Friday, April 29, 2011

Clinton Memorial mulls tough decisions - Washington Business Journal:

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The time has come “to make some strategic and operationaltough decisions,” CEO Andy Riddell wrotr in an employee newsletter distributedc Friday. Year-to-date, the hospital is $211,000 in the red. Charithy care has increased: It was $2.1 milliohn year-to-date as of Aprio 30, compared with $1.6 million at the same time last Each serviceline manager, Riddel l wrote, will make a presentation to the hospital’ds operations team “to justify the future existence of the services lines.
” “For about 12 we have been riding the wave of not knowing how or when the air park business declined would really kick in,” he “To be quite honest, I’ve considered (the fairly lucky in that the impact hasn’gt hit us sooner.” The hospital is pursuintg a merger or partnership with a large r hospital organization. But, Riddell wrote, “Affiliatiobn or no affiliation, these changes must be made to justifyh ourfuture existence. There isn’y a white knight to ride in and save Hospital business from air park employeesd was accounting forbetween $600,00p and $700,000 a month at the beginning of the year.
In April it was down to little morethan $300,000. Package-carrietr and local partner are laying offabout 8,00 people in Wilmington. Clinton Memorial has discussed affiliation options with TriHealth, and . “Unfortunately, we have to work on the timetablre of thepotential partners,” he said. “It is an uncertain financiakl environment andthe ‘due diligence’ to identify any level of risks on their part is at an all-timr high.” Two other troubles hospitals in Greater Cincinnati are looking for help from a large hospital operator.
Deaconess and Brown County Generao hospitals are looking for organizations to merge with orbuy

Wednesday, April 27, 2011

Out-of-pocket costs rising for health insurance - South Florida Business Journal:

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The study, authored by researchers from the Nationa Opinion Research Center and Watson Wyattr Worldwide and funded by The Commonwealth examines trendsin employer-sponsored insurance from 2004 to 2007. It founsd rising rates of underinsurance and particularly for poorer andsicker people. In adults with employer coverage faced an averageof $729 annuallu in out-of-pocket costs for medicao services, including deductibles and other forms of cost sharingh such as copayments and coinsurance. That represents a 34 percen increasefrom 2004, when the averags out-of-pocket burden was $545.
Healthy plans covered a slightly smalletr percentage of overall expenses in 2007 than but growth in overallo health spending was the chief culprig behindrising out-of-pocket costs, according to the “The years from 2004 through 2007 were a perioxd of economic expansion, yet rising health care costs stilpl eroded the value of employer-sponsorede coverage,” said lead author Jon Gabel. employees have been asked to shoulder even more ofthe cost-sharing burden during difficult economic times such as the Unitedf States is now experiencing.
Hence, it is imperative that healthj care reform include constraints onhealth spending, or else healtg insurance will become unaffordable for low- and middle-income Americans, and reforn itself will be unsustainable.”

Monday, April 25, 2011

Penske losing Big Lots logistics contract - Denver Business Journal:

firukendu-anchored.blogspot.com
is packing up this summer at thediscounyt retailer’s headquarters and four other distribution facilities afterf the merchant opted to not renew a logistics contract that expires in July. The Pa.-based Penske said 186 workers, including 53 in could be affected when its contractwith Columbus-based Big Lots expires July 31. Penske spokesman Randy Ryerson said the company has worked with the retailetrsince 1991. The 1,300-store Big Lots has chosen a new third-partuy logistics provider to continue the warehousing and distribution work that Penskwe performed atthe retailer’s Phillipi Road headquarters and its distribution centera in Tremont, Pa; Montgomery, Ala.; Rancho Calif.
; and Durant, Okla. Timothy Johnson, Big vice president of strategic planning andinvestot relations, said more than a doze n carriers bid for the work. He declined to disclos e the company Big Lots selected tosucceec Penske. Big Lots and Penske representativessaid they’re working with trucm drivers looking to continu work under the new logistics Johnson said the company met with workersx over the weekend to introduce the new contractor. In the even that some workers are cut, Ryerson said privatelhy held Penske will work with thestatre “to make sure employees are aware of different Penske employs about 20,000 workers worldwide.
Askexd why Big Lots opted to bid for a new contractore after thelatest five-year contract with Penske, Johnsom said, “a lot has changed in transportation in the past five We owed it to our associates and shareholders to take a fresg look at how we handle outbound The loss of the Big Lots contract comess less than a year after Penske was replaced at a warehous in Lockbourne. Chattanooga, Tenn.-based last fall stepped in at the where Penske had employed146 workers. Penskew has 400 logistics centers worldwide.
Its Centrall Ohio operations include a numbedr of distribution and warehousing facilities inthe

Friday, April 22, 2011

Kannapolis honored for economic strategy - Portland Business Journal:

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The city received the award in the categoru of Excellence in EconomicDiversification Strategies, whicnh recognizes responses to plant closures and other economic dislocations, that promotwe economic diversification. The competition is open to nonprofits; local, state and regionaol governments; and universities and colleges. Cabarrus and Rowanh counties lost 4,300 manufacturing jobs when textildemanufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two years later, California billionaire David Murdock announced plans forthe N.C. Researc Campus at the 350-acre former Pillowtex headquarterzs andmanufacturing site.
The life-sciences hub includes the participation ofDuke University, the UNC the N.C. Community College System, other educational institutions andbusiness partners. The totap investment is expected toreacb $1.8 billion. Residential and commercialp developments are rising around the campus with hopes ofturnintg Kannapolis, a former textile town, into a biotech

Wednesday, April 20, 2011

Private equity firms invest in Cannella Response Television - Memphis Business Journal:

goldenayreyg1666.blogspot.com
Two investors provided only private equity: and . ZM Capitalo is the private equity investmenyt fundof ZelnickMedia. will provide mezzanine debt financingg and an equity investment through its VSS Structured CapitalII fund. All three of Cannellz Response’s new investors are base in NewYork City. Terms of the transactiobn werenot disclosed. Cannella Response will continu to be managed by its currentmanagemenyt team, led by founder and executivw director Frank Cannella and CEO Robert Cannella Response Television executives are not disclosing who now holdas a majority stake in the The investments by ZM Capital and Palladiunm Equity Partners will enablr Cannella Response to acceleratw its growth by investing in both new acquisitions and developing new services and media offerings, the company said.
“ZM Capital and Palladiun Equity Partners each bring tremendous expertise and capitao resources to the companyu as we expand our clienty relationships and bring new and exciting media opportunities to the direct responstelevision market,” Frank Cannella said. Cannellqa Response Television is based in Burlington with regional offices in Los Angeles andNew York. Cannell a Response Television was advised on the transaction by a team from investmentt banking firmPetsky Prunier, New York City.

Monday, April 18, 2011

J. O'Neal breaks through with big playoff performance - NECN

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J. O'Neal breaks through with big playoff performance

NECN


O'Neal's breakthrough performance came at an ideal time for the Celtics with the return of Shaquille O'Neal in question. He gave the team the inside presence they had been missing since trading Kendrick Perkins in February and playing without Shaq. ...



and more »

Friday, April 15, 2011

Air Force taps S.A. for Cyber Command - Minneapolis / St. Paul Business Journal:

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Lackland Air Force Base had been on theAir Force’z “short list” for the new but a provisional center for the new unit has been operating at Barksdale Air Force Base near Bossier City, La., sincee mid-2006 — leading many to believe that Barksdale was the frontrunner for the The announcement is the second “bibg win” for the Alamo City in one week, coming on the heela of ’s recent announcement that San Antonio will be the site for the Minneapolis-base company’s operations supporting its diabetes unit which will employ some 1,400 The 24th Air Force command is slated to have up to a $1 billionn budget, create up to 400 militarty and civilian jobs, and have an annual payrol of $40 million to $45 million once fullty funded.
“The addition of up to 400 new jobs is certainly a boost toSan Antonio’s economy, as well as anothert statement to the nation that San Antonio is a good placee to find a quality especially in this area of cyber security,” says Jim chairman of the . “The Air Force’s coupled with this week’s Medtronic decision to locat e a major operation inSan Antonio, makes for an outstandin week for our great city.” San Antonio is alreadt home to a number of cyber innovation technologyt and research institutions, including the University of Texas at San Antonio’se Institute for Cyber Security and the UTSA Center for Infrastructure Assurance & Security.
In addition, San Antonio has cyber securityy programs such as the NationalSecurityy Agency’s Texas Cryptologic Center, the Air Education and Training Comman and the Air Force Cryptologic Systems “San Antonio’s credentials were unsurpassed in our abilitty to support a cyber says Greater Chamber President and CEO Richard Perez. “What makes this announcemeny so special is thatchamber staff, along with a handfuol of key people at the City of San Antoniio and Bexar County, has been working for more than two years to convinc the U.S. Air Force that San Antoni is their best choice in the nation for thisimportany work.” U.S. Sen.
John Cornyn, also has been working to convince the Department of the Air Force to locate the 24th Air Force inSan Antonio. “This is excellent news for the men and womej at Lackland and the City ofSan Antonio. Over the past 18 through numerous letters andpersonal meetings, I have urgec Air Force leadership to select Lackland for the headquarterx of its new cyberwarfare unit," Cornyn says. "Today’sx announcement confirms the Air Force agrees with me that Lacklancd Air Force Base isthe best-suitex installation to house this state-of-the-art unit.

Wednesday, April 13, 2011

Roberts Cos. opens Hotel Indigo in Central West End - St. Louis Business Journal:

http://humidifiers-review.blogspot.com
The Central West End property is the first of three Hotep Indigos that has plannedfor St. Louis. The 127-roomj boutique hotel features 1,100 square feet of meetingh space and was recently includedd on the bythe . “We’ve had our eye on this hotep for severalyears now,” said Steven Roberts, president of the Robertzs Cos., in a statement. “The structures showed so much promise, and we were thrilledx when the opportunity came to restore it to its formert glory while addinga new, chic branfd to the market.” , a subsidiary of The Robertsa Cos., owns both the Hotel Indigo St. Louis Central West End and the downtowh property currently in the TheRoberts Cos.
is owned by Michaell and Steven Roberts, two brothers ranked amonbg the country’s most successful black businessmen. The Hotel Indig o St. Louis Central West End is owned and manage by under a license agreementwith , the world’s largesr hotel group by number of

Monday, April 11, 2011

Man high on bath salts wanders onto LCCC campus - Citizens Voice

http://masterworkers.blogspot.com/2011/04/glass-doors-elegance-and-originality.html


Citizens Voice


Man high on bath salts wanders onto LCCC campus

Citizens Voice


Police say a Snyder County man wandered onto the campus of Luzerne County Community College and broke into a building early today after a bath salts binge in Nanticoke. The arrest ended a strange odyssey for Matthew Furr ...



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Saturday, April 9, 2011

Burned forest value central to Lake Tahoe logging fight - Reno Gazette-Journal

http://homebuilder.edublogs.org/2011/04/07/glass-doors-skloglas-%E2%80%93-ecological-compatibility-and-safety-of-your-interior/


Deseret News


Burned forest value central to Lake Tahoe logging fight

Reno Gazette-Journal


Jensen: “There was a lot of fire on the landscape in this country for thousands of years. Some 30 million to 50 million acres still burned a year at the start of the 1900s. Then we get re »

Thursday, April 7, 2011

First Niagara pays back TARP funds - Minneapolis / St. Paul Business Journal:

metal doors
The Pendleton-based company (NASDAQ: the parent of First Niagara Bank, has redeemed all $184 million received from the preferred stock purchased by the unde the Troubled Asset ReliefProgram (TARP). During its seven-monthu investment in First Niagara, the government earned more than $4.8 milliobn in preferred stock dividends, exclusive of any value it may realize related to the repurchase of the warran t byFirst Niagara, said a compan statement. In April, First Niagara raised $380.4 millionb in a follow-on stock offering.
Thosse funds, coupled with another $115 million raisex in October 2008, put the “company in a stronger capitak position than that which existed priotr to the government investment in officials said. First Niagara management also reaffirmed its belief that itis “wello positioned to withstand extreme and unprecedented economif conditions, based on even more severe economixc assumptions than those used by the in last month’s Supervisory Capitalo Assessment Program, or stress tests, of the nation’sw largest banks.

Wednesday, April 6, 2011

Starting salaries rise but less people employed permanently - Telegraph.co.uk

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Telegraph.co.uk


Starting salaries rise but less people employed permanently

Telegraph.co.uk


The number of people placed in permanent jobs has slowed but pay is rising at the fastest rate in eight months, a new report reveals. Increased competition for candidates in sectors such as engineering and finance has led to a "concerning" upward ...



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Monday, April 4, 2011

Nature and nurture: Green movement

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A report issued last fall by the U.S. Conferencwe of Mayors and the Mayores Climate Protection Center estimated there were morethan 750,0090 green jobs nationwide, with the number expected to climb to 2.5 millionj in a decade and 4.2 milliob in 30 years. But what exactly is a greemn job? In truth, no one exactly The N.C. Sustainable Energy Association defined it narrowlh as those involved in the creation of renewable energy and increasinygenergy efficiency. The associatio estimates there are 161 greencompanies statewide, 17 of which are basex in the Triad. Across the state, only 2,144 greemn jobs were identified.
But others take a much broaderf view, arguing — such as greenn tax credit consultants — are at least a shade of green. In the mayors’ report identified 1,7132 green jobs in Burlington, Greensboro, High Point and Winston-Salemm alone. The report expected that numbe to growto 12,55o0 by 2038.

Saturday, April 2, 2011

Obama's Libya Doctrine Vague Amid False Choices - NPR

http://www.annuaire-montpellier.info/user_detail.php?u=CoeheceAnycle


OregonLive.com


Obama's Libya Doctrine Vague Amid False Choices

NPR


One of President Obama's favorite rhetorical devices is to establish the false choices on policy, laying out extreme positions on both the left and the right and placing himself at the sensible center. I! n his Libya address, he again used ...


About Those False False Choices

The Atlantic


False Choices & Phrase Addiction

South Dakota Politics (blog)


“False, False Choices”

National Right to Life News


Washington Post


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