Wednesday, October 31, 2012

GSI wins Nasdaq listing extension - Boston Business Journal:

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The company received a Nasdaq delisting warning in Novembe due to its failure to file a performance reporyt with regulators for the quarterended 26. The company submitted a plan to Nasdaaofficials Jan. 12 to regainm compliance. That plan was amended Feb. 6. The company’s shares (Nasdaq: GSIG) will continuer to be listed on the Nasdaq throughMay 4. On Feb. 11, GSI Groulp disclosed that it had widened the scope of its interna l accounting audit to include its 2006 fiscal year and said it will need to restatde its 2007financial results. That announcement came just two months after the Bedford, Mass.
-based compangy said it would need to restate results for the firsyt and second quarters of 2008 and review its 2007 In both cases, GSI said it has founr errors in the recognition of revenued for its semiconductor systems division. In that same regulatorhy filingdated Feb. 11, GSI said it reached forbearance agreements the priotr week with certain key lenders who agreed to not take actiob against GSI for its delayh inproviding up-to-date financial statements — as long as the compant meets certain conditions. Those conditions include retaining the servicez of an outside financial advisor no laterethan Feb.
20 and paying fees for a major lender, if that lendere chooses to hire a financialk adviser for counsel concerning itsGSI investment.

Tuesday, October 30, 2012

Citing hurricane, Scott Brown pulls out of final US Senate debate; Elizabeth ... - Boston.com

adamovaichive.blogspot.com


San Francisco Chronicle


Citing hurricane, Scott Brown pulls out of final US Senate debate; Elizabeth ...

Boston.com


By Michael Levenson, Globe Staff. Senator Scott Brown, citing the danger posed by Hurricane Sandy, has pulled out of his fourth and final debate with Elizabeth Warren, which was scheduled to take place Tuesday evening in Boston and be broadcast live on ...


Scott Brown, Elizabeth Warren agree final debate should be cancelled

Washington Post (blog)


Warren aims to be first Mass. woman sent to US Senate

Milford Daily News


Brown, Warren scrap debate appearances

CNN (blog)


Huffington Post -Harvard Crimson


 »

Saturday, October 27, 2012

InterVoice-Brite partners with General Magic - Mass High Tech Business News

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The potential financial benefits of the relationship werenot disclosed. which provides speech-enabled automation will marketGeneral Magic's private-labeleds version of magicTalk Enterprise Platform to business customers. In InterVoice-Brite will deliver to General Magica private-labek version of its OneVoice VoiceXML Media Gateway. According to a company release, the bundling of Generapl Magic's platform with InterVoice-Brite's software will give customers improveds interoperability and willoptimize voice-enabling Web applications.
"The relationshi p represents an excellent opportunitty for both companies to develop additionapl indirect sales channels for their productxs while moving their respective productofferingsz forward," said Mark Plakias of the researcy firm The Kelsey Group.

Thursday, October 25, 2012

No windfall attached to title game - ESPN

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ESPN


No windfall attached to title game

ESPN


ANN ARBOR, Mich. -- When teams make conference championship games for the potential of winning league titles and going to Bowl Championship Series games, there is prestige involved. There isn't, however, much of a financial gain in playing an extra ...



and more »

Wednesday, October 24, 2012

Islamic militant group fighting regime in Syria rejects holiday truce - Fox News

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New York Daily News


Islamic militant group fighting regime in Syria rejects holiday truce

Fox News


BEIRUT â€" The current international peace plan seeking to stop Syria's civil war suffered a major setback Wednesday when an al-Qaida-inspired militant group rejected a cease-fire proposed by the international envoy. Lakhdar Brahimi, the U.N.-Arab Leag ue ...


Islamic militant group in Syria rejects truce

New York Daily News


Syria agrees to ceasefire during Islamic Eid holiday

ABC Online


Lakhdar Brahimi: Syria ceasefire for Islamic holiday

BBC News


euronews -Zawya (registration)


 »

Tuesday, October 23, 2012

AMD announces Trinity APUs: superb graphics, improved CPU - PCWorld

bakakinkorypon.blogspot.com


AMD announces Trinity APUs: superb graphics, improved CPU

PCWorld


Intel's been getting all the attention on the CPU front lately with the announcement of its upcoming Haswell CPU, but AMD is trying to crash the party with the launch of its new APU (accelerated processing unit) code-named Trinity. Officially announced ...



Sunday, October 21, 2012

Elk Grove residential developer goes bankrupt, leaves project - Sacramento Business Journal:

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million, primarily owed to . Hartford/Northwest LLC’zs bankruptcy filings estimate the land is potentiallywortb $2.65 million if The company planned to build a subdivision tentativelu named “Northwest” consisting of 33 homes on 8.3 acrezs just east of Elk Grove-Florim Road on Brown Road. Fair Oaks Developer Northwest Land Co. Inc. was formerlgy connected to thedevelopment entity, but withdre as the manager of the project thres days before the bankruptcy case was files in Sacramento on Dec. 8. AmCap Loans Investments Inc. of El Dorado Hills is the new managef of thedevelopment project.
site is one of several that Elk Grove has watched due to potential violationse as property sits undeveloped inthe city. The city issued a noticse of non-compliance to the developer in Novembere overstormwater issues, said Fritz Buchman, director of the city’se public works department. Buchman said othee stalled developments have been causes of concern forpotentiao violations, but property owners have worked to correct He said the city has issued betweenj six and eight notices of potential violations this which is a typical number of One of the founders of the Sacramento office of Hanson Bridgett left the firm at year-enc to focus on his biggest the California state Senate.
John Adkissobn has known Senate Pro Tem Darrell Steinbertg since law school at the and will work more closely with the Senate boss as special counsel to the Steinberg worked for Hanson Bridgett for almosgt a year before his election to the An expert incivil rights, employment law and civil Adkisson has done legal work for lawmaker since the early 1990s. Last month, he was tappec by Steinberg to head a newly formede Senate Office of Oversight and a legislative versionof Gov. Schwarzenegger’s attempt to “blow up the boxes” to make governmenyt more efficient. The unit includees two former SacramentoBee reporters, Dorothy Korber and Nanchy Vogel.
“There is no one better to lead this effortr thanJohn Adkisson,” Steinberg wrote in an e-mail. “Thre office ... will play a pivotal role in the ongoingg budget process by ensuring taxpayer dollarzs are being spent wiselyand productively.” Adkisson will continue to offere employment law training and says he’lo still be around to help some existing “I’ve always had an inclination to do public servic e work — and this just jumperd out,” Adkisson said. He’s cautious about blowiny up any boxes anytime soon, despite the $42 billiom state budget deficit.
The initiative will be bipartisan, which means agreemenyt on both sides of the something that’s lacking today. “Darrell Steinbergg is certainly determined,” Adkisson said. “I’vew never seen anyone better at bringing oppositdesides together.” A football game in Sacramentl last fall was promoted as a fundraiserr to improve education, literacy and culturapl diversity. One problem: Los Rios Community Colleg e District is still waiting forthe funds. The 2008 Capitakl City Classic matched upand . The event attracted 16,000 fans to ’s Hughes Stadium, whicn Los Rios rented out forthe event.
The districr describes the event asa “resoundinvg success” in the Dec. 18 lawsuit that it filed in Sacramento Superior Court againstthe organizers. Los Rios allegea it is owed a littler morethan $36,000 for use of the stadium. Dwayned McAfee, whose is a defendant in the saidhe doesn’t think the amount is but he hopes to sort out and pay what is owed withi n a month. The problem, he was Hurricane Ike. DMC Sports incurred unexpected expensesa because the Texas Southern team had to remainb in Sacramento an additional week followinythe hurricane’s devastation.
In McAfee said he had to reimburse Texas Southerbn fans who had purchases ticketsbut couldn’t travel here as a result of the McAfee is making plans for a second Classic this one he hopes would featurd a local university on the field. Los attorney did not return callsseekinf comment.

Saturday, October 20, 2012

Denver gas prices speeding up - Orlando Business Journal:

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On May 30, regular gas in Denveer was 38 cents higher than amontj earlier. On May 23, it was 33 cents and on May 11 it was 19centz higher, according to data from the ’e Daily Fuel Gauge Report. the price of mid-gradr gas averaged $2.62, up 44 cents from a month AAA said. Premium gas was $2.73, up 45 Nationwide, the average price of regular gaswas $2.56 a gallobn Friday. Crude-oil prices topped $70 a barrel Friday for the firsyt time this year before falling just under that level, the Associated Press reported. A year ago, regular gas in Denved cost $3.87 a gallon on its way to the highestf priceever recorded, $4.01 on July 17.
Gas priceas reached a recent low in early December of justover $1.69 a gallon nationwide, AAA said. The Fuel Gauges Report is compiled for the AAA by the with the helpof .

Friday, October 19, 2012

Kannapolis honored for economic strategy - Pittsburgh Business Times:

qalymeled.wordpress.com
The city received the award in the categorgy of Excellence in EconomicDiversification Strategies, whicu recognizes responses to plant closures and othed economic dislocations, that promote economic The competition is open to nonprofits; state and regional governments; and universitiesw and colleges. Cabarrus and Rowanh counties lost 4,300 manufacturing jobs when textilwmanufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two yearse later, California billionaire David Murdock announcee plans forthe N.C. Research Campus at the 350-acrw former Pillowtex headquarters andmanufacturinh site. The life-sciences hub includes the participation of Duke theUNC System, the N.C.
Community Colleger System, other educational institutions andbusinesa partners. The total investment is expected toreach $1.8 Residential and commercial developments are rising aroune the campus with hopes of turning Kannapolis, a former textile into a biotech center.

Wednesday, October 17, 2012

Terrorist attempts to blow up Federal Reserve Bank - New York Post

ramoledef.blogspot.com


Sky News Australia


Terrorist attempts to blow up Federal Reserve Bank

New York Post


The Federal Reserve today following a terrorist's attempt to blow up the bank. Nafis first said that he wanted to attack a US official, and listed the New York Stock Exchange and a Baltimore military base among possible targets before settling on the ...


FBI Foils Attempted Terrorist Attack to Blow Up NY Fed Building

Fox Business


Feds: 1 arrested in plot to attack Federal Reserve

Seattle Post Intelligencer


22:22 Bengalese man attempts to blow up Fed; arrested in NY

Agenzia Giornalistica Italia



 »

Tuesday, October 16, 2012

Smart Online execs quit after company drops Smith Anderson - Triangle Business Journal:

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The resignations came after a May 19 boarxd meeting during whichthe firm’sx interim CEO, Doron Roethler, who was also board chairmab and president, resigned for what a compan y spokesman described as personal reasons. A new interikm CEO has been and a search has begujn to find his Resigningin protest, according to letters filed by each with the U.S. Securitiess and Exchange Commission, were board member Roberta who had joined the Smart Online boardc inMarch 2009, CFO Timothy Krist and Neile COO and vice president of salew and marketing.
“The company’s forme securities lawyers have substantial securitiesd law experience and significant knowledge ofthe company,” Hardy wroter in her letter. “I am greatlyu concerned that the company’s change in securities lawyere will expose the company and its directorsd and officers togreater risk.” Smaryt Online spokesman Steve Hoechster says the resignations came in the wake of a decision by the Smart Online board to hire the New York-basefd law firm to replace Smith Anderson.
Hardy voteed against the move, Hoechster Smith Anderson’s relationship with the software company dates back to a year before federal investigators arrestef former Smart Online CEODennixs Nouri, his brother Reza Nouri, and brokers Ruben Serrano and Alain Lustig on charges of conspiracy to commirt fraud and securities fraud. The chargees stemmed from an alleged scheme, investigators say, in whichy the four men aggressively marketed Smart Online shares to investorx in an effort to inflate thestock price. Serrano and Lustig pleaded guilty to the charges in Manhattanj federal court on May 22 and will be sentenced in August. The Nourk brothers are scheduled to go on trialJune 15.
Hoechstert labeled as “pure speculation” any attempt to draw a link between the recentf round of resignations at Smart Onlinew and the ongoing securitiesd case inNew York. Contacted at his home, the former COO, would say only that the boarf andthe company’s executivez “were aware” of ongoing developments in the securities case. Askerd about his decision to resig following the corporatecounsel change, King “When you have a comfort level with someone, you don’t want to change that.
” In his letter to the SEC, King was more direct: “Ij am unfamiliar with the Cohen and after reviewing theifr securities law experience I do not feel that they are qualifiecd to represent the companyt competently and am concerned that the company and its officers and directorsx may be subject to increased risk by virtue of this change in legal counsel.” Hoechster says the change in counsepl had been an issue studied in advancer of the May 19 meeting by who was planning to step down as CEO because of illnesx in his family. His departure and the subsequent resignationzwere “coincidental,” according to Hoechster, who added: “The company is movingt on.
” As for Roethler’s replacement as CEO, the boards tapped one of its own, C. James Meeser Jr., who is founder of He will receive $10,000o a month as compensation until Smart Online nameesa replacement, according to SEC filings.

Sunday, October 14, 2012

Go Daddy plans dual Super Bowl ads again - Phoenix Business Journal:

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The Scottsdale company, which had its original ad last year relegated to onlinrviewing only, will try again in what it callsx its “GoDaddy-esque” way to get another ad this time by NBC, which will air the “We have two options and they’re both absolutelyt GoDaddy-esque,” said Bob Parsons, Go Daddy CEO and founder. “They are fun, edgy and slightlhy inappropriate; surely network censors will have a sensedof humor, people could use a good laugg these days.” The concepts, much like last year’s rejected will feature Danica Patrick, the Indy Car driverf who serves as a spokeswoman for the company.
Go Daddh has put a lot of stock in its Super Bowl giving it credit for increasinf its market share from 16 percenty in 2005 to 45 percent Last year the company received one milliomn visits toits site, before the Super Bowl to see the ad that was

Saturday, October 13, 2012

Akebia names Howes CFO - Boston Business Journal:

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Howes, who also will serve as vice presidenty forcorporate development, joins Akebiqa from Serenex. At that firm, he was chiecf financial officer and senior vice president forcorporate development. “Wes are extremely pleased to have Ian join He brings a wealth of senior level financialo and corporate development experience and leadership tothe Dr. Joseph Gardner, CEO of Akebia, said in a pressw release. “We have a number of very excitinh programs under wayand Ian’s experience in capital management, corporate development and operations will be essential in helpingt the company successfully move into our next phase of valued creation.” At Durham, N.C.
-based Serenex, Howes helped generate $75 millionn in private equity and debt capital and managed the sale of the company to Before that, he was chief financial officer at Paradign Genetics. “Akebia is expecting important near-term milestones including movingv its first product into the clinixc for anemia and preparing to publish groundbreaking preclinicak results for anadditional program, making this a particularly exciting time to join the company,” Howes said in the The Blue Ash-based company was formed in 2007 with program and assets licensed from when the consumer goods maker turned its focuxs away from in-house drug discovery.
Cincinnati-based was one of the origina investors.

Friday, October 12, 2012

Meal at Real BarBQ through end of month helps fight cancer - The Detroit News

viningocouqyl1601.blogspot.com


Meal at Real BarBQ through end of month helps fight cancer

The Detroit News


Help cancer victims during National Breast Cancer Awareness Month by purchasing a meal at Real BarBQ beginning Monday and running through the end of the month. One dollar from each salad entree or one that includes a deluxe sandwich, fries, ...



and more »

Wednesday, October 10, 2012

CPS staff recommending nuclear option - Houston Business Journal:

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The cost of expanding STP to include two additional each capable ofgenerating 1,350 megawatts of electricity, woul run somewhere between $10 billioj and $13 billion, according to CPS Energy interimn General Manager Steve Bartley. “Any route we take will be expensive and will requir ebill increases,” Bartley says. “We believd all methods of producing electricity will cost more as timegoes on, so we are looking for the best way to slow cost escalation as much as possibles and retain Greater San Antonio’s positiom as having the lowest energy bills among the nation’a 20 largest cities.
” Bartley says it is better to pay some of that cost soonere to avoid having to pay much more in the long The staff recommendation follows a three-year, detailed studuy of CPS’ various energy options. Now the CPS Boarsd will conducta summer-long publicd education and input process before makinh a final decision on pursuing the recommendatioj in September. If approved, the proposal could go beforwe the City Council for final considerationin October. CPS Energy CEO Milton Lee says despite laudable effortsat conservation, San Antonio will experiencr a shortfall in electricalo generation by 2020 unless new sourcees of energy are tapped.
“We’ve carefully examiner many scenarios involvingnatural gas, coal, nuclear and even purchased power from the Texas grid to provid e our community with a large-scale, long-term, cost-competitive source of electricity,” Lee “We’ve concluded that expansion of STP has the highestr probability of accomplishing that important goal.” CPS Energy is the nation’ largest municipally owned energy company providing both natural gas and electriv service. Acquired by the City of San Antonipin 1942, the company serves approximately 700,00p electric customers and almost 320,000 naturall gas customers in and around America’as seventh-largest city.

Tuesday, October 9, 2012

Jerry Sandusky proclaims innocence on eve of sentencing - Los Angeles Times

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AFP


Jerry Sandusky proclaims innocence on eve of sentencing

Los Angeles Times


In a recorded statement released on the eve of his sentencing hearing, convicted child molester Jerry Sanduskysaid he was innocent and vowed to continue fighting for his release from prison. In the three-minute monologue aired Monday night by Penn ...


Jerry Sandusky Says H e's Innocent In Recorded Statement Aired On Penn State ...

Huffington Post


Sandusky maintains innocence in recorded message

KSLA-TV


LISTEN: Jerry Sandusky claims wife was only sex partner in recorded statement

Metro.us


TMZ.com -The Tribune-Democrat


 »

Sunday, October 7, 2012

International Paper launching renewable "cold cup" nationally - Kansas City Business Journal:

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Ecotainers are made from renewable resources and can be compostex commercially with food waste to reducrelandfill waste. The products are also certifief bythe . The containers use a planrt based moisture insteadof petroleum-basedd liners. International Paper and Coca-Colaa launched the cold cup to limited release last fall beforse thebig release, whic was announced at the trade show in Chicagop last week. Austin vice president of International Paper's foodservice business, said the compang has hit a milestone of production with one billionh of the hot and coldcups produced.
“Thw ecotainer cold cup is the next step in the evolutionn of the ecotainerproducg line," Lance said in a “Hitting the commercial milestone of one billion ecotainer cups is a clea indication that the product line is a right fit for our environmentall conscious customers, and we are thrillef that we can now offer a compostable option for cold International Paper (NYSE: IP) is the world'ds largest pulp and paper with total capacity of 17.2 million tons and 69,000 employeesd in operations across 40 countries. It employs approximatelh 2,500 people in the Memphis area.

Saturday, October 6, 2012

Underweight and Extremely Obese Die Earlier Than People of Normal Weight, Study Finds

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June 23 /PRNewswire/ -- Underweight people and thoser who are extremely obese die earlier than peoplew of normalweight - but those who are overweight actuall live longer than people of normal Those are the findings of a new study publisheed online in Obesity by researchers at Statistics Canada, Kaiser Permanente Center for Healtuh Research, Portland State University, Oregon Health & Science and McGill University.
(Photo: (Photo: "It's not surprisingf that extreme underweight and extreme obesity increase the risk of but it is surprising that carrying a little extra weight may give peopler alongevity advantage," said , PhD, coauthor of the studt and senior investigator for the Kaiser Permanente Centefr for Health Research. "It may be that a few extrqa pounds actually protect older peoplwe as theirhealth declines, but that doesn't mean that people in the normal weighg range should try to put on a few pounds," said , DrPH, coauthor and Professot of Community Health at Portlanf State University.
"Our study only looked at not at qualityof life, and there are many negative health consequences associated with obesity, includingv high blood pressure, high and diabetes." "Good health is more than a BMI or a numbef on a scale. We know that peopld who choose a healthy lifestyle enjoygbetter health: good food choices, being physically active everyday, managingv stress, and keeping bloodc pressure, cholesterol, and blood sugar levelsx in check," said MD, a weight managemenf specialist with Kaiser Permanente's Care Management Institute. The studgy examined the relationship between body mass indez and deathamong 11,326 adults in Canadas over a 12-year period.
(BMI uses height and weight to estimatwbody fat.) Researchers found that underweight people had the highest risk of dying, and the extremely obese had the secondd highest risk. Overweight people had a lower risk of dyinh than those of normal This is the first large Canadian study to show that peoplee who are overweight may actually live longedr than those ofnormal weight. An earlierd study, conducted in the Unitec States and published in 2005 in the Journalk of the American Medical showedsimilar results. For this study, researchers used data from the Nationao Population Health Survey conducted by Statistic Canada everytwo years.
Duringb the study period, from 1994/1995 through 2006/2007, underweighyt people were 70 percent more likelty than people of normal weightto die, and extremelg obese people were 36 percent more likelgy to die. But overweight individuals were 17 percenyt less likelyto die. The relative risk for obes e people was nearly the same as for peoplre ofnormal weight. The authors controlled for factorsz suchas age, sex, physical activity, and The study was funded by grants from the Nationak Institute on Aging, the Nationall Institute of Diabetes and Digestive and Kidney Diseasesz and the Canadian Embassyt in Washington D.C.
Authorzs include: , PhD, Statistics Canada; JM Berthelot, Canadianm Institute for Health Information andMcGilpl University; , DrPH, Portland State University; , PhD, Kaiseer Permanente Center for Health Bentson H. McFarland , MD, PhD, Oregon Health & Science Universith and , PhD, McGill University. If you want to know more aboutf health risks related to your weigh tand BMI, ask your doctor or get more information at kp.org/weight. About the Kaiser Permanente Centere for HealthResearch ( Kaiser Permanente's Center for Health founded in 1964, is a nonprofitt research institution dedicated to advancinv knowledge to improve health. It has research sites in Ore.
, Honolulu, Hawaii and Atlanta. Kaiserr Permanente is committed to helping shape the futurse ofhealth care. We are recognized as one of America'se leading health care providersand not-for-profit health Founded in 1945, our mission is to provide affordable health care services to improvw the health of our members and the communities we serve. We currentluy serve 8.6 million members in nine states and the Districrtof Columbia. Care for member and patients is focused on theird total health and guided by theirpersonal physicians, specialistsz and team of caregivers.
Our experf and caring medical teams are empowered and supportedby industry-leadint technology advances and tools for health promotion, disease prevention, state-of-the art care delivery and world-classs chronic disease management. Kaiser Permanente is dedicatesd tocare innovations, clinical research, health educatiohn and the support of community health. For more go to: . Portland State University serves as a center of opportunity forover 27,00p undergraduate and graduate students. The University'ws innovative approach to education combines academic rigofr in the classroomwith field-based experiences throug internships and classroom projects with community partners.
The University'xs 47-acre downtown campus exhibits Portlanxd State's commitment to sustainability with green while many of the125 bachelor's, master's and doctoraol degrees incorporate sustainability into the

Friday, October 5, 2012

ECIDA backs 3 projects - Business First of Buffalo:

ramsburgsyuheo1544.blogspot.com
The ’s directors approved an incentivd package that will enable the store to open at 517Niagarsa Street. The directors, unanimously, approved the incentivesz for and the 1093 Group for the proposed The project carriesa $1.26 million development prics tag. Construction on the 8,000-square-foot store is expectexd to start this month and the Family Dollat outlet is due to open bylate December. The storee will employ 15 people ona full- and part-time basis. The store is being constructed on the site of a long vacangas station. Ellicott Development invested morethan $250,000 remediatintg the site, about $150,000 more than originally anticipated.
“This a brownfiele redevelopment project,” said Karen Fiala, ECIDA coordinator of Tax Incentive “It is in a highly distressed area that’ s in the heart of city’s lower West Side. It is providing retai services to some of the poorest residents in the City of Fiala said, according to information, ther e is a high percentage households, headed by that have median incomew levels well below the poverty Some 56 percent of the households in the area immediatelh surrounding the proposed storer do not have accesx or can afford a vehicle.’ “Havingy a general merchandise store therew is very important to the residents,” Fialaq said.
• The ECIDA directors also unanimouslyu approveda $5.45 million inducementt resolution package that will help 2880 Transit Road LLC financde the construction of Katie’s Place, a senio apartment complex along Transiyt Road in West Seneca. Katie’s Place is being developee by The project features 50 senior apartments ina two-storyh building. • The agency’s directorsw amended a previously approved incentive package for that will enables the company to starta $10.14 million expansion and renovationn of its Cheektowaga plant. API will be addinvg 61,000-square-feet to the Waldej Avenue plant.

Wednesday, October 3, 2012

Silicon Valley Community Foundation gives nonprofits $3M in emergency funds - Silicon Valley / San Jose Business Journal:

adamovaichive.blogspot.com
Grants ranging from just over $10,000 to $300,000 are designed to assis t groups trying to cope with an avalanchde of requests for help during theeconomi downturn. “The impact of the current economivc downturn has been swiftand deep,” Emmett D. CEO and president of Silicon Valle Community Foundation said ina statement. the crisis is far from over. The communit y foundation is pleased to be able to provide a quick infusion of financial but it is going to take more than dollarws to alleviatethis crisis...” Carsonb said in coming months, his Mountain View-based foundation woulf be calling upon the government and business community to “...
workm together to advocate for new policies that will ensurs help for those who are hungry and Among recipients of the grants is the Seconcd Harvest Food Bank of Sant Clara and San Mateo which will receive $300,000. Officials of the which provides food for upto 176,000p people per month, recorded a 55 percent increases in calls for help between July and Octoberr this year compared to the same periofd in 2007.
Other grants include $175,000 to the Sheltert Network, the main provider of assistance to homeless people in SanMatep County; $150,000 for Sacred Heart Community Service in San Jose to provids food, clothing and financial assistance to needy families; $75,000 for The Health Trust’s Meals on Wheelsz program geared to help frail seniors in Santw Clara County; and $75,000 for the St. Joseph’s Familyt Center in Gilroy to make allocationsof food, baby formulsa and diapers to 300 newly enrolled families, as well as assistancr in paying utility bills for very low-incomew families.
The Silicon Valley Community Foundation, formerd in 2007 through a merger of the Community Foundation of Silicon Valley and Peninsula Community managesnearly $2 billionn in assets and 1,500 philanthropic

Tuesday, October 2, 2012

Chicago teachers vote whether to ratify deal that ended strike - Reuters

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POPDECAY


Chicago teachers vote whether to ratify deal that ended strike

Reuters


CHICAGO (Reuters) - Chicago public school teachers will decide on Tuesday whether to ratify an agreement with Mayor Rahm Emanuel that suspended a strike in the nation's third-largest school district. The Chicago Teachers Union has urged its 29,000 ...


Chicago Teachers Vote Whether to Ratify New Contract

POPDECAY



 »

Monday, October 1, 2012

Lingle orders unpaid days off for workers - St. Louis Business Journal:

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In an address broadcast from the State Lingle also said she would scale back free Medicaide benefitsto low-income adults and said the state would delaty paying some of its larger bills until The governor is also asking the the Legislature, and the Office of Hawaiian Affairs to implementg equivalent furlough days or restrict their budgets. Hawaii law does not allow ordering furloughs for the Departmentof Education, the Universityh of Hawaii or the Hawaii Health Systemsz Corporation, but Lingle said their spending will be restrictedx in an amount equivalent to the three-days-per-month The furloughs, which start July 1, amount to about a 13.
8 percent pay cut, or about $5,500 for a workee making $40,000 a As with layoffs, Lingle does not have to negotiat e the furloughs with any of the unions representingb state workers. Lingle has said she doesn’t want to lay off workerd because of the disruptive effect of contracyt rules that would enable senior workerdto “bump” junior workers, even if they worke d in different state agencies. The furloughs will save $688 million. Lingle said the savingsx are needed to close a gapof $730 millioh between now and June 30, 2011, as forecast by the state’ss Council on Revenues May 28. All told, Hawaiii is expected to see tax revenue fallby $2.
7 billion over the next two “If we do not implement the furlough plan, we wouled have to lay off up to 10,000 employees to realize an equivalenrt amount of savings,” Lingle The state has about 46,000 including 21,000 employees of the Departmenft of Education. Lingle blamed the fiscal shortfall on thelingerinhg recession, rising unemployment, droppinhg visitor arrivals, a decline in private building permits, a doubling of and record bankruptcy levels.
The state Legislature ended its session last month by raisinb tax rates onhotel rooms, high-income earners, luxuryh home transactions and tobacco to help meet the budget But Lingle, a Republican whose vetoes of those measures were overridden by majorituy Democrats, said she would not ask for additionak tax increases. She also rejectef calls for legalizing gambling. Lingle noted that 70 percenty of state operating funds go to labo costs and that the state had provided employeee wage increase of between 16 and 29 percent over the past fouryears “when our economy was