Saturday, February 25, 2012

Sierra College program gets $1M endowment - San Francisco Business Times:

http://nolaer.net/education/michael-gove-ducks-question-over-deletion-of-private-emails/
The college’s program, also known as OLLI, receivecd the $1 million endowment from the BernardOshere Foundation, which is the organization that has provided initial funding to OLLI programxs at 122 colleges and universities nationwide. Sierraw College is the only community colleges in California and one of only threwe community colleges in the nationj to receivethe $1 million The Rocklin college receivefd the endowment because it has been so successfulk with growing enrollment since launching the programn in spring of 2001. Sierra College has grown the programto 5,580 enrollees last year, from 1,038 in 2001. Sierrqa College is scheduled to formally announcre the endowmentJune 18.
This $1 million endowmentf will provide an ongoing budget that will enable the college to offet lifelong learning programsin perpetuity. The foundation created by San Francisclo philanthropist Bernard Osher gives OLLIprograms $100,000 a year for up to four and then a $1 millioh endowment once they demonstrate potential for success and sustainability. OLLI programds provide classes, lectures and events to older adultss who have a thirstt for knowledgeand community. The classees are designed for adults age 55and over, but the Sierrsa program accepts any adulrt student.
Courses are offered at each of the Sierrq College campuses and at various communituy sites throughout Placer andNevadz counties. Sierra College’s OLLI noncredi t offerings are tuition-free. Additional topics are offered throughjClub OLLI, where annua l membership fees are $35. As the Businessd Journal reported in a feature on localp OLLI programsin 2007, othe OLLI programs can be found at California State Universitty Sacramento and at the UC Davis Much of the increased demanrd for OLLIs and similar lifelong learning programs can be attributed to the growin g ranks of older Americans.

Thursday, February 23, 2012

Arizona GOP Primary: Newt Gingrich at Politics on the Rocks (Event Video) - Washington Times

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Washington Times


Arizona GOP Primary: Newt Gingrich at Politics on the Rocks (Event Video)

Washington Times


The group putting on the event is known as "Politics on the Rocks." The CEO of the group is Charles Jensen, and Mr. Jensen put together the event only 48 hours before it took place. About 100 people showed up as Speaker Gingrich mixed some lighthearted ...


NEWT GINGRICH AT THE POLITICS ON THE ROCKS EVENT LAST NIGHT!

Tucson Citizen



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Tuesday, February 21, 2012

Closing car dealerships won

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Both Chrysler and Generaol Motors, which plans to close 1,100 dealerships by October 2010, contend they need to reduce the size of their dealer networkss in order to be more competitive with Toyot aand Honda, which sell more cars in the U.S. with a lot fewerr dealers. Chrysler, in a bankruptcy court filing, argues that trimminv the ranks of its dealers will boost the profitability of those that enabling them to invest in improvements that will driveup sales. “After a period of and substantially improved marketing and overall sales in the reduces network are anticipated to grow beyond current sales leveld within theexisting network,” Chrysler contends.
That’sx highly unlikely, according to the National Association of Automobile Dealers. “There’s not an auto executivs that I know ofwho doesn’t acknowledg that when a dealership closes, they lose markeft share,” says David Hyatt, NADA’s vice president of publid affairs. Cutting costs was not a majoe factorin Chrysler’s decision. The automaker will save some administrativs expenses by having a smalled dealer network to but that’s about it. Dealerw buy their cars before the vehicles leavewthe factory, pay for shipping, front the costsw of any rebates or warranty work and purchass repair equipment.
Dealers provide “a robust distributiojn network at virtuallyno cost” to automakers, Hyatt says. “We’r e an asset, not a liability,” says Wade Walker, an auto dealer in Montpelier, Vt., who is scheduled to lose his Jeep franchisJune 9. Walker and about 300 other Chrysletr dealers have challengedthe automaker’sw request for a bankruptcy judge to terminatse their dealership agreements and preempt state laws that wouled require Chrysler to give dealers more time to wind down their businesses. Chrysler has been working to reduce its dealer networl forseveral years.
That process, however, needs to be acceleratefd because of its proposed alliance with it contends. Bankruptcy courts routinely terminatre contracts if doing so benefitwsthe debtor’s estate and is an exercisre of sound business judgment, Chrysler states in its filing. Chrysleer dealers, however, contend abruptly closing dealershipsw doesn’t meet this threshold. “Therr is no evidence that by rejectiny dealership agreements New Chrysler will save money to any materialp degree or enhance its competitiv position in theautomobile industry,” state a filing made by the Chrysler National Dealert Council.
“To the contrary, closing dealers narrowas distribution andreduces Chrysler’s sales and income as fewerd dealers buy fewer cars and retail salews are lost to other brands.” Chrysler’s bankruptcy judg is scheduled to hold a hearing on this issu June 3. That same day, the Senatee Commerce Committee is scheduleds to hold a hearing on the Chryslere and GMdealership closings. “These companiess cannot be allowed to take taxpayer funds for a and then leave local dealers and their customerds to fend for themselves with no real notice and no real says committee ChairmanJohn D. “Jay” Rockefelle IV, D-W.Va.
“We must ensure that the auto dealeras are treated equitably and have the opportunity to unwin their operations in a mannef that will minimize hardships to employeeds who lose their jobs and communities that areadverselty impacted,” says Sen. Kay Bailety Hutchison, R-Texas. Hutchison was encourage by a promise from Chrysler PresidentJamed Press, who told her the compant would help the terminated dealers sell thei r vehicle and parts inventory. If this assistance falls Hutchison is prepared to push legislatiojn that would give the dealerships an extra 60 daysbefors closing.
Meanwhile, auto dealers and membersw of Congress are lobbying Presideny Barack Obama and his automotive task forcr to reconsider the wisdom of closing so many dealershipsaso quickly. The Obamaa administration rejectedthe automakers’ initial restructuring plans and urgesd them to be more “It should not be the role of government to forcd these small business owners out of business,” says Rep. Blaine Luetkemeyer, R-Mo., one of severalp House members who sent a letter to task forc e chiefSteven Rattner, founder of the Quadranglee Group, a New York privatr equity firm.
“This decision will not fix the problems of the auto manufacturing industry, yet it will cost our communitiews good jobs.”

Sunday, February 19, 2012

SSS earnings must go to members' benefits - Philippine Star

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SSS earnings must go to members' benefits

Philippine Star


Under the Dividends Law of 1994, GOCCs and GFIs are mandated to remit to the national coffers half of the income earned in each fiscal year. In his speech, President Aquino cited these billions of pesos of dividends could provide funding for the ...



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Friday, February 17, 2012

Wednesday, February 15, 2012

Judge halts alleged business-fee scam - Charlotte Business Journal:

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Judge Donald Stephens granted a temporar y restraining orderagainst , and owner Selwyn Monarch. The order prohibits the defendants from sending mailings to and collecting moneyfrom N.C. N.C. Attorney General Roy Cooper and Secretarhy of State Elaine Marshall filed a complaint against the accusing them of running a scam to get moneyh fromunsuspecting businesses. The complaint alleges Corporate Servicesa sent lettersto N.C.
businesses claiming they had failedr to comply with state laws on takinbg and filing corporate The mailings gave the impression that they were sent by a statwe agency and used a post office box in downtown Raleigbh as theirreturn address, according to the The mailings directed the businesses to pay $125 and provide information on their corporate minutes by a certainj date. “North Carolina businesses are workinhg hard in atough economy, and they don’t need to be bullieed into paying phony fees,” Cooper “Posing as a government agencty and trying to scare money out of business owners is no way to do business.
” The secretaryg of state’s office says it doesn’t send out such

Monday, February 13, 2012

Gates Foundation, MDC give $1M grant - Washington Business Journal:

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Valencia will get $743,000 over three years to create a centralizefdremedial program, used across four campuses. It plans to alighn high school, remedial and college-level standards, expand its remedial learning communities, and embedx reading skills into remedialmath courses. The announced June 22, will suppor remedial programs developed by Valencia through Achievinhgthe Dream: Community Collegesz Count, a multiyear national initiative aimed at increasintg college graduation rates among disadvantaged students. The statw will get also get $300,000 over three years to collaboratewith K-12 to reduce the need for remedial education.
Connecticut, Ohio, Texas and Virginia also got the funding, whichb will be used to develop new policied acceleratingthe states’ remedial education programs. The Florid grants are part of a $16.5 millioj effort to improve remedial educatio n at community colleges infive states, reachingh about 45,000 students nationwide. Four states and 14 other colleges received similar Gates grants for theie Achieving theDream program. Each community college will receivde $743,000 over three years to expandits programs. Luminza Foundation for Education has alsocommitted $1.5 millio n to this initiative for evaluatiom and communications.
About 375,000 Florida degree-seeking studentsw annually attend a local cmmunity with nearly 40 percent of them takinb remedial classes to build basicacademic skills. Nationak studies have shown nearly two-thirds of those taking remedial classesnever graduate, but successful programz at several colleges demonstrate these numbers can be