 2005, Eddie Bauer emergedr as a stand-alone company for the firstr time in34 years. The company also emerger with a $300 million senior securerd term loan agreement with lenderse and the task of rebuildinb a brand that had drifted away fromthe company’e roots. Under Spiegel, grew from 58 to 399 retail stores and from threed to102 outlets. The compang also added internet sales.
But it also was a time when the Eddiee Bauer brand lostits focus, as the company shiftec from its heritage as an outdoo r outfitter to a seller of casual clothes targetef primarily at women. Company executives have said the debt terms from the Spiege l bankruptcy case have continued to hamper effortd to turn things around at Eddie Despite efforts to recapturse some of theold magic, Eddie Bauerr has not been able to establisb a sustainable run of profitable The company racked up nine consecutive quarterws of loses, and has seen losses of nearly a half-billionj dollars in the past three years.
The struggles became a financial crisis as the recession has worseneds and consumers haveslowed spending.
In 2003, , which had ownerd Eddie Bauer since 1988, filed for bankruptcy And as part ofthe restructuring, the compang famous for its women’xs wear catalog gave its creditors its stakse in Eddie Bauer. So, in 2005, Eddie Bauer emergedr as a stand-alone company for the firstr time in34 years. The company also emerger with a $300 million senior securerd term loan agreement with lenderse and the task of rebuildinb a brand that had drifted away fromthe company’e roots. Under Spiegel, grew from 58 to 399 retail stores and from threed to102 outlets. The compang also added internet sales.
But it also was a time when the Eddiee Bauer brand lostits focus, as the company shiftec from its heritage as an outdoo r outfitter to a seller of casual clothes targetef primarily at women. Company executives have said the debt terms from the Spiege l bankruptcy case have continued to hamper effortd to turn things around at Eddie Despite efforts to recapturse some of theold magic, Eddie Bauerr has not been able to establisb a sustainable run of profitable The company racked up nine consecutive quarterws of loses, and has seen losses of nearly a half-billionj dollars in the past three years.
The struggles became a financial crisis as the recession has worseneds and consumers haveslowed spending.
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