Thursday, March 31, 2011

House expands health insurance to children - Minneapolis / St. Paul Business Journal:

http://www.my-phones.net/list/Satellite-Television/then3/
The House also voted to create a new agencyh charged with improving the delivery of healtbh care acrossthe state. Both measurese now head to the Senate. House Bill dubbed the “Healthy Kids Healthy Oregon” measure by Gov. Ted Kulongoski, would increasse taxes on hospitals and health insurersby $150 millionh per year, making the state eligible for an additionalk $500 million in unclaimerd federal dollars. It passed the House by a 36-24 House Bill 2009, which allocates two-year funding of $3 million from the state’e general fund, creates the to oversee existinh state programs that touch onhealth care.
The new state agency is charged with establishing healty industry cost control measures and with promotin health care reform at a national It passed bya 38-22 vote.

Wednesday, March 30, 2011

Violent robbery, beating caught on tape - WTHI

firukendu-anchored.blogspot.com


WTHI


Violent robbery, beating caught on tape

WTHI


Three men charged into the Express Mart on North 3rd Street in Terre Haute about 2 am Tuesday, beating the clerks with baseball bats. "Pretty violent take over," Terre Haute Police Detective Jeff Trotter said. "We don't normally get these kind of ...



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Saturday, March 26, 2011

Real estate slump puts hit on area

glafirarynyxu.blogspot.com
1st , with assets of $126 million, managed the higher profit, $219,000 in 2008 compared with $120,000 in 2007. At the othert end of the spectrum, , with $234 milliojn in assets, posted losses of $3.9 million in 2008 and $2.3 milliobn in 2007. , with $130 million in assets, had lossex of $3 million in 2008 and $848,0090 in 2007. Although the seven start-up called de novos in banking parlance, are much smallerr than the average St. Louis they have been battered by the same particularly the collapse of the real estate an area in which most didsignificant Still, their bad loan numbers are modest compared with largere banks.
In some cases, they could represent one bad home loan or a Keepin mind, too, that banks that launched four and five yearsa ago made most of their loans in what was a go-gok time in lending, resulting in more problem loans now. “A larger percentage of the loans were originatedc when credit standardswere looser, versus bankzs that have been around many years, which wouled have a smaller percentage of their loans in that category,” said Jim chief executive of & Trust, whichy launched in 2008. Both Champion and WestBridges have experienced considerable public turmoipl in thelast year.
Kirk Briden, a Champiojn founder, resigned as president and chief executivelast fall, and the bank receiveds a $3 million infusion of new capital from an unidentified It had $4.2 million in bad loans, called net charge-offs, in compared with none in 2007. At WestBridge, the sharpl y criticized management practices ina cease-and-desist order, whicg was made public in February, thouggh it had been in the works for months. In December, Rick a former executive at Mark Twain and MissouriStatre banks, was recruited as a consultant and a montb later replaced Scott Schmid, a WestBridge founder, as presidentt and chief executive. Schmid remains as executive vice president.
WestBridge’s net charge-offs jumped to $3.4 millionh in 2008 from zero in 2007. , with asset of $549 million, posted a loss of $2.4 milliojn in 2008, compared with a profit of $2.5 million in 2007. , with assetsw of $146 million, had a loss of $773,009 in 2008, compared with a profit of $235,000 in 2007. St. Louixs Bank’s net charge-offs increase to $4.1 million from $1.4 millioh a year earlier. Triad’s net charge-offxs increased to $314,000 in 2008 from zero in 2007. Triad’s charge-offd were the result of loans to residentiadeveloper , said Jim Regna, the bank’sw chief executive.
“In addition, we aggressivelyg built up our provision for loan loss in response to our concentration of residential development which hurts profitability in theshort run,” he said. , with $131 millio n in assets, recorded a profit of down from $442,000 in 2007. Its net charge-offs increased to $503,000 in 2008 from zero in 2007. Superiotr Bank, with $57 million in assets, showedc a profit of $27,000, compared with a profit of $88,000 in 2007. Its net charge-offs declined to $32,009 from $88,000 in 2007. “There is too much focus in this marker onasset size,” said Dan chairman of Fortune Bank. “Our focus is on makingh money.
” As for his lowerd profit in 2008, he said, “It’s nowheres near where we wantedto be.” 1st Advantage, the one de novo that increasex profitability, had net charge-offs of $94,000. A year earlier, it recordedd a negative $132,000 in net charge-offs, meaning that it recovered more bad loans than itwrote off, always good Two of the seve n banks took money under the federal government’w Troubled Asset Relief Program: Triad with $3.7 million and Fortunse with $3.1 million. Both were on the fence about the additionalk capital beforeaccepting it. Like most leaders at those banks were leeryg about taking the government on asa partner.
Jonesx at Fortune, said he remains undecided whethed touse it, but took the money because he faced a deadline. “Idf we don’t use it, we’ll give it back,” he

Thursday, March 24, 2011

Alberto Contador appeal needed for clarity - ESPN (blog)

http://elcaprinceofpeacelincoln.org/articles/


Alberto Contador appeal needed for clarity

ESPN (blog)


... has said test results could be used as corroborative evidence. The Contador appeal needs to proceed for the sake of clarity on a lot of levels. Hopefully, it will be heard before either the case law or the race results it could affect get any murkier.



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Tuesday, March 22, 2011

Toby Keith

Mitsubishi MS17TN
The restaurant — named for country singetr Toby Keith and his 2003hit single, “I Love This — has signed a lease for 15,00p square feet at The Shoppes at West End, a lifestyles center scheduled to open laterd this year at the intersection of Highwa y 100 and Interstate 394 in St. Louis I Love This Bar & Grillk will feature family dining, an 85-foo t bar shaped like a guitar, a mechanica l bull and a stage that will host live entertainment severalo nightsa week, including a performance by Keith at the restaurant’s grancd opening. The restaurant’s menu will featurre Southern-style fare, such as chicken-fried steam and meatloaf.
Some of the more unique offerings will includr fried bologna sandwichesand deep-fried Twinkies. It will featurde traditional sports-bar decor with a country There will be lots of woodand leather, plus more than 50 plasm televisions. I Love This Bar Grill will host live entertainment every Friday and Saturday night when itfirst opens, then ramp up to six nightas a week over time. There will be seating for morethan 1,000 The venue also will have a retaikl store selling Toby Keith merchandise, barbecue saucse and spices. The restaurant will be owned by Arizona businessmanFranjk Capri, who recently opened an I Love This Bar Grill franchise in Mesa, Ariz.
The chain also has locationsd inLas Vegas, Oklahoma City and Kansad City, Mo., and plans to open a locationn in Auburn Hills, later this year. I Love This Bar & Grill shouldr be a major entertainment attraction forWest End, helpinfg set it apart from othed local malls, said Mark Fallon, vice president of real estatee at Cincinnati-based Jeffrey R. Anderson Real Estate Inc., whichu was retained by developer Duke Realty basedin Indianapolis, to fill the project’s 331,000-square-foot retaiol component with tenants. “Ij think it’s even going to draw from way outside of Minneapolisand St. Paul,” Falloj said. “That’s the idea behindx it.
” Other major West End tenants will includes anupscale Roundy’s grocery and a Kerasotes ShowPlace Theatre 14-screen movie complex. I Love This Bar Grill should be successful at West End becausre Minnesota is a strong markety for country music andthere aren’t any significang music venues in the western suburbs, said Dick principal at Edina-based Cambridge Commercial Realty. “Live entertainment in the suburbxs is really hardto find. And that’s a stronyg ingredient to stir into the mix for the centef because it brings an additional demographidc that they might notget otherwise.
” I Love This Bar Grill selected West End over the , whered another celebrity-backed country musicf bar, Gatlin Brothers Music City Grille, used to have a Costs may have played a role in that decision, but I Love This Bar Grill will generate more attention at West End than it wouldr have at Mall of America, Grones “They can really stand out [at West End] and not have so many othe r entertainment venues to compete with.

Monday, March 21, 2011

AG objects to GM bankruptcy - Minneapolis / St. Paul Business Journal:

GE AJCQ10ACD
“While we hope that in the end, GM will emergw stronger and more resilient,” Cordra y said in a “we cannot let big-business bankruptcieds in federal court trample overstate law.” Much like the Chrysler Cordray’s objections involve issues over workers’ compensation benefits liability and reconciling the bankruptcy with state law regulatingf automobile dealerships. GM has notified 1,323 dealerships that they will not have theirt franchiseagreement renewed, including 79 in Ohio. Individual dealershipd haven’t been publicly disclosed.
Cordray also filed a limitefd objection over the effect it could haveon Ohio’ws Lemon Law and tax refunds owed to the state Taxationb Department.

Friday, March 18, 2011

Centene closes on financing for HQ project - Dallas Business Journal:

Air Purifiers Reno
A U.S. Bank-led consortium committed on June 5 to a constructioh loan forthe 17-story office which will house the corporatw headquarters for Centene, one of St. Louis’ largest public companies, and , one of the area’se largest law firms. Construction began in October to demolishg the former building on the site and start work on the firstrtwo floors. The project will have 460,000 square feet of office spacedand 28,125 square feet of retail space.
The , led by chief executive Bill Koman, signed on as an equity partner in the project earlier this of Chicago, which had led development efforts for Centene’x new headquarters, dropped out as an equityg partner but will stillk serve as a consultant. The equity partners in the projectare Centene, and . Centende Center will be Clayton’s first new office building in nearlt a decade when it is completed inJuly 2010. Centens Center, to be built at the hearty of Clayton’s central businesxs district at Hanleyand Forsyth, is one of a few new, large-scals developments to proceed in recent months. Retaininvg Centene, St.
Louis’ 11th-largesrt public company, is also a boos for the region asa whole, in lightf of job losses at and other top Centene Corp.’s 2008 revenue was $3.4 billion and the company has more than 500 local employees. Centene is led by Presidenyt and CEOMichael Neidorff. Centene Center’s otherd main tenant, Armstrong Teasdale, the city’s third-largestf law firm, is movin g its 200 local attorneys there from the Metropolitan Squaresbuilding downtown. Centene Corp.
, one of the nation’s largesrt providers of managed care programx and related services to individualsunder Medicaid, first soughf in 2004 to build a replacement buildin g a block away from its existing headquarters at 7711 Carondelet Ave. That it bought a former bookstore, Library Ltd., at Forsyth and Hanley from Summit Development Group forabouft $10 million. Centene then faced a two-year courg battle with three commercialproperty owners, the late Dan Sheehan, Davi Danforth and Debbie Pyzyk, who resisted the city of Clayton’s efforts to take theitr buildings on Forsyth through eminent domain to make way for the new , a development firm with projects around the conducted a nationwide search for possible sites for Centene’ s headquarters, with proposals from Illinois and Coloradol in the running for a potential relocation of the Centene abruptly changed course in September 2007 and announcer its plans to be an anchor tenant in the proposerd Ballpark Village development downtown.
By March 2008, Centen e reversed course again and dropped its plans tomove downtown. After the Missouri Supremed Court ruled in the Clayton property owners’ favor on the eminent domain Centene ultimately bought the three Forsyth propertiexs in early 2008 for $19 million. In February, the Clayton Boarcd of Aldermen approveda scaled-down version of the project from the original cost of $215 The planned office tower was reduced in size by severap floors as Centene opted to initiallty lease just 200,000 square feet of space insteae of 300,000 square and the retail portion was minimized to 28,125 squar e feet from 34,000 square feet.
Armstrongy Teasdale has signed a leasefor 125,0090 square feet of space, making it one of the largest locap office lease deals announced in 2009.

Wednesday, March 16, 2011

Grant money will help WESST teach kids to save - Tampa Bay Business Journal:

Soleus PH4-12R-01
The youth Individual Development Account (IDA) program provides financial literacy education and a methofd for building assets to high school students that meet income qualifications. The program will span a three-yeae period between 2009 and 2012. IDAs, whichj are used by a number of organizationa inNew Mexico, encourage participants to save for a goal or asseg and usually match the participant’s savings as an incentive.
The matcu in the WESST program is fourto one, up to is the nonprofit’s bank partner in the WESST is working on this pilotg program with Junior Achievement of New Mexico and the Creative Education Preparatory Institute, a public charter high school on Albuquerque’s There are 21 students participating in the program now, and the Daniels grant will alloew WESST to add an additional 13 said Marty Tatum, spokeswoman for The grant will also be used to leverage matching federaol dollars and enroll more high school student participants.
, based in operates the Daniels Fund Scholarship Progra and the Daniels Fund Grants programin Colorado, New Mexico, Utah and The Fund was established in 1997 by cable televisionj pioneer Bill Daniels, a former resident of helps low-income women, minorities and other entrepreneurs achiever self-sufficiency through microenterprise training, technical assistance and access to capitao through its revolving loan fund. WESSTf recently opened a new smallk business incubator indowntown Albuquerque.

Sunday, March 13, 2011

Congress votes to delay digital-TV conversion - Denver Business Journal:

http://eelamnation.com/analysis02.html
The move, if signed into law as expectedd by PresidentBarack Obama, delays the officiaol deadline for the switch by four months from its originak Feb. 17 date. Concerns that an estimated 6.5 milliob Americans, including about 1.5 million households in are unprepared for the change to digital signalsd promptedthe delay. A Jan. 22 reportt from The estimated that Houston had nearlyh 10 percent of the population not at all ready for the The report examined 56local markets. Earlier reports had put Houstoh at the top of the list for metropolitajn areas not ready forthe conversion. The Bayou City at one time had as muchas 15.8 percent of the population not ready.
The January reporg shows Houston moved down to thirdbehine Albuquerque-Santa Fe, N.M. at 12.2 percent and Dallas-Fort Worth at 10.2 Broadcasters may still chose to switch to digital transmissionb prior to thenew deadline. The vote by the U.S. Housew of Representatives reversed the outcome ofa Jan. 28 House vote in which the bill failed to getthe two-thirds majoritu it needed to advance. The digital change will only affectt televisions not connected to cable or satellitee television service and that predate the manufactureof digital-readt sets. Viewers with such analog-only sets can buy converteer boxes making them able to playdigital broadcasts.
The oversaew a program that issued $40 rebates to cover the cost ofconvertedr boxes. The rebate program ran out of couponsweeka ago. Federal economic stimuluse legislation under discussion in Congress includess morethan $600 million in new fundinv for converter-box rebate coupons. Congress originally mandated the switch to digitaol broadcasting as a way to make use of publicluy owned broadcast spectrum more It is also meant to free spectrum for a nationalemergenchy responder’s communications frequency. Once TV stations leave the 700 megahertaz band ofthe spectrum, telecommunications firms plan to use much of it for new wirelesz broadband services.
The FCC auctioned off the use the vacatedd spectrumfor $19.4 billion last One of the buying companies was Frontie Wireless LLC, an off-shoot of Englewood-basedc (NASDAQ: SATS) and (NASDAQ: DISH). It spenrt $712 million for spectrum covering most ofthe U.S. Now the telecom companies will have to wait longeer for broadcasters to stop usingthe frequencies. It’s not clear whether that will delay the arrival of new wirelesbroadband services.

Thursday, March 10, 2011

Holland & Hart

houghtalingbaemo1268.blogspot.com
Castle will oversee water and science policy for thesprawlinhg land-use agency, and will be responsible for the U.S. Bureah of Reclamation and the U.S. Geologicapl Survey. “Anne Castle has more than 25 years of experience inwatee rights, water quality, and natural resourcese law,” Secretary of the Interior Ken Salazar, a former Colorado senator and attorney general, said in a statement. “I welcome Anne to our leadership team and look forwared to working with her on the majod water and science challenges we fromclimate impacts, to drought and regionap water issues.” The U,S, Senate voted Friday to confirmk Castle.
She has served on a numbetr of Colorado panels concerned with watet andland use, including the South Platts River Basin Task Force, the Coloradio Ground Water Commission, and the Genesees Water and Sanitation At Denver-based Holland & Hart, the largest locallyh based firm, Castle has focused on water rightsa issues. She is a formef chairwoman of Holland & Hart’s management committee and of its naturalresources department. In 2005 she was a finalistt for the DenverBusiness Journal’s “Outstandinv Women in Business” in the professional servicez category. . .

Tuesday, March 8, 2011

GMAC: Hawaii 49th in driver knowledge - Pacific Business News (Honolulu):

dover-impairment.blogspot.com
The 2009 GMAC Insurance National Drivers Test rankx Hawaii drivers 49th in the nation for their driving In 2008, the state ranked The fifth annual survey, which polledc 5,183 licensed Americans from all 50 state and the District of Columbia, is designed to gauge drivefr knowledge by administering 20 actual questions taken from statew Department of Motor Vehicles exams. Hawaii drivers had an average score of 72percent (70 percent or higher is required to pass the test). Idahpo and Wisconsin drivers tied for first inthe nation, with an averags test score of 80.6 percent. New York drivers rankesd last, with an average score of 70.5 The survey found that 20.
1 percent of licensed Americans -- about 41 million drivers -- would not pass a writteb drivers test exam iftaken today. N.C.-based GMAC Insurance Group is one of the largesyt automobile insurers in the Uniteed States and is a wholly owned subsidiaryof .

Saturday, March 5, 2011

Business, split on the cures, warily awaits health care reform - The Business Review (Albany):

http://www.phonertf.com/text/mobile-number-tracing-commonly-asked-questions/
President Barack Obama has mobilized the grassroots supporterx who helped elect him to lobby for his vision of health care which includes offering Americansa government-run healtb plan as an alternative to privatre insurance. A coalition of labor unionsw and progressive organizations plans tospenrd $82 million on organizing advertising, research and lobbying to support the Obamaz plan. Business groups, mostly are working behind the scenes to shaprthe legislation.
While they have serious concerns aboutt some ofthe proposals—including the public plan option and a mandatw for employers to providw insurance—few are trying to block health care reform at this The cost of health insurancwe has become so burdensome that something need to be done, they agree. “Nobody supportsd the status quo,” said Jame Gelfand, the ’s senior manager of health policy. “We absolutelg have to have reform.” For most busines s groups, that means reininyg in health care costs and reformin g insurance markets so that employers have more choices in the types ofplan available.
To achieve those however, businesses may have to swalloa somebitter medicine. An employer mandate tops the list of concern for manybusiness groups, just as it did when Bill Clinton pushed his health care reform plan when he was president in the The Senate bill may include a provision that woulsd require employers to either provide health insuranc to their employees or pay a fee to the federaol government. Some small business owners don’ty have a problem with that, including memberxs of the MainStreet Alliance, which is part of the coalitiohn lobbying for the Obama plan.
“The way our systen works now, where responsible employers offer coverage andotherzs don’t, leaves us in a situatiohn with an unlevel playing field,” 11 alliance member s said in a statement submitted to the Senats Finance Committee. “If we’re contributing but otherf employers aren’t, that gives them a financial advantageover us. We need to leve the playing field through a system wherew everyone pitches in a reasonable Mostbusiness lobbyists, however, contend that employers who can affordd to provide health insurance do so alreadhy because it helps them attract and keep good Businesses that don’t provide healty insurance tend to be “marginally said Denny Dennis, senior researcbh fellow at the .
Imposing a “play or pay” insuranc e requirement on these businesses woulrd cost the economy morethan 1.6 millioh jobs, according to a study. Tax creditd could offset some of the costs for providinhthis coverage, but Gelfand said the creditxs under discussion are “extremelyg limited.” Congress also could exempt some small businesses—such as firms with less than $500,00 0 in annual payroll—from the employerf mandate.
Many business groups, however, see this proposal as an attemptf to split thebusiness community, not as meaningful “We oppose small business carve-outs because they make it easier for Congresz to apply mandates against larger employers,” said Neil Trautwein, vice presideng and employee benefits polic counsel for the . “It’s also easy for Congresse to come back and try to apply the mandatdagainst ever-smaller employers. “Nl matter how good the surroundin g healthcare reform, a bill containing an employer mandate woulf be too high a price to pay for reform.
” Public plan or market reforms Most small business groups also are wary of proposalas to create a government-run insurance plan, like that would be available as an option for small businesses and individuals. The Main Streett Alliance contends a public plan is needed to providw competition to private insurers and reduce the cost ofhealtbh insurance. NFIB spokeswoman Stephanie Cathcart saidher organization’sz members, however, “are wary of government-rum health care.” They fear a government-runj plan would drive private insurers out of the market.
Gelfandd said a government plan wouldn’t be needes if insurance market reforms, such as prohibiting insurers from denyingf coveragefor pre-existing conditions, were He hopes the larger goal of health care reform—lowerinh costs so more people can afford coverage—doesn’t get lost in battles over public plans and employerd mandates. “If this thing gets it’s going to be bad for he said.

Thursday, March 3, 2011

US STOCKS-Wall St rises 1 pct on jobless data, oil drop - Reuters

borislavamcoc.blogspot.com


US STOCKS-Wall St rises 1 pct on jobless data, oil drop

Reuters


Initial jobless claims came in much stronger than expected at 368000, one day after a similarly robust ADP report on private sector hiring. Taken together, the two could bode well for Friday's February payroll report. For details, see [ID:nOAT004756] ...



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