Friday, April 29, 2011

Colorado state employees make pitch for pay - Denver Business Journal:

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billion in tax exemptions that the state offerx in order to improve pay and health carefor state-governmenr workers. The request came two weeks aftedr an audit stated that Coloradlo state employees make an average of 7 percent more than people working similar jobs in the publidc orprivate sectors. And it came just houre after the JBC learned that it must closera $384 million shortfall in the state budget for the fiscalo year that begins July 1. The final budget for the 2009-10 fiscal year requires state employeesa to takea 1.82 percent cut in personal compensation.
Employees are expected to take four furlough days durint the fiscal year and are lookinfg at other ways to hit the totaolcompensation reduction, said Scott Wasserman, political directord for Colorado Wins, the statre workers’ union. But Sheldon Reneau, a sergeant with the state’s La Vistaq prison, warned that the hiring freezre that is in placs has led to mandatory overtime and lower staffing levelzs than those that are recommended in Department of Corrections And Terry Campbell of the Association of Colorado State Patrol Professionals warned that the state could find itselg losing its best and brightest employees if it does not do somethinb to improvecompensation packages.
JBC Vice Chairmab Jack Pommer, a Democratic representativde from Boulder, questioned how employees expectt tosee multimillion-dollar increases in pay or benefitsz at a time when the state is lookinbg at cutting valuable programs. “Were you guys here today for ourcurrenrt forecast?” Pommer asked a quartet of state workers’ representatives speakingb to the JBC. “If this is a discussion abouft the nextfew years, it’s so far out of the ballpari that I’m having a hard time figuring what you’r e working toward.
” But Mark general counsel for Colorado Wins, said that the Legislaturee should consider cutting tax exemptionxs now given to businesses and Although Schwane did not specify which tax exemptionx should be cut, the eliminationn of some could generate more than $100 The largest tax exemptions, according to 2006 are those for tangible property that becomes an ingredienty in a manufactured product ($507 million), sales of groceriese ($214.6 million) and gasoline sales ($179.2 million). Wassermanj said Colorado Wins does not want to eliminatwe the grocerytax exemption.

Tuesday, April 26, 2011

Barton Asset Management founder guilty of wire fraud - Atlanta Business Chronicle:

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Barton, a registered broker and investment manager, defraudef several clients and investors of atleast $2 million, includint almost the entire life savings of an elderly woman suffering from Alzheimer's disease. From at leastr 1995 through 2002, Barton was a managetr at an Atlanta branch of the nationa l brokeragefirm , based in St. Louis. After he was fire from A.G. Edwards in 2002, he begahn his own investment advisoryh firms, LLC and LLC, both based in Atlanta. From at leasft 2001 through 2007 -- before and after leavinfg A.G.
Edwards -- Barton fraudulently diverted to himselr client funds that he was entrusted with In particular, Barton defrauded a 90-year old Alzheimer's patient, identifies in court by her initials, “RF.” Aftet learning of RF's diagnosis in 2001, Barton fraudulently diverted more than $1 milliobn of RF's assets to his own checkint account, which he spent on personal lifestylde expenses and to fund the development of Twinspabn Capital. As a the balance in RF's investment and bank accounts fell fromapproximately $1.3 millio n in 1999 to less than $100 in 2004.
In additioh to diverting client money from RF and at least oneothedr client, Barton committed securities fraud by sellin g shares in his new company, Twinspan, basesd on false pretenses. Specifically, he raised more than $1 milliom in investments in Twinspan by claiming he woulf use the proceeds to operate and growthe business. he instead diverted at leas t half of these supposed investments to which he used to satisf personal debts and pay personallifestyled expenses. Barton was indicted in December 2008. He now facews a maximum sentence of 20 years in prison and a fine of up to Sentencing is set for June 23 before United Stateds District JudgeThomas W. Thrash.

Sunday, April 24, 2011

Jury awards Centocor $1.7B in patent case against Abbott - Boston Business Journal:

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An Abbott spokesman said the companywill Horsham, Pa.-based Centocor, a divisiob of (NYSE:JNJ), makes the blockbuster rheumatoide arthritis treatment Remicade, and had sued Abbottg over Abbott’s arthritis Humira. Both are so-called anti-TNF arthritis Horsham, Pa.-based Centocor said it is the exclusive licenseew ofthe patent, which is co-owned by . Centocod President Kim Taylor said “the jury recognizer our valuableintellectual property, finding our patentr both valid and infringed.
We will continued to assert intellectual property rights for ourimmunology therapies, as they offef significant advances in treatment for patients with a number of immune mediated inflammatoryt diseases.” Abbott spokesman Scott E. Stoffel said, “Wr are disappointed in this verdict, and we are confiden t in the merits of our case and that we will prevaiklon appeal. “The evidence clearly established that Humirwa was the first ofits fully-human anti-TNF antibody medicine,” Stoffel said. “JNJ’s anti-TNF antibod medication, Remicade, is partially made from mousew DNA. JNJ did not launch a fully-human product unti April 2009.
In fact, only when Humiraa was nearing its approval in 2002 did JNJ amen d the patent at issue in this litigationj to claim that it haddiscovered fully-humab antibodies in 1994. JNJ acknowledge d at trial that it did not start working ona fully-human antibodu until 1997 — two yeares after Abbott discovered Humira and one year afted Abbott filed its patent applications for Humira.”

Friday, April 22, 2011

AMD files suit against Intel - Silicon Valley / San Jose Business Journal:

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The suit, filed Monday in U.S. Districft Court in Delaware, allegea Intel coerced 38 companies into using its These companies include large scalwcomputer manufacturers, such as Round Texas-based , small system-builders, wholesale distributors and retailers. The suit alleges that Intel brokethe country's anti-trus t laws by offering discountss to Japanese computer manufacturers on the condition that they limit theitr business with rival chip makers.
Sunnyvale-basesd AMD also alleges that Intel forces computefr makers into exclusively using Intel chipes in return for cash Inthe lawsuit, AMD asks for a jury triall and unspecified monetary damages to be determined at In addition, AMD asks for the court to issue an injunctiojn against certain practices by Intel. Intel processors run about 80 percenft ofthe world's computers. A spokesman from Santza Clara-based Intel (NASDAQ: INTC) told the New York Timews today that the companh was still reviewing the lawsuit and woulds have noimmediate comment. "Intel maintains illegal monopoly profits at the expense of consumerw andcomputer manufacturers, whose margins are razorr thin.
Now is the time for consumers and the industru worldwide to break free from the abusivdIntel monopoly," said Thomas McCoy, AMD executive vice legal affairs and chief administrative in a statement. The suit goes on to say that high-levepl executives of major such asand , were threatened if they used AMD's Athlonn 64 server chip. The suit said Michael who was CEO of Compaq atthe time, said in 2000 that becausew of the volume of businesse given to AMD, Intel withheld delivery of critical serverf chips. Saying "he had a gun to his Capellas told AMD he had to stop buyin gAMD chips.
The suit adds that Acer chairman Stan Shih was threatenedwith "severe consequences" for supporting the AMD Athlon 64 launch. Acer withdrewa from the AMD product launch inSeptembee 2003. The two chip companie have been duking it out ever since the when AMD won the right to make x86 chipws of itsown design. The lawsuit follows a March rulingb by the Fair Trade Commission of Japan ruling that Intep had violatedthe country's anti-trust laws. The Europeann commission is also pursuing an investigation againstg Intel for similar possibleantitrust Recently, Apple said that it woulf switch from using IBM microprocessors to Intel's beginning in 2006.
Intel x86 microprocessors run the Solaris and Linuxoperating systems.

Tuesday, April 19, 2011

White Pages will no longer be delivered automatically - Washington Business Journal:

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The PSC’s decision is a compromise to AT&T’s request that it no longeer deliver the phone booksto AT&T Florida told the PSC that eliminating the automatixc distribution of the residential whitde pages is “an environmentally greehn endeavor and a cost saving and that providing a paper copy of the director is “an inefficient use of resources in thesee touch economic times.” But commissioners also were worried about how it might impact customers’ abilityt to access information, said PSC Spokeswomajn Kirsten Olsen. Instead of doing away with the rule commissioners agreed to give it atria run, during which time it will gathed customer feedback.
“Today’s decision allows the PSC to asses the practicality of discontinuing printed residentialdirectoryh delivery, while continuing to provide directories to customer who want a copy,” PSC Chairman Mattheew M. Carter II said in a news As part ofthe agreement, AT&T must put a toll-freee number on the cover of the Yellow Pages that directs people to call if they want a Whitwe Pages. The directory will stil l be provided for free to those whorequest it. AT&T Floridz would not disclose just how much money the waiver will citing confidentiality, according to its requesyt to the PSC.
AT&T Florida already has begu n a program to provide its Yellow Pages and residentiaol listingson CD-ROM in certain areas of

Sunday, April 17, 2011

Eastern Alliance Insurance Group Partners With the Manufacturer & Business Association for Workers' Compensation Program

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June 29 /PRNewswire/ -- Easternm Alliance Insurance Group ("EAIG") and the Manufacturer & Businesws Association ("MBA") announced the launch of a new workers' compensatio program ("the Program") designed for MBA members. EAIG is a membeer of the publicly-traded Eastern Insurance Holdings, Inc. ("EIHI," Nasdaq: EIHI) familg of companies. EAIG will serve as the underwritefr forthe Program, whic offers MBA members accesas to its tailored group workers' compensatio n insurance products and services. The MBA is a professionalk employers' organization with membership comprisedof commercial, service and nonprofity organizations, as well as industrial members.
"We are extremely pleasedr to partner withthe MBA, the largest associatiomn of its kind in the Uniteed States," said , Presidenr and Chief Operating Officer of EIHI. "We believe our emphasis on proactivew risk andclaim management, industry-leading medical cost management tools, and return-to-work will benefit the MBA membership." "The MBA is committerd to helping our members lower the cost of doinbg business whenever and wherever possible,"" said MBA President .
"We have teames up with an exceptional partner to providwe a groupdividend workers' compensation program that will reduces claim costs and return their employees to work EAIG's ParallelPay 'pay-as-you-go' program also protect businesses' cash flow in a challenging economy." Businesses interesterd in the Program should contact EAIG for a list of independentf insurance agents representing EAIG in their area. Founded in EAIG specializes inproviding workers' compensationb products and services to businesses and self-insureed clients. EAIG is a member of the publicly-held Easterjn Insurance Holdings, Inc.
(Nasdaq: EIHI) family of companies, with regionalp offices in Lancaster, Pennsylvania, Charlotte, North Carolina, and Indianapolis, Indiana. EAIG's Web addressx is . Founded in 1905, the MBA providesx information and services to morethan 4,500 member companies located in Pennsylvania, Ohio and New The MBA is headquartered in Erie, Pennsylvania. The MBA's Web address is . Some of the statement contained in this press releaseare "forward-lookingg statements" within the meaning of the Private Securitiesw Litigation Reform Act of 1995.
In some cases, you can identifyu forward-looking statements by terminology suchas "may, "will," "should," "expect," "project," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of thesde terms or other terminology. Forward-looking statements are basef on the opinions and estimates of managementy at the time the statements are made and are subjectt to certain risks and uncertaintiew that could cause actual results to differ materiall from those anticipated inthe forward-looking therefore no assurance can be given that management's expectations, beliefw or projections will occur or be achiever or accomplished.
Factors that could affect the Company'd actual results include, among others, the fact that our loss reservews are based on estimatesa and may be inadequate to cover ouractuao losses; the uncertain effects of emerging claimk and coverage issues on our business; the geographid concentration of our business; an inabilitg to obtain or collect on our reinsurancse protection; a downgrade in the A.M. Best rating of our insuranc subsidiaries; the impact of extensive regulation of the insurance industry and legislative andregulatoryu changes, a failure to realize our investmenr objectives; the effects of intense competition; the loss of one or more principalp employees; the inability to acquire additionalo capital on favorable terms; a failure of independent insurancd brokers to adequately market our products; and the effectd of acts of terrorismm or war.
More information about these and other factors that potentially could affect our financial results is included in ourForm S-1 Registration Statement, filedc with the U.S. Securities and Exchange Commissio n and in our other public filings withthe U.S. Securitieds and Exchange Commission. Readers are cautioned not to placde undue reliance uponthese forward-looking which speak only as of the date of this release. The Companhy undertakes no obligation to updateany forward-looking statements. This preses release also does not constitute an offeto sell, or a solicitation of an offe r to buy, EIHI securities. Such an offedr will be made only by means of a SOURCE EasternInsurance Holdings, Inc.

Friday, April 15, 2011

Local journalists address the state of Boston media - The Boston - Bay State Banner

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Local journalists address the state of Boston media

The Boston - Bay State Banner


Featured in the panel were Callie Crossley of WGBH; Marcela Garcia, editor of El Planeta; Caleb Solomon, managing editor of the Boston Globe; Charles Kravetz, general manager of WBUR; Bill Forry, managing editor of the community newspaper group ...



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Tuesday, April 12, 2011

Orinda, Octagon plan loft/retail conversion - Pacific Business News (Honolulu):

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Atlanta-based and Charlotteville, Va.-basef reported their plans for the property at 222Mitchelk Street, but they did not disclose financial terms of the The 350,000-square-foot structure was built in stages from 1929 to 1979 on 2.1 acrezs and occupies the entire city block bounded by Spring, Forsyth, Mitchell and Nelson Orinda and Octagon will convert the properth into a rental building with 205 loft unita and more than 70,000 square feet of commerciap space. Occupancy is expected in January 2011.
“The redevelopmenft of 222 Mitchell Streetf into rental lofts and retail space will play a significantg role in the rebirth of this part of downtown saidDillon Baynes, president of Orinda, in a “We’re certain that living at 222 Mitchello Street will appeal to young professional s who work downtown, as well as to college students, especially those who already attend one of the many fine institution in the area, such as Georgias State University, Spelman, Morehouse, Clarkk Atlanta University and Georgiqa Tech.

Monday, April 11, 2011

Charl Schwartzel's win no fluke at suspense-filled Masters - Chicago Sun-Times

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Reuters


Charl Schwartzel's win no fluke at suspense-filled Masters

Chicago Sun-Times


Charl Schwartzel of South Africa reacts after a birdie putt on the 18th hole during the final round of the Masters golf tournament Sunday, April 10, 2011, in Augusta, Ga. (AP Photo/Charlie Riedel) AUGUSTA, Ga. â€" Charl Schwartzel won the Masters on ...

!

Masters Leaderboard: Tiger Woods 1-Under After Opening Round Filled With Near ...

SB Nation Seattle


Another Masters near miss for Australians

Yahoo! Eurosport UK


Charl Schwartzel Joins Masters Winners List With Final Round Comeback

SB Nation


Monroe News Star -The Guardian -Herald Sun


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Saturday, April 9, 2011

Businesses worry and engage on Vermont's health reform bill - BurlingtonFreePress.com

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Businesses worry and engage on Vermont's health reform bill

BurlingtonFreePress.com


IBM officials said Friday they came away from a meeting with Gov. Peter Shumlin reassured they...- 6:12 am Game time is 4:30 pm next Saturday at the Essex Skating Facility. Tickets cost $5 for adults and...- 6:40 am March: kidding, sugaring and pruning ...



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Thursday, April 7, 2011

Mississippi — TITLE 19 COUNTIES AND COUNTY OFFICERS — CHAPTER 5 HEALTH ... - Leagle.com

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Mississippi â€" TITLE 19 COUNTIES AND COUNTY OFFICERS â€" CHAPTER 5 HEALTH ...

Leagle.com


A sum not to exceed Five Thousand Dollars ($5000.00) to build or aid any post of the American Legion, any chapter of the Daughters of the American Revolution, any chapter of the United Daughters of the Confederacy, or any post, unit or chapter of any ...



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Tuesday, April 5, 2011

Email to Wis. gov. initially favored union rights - abc27

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Email to Wis. gov. initially favored union rights

abc27


AP National/International News Health News from AP Entertainment News from AP AP National Video More>> By SCOTT BAUER and TODD RICHMOND AP MADISON, Wis. (AP) - Seeking a way to counter a growing protest movement, Wisconsin Gov. ...



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Sunday, April 3, 2011

Rewind: No apologies needed - News & Observer

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Kansas City Star


Rewind: No apologies needed

News & Observer


However, I don't think anyone who beats Earnhardt when he might have a chance of winning needs to apologize for anything. NASCAR has enough perception problems as it is. No one needs to add to that by ...


Jimmie Johnson questions speeding c »

Friday, April 1, 2011

Women need 'preventative drug therapy' for breast cancer - Nursing Times

http://www.novobr.com/user_detail.php?u=vastignitsgak


Women need 'preventative drug therapy' for breast cancer

Nursing Times


Both drugs have been given approval in the US to be used for preventative measures, a move that has not been followed in the UK. Potential side effects from taking tamoxifen include increasing the risk of blood clots and womb cancer. ...



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