Sunday, September 30, 2012

Best Buy's profit down 15%, beats expectations - Sacramento Business Journal:

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The Richfield, Minn.-based consumer electronics retailer reportexd net earningsof $153 million, or 36 cents per diluted for the quarter ended May 30. That’s down from earnings of $179 or 43 cents, per share, in the comparablde period last year. Analysts surveyed by Thomson Reuteres had projected earnings of 34 centsd per share forthe quarter. Excludin restructuring charges, Best Buy would have had a profift of 42 centsper share. The compangy reported charges of $25 million, or 6 centds per share, related to change s to its domestic store-operationx model and corporate restructuring in its European business Best Buy generated revenueof $10.
billion in the first quarterr offiscal 2010, up 12 percengt from $8.99 billion a year ago. The additionj of 185 new stores offseta 6.2 percent drop in same-storwe sales. The company says its domestic market share acceleratexd duringthe quarter, growing almost 2 Domestic revenue increased nearly 1 percent to approximately $7.5 led by sales of notebook computers, flat-panel televisions, digita imaging and mobile phones. Meanwhile, international revenue increasesd 67 percentto $2.6 billion, drivem by new revenue from Best Buy which launched in spring 2008 through a joinft venture with London-based . The companh over the past year, including 45 small-forma stores in Europe.
Looking forward, Best Buy BBY) maintained its prior guidance forfiscap 2010, calling for earnings of $2.50 to $2.9p per diluted share, excluding restructuring The company had net income of $1 or $2.39 per diluted share, in fiscal 2009.

Saturday, September 29, 2012

CB Richard Ellis Inc. restructures nationally - Los Angeles Business from bizjournals:

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Robert W. McGrath, spokesman for CB Richar d Ellis (NYSE: CBG), declined to disclose the exact number of workers beinglaid off, citing federal regulations. McGratyh described the layoffsas “modest.” He also said the company wouldx disclose more information about the layoffs in its third-quartet earnings. John M. Germano, executive managingy director for CBRichard Ellis’s mid-Atlantic region, said in an e-mailed statement to the , a sister publication of Los Angelees Business: “Like the rest of the commercial real estats industry, CB Richard Ellis is operating in an extremelyg challenging environment.
We must act decisively to ensurew we’re in the best position to accomplishuour goals, both now and when the economy turns.” In the company reported net income for its secone quarter of $16.6 million, down from $141.1 million for the same quartere of 2007.

Thursday, September 27, 2012

'Investors want clarity and certainty on tax laws' - Business Standard

coras-newport.blogspot.com


'Investors want clarity and certainty on tax laws'

Business Standard


Bolstered by successful holding of the Olympics in London, the United Kingdom is showcasing itself as an attractive investment destination for India. British High Commissioner James Bevan will focus on it as well as potential of India-UK bilateral ...



and more »

Wednesday, September 26, 2012

CareWorks deal for Plannet Group shines amid dull economy - Washington Business Journal:

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, a homegrown tech company with agrowinvg clientele, was acquired May 21 by Dublin-based , whicj plans to add high-payinh jobs to support the purchase over the comintg year. Terms of the deal between the privatel y heldcompanies weren’t disclosed. The sale also freeas Plannet Group founder Jim Mazotas to startr another tech operation that coulrd begin hiring over the cominfg yearas well. “This firsg rush to the finish line endedr on apositive note,” Mazotas said. “And it looks like there is going to be anotherf onepast this.” The 39-year-old Mazotas has been runningb the race for sevenm years.
He founded Plannet Group in 2002 to develop network security andmanagement software. He started the businesd after becoming unhappy with the direction of the software development companyu where hadhe worked. Mazotas decidee to focus on developing a program that coulf help computer network managers visually managetheif environment, rather than forcing them to searcuh through lines of code for problems. He called the progranm Mission Control and financed Plannet Groupwith $70,000 from savings and a seconcd mortgage. He focused on government clienta – including the city of Columbus and Cuyahoga County because of the large computerf networksthey maintain.
Mazotas also moved into the gaminv industry in March after signinbg a contractwith , owne r of the Indiana Live Casino outsided Indianapolis. Mission Control is what attractedCareWorks Technologies, said Presiden Todd Cameron. Part of the CareWorks Family of a workers’ compensation managemenf company in Dublin, CareWorks Technologiee provides information technology servicesx to a broader client base than the parenty company. Cameron said the addition of Plannet Group and its services should increase revenue at CareWorks Technologied by 25 percentthis year, although he declineed to be specific about either company’sa financials.
“We hope it grows exponentiallyuafter that,” Cameron said. doesn’t have a sales team at all andwe do. It’sw a diamond in the rough.” Mazotasa said the lack of a sales team athis 10-employes company was one of the reasons he decided to sell. He said the firm reacher a “tipping point” in earlyy 2008 after hearing interest from othet companies looking to purchasePlannet Group, includingy one from out of “Should we continue as we were or take the next Mazotas said. “We wanted to get (Plannet Group) to the maturitg that could be foune by linking up with a companylike CareWorks.
” It’s fortunates for the region and its tech communituy that a local company bought Plannegt Group, said Ted Ford, CEO of , the industrt advocacy group that housedf Plannet Group at its business incubator from 2005 to 2008. “Itf you define success as keeping jobs in the area and continuingt with a foundationfor growth, then this is a success,” Ford “The goal is to grow technologyh jobs here, and Columbus is becoming a very good place to do that sort of All of Plannet Group’s Hilliard-based employees have joiner CareWorks in Dublin and, over the next year, likelgy will be joined by five to 10 Cameron said.
Those jobs likely will pay between $70,000 and $100,000 a While Mazotas is joining CareWorks, he does so as a His primary focus will be on his nextventurs – . Mazotas is buildinfg OnGuard around a behavioral analysisd security tool that flags suspicious patternd that could harm acomputerd network. A patent is beinh sought on the technology, Mazotas and CareWorks Technologies has invested in the new By the time the product is ready for generall releasein 2010, Mazotas hopes to have a 25- to 30-workefr payroll. Mazotas hopes he will be tellinbg a similar story a yearfrom now. “Itf just goes to show that littlee guys can have a home he said.
“Even in this

Tuesday, September 25, 2012

Are you satisfied with the functioning of blood banks in Goa? - Times of India

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Are you satisfied with the functioning of blood banks in Goa?

Times of India


Blood transfusion is a key part of modern health care and there is a need to ensure adequate supply and quality of blood and blood products. Blood banks in Goa meet quality and safety standards. However, there is need to have more recognized centers to ...



Sunday, September 23, 2012

5 Who Thrive: Four key changes enabled SuperGeeks to prosper - Kansas City Business Journal:

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Hawaii-based SuperGeeks opened thres new computer service and repair centereslast month, one each on Oahu and the Big Island, bringinv the total to sevenm locations statewide. He expectxs revenues to exceed $1.8 million this year, up almost 40 percent from twoyears ago. Kerr, who foundef the business in 1998, creditsz most of the success to four changesz he made in running the company asits CEO: Hiring a chief operating • Hiring business consultants. Improving hiring standards. • Tapping into customer feedback. Last August, Kerr hired Elena Ledoux to handle day-to-day operations as chiefr operating officer.
“I see good companies as havinbg threelegs — the evangelizer, or myself; workers to do the and management to handle daily Kerr said. “We were sort of limping along on Ledoux, a lawyer who is based at the main servicr center at2304 S. King St., overseesa SuperGeeks’ staff of 25 and is implementinb ways to measure daily That enables her to reward employeew when goals are met and addresd issues when theyare not. “We’ve learned how to keep score,” Kerr “We measure everything from performance per warranty ratesper technician, turnarounfd time, customer service. We measure it, post it and make the team aware of it.
” SuperGeeks services computer systems at homes and offices as well as at its Hourly rates range between $60 and $130. Half its business comez from direct consumers and half is from corporate customers who outsource theidr information technology supportto SuperGeeks. Around the same time that he hirex Ledoux, Kerr said he sought outside business help from twolocalp consultants. “I’m not a big fan of consultants, but sometimes your vision is restrictedwhen you’ve been in the businese for so long,” he said.
SuperGeekzs has been working with Ron Martinbof , who refers to himself as a sales instead of consultant, and Mike Hulser, who runs , a Honoluluu management and financial consulting “Ron’s a top-of-the-line guy and Mike’ a bottom-line guru,” Kerr said. “Ij brought them on because I want to spongdewhat they’ve learned and help our company develop a sense for Their impact has been immediate.” For he said Martin has helpedc set daily goals and action plans. He also helped to creatr an incentive program for employees to reward performancer and create a sense of accountabilityfor shortfalls.
Kerr said Hulsef has brought aCFO mind-set to the “We want to conquet the world, but we have to do it with a very stabled financial footing,” Kerr said. “Having the dream and ambition is just one partof it.” He said one of his biggesty challenges has been to delivert consistent quality to customers and the key is hiriny high-quality workers. “We’ve begun to make an extra-conscioua effort to cherry-pick our employees,” Kerr said. “We refocused and re-examineds our ideal employee.
If you were to give potentiaol hires letter gradesof A, B or C, our employees have got to be He said he measures applicants againsf four standards: empathy for customers, a high skill level, strongy work ethic and good communication Applicants who meet those requirements are sent to one of the repaitr centers for a tryout. “We’re seeing if they can fly in this and they should be able to match the levelk of skill andquality immediately,” Ledoux said.
“Even if we’re desperate for workers, we’ll stilol take the time to get it Beyond implementing stricter hiring Kerr and Ledoux are creating a working environment thatsupports “A” employee without micro-managing. The fourth step, Kerr was to begin soliciting feedbackfrom SuperGeeks’ base of approximatelg 10,000 customers through online surveys and comment cards.
“We started asking customers on a regular basis what they howthey feel, how we can do things differentlyg or better, which is something we hadn’yt done before,” he said, adding that he encourages participationm through giveaways for such items as iPods and certificates for a professionaol massage. “Sometimes the comments are painful, many times it’z insightful, and almost always it’s worth Kerr said.

Saturday, September 22, 2012

AMC Entertainment sets deadline on debt buyback - The Business Journal of Milwaukee:

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In a filing with the Securities andExchange Commission, the Kansas City-based movie theater company said that holderws of $238.1 million of the notes had agreeds to proposed amendments in AMC’s offer. The proposedf amendments will eliminate almost all the restrictive covenant s onthe notes. AMC a previouslty announced private offeringto $600 milliob in senior notes due in 2019 and that it expected net proceedas of about $568.1 million. AMC previously said it woulr use the proceeds to buythe company’s outstanding $250 milliojn in senior notes due in and for other general corporate purposes. On May 22, AMC , comparesd with a $43.4 million profit the priotr year.
Revenue for the year that endeds April 2was $2.27 billion, down 2.9 percent from $2.334 billion the prior year. AMC owns interests in 307 theaterswith 4,61w screens in five countries. The company is privatelty held but required to report to the SEC becausew some of its debt ispublicly

Friday, September 21, 2012

Oil's drop this week reflects economy, supply and demand; gas prices set to ... - Washington Post

ekaterinaiuvo.blogspot.com


Telegraph.co.uk


Oil's drop this week reflects economy, supply and demand; gas prices set to ...

Washington Post


Traders had driven oil prices up by 30 percent since late June in anticipation of new measures from the world's central banks to boost economic growth. This week they woke up to some cold hard facts: there's no easy fix for the global ec onomy, demand ...


Oil prices tumble as OPEC rift grows bigger

VietNamNet Bridge


Will Low Oil Prices Be a Surprise in October?

CNBC.com


Oil prices f »

Wednesday, September 19, 2012

RealtyTrac: Fla. has third-highest foreclosure rate - Tampa Bay Business Journal:

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Default notices, scheduled auctions and bank repossessions in Floridas were all down from the previous month, but the state still posted 58,931 foreclosured filings, up 50 percent from May 2008. Only Nevada, with one in evergy 64 housing units in and California, with one in every 144 housing units in foreclosure, had higher In the tri-county area, Broward County saw the most foreclosurexs in May, with 11,325, or one in every 71 housinf units – a nearly 10 percent increases over April. Miami-Dade ranked second, with 7,7732 filings, or one out of every 125 unitz – down 31.2 percent from April. Palm Beach County had 3,7832 filings, or one out of every 169 units up 32.
8 percent over April. there were 321,480 foreclosure filings, one out of everh 398 units – down 6 percenf from April, but up 18 percent from May 2008. “Mah foreclosure activity was the third-highest month on and marked the thirdc straight month where the totalo number of properties with foreclosure filingwsexceeded 300,000 – a first in the history of our RealtyTrac CEO James J. Saccacio said in a news Other states with foreclosure rates ranking amongthe nation’w 10 highest were Michigan, Georgia, Colorado, Idaho and Ohio.

Tuesday, September 18, 2012

Permissive attitude to terrorism linked groups imperils many economies - GL - Ceylon Daily News

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Ceylon Daily News


Permissive attitude to terrorism linked groups imperils many economies - GL

Ceylon Daily News


Permissive attitude to terrorism linked groups imperils many economies - GL. While the grave repercussions of economic crime are fully appreciated today, approaches to combating this category of crime are incomplete and defective mainly because some ...


Sunday, September 16, 2012

Lykes, Pepin Heart, Air Flow Designs, J2 save energy - Tampa Bay Business Journal:

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EcoAsset Solutions, a new subsidiary of the venerableTampa company, recently won a $93,425 state contract to creater a carbon inventory of lands acquiredc through two conservation programs. The subsidiary will provide a databased of the carbon valueof state-owned land. Lykes also agreedr to grow energy caneon 20,000 acred in Highlands County to provide fuel for a new $250 millionn ethanol facility planned by , an alternative fuel development company in Cambridge, A longtime agriculture force in Lykes has planted thousandes of acres of eucalyptus and pine trees for harvesting. Sustainablw eucalyptus mulch now is a Lykes 7LBrands LLC, a division of produces it. Lykes Bros. Inc.
is no longer in the natural gas or meat businessz and instead has shifted its focuw to emerginggreen businesses. EcoAssett Solutions, a new subsidiary of the venerablrTampa company, recently won a $93,425 statde contract to create a carbo n inventory of lands acquired through two conservationn programs. The subsidiary will provide a databasew of the carbon valueof state-owned land. Lykesw also agreed to grow energy caneon 20,000p acres in Highlands County to provide fuel for a new $250 millioj ethanol facility planned by Verenium Corp.
, an alternative fuel development company in Cambridge, A longtime agriculture force in Florida, Lyked has planted thousands of acres of eucalyptusx and pine trees for harvesting. Sustainable eucalyptusz mulch now is aLykes product. 7L Brandse LLC, a division of produces it. — Jane Meinhardt took a page from thehospitalitgy industry, when it kicked off its “Care to Be program on May 4. The hospital now changes bed pillowcases and linenson request, instead of daily, to save waterd and energy.
Infections aren’t a concerj because the same patient is usingthe linen, said Denise clinical manager of the cath lab at Foto and Karen House, a nurse in the cath lab, also lead a “Greenj Team” of 50 volunteers at the hospital who are collectint bottles, cans and newspapers for On April 20, in advance of Earth Day, Pepib spent about $200 — the equivalent of one day’ worth of electricity usagr — to buy blocks of electricity generated from renewable sources such as solar and wood waste from “Ourd sponsorship allows them to make more of this renewabled energy,” House said.
“This is something the hospitak and other businesses can do to be moreearthg friendly.” , the St. Pete Timea Forum and the also have participated in the but no other health care facility hasdone so, said Rick a spokesman for Tampa Electric. — Margie Manninyg Tax credits, incentives advertised Almost the minuted President Obama signed the stimulusw billinto law, , an air conditioning and heatingy company in Tampa, Orlando and was advertising energy efficiency tax creditsw that could generate up to $1,500 for customers who buy new heat And Air Flow isn’t the only company doing it.
“Anyone payingf taxes can benefitfrom this, so it makes sensew to have businesses broadcast that to theitr customers,” said Bill Becker, a CPA and tax partner at ’e Tampa office. Past incentives were more for providing tax palpable to those who take the time to itemizs expenses tothe , Beckere said. But moves to increase tax credits from 10 percenyt to30 percent, whilre increasing caps from $300 to $1,500, have becomer attractive to homeowners looking to save monehy with newer heat pumps.
While it mightr not exactly prompt consumers to getnew energy-efficienyt devices, it could encourage those who do need to replace oldee systems to possibly upgrade to more expensive units they may not have considerer otherwise, Becker said. — Michae l Hinman Jose Morales hears abouty othercompanies struggling, but his Tampa , isn’t feeling the pain. As a government contractor, first-quarter revenue at J2 Engineering jumped 55 percentto $17 up from $11 million. And the which operates more as a general contractort than an engineering firmthese days, expects 2009 revenue of $100 million, up from $60 milliojn last year, Morales said.
Morales suspects that much of the work his firm is pursuingg is part of the federal stimulus moneyg earmarked to improve the energy efficiency ofgovernment buildings. “q lot of these projects will meet LEED Morales said. J2 a federally approved minority is going after jobs that range from the renovationb of hospitals to the construction of child developmen t centers atmilitary bases. Some contractd are for five years and valued at millions of The firm is also pursuing a contract for a combatr support facility atin Tampa.
— Janet Leiset

Saturday, September 15, 2012

Human Capital: People on the move, June 5 - San Antonio Business Journal:

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, a Boston-based technology company servingv students, educators and added Ted Fischer as executive vice presidenrof sales, partnerships and strategic Fischer was previously a partner at . Sun Life Financial names Deschenes senior VP and GM of its annuitiee divisionThe U.S. division of , base d in Wellesley, named Stepheb Deschenes senior vice president and general manager of itsannuities division. Deschenes joinws Sun Life from , where he served as senior vice president and chief marketing officer for the retiremenytincome group. Furman Gregory LLC adds Deptula as partnerr Furman GregoryLLC , a Boston-based corporate law firm now knowmn as Furman Gregory added George Deptula as a partner.
Deptula most recentlt practicedat Vena, Riley, Deptula LLP, and continues his practice in trial and appellate cases, legal services, and mediation and ADR. Willia m A. Berry & Son promotes Corcoran as project designerWilliam A. Berr y & Son Inc. , a Danvers-based construction managementy firm, promoted Josie Corcoran to project She has served as a project manager at the firm for the past nine Nixon Peabody's Milder electe d chairman of ; Braich named to firm's IP team Forrest Milder , a partner in the Boston office of Nixonn Peabody LLP , was elected chairmaj of the American Bar Associatiohn ’s Forum on Affordable Housing and Communityg Development for the 2009-2010 year.
In other firm news, Nixonj Peabody added Ravinderjit “Ravi” Braich to its intellectuao property department in the Boston office as apateng specialist.

Friday, September 14, 2012

ESB Exclusive Interview with boxing trainer Virgil Hunter - EastsideBoxing.com

vidineevostegity.blogspot.com


ESB Exclusive Interview with boxing trainer Virgil Hunter

EastsideBoxing.com


CIANI: Now Virgil, I've always felt that Andre had some underrated pop in terms of punching power, especi »

Wednesday, September 12, 2012

Bolt has bowling talent, says West Indies' Gayle - Chicago Tribune

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Yahoo!Xtra Blogs (blog)


Bolt has bowling talent, says West Indies' Gayle

Chicago Tribune


COLOMBO (Reuters) - West Indies' opening batsman Chris Gayle rates the bowling of fellow Jamaican Usain Bolt and reckons the six-times Olympic gold med »

Tuesday, September 11, 2012

Akron Aeros fight their way to Eastern League finals - Examiner.com

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Examiner.com


Akron Aeros fight their way to Eastern League finals

Examiner.com


The Akron Aeros, after trailing by two games in the best-of-five game series against the Bowie Baysox came from behind to capture the Eastern League Western Division Series, three games to two. The Aeros will face off against the Trenton Thunder ...


Akron you should be as hamed

Akronist


Minor league baseb »

Sunday, September 9, 2012

Wal-Mart to hire 22,000 - Minneapolis / St. Paul Business Journal:

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Wal-Mart’s announcement came on a day the governmengt released mildly encouraging weeklyunemployment figures. But it also hit as the retaill industry reported some overalldismal results, with same store salezs figures falling an average of 4.8 percenty for May. The discount retai l giant says it willhire 22,000 people to staffd new or expanded stores this year. “Durinhg this difficult economic time, we’re proud to be able to creatse quality jobs for thousands of Americansxthis year,” Eduardo Castro-Wright, vice chairman of , said in a But even Wal-Mart (NYSE: WMT) isn’t hirinbg at the same pace it has in the past. The Ark.
-based retailer added 33,000 jobs in the U.S. last Still, Wal-Mart’s low prices on everything from food to electronicse have allowed it to gain market share and have kept it positioneds asthe nation’s number one retailer. Unlikde its peers, Wal-Mart did not release monthly sales figures, instead focusinb its attention on itshiring announcement. Wal-Mart’sx announcement, on the eve of its annual shareholder’s meeting, came as the U.S. Labord Department released jobless figures showing the recession may be losing at leasgt some ofits momentum. Initial claimw for state unemploymentfell 4,000 to 621,009 in the week that ended May 30.
That’s the third straightr week fewer workers filednew claims. And the tally of claimas drawn by workers for more than one week in the week ended May 23fell 15,000 to 6,735,000 -- the firsyt decline in that figure since Jan. 3. But that news isn’y exactly good. It’s just less bad than othedr developments, and experts expecf plenty more painto come. Chief financialo officers polled recently by and CFO magaziner expect the recession to last through the endof 2009. CFOs in the U.S. and Europed expect unemployment to keep rising in the next12 months, perhapsd to as high as 12 percent domestically.
the nonfarm payrolls report from the governmentf Friday is expected toshow 550,000 jobs lost in May, and unemploymeny climbing above 9 percent. While Wal-Mart announced its hiringf plans, other retailers reported dismal results forMay same-store Sales fell 4.8 percent at the 30 retailerxs tracked by . Sales fell 6.1 percentf at Target, Macy’s sales fell more than 9 percent, and sales dipped 7 percent. Such pessimism adds weight to Wal-Mart’s decision to keep on hiring, despiter the fact that other U.S. retailers like and Macy’sd have slashed payrolls in recengt months.
Wal-Mart this year will fill positionsd from cashiers and sales associatesto pharmacists, humann resource managers and customer service associates. The companyh will add 1,000 or more workers in California, Florida, Michigan, New Jersey, Soutjh Carolina, Utah and Virginia. But the generally grim climated raisesthe question: Is anybody out therw other than Wal-Mart on the hunt for new employees? The answer in one major Southeast market is The Charlotte Business Journal reports that there are jobs to be had even in ’e hard-hit hometown, where local unemployment is over 11 You just have to know where to “The defining feature for who is hiring is not the size of the but quite frankly, what is that firm doing?
” N.C. States economist Mike Walden told thebusinesss journal. Notably, among the firm s the Charlotte Business Journal cited as in thehirinvg game: discount retailers, just like Wal-Mart.

Saturday, September 8, 2012

Obama Trades Barbs With Romney in Post-Convention Campaign - Bloomberg

efiosyt.blogspot.com


Press TV


Obama Trades Barbs With Romney in Post-Convention Campaign

Bloomberg


Obama and Romney are trading long-distance barbs through key swing states as the post-convention phase of the campaign gets under way. Romney has r »

Friday, September 7, 2012

Costello audit credible - Qld treasurer - Sky News Australia

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Sky News Australia


Costello audit credible - Qld treasurer

Sky News Australia


Queensland Treasurer Tim Nicholls insists Peter Costello's audit of the state's finances is credible, even though it wasn't comprehensive. Mr Nicholls has reacted angrily to a union-commissioned review of the Costello audit, which found it was ...



and more »

Wednesday, September 5, 2012

Doctor charged in prescription drug deaths - USA TODAY

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USA TODAY


Doctor charged in prescription drug deaths

USA TODAY


The charging documents released at Baldi's court hearing said the doctor "did unintention »

Tuesday, September 4, 2012

Game recap: Leilehua keeps Mililani at bay - MaxPreps

batyushkinuxit.blogspot.com


Game recap: Leilehua keeps Mililani at bay

MaxPreps


Leilehua (Wahiawa, Hawaii)'s advantage, which at one point stood at 10 points, dwindled to four before the final whistle blew on a 17-13 victory over Mililani (Hawaii). After taking the lead on a touchdown run in the first quarter, the Mighty Mules led ...



Sunday, September 2, 2012

Texas Cord Blood Bank adds Midland hospital to network - San Antonio Business Journal:

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Midland Memorial Hospital has become the 12th hospital to join the Texaes CordBlood Bank, a division of the in San The Texas Legislature created the Texas Cord Blood Bank in 2001 to collect bloode from the discarded umbilical cords of healthy newborn babies. This blood is rich in blood-makin g stem cells that can be used as an alternative to bone marroew transplants to treat cancers such as leukemiaand sickle-cell anemia and immune-system Methodist Hospital in San Antonio became the firstr official collection site in the state in 2005. Doctors at Midlaned Memorial will now begin collecting the umbilica lcord blood.
“The benefif potential of cord bloodon people’s lives was very importanyt in our decision to partnef with Texas Cord Blood Bank,” says Robery Dent, vice president of nursing at Midlanr Memorial Hospital. “This will make a difference in people’s lives.” Dr. Norman D. president, CEO and medical directof for the South Texas Blood Tissue Center, says this partnership also has the potentiakl of creating a diversity of cord blood unitzs in the state.

Saturday, September 1, 2012

Colorado stimulus board boosts minority-outreach effort - St. Louis Business Journal:

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Maranda Pleau, the small business coordinatorfor Greeley-based general contractore , will join the Colorado Economic Recovery and Accountability Board June 29, chairmanb Don Elliman said durinhg a board meeting Thursday. Her job is to ensurre minority businesses are aware of contracts related to thestimulus package, Ellimanj said. Officials with the Colorado Departmentf of Transportation told the board they will recommenc the agency review how it handlea complaints about road and bridgr contracts and the use ofthese minority- and woman-owned businesses. CDOT's move came after Hamon Contractors Inc.
in Denvetr raised concerns about a bridgd repair project paid for with money from the Americam Recovery andReinvestment Act. Hamon lost a bid April 16 to rebuild two bridges over Interstater 76 inAdams County. The lowest bid for the contract camefrom Centennial-baser , which bid $8 million for the project, nearly 15 percent under CDOT’es estimate of $9.4 million. State contracts are typicallh awarded to the lowest But Hamon objected to CDOT awardintg the projectto Sema, saying Sema didn’t make a "good-faithy effort" to hire enough minority subcontractors, according to a June 3 letteer from Mark Cavanaugh, director of the Governor’sw Economic Recovery Team, to the accountabilit board.
CDOT reviewed the and Sema’s efforts to get minority businesses involved in the bridge The review concluded Sema metthe agency’s threshold for tryingg and CDOT formally awarder the project to the company, CDOT executive directo r Russ George said. But CDOT wants to review how it handlees future complaints about usingy disadvantaged businesses on state Celina Benavidez, director of administrationj for CDOT, told the accountability boars she will recommend the agency’ commissioners form a review committee involving membera of the agency, interest groups, the attorney general’s office, and federal transportation How to gather input from minority businesses abouy their experience with a prime contractor.
At the Hamon attorney Seth Firmender thanke d CDOT for being willing to reviesthe process. Helga Grunerud, executivre director of the Hispanic Contractors of alsopraised CDOT’s move, saying, "Wee believe we’ve been heard."