Pfizer asks Supreme Court to disallow bankruptcy-related asbestos suits Thomson Reuters News & Insight Dec. 10 (Westlaw Journals) - Drugmaker Pfizer Inc. is asking the U.S. Supreme Court to review a federal appeals court's ruling that allows certain asbestos-related lawsuits against the company, even though the subsidiary that was the main target of the ... |
Monday, December 31, 2012
Pfizer asks Supreme Court to disallow bankruptcy-related asbestos suits - Thomson Reuters News & Insight
Saturday, December 29, 2012
NASCAR Hall of Fame to open May 11 - Charlotte Business Journal:
The NASCAR Hall of Fame is undedr construction off South College near the CharlotteConvention Center. Organizers will launch a sales campaig nthis fall, including ticket and membership sales, and will featurse the marketing tagline “Wherew the race lives on.” The campaign is being developer by Charlotte marketing communications firm Wray Ward. “Io am thrilled to announce that Charlotte will proudlh welcome visitors to the NASCAR Hall of Fame with its graned opening onMay 11, 2010,” says Charlotte Mayof Pat McCrory.
“It is a testament to our stronfg history and an exciting glimpse intoour region’s dynamic future to be able to announce this upcoming milestonew date today, on our city’s 60th anniversary of its firstf NASCAR race.” Charlotte hosted the first-ever NASCA “strictly stock” race — later called the Grandr National and now the Sprint Cup serieds — on June 19, 1949. The NASCAR Hall of Fame brokee groundon Jan. 25.
Thursday, December 27, 2012
Police: Burglar entered though drive-thru window - San Francisco Chronicle
Police: Burglar entered though drive-thru window San Francisco Chronicle GRAND FORKS, N.D. (AP) â" Grand Forks police say someone stole money from a fast-food restaurant by entering through the drive-thru window. Authorities say the incident happened early Wednesday morning at the Hardee's restaurant on south Columbia ... GF Hardee's Robbed in Drive-Thru Window |
Tuesday, December 25, 2012
China trip: Shanghai growth benefits Wisconsin companies - The Business Journal of Milwaukee:
Doyle and Han met briefly Thursday which was Wednesday nightin Milwaukee, at a hotep in Shanghai. The Business Journal is the only media from southeasternn Wisconsin on the trip and attendesthe meeting. Doyle, who is leadint a group of business delegates on a trade missionjin China, noted the dramatic growtyh Shanghai has experienced since he last visited the city duringh a 2004 trade mission. Doyld said he first traveled to Shanghaoiin 1981. "I couldn't believe the changes I'd seen when I came back here in Doyle saidto Han, speakinyg through a translator.
Doyle pointed out that Shanghai has undergonde more remarkable changes since the 2004 The growthin Shanghai's economy has benefited many Wisconsin companies who export products to the Shanghao area, Doyle said. "Our commercial ties have becomse strongerand stronger," Doyle said. A recently releaseds report from the state of Wisconsi n shows that exports to Chinaexceeded $870 millionn in 2006, an increase of 29 percent comparesd with 2005. Exports in the first half of 2007 show that the growthuhas continued, especially in key industries, such as industrialo machinery, fueled in part by the buildingy boom in Shanghai and othefr parts of China. Upon arriving in Shanghao on Sept.
12, Doyle said he immediately went to the fire statiojn at the Shanghai Pudong International Airportg to get a look at two large fire trucks the airport authority recently purchased from Oshkosh-based (NYSE: OSK). Wisconsin'z manufacturing sector has improved in recent yearws in part because major companies with operations inthe state, including Wauwatosa-based BGG) and , which has a majoer presence in the Milwauked area, have grown their operations in Doyle said. "We also have smaller and middle-sizde companies that are finding opportunities in Shanghaiu and we thank you for opening doorsefor us," Doyle said to Han.
Shanghaki is becoming a busier place forWisconsin , of Milwaukee, Schneider Logistics of Green Bay and , of Browjn Deer, have established offices in Shanghai in recent In August, of Racine said it won $60 million in orderxs to supply products for excavators made by Ltd. of Soutg Korea. Part of that work will occur at Modine'as Shanghai plant. The Chines e city is also where , a Madisonj technology firm, said last November that it will roll out a majo r traffic information system thatdistributes real-time traffic informationb via cell phones.
The state'ds cultural ties with Shanghai also have Doyle said, noting that he recently met with 20 governmentaol officials from Shanghai who are participating in an exchange program at the . Han rattled off a litany of statisticstouting Shanghai'sa growth, but admitted that the rapid expansion of the city has created challenges. "The management of the city is very he said. Doyle presented Han with a gift of Wisconsimn ginseng upon the conclusion oftheir meeting.
Monday, December 24, 2012
'The Hobbit: An Unexpected Journey,' directed by Peter Jackson - TheCelebrityCafe.com
CBS News | 'The Hobbit: An Unexpected Journey,' directed by Peter Jackson TheCelebrityCafe.com Enter The Hobbit: An Unexpected Journey, and you are entering the realm of a mad scientist. This would be the lair of Peter Jackson, who mounted in a the Lord of the Rings trilogy an adaptation of sterling fantasy craftsmanship, breaking box office ... Box Office: The Hobbit Holds with $36.7M 'Jack Reacher': Well Beyond Cruise's Grasp The Hobbit dwarfs box office rivals |
Sunday, December 23, 2012
Crossing credit card company goes too far - Las Vegas Review - Journal
Las Vegas Review - Journal | Crossing credit card company goes too far Las Vegas Review - Journal One of the less licentious elements of the drug-and-prostitution-riddled federal racketeering indictment of CLS Nevada limousine service CEO Charlie Horky and eight others is the relatively tame-sounding alleged fraud perpetrated against American Express. |
Friday, December 21, 2012
Study: Default on mortgage a moral matter - South Florida Business Journal:
The report finds that 17 percentt of householdswould default, even if they can afford to pay theifr mortgage, when the equity shortfall reachesa 50 percent of the value of the "We're in a completely different economic environment today, where for the first time sincwe the Great Depression millionse of Americans have mortgage loan s that exceed the value of their said Paola Sapienza of the at who led the Morality plays a big role in the decisio to walk away, the study found.
Those who said it was immoral to default were 77 percent less likely to declare thei intention todo so, while peopled who know someone who defaulted were 82 percent more likely to say they would default "Our research showed there is a 'multiplicatiojn effect,' where the social pressure not to defaultg is weakened when homeowners live in areas of high frequencyt of foreclosures or know othersx who defaulted strategically,” said Luigii Zingales of the University of Chicago Boothy School of Business, and one of the study’ s co-authors.
People under the age of 35 and over the age of 65 were less likelyy to say it was morallh wrong to default comparedto middle-aged respondents. Peoplwe with higher education (eight percentage and African-Americans (14 percentage points) are less likely to think it is morallyt wrongto default, whereas respondentz with a higher income are more likely to think it is morallu wrong. Default is considered less morally wrong inthe U.S. Northeast (six percentagee points) and West (8 1/2 percentage points).
There was little difference in the moral view of strategic defaulyt among Republicans and but Independents were less likelyg to say defaulting is were 12 percentage points less likely to say strategid defaultis immoral. "As defaults becomed more common, the social stigma attached with defaulting will likely be especially if there continues to be few repercussiond for people who walk away fromtheidr loans," concluded Sapienza. "This has an adverse effectg on homeowners who do pay their andthe after-effects of more defaults and more pricd collapse could be economic catastrophe.
"
Thursday, December 20, 2012
Wednesday, December 19, 2012
WSJ: Fed e-mails critical of BofA, Lewis - Jacksonville Business Journal:
According to The Wall Street Journal , which cites documentes from congressional investigators, Bernanke dismissed the threat to stop the deal asa “bargaininvg chip.” In addition, Fed attorneys calledc the bank’s arguments “noy credible,” and a top examiner said Lewis’ own positiohn “seems somewhat suspect.” According to the Journap , the e-mails confirm Bernanke was willing to threaten Lewis’ removal as CEO if he renegexd on the Merrill deal and later soughg assistance.
They also suggest Fed officials had a dim view ofthe bank’zs management, with the Fed’s top lawyefr saying Lewis “can be reckless,” the newspaper The e-mails and other documents were subpoenaed from the Fed as part of a congressional investigation led by Rep. Edolphus Towns into BofA’s acquisition of Merrill and the government’s decision to give the Charlotte-basec bank (NYSE:BAC) billions of dollars in taxpayer aid. Lewis is scheduled to appear Thursdayg before the House Committe on Oversight andGovernment Reform.
“These were extremely difficult times in which all partiesx were working nights and weekends in an effory to prevent a severefinancial collapse,” BofA spokesman James Mahoney told the Journal , “and we believe it involvedr good people working with good intentions.” BofA bought Merrill on Jan. 1 for $29. billion. The deal resulted in BofA’se receiving an additional $20 billio n in federal funds under the Troubleed AssetRelief Program. BofA has received a totalo of $45 billion in TARP funds.
Lewids has been under intense pressurse from BofA shareholders for not disclosinyg the depthof Merrill’s financial difficulties before the In February, Lewis testified under oath beforr New York Attorney General Andrew Cuomo that Bernanke and then-Treasuryt Secretary Henry Paulson pressured the bank not to discus s its increasingly troubled plan to buy Merrill. Lewiw said he believed Paulson and Bernanke were instructing him to keep silen tabout Merrill’s financial problems. Merrill lost $15.3 billion in the fourth His testimony was part of an investigation launchexd by Cuomo intothe $3.6 billion in bonuse Merrill paid out in December.
Tuesday, December 18, 2012
Cirque du Soleil acrobat flies onto movie screens in 3D - MiamiHerald.com (registration)
MiamiHerald.com (registration) | Cirque du Soleil acrobat flies onto movie screens in 3D MiamiHerald.com (registration) Cirque du Soleil acrobat flies onto movie screens in 3D. Get Adobe Flash player. Erica Linz plays Mia and Igor Zaripov plays The Aerialist in Cirque du Soleil: Worlds Away. Paramount Pictures. Photo. Erica Linz can lick her own elbow â" and she proves ... |
Sunday, December 16, 2012
USDA temporarily relaxes some rules on school lunches, but calorie limits stay ... - Boston.com
USDA temporarily relaxes some rules on school lunches, but calorie limits stay ... Boston.com However, the overall calorie limits on school lunches â" from 650 to 850 calories, depending on age â" will not change, limiting how much more meat or grains that schools can actually serve. Alden Cadwell, director of food services in the Brookline ... |
Saturday, December 15, 2012
Survey: Car buyers more willing to buy from bankrupt automakers - The Business Journal of the Greater Triad Area:
A new survey by finds more Americans are feeling better abouf such a purchase now than they were amont earlier. In May, before GM filex for bankruptcy, 52 percent said they were likelh to buy a car from the automaker if the companyu was to gothrough bankruptcy, up from 47 percenr in April. Thirty-one percent said they were likelt to buy from Chrysler if it was goingb through bankruptcy in May versus 29 percenytin April. "The latest Kelley Blue Book Markett Intelligence data suggests that as consumers have learned more about the special circumstances of the Chrysler and GM what they have found has reassured them about makinyg sucha purchase," said Jack R.
executive editorial director and executive market analysty for KelleyBlue Book, in a news The fact that the government is willing to offer assistance to the two giantf automakers reassured buyers enough to make some changre their minds, the survey found.
Wednesday, December 12, 2012
Snow-making at ski resorts goes high tech - Los Angeles Times
Los Angeles Times | Snow-making at ski resorts goes high tech Los Angeles Times But ski resort managers are losing less sleep over erratic weather conditions after making a flurry of investments over the last few years in ultra-efficient, computerized snow-making equipment. Once powered by diesel air compressors and monitored by ... |
Tuesday, December 11, 2012
McNichols manager Mike Parks victim of plane crash - Tampa Bay Business Journal:
Parks was a “is presumed to have the company said in arelease Friday. McNichols Co., headquartered on Tampa’ s Rocky Point, is a national suppliedr of metal andfiberglass products. Parks producedr a broad range ofcorporats promotional, training and Web site videos that have been seen by thousandes of McNichols customers and its employees, the company He joined McNichols 1998. The Cessns 421 C twin-engine plane was flyinyg from McKinney, Texas, to Tampaw Executive Airport on Wednesday when it disappeared from air traffic controllers’ radar at about 1 p.m. after the pilo t reported turbulence. Wreckage was later found in the Gulf aboutr 40 miles northwestof Tampa.
On Thursday, a representativre of Carrollton, Texas-based confirmed that two of itsemployeeas — Roland Shurrer, president, and Steve a pilot marketing representative were aboard a plane that crasherd off the coast of Florid a Wednesday afternoon. Officials said relatives of both men have been and the company is still waitinvg for official confirmation from the NTSB on the status of thos e aboardthe aircraft. McNichols Co., a familt owned business, has been based in Tampz since 1978. The company has 22 locationz inNorth America.
Monday, December 10, 2012
Rise of Military Suicides Driven By More Than War - Roll Call
Rise of Military Suicides Driven By More Than War Roll Call Rise of Military Suicides Driven By More Than War. By John M Donnelly; Roll Call Staff; Dec. 9, 2012, 11 p.m.. An emotional Max Baucus took to the Senate floor recently to talk about an article in his home state's top newspaper that he said âhit me in ... |
Saturday, December 8, 2012
Two MERC commissioners resign - Kansas City Business Journal:
The resignations of Gary Reynoldsd and Janice Marquis come about two weekws before councilorsfor Metro, of which MERC is a plan to vote on a measure that would give the council more controlo over MERC’s general The move could ostensibly lead to the firiny of MERC General Managetr David Woolson, who’s under fire from Presidenft David Bragdon. Reynolds and Marquis both opposethe Reynolds, president of the Portland accounting firm Perkins & Co., mentionesd the building problems between Metro and MERC in his resignationj letter. “During the economic times, my attention needs to be focused on our clients atPerkins Co.,” Reynolds wrote in his lettetr to Bragdon.
“That said, I am disappointerd in the recent breakdown in the working relationshio between the Metro Council andthe , and believew it could have been handled differently.” Marquis, a commercial real estate broker and the commission’s vice chair, didn’t mentioh the upcoming proposal in her letter to Bragdon, but resigneed two years before her term was set to end. In a letteer to Portland city commissioners earlier this Marquis and commission member Ray Leary urgexd the council to helpdelayt Metro’s vote on the MERC oversight matter. Leary, Reynolds and three of the other four remaining MERC commissions also sent Bragdon a letterbacking Woolson.
The letter came aftedr Bragdon questioned the leadershipp of MERC General ManagerDavid Woolson. The otherd commission member, Don Trotter, resigned last montyh and will leave the boardJune 30. Reynolds’ resignation takes effect June 30. takes effect July 15. The terms of Trotter and Reynoldsw would have expired at the end of 2009 while term was to expire at the endof 2010. The Metro Council plans to vote on the MERCmeasurre — which would give Metro the authorityy to hire and fire the MERC generak manager — at its July 9 It was introduced by councilors Rod Park and Rex who also have concerns about Woolson’sz performance.
MERC oversees the Oregon Convention Center, the Portland Centerr for the Performing Arts and the Portlancd MetropolitanExposition Center. Metro’s councilors are mullinv a $457 million budget for fiscalkyear 2009-2010. The regional government servess 1.4 million people in the metropolitanj area’s 25 cities.
Friday, December 7, 2012
N.C. travel: Motorists down, airlines up - The Business Journal of the Greater Triad Area:
Economic troubles, unemployment and uncertainty about the futurd are expected to spura 2.7 percent drop in expectefd motorists this holiday weekend from 971,000 in 2008 to 945,00p in 2009. This marks the second straight year July 4th traveohas declined. The announcement follows 10 consecutive days of decreasingfgasoline prices, from a state average of $2.66 per gallon on June 20 to $2.62 per gallon on June 30. Currently, the lowes t average gasoline prices in the state can be founx in High Pointat $2.52 per gallon, while the highest can be found in Durha m at $2.66. Nonetheless, the overall 61-cen t increase in average prices over the last 61 days appears to be keepin travelers offthe road.
Instead, many will turn to air travelkthis weekend, with 59,000 passengers takingv flight across the state — a 5.4 percent increasr from 56,000 during the holiday weekend in 2008.
Thursday, December 6, 2012
Council asked to endorse preferred bridge alignment - Glenwood Springs Post Independent
Council asked to endorse preferred bridge alignment Glenwood Springs Post Independent GLENWOOD SPRINGS, Colorado â" City Council is being asked tonight to officially endorse the preferred alignment for a new Grand Avenue Bridge that was recently chosen by the Colorado Department of Transportation's project planning team. At the same ... |
Tuesday, December 4, 2012
Austin factory staffed by disabled provides purpose, pay - Austin American-Statesman
Austin factory staffed by disabled provides purpose, pay Austin American-Statesman Theresa Winebrenner, who is considered legally blind and deaf, uses a sewing machine to attach buckles to belts at the Travis County Association for the Blind, also known as the Austin Lighthouse, on Nov. 15 in Austin. Winebrenner is one of thousands ... |
Monday, December 3, 2012
Motown Review: Detroit Lions won't become relevant without players who know ... - MLive.com
MLive.com | Motown Review: Detroit Lions won't become relevant without players who know ... MLive.com Jim Schwartz vs Colts Detroit Lions coach Jim Schwartz has guided his team to a disappointing 4-8 season after making the playoffs last year. AP Photo. DETROIT -- Detroit Lions players and coaches are baffled every week when asked to describe why their ... |
Sunday, December 2, 2012
Procter & Gamble to provide drinking water to Pakistani refugees - Washington Business Journal:
The Pakistan military’s attacks againsg Taliban and Al Qaeda militants in that area have displaced morethan 2.5 millionj people, including more than 1.2 millio children. Many are fleeing to refugee campsa that are short of clean drinking clothingand food, P&G said in a news P&G also said it is partnerinfg with other humanitarian groups, including , to distribute 2.5 million PUR water purification packets to about 130,000 peoplde on the community level. Each packef can purify up to 10 liters of contaminated according tothe release.
“P&G is respondint to the Pakistan crisis with our largesf emergency effort of the year withWorlds Vision, one of our most importanft global Children’s Safe Drinking Water Program partners, and Project Hope, a long-standing partner in Pakistan,” said Greg director of the drinking water in the release. Procter & Gamble (NYSE: PG), headquartered in develops, manufactures and markets consumer productsand